Startup Spotlight
Nothing found.
Latest News
ChatGPT in Korea is Changing Work for Startups
The world of work is changing rapidly, and startups are leading the charge. With the advent of artificial intelligence (AI), companies are using technology to streamline their operations and enhance productivity. This is particularly the case with startups in Korea. Many Korean startups are using…
Why It is the Perfect Time to Start a Startup in Korea
How will launch Korea into recovery post-COVID-19? Entrepreneurship and startups. Some might remember the first Forrest Gump. After a massive hurricane, the whole fishing industry was crushed, however one small fishing boat survived and ended up dominating the market. Some Koreans have had their…
Virtual Global Accelerator Program by Accrete and Hanyang University
Accrete Innovation has partnered with Hanyang University to help startups enter the Southeast Asian market. Southeast Asia is a massive market. Even with the pandemic, the Southeast Asian market is estimated to grow at a rate of 5% every year. Countries like Singapore, Indonesia, Malaysia, the…
Korean Cosmetic Industry – Overview of the K-Beauty Market
Due to the rise in demand for K-Beauty products in the United States and Asia, exports of cosmetics in Korea went up 16% in 2020 to $7.5 billion. The data was collected by the Korea Customs Service and the Korea Cosmetic Association. This means that South Korea is currently the 9th largest…
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…
