SEOUL, Oct. 13 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker, said Tuesday it has started the construction of an innovation lab in Singapore to explore new mobility business opportunities. Hyundai Motor plans to build the Hyundai Mobility Global Innovation Center in Singapore by 2022 as it aims to explore business ideas and [...]
SEOUL, May 11 (Korea Bizwire) — South Korean President Park Geun-hye announced a plan Monday to take advantage of big data to create new business opportunities as she launched a new innovation center. “Big data is a new capital of the creative economy,” Park said in the opening ceremony of the latest innovation center in [...]
SEOUL, Mar. 16 (Korea Bizwire) — Lotte Group, South Korea’s fifth-largest family-controlled conglomerate, will play a key role in creating a fund worth 40 billion won (US$35 million) to help develop the country’s film industry, the presidential office said Monday. Lotte will account for half of the proposed fund while Busan Bank and the Busan [...]