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Tech, Media & Telecom Microsoft's quantum computing bet sparks controversy, again

In 2021, Microsoft Corp. faced significant scientific embarrassment when a landmark research paper it had sponsored was retracted.Published in the U...

Korean games Nexon becomes 1st Korean game publisher with over 4 trillion won in sales

Nexon Co., the parent of Nexon Games Co., became the first Korean game developer to achieve the 4 trillion won ($2.8 billion) sales milestone in 202...

Tech, Media & Telecom Microsoft CEO Nadella seeks AI alliance with Hyundai, POSCO, Shinhan, KT

Microsoft Corp. Chairman and Chief Executive Satya Nadella is seeking to forge an artificial intelligence alliance with major South Korean companies...

Korean Innovators at CES 2025 LG Electronics, Microsoft sign strategic partnership on AI agents

LAS VEGAS – South Korea’s top home appliance maker LG Electronics Inc. has signed a strategic partnership with US tech giant Micros...

Cloud computing CJ OliveNetworks to expand cloud management biz

South Korea's CJ OliveNetworks said on Wednesday it will expand its managed service provider (MSP) in the cloud industry, utilizing Naver Cloud and ...

Tech, Media & Telecom Team Naver unveils digital twin platform in Saudi Arabia

Naver Cloud, the cloud subsidiary of South Korean online giant Naver Corp., said on Friday that Team Naver participated in the Cityscape Global 2024...

Logistics Samsung SDS, Korea Air Force to cooperate on military logistics

South Korea's Samsung SDS Co. said on Tuesday it signed an agreement with the Korea Air Force Headquarters to cooperate on the digital transformatio...

Cloud computing Samsung SDS, Ansys Korea to collaborate on cloud solutions

South Korea's Samsung SDS Co. said on Tuesday it signed a memorandum of understanding (MOU) with Ansys Korea to strengthen its cloud business.Ansys ...

Artificial intelligence Naver Cloud launches AI meeting minutes service

Naver Cloud, the cloud subsidiary of South Korean online giant Naver Corp., said on Friday the launch of Naver Works Clova Note, an AI-based enterpr...

Korean startups South Korea’s next AI unicorns stand out at KPAS 2024

South Korea’s major telecom company KT Corp. and the country’s leading financial newspaper The Korea Economic Daily have teamed up to sc...

Artificial intelligence Microsoft, KT to invest $1.8 bn in Korea’s AI, infrastructure

Microsoft Corp. and KT Corp. plan to invest 2.4 trillion won ($1.8 billion) in South Korea’s artificial intelligence, cloud and infrastructure...

Artificial intelligence LG CNS gets Google Cloud GenAI certification

South Korea's LG CNS said on Thursday that it obtained Google Cloud's Generative AI (GenAI)Service Specialization certification.It's the first Asian...

Travel & Leisure Yanolja Cloud Solution relocates headquarters to India

South Korea’s top travel and accommodation booking platform operator Yanolja Co. said on Tuesday that it relocated its global solution subsidi...

Artificial intelligence SK Telecom to host SK AI Summit in Seoul

South Korea's SK Telecom Co. said on Monday that it will host the SK AI Summit 2024 on November 4-5 at COEX in Seoul, expanding the annual event int...

Artificial intelligence Microsoft, KT join forces to propel Korea’s AI innovation

Microsoft Corp. and KT Corp., one of South Korea's top three telecom companies, will drive artificial intelligence transformation in the Korean firm...

Artificial intelligence Naver to set up Middle Eastern headquarters in Saudi Arabia

Naver Corp., which has been actively seeking to unlock opportunities in the Middle East with its new growth engines artificial intelligence, cloud a...

Automobiles Kia, 42dot, Geotab to team up for PBV management system

Kia Corp. said on Friday it signed a memorandum of understanding (MOU) with 42dot and Geotab to develop a management system for purpose-built vehi...

Artificial intelligence Naver joins hands with Saudi Arabia to develop Arabic LLM

Naver Corp., South Korea’s largest online platform, has signed a memorandum of understanding with the Saudi Data & AI Authority (SDAIA) to...

Artificial intelligence Samsung SDS AI service FabriX to launch on Microsoft Azure platform

Samsung SDS Co., the information technology service unit of Samsung Group, said on Tuesday it plans to launch its AI service FabriX on Microsoft Cor...

Corporate strategy LG to seek most of profit from new growth engines

LG Electronics Inc., the leading global home appliance maker, aims to generate most of its profit from future growth drivers by 2030 as the South Ko...

Artificial intelligence Naver Cloud takes the lead in Korea’s public AI business

South Korean online giant Naver Corp.'s cloud subsidiary is expanding its presence in the country’s public artificial intelligence market by w...

Corporate restructuring Yanolja to restructure affiliates to boost profit before Nasdaq IPO

South Korea’s top travel and accommodation booking platform operator Yanolja Co. is seeking to streamline and restructure its affiliates to bo...

Earnings SK Telecom logs higher quarterly profit on AI, lower costs

SK Telecom Co., South Korea’s top mobile carrier, reported a higher quarterly profit as its cost-cutting and strong artificial intelligence (A...

Korean chipmakers Will Samsung benefit from Nvidia’s new AI chip delays?

Samsung Electronics Co., the world’s top memory chipmaker, is expected to benefit from Nvidia Corp.’s delays in shipping AI chips, as gl...

Korean startups Kakao supports startups with cloud services

Kakao Enterprise, an AI-based cloud solutions service subsidiary of South Korea's Kakao Corp., announced on Thursday that it started the Rocket La...

Cloud computing AhnLab launches integrated cloud service corporation

South Korea's AhnLab Inc. announced on Monday that it launched an integrated corporation named AhnLabCloudMate to oversee its cloud operation and ...

Artificial intelligence Upstage, Amazon to cooperate on AI solutions

Upstage, South Korea’s artificial intelligence startup, announced on Thursday that it signed a multi-year strategic collaboration agreement (S...

Banking & Finance Mirae Asset's US dividend premium fund surpasses $72 mn in net assets

South Korea's Mirae Asset Global Investments Co. announced on Tuesday that the net assets of its Mirae Asset US Dividend Premium Fund, which invests...

Tech, Media & Telecom LG Uplus to unveil quantum proof solution Alphakey

South Korea's LG Uplus Corp. announced on Monday that it will unveil its new integrated account management solution for cloud services Alphakey at Q...

IPOs Kosdaq cancels IPO approval for cloud developer InnoGrid

The Kosdaq market under the Korea Exchange said on Wednesday it has canceled its preliminary approval for InnoGrid Co.’s initial public offeri...