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MLOps startup Vessl AI eyes 50% sales from US in 2025
Vessl AI CEO An Jaeman poses for a photo in front of Vessl AI’s office in Seoul, South Korea (Courtesy…
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NHN unveils new corporate identity
South Korea’s NHN Corp. unveiled a new corporate identity (CI) on Thursday in celebration of its anniversary and announced that…
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SoftBank-backed Tridge in trouble amid Korean startup doom
(Captured from Tridge website) Tridge Co., South Korea’s first agricultural product and food trading platform operator invested by SoftBank Group…
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Baemin founder sets out for new trophy platform
Stayfolio Kim Bong-jin, a former chairman and chief executive officer of Woowa Brothers Corp., the operator of South Korea’s No.…
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Naver begins Saudi digital twin project for smart cities
Naver’s virtual simulations of cities based on digital twin platforms South Korean internet giant Naver Corp. and the Saudi Arabian…
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Goldman Sachs taps ex-Morgan Stanley MD as Korea co-head
Goldman Sachs names Ahn Jae-hoon as Korea’s country head and investment banking business chief Goldman Sachs Group Inc. said on…
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Hana Financial mulls non-banking M&As for growth: CEO
Hana Financial Group Chairman Ham Young-joo speaks at the sidelines of the 2024 CEO Summer Forum hosted by the Federation…
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Samsung, SK Hynix lead value increase in NPS’ local shares in Q2
Image of Samsung’s high bandwidth memory chip HBM3E 12H DRAM (Courtesy of Samsung) The second-quarter rally of Samsung Electronics Co.…
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Don’t dwell on Korea discount; light up visibility on global stage
HyperCLOVA X introduction at Team Naver Conference Dan 23 on Aug. 24, 2023 (Courtesy of News1 Korea) To the world,…
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Korean IPO boom sets new record; bubble bursts after debut
Trading room at Hana Bank’s headquarters in Seoul on July 2, 2024 South Korea’s initial public offerings in the first…
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Hyundai Motor to set up software R&D center in Silicon Valley
Hyundai Motor Group aims to lead the future mobility industry with software-defined vehicles (SDVs) Hyundai Motor Group, the world’s third-largest…
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Naver’s webtoon unit to raise $315 mn via Nasdaq IPO
Advertisement of Webtoon Entertainment (Courtesy of Webtoon Entertainment) Webtoon Entertainment Inc., South Korean tech giant Naver Corp.’s online comics platform,…
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South Korean webtoon makers in quandary after pandemic
Naver Webtoon becomes the No. 1 webtoon platform in France in July 2023 At the height of the COVID-19 pandemic…
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HYBE accelerates transition into platform company
(Courtesy of Yonhap) HYBE Co. is accelerating its push to transform into a platform company as it is set to…
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Southeast Asia, Korea Inc’s new IT outsourcing powerhouse
Software developers working at Mobile C&C Cambodia’s office in Phnom Penh, Cambodia on Jun 5, 2024 PHNOM PENH – South…
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Korea Inc.’s AI executives double with LG Group leading the pack
AI robot The number of executive-level artificial intelligence (AI) specialists at South Korea’s 30 largest conglomerates has more than doubled…
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SK Telecom to launch AI assistants for corporate clients
SK Telecom’s personal AI assistant on a smartphone (File photo, courtesy of SK Telecom) SK Telecom Co., South Korea’s top…
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LY vows to keep Line Plus as Naver-SoftBank breakup drags on
Line Plus headquarters in Pangyo, South Korea (Courtesy of Yonhap) Japan’s LY Corp., the operator of the country’s top mobile…
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Naver beleaguered by weak Korean businesses amid Line woes
Naver headquarters in South Korea (Courtesy of Yonhap) South Kora’s online giant Naver Corp. is struggling with sluggish core domestic…
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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…
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Naver to submit remedies to Japan without A Holdings stake sale
Naver headquarters in South Korea (Courtesy of Yonhap) LY Corp., the operator of Japan’s popular messenger app Line, is expected…
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Korean government vows stern response to Tokyo’s Naver handling
Sung Tae-yoon, director of national policy at South Korea’s presidential office, holds a press briefing on Seoul’s response to the…
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Japan’s pressure mounts on Naver as LY CEO demands ties cut
The logos of the mobile messenger app Line and Yahoo! Japan are seen in this November 2019 file photo (Courtesy…
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Hasty overseas expansions hurt Korean entertainment sector
Ariana Grande (left) and Justin Bieber, pop stars of Ithaca acquired by HYBE (File photo, courtesy of Reuters via Yonhap…
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Japan’s request to shed Naver’s Line control ‘unprecedented’: CEO
Mobile messenger app Line (right) is indirectly owned by Korea’s Naver and Japan’s SoftBank (Courtesy of Nikkei) TOKYO – South…
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Naver, SoftBank to discuss Japan JV’s ownership change
Line is the most popular chat app in Japan South Korea’s top online portal Naver Corp. and Japan’s SoftBank Corp.…
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Kakao joins hands with LG Uplus to enter EV charger market
LG Uplus and Kakao Mobility sign an EV charger joint venture agreement in June 2023 Kakao Mobility Corp., South Korea’s…
