French AI firm Dataiku courts Korean enterprises

SEOUL, July 03 (AJP) - Dataiku, a French artificial intelligence platform company, unveiled its strategy to support South Korean businesses in adopting AI and accelerating digital transformation, during a press briefing in Seoul on Thursday. The company emphasized its growing partnerships with major Korean firms such as LG Chem and Nepes, highlighting its integrated platform’s flexibility and enterprise-grade security. The firm's co-founder and Chief Technology Office

July 3, 2025

Korean power equipment makers expand in Europe

SEOUL, July 03 (AJP) - South Korean manufacturers of power infrastructure equipment are accelerating their push into European markets, seizing on surging demand for data center power systems and aging grid replacement across the continent. The expansion comes amid growing European concerns over energy security and infrastructure resilience. A series of recent power disruptions — including major blackouts in Spain and Portugal in April — coupled with intensifying summer

July 3, 2025

LG Electronics sharpens focus on AI, robotics under CEO William Cho

SEOUL, July 03 (AJP) - LG Electronics is undergoing one of the most ambitious transformations in its corporate history, shifting its focus away from traditional consumer hardware toward emerging technologies like artificial intelligence, robotics, and business-to-business solutions. Now in his fourth year at the helm, CEO William Cho — also known by his Korean name, Cho Joo-wan — is steering LG with a long-term vision centered on “structural competitiveness,&rdqu

July 3, 2025

Republicans press Trump administration to challenge Korea's online platform regulation

SEOUL, July 3 (AJP) - A group of 43 House Republicans is urging the Trump administration to confront South Korea over a proposed law regulating online platforms, warning that the measure could become a flashpoint in ongoing trade talks between the two countries. In a letter sent to U.S. Trade Representative Jamieson Greer, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, the lawmakers called the proposed regulation a discriminatory barrier that unfairly target

July 3, 2025

Coupang enters cloud services market with AI-focused platform

SEOUL, July 03 (AJP) - E-commerce platform Coupang has entered the competitive cloud services arena with the launch of Coupang Intelligent Cloud, or CIC, a rebranded version of the company’s internal artificial intelligence computing infrastructure. The move signals Coupang’s ambitions to expand beyond retail and logistics by positioning itself as a serious player in South Korea’s rapidly growing cloud service sector — a space long dominated by global heavy

July 3, 2025

Korea seeks to address China's export controls on key materials

SEOUL, July 3 (AJP) - South Korea and China held a new round of bilateral supply chain talks in Seoul on Thursday, as the two countries grapple with growing disruptions stemming from Beijing’s tightening export controls on key industrial materials. The meeting brought together senior officials including Kim Jong-chul, director-general for international trade relations at South Korea’s Ministry of Trade, Industry and Energy, and Wang Liping, his counterpart from China&rsq

July 3, 2025

KCC Group pivots to defense tech, semiconductors as construction falters

Editor's Note: This article is the 25th installment in our series on Asia's top 100 companies, exploring the strategies, challenges, and innovations driving the region's most influential corporations. SEOUL, July 2 (AJP) - As South Korea’s construction industry struggles with a prolonged downturn, KCC Group, once a stalwart of the sector, is reinventing itself through a bold pivot toward advanced semiconductor materials and high-tech defense applications — an

July 3, 2025

Nokia promotes AI-powered networks as crucial to Korea's tech future

SEOUL, July 2 (AJP) - Finnish telecommunications giant Nokia unveiled its latest suite of AI-powered networking technologies in Seoul, Wednesday, positioning robust network infrastructure — not just graphics processing units — as the true backbone of next-generation artificial intelligence systems. The company showcased its 25G passive optical network (PON) and Ethernet-PON (E-PON) technologies, which promise faster, more scalable internet speeds without the need to re

July 2, 2025

Shilla Duty Free, Paradise City partner to attract foreign tourists

SEOUL, July 02 (AJP) - Shilla Duty Free has joined forces with Paradise City, a major integrated resort and casino complex, to launch a collaborative marketing campaign aimed at boosting foreign tourist traffic, the companies announced Wednesday. The agreement outlines a strategic partnership that will combine the two companies’ strengths in duty-free retail and hospitality to enhance services for international visitors. As part of the arrangement, Shilla Duty Free will o

July 2, 2025

Musinsa to sell fashion, beauty products targeting young consumers at GS25 stores

SEOUL, July 02 (AJP) - South Korean fashion platform Musinsa is expanding its collaboration with GS25, one of the country’s largest convenience store chains, introducing a new lineup of summer apparel and debuting its first beauty products at retail locations nationwide, the company announced Wednesday. The partnership extension includes five new items from the Musinsa Standard Express collection — the company’s casual sub-label tailored for retail distribution &

July 2, 2025