enterprise

Beauty & Cosmetics Korea launches $27 mn fund to invest in K-beauty startups

South Korea’s Ministry of SMEs and Startups on Thursday announced the launch of a 40 billion won ($27 million) fund to invest in Korean beauty...

Artificial intelligence Bespin Global, Upstage to co-work on AI platform

South Korea's cloud solution provider Bespin Global said on Monday it signed with Upstage, the domestic artificial intelligence (AI) startup, to bui...

Korean chipmakers Samsung to unveil 400-layer bonding vertical NAND for AI servers by 2026

Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil a 400-layer vertical NAND flash chip by 2026 to lead the fast-g...

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...

Tech, Media & Telecom SK Broadband to launch nationwide dedicated line service in S.Korea

South Korea's SK Broadband said on Thursday that it will establish a nationwide network using Internet Protocol-Multi Protocol Label Switching (IP-M...

Electronics LG Elec, Ricoh to team up for B2B DX business

LG Electronics Inc. said on Thursday that it signed a memorandum of understanding (MOU) with global office solutions company Ricoh to discover servi...

Korean chipmakers Samsung mass-produces QLC V9 NAND to lead AI storage market

Samsung Electronics Co., the world’s largest memory chipmaker, said on Thursday it has begun mass production of a 286-layer high-capacity NAND...

Tech, Media & Telecom Samsung expands AI horizon with B2B-specific SmartThings Pro

BERLIN – South Korean tech giant Samsung Electronics Co. is entering the AI-powered business-to-business connectivity platform market with its...

Logistics Hanjin to provide logistics services for S.Korean SMEs in Vietnam

South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, signed a memorandum of understanding (MOU) with the Small Enterprise and Mark...

Korean chipmakers Samsung to unveil industry’s highest-capacity eSSD in November

Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil the industry’s highest-capacity enterprise solid-state dr...

IPOs LG CNS gears up for 2025 IPO with $5.1 billion in enterprise value

LG CNS Co., the information technology service unit of South Korea’s LG Group, is gearing up for an initial public offering early next year, o...

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...

Artificial intelligence LG CNS gets AWS Generative AI Competency

LG CNS Co., a cloud computing services arm of South Korea's LG Corp., announced on Wednesday that it achieved the AWS Generative AI Competency from ...

Mergers & Acquisitions Rebellions-Sapeon Korea merger to challenge Nvidia’s AI chip dominance

Rebellions Inc., a South Korean artificial intelligence chip design startup, is merging with its crosstown rival Sapeon Korea Inc., an AI chip firm ...

IPOs Tencent-backed Shift Up seeks June IPO at $2.6 bn value

South Korean gaming firm Shift Up Corp. is eyeing an initial public offering on the main Kospi in June, with an enterprise value of 3.48 trillion wo...

Artificial intelligence SK Telecom to launch AI assistants for corporate clients

SK Telecom Co., South Korea’s top mobile carrier, plans to introduce customized services to connect major large language models (LLMs) and cor...

Korean chipmakers Samsung to unveil QLC-based NAND in H2 to lead AI storage market

Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil a new high-capacity NAND memory chip in the second half to lead...

Artificial intelligence SK C&C unveils enterprise-tailored sLLM

SK Inc C&C (SK C&C), the information technology service unit of South Korea’s SK Group, announced on Monday that it launched Solur LLM...

Artificial intelligence LG CNS hosts Startup Day in Silicon Valley

LG CNS Co., an information technology service company under South Korean conglomerate LG Group, announced on Thursday that it held the Startup Day i...

Automobiles STX to supply car CKD to Bangladeshi company

STX Corp., a South Korean general trading company, announced on Monday that it signed a memorandum of understanding (MOU) to supply the complete kno...

Korea business lobby group eyes tax reform in new parliament

The Korea Enterprises Federation will reinforce efforts to win lawmakers’ nod to its long-desired campaign to slash corporate taxes and inheri...

Electronics Samsung unveils Galaxy Tab Active5 enterprise version

Samsung Electronics Co. announced on Friday that its enterprise version of the tablet Galaxy Tab Active5 started to sell on business-to-business (...

IPOs DN Solutions seeks IPO at $3 bn enterprise value on Korea’s main bourse

DN Solutions Co., formerly Doosan Machine Tools Co., is seeking an initial public offering on South Korea’s main bourse, aiming to make a Kosp...

Blockchain SK C&C to build Hana Securities STO system

South Korea's SK C&C announced on Tuesday that it will supply its blockchain service platform ChainZ Security Token (ChainZ ST) to build the sys...

Tech, Media & Telecom Kakao Enterprise, Salesforce establish joint sales partnership

South Korea's Kakao Enterprise Corp. announced on Friday that it has formed a joint sales partnership with Salesforce Korea to support digital innov...

Retail NHN Commerce to collaborate with China's Shanhai Digital

NHN Commerce, South Korea's major online company NHN Corp.'s online shopping platform, announced its strategic business agreement with ShanHai Digit...

Korean SMEs S.Korea bets on 2nd Middle East boom for SMEs, startups

The Middle East is emerging as a key export market for South Korean small enterprises and startups desperate for global expansion to tide over the e...

Korean SMEs KBIZ holds SME export consultation meeting in Dubai

A large-scale business event was held in Dubai to support the expansion of Korean small- and medium-sized enterprises (SMEs) into the Middle East.Th...

Electronics LG Electronics blocks access to generative AI in company

LG Electronics Inc. has decided to block access to generative AI services through its intranet. Industry sources said on Friday, LG Electroni...

Earnings SK Telecom to further develop AI, its growth driver in Q1

SK Telecom Co. beat market expectations for its first-quarter earnings thanks to its robust non-telecom businesses and vowed to continue to bolster ...