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Clova by Naver – The Siri of South Korea
The AI technology sector in Korea is on the rise. AI is now incorporated into smartphones via virtual assistants such as in the case of the iPhone's Siri. South Korea has its own "Siri" and it is CLOVA, a virtual assistant developed by Korean Internet giant Naver. Most global IT companies have…
The Electric Vehicle Industry in Korea – 3 Million EVs by 2025
The South Korean government plans to invest heavily in the electric vehicle (EV) industry in the coming years. The electric vehicle industry in Korea is in massive growth thanks to the support of the government. They will be incorporating the same low-emission subsidy/tax credit strategy used by…
How Coupang Continues to Succeed Despite Being Unprofitable
Many investors, mentors, and advisors in Korea will tell you that sales/profits are everything for a startup. Turning a profit shows that you have succeeded and it is what every business should strive for. Or is it? Most businesses exist to make money, so why is it that some of the biggest…
Top Fabless Semiconductor Startups in Korea
As machine learning and AI technology continue to advance, businesses all around the world require increased computing power and memory bandwidth. AI semiconductor chips offer parallel computing capabilities that are in high demand. The semiconductor industry is one of Korea's leading industries…
Mycovation harnesses Mycelium to produce Better food
As the world struggles with food security and nutrition challenges, there is growing acknowledgment that our current food system is broken and unsustainable. The current system relies heavily on industrial agriculture practices that involve large-scale monoculture farming methods and heavy use of…
