LG Uplus announced an agreement to strengthen collaboration with Amazon Web Services (AWS) to maximize the utilization of AI. Hwang Hyeon-sik, the CEO of LG Uplus, and Kathrin Renz, AWS Vice President of Industry, met in Barcelona, Spain, during MWC2024 on Feb. 27 to sign an agreement. This collabor
At the Huawei Product & Solution Launch held during MWC Barcelona 2024, Bruce Xun, President of Huawei's Global Technical Service Dept, announced the launch of Huawei's digital intelligent series of solutions in the ICT services & software field. New AI technology is applied to solutions such as Int
barenbliss, a rising clean beauty brand from Seoul , is thrilled to announce the grand opening of its inaugural global flagship store ----the barenbliss Clean Beauty Archive Garden in Myeongdong. Meanwhile, the brand also announced a collaboration with Korlma Korea at the opening ceremony to establi
Naver and Samsung C&T are joining forces to expand their future business ecosystems by leveraging each other’s capabilities. On Feb. 28, Naver Cloud and Naver Labs, along with the Construction Division of Samsung C&T, announced that they have signed a Memorandum of Understanding (MOU) at the Naver 1
LG Electronics and global big tech company Meta are joining forces to develop next-generation extended reality (XR) devices. LG Electronics announced on Feb. 28 that it is officially starting strategic cooperation with Meta to accelerate its XR business.Meta’s CEO, Mark Zuckerberg, visited LG Twin T
SK enmove announced on Feb. 28 that it has signed a memorandum of understanding for collaboration in the field of next-generation cooling solutions with SK telecom, South Korea’s leading telecommunications company, and Iceotope, a U.K.-based specialist in liquid cooling solutions. The signing ceremo
HD Hyundai Shipbuilding & Offshore Engineering, HD Hyundai Heavy Industries (HHI), Hyundai Mipo Shipbuilding, and Hyundai Samho Heavy Industries announced on Feb. 28 that they recently held a Marine Platform Technology Council meeting with Siemens Digital Industries Software at Hyundai Mipo Shipyard
Since taking office in early July 2022, Ongjin County Mayor Moon Kyung-bok has been busy listening to the voices of his residents. This has been producing remarkable positive results.In 2023, Ongjin County paved the way for a new leap forward, including finalizing a plan for the construction of Baek
The government has come up with a detailed blueprint at the inter-ministerial level, encompassing export targets for key items such as semiconductors, automobiles, and plants, to achieve this year’s export goal of US$700 billion. It includes the largest-ever support measures to accelerate progress,
Woori Financial Group has established a strategic partnership with Mubadala, the sovereign wealth fund of the United Arab Emirates (UAE), between their respective subsidiaries.According to sources in the financial sector on Feb. 28, Woori Venture Partners, a subsidiary of Woori Financial Group, sign
Seed Group, a leading company under the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, has taken a significant step towards revolutionising the travel industry in the Middle East and North Africa (MENA) region through its strategic partnership with Seoul-based hospitality tech startup ONDA.Wit
On Feb. 26 (local time), Korea Hydro & Nuclear Power (KHNP) signed a letter of intent (LOI) with Centrus Energy Corp., a U.S. nuclear fuel and services supplier, in Washington, D.C., to pursue stable nuclear fuel supply.The latest LOI builds upon the memorandum of understanding (MOU) signed in April
By the end of 2023, more than 300 5G commercial networks had been launched worldwide, serving more than 1.6 billion users. 5G development is now well underway, with the growth rate of global 5G users reaching seven times higher than that of 4G users in the same period. Operators using Huawei solutio
JW Pharmaceutical announced on Feb. 26 that it has signed a joint research agreement with its subsidiary, C&C Pharmaceuticals Research Institute, for the development of innovative anti-cancer cell therapies.According to the agreement, JW Pharmaceutical will develop a new CAR-NK cell therapy targetin
By combining three key factors—AI-powered real-time translation technology, expertise in professional translation, and know-how in video production—Flitto enhances the competitiveness of K-content and expands its reachFlitto (CEO Simon Lee, KOSDAQ 300080), an AI data solution and professional transl
The Ministry of Trade, Industry and Energy (MOTIE) and the Korea Trade-Investment Promotion Agency (KOTRA) announced on Feb. 23 that they held an online briefing on the 2024 Secondary Battery U.S. Investment Strategy to help Korean companies break into the U.S. secondary battery market.The event was
The Ministry of SMEs and Startups announced it will hold the K-Business Day in the Middle East 2024 export consultation session on Feb. 27 in Riyadh, Saudi Arabia, and on Feb. 29 in Dubai, the UAE, in collaboration with the Korea Federation of Small and Medium Enterprises. This initiative aims to su
SK telecom announced on Feb. 22 that it has successfully completed the conceptual verification of AI-based wireless transmission and reception technology for future 6G mobile communications for base stations in cooperation with NTT DoCoMo, NTT, and Nokia Bell Lab.The developed technology incorporate
SK bioscience, a global innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced today that the company has obtained prequalification (PQ) certification from the World Health Organization (WHO) for its typhoid conjugate vaccine (TCV), ‘SKYTyphoid®
FILA announced on Feb. 23 that it has successfully installed water filtration systems at several health centers in Cambodia’s Ratanakiri province to contribute to improved living standards for local residents in one of the Southeast Asian country’s most marginalized regions.In line with its key soci