South Korea - page 2

Fintech & Ecommerce

Ant Group Partners PayNet for Cross-Border Digital Payments

Travellers with Ant Group’s Alipay+ partner e-wallets from China, Hong Kong, Philippines, Mongolia, Macau, Japan, South Korea and Thailand can now make QR payments at over 1.8 million PayNet’s DuitNow touchpoints across Malaysia

Fintech & Ecommerce

AnyMind Enters South Korean Market

South Korean e-commerce businesses looking for cross-border expansion can now tap into the AnyMind influencer marketing and e-commerce management platforms

Science & Technology

Samsung Competes With SK Hynix for Leadership in AI Sphere

The dynamic of changes in the value of shares of Samsung Electronics Co. currently demonstrates a movement in the direction of giving way to similar indicators of a smaller competitor of this company in the sphere of memory chip production SK Hynix, which is currently actively developing against the background of the bet of many […]

News

South Korea’s Nand Flash Memory Chip Exports Show Growth

According to the results of last month, an increase in South Korean exports of Nand flash memory chips was recorded.

News

Samsung Reports Slowing Fall in Profits

Samsung Electronics reported on the preliminary results of operations for the third quarter of 2023, which showed a less intense decline in profit compared to the expected figure.

News

Head of Bank of Korea Welcomes Decline in Chip Prices

The governor of the Bank of Korea, Rhee Chang-yong, announced an improvement in the prospects for the development of the situation in the semiconductor market.

News

South Korean Companies to Supply Chip Equipment to Its Factories in China

Last Monday, October 9, the administration of the President of South Korea reported that local companies Samsung Electronics and SK Hynix will receive permission to supply chip equipment to their factories located in China.

News

South Korean Bank to Launch a Joint Crypto Custody Project With BitGo

KEB Hana Bank and BitGo are preparing to offer joint digital asset custody services

News

SK Telecom Invests Additional $100M in Anthropic AI

In addition to the investment, South Korea’s telecom operator has entered into a partnership agreement with AI provider Anthropic to build a large language model (LLM) customized for telcos

Science & Technology

Samsung Cuts in Memory Chip Production

Samsung Electronics continues to implement a strategy to reduce the production of memory chips, including NAND flash memory, which is used in smartphones and computers.

Fintech & Ecommerce

Levit Raises $46 Million

Seoul-based e-commerce company Levit, the operator of the Alwayz shopping app, announced the raising of investment funds for $46 million following the results of the Series B financing round.

News

OpenAI CEO Calls For Global Cooperation to Regulate AI

Sam Altman, CEO of OpenAI, during a visit to South Korea on Friday, June 9, called for coordinated international regulation of the process of development and dissemination of generative artificial intelligence.

News

Korean Prosecutors Seek Crypto Millions Tied to Do Kwon and TerraUSD

The South Korean prosecutor’s office said that Do Kwon, after his arrest at the end of March, was able to withdraw tens of millions of dollars from an organization that is associated with his blockchain project, which suffered a crushing failure.

Fintech & Ecommerce

Samsung and Bank of Korea Collaborate on Offline CBDC

The media reported that Samsung is currently working with the Bank of Korea to create a central bank digital currency (CBDC).

Articles

From Traditional to Modern: A Journey into the Profitable World of Korean Art

The art world is in a constant state of flux, as collectors and investors seek to diversify their collections and new markets continue to emerge. One such market that has gained considerable attention in the last few years is Korean art, encompassing both traditional and modern paintings.

News

Korean Fintech Kakao Pay to Acquire Majority Stake in US Brokerage Firm Siebert

Kakao Pay, the online payment service of the South Korean messenger and Internet giant Kakao, announced the acquisition of a stake in Siebert Financial, a brokerage firm based in New York.