Big Bang Program
Scope
Date
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Korean food
After frozen Kimbap craze, here comes Korean street food
It all began in August, when hundreds of tons of frozen South Korean kimbap, or seaweed-wrapped rice rolls, sold out within a month of their arrival...
Feb 01, 2024 (Gmt+09:00)
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Bio & Pharma
Biopharma M&As: Next big thing for South Korean manufacturers
When Orion Corp., known for its signature snack cake Choco-Pie, announced a $415 million deal to acquire biotech startup LegoChem Biosciences Inc. l...
Jan 22, 2024 (Gmt+09:00)
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Electronics
LG Electronics bets big on smart factory business
LG Electronics Inc. launched a smart factory business division under its research and development center early this month to accelerate its transiti...
Jan 22, 2024 (Gmt+09:00)
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Entertainment
Innocean, HYBE launch Seventeen project in Bangkok
Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, announced on Wednesday that it has launched a K-pop boy g...
Jan 17, 2024 (Gmt+09:00)
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Batteries
LG Elec opens its first overseas EV charger plant in Texas
South Korea’s LG Electronics Inc. has opened its first overseas EV charger factory in Fort Worth, Texas. The move comes as the global home app...
Jan 14, 2024 (Gmt+09:00)
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Artificial intelligence
Naver, NHIS to boost data services with HyperCLOVA X
South Korea's leading online portal Naver Corp. and the state-run National Health Insurance Service (NHIS) will collaborate to leverage advanced art...
Dec 18, 2023 (Gmt+09:00)
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Metaverse
UAE, Korea’s Naver Z join hands for virtual reality tech
South Korea’s Naver Z Corp., the operator of virtual world platform Zepeto, said Monday it will join forces with the United Arab Emirates&rsqu...
Dec 11, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders slide to 2nd place after China in November orders
South Korean shipbuilders slid to second place in new shipbuilding orders last month, yielding the top spot back to their Chinese rivals.According t...
Dec 05, 2023 (Gmt+09:00)
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Travel & Leisure
Foreign visitors to S.Korea on course to top 10 mn milestone
The number of foreign visitors to South Korea spiked 158.3% to 1.23 million in October from the month previous, the Korea Tourism Organization said ...
Nov 29, 2023 (Gmt+09:00)
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Economy
Korea to raise unskilled foreign worker visa quota to record high
South Korea is set to increase its visa quota for non-professional foreign workers to a record high and expand the sectors in which they can work to...
Nov 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung closer to fully connected smart home vision
Samsung Electronics Co. is pushing forward with its goal of offering connected and customized services for 1.4 billion smartphones, TVs and home app...
Nov 21, 2023 (Gmt+09:00)
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Korean startups
Hyundai Motor Group spins off three in-house startups
Hyundai Motor Group announced on Tuesday it spun off three in-house startups Eficar, Hcharge Lab, and 3I Solution. Eficar provides a service th...
Nov 21, 2023 (Gmt+09:00)
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Fintech
S.Korea's FNS Value to enter Malaysian fintech market
South Korea's FNS Value announced on Thursday a collaboration agreement with the Malaysian big data technology company Big Dataworks. The two compan...
Nov 16, 2023 (Gmt+09:00)
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Korean startups
Korean AI startups Allganize, Neurophet raise over $35 mn
South Korea’s artificial intelligence technology startups Allganize Inc. and Neurophet Inc. raised about 47 billion won ($35 million) in total...
Nov 08, 2023 (Gmt+09:00)
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Artificial intelligence
Samsung unveils generative AI Gauss, to be integrated in Galaxy S24
Samsung Electronics Co. on Wednesday unveiled its first generative artificial intelligence model, Samsung Gauss, to compete with the likes of ChatGP...
Nov 08, 2023 (Gmt+09:00)
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Airlines
Asiana’s cargo unit sale faces tough hurdles before KAL merger
The proposed merger of Korean Air Lines Co. (KAL) and Asiana Airlines Inc. has moved one step closer to completion with Asiana’s backing of it...
Nov 03, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai bets big on deep discounts to survive EV plateau
Hyundai Motor Co. is going all out to revive drivers’ interest in electric vehicles with significant price cuts in the US, the world’s s...
Oct 31, 2023 (Gmt+09:00)
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Artificial intelligence
Nvidia invests in Korean generative AI startup Twelve Labs
Nvidia Corp., a global chip designer, made its first investment in a South Korean generative artificial intelligence startup as Big Tech companies G...
Oct 24, 2023 (Gmt+09:00)
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Artificial intelligence
ESTsoft, LG Energy sign AI human education program contract
South Korea's AI service specialist company ESTsoft Corp. announced on Tuesday it has signed an education content supply contract with LG Energy Sol...
Oct 24, 2023 (Gmt+09:00)
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Bio & Pharma
Johnson & Johnson more interested in Korean bio startups
Johnson & Johnson, a global pharmaceutical giant, showed more interest in South Korean bio startups with competitive innovation despite the rece...
Oct 17, 2023 (Gmt+09:00)
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Corporate strategy
Lotte leads corporate push to raise Korea’s dismal birthrate
South Korea’s dreadfully low birthrate — the world’s lowest — is not just a concern for politicians or government officials....
Oct 16, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Big 3 Korean shipmakers all likely to log quarterly profit
South Korea’s three major shipbuilders are all poised to log quarterly surpluses for the July-September period and stay in the black for years...
Oct 16, 2023 (Gmt+09:00)
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Travel & Leisure
Israel-Hamas war takes toll on S.Korean pilgrims
The war in Israel and Gaza, which has paralyzed some parts of the Middle East, is also set to put a complete stop to South Koreans’ tours of t...
Oct 13, 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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Robotics
Hanwha bets big on robots with Hanwha Robotics' official launch
South Korea’s seventh-largest conglomerate Hanwha Group has joined a race to win the burgeoning robot market, with the official launch of Hanw...
Oct 04, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver integrates points program with Samsung Pay
The online money and points of South Korea's Naver Pay, an affiliate of the country's largest web portal Naver Corp., can now be used at offline sto...
Sep 26, 2023 (Gmt+09:00)
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Culture & Trends
Are virtual idols the next big thing in K-content?
South Korea's booming virtual idol sector, which combines K-pop content and technology, is fueling interest on the enter-tech (entertainment and tec...
Sep 25, 2023 (Gmt+09:00)
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Artificial intelligence
KT, BI Matrix to develop natural language processing AI
South Korea's KT Corp. is partnering with the intelligent solutions specialist company BI Matrix to develop technology that uses artificial intell...
Sep 22, 2023 (Gmt+09:00)
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K-pop
All seven BTS members to renew contracts with HYBE
All seven members of BTS are set to renew contracts with their current label HYBE Co. for the second time, allowing their fans across the world to e...
Sep 20, 2023 (Gmt+09:00)
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Foreign exchange
Koreans’ US dollar selling spree continues in anticipation of weaker USD
US dollar investors in South Korea have not backed down from their shorting position of the currency despite the strengthening dollar against the Ko...
Sep 19, 2023 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand