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...

HL Holdings, Veluga Brewery to digitalize Korean liquor market

HL Holdings Corp., a major South Korean automotive parts logistics specialist with a three-decade history, has joined hands with Veluga Brewery Inc....

KT pursues digitalization of health care with ezCaretech

South Korea's KT Corp. on Friday said it will jointly enter the health care sector with electronics health records company ezCaretech.Both companies...

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...

Kia, Kakao Mobility to jointly develop PBV for ride-hailing

Kia Corp. and Kakao Mobility announced on Friday that they have signed the previous day a memorandum of understanding for the development of a purpo...

Korean KT Cloud to raise $452 mn from IMM via rights offering

KT Cloud Corp., a subsidiary of South Korea’s telecom giant KT Corp., is set to raise 600 billion won ($452 million) from a unit of Seoul-base...

S.Korea in March posts first current account surplus in 3 months

South Korea in March posted a current account surplus for the first time this year thanks to a surge in the dividend account that offset continuous ...

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 ...

S.Korean kitchen robot startup Wave attracts $3 mn investment

South Korea's kitchen robot startup Wave Lifestyle Technologies announced on Tuesday that it has raised a Series A1 investment of 4 billion won ($3 ...

Korean Air to launch in-flight wi-fi service for int'l routes

Korean Air Lines Co. announced on Tuesday that it will begin in-flight wi-fi service on selected international routes starting from June 1.Korean Ai...

Samsung, LG step up competition for smart TV content

The world’s two largest TV makers Samsung Electronics Co. and LG Electronics Inc. are scrambling to boost their smart TV content to make up fo...

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...

Korea’s Hanatour sees 1st profit in over 3 yrs on high-end service

Hanatour Service Inc., South Korea’s top travel agency, enjoyed its first quarterly profit in more than three years as it focused on high-end ...

PwC’s S.Korean member to focus on SE Asia acquisition deals

Samil PricewaterhouseCoopers, the South Korean member firm of global accounting industry leader PwC, aims to focus on overseas acquisition deals of ...

Korea's Kakao Pay to buy 51% of US financial firm Siebert

Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., announced on Thursday it has signed an a...

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...

BC Card, KTO to promote mobile payment for foreign tourists

The Korea Tourism Organization (KTO) has announced a new partnership with BC Card and the Korea Easy Payment Foundation to introduce a mobile paymen...

S.Korean gov’t to export domestic tax service system abroad

South Korea's National Tax Service (NTS) is looking to export its world-renowned electronic tax administration system after successfully implementin...

KT launches AI-enabled freight info service Brokarry 2.0

Lolab Co. Ltd., KT's digital logistics subsidiary, released its Brokarry 2.0 freight brokerage and transportation service, which incorporates artifi...

SK Telecom invests $11 mn in AI startup Scatter Lab

South Korea's SK Telecom Co. announced on Monday a strategic partnership with Scatter Lab, the creator of the AI agent "Luda Lee," following a 15 bi...

Samsung Life buys 20% of French asset manager Meridiam

Samsung Life Insurance, managing 223.1 trillion won ($167.5 billion) in assets, has acquired a 20% stake in Paris-based infrastructure investment fi...

CJ OliveNetworks opens S.Korea's first logistics center with 5G

South Korea's digital service company CJ OliveNetworks on Thursday said it set up the mobile communications network "Ieum 5G" exclusively for busine...

Nexon Games’ Blue Archive surpasses 1 million pre-registrants in China

South Korea’s Nexon Games Co. on Wednesday said the number of pre-registrants for its strategy role-playing game Blue Archive exceeded one mil...

S.Korea’s five major companies form data network alliance

South Korea's five major companies have joined forces to make a combined data product that consolidates their respective information, ranging from c...

LabGenomics, Amorepacific sign gene testing service supply deal

South Korea's molecular diagnostics company LabGenomics Co. announced on Monday that it has signed a gene testing service supply contract with Amore...

Samsung Elec launches foundry package turnkey service

Samsung Electronics Co., the world’s No. 2 foundry player, has begun package turnkey service for contract chip manufacturing as it aims to tak...

S.Korean GS, Daebo invest in domestic AI semiconductor firm

South Korea's Sapeon, artificial intelligence (AI) semiconductor subsidiary of SK Telecom Co., said on Wednesday that it has signed a memorandum of ...

S.Korea's online voting service company exports its techs to Kyrgyzstan

South Korea's online voting service company Kevoting announced on Wednesday that its mobile voting platform service was adopted for the local counci...

LG CNS, Microsoft to jointly develop new ChatGPT-based services

South Korea’s largest cloud computing service provider LG CNS Co. announced on Tuesday that it will strengthen its strategic partnership with ...

Korea's InnoGrid to collaborate with Hyosung for cloud business

InnoGrid Co., South Korea's cloud computing and digital transformation (DT) specialist, announced on Friday that it has signed an agreement with dat...