Korea Economic Daily

Seoul Business Agency (SBA) Presents "Tech Hub Seoul" Vision in CES 2023 "Effectively inform the global stage about Seoul's technology and innovation"

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Monday, January 9, 2023
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They presented Seoul's vision for the future and promoted its world-class innovative technology for the global market.

Key Points: 
  • They presented Seoul's vision for the future and promoted its world-class innovative technology for the global market.
  • Seoul Pavilion operated two exhibition halls: "Seoul Tech Pavilion," in the CES' main exhibition center, LVCC North Hall, and "K-Startup Pavilion" in Eureka Park, the exhibition venue for global startups.
  • In addition, they held numerous on-site events, such as open-tech pitches of participating companies, Smart City Seoul Forum, and global media interviews.
  • SBA held an "Vision Announcement Ceremony" to show off 'Amazing Seoul' at CES 2023 Seoul Tech Pavilion, on January 5th at 1 p.m.

Deep Bio Selected as 'Korea AI Startup 100' for Two Consecutive Years

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Friday, October 21, 2022
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SEOUL, South Korea, Oct. 21, 2022 /PRNewswire-PRWeb/ -- Deep Bio, a pioneer in medical AI for digital pathology and cancer diagnostics support software, announced that it has been selected as one of the promising AI startups in the 'Korea AI Startup 100' list for the second time in a row.

Key Points: 
  • 'Korea AI Startup 100', an annual accelerator project cohosted by the Korea Economic Daily and AI One Team, an Industry-University-Research Council, discovers promising Korean AI startups.
  • After three rounds of evaluation, Deep Bio was selected as one of the finalists of the Korea AI Startup 100 in the healthcare industry.
  • This opportunity once again becomes motivation for our company to advance our AI capability that can contribute to the society," said Sun Woo Kim, the CEO of Deep Bio.
  • Deep Bio Inc. is an AI healthcare company with in-house expertise in deep learning and cancer pathology.

STAT and Bloomingbit Launch ‘Top Trader NFT’

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Friday, July 29, 2022
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The service supports the issuance and auction of the subscription Top Trader Cards (NFTs) for traders with excellent performance whom Bloomingbit and STAT selected.

Key Points: 
  • The service supports the issuance and auction of the subscription Top Trader Cards (NFTs) for traders with excellent performance whom Bloomingbit and STAT selected.
  • If you win an NFT from Top Trader Drops, you can subscribe to the real-time portfolio, trading history, and various informational content of the trader who issued the corresponding NFT.
  • Earlier in November of last year, Bloomingbit and STAT publicly recruited five 'Top Traders' who wished to issue the world's first Top Trader cards.
  • Top Trader NFT holders can also resell their trader cards in major NFT markets, including Open Sea.

Hankyung.com's introduces: Cost effective K-beauty products, SMEs whose exports jumped 125% in two years

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Wednesday, March 9, 2022
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Founded in 2013, Goshen Korea is a small and medium-sized company with a capital of 100 million won and 17 employees.

Key Points: 
  • Founded in 2013, Goshen Korea is a small and medium-sized company with a capital of 100 million won and 17 employees.
  • It exports 150 cosmetic brands to 40 countries and promotes Korean cosmetics around the world.
  • Currently, Goshen Korea is mainly distributing Korean cosmetics to Overseas store, specializing in cosmetics and health and beauty (H&B) store.
  • Exports amounted to $9,731,973 (about 11.5 billion won) in 2017, and increased to $16,095,337 (about 19.05 billion won) in 2018 and $21,986,652 (about 26,98 billion won) in 2019.

Hankyung.com's introduces: Hanteo Global got attention at the CES with their K-pop Business Model

Retrieved on: 
Thursday, March 3, 2022
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Their main services include the real-time music chart "Hanteo Chart" and a mobile application "Whosfan," and the company is also operating Hanteo News and Whosfan Cafe.

Key Points: 
  • Their main services include the real-time music chart "Hanteo Chart" and a mobile application "Whosfan," and the company is also operating Hanteo News and Whosfan Cafe.
  • Furthermore, they applied the HATS (Hanteo Aided Tracking System) model, which creates global album charts by directly authenticating K-pop fans.
  • They promoted the excellence of K-pop and attracted visitors' attention with their differentiated technology and strong business model.
  • An official from Hanteo Global said, "We had an obligation to show the status and excellent business model of K-pop at international fairs.

Hankyung.com introduces: "The excellence of K-beauty, the US and Europe recognized it first"...Cosmelab expands to the world

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Friday, February 25, 2022
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Cosmelab CEO Jin-young Park during an interview with the Korean Economic Daily at Cosmelab's headquarters on Jan. 25.

Key Points: 
  • Cosmelab CEO Jin-young Park during an interview with the Korean Economic Daily at Cosmelab's headquarters on Jan. 25.
  • Last year's Korean cosmetics exports showed off their power by exceeding $7 billion amid the coronavirus infection (COVID-19).
  • This is not limited to large firms that you know just by hearing their names in Korea.
  • He said, "This year, we exported 7,000 sets of our self-esthetic mask series to Europe alone and shipped 20,000 sets around the world."

Global Environmental Concerns Drive New Era for EV's and Batteries

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Monday, November 8, 2021
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Supportive government policies and regulations, rising environmental concerns, decreasing prices of batteries, and advancements in charging technologies are some key factors expected to drive market revenue growth.

Key Points: 
  • Supportive government policies and regulations, rising environmental concerns, decreasing prices of batteries, and advancements in charging technologies are some key factors expected to drive market revenue growth.
  • Vigeo Eiris, an arm of Moody's Corp., makes independent assessments of organizations' goals and performance against environmental, social and governance matters.
  • Guided by aggressive environmental and social goals, a significant portion of related financing will go toward accelerating Ford's leadership in electric vehicles.
  • This form factor has significantly less available volume to house batteries that can provide enough energy to run compute-intensive platforms.