SEOUL, Sept. 18 (Korea Bizwire) — Almost half of the South Korean startups that ending up going global actually have origins in overseas countries, under the goal of targeting the global market, a state-run trade promotion agency said Thursday. As a result of a survey of the nation’s 135 startups that have been active in [...]
SEOUL, Aug. 4 (Korea Bizwire) — South Korea’s investment in startups sank more than 17 percent in the first half of the year due to the coronavirus outbreak, government data showed Tuesday. A total of 1.65 trillion won (US$1.38 billion) was invested in promising venture firms and startups in the January-June period, down 17.3 percent [...]
SEOUL, July 21 (Korea Bizwire) — An accelerator for tech startups operated by Naver Inc., South Korea’s largest internet portal operator, said Tuesday it has made new investments in two promising tech startups. Naver’s D2 Startup Factory, also known as D2SF, said it has selected the two startups that have expertise in developing solutions that [...]
SEOUL, July 6 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong on Monday vowed support for startups in another on-site visit amid global uncertainties. Lee, the de facto leader of South Korea’s top conglomerate, Samsung Group, visited the tech giant’s startup incubation center in Suwon, south of Seoul, and encouraged workers at its in-house [...]
HONG KONG, CHINA, June 26 (Korea Bizwire) - If you have ever been called a “jack-of-all-trades,” you can rest assured the phrase “master of none” isn’t far behind. At the very least, it is often implied. But how relevant is this old saying in today’s business world? Unless you are a jack-of-all-trades who works in an [...]
SEOUL, April 20 (Korea Bizwire) — More businesses in the IT and startup industry are opting to check consumer demand first before manufacturing products and services as the number of active consumers is on the increase. This way, businesses can effectively reduce the risk of failure and minimize opportunity costs. Class 101, an online education [...]
SEOUL, March 23 (Korea Bizwire) — The employment effect of unicorn companies and prospective unicorn companies with a value of more than 1 trillion won (US$781 million), which the government has committed to supporting, has been slowing down. While the number of employees recruited is increasing, some point out that the number of employees who [...]
SEOUL, March 12 (Korea Bizwire) — While the novel coronavirus outbreak is spreading at a rapid pace in Korea, Korean startup firms are also seeing their own technologies shine. Vodacom, a startup specializing in telecommunication platforms, decided to provide its “Video Help Me” (Videohelp.me) service free of charge until May for public institutions, small and [...]
DAEJEON, Jan. 22 (Korea Bizwire) — Young South Koreans are pioneering the use of vacant land near expressways to start agricultural businesses. The Korea Expressway Corp. (KEC) will distribute 3,800㎡ of land near Daejeon Southern Ring Expressway’s Annyeong Tollgate to student members of the Agricultural Startup Committee at Chungnam National University to develop agricultural startups. [...]
SEOUL, Nov. 26 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will expand support for local startups with promising technologies to explore new business opportunities and create synergy. The Korean tech giant introduced 18 startups selected as part of the C-Lab Outside program during a Demo Day event at its Seoul R&D campus, which [...]