TechCrunch

JUNE 7, 2022

The fund will focus on gaming studios, GameFi, NFTs and DeFi in South Korea. A big portion of Korea’s gaming industry is moving into web3,” Lee said. “We In general, gaming and NFTs account for the majority of activity Solana is seeing in South Korea, which makes the sectors a natural fit for web3, Lee said.

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TechSpot

FEBRUARY 20, 2023

Co-hosted by the Netherlands and South Korea last week at The Hague, the REAIM conference was attended by representatives from over 60 countries, including China. Ministers, government delegates, think tanks, and industry/civil organizations participated in the talks. Read Entire Article

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TechCrunch

FEBRUARY 14, 2023

Most merchants in South Korea keep track of their international shipping logistics via email until their cargo safely gets to its destination. Portlogics currently centers on South Korea’s freight forwarding industry but intends to open offices in Southeast Asia and the U.S. billion in 2030 , up from $2.92

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TechCrunch

OCTOBER 7, 2021

Riiid , a South Korea-headquartered AI-powered edtech company, acquired its Japanese distribution partner Langoo to expand its Japan footprint. . million users downloaded the Riiid Tutor app in South Korea and Japan. The Japanese remote learning industry was estimated at $2.6 Riiid claims that more than 2.5

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TechCrunch

NOVEMBER 16, 2022

Two years ago, South Korea unveiled a plan to reach carbon neutrality by 2050. A lthough Korean manufacturers say they are trying to change their ways, the country’s GDP is linked to some uniquely pollutive industries, including petrochemical producers, automakers and shipbuilders. Getting there will be another story.

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TechCrunch

JULY 18, 2022

Gbike , a South Korea-based micromobility Gcooter operator, is acquiring Hyundai Motor’s shared micromobility sharing platform ZET as it wants to increase its market share and create technological synergies via ZET’s fleet management system. . The financial terms of the deal were not disclosed. .

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South Korea Platform Companies Singapore 93

The Verge

JULY 24, 2020

The new plant, located in Guangzhou, China, has the capacity to initially produce 60,000 OLED sheets a month, which combined with LG’s existing plant in Paju, South Korea means that LG Display’s total OLED production capacity has almost doubled to 130,000 sheets monthly. They’re for TVs, in other words.

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TechSpot

MAY 25, 2024

South Korean President Yoon Suk Yeol recently unveiled a $19 billion support program to boost the country's semiconductor industry. One of the areas the President stressed when outlining the package concerns processors, a sector where Korean companies currently lag behind industry leader TSMC. Read Entire Article

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TechSpot

AUGUST 22, 2023

SK Telecom, the largest wireless carrier in South Korea with over 30 million subscribers, is part of the prominent industry conglomerate SK Group. The company has recently released a white paper addressing 6G networks. In the realm of the next generation of mobile broadband, there are valuable lessons to be.

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TechCrunch

JULY 5, 2022

South Korean AI chip developer Rebellions has raised a $22.8 million (30 billion KRW) extension to its Series A financing from a strategic investor KT , one of the largest telecom companies in South Korea. . Ku also said in a prepared statement that KT would continue to invest in startups amid a tough investment environment. .

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TechCrunch

FEBRUARY 14, 2022

The startup announced today it has raised an undisclosed seed round co-led by South Korean internet giant Naver, CKD Venture Capital and Wooshin Venture Investment, with participation from Lighthouse Combined Investment and S&C Networks to take the market in South Korea and Japan. . It’s only a matter of time.

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TechCrunch

FEBRUARY 6, 2022

According to the company, there is no suitable e-moped model that can meet the required demand in South Korea, no supply chain that can sell, repair or resell and no charging stations that offer services to potential e-mopeds users. . Industry sources told TechCrunch that consolidation started in the e-scooter industry last year.

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TechCrunch

SEPTEMBER 28, 2022

Like other industries, the entertainment sector was affected by the coronavirus lockdown. AmazeVR is betting that virtual shows, which have become popular among artists and fans since the pandemic, are going to take over the entertainment industry. Both companies plan to launch Studio A in South Korea and produce immersive VR concerts.

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TechCrunch

JANUARY 17, 2022

South Korea-based human resources management platform flex announced today it has closed a $32 million Series B round at a valuation of $298 million. However, flex plans to expand the addressable market by targeting new industries in the SMB space this year. The startup has primarily been serving SMBs in the IT sector.

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TechCrunch

MAY 10, 2022

Seadronix says some smart ports across the globe have adopted innovative technologies ; for example, Port of Rotterdam in the Netherlands, Port of Hamburg in Germany and Port of Singapore, but that generally, the traditional shipping industry is conservative and resistant to change, meaning it’s therefore ripe for disruption.

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TechCrunch

DECEMBER 1, 2021

South Korea-based peer-to-peer (P2P) lending platform PeopleFund announced today it has closed a $63.4 South Korea has passed the first law in the world dedicated to digital lending, ‘The Marketplace Lending Act’, in August 2020 to regulate marketplace lenders, protecting P2P consumers. million (75.9

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TechCrunch

NOVEMBER 2, 2022

In addition, participating startups get co-working space, will attend weekly classes and have access to four to six mentors who have expertise in various industries, not just in South Korea but global regions. . SparkLabs began in Korea to find and help local Korean startups in their seed stage and help them go global.

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TechCrunch

AUGUST 22, 2022

Socar’s debut comes amid a sluggish period in the IPO market in South Korea that has prompted a series of Korean companies to delay their listing plans. Socar, the first and only unicorn mobility startup in South Korea, aims to become the first listed profitable unicorn company, Park noted. million users and 1.4

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The Verge

FEBRUARY 12, 2021

It’s very likely that they will hear many objections, not just from Google, Microsoft, and Qualcomm, but from others in the chipmaking industry who are concerned about their open-licensing agreement with Arm being affected by the merger. These companies have experience with regulators and anti-competitive behavior.

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Google Report South Korea License 134

TechNode

FEBRUARY 10, 2025

The company is also planning to establish an integrated logistics system in South Korea, Yonhap reported, aiming to sign contracts with major local logistics firms through public bidding. In December 2024, Yonhap reported that Temu had become the most downloaded app in South Korea among adults in the first 11 months of the year.

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South Korea Marketing System Build 66

Fast Company Tech

MARCH 18, 2025

In August, the company announced a partnership with SK Telecom to expand cloud services in South Korea. In June 2024, UK and Colorado-based Quantinuum unveiled the industrys largest-ever trapped ion quantum computer, with 56 trapped-ion qubits. In a May publication in Science Advances , researchers from Quantinuum, the U.S.

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TechCrunch

NOVEMBER 21, 2022

Mom-and-pop stores and franchises — mostly offline — account for about 95% of the laundry market in South Korea, according to Laundrygo CEO Sung-woo Cho. But his South Korea–headquartered startup aims to digitize the laundry industry in the country. Laundrygo also has plans to expand geographically.

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South Korea San Francisco New York Service 87

The Verge

JANUARY 7, 2021

The Wi-Fi Alliance, the industry-wide group that oversees Wi-Fi, is now starting to certify the first wave of products with support for Wi-Fi 6E. It’s the biggest upgrade to Wi-Fi in 20 years , and connections should be faster and a lot more reliable because of it.

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TechCrunch

JANUARY 6, 2022

The competition of the mobility platform industry in South Korea has intensified as local car-hailing companies such as Kakao Mobility and TMAP Mobility actively expand their business in the country with ambitions to become the mobility super app. million so far. .

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South Korea Files Share Malaysia 90

TechCrunch

AUGUST 15, 2022

The Seoul-headquartered startup will use this new funding to open a production plant in South Korea for scaling the manufacture of its fungal-based biomaterials and double its headcount to 42 employees, Sah said in an interview with TechCrunch. billion valuation in September 2021. Ecovative Design also closed $60 million in March 2021.

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TechCrunch

OCTOBER 14, 2021

The company plans to use the acquisition to make further inroads into the overseas tourism industry. and South Korea around 2023. Despite the huge cloud that has hovered over the travel and tourism industries over the last 20 months, the company has been on a major growth tear.

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South Korea Tech Companies Asia 69

The Verge

JUNE 1, 2021

AMD has partnered with industry leader Samsung for several years to accelerate graphics innovation in the mobile market, and we’re happy to announce that we’ll bring custom graphics IP to Samsung’s next flagship mobile SoC with ray tracing and variable rate shading capabilities. AMD says it’ll make its way to “flagship mobile devices.”.

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TechCrunch

DECEMBER 2, 2021

Karamba Security , an Israel-based security startup that focuses on the IoT and automotive industry, today announced a $10 million extension to its $12 million Series B round from 2017. ” Karamba Security’s XGuard.

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South Korea Raise Platform Vietnam 99

TechCrunch

JUNE 2, 2022

Semiconductors, which have become a valued asset, are used in virtually almost every industry, including 5G networks, automation, the Internet of Things, financials, smart homes, smart cities, virtual reality (VR), augmented reality and self-driving cars.

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TechCrunch

MARCH 28, 2023

Neubility operates in a crowded industry that includes peers like Starship Technologies, Coco, Cartken and Kiwibot in the self-driving delivery robot space and Knightscope, which develops security robots. The Neubie will help deliver the ordered items in some limited towns in a couple of cities, such as Seoul and Incheon in South Korea.

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TechCrunch

MARCH 23, 2022

Dongnae , a South Korea-based startup that helps tenants find premium apartment rentals, has closed $16.4 Shampine noticed residential real estate was big in South Korea but also knew he didn’t know enough, especially about the local proptech space, he said. million to digitize real estate in South Korea.

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South Korea Service Asia Local 75

TechCrunch

OCTOBER 26, 2020

This Series B funding round comes four years after VSPN’s 2016 Series A funding round, which was led by Focus Media Network, joined by China Jianteng Sports Industry Fund, Guangdian Capital and Averest Capital. SPACE in Seoul, South Korea. With stadiums closed, TV networks turn to live esports broadcasts.

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TechCrunch

AUGUST 26, 2021

It is expected that LOVO will create additional synergies in the entertainment industry in the wake of the latest funding from a South Korean entertainment. LOVO has an office in South Korea and is looking to expand into Europe soon, Lee added. VP of CEO Vision Office at Kakao Entertainment J.H. Aflorithmic nabs $1.3M

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Voice Fund Companies South Korea 145

TechCrunch

MARCH 31, 2021

The company was launched in Hangzhou, China, before moving to it current headquarters to Singapore, and about 70% of its users are in mainland China, followed by markets including South Korea, the United States and Southeast Asia. ImToken will use its latest funding to build features for “imToken 3.0.”

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South Korea Raise Singapore Tech 92

The Verge

FEBRUARY 17, 2021

Tom’s Hardware notes that in March 2018 an unplanned 30 minute outage at one of Samsung’s plants in South Korea resulted in damage to tens of thousands of wafers, equivalent to 11 percent of its NAND flash output for the month. However, given Samsung had prior notice of the Austin shutdown, it presumably avoided any damage.

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TechCrunch

AUGUST 15, 2022

That growth has enabled us now to be in a very strong position to make an impact in the industry,” he added. Our goal is to create a new farming industry in the United States and to create infrastructure and technology that is as easy to use as a laundry machine so that anybody can become a shrimp farmer.”. “Our

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The Verge

FEBRUARY 11, 2021

It’s no secret the pandemic has taken a huge toll on the theater industry, but some chains are getting clever to offset some of these losses. BBC reports that CGV, the largest cinema company in South Korea, has been allowing gamers to rent its screens for two-hour chunks, costing $90 before 6PM, then going up to $135 later in the evening.

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