Daou Data Corp.

KT Cloud is working to raise 1 trillion won ($792 million) by issuing new shares. The cloud arm of telecom juggernaut KT Corp. plans to use the...

Hyundai Marine & Fire Insurance Co. of South Korea is seeking investment opportunities for distressed and special situation strategies with a se...

“We had the overseas market in mind from the get-go,” global fabric sale platform SwatchOn’s CEO Lee Woo-seok told The Korea Econo...

Cryptocurrency investors in South Korea have threatened to file a class action lawsuit against co-founders of the disgraced blockchain platform oper...

South Korea’s SK Ecoplant Co., formerly known as SK Engineering & Construction Co., is slated to develop the largest commercial data cen...

CJ Corp. launched an artificial intelligence center Wednesday, which it hopes will lead the conglomerate's digital innovation. The new CJ AI Cente...

South Korea’s major tech companies such as Netmarble Corp., NCSoft Corp., Kakao Corp. and DoubleUGames were selected among the world’s m...

Awake Corp., a startup that operates platforms to assist online creators, recently attracted 1.1 billion won ($892,473) in seed capital. The total a...

South Korea's SK Hynix Inc., the world’s top-tier semiconductor manufacturer, unveiled its new solid-state drive (SSD) for data centers on A...

Samsung Electronics Co. and Western Digital Technologies Inc. announced Wednesday the two parties signed a memorandum of understanding (MOU) to coll...

“The first joint venture with the Seoul National University seal of approval” is how artificial intelligence startup SNUAI Lab Co. des...

South Korean startup Twelve Labs announced Sunday it secured $5 million in a seed round from Index Ventures.On its website, the venture capital firm...

Critical data center hubs have emerged in European major cities with dramatic growth in data consumption, and the facilities are rising as promising...

Visual effects production startup VA Corporation announced Monday it received 100 billion won ($80.4 million) from private equity fund Paratus Inv...

Private equity firm Actis LLP has promoted its Seoul office Chief Executive Scott Choi as a partner, the company said on March 7. Choi is the first ...

South Korean companies are expected to pay more for fundraising as Russia’s invasion of Ukraine has chilled investor sentiment on corporate bo...

South Korea’s general trading companies, which usually work as middlemen linking buyers with sellers, are seeking to transform into eco-friend...

A growing number of LG Group units have unveiled their dividend policies for the next three years for the first time in their history, as they are d...

Korea Post will increase its alternative investment from 13.6 trillion won ($11.3 billion) at the end-2021 to 16.7 trillion won ($13.9 billion) in 2...

The US government’s release on Tuesday of its findings on the reasons behind the global chip shortage is raising concerns among chipmakers, wi...

EONE-DIAGNOMICS Genome Center Co. ( EDGC ) announced this week it would participate in AI Human Metaverse Project consortium – along with seven ...

IGIS Asset Management Co. and its venture capital affiliate are slated to invest 10 billion won ($8.3 million) in Kakao Enterprise Corp., an artific...

South Korea’s Hyundai Heavy Industries Group joined forces with US data analytics firm Palantir Technologies Inc. to set up a big data platfor...

MG Korean Federation of Community Credit Cooperatives (KFCC) will gradually increase its alternative investment proportion from the current early 30...

Environmental, social and governance (ESG) requirements are expected to drive high-performance chip demand higher, in particular from data center op...

South Korean refiner Hyundai Oilbank Co. has attracted $20 million in investment from US data analytics firm Palantir Technologies Inc. ahead of its...

Korea Venture Investment Corp. plans to invest $58.2 million or about 69 billion won in 10 funds around the globe. The government-backed fund o...

As the adoption of artificial intelligence becomes more prevalent, the value of data also increases rapidly. The quality and quantity of data...

South Korean startup Data Republic is pioneering a smart way of investing for global cryptocurrency investors. Founded in 2018, the company has ra...

FiscalNote Holdings Inc., a US legal data and analytics company founded by a Korean-American, is set to go public in a deal valued at $1.3 billion. ...