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August 2024: South Korea

South Korean tech news headlines across August touched on a wide range of impact areas.  These included, for instance: AI-backed carbon dioxide monitoring in vehicles, using blockchain; Korea’s moves into quantum computing technologies; Korean technology developments in prismatic batteries for electric vehicles; and more.

Plus: Asia’s tech news, weekly newsletters >

Economic impact of GenAI

Generally Faster – the economic impact of generative artificial intelligence

  • Samsung Electronics hits milestone in auto semiconductors with LPDDR4X chip gaining certification for integration with Qualcomm Snapdragon Digital Chassis platform / full item
  • South Korea: SDT gains $7.5M in pre-IPO funding to build out quantum tech and standardization for quantum computing control equipment, covering a range of platforms and components / full item
  • South Korea: Coupang e-commerce giant partners US Dep’t of State on innovation and economic security, aiming for youth up-skilling, leadership development, entrepreneurship growth and more / full item
  • Korea Blockchain Week is September 1-7 – speakers include Ethereum’s Buterin, Ripple’s Garlinghouse, Binance’s Teng, Animoca’s Yat Siu, and more / full item
  • South Korea: Samsung moves into CXL memory in bid to catch next AI tech wave, with CXL potentially boosting server memory capacity 10-fold / full item
Stablecoins and CBDCs

CCData: Stablecoins and CBDCs Report

  • South Korea: AI chip-makers Rebellions and Sapeon Korea ink merger agreement, with new entity maintaining Rebellions name / full item
  • South Korea: Obicel Bio gains 500Global backing with microbial fertilizers, boosting rice farm productivity and enhancing farm and soil sustainability / full item
  • South Korea: An intro to Telefix, working on satellite imagery cameras and analysis and looking at opportunities in Europe and the US / full item

“Some South Korean crypto exchange workers are getting paid more than staff in some of the nation’s top commercial banks, new data shows…” / full item

  • Real Madrid Next Accelerator for Asia unveils 7 startups selected for collaboration / full item
  • South Korea’s major firms step towards prismatic form-factor for EV batteries, in part due to them now covering 49% of European EV batteries market / full item
  • South Korea: Hyundai and Kia unveil AI-enabled, blockchain-based ‘Supplier CO2 Emission Monitoring System’ to manage carbon emissions of business partners / full item
  • South Korea’s INNOHAS gains VinaCapital Ventures backing with plant-based alt-meats, looking at SEA expansion, and Sunlit Foods OEM growth internationally / full item
South Korea Web3 Market Guide

South Korea Web3 Market Guide

  • Korea 2024 DeepTech & AI Summit was held September 25-27, the first Asia edition from Spain’s South Summit / full item
  • South Korea: An overview of the 2024 Gangnam Global Roadshow, providing mentorship to 12 Korean startups with the aim of international growth / full item

‘A US citizen has been charged with helping North Korean actors obtain remote IT work, and laundering their salaries to finance the country’s weapons program.’ / full item

  • South Korea: An intro to Sweetndata, developing AI-driven digital twins for the entertainment industry, focusing on creators and fan engagement / full item
  • SoftBank, SK Networks, LG Electronics, Hanwha Financial and Thai conglomerate join for $130M Alpha Intelligence Fund, focusing on East and SE Asia / full item
KPMG Venture Pulse Asia Q2 2024

KPMG: Q2 2024 Venture Pulse Asia Report

Asia’s Tech News, Weekly Newsletters

Critical tech quarterly, Q2 2024

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