South Korea plans to detail tax incentives, chip industry support
Βy Jihoon Lee SEOUL (Reuters) - South Korea's finance minister said authorities would put forward detailed tax incentives under corporate reforms aimed at boosting the value of listed companies after seeking more feedback from market participants in coming months. Minister Choi Sang-mok
Meet the talent: Seong Joon-mo, Software Engineer at Banksalad
Place of residence: Seoul, South Korea Position: Software engineer Writer's Note: Today, we introduce Seong Joon-mo, a software engineer at one of the fastest-growing fintech start-ups in South Korea. A passionate man of various interests who also runs his own YouTube channel, "Moverick," we learn more
South Korea announces $19 billion support package for chip industry
By Jack Kim and Heekyong Yang SEOUL (Reuters) - South Korea announced on Thursday a 26 trillion won ($19 billion) support package for the country's vital semiconductor industry, the country's presidential office said. Under the package, President Yoon Suk Yeol said the
South Korea, UK to co-host second global AI summit as boom fans risks
By Joyce Lee SEOUL (Reuters) - South Korea and the United Kingdom will co-host the second global AI summit in Seoul this week, as the breathtaking pace of innovation since the first AI summit in November leaves governments scrambling to keep
Breakthrough in clean energy: ‘Artificial Sun’ hits record temperature
Artificial Sun: In a groundbreaking leap forward for clean energy technology, scientists in South Korea have shattered previous records by successfully sustaining temperatures of 100 million degrees Celsius for an unprecedented 48 seconds. This remarkable achievement, reported by CNN, represents a monumental
Tech helps the elderly who are living in big cities
Tech elderly: Owing to the development of science and technology, the world has experienced many transitions. One of the biggest changes is population ageing, associated with longer life expectancy. The United Nations' 2023 report predicts that the number of people over 65 years old will double
South Korea prepares support package worth over $7 billion for chip industry
By Ju-min Park SEOUL (Reuters) - South Korea is readying plans for a support package for chip investments and research worth more than 10 trillion won ($7.30 billion), the finance minister said on Sunday, after setting its sights on winning a
Meet three young women in tech in South Korea
Women in tech: International Girls in ICT Day is annually celebrated on the last Thursday of April. The day is to encourage women to pursue careers in the information and communications technology (ICT) industry and find their potential in subjects like science, engineering, and mathematics. It is also
Meet the company: DIVE XR in Seoul
DIVE XR's dream to help digitally isolated people DIVE XR is a visual tech start-up founded in 2021, represented by its flagship metaverse game "Table Party", currently available on Meta and PICO. The company's founding members are university friends who were part of the same