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ImmunoForge (Co-CEOs Sung-Min Ahn and Ki-Ho Chang), a biotech venture specializing in the development of therapeutics for rare diseases, announced that it has been finally selected for the 2026 Investment and Financing-Linked Technology Development Program (Global TIPS R&D), organized by the Ministry of SMEs and Startups (MSS) and the Korea Technology and Information Promotion Agency for SMEs (TIPA).
NVIDIA Corp. (NASDAQ:NVDA) is one of the 10 best electric and autonomous driving stocks to buy according to hedge funds. On June 8, following a four-day visit to South Korea, Nvidia Corp.’s (NASDAQ:NVDA) Chief Executive Officer Jensen Huang announced strategic artificial intelligence partnerships with six major domestic companies. These new partnerships focus on four main […]
Samsung Electronics' shares rose as much as 6.5% in morning trade on Thursday after the tech giant and its South Korean union reached a tentative pay deal, potentially averting a strike that had threatened to hit the economy and undermine global chip supply chains. The union said the planned 18-day strike by nearly 48,000 members would be suspended while the tentative 11th-hour deal is put to a vote between May 22 and 27. Ryu Young-ho, a senior analyst at NH Investment & Securities, said investors were relieved that uncertainty surrounding the prospect of a strike had eased.
Global robotics company WIRobotics (Co-CEOs Yeonbaek Lee and Yongjae Kim) announced that it has completed a KRW 95 billion (approximately USD 68 million) Series B funding round. The investment comes about two years after the company's KRW 13 billion Series A financing in March 2024 and reflects growing confidence in WIRobotics' next-generation robotics technologies and commercialization potential.
STORY: BTS fans from around the world are pouring into South Korea's capital, Seoul. They are spending big on travel, beauty treatments, shopping and Korean barbecue. Even if they don’t have concert tickets. Among their ranks is Maria Herrera from Vancouver, Canada. She is in Seoul with her daughters. “We do skincare, for example. For myself, Botox, facial, Potenza and all those stuff. And then we do our haircare here, like we do haircuts." This fan from Spain said she is going to spend close to $2,000 for two weeks in the city. She is part of a massive global wave of fans that analysts are ca
Chipmaker SK Hynix said on Tuesday it will purchase 11.95 trillion won ($7.97 billion) worth of ASML's EUV lithography tools, used to create chip circuitry, in the largest single order publicly disclosed by an ASML customer. In a regulatory filing, SK Hynix said it would purchase the tools by December 31, 2027 for use in the mass production of new products. Reuters reported in January that the firm plans to accelerate the opening of a new plant in Yongin city to February 2027 to meet rising demand for memory chips.
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