T-50 series
Scope
Date
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Electric vehicles
Samsung competes with Apple on rising non-terrestrial network market
The global market for non-terrestrial networks (NTN), or communications systems that use satellites to text and make phone calls even in places wher...
Apr 18, 2023 (Gmt+09:00)
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Construction
Hyundai E&C, Samsung C&T to jointly establish construction robot ecosystem
Hyundai Engineering & Construction and Samsung C&T Corp.'s construction unit andannounced on Tuesday that they have signed a strategic bus...
Apr 11, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung prepares for DRAM upturn with bold investment even after chip output cut
Samsung Electronics Co. has joined its peers in cutting memory chip production on its chip division’s anticipated first loss in more than a de...
Apr 09, 2023 (Gmt+09:00)
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Bio & Pharma
Verismo's CAR-T therapy designated fast-track status by FDA
Verismo Therapeutics, a US affiliate of South Korean pharmaceutical firm HLB Co., has received fast-track designation from the US Food and Drug Admi...
Apr 07, 2023 (Gmt+09:00)
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Korean stock market
South Korea's Kosdaq Global Index set to add more stocks
Financial investment sources on Wednesday said Korea Exchange on March 31 conducted a regular review on listing more companies on the Kosdaq Global ...
Apr 06, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea's S-1 releases facial recognition reader 2.0
South Korea's system securities provider S-1 Corp. has launched a new solution that reduces the facial recognition time by 40% compared to previous ...
Apr 03, 2023 (Gmt+09:00)
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Korean startups
KB Financial launches $193 million fund to invest in global startups
South Korea’s second-largest financial institution KB Financial Group will launch a 250 billion won ($193 million) fund to invest in startups ...
Mar 31, 2023 (Gmt+09:00)
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Carbon neutrality
Samsung C&T, Japan’s Chiyoda collaborate in green hydrogen
South Korea’s Samsung C&T Corp. is boosting its eco-friendly energy business such as in green hydrogen, a carbon-neutral alternative resou...
Mar 31, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung unveils Exynos Modem 5300 to rival Qualcomm, MediaTek
South Korean tech giant Samsung Electronics Co. has unveiled its latest 5G telecommunications modem, the Exynos Modem 5300, to compete with rivals s...
Mar 28, 2023 (Gmt+09:00)
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Fiber & Textile
Cowell Fashion acquires Superdry’s Asia-Pacific IP rights for $50 mn
South Korea's innerwear company Cowell Fashion Co. has acquired the Asian rights to the British fashion brand Superdry for $50 million and plans to ...
Mar 24, 2023 (Gmt+09:00)
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Korean startups
AI tech firm Interminds to attract up to $12 mn in Series C
South Korean startup Interminds Co., an AI developer of unmanned convenience store operations, aims to attract 10 billion won to 15 billion won ($7....
Mar 23, 2023 (Gmt+09:00)
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Batteries
SK On, EcoPro, China’s GEM to jointly build precursor factory
South Korea’s electric vehicle (EV) battery major SK On Co. will build a precursor plant at home with a Korean partner, EcoPro Co., and China'...
Mar 23, 2023 (Gmt+09:00)
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Korean startups
S.Korean fashion platform Ably attracts $39 mn before Series C round
South Korea’s Ably Corp., operator of the fashion shopping app Ably, has attracted 50 billion won ($39 million) via venture debt amid the slow...
Mar 23, 2023 (Gmt+09:00)
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Future mobility
SK Innovation invests an extra $50 million in US clean energy firm Amogy
South Korea’s SK Innovation Co. has newly invested $50 million in Amogy Inc., a US ammonia-based power system developer, to expand its green b...
Mar 23, 2023 (Gmt+09:00)
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Electric vehicles
EV fast-charging company Crocus succeeds in $5 mn Series B funding
Crocus Inc., a South Korean startup focused on energy infrastructure and leveraging artificial intelligence (AI), announced on Wednesday that it rai...
Mar 23, 2023 (Gmt+09:00)
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Electronics
Samsung sets ambitious sales target for home appliances
Samsung Electronics Co. has beefed up its lineup of premium Bespoke home appliances with improved energy efficiency, artificial intelligence-enabled...
Mar 22, 2023 (Gmt+09:00)
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Korean food
Korea's Kooksoondang sees its makgeolli exports surpass $10 mn mark
Kooksoondang Co., a South Korean brewery that produces traditional rice-based wines, announced on Tuesday that its exports reached an all-time high ...
Mar 21, 2023 (Gmt+09:00)
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Aerospace & Defense
Korean aircraft maker KAI earmarks $3.4 bn in R&D investment by 2032
Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, is set to pour 4.5 trillion won ($3.4 billion) into ...
Mar 17, 2023 (Gmt+09:00)
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Fintech
TravelWallet succeeds in attracting $15 mn Series C funding
South Korea's TravelWallet, a global payment service provider, announced on Wednesday that it has raised 19.7 billion won ($15 million) in Series C ...
Mar 16, 2023 (Gmt+09:00)
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Machinery
HD Hyundai units to showcase unmanned equipment at US expo
Hyundai Construction Equipment Co. and Hyundai Doosan Infracore Co., construction machinery subsidiaries of HD Hyundai Co., said on Friday they woul...
Mar 10, 2023 (Gmt+09:00)
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Venture capital
SK Networks invests $22 mn in US AI-based device company
South Korea's SK Networks has identified a startup specializing in AI-based devices and software platforms as a new investment target. The startup, ...
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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Tech, Media & Telecom
Global smartphone shipments to edge lower in 2023: IDC
Global smartphone shipments will decline 1.1% this year to 1.2 billion units, down from the previous 2.8% growth forecast due to weak demand and m...
Mar 06, 2023 (Gmt+09:00)
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Batteries
Samsung SDI, GM to build $3.8 bn EV battery plant in US
Samsung SDI Co., the world’s No. 6 electric vehicle battery maker, is set to build a plant in the US with General Motors Co., spending about 5...
Mar 03, 2023 (Gmt+09:00)
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Korean startups
Carmerce raises $2.3 mn in Series A led by Hankook Tire
South Korea's used car e-commerce platform Carmerce has raised 3 billion won ($2.3 million) in a Series A funding round led by Hankook Tire & ...
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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Construction
S.Korea's Samsung C&T wins 2023 Asia Design Prize
On Monday, Samsung C&T Corp.'s construction division announced that Dongrae Raemian iPark in Busan, South Korea, a project in which it participa...
Feb 21, 2023 (Gmt+09:00)
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Electronics
Samsung launches Galaxy S23 series in 55 markets worldwide
Samsung Electronics Co. announced on Friday the release of its latest flagship smartphone, the Galaxy S23 series, in 55 markets around the world, in...
Feb 17, 2023 (Gmt+09:00)
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Korean stock market
Samsung C&T to cancel $2.3 bn worth of treasury shares, stocks up
Samsung C&T Corp.’s share price zoomed on Thursday on news that the company will cancel its entire treasury stock holdings worth about 2.9...
Feb 16, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI expects 2023 sales to grow by a third, driven by fighter jets
Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, said on Wednesday it aims to achieve 3.83 trillion w...
Feb 15, 2023 (Gmt+09:00)