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Thu, December 7, 2023 | 22:18
Korean tech firms launch AI promotion council
Korean artificial intelligence (AI) firms launched an AI cooperation council to better grasp the lead in the fast-changing sector, according to government and industry officials, Thursday. Minister of Science and ICT Lee Jong-ho attended the inaugural ceremony of the Super AI Promotion Council held Thursday at Naver 1784 in Seongnam, Gyeonggi Province.
KT&G receives highest credit rating of AAA
Tobacco and ginseng products maker KT&G received the highest credit rating of AAA from three major domestic rating agencies. That rating excludes financial and telecommunications companies. Korea Ratings, Korea Credit Rating and NICE Credit Rating announced the AAA rating, Sunday. Among private non-financial and non-telecommunications companies in Korea, KT&G is the sole enti...
Shuttle Delivery, what3words aim to make precise delivery to expats in Korea
Korea is fast becoming a popular destination for tourists and expats. At the end of 2022, there were 2.25 million foreign residents living in Korea, making up 4.37 percent of the total domestic population, a year-on-year rise of 14.8 percent.
Samsung Electronics opens flagship store in Gangnam
Media art is displayed at “The Wall” installed on the fourth floor of Samsung Gangnam, featuring 8K high-definition quality in southern Seoul, Wednesday. Samsung Electronics opened its new experiential flagship store, Samsung Gangnam, in the prime commercial area. Samsung Gangnam is a large-scale flagship store spanning a total of six floors, from the basement to ...
More workers seek side jobs amid soaring living costs
A 39-year-old office worker surnamed Park is considering opening a self-service laundromat business to secure a source of secondary income apart from his main occupation. Although Park works for a major Korean business conglomerate, he is seeking to earn more money amid deepening economic uncertainties and rising living costs. “Opening up unmanned shops has become a trend lat...
Hyundai Mobis holds 'Media Tech Day' showcasing latest display technologies
Hyundai Mobis offered a snapshot of its future vision during the “2023 Media Tech Day” at the auto parts maker's The Studio M in Yongin, Gyeonggi Province, Monday, aiming to become a leader in the burgeoning field of vehicle displays spearheaded by advancements in autonomous driving, and connectivity technology. During the event, the Hyundai Motor Group affiliate emphasized i...
Doosan Corp. to expand production of EV materials in Vietnam
Doosan Corp., a multinational conglomerate, is partnering with Hai Duong, a Vietnamese city near Hanoi, to explore new business opportunities based on the company's advanced electronic materials manufacturing technology, according to the company, Sunday.
Hyundai Motor Group to foster local workforce in Vietnam
Hyundai Motor Group plans to establish a cooperative center with the Vietnam National University Hanoi, aiming to expand education and social contribution initiatives and secure specialized personnel for production facilities in the region.
Korean businesses seek to boost presence in Vietnam
Korean businesses are exploring new investment opportunities in Vietnam, seeing huge potential in the rapidly growing Southeast Asian country which last year emerged as Korea's third-largest trade partner following China and the U.S.
Hyundai Motor offers personalized mobility lifestyle for Japanese motorists
Hyundai Motor signed a memorandum of understanding (MOU) with lifestyle content company Culture Convenience Club (CCC) in Tokyo, aiming to facilitate collaborative exploration of zero-emission vehicle (ZEV) lifestyle services and more effectively target motorists in the world's third-largest economy, the company said Thursday.