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Kakao Mobility Joins Hands with JapanTaxi

Kakao Mobility Joins Hands with JapanTaxi

SEOUL, Sept. 6 (Korea Bizwire) — Kakao Mobility, a South Korean firm that provides ride-hailing and driver-for-hire services, said Thursday that it has invested 1.5 billion yen (US$13.4 million) for a 3.4 percent stake in Japan’s largest taxi-hailing service, JapanTaxi Co., in a move to expand its services beyond the home market. The two firms [...]

Hyundai Partners with China Energy Group in Commercial Car JV

Hyundai Partners with China Energy Group in Commercial Car JV

SEOUL, Sept. 3 (Korea Bizwire) — Hyundai Motor Co. said Monday it has partnered with a Chinese energy group in a commercial vehicle joint venture. At its Seoul headquarters Monday, South Korea’s biggest carmaker by sales signed a “strategic partnership” agreement with Sichuan Energy Industry Investment Group to expand into the Chinese commercial vehicle market, [...]

KT Teams Up with Intel, Qwilt for 5G Service

KT Teams Up with Intel, Qwilt for 5G Service

SEOUL, Aug. 29 (Korea Bizwire) — KT Corp. said Wednesday it has partnered with the U.S. chip giant Intel Corp. to develop an ecosystem for high-end fifth-generation (5G) technology. South Korea’s No. 2 mobile carrier will cooperate in delivering innovative solutions for 5G with a foundation of Intel architecture, according to the company’s press release. [...]

Hyundai Department Store, Amazon Join hands for ‘Next-generation’ Store

Hyundai Department Store, Amazon Join hands for ‘Next-generation’ Store

SEOUL, Aug. 20 (Korea Bizwire) — Hyundai Department Store Group said Monday it has joined hands with Amazon to develop the “next-generation” retail model amid local retailers’ push to adopt the latest technology to their online and offline platforms. Under the strategic collaboration agreement with Amazon Web Service (AWS) Korea signed on Friday, Hyundai said [...]

Kakao Joins Hands with YG Entertainment for Japan ‘Webtoon’ Market

Kakao Joins Hands with YG Entertainment for Japan ‘Webtoon’ Market

SEOUL, Jul. 30 (Korea Bizwire) — Kakao Corp., the operator of South Korea’s top mobile messenger, KakaoTalk, has joined forces with major talent agency YG Entertainment Inc. to tap deeper into the online comic market in Japan, industry sources said Monday. Although the two firms have not signed official tie-up deals, the collaboration is drawing [...]

Sk Telecom to Apply Quantum Cryptography System to German Firm

Sk Telecom to Apply Quantum Cryptography System to German Firm

SEOUL, Jul. 26 (Korea Bizwire) — SK Telecom Co. said Thursday that it has applied a quantum cryptography system to Deutsche Telekom’s test network. The system — which was installed at the German telecommunication company’s test network in Berlin — includes quantum key distribution and an ultra-compact quantum random number generator, South Korea’s top mobile [...]