Korean SMEs
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Korean SMEs
KOTRA operates S.Korea's pavilion at Vietnam Expo
The Korea Trade-Investment Promotion Agency (KOTRA) announced on Wednesday that it has operated the South Korean Pavilion at the 2024 Vietnam Expo, h...
Apr 03, 2024 (Gmt+09:00)
1 Min read -
Korean SMEs
S.Korean boiler firms expand exports
Despite a global economic slowdown, South Korea's overseas exports of boilers and water heaters increased 4.9% year over year by $478.3 million in 20...
Feb 27, 2024 (Gmt+09:00)
1 Min read -
Korean startups
Korean semiconductor startups shine in venture downturn
South Korean startups in the semiconductor, eco-friendly and electric vehicle battery sectors succeeded in attracting investors in the second half of...
Jan 03, 2024 (Gmt+09:00)
4 Min read -
Artificial intelligence
SK Telecom launches AI-based phone interpreting service
South Korea’s top mobile carrier SK Telecom Co. has launched an artificial intelligence-based telephone interpreting service in real-time for t...
Dec 14, 2023 (Gmt+09:00)
1 Min read -
Korean startups
Korea’s Growth Champions 2024 by Statista, Korea Economic Daily
Statista, the world’s leading data and intelligence company, has teamed up with The Korea Economic Daily to identify South Korea’s fastes...
Dec 11, 2023 (Gmt+09:00)
6 Min read -
Korean SMEs
Kyung Dong Navien enters into US boiler market
South Korea's heating systems manufacturer Kyung Dong Navien Co. announced on Thursday it shipped its first "Condensing Hydro Furnace" to the US mark...
Nov 16, 2023 (Gmt+09:00)
1 Min read -
Korean SMEs
Chemtronics readies to produce key solvent for photoresists
SEONGNAM, South Korea -- Chemtronics Co. Ltd., a South Korean chemical materials maker, appears to have removed a key hurdle to expanding the domesti...
Nov 07, 2023 (Gmt+09:00)
2 Min read -
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 platfor...
Oct 26, 2023 (Gmt+09:00)
2 Min read -
Retail
Over 12,000 S.Korean SMEs enter Taiwan through Coupang
South Korea's e-commerce leader Coupang Inc. announced on Wednesday that more than 12,000 small- and medium-sized enterprises (SMEs) have entered Tai...
Oct 11, 2023 (Gmt+09:00)
1 Min read -
Research & Development
S.Korea’s corporate R&D spending lags global rivals
Major South Korean companies’ spending on research and development lags investments made by their global competitors due to lower government ta...
Oct 05, 2023 (Gmt+09:00)
3 Min read -
Korean startups
Korean language demand creates new overseas markets for startups
South Korean language startups are expanding their business in overseas markets with their local tongue through generative artificial intelligence, t...
Sep 29, 2023 (Gmt+09:00)
5 Min read -
Korean SMEs
Sampyo targets India’s railway track parts market
Sampyo Railway Co., South Korea’s No. 1 railway turnout manufacturer, plans to launch a joint venture with an Indian company within the year t...
Sep 11, 2023 (Gmt+09:00)
2 Min read -
Korean SMEs
S.Korea's Lotte Group helps SMEs penetrate Indonesian market
South Korea's Lotte Group through Friday is holding the event Korea Expo in Jakarta in the Indonesian capital with the Korea Trade-Investment Promoti...
Sep 07, 2023 (Gmt+09:00)
1 Min read -
Retail
Home & Shopping, Teleken signs business agreement
South Korea's TV and online shopping operator Home & Shopping Co. announced on Friday that it has signed a business agreement with the Japanese c...
Sep 01, 2023 (Gmt+09:00)
1 Min read -
Korean startups
Korea Credit Data raises $75.7 million from Morgan Stanley
Korea Credit Data (KCD), a South Korean fintech startup focusing on small- and medium-sized enterprises (SMEs), has raised 100 billion won ($75.7 mil...
Aug 24, 2023 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
Samsung materials suppliers Soulbrain, DNF to merge in $87 mn deal
Soulbrain Holdings Co., a South Korean high-tech materials supplier to Samsung Electronics Co., is in final talks to buy a controlling stake in anoth...
Aug 09, 2023 (Gmt+09:00)
2 Min read -
Korean SMEs
Korean boiler makers set sights on Central, South America
South Korea’s major boiler manufacturers are stepping up overseas expansion to diversify beyond the saturated domestic market, setting their si...
Aug 07, 2023 (Gmt+09:00)
1 Min read -
Korean SMEs
S.Korea bets on 2nd Middle East boom for SMEs, startups
The Middle East is emerging as a key export market for South Korean small enterprises and startups desperate for global expansion to tide over the ec...
Jun 15, 2023 (Gmt+09:00)
2 Min read -
Korean SMEs
KBIZ holds SME export consultation meeting in Dubai
A large-scale business event was held in Dubai to support the expansion of Korean small- and medium-sized enterprises (SMEs) into the Middle East.The...
Jun 13, 2023 (Gmt+09:00)
1 Min read -
Korean startups
Korean startups opt for Konex, loans for survival during IPO winter
South Korea's anemic initial public offering market has forced the country’s startups to become more creative in raising funds as they shift to...
Jun 02, 2023 (Gmt+09:00)
5 Min read -
Korean SMEs
Samsung Electronics' smart factory project targets SMEs
Sales of Cookia, a small maker of tofu snacks in South Korea based in Yeosu, South Jeolla Province, have jumped eight-fold in six years from 300 mill...
May 25, 2023 (Gmt+09:00)
2 Min read -
Korean SMEs
Boeing-backed Huneed eyes civil aircraft market beyond jets
South Korea’s Huneed Technologies specializes in aircraft components such as military communications equipment and supplies them to the armed f...
May 23, 2023 (Gmt+09:00)
2 Min read -
Korean SMEs
S.Korea to launch first cyber office for small, medium businesses
South Korea's Minister of SMEs and Startups Lee Young on Monday said the country will launch its 18th office for small and medium enterprises (SME) i...
May 16, 2023 (Gmt+09:00)
1 Min read -
Korean SMEs
S.Korea’s Suprema wins order from Saudi Arabia's Neom city project
South Korea’s Suprema Inc., an artificial intelligence (AI)-based security company, on Wednesday said it won a large-scale project in Neom, a s...
May 04, 2023 (Gmt+09:00)
1 Min read -
Korean SMEs
S.Korea gov’t hosts sales event for domestic, US SMEs
South Korean small- and medium-sized enterprises (SMEs) expanded their exchange and cooperation with US firms during President Yoon Suk yeol's state ...
Apr 26, 2023 (Gmt+09:00)
1 Min read -
Korean chipmakers
Samsung to transfer proprietary technologies to SMEs for free
Samsung Electronics Co. has partnered with South Korean government to transfer patented technologies free of charge in an effort to support the growt...
Apr 10, 2023 (Gmt+09:00)
1 Min read -
Korean SMEs
S.Korea’s Shinsegae, KOTRA to help domestic fashion firms for export
Shinsegae Department Store revealed on Friday that they will collaborate with the Korea Trade-Investment Promotion Agency (KOTRA) to assist domestic ...
Mar 31, 2023 (Gmt+09:00)
1 Min read -
Korean SMEs
SGC Solutions expands overseas sales channels for its brand Glasslock
South Korea's glassware maker SGC Solutions said Tuesday that it has signed a memorandum of understanding (MOU) with the Korea Small & Medium Bus...
Feb 01, 2023 (Gmt+09:00)
1 Min read -
Regulations
Broadcom to give Samsung warranties to avoid Korea penalties
US chipmaker Broadcom Inc. agreed to provide three-year warranties and technical support for components equipped in products such as smart devices of...
Jan 09, 2023 (Gmt+09:00)
2 Min read
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