Institute of Technology Innovation
Scope
Date
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Artificial intelligence
Naver D2SF invests in 3D avatar-based communication startup
Naver's startup-nurturing organization, D2 Startup Factory (D2SF), announced on Wednesday its investment in Goodgang Labs, a company focused on de...
Mar 16, 2023 (Gmt+09:00)
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Artificial intelligence
Wrtn Technologies joins latest AI fad, looking for prompt engineers
Wrtn Technologies Inc. has joined the latest generative artificial intelligence (AI) boom with its high-paying official job post for a prompt engine...
Mar 15, 2023 (Gmt+09:00)
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Robotics
Hyundai Elevator to compete in Indonesian smart city projects
Hyundai Elevator Co. said on Wednesday that it will join a South Korean government-led team to bid for smart city projects in Indonesia, where the c...
Mar 15, 2023 (Gmt+09:00)
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Batteries
LS Electric unveils innovative solutions at Korea, Japan energy exhibitions
LS Electric Co., Ltd., an industrial electric solutions company from South Korea, is set to showcase innovative solutions at smart energy exhibition...
Mar 15, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung chief Lee vows bold investment to bolster chip R&D capabilities
Samsung Electronics Co. Chairman Jay Y. Lee pledged another bold investment in the world’s largest memory chipmaker’s next-generation se...
Mar 14, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT launches open beta version of metaverse platform Genieverse
South Korea's KT Corp. announced on Monday the launch of an open beta version of its business-to-consumer (B2C) metaverse platform, "Genieverse."The...
Mar 13, 2023 (Gmt+09:00)
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Bio & Pharma
GC Biopharma's licensed flu vaccine gets approval in Taiwan
South Korea's pharmaceutical firm GC Biopharma Corp. announced on Monday that its quadrivalent flu vaccine has received marketing approval from the ...
Mar 13, 2023 (Gmt+09:00)
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Blockchain
BC Card applies for patent for offline asset authentication via NFT
South Korea's BC Card on Sunday said it applied for a domestic patent for a non-fungible token (NFT) that can verify a user's asset details using bl...
Mar 13, 2023 (Gmt+09:00)
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Mergers & Acquisitions
HYBE kicks off campaign to win over SM shareholders
Bang Si-hyuk, founder and chairman of the BTS label HYBE Co., has kicked off his campaign to gather support from institutional investors to take con...
Mar 09, 2023 (Gmt+09:00)
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Bio & Pharma
GC Biopharma to develop mRNA flu vaccine with Canadian pharma
South Korea's GC Biopharma Corp. announced on Thursday that it will start developing a flu vaccine based on messenger ribonucleic acid (mRNA).The dr...
Mar 09, 2023 (Gmt+09:00)
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Korean startups
Korea's StoneBridge Ventures invests $91 mn in semiconductor, AI
South Korean venture capital investment firm StoneBridge Ventures Inc. announced on Thursday that it has invested a total of 120 billion won ($90.9 ...
Mar 09, 2023 (Gmt+09:00)
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Advertising & Marketing
Korea's Innocean wins eight awards at Spikes Asia advertising festival
South Korea-based global marketing communications company Innocean said on Thursday that it received eight awards at the 2023 Spikes Asia, a prestig...
Mar 09, 2023 (Gmt+09:00)
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Korean startups
Korea's AI startup Quantit attracts $23 mn Series A investment
South Korea's artificial intelligence (AI) company Vaiv Company Inc. announced on Tuesday that Quantit, its fintech subsidiary, has received a 30 bi...
Mar 08, 2023 (Gmt+09:00)
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Food & Beverage
Dongsuh Foods applies green certification package to products
South Korea's food processing company Dongsuh Foods Corporation announced on Monday the launch of new green technology-certified packaging.This gree...
Mar 06, 2023 (Gmt+09:00)
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Companies
CJ CheilJedang opens internal venture development space Inno Play
South Korea's food and bio giant CJ CheilJedang Corp. on Sunday said it opened Inno Play, an office space for commercializing innovative ideas and d...
Mar 06, 2023 (Gmt+09:00)
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Bio & Pharma
Korea's ST Pharm completes new R&D hub for gene therapy
ST Pharm Co., a South Korean drug raw material-producing subsidiary of Dong-A Socio Holdings, said on Friday that it has finished building an R&...
Mar 03, 2023 (Gmt+09:00)
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Retail
Musinsa selected as one of Asia's most innovative companies
Musinsa, a fashion e-commerce platform based in South Korea, on Friday was named one of this year's "Top-10 Most Innovative Companies in Asia-Pacifi...
Mar 03, 2023 (Gmt+09:00)
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Bio & Pharma
Cha Biotech sells eye-cell technology to Japan's Astellas for $32 mn
Cha Biotech, a South Korean biotechnology company, said on Thursday that it agreed to sell its technology for developing eye-cell therapies to Astel...
Mar 03, 2023 (Gmt+09:00)
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Energy
SK Materials makes equity investment in ION for CO2 capture partnership
SK Materials Co., an industrial gas manufacturing affiliate of South Korea’s SK Inc., has made an equity investment in ION Clean Energy Inc., ...
Mar 02, 2023 (Gmt+09:00)
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Electric vehicles
S.Korean EV charger maker lands $770 mn export deal in North America
South Korea's Moderntec, an electric vehicle (EV) charging solutions company, on Wednesday said it signed a three-year export contract with a partne...
Mar 02, 2023 (Gmt+09:00)
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Bio & Pharma
CJ CheilJedang invests in Australian bio startup
South Korea's food and bio company CJ CheilJedang Corp. on Wednesday said it will invest in the Australian bio startup Provectus Algae.The former se...
Mar 02, 2023 (Gmt+09:00)
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Companies
Hanwha Techwin changes name to Hanwha Vision
South Korea’s Hanwha Techwin on Wednesday changed its name to Hanwha Vision and unveiled its new corporate image. On the reason for the n...
Mar 02, 2023 (Gmt+09:00)
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Batteries
SK IE Technology mulls adding LiBS factory in US, says SKIET president
SK IE Technology Co. (SKIET), a global top lithium-ion battery separator (LiBS) player under South Korea’s energy and battery maker SK Innovat...
Feb 28, 2023 (Gmt+09:00)
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ESG
Kakao Impact, KAIST team up for social change through technology
Kakao Impact, a corporate foundation of Kakao Corp., South Korea’s top mobile platform company, said on Tuesday it has agreed to work with the...
Feb 28, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion teams up with bio venture to develop new anti-cancer drug
South Korea's biopharmaceutical company Celltrion Inc. will develop an anti-cancer drug that combines oncolytic virus technology with biosimilars un...
Feb 28, 2023 (Gmt+09:00)
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Korean startups
FADU joins ranks of unicorns as S.Korea’s first fabless chip firm
FADU Technology has become South Korea’s first fabless semiconductor unicorn after successfully raising funds from share sales before its init...
Feb 28, 2023 (Gmt+09:00)
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Korean startups
Korea SMEs, Startups Agency cooperates with India's IIT
The Korea SMEs and Startups Agency announced on Monday that it had signed a business agreement with the Foundation for Innovation and Technology Tra...
Feb 28, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea’s SK Telecom to advance AI tech through partnerships
BARCELONA -- SK Telecom Co. plans to develop world-class artificial intelligence technology through partnerships with companies of Korean descent at...
Feb 27, 2023 (Gmt+09:00)
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Artificial intelligence
Hyundai Elevator cuts breakdowns with AI prediction technology
South Korea’s No. 1 elevator maker Hyundai Elevator Co. said on Monday it had reduced the number of stoppages and breakdowns of its elevators ...
Feb 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea’s LG Uplus, Dell to develop open RAN platform tech
South Korea’s third-largest mobile carrier LG Uplus Corp. and global IT giant Dell Technologies are set to jointly develop an open radio acces...
Feb 26, 2023 (Gmt+09:00)