South Korean tech news headlines in third quarter 2024 – that’s July, August and September – covered a range of tech and startup developments relevant to the country, including: Korea-Australia company partnership on space launch and use of facilities; Samsung’s recent milestone achievement with automotive semiconductors; talks around a Samsung-TSMC semicon plant in the United Arab Emirates; and many more.
NBR: Asia’s Space Ambitions – next chapter in global space competition
September 2024: tech news, korea
- An intro to the 12 South Korean SaaS firms selected for Dubai’s Expand North Star event, and opportunities in the UAE cloud computing space / full item
- South Korea: Samsung Electro-Mechanics unveils world’s first ultra-small all-solid-state battery for wearable devices, targeting 2026 production / full item
- South Korea: Government announces Startup Korea Fund formation with a total capital pool of $629M, attracting more private investment than expected / full item
- South Korea’s Hanwha Aerospace and Australia’s Gilmour Space ink MOU for collaboration in space launch and satellite imagery / full item
- A brief intro to the 8 South Korean tech startups selected for the Super Gap Startup 1000+ Project’s UAE visit to explore opportunities in the United Arab Emirates / full item
- South Korea: Samsung enters mass-production of semiconductor industry’s first 1Tb V-NAND flash memory for SSDs serving ultra-high-capacity servers / full item
- South Korean: An overview of HAII Corporation’s Alzguard-T service, focusing on prevention of dementia using brain training across 6 key cognitive domains / full item
- South Korea: Government-affiliated food agency director charged with creating and running a 12-GPU cryptocurrency mining server in his workplace / full item
- South Korea: FaindersAI retail-tech firm unveils 15- square-meter pre-assembled, autonomous and cashierless MicroStore, installable within 1 week / full item
- South Korea’s SK Hynix announces high-bandwidth memory and enterprise SSD milestones at Semicon Taiwan, in part set to enhance data transfer and efficiency in AI uses / full item
- Korea Web3 Market Guide is available to download, a pre-event overview prepared for the recent Korea Blockchain Week 2024 conference / full item
- South Korea: Ministry of SMEs & Startups sets ambitious $11.5 billion 2025 budget plan, an increase of $31.6 million on 2024 / full item
- Taiwan’s TSMC and Korea’s Samsung Electronics reportedly discussed plans for semiconductor plant in the UAE, potentially rivaling TSMC’s world’s-largest fab in Taiwan / full item
- Singapore’s Singtel and Korea’s SK Telecom roll out world-first telco-provided GPU-as-a-service, looking at partnerships across Asia and Europe to grow the service / full item
Lazard Geopolitical Advisory: The Geopolitics of Supply Chains
August 2024: Korean tech news
- 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
- 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
- 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
GITEX Asia Tech Conference & Expo: April 2025 in Singapore
Tech news, Korea: July 2024
- South Korea: Ministry of SMEs & Startups unveils 15 ‘preliminary unicorns’ and 50 ‘baby unicorns’ selected for Global Unicorn Project, each working in ‘critical growth industries’ / full item
- South Korea: Ministry of SMEs & Startups selects 15 VC funds for fund investment project, targeting new global fund worth over $863M / full item
- South Korea’s Samsung steps up competition with Taiwan’s TSMC and others, unveiling plans for one-stop AI chip productions solutions for clients, claiming a 20% cut in delivery times / full item
- South Korea: Samsung secures a 2-nanometer AI chip foundry and package order from Japan’s Preferred Networks Inc AI applications developer / full item
- South Korea: MegaZoneCloud targets IPO at $7BN valuation, leveraging major cloud services provider position with firms including AWS, Google Cloud and Microsoft Azure / full item
- South Korea’s S2W: “There are between 500,000 to 1 million active sites accessible on the dark web, and we are the only ones in South Korea with the technology to detect newly created sites.” / full item
- South Korea: Poen secures $28M Series B with remanufacture of EV waste batteries / full item
- South Korea: COMEUP 2024 tech and startup conference hits new milestone with 1208 applications for the COMEUP Stars pitch competition, part of the December event / full item
- South Korea: A look at Samsung’s challenges around AI-focused chips, with competitors gaining ground in supplying HBM – high-bandwidth memory – semiconductors to NVIDIA / full item
- Samsung Electronics’ external startup incubator, C-Lab Outside, opens applications to August 14 for firms in AI, robotics, IoT devices, digital health, content and more / full item
- South Korea is to establish startup hubs in Seoul and Busan in H2 2026, looking to house and develop 400 tech startups / full item
- “South Korea is too strong a force in military-technology development for AUKUS to overlook. Adding it to the security partnership would also bolster stability in East Asia.” / full item
- Ultium Cells, a JV between LG Energy Solution and General Motors, have suspended construction of US EV batteries plant, citing a temporary slowdown in global electric vehicles demand / full item
- South Korea: SeaVantage maritime data analytics firm gains $2.3M backing from HD Hyundai Marine Solution, looking to leverage AI in maritime logistics and sustainable shipping / full item
- South Korea’s Rebellions AI chips firm gains $15M investment from Saudi Ariabia’s Wa’ed Ventures, oil giant Aramco’s venture unit / full item
- South Korea: Rebellions Inc AI chip-maker gains $14.4M from Saudi Arabia’s Aramco oil giant, likely an opening move to more fully entering the Middle Eastern market / full item
- South Korea: Gov’t to offer $12.2 billion in loans for semiconductor chipmakers from July, alongside tax breaks for other ‘national strategic technologies’ / full item
- South Korea’s Innospace secures contracts for $1.5M from Italy’s CShark and Thailand’s EOS ORBIT to place satellites into orbit / full item
“A major Cambodian payments firm received crypto worth over $150,000 from a digital wallet used by North Korean hacking outfit Lazarus, blockchain data shows…” / full item
GITEX Asia Tech Voices: News, articles, commentary, industry coverage…
Weekly newsletters
For a one-shot round-up of each week’s technology news headlines, gathered across Southeast Asia and the Indo-Pacific, you should read Asia’s Tech News, Weekly, the Startup News Asia newsletter, on LinkedIn and via Substack.
