E GMP platform
Scope
Date
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Construction
Hyundai E&C, Holcim to jointly develop low-carbon construction materials
South Korea's Hyundai Engineering & Construction (E&C) said on Thursday that it has established an agreement with Holcim, a renowned global ...
May 25, 2023 (Gmt+09:00)
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Korean startups
GoodGang Labs attracts $2 mn from Kakao Investment
South Korea's GoodGang Labs, a startup focused on developing a 3D avatar-based communication platform, announced on Thursday that it has secured an ...
May 25, 2023 (Gmt+09:00)
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Korean startups
Music copyright trading platform Musicow attracts $46 mn from STIC
Musicow Inc. has garnered an additional 60 billion won ($45.8 million) from Seoul-based venture capital and private equity firm STIC Investments Inc...
May 23, 2023 (Gmt+09:00)
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Hydrogen economy
Korea's SK E&S plans $14 bn joint investment in hydrogen biz
South Korea’s SK E&S Co. is poised to spend 18.5 trillion won ($13.9 billion) with partners by 2025 to set up a hydrogen industry value ch...
May 19, 2023 (Gmt+09:00)
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Logistics
Samsung SDS bolsters Cello Square with tech upgrades, global push
Samsung SDS Co., the information technology service unit under Samsung Group, has upgraded its digital forwarding freight service platform to bring ...
May 18, 2023 (Gmt+09:00)
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Retail
Korea's E-Mart shares tumble despite push for profitability
South Korea’s largest hypermarket chain E-Mart Inc., a unit of a local retail giant Shinsegae Group, suffered a drop in its share prices to a ...
May 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea's top 3 telecom companies boost pet-related services
South Korea's top three telecommunication companies are expanding their pet-related services to attract as customers the estimated 15 million owners...
May 18, 2023 (Gmt+09:00)
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Artificial intelligence
LG CNS’ AI-based marketing platform greatly boosts results
The trial application of South Korea's information and communications technology company LG CNS of artificial intelligence (AI) to marketing and adv...
May 16, 2023 (Gmt+09:00)
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Electronics
Cuchen links rice cookers to Samsung Electronics’ IoT
South Korea’s kitchen appliance maker Cuchen on Monday said it will link two rice cookers possessing Internet of Things (IoT) technology to Sa...
May 16, 2023 (Gmt+09:00)
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Travel & Leisure
Yanolja acquires Israeli tourism tech company Go Global Travel
South Korea's tourism platform unicorn Yanolja has acquired Go Global Travel (GGT), an Israel-based company for global business-to-business (B2B) tr...
May 15, 2023 (Gmt+09:00)
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Artificial intelligence
Samsung, Naver to jointly develop generative AI to rival ChatGPT
South Korea’s two tech giants – Samsung Electronics Co. and Naver Corp. – have agreed to jointly develop a generative artificial i...
May 14, 2023 (Gmt+09:00)
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Entertainment
CJ ENM’s OTT platform TVing: White elephant or new cash cow?
CJ ENM Co. is the undisputed No. 1 movie producer and distributor in South Korea, having sponsored numerous awards-wining films such as “Paras...
May 12, 2023 (Gmt+09:00)
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Logistics
CJ Logistics to establish global distribution center in Saudi Arabia
South Korea's CJ Logistics unveiled plans on Thursday to construct a Global Distribution Center (GDC) in Saudi Arabia, a burgeoning logistics hub in...
May 11, 2023 (Gmt+09:00)
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Earnings
Coupang reports third profitable quarter in a row
South Korea’s Coupang Inc. on Wednesday reported three quarters of consecutive profits, calming investors' concerns about its cumulative ...
May 10, 2023 (Gmt+09:00)
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Metaverse
SK Telecom launches Seoul, LA tours in metaverse
SK Telecom Co., South Korea's top mobile carrier, said Monday it has created a virtual space of tourist attractions on its metaverse platform Ifland...
May 09, 2023 (Gmt+09:00)
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Construction
GS E&C apologizes for collapse of apartment parking lot
GS Engineering & Construction Co. made an official apology on Tuesday for the collapse of a structure in an underground parking lot of a new apa...
May 09, 2023 (Gmt+09:00)
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Korean games
WeMade discusses first console game with Microsoft
South Korea's video game developer WeMade Co. on Monday said it is discussing cooperation with Microsoft in areas like WeMade's release of a console...
May 08, 2023 (Gmt+09:00)
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Artificial intelligence
Wrtn to offer free access GPT-4 conversation services
South Korean generative AI startup Wrtn Technologies announced on Thursday that it will offer unlimited free access to its conversation feature...
May 04, 2023 (Gmt+09:00)
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Hydrogen economy
Samsung, Hyundai, others to use hydrogen buses for commute
Samsung Electronics Co., Hyundai Motor Co., SK Hynix Inc., POSCO Holdings Inc., SK E&S, POSCO E&C and SK Siltron have agreed to replace thei...
May 04, 2023 (Gmt+09:00)
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Artificial intelligence
Spooked by data leak, Samsung bans use of ChatGPT, other AI tools
Alarmed by a recent accidental data leak, Samsung Electronics Co. has banned one of its biggest business divisions from using ChatGPT and other gene...
May 02, 2023 (Gmt+09:00)
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Earnings
HYBE logs record-high Q1 profit despite BTS break
South Korea’s HYBE Co. behind global sensation BTS on Tuesday reported a 41.5% surge in first-quarter profit, driven by BTS members’ out...
May 02, 2023 (Gmt+09:00)
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Energy
SK E&S to supply renewable electricity to BASF
South Korea’s SK E&S Co. will supply electricity generated from renewable energy to global chemical company BASF. SK E&S announced on...
May 02, 2023 (Gmt+09:00)
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Retail
Chinese shoppers slash online purchases of Korean goods
Chinese shoppers have slashed online purchases of South Korean goods since the outbreak of the COVID-19 pandemic, tightening their wallets mostly on...
May 02, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis to lead mobility platform innovation: CEO Cho
Hyundai Mobis Co. will take another leap forward to become a mobility platform provider for future mobility technologies and bolster its new growth ...
Apr 28, 2023 (Gmt+09:00)
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Korean startups
BIND wins D.Camp startup pitch race in April, co-sponsored by CJ
BIND Corp. was chosen by investors as the best of the best for its online fashion platform for middle-aged men during South Korea’s major star...
Apr 28, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea’s AI platform Wrtn to enter Japanese market
South Korean generative AI startup Wrtn Technologies unveiled Wrtn Japan, its Japanese version generative AI platform, during the "Generative AI Asi...
Apr 28, 2023 (Gmt+09:00)
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Hydrogen economy
S.Korea's IBS develops floatable photocatalytic platform
The Institute for Basic Science (IBS) in South Korea has developed a new floatable photocatalytic platform that can produce green hydrog...
Apr 28, 2023 (Gmt+09:00)
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Retail
Kakao starts real-time commerce broadcast platform Partners Live
Companies entering South Korea's KakaoTalk Store can conduct "labang," a term combining the Korean words for "live" and "broadcasting," any time the...
Apr 28, 2023 (Gmt+09:00)
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Artificial intelligence
SK Telecom, Golfzon develop AI golf platform
An artificial intelligence platform in South Korea has produced a golfing coach that analyzes and diagnoses problems in swing posture and recommends...
Apr 27, 2023 (Gmt+09:00)
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Retail
S.Korea’s Musinsa, Disney to collaborate character products
South Korea’s online fashion platform Musinsa has partnered with the Walt Disney Company Korea, a Korean unit of the global entertainment...
Apr 27, 2023 (Gmt+09:00)