Artificial Intelligence Grand Challenge
Scope
Date
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Korean chipmakers
SK Hynix bets on DRAM upturn with $7.6 bn spending; HBM in focus
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., is significantly increasing its capital spending on ...
Nov 09, 2023 (Gmt+09:00)
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Retail
Coupang opens its second logistics center in Taiwan
Coupang Inc., South Korea’s leading e-commerce platform, has opened its second fulfillment center in Taiwan and plans to open a third one ther...
Nov 03, 2023 (Gmt+09:00)
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E-commerce
China’s Temu challenges homegrown e-commerce platforms in Korea
Temu, a popular Chinese discount e-commerce platform that landed in South Korea just a few months ago, has apparently cracked homegrown players&rsqu...
Oct 19, 2023 (Gmt+09:00)
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Logistics
Lotte Global Logistics, CoEvolution to develop automatic solutions
South Korea's Lotte Global Logistics announced on Wednesday that it has signed a memorandum of understanding (MOU) for a strategic partnership with ...
Sep 20, 2023 (Gmt+09:00)
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Travel & Leisure
Jackpot seekers boost Grand Hyatt Jeju's Aug sales to record high
Grand Hyatt Jeju within Jeju Dream Tower Integrated Resort posted its highest-ever revenue of 14.3 billion won ($10.8 million) in August, Lotte Tour...
Sep 05, 2023 (Gmt+09:00)
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Electronics
LG Elec to fend off challengers with tech supremacy: H&A Head Ryu
LG Electronics Inc., the South Korean home appliance giant that is also the world’s No. 1 home electronics seller, is sure it can hold its mar...
Sep 03, 2023 (Gmt+09:00)
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ESG
LG Group manages ESG information like financial data
LG Group has decided to manage environmental, social, and governance (ESG) management activities as if they were financial data. The aim is to provi...
Sep 01, 2023 (Gmt+09:00)
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Retail
Japan's fever for Korean homegrown brands on the rise
Shimamura Co., Japan’s second-largest apparel company that runs around 2,200 stores nationwide, has dispatched a team of four buyers to Seoul ...
Aug 31, 2023 (Gmt+09:00)
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Logistics
CJ Logistics to introduce intelligent CCTV
South Korea's CJ Logistics announced on Thursday that it has entered into a business agreement with Hanwha Vision for the development and logistics ...
Aug 24, 2023 (Gmt+09:00)
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Travel & Leisure
K-tourism video ads with Lee Jung-jae exceed 510 mn views
The four-video Challenge Korea series promoting tourism in South Korea with "Squid Game" actor Lee Jung-jae has surpassed half a billion views in ju...
Aug 24, 2023 (Gmt+09:00)
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Fiber & Textile
DK&D to develop green artificial leather with Chinese partner
DK&D Co., a South Korean maker of synthetic leather, on Tuesday said it signed a memorandum of understanding with Chinese eco-friendly non-woven...
Aug 23, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver's translation app Papago faces challenge from German competitor
A German competitor has entered South Korea's translation tool market to challenge No. 1 Naver Corp. and No. 2 Google.The Cologne, Germany-based art...
Aug 18, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Motor eyes EV charger alliance in US to take on Tesla
South Korea’s Hyundai Motor Co. and Kia Corp. are planning to join BMW, General Motors, Honda Motor, Mercedes-Benz and Stellantis to collectiv...
Jul 27, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia, Toyota unveil new SUVs in head-to-head showdown
South Korea’s two largest automakers – Hyundai Motor Co. and Kia Corp. – are set to compete head-to-head with Japan’s top ca...
Jul 25, 2023 (Gmt+09:00)
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Bio & Pharma
Corentec enters Japanese artificial joint market
Corentec Co., a South Korean company that develops artificial joints and spinal implants, is making a full-fledged entry into the Japanese market. T...
Jul 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT to cooperate with Mongolian gov't on DX techs
South Korea's telecom service provider KT Corp. disclosed on Monday its plans to collaborate with the Mongolian government to usher in a digital tra...
Jul 17, 2023 (Gmt+09:00)
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Economy
BOK chief says aging without assets key challenge to S.Koreans
JEJU -- South Korea’s central bank chief on Friday warned of the growing risk of aging without assets in Asia’s fourth-largest economy a...
Jul 14, 2023 (Gmt+09:00)
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Economy
S&P expects BOK to cut rate by 100 bps in 2024 for growth
South Korea’s central bank is expected to cut its policy interest rate by one percentage point next year with inflationary pressure easing fur...
Jul 12, 2023 (Gmt+09:00)
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Travel & Leisure
S.Korean gov't unveils new K-tourism video ads
The South Korean Ministry of Culture, Sports, and Tourism, along with the Korea Tourism Organization, announced on Tuesday that they have launched t...
Jun 27, 2023 (Gmt+09:00)
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Advertising & Marketing
Cheil Worldwide wins Grand Prix at Cannes Lions 2023
South Korea's leading ad agency and marketing company Cheil Worldwide clinched nine awards, including the coveted Grand Prix, at the esteemed Cannes...
Jun 26, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's ToolGen develops gene-edited cow for artificial blood
South Korean genome editing developer ToolGen Inc. has teamed up with Lartbio Technology, a Seoul-based transgenic animal development company, to de...
Jun 21, 2023 (Gmt+09:00)
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Electronics
Samsung launches collaborative product with illustrator Max Dalton
Samsung Electronics Co. announced on Monday that it has unveiled a special edition of Bespoke Jet Bot AI, collaborative with illustrator Max Dalton,...
Jun 19, 2023 (Gmt+09:00)
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Energy
Challenges, opportunities for Asia’s energy transition: GIG
Global investors injected more than $1 trillion into energy transition for the first time last year. South Korea poured in some $19 billion, becomin...
Jun 07, 2023 (Gmt+09:00)
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Batteries
LG Energy, Novonix join hands for US EV battery material
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery maker, has teamed up with Novonix Ltd., an Australian cell ingredi...
Jun 07, 2023 (Gmt+09:00)
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Robotics
Team from KAIST wins Quadruped Robot Challenge of UK
A team from the Korea Advanced Institute of Science and Technology (KAIST) has won the Quadruped Robot Challenge of the UK, easily beating models fr...
Jun 07, 2023 (Gmt+09:00)
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K-pop
TikTok embraces BTS' 10th debut anniversary hashtag campaign
Global short-form video platform TikTok announced on Friday that it will collaborate with "2023 BTS Festa" to celebrate BTS' 10th debut anniversary ...
Jun 02, 2023 (Gmt+09:00)
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Perspectives
Optimism and hope for South Koreans
I sometimes receive emails from Koreans asking why I don’t consider some of the more troubling social issues their country faces when I am pla...
Jun 02, 2023 (Gmt+09:00)
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Korean startups
Korean AI startup ActionPower poised to outdo OpenAI, Google: CEO
ActionPower Corp. founded in 2016 is small and young compared to Big Tech companies or heavily funded startups like OpenAI but it is mighty enough t...
May 31, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung takes steps toward XR device processor chips
Samsung Electronics Co. has been taking steps to develop extended reality (XR) device processor chips to challenge Qualcomm Technologies Inc. and Go...
May 28, 2023 (Gmt+09:00)
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Corporate strategy
LG Innotek seeks to bolster innovation through a broader talent pool
Efforts by LG Innotek Co. to diversify its talent pool have borne fruit by boosting its competitive edge, under its chief executive's focus on bro...
May 22, 2023 (Gmt+09:00)