
Samsung Next Invests in Generative AI Monitoring Startup Traceloop
Samsung Next, the investment arm of Samsung Electronics, has invested in Traceloop, a startup specializing in generative AI
Curated content that matters
Explore stories across diverse categories
Samsung Next, the investment arm of Samsung Electronics, has invested in Traceloop, a startup specializing in generative AI
Several South Korean food companies have suspended product deliveries to Homeplus, a major local retail chain currently undergoing
South Korea will freeze raw milk prices again this year, marking the second year in a row without
The competition among domestic companies to secure the No. 2 spot in Korea’s online video service (OTT) market
(Photo=Nongshim, Motionelements) South Korea's leading food company Nongshim's "Shin Ramen Tomyum" (TOMYUM) is making its way to Japan. As the first global collaboration product of Shin Ramen, it was launched in Thailand in 2023 and is now sold in 25 countries worldwide. The "Shin Ramen Road" continues to stretch across the globe. According to Nongshim Japan on the 23rd, the
(Photo=MotionElement) South Korea is set to open a large-scale market for energy storage systems (ESS), with total investment expected to reach approximately $724 million. The move comes as part of efforts to stabilize the national grid and accommodate growing volumes of renewable energy. On May 22, South Korea's Ministry of Trade, Industry and Energy (MOTIE) announced plans to introduce 540
(Photo=Hyundai Motor Group) Hyundai Motor Company and Kia Corporation have joined a new U.S.-based venture capital fund as anchor investors, targeting emerging technologies in artificial intelligence, robotics, and next-generation software. Factorial Funds, a venture capital firm based in the United States, announced on May 22 the launch of a $200 million institutional fund, with Hyundai and Kia participating as lead
(Photo=State Property Fund of Ukraine) Ssangyong Engineering & Construction (Ssangyong E&C), a South Korean construction firm known for large-scale overseas infrastructure projects, is exploring potential investment opportunities in Ukraine’s post-war reconstruction through talks with the country’s State Property Fund (SPFU). Several media outlets reported that a second round of official discussions was held at SPFU headquarters in Kyiv on May
(Photo=Netflix, TVING, Wavve, Coupang Play, Motionelements) According to UK-based market research firm Omdia, Netflix maintains its top position in the Korean OTT market, capturing 31% of total subscribers. However, major Korean platforms like TVING (16%), Coupang Play (13%), and Wavve (11%) collectively hold a 40% market share, surpassing Netflix. The success of these local platforms reflects their strong cultural relevance