-
Venture capitalDaol Financial Group to let go of VC affiliate, hit by liquidity crunch
The Daol Financial Group is widely expected to let go of its venture capital arm in the midst of a worsening liquidity crunch.&n...
Dec 06, 2022 (Gmt+09:00)
-
Artificial intelligenceTwelve Labs secures $12 mn for AI-powered video analysis platform
Twelve Labs Inc., a South Korean artificial intelligence-powered video search platform developer, closed its seed extension roun...
Dec 06, 2022 (Gmt+09:00)
-
Culture & TrendsBlackpink named Entertainer of the Year by Time Magazine
Group Blackpink was selected as "2022 Entertainer of the Year" by TIME, a US weekly magazine. The magazine released a list of th...
Dec 06, 2022 (Gmt+09:00)
-
Shipping & ShipbuildingSamsung Heavy sells drillship to Italian offshore drilling company
Samsung Heavy Industries said on Tuesday in a regulatory filing that it has sold a drillship to Saipem, an Italian offshore dril...
Dec 06, 2022 (Gmt+09:00)
-
Electric vehiclesKia to produce flagship EV9 at Georgia plant in US from 2024
Kia Corp., South Korea’s second-largest automaker, will manufacture the EV9, its large flagship electric SUV, at its plant...
Dec 06, 2022 (Gmt+09:00)
-
Mergers & AcquisitionsLG Uplus poised to acquire homegrown OTT platform Watcha
South Korea’s third-largest mobile carrier LG Uplus Corp. is slated to acquire homegrown over-the-top (OTT) platform Watch...
Dec 06, 2022 (Gmt+09:00)
-
ESGKumho Tire receives silver medal from EcoVadis
Kumho Tire Co. announced on Tuesday that it received a silver medal from EcoVadis, a global ESG (environmental, social, and gove...
Dec 06, 2022 (Gmt+09:00)
-
Artificial intelligenceKakao Brain to unveil AI chest X-ray diagnosis service next year
Come next year, Kakao Brain, the artificial intelligence arm Kakao Corp., is slated to unveil an AI system that can write the fi...
Dec 06, 2022 (Gmt+09:00)
-
AirlinesKorean Air signs agreement with L3Harris for airborne control system
Korean Air Lines Co. is collaborating with L3Harris International, an American aerospace contractor, to introduce the airborne c...
Dec 06, 2022 (Gmt+09:00)
-
BatteriesSK On-Ford Motor EV battery joint venture breaks ground in Kentucky
NEW YORK – SK On Co., a leading South Korean battery maker, and Ford Motor Co. have begun building their multi-billion-dol...
Dec 06, 2022 (Gmt+09:00)
-
Hydrogen economyLotte Chem, Air Liquide Korea launch JV for hydrogen business
South Korea’s chemical firm Lotte Chemical Corp. and Air Liquide Korea, the Korean unit of the French company Air Liquide ...
Dec 06, 2022 (Gmt+09:00)
-
CompaniesSK Discovery launches bio strategy, investment division
Korea's chemical company SK Discovery Co. on Tuesday said it launched a bio strategy and investment division headed by Kim Jung-...
Dec 06, 2022 (Gmt+09:00)
-
Artificial intelligenceSamsung, Naver agree to partner in developing next-gen AI semiconductor solutions
Samsung Electronics Co. and Naver Corp. have agreed to cooperate in developing next-generation AI semiconductor solutions optimi...
Dec 06, 2022 (Gmt+09:00)
-
Bio & PharmaCJ partners with Emmyon to develop ingredients preventing muscle atrophy
South Korean food giant CJ CheilJedang Corp. announced on Tuesday that it has signed a license contract with Emmyon, an American...
Dec 06, 2022 (Gmt+09:00)
-
Shipping & ShipbuildingSouth Korea's Hyundai Heavy Industries establishes chief AI officer post
South Korea's Hyundai Heavy Industries Group has created the position of chief artificial intelligence (AI) officer (CAIO) to pr...
Dec 06, 2022 (Gmt+09:00)
-
AutomobilesLotte Rental wins $30 mn Tower Export Award for selling used cars
Lotte Rental said on Tuesday that it was granted the "$30 Million Tower" Export Award at the "59th Korea Trade Day" award ...
Dec 06, 2022 (Gmt+09:00)
-
AutomobilesHyundai's sales of E-GMP-based EVs exceed 100,000 units in Korea
South Korea’s Hyundai Motor Group sold more than 100,000 units of electric vehicles (EVs) that adopted Hyundai Motor&rsquo...
Dec 06, 2022 (Gmt+09:00)
-
Beauty & CosmeticsShinsegae Int'l secures domestic sales rights for Italian brand Davines
South Korea's fashion retail giant Shinsegae International on Monday said it has acquired the domestic rights to sell the Italia...
Dec 06, 2022 (Gmt+09:00)
-
AutomobilesNexen Tire develops AI-based tech for road surface detection
Nexen Tire Corp. on Monday said it developed technology for road surface detection and analysis of tire braking distance using a...
Dec 06, 2022 (Gmt+09:00)
-
ElectronicsTaihan earns certification for extra-high voltage transmission cable
Taihan Cable & Solution said on Monday that it had completed the development of a 500-kV current cross-linked polyethylene e...
Dec 06, 2022 (Gmt+09:00)