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Incheon Startup Park – Landmark of Innovation Growth
Shinhan Financial Group hosted an MOU ceremony along with the Ministry of SMEs and Startups, the Incheon Metropolitan City, and Celltrion. They aim to build an ecosystem for innovative startups through Incheon Startup Park. In addition, Shinhan will create a top-tier, one-stop platform in Korea…
KITA Open Innovation Program – Cases of Excellence
KITA is the first private project that supports startups by establishing their proof of concept (PoC). Furthermore, they offer startups their first gateway to successful sales. They do this by offering the multipurpose facility of COEX as a testing site for the Fourth Industrial Revolution…
Top 10 Richest People in South Korea
Forbes recently came out with its latest richest people in the world list. The combined net worth of the 10 richest South Koreans now stands at a little over $60 billion in 2020. Compare this to Jeff Bezo's net worth of $113 billion. South Korea's top billionaires have taken a hit due to the…
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…
