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
South Korea - page 3
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 […]
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.
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.
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.
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.
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
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
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.
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.
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.
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.
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).
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.
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.
South Korea Fines Google $32 Million
The South Korean Fair Trade Commission (KFTC) fined Alphabet’s Google 42.1 billion won ($32 million).
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