Secondhand marketplace become target of cybercrime in South Korea
Secondhand marketplace: In South Korea, obtaining a used item through online platforms has been popular for the past few years but gained even bigger momentum since the pandemic. According to Job…
South Korea’s Doosan Robotics prices IPO at top of range
By Joyce Lee SEOUL (Reuters) – South Korea’s Doosan Robotics is set to raise 421.2 billion won ($317 million) in an initial public offering (IPO) after pricing the deal at…
South Korea to toughen punishments for technology leaks in chips, displays
By Joyce Lee SEOUL (Reuters) – South Korea said on Monday it will toughen sentencing for stealing industrial secrets, after concerns that current regulation was not strong enough to deter…
South Korea’s Naver launches generative AI services
By Ju-min Park SEOUL (Reuters) – South Korean internet giant Naver unveiled its own generative artificial intelligence (AI) tool on Thursday, joining the frenzy around the new technology initiated by…
Google-backed Anthropic raises $100 million from South Korea’s SK Telecom
By Joyce Lee SEOUL (Reuters) – South Korea’s largest telco SK Telecom said it will invest $100 million in U.S. artificial intelligence firm Anthropic to strengthen its telecommunications-driven AI business.…
YouTube to launch its first official shopping channel in South Korea
By Joyce Lee SEOUL (Reuters) – YouTube will launch its first official shopping channel for live commerce in South Korea on June 30, Yonhap news agency reported on Wednesday. South…
South Korea vows support for its chip sector amid China-US tension
By Joyce Lee SEOUL (Reuters) – South Korea pledged support for its chip sector on Thursday, with President Yoon Suk Yeol describing competition in the industry as an “all-out war”…
AI Strategies in Asia: China, Japan, and South Korea
AI Strategies Asia: Artificial Intelligence — considered a buzzword until a few years ago — is now one of the most prominent factors that shape industries. Governments worldwide, including those…
South Korea: Preventing Dementia With VR Technology
Dementia VR technology: Dementia is considered a serious disease in South Korea. It is named one of the country’s four biggest causes of death, with 14 per cent of the population…
U.S. and South Korea agree to minimise chipmakers’ uncertainties on subsidy requirements
By Joyce Lee SEOUL (Reuters) – The U.S. secretary of commerce and her South Korean counterpart agreed to “minimise uncertainties” of chipmakers’ investments amid new U.S. semiconductor subsidies, Korea’s industry…