An ever-present question in relationships is "should we open a join bank account?". While every situation is different, Korean couples have expressed that joint accounts help alleviate the stress of one person being responsible for paying the bill on date nights. Read more here!
Hanging out with friends and listening to vinyl records is a trend that isn’t going anywhere anytime soon in Korea. Learn more about the popularity of vinyl records here!
South Korean designers are dipping their toes into the world of metafashion, with the government launching its first-ever digital wardrobe. 30 outfits are planned to be completed with model line-up being A-list actress Han Sun-hwa, singer Ravi, and model Jaesi. Read more here!
LG continues to be a pioneer in AI and robots in the workplace with robots taking over tasks too dangerous for humans or helping to make the worker’s jobs easier. However, there has been some pushback on if the robots will eventually take people’s jobs. Read more about the latest findings here.
Problems at work? Talk about it online! Blind is a South Korean-born messaging app where users can anonymously speak about problems and concerns they have without worrying about facing repercussions from management. Learn more about how this app is positioning itself for the US market
5G communication will be driving on the streets of Korea through Hyundai Mobis’ new initiative. These new cars are a part of motor innovations being handled throughout Korea. Read about the new car features in this article.
Fighting an international chip shortage has led to innovation on all fronts. Korea began their own initiatives by partnering with UK based Arm chip designers. Read about their deal and what it means today.
A battle over play-to-earn (P2E) games in South Korea between the government and the industry has yet to show any signs of stopping as authorities continue to ban the game genre for its speculative nature. But does harsher regulation on mobile games like this negatively affect Koreas P2G exports in the global market? Discover more here.
‘Metaconz’ is a 3D PFP (Profile Picture, a digital image in the form of a profile for social medi...
Virtual humans are taking an active part in the real world, expanding their influence in various sectors such as advertising, music, commerce, and education. Digital humans are expected to increase their presence as the cost to development continues to reduce. What other applications can AI personas have in our digitally transformed work and living spaces?
Why are companies paying attention to 'buccaneer marketing'? Generation MZ reveals how media consumption has changed forever. Audiences tune in to their favorite content more based on the personality than the content itself. So the importance of building a branded personality is critical for young and growing content creators and companies seeking Gen MZ audience and attention.
South Korean game studio Action Square and Netflix Games announced that they are releasing a game called Kingdom: The Blood, a hack-and-slash action game set in 16th century Korea. Learn how this upcoming game will stack up to its reference material, the South Korean hit TV show “Kingdom” and what we can expect in the development of this game.
Tilda, the world’s first AI designer, will unveil her first capsule collection of sustainable clothing, both virtual and IRL items, on World Environment Day. Learn more about her collection and how it plans to shed light not just on problems of real-life waste that ends up in real life landfills, but also the impacts of digital carbon footprints.
Streaming platforms from all over the globe are seeking to expand their market share in an increasingly crowded Korean market. Learn how companies like Netflix, Tving, and Coupang Play are fighting for that competitive edge.
Naver Webtoon, an online plaftorm for digital comics, has entered the French market through Kakao Piccoma. Learn more about why Korea is interested in penetrating the French market and what we can expect over the later this year from Kakao and Naver.
The augmented reality (AR) based service 'Style AR' of Deep Pixel, a virtual fitting solution company, provides users the experience of wearing an accessory virtually, increasing the purchase conversion rate, and significantly lowering the exchange/return rate. Learn more about how Deep Pixel CEO Lee Je-hoon views the future of AI and technology in the consumer market.
South Korea is one of the many that have been hit by forgery NFT claims. However, the country is taking proactive measures by hosting an NFT Art 101 Conference which was attended by 500 people looking to learn about the latest developments in the world of NFTs. Learn more about this conference here.
South Korea is known for its strong financial systems. SK Banks have held steady through the pandemic and now look to the future of digital finance in Generation MZ. Offering all-hours transactions and social-first banking to the nation's youth. Read more here.
President Biden visits the number one chip manufacturing company in the world during his three-day tour of Korea. Let us look at Biden’s, and the recently elected Korean President Yoon’s, visit of the Samsung chip plant. Read more here.
Despite the ongoing disruption to global supply chains, South Korea's exports of eco-friendly cars hit a record high in April, with the country’s outbound shipments last month reaching around 48,000 units. Read more here.
South Korean robotics maker Rainbow Robotics said Monday that it recorded 3.6 billion won ($2.8 million) in sales during the first quarter of this year, up 182 percent from last year. Collaborative robots assist humans or replace the roles of humans in terms of conducting simple and repetitive tasks. Learn more here!
Korean game companies are increasingly setting their eyes on projects centered on virtual human character development, aimed at carving out new endeavors in non-gaming areas such as music and marketing sponsorships. With the advancement in computing power and artificial intelligence (AI) technology, experts predict more projects will launch in the future in various commercial applications with dynamic characters.
Introducing the T-Money Card: the essential Korean transportation card! Whether you are a short-term tourist or long-term resident in Korea, this transportation card is a must-have purchase that will make traveling in Korea much more convenient, easier, and cheaper. Read more here.
South Korea’s largest mobile carrier, SK Telecom, unveiled an open beta version of a virtual assistant the company said is aimed at providing an “intimate” and “emotional” experience for Android mobile phone users. Giving Google's language processing model IaMDA 2 stiff competition. The industry is eager to continue developing hyperscale AU engines and hopes that Korea can lead the charge on multimodal language-processing projects in the future. But what does this mean for privacy concerns?
Korean filmmakers and stars gathered in Seoul where the U.S. streaming giant Netflix, announced its 100 million dollar investment plan in the region while previewing its upcoming slate of local-language series. Netflix disclosed that as of the end of last year, the streaming service had 3.8 million paid subscribers in South Korea and continues to see local content as critical in future audience growth for the company.
In fact, he says “Matisse’s popularity has been growing here for some time”. Recently, a surge of websites are selling posters, postcards and canvases of works by Matisse. A quick search shows there are over 22,000 items currently being sold alongside keywords such as “cafe,” “interior design” and “living room.” This craze only heightened during COVID-19 and is now a global phenom.
South Korea's Hyundai Motor Group said Saturday it will invest US $5.54 billion to build a dedicated electric vehicle and car battery manufacturing plant in the United States to further solidify its electrification push in the world's most important automobile market. The announcement comes during US President Joe Biden visit to South Korea as part of his first trip to Asia amid ongoing tension with China and continued provocations from North Korea.
The speed of the 5G network promises endless possibilities for both consumers and enterprises. Globally, countries that have already deployed 5G have noticed accelerated speed in downloads and connectivity. South Korea, which was the first country to adopt 5G on a large scale in April 2019 now dominates 5G speed globally.
Digital healthcare is core for the future of Korea. LG Electronics, KT, Naver, Kakao, and other Korean companies are foraying into the world of digital healthcare ― including telemedicine ― as the importance of healthcare has been highlighted by the ongoing COVID-19 pandemic.
‘Smart farming’ is the innovation concept referring to agriculture management utilizing technologies like Internet of Things (IoT), robotics, drones, and AI to enhance the quantity and quality of produce while reducing the human labor required to produce.
McDonald's Korea took some time to reflect on the importance of food safety, especially hygiene and quality control. A total of 2,100 people including head office employees participated in the town hall. But what makes this not a traditional meeting between employees is that this all took place in the Metaverse.
Korean K-12 edtech startup Gguge, heralded as one of the best online schools in Asia, announced that it has raised $10 million in a Series A funding round backed by Korea Investment Partners (KIP), Murex Partners, and PKSHA Capital from Japan. Learn more here.
Samsung has begun rolling out digital car keys starting in South Korea with the all-electric Genesis GV60. The feature allows Samsung smartphone users to lock their car and start it even if they don’t have the physical keys in hand. The digital car keys use ultra-wideband technology, a wireless protocol that transmits high-frequency radio waves; enabling highly accurate spatial awareness so the car and phone can communicate without any delays or issues.
“The Sound of Magic,” helmed by director Kim Seong-yoon the creator behind hit webtoon-based dramas “Love in The Moonlight” (2016) and “Itaewon Class” (2020), became the most popular TV show in 13 countries, including Bangladesh, Indonesia, Kuwait, Malaysia and Sri Lanka, over the last week. The series placed second in South Korea, Japan, Thailand and India.
Researchers at the Korea Advanced Institute of Science and Technology announced they succeeded in real-time visualization and measurement of floral scent emission for the first time in the world. Using optical interferometry, research teams led by mechanical engineering professor Kim Hyoung-soo and biological sciences professor Kim Sang-gyu measured the frequency with which lily flowers emit scents. The technology they developed to observe the floral scent emission patterns will be used to identify the genes involved in the biosynthesis and emission of floral volatiles.
South Korea’s homegrown app marketplace One Store aims to challenge Google and Apple, two US tech giants that enjoy a near-monopoly in the whopping 300 trillion won ($235 billion) app store market globally, with its forthcoming stock market debut here. One Store, the nation’s sole operator of an app store of the same name, is a merged entity of the nation’s four app stores that were previously operated separately by SK Telecom, KT, LG Uplus and Naver. Now it is an affiliate of SK Square, SK Group’s investment unit.