SK Telecom commercial feature AI human to promote content platform

SK Telecom commercial feature AI human to promote content platform

South Korea’s major telecom company SK Telecom Co. has adopted a virtual human to feature in one of its commercial ads for the first time in t...

Direct lending, middle market offer resilience: NYLIM 

Direct lending, middle market offer resilience: NYLIM 

There is no doubt that headwinds to economic and market growth are picking up. Globally, supply chain and energy disruptions have contributed to hig...

Samsung Elec. showcases virtual playground on Roblox

Samsung Elec. showcases virtual playground on Roblox

Samsung Electronics Co. unveiled a virtual playground within Roblox, the world’s top metaverse game platform with 54 million users a day, as t...

Blackpink to hold K-pop’s first in-game concert on PUBG mobile game

Blackpink to hold K-pop’s first in-game concert on PUBG mobile game

Blackpink, the female K-pop idol group, will hold an in-game concert, the first such event by Korean pop artists, in collaboration with Krafton Inc....

DeepBrain AI to bring back deceased loved ones – virtually 

DeepBrain AI to bring back deceased loved ones – virtually 

Perhaps we will soon not be remembering our loved ones only through photos.Imagine a virtual rendition of the deceased speaking at his or her memori...

Mirae Asset Securities develops world's first virtual trading system

Mirae Asset Securities develops world's first virtual trading system

Mirae Asset Securities Co. announced Thursday it has developed the prototype for the world’s first virtual trading system (VTS,) which allows ...

LG CNS launches virtual factory and lab business

LG CNS launches virtual factory and lab business

LG CNS announced Thursday it will launch a new business of developing virtual factories and labs as part of its broader digital transformation offer...

Virtual humans expand territory in real world

Virtual humans expand territory in real world

Virtual humans are taking an active part in the real world, expanding their influence in various sectors such as advertising, music, commerce and ed...

VA Corp. to build Asia’s largest virtual studio with LG’s LED displays

VA Corp. to build Asia’s largest virtual studio with LG’s LED displays

VA Corp. (VAC), a South Korean visual effects production startup, is building Asia’s largest virtual studio complex equipped with super-large ...

LG Uplus eyes metaverse niches for office workers, kids

LG Uplus eyes metaverse niches for office workers, kids

South Korea’s LG Uplus Corp. will target specific groups of customers such as office workers and preschoolers for its metaverse platforms, set...

Korean ad agencies vying for bigger slice of virtual space

Korean ad agencies vying for bigger slice of virtual space

South Korean advertisement agencies, led by Innocean Worldwide Inc. and Cheil Worldwide Inc., are stepping up efforts to acquire digital technology ...

AI humans take quantum leap in Korean entertainment and media

AI humans take quantum leap in Korean entertainment and media

At first glance, ETERN!TY is similar to other K-pop bands – dancing to upbeat music and the female members donning pink tennis outfits. W...

Korean AI startups blaze trails in overseas markets

Korean AI startups blaze trails in overseas markets

Artificial intelligence-powered image analysis company Alchera Inc. is working with PG&E (The Pacific Gas and Electric Company (PG&E) in t...

AmazeVR receives $15 mn from Korean VCs

AmazeVR receives $15 mn from Korean VCs

AmazeVR Inc. received a total of $15 million from leading South Korean venture capital firms. The virtual reality platform allows users to experie...

Hyundai looks beyond cars to link real, virtual worlds in metamobility

Hyundai looks beyond cars to link real, virtual worlds in metamobility

LAS VEGAS – Hyundai Motor Co. has unveiled its grand ambitions to pioneer the use of robotics in both the real world and the virtual sphere, c...

Naver Webtoon to acquire Korea’s virtual human maker

Naver Webtoon to acquire Korea’s virtual human maker

Naver Webtoon Ltd., the digital comics platform of South Korea’s online portal giant Naver Corp., is set to acquire the management rights of d...

Proptech platform Olim Planet eyes 2022 Kosdaq IPO

Proptech platform Olim Planet eyes 2022 Kosdaq IPO

Olim Planet, a South Korean property technology startup, has begun the process to go public on the junior Kosdaq market as early as the second half ...

Hyundai Motor develops Roblox virtual mobility experience game

Hyundai Motor develops Roblox virtual mobility experience game

South Korea’s top automaker Hyundai Motor Co. has developed an interactive metaverse game to be played on its online entertainment platform Ro...

Kakao Group’s past, present and future as conglomerate

Kakao Group’s past, present and future as conglomerate

Kakao Corp., which a decade ago was merely a mobile messenger operator, has now grown into one of the largest business groups in South Korea. The in...

New FSC chief nominee tough on household debt, against cryptocurrencies

New FSC chief nominee tough on household debt, against cryptocurrencies

South Korea’s incoming financial regulatory chief says his policy priority is on limiting economic and financial risks stemming from higher ho...

Growing pains: Korea’s smaller crypto exchanges face shutdown

Growing pains: Korea’s smaller crypto exchanges face shutdown

In mid-July, a small obscure South Korean cryptocurrency exchange posted a notice on its website at midnight, saying it is suspending trading of 57 ...

AI startup DevUnlimit gamifies home fitness to offer stress-free exercise

AI startup DevUnlimit gamifies home fitness to offer stress-free exercise

South Korea-based fitness content startup DevUnlimit Inc. has developed an artificial intelligence-based fitness platform that gamifies exercise rou...

CJ ENM to build virtual studio with Samsung’s new commercial displays

CJ ENM to build virtual studio with Samsung’s new commercial displays

South Korean media company CJ ENM Co. is using Samsung Electronics Co.’s new commercial displays for a virtual production studio to spearhead ...

Kakao’s Ground X to work on Korea central bank digital currency initiative

Kakao’s Ground X to work on Korea central bank digital currency initiative

Kakao Corp.’s blockchain arm Ground X was selected as a simulator for the Bank of Korea-led central bank digital currency (CBDC) project, beat...

Hyundai Motor to adopt digital twin in latest move of virtual technology use

Hyundai Motor to adopt digital twin in latest move of virtual technology use

Hyundai Motor Group plans to adopt digital twin technology, which allows the automaker to make a digital replica of a real car for simulation not ...

Morai's virtual testing solution reduces testing period for self-driving cars

Morai's virtual testing solution reduces testing period for self-driving cars

A self-driving car needs to pass all sorts of tests before setting off for the open road. It needs to experience different types of roads, terrain f...

Metaverse makes digital nomads the new norm

Metaverse makes digital nomads the new norm

It’s been about four months since Lee Seul, a manager at real estate app Zigbang, worked from the company office in Gangnam, one of South Kore...

Naver invests €115 mn in Spain’s virtual marketplace Wallapop

Naver invests €115 mn in Spain’s virtual marketplace Wallapop

Naver Corp., South Korea’s top online portal, has invested €115 million in Wallapop, a Spanish virtual marketplace, as part of its effort...

Virtual influencers emerge as brand ambassadors

Virtual influencers emerge as brand ambassadors

One of the highlights from last month’s CES 2021 was Reah Keem, a virtual influencer who appeared during LG Electronics' virtual press confere...

Virtual influencers emerge as brand ambassadors

Virtual influencers emerge as brand ambassadors

One of the highlights from last month’s CES 2021 was Reah Keem, a virtual influencer who appeared during LG Electronics' virtual press confere...

South Korea bets on AI, power, financials to carry Kospi toward 5,000 in 2026 Hana Financial to expand US presence with $100 mn injection into US banking arm Korea presidential office convenes FX meeting with top exporters as it eases FX rules South Korean biotech firms poised for gains from US BIOSECURE Act Hanwha picks H&Q as preferred buyer of Five Guys' Korean business