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Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
S. Korea requests Chinese e-commerce giants comply with personal data protection law
Top military officer meets new U.S. Pacific Fleet commander
Park Chan-wook adds comedy to his version of 'The Sympathizer’
Popular foreign acts make return trips this summer
Hong Se-hwa, author of 'I'm a Taxi Driver in Paris,' dies at 77
Korean art gets spotlight at Venice Biennale 2024
Yoon's approval rating sinks to all-time low following election loss
Police uncover illegal gambling website made by teens, for teens
SK hynix chief underscores chip cooperation between Korea, US
Climate impacts set to cut 2050 global GDP by nearly a fifth
Seoul Business Agency CEO says SNS marketing essential for SME
Samsung C&T president makes her first business trip to Milan
Seoul shares spike nearly 2% on bargain hunting; won sharply up
[Today’s K-pop] Zico drops snippet of collaboration with Jennie
Trilateral talks acknowledge ‘serious’ slumps of won, yen
Korean dialects exhibition to mark National Hangeul Museum’s 10th anniversary
Civic groups call on govt. to end crackdown on illegal immigration
CJ Olive Young offers real-time translators for foreign visitors
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Samsung-backed Rainbow Robotics to co-develop firefighting robots
Aug 7, 2023
South Korean humanoid robotics company Rainbow Robotics said Monday it is joining a 17.4 billion won ($13.36 million) state-run project to develop robots specialized for firefighting. Overseen by the Korea Institute of Robot and Convergence, affiliated with the Ministry of Trade, Industry and Energy, the project aims to create two advanced firefighter robots by 2028. One robot is designed to navigate disaster zones, with the ability to swiftly and precisely locate human presence. The other is ex
[KH Explains] Competition heats up in foldable phones
Aug 6, 2023
Global foldable phone shipments to exceed 100m in 2027 with Chinese vendors, Apple's possible entry in 2025
Naver marks record operating earning in Q2, net profit jumps 80%
Aug 4, 2023
Naver to launch hyperscale AI service HyperClova X on Aug. 24
LG sets up $100m global startup investment fund with Clearbrook
Aug 3, 2023
LG Electronics said Thursday it has forged a strategic alliance with Clearbrook, a global investment advisory and asset management, to collaborate on a venture capital fund targeting more than $100 million. The venture capital fund, dubbed Nova Prime Fund, is aimed at fostering companies advancing innovations to build a better future, and will be investing in those participating in the Mission for the Future Program sponsored by LG Electronics' North America Center for Innovation, LG said.
Kakao plans new cost-efficient AI
Aug 3, 2023
Kakao, the operator of South Korea’s No. 1 messenger app KakaoTalk, said Thursday that it plans to introduce a new artificial intelligence foundation model to balance performance and cost efficiency, as well as services integrated to the model after October this year. Kakao CEO Hong Eun-taek said at the company’s earnings conference that he believes that a sole hyperscale model would not be suitable for providing every service under the most optimized conditions. “Many AI model
SK Inc. C&C to build Korea’s 1st alternative trading system
Aug 2, 2023
SK Inc. C&C, the IT solutions unit of SK Group, said Wednesday that it will build South Korea’s first alternative trading system, scheduled to launch in the latter half of next year. The IT service provider will construct a comprehensive operation and management system to support the trading, brokerage, solicitation and agency services for listed securities and depositary receipts that Nextrade will carry out with its official authorization in the following year. Nextrade is an alter
[KH explains] Japan’s reviving chip industry unlikely to pose direct threat to Korea – for now
Aug 1, 2023
Korea urged to focus on advancing logic chip production, fostering chip talent
Naver Pay eyes Chinese debut this year
Aug 1, 2023
Naver Financial, a financial platform owned by South Korean internet giant Naver, said Tuesday it aims to introduce a mobile payment system to be used at stores in China, allowing the company to provide a better shopping experience mainly for Koreans traveling there. The company has recently signed partnership agreements with Alipay Plus and China UnionPay, two of China’s top three mobile payment services that also include WeChat Pay, as it aims to launch its popular mobile payment servi
[KH Explains] Users abandoning Meta's Threads after explosive start in South Korea
Jul 31, 2023
No. of active users nosedives more than 60% in Korea in two weeks; experts say Threads' fate depends on 'own identity'
SK highlights groupwide outreach in 2023 report
Jul 31, 2023
SK Inc., the strategic investment holding company of South Korea’s second-largest conglomerate SK Group, published its annual environmental, social and governance reports Monday, including details of the company’s business management and climate-related finance plans. The company said it has released three such reports: the sustainability report carrying the company’s ESG management strategy; the Task Force on Climate-Related Financial Disclosure with the company’s climat
LG CNS launches alliance to promote enterprise agility
Jul 31, 2023
South Korean IT solutions provider LG CNS said Monday it has formed a trilateral alliance with US-based Scaled Agile and Seoul-based cloud and agile service provider Open Source Consulting to strengthen its business in building and improving cloud-optimized applications. The three firms signed a memorandum of understanding to make joint efforts to explore and foster business opportunities for application modernization based on the Scaled Agile Framework, an enterprise agility framework provided
[Beyond Earth] Contec leads Korea's space foray
Jul 30, 2023
Established in 2015, startup sets up 12 ground stations globally to offer end-to-end services for satellite operators
Samsung calls 2023 milestone year for global foldable phone market
Jul 28, 2023
Mobile chief sets shipment target of over 10m for Galaxy Z Flip5, Z Fold5
SK Telecom-led global AI alliance launched
Jul 27, 2023
Led by South Korea’s SK Telecom, a new global alliance has been formed as four major telecommunications firms from South Korea, Germany, the United Arab Emirates and Singapore join hands to expand cooperation in the artificial intelligence business. The nation’s No. 1 telecom company in terms of subscriptions said Thursday that it hosted the Global Telco AI Alliance CEO Summit, a hybrid event held both online and offline, in Seoul and gathered key executives of Deutsche Telekom, e&am
LG upbeat about automotive biz
Jul 27, 2023
LG Electronics, a leading home appliance supplier, said Thursday it has achieved the highest second-quarter revenue in company history at 19.9 trillion won ($15.6 billion), overcoming the sluggish demand situation the world’s consumer appliance market is experiencing. Backed with overall growth in its business portfolios, especially automotive parts and electric vehicles, LG said it will expand investment and build new manufacturing facilities overseas. In a regulatory filing, the tech gia
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1 in 3 Koreans live alone, family types becoming diverse
Korea, Japan finance chiefs vow to tame rampant FX market volatility
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US 'incredibly concerned' about suspected NK-Iran military ties
K-pop group's manager dismissed for setting up spycam in theater dressing room
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K-pop singer lost consciousness after being hit by foul ball, cancels show
Korean Muslim YouTuber's plan to build mosque in Incheon goes viral
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[Kim Seong-kon] Democracy and the future of South Korea
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Yoon's office denies considering liberal figures for key posts
Seoul says Fu Bao loan 'not going to happen'
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