Amazon
Scope
Date
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Artificial intelligence
Korean Air, Amazon to build AI customer center
South Korea's Korean Air Lines Co. announced on Monday that it will build an artificial intelligence (AI) contact center (AICC) platform in collabor...
14 HOURS AGO
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Tech, Media & Telecom
LG ends XR partnership with Meta; Amazon emerges as new partner
South Korean tech giant LG Electronics Inc. has ended its extended reality (XR) partnership with Meta Platforms Inc. three months after they agreed ...
May 20, 2024 (Gmt+09:00)
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Regulations
Seoul Semiconductor sues Amazon Europe for LED patent infringement
South Korea’s Seoul Semiconductor Co. said on Tuesday it had filed a complaint against multinational commerce giant Amazon with the European U...
Mar 05, 2024 (Gmt+09:00)
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Artificial intelligence
KT teams up with Amazon to bolster B2B generative AI
BARCELONA -- KT Corp., South Korea’s leading telecom services provider, said on Thursday it has signed a strategic partnership with Amazon Web...
Feb 29, 2024 (Gmt+09:00)
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Automobiles
Hyundai to be first automaker to sell cars on Amazon
Hyundai Motor Co., South Korea’s top automaker, will be the first carmaker to sell cars on Amazon in the US while providing drivers with the g...
Nov 17, 2023 (Gmt+09:00)
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Korean SMEs
Neo Chair cements No. 1 spot as office chair brand on Amazon
Neo Chair, almost unheard of in its home country South Korea, is the top-selling office chair brand on Amazon, the world's largest e-commerce platfo...
Oct 26, 2023 (Gmt+09:00)
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Cloud computing
Amazon bets big on Korea digital transition with new spending
Amazon Web Services Inc. (AWS), the world's largest cloud platform provider, said on Wednesday it will nearly triple its investment in South Korea t...
Oct 11, 2023 (Gmt+09:00)
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Cloud computing
SK Telecom's solution slashes cloud operating costs up to 40%
South Korea's SK Telecom Co. on Monday said it launched an optimization solution based on Amazon Web Services (AWS) that slashes cloud operating cos...
Sep 12, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Aekyung Industrial's sales on Amazon jump 58% in H1 2023
South Korea's Aekyung Industrial announced on Tuesday that its sales on the US e-commerce platform Amazon in the first half of this year increased...
Jul 18, 2023 (Gmt+09:00)
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Electronics
Samsung faces scrutiny under new EU digital market rules
Samsung Electronics Co. is facing scrutiny by the European Union over its leading position in the internet browser market under the Digital Markets ...
Jul 05, 2023 (Gmt+09:00)
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Artificial intelligence
Upstage beats Amazon, Nvidia to rank first in global AI competition
South Korea’s artificial intelligence startup Upstage on Monday said it ranked first in four categories at the International Association for P...
Apr 25, 2023 (Gmt+09:00)
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Korean startups
Asleep dreams big to help sleepless people worldwide find right treatment
Armed with artificial intelligence and big data technologies, Asleep hopes to find the best treatment for sleep-deprived people around the world wit...
Apr 21, 2023 (Gmt+09:00)
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Korean startups
AI tech firm Interminds to attract up to $12 mn in Series C
South Korean startup Interminds Co., an AI developer of unmanned convenience store operations, aims to attract 10 billion won to 15 billion won ($7....
Mar 23, 2023 (Gmt+09:00)
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Entertainment
S.Korea's KT Studio Genie provides romantic comedy to Amazon
KT Studio Genie, a content production subsidiary of the South Korea's telecom giant KT Corp., announced on Monday that it had signed a global conten...
Feb 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Point2 Technology to supply network cable solutions to Amazon
Point2 Technology, which specializes in high-speed communications solutions, said on Wednesday that it has signed a network cable solution supply co...
Jan 06, 2023 (Gmt+09:00)
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Cloud computing
KFTC acts on Amazon's large share of S.Korea's cloud market
Amazon controls around 70% of South Korea's cloud market, followed by Microsoft in second and Google and Naver Corp. fighting for third place.The Ko...
Dec 29, 2022 (Gmt+09:00)
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Real estate
Tiger Alternative, Ocean West sell 7 warehouses in US for $1 bn
A consortium led by South Korea’s Tiger Alternative Investors Co. and Los Angeles-based real estate firm Ocean West Capital Partners sold seve...
Sep 30, 2022 (Gmt+09:00)
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Cloud computing
LG's 5G backup system installed in AWS cloud platform
LG Uplus Corp., a South Korean internet service provider, said on Tuesday that it has installed its 5G mobile backup network system in the cloud com...
Sep 20, 2022 (Gmt+09:00)
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Electronics
LG Elec looks to pluck AI talent from Amazon, Microsoft
LG Electronics Inc.’s artificial intelligence head Lee Hyun-chul flew to Seattle this week to lure AI talent from Microsoft Corp. and Amazon.c...
Jun 17, 2022 (Gmt+09:00)
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Beauty & Cosmetics
K-beauty makers focus on US as China business slows
South Korea’s major cosmetics makers are trying to lure more customers in North America as the K-beauty boom has been weakening in China, the ...
Jun 16, 2022 (Gmt+09:00)
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Korean startups
Startups race for top talent to fill CTO positions
Just a few years back, fashion startups in South Korea rarely saw the need for a Chief Technology Officer (CTO). The same was true for the so-c...
May 20, 2022 (Gmt+09:00)
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Mergers & Acquisitions
SK Networks on hunt for one billion-dollar M&A target
South Korea's SK Networks Co. is looking for an acquisition worth over 1 trillion won ($816 million) to accelerate its shift away from trading and r...
Apr 14, 2022 (Gmt+09:00)
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REITs
Mirae Asset Global REIT to raise $371 mn for US warehouses
Mirae Asset Global Real Estate Investment Trust Co., a South Korean listed REIT under Mirae Asset Global Investments Co., is set to raise around 450...
Apr 05, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Hyundai Dept. Store to buy Zinus for $735 mn
South Korea’s major retailer Hyundai Department Store Group is set to buy Zinus Inc., a maker of best-selling mattresses in North America for ...
Mar 22, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Samsung SDS joins hands with Amazon for global cloud business
Samsung SDS Co., South Korea’s information technology service company, is set to expand its global cloud service business in cooperation with ...
Feb 18, 2022 (Gmt+09:00)
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Industrial devices
Korea’s Point Mobile expands supply deal with Amazon to offline units
Point Mobile Co., South Korea’s top enterprise handheld devices maker, expanded a supply deal with Amazon.com Inc. to offline units of the wor...
Feb 08, 2022 (Gmt+09:00)
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Alternative investments
IGIS, Shinhan post 70% return a year from Amazon warehouse sale
A Korean consortium led by IGIS Asset Management Co. and Shinhan Global Investment Banking (GIB) has signed a contract with a US asset manager to se...
Jan 24, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Megazone Cloud to attract up to $336 mn for 2023 IPO
Megazone Cloud Corp., a leading cloud service provider and the first Korean business partner of Amazon Web Service (AWS), plans to attract 300 billi...
Jan 20, 2022 (Gmt+09:00)
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Alternative investments
IGIS acquires US multifamily property for $262 mn
IGIS Asset Management Co., South Korea’s largest real estate asset manager, has purchased a multifamily asset in Alexandria, Virginia, throu...
Dec 23, 2021 (Gmt+09:00)
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Alternative investments
IGIS pre-purchases Amazon, FedEx warehouses
IGIS Asset Management Co., South Korea’s largest real estate asset manager, has made a forward funding deal of three logistics centers under...
Dec 22, 2021 (Gmt+09:00)