The competition among major mobile carriers in South Korea, China and Japan is growing fiercer to provide world’s first 5G commercial services. The three countries are seeking to show off the competitiveness in their information communication technologies (ICT) through global sporting events such as
Kiwontech, a member company of the K-ICT Born2Global Center, announced on May 8, that it will be launching its own AI-integrated email security solution SCM GUARD this month to provide it to Japanese companies.Earlier, the Korean startup had signed MOUs with Japanese IT companies Taiyo and i-Service
Five Jack (www.fivejack.com), which operates game e-commerce service Itemku (itemku.com) for Indonesian gamers, recently attracted 1.5 billion won in additional investment.Five Jack announced on April 10 that it sealed deals to attract additional investment of 1.5 billion won from Korean and foreign
Visualcamp was recognized for its technology by exhibiting its VR eye tracking technology at the Mobile World Congress (MWC) 2017 held in Barcelona, Spain on February 27 (local time).The start-up support agency K-ICT Born2Global Center said that VR eye tracking technology of the center’s Visualcam
K-ICT Born2Global Center (Born2Global), a major Korean government agency supporting startups under the Ministry of Science, ICT and Future Planning (MSIP), announced that Salted Venture, a member of Born2Global, reached the top position in the health and fitness category at the ISPO AWARD 2017 held
The 1300 megahertz (㎒)) frequency bandwidth only for the fifth-generation (5G) network will be set up by the end of next year. This is attracting attention as the South Korean government is suggesting the direction of 5G frequency policies with its aim to realize the 5G network for the first time in
BBuzzArt, a developer of a global art social platform, successfully induced KRW 2 billion won worth of investment.K-ICT, a start-up support-specialized organization, announced on January 4 that BBuzzArt, its member company attracted 2 billion won in Series A investment from POSCO Technology Investme
The Ministry of Science, ICT & Future Planning released the K-ICT Spectrum Plan on December 22. The purpose of the plan is to increase the frequency width from 44 GHz to 84 GHz between this year and 2026 in order to prepare for the advent of the era of IoT and 5G.For the world’s first commercial 5G
The Korea Startup Ecosystem Forum announced on November 16 that the ratio of South Korean firms established by those with a masters or doctorate degree increased from 18% to 35% between 2014 and this year. For reference, the ratio was 40% in the Silicon Valley in 2014.“This increase in the ratio of
DoubleH,(www.lumidiet.com/en/) a member of the K-ICT Born2Global Center launched the smart wearable diet belt “LumiDiet.” The company will begin full-scale sales of the product on CJ Home Shopping, a cable TV channel, on December 4. Over the past two years, DoubleH has developed smart wearable diet
JD Sound (www.jdsound.co.kr), which owns a technology of manufacturing a handheld DJ device, makes inroads into the education market in the US.K-ICT Born2Global under the Ministry of Science, ICT and Future Planning) said on Sept. 22 that its member startup JD Sound completed its final delivery of p
K-ICT Born2Global Center said on August 24 that its member company VisualCamp has been selected by Red Herring as one of the most innovative 100 technology start-ups in Asia.Red Herring, a global media company that mainly focuses on information technology, has been selecting the most exciting and pr
The K-ICT Born2Global Center announced on August 10 that Bagel Labs, a member of the center carried out crowd funding with Bagel, a smart measuring tape for 35 days from June 29 to August 3 and accomplished funding at the highest level in Korea. The results are 4,500% of the original goal and rank
Dr. Kim Jong-gap, who has helped South Korean small and medium-sized enterprises (SMEs) and venture firms make inroads into global markets in the Silicon Valley for the past 20 years, was appointed as the head of the K-ICT Born2Global Center in September last year. His past career includes a directo
The Ministry of Science, ICT & Future Planning announced on June 12 that the number of wearable device users in South Korea skyrocketed from 50,237 to 510,066 between the end of 2014 and the end of April this year.The calculation of the number is based on the number of SIM cards provided by mobile c
The Ministry of Science, ICT & Future Planning announced the K-ICT Security 2020 Plan on June 9. The purpose of the plan is to back up 100 startups and 10 hidden champion companies in the information security industry until 2020 so that the industry’s reliance upon the domestic market can be reduced
Pangyo, the South Korean Silicon Valley, is emerging as one of the most fascinating startup hubs in Asia to connect next information communications technology (ICT) stars to the global market.The Korean government is preparing for establishment of an over 582,000 square feet startup campus in Pangyo
K-ICT Born2Global Center, a start-up accelerating center sponsored by the Ministry of Science, ICT and Future Planning, announced on May 18 that its member company “VITAL SMITH Inc.” has been selected as the only Asian startup of the 11th batch of Startup Sauna, a global leading startup accelerator
K-ICT Born2Global, a start-up accelerating center sponsored by the Ministry of Science, ICT and Future Planning, announced that its member company “DoubleH” attracted “Global Star Fund for New Growth Engines” from L&S Venture Capital on May 12.DoubleH developed a smart wearable diet belt “LumiDiet”