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Korean chipmakers SK Hynix bets on 3D HBM as next game-changer in AI chip race

SK Hynix Inc., the world’s top DRAM memory chipmaker, aims to redefine the competitive landscape in artificial intelligence memory chips with ...

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...

Logistics CJ Logistics transports KAI’s T-50TH to Thailand

South Korea's CJ Logistics transported two T-50TH fighter jets, manufactured by Korea Aerospace Industries Ltd. (KAI), to Thailand, the company sa...

AgTech Nongshim to build smart farm in Saudi Arabia

South Korea's food and beverage giant Nongshim Co. announced on Tuesday that it was selected as a participant in the Smart Farm Export Promotion Pro...

Real estate Seoul aims to turn Yongsan IBD into world’s largest 'vertical' city

The Seoul Metropolitan Government plans to turn an abandoned train maintenance depot in the central district of Yongsan into the world’s large...

Webtoons Korean digital comics boost Naver Webtoon’s biz in Japan

Naver Webtoon Ltd., the world’s top digital comics provider, enjoyed robust business in Japan with a record gross merchandise value (GMV) this...

Webtoons S.Korean webcomics inspire foreign screen adaptations

South Korea’s digital comics are reaching beyond borders with a boom of their adaptations into foreign movies and TV series thanks to glo...

Tech, Media & Telecom KT Submarine to rename itself LS Marine Solution

South Korea’s undersea cable company KT Submarine Co. will change its name to LS Marine Solution following its integration into the LS Group. ...

Future mobility Hanwha Aerospace partners with UK's Vertical Aerospace for UAM

South Korea's Hanwha Aerospace Co. announced on Tuesday that it has signed a memorandum of agreement (MOA) with Vertical Aerospace (VA), a UK compan...

Future mobility Lotte Data Communication, Lotte E&C, UK Skyports tie up for VTOL

Lotte Data Communication Co. announced on Friday that it has signed a business agreement with Lotte Engineering & Construction and UK-based urba...

Artificial intelligence Kakao will launch Korean-specific vertical AI in year's first half

Kakao Corp., South Korea’s platform giant operating the country’s No. 1 chat app KakaoTalk, by the first half of the year will launch an...

Batteries EcoPro taps mines in the Americas to secure cathode materials: EcoPro CEO

EcoPro Group, South Korea’s leading battery materials producer, is mulling investments in mines in the Americas to source cathode materials, a...

Artificial intelligence Kakao to unveil Korean language-specific, vertical AI

Kakao Corp., South Korea’s No. 1 mobile messenger platform, will launch Korean language-specific, vertically-integrated AI service this year s...

Aerospace & Defense KAI signs agreement with Northrop Grumman to develop UAVs

Korea Aerospace Industries Ltd. (KAI) said on Thursday that it signed a memorandum of agreement (MOA) in relation to "technical cooperation on verti...

Artificial intelligence Korean startup Mathpresso completes $59 mn Series C investment

Mathpresso, the company that operates the artificial intelligence (AI)-based learning platform Qanda, said on Tuesday that it has completed Series C...

Korean startups Despite liquidity crunch, 5 verticals rake in venture capital investment

The global venture capital ecosystem has been contracting since the second quarter of last year, hit by rising inflation and rate hikes. New ...

Aerospace & Defense Hanwha to supply actuators for Vertical Aerospace's UAM business

Hanwha Aerospace Co., South Korea’s leading aircraft engine maker, is accelerating the expansion of its urban air mobility (UAM) business.&nbs...

Mergers & Acquisitions POSCO Int'l tipped to merge with affiliated LNG terminal firm

POSCO International Co., a South Korean trading company, has embarked on a merger with its affiliate POSCO Energy Co. as their parent group is seeki...

Future mobility LG’s telecommunication unit joins UAM race in Korea

LG Group’s telecommunication unit joined the race for South Korea’s urban air mobility (UAM) to secure a future growth engine in coopera...

Entertainment Kakao Entertainment sets up content ecosystem with M&As

Kakao Entertainment Corp., a unit of South Korea’s top mobile messenger app operator, has established its own content ecosystem including crea...

Private equity SEMA jointly acquires stakes in US telecom tower operator

South Korea’s Korea Scientists and Engineers Mutual-Aid Association (SEMA) said on Nov. 12 that it has invested $500 million in a joint acquis...

AgTech AgTech attracts global billionaires’ investment

Microsoft co-founder Bill Gates, Amazon founder Jeff Bezos and Softbank Group founder Masayoshi Son have recently shown a common interest in a surpr...