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Smart Factories in Korea – The Governments Plans the Future
South Korea has embraced the 4th industrial revolution. One of the main areas will be for smart factories in Korea. South Korea aims to build 30,000 smart factories by 2022. The South Korean government created a support program to convert old factories into carbon-neutral smart factories. Those…
BMW Korea – The 2nd Most Imported Car Brand in South Korea
BMW has found great success in South Korea. After establishing BMW Korea, they are now the 2nd most imported car brand in South Korea. They sold over 69,000 units in 2020 and that number is expected to grow in 2021. BMW Korea has been able to find great success in Korea because of its premium…
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Robotics Startups in Korea at the Forefront of Innovation
Will robots replace the human workforce? It seems inevitable as they are becoming increasingly prevalent in almost every industry. They can be found in manufacturing, education, and even healthcare. This is thanks to the advancement in engineering, science, and AI which have helped produce…
SaaS Startups in Korea Offering Business Solutions for Retail
SaaS (Software as a Service) startups are on the rise as more and more customers use the web for their work. SaaS products and services allow users to access their account from any device to continue their work. What makes SaaS so popular is that users don't have to install software on each of…
Voice AI startups in Korea developing Speech Recognition Technology
The use of AI technology and machine learning continues to grow so does the amount of connected devices consumers and businesses can choose from. The core technology behind these connected devices is speech and voice recognition. It is estimated that the global voice recognition market will hit $30…
Latest News
Will Bank of Korea Launch Digital Currencies in Korea?
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