South Korea

2025.06.19

16:23

South Korea said to investigate fee levels of crypto exchanges such as Bithumb, Upbit

South Korea's Financial Services Commission (FSC) is reportedly planning to investigate the fee levels of major domestic cryptocurrency exchanges to assess whether current fees impose an excessive burden on users and to explore the necessity of policy intervention.

2025.04.23

17:36

Chinese Embassy again reminds Chinese nationals in S. Korea to be cautious of filming with drones or cameras

The Chinese Embassy in South Korea on Wednesday once again reminded Chinese nationals in the country to be cautious of using drones or cameras for filming.

2025.02.10

14:08

Temu said to prepare for direct entry into Korean market

Temu, a subsidiary of Chinese e-commerce giant Pinduoduo, appears to be preparing for its direct entry into the South Korean market, according to Yonhap News Agency.

2024.11.06

09:32

South Korea's over 90% of SMEs yet to use AI technology, survey shows

Asia Tech Wire (Nov 6) -- Over 90% of South Korea's SMEs are not yet using AI technology, according to a new survey released by the Korea Federation of Small and Medium Business (KBIZ).

2024.11.05

03:32

Meta fined $15.65mn in S. Korea for allegedly illegal collection of personal information

Asia Tech Wire (Nov 5) -- South Korea's Personal Information Protection Commission (PIPC) decided at a meeting on Monday to impose an administrative fine of 21.6 billion won ($15.65 million) on U.S. Internet company Meta Platforms Inc. for violating the country's Personal Information Protection Act.

2024.11.04

03:52

South Korea proposes legislation to ban smartphone use in primary, secondary schools

Asia Tech Wire (Nov 4) -- South Korea is considering legislation to ban the use of smartphones and other electronic devices in primary and secondary schools, South Korean media reported Sunday, citing concerns that excessive use of cell phones by students could create dependence and jeopardize mental health.

02:58

SK Telecom to build AI infrastructure

Asia Tech Wire (Nov 4) -- South Korea's SK Telecom on Monday announced plans to accelerate the company's artificial intelligence development by building the "AI infrastructure superhighway".

2024.11.01

06:27

SK Innovation completes merger with SK E&S

Asia Tech Wire (Nov 1) -- South Korea's SK Group announced that it has completed the merger of SK Innovation and SK E&S, officially launching a merged corporation on Friday.

2024.10.21

06:23

KG Mobility, Chery partner to develop future mobility technologies

Asia Tech Wire (Oct 21) -- South Korean automaker KG Mobility on Monday announced a strategic partnership with China's Chery Automobile to develop future mobility technologies.

2024.10.17

05:48

S. Korea to spend $6.4 billion to promote Yongin semiconductor cluster

Asia Tech Wire (Oct 17) -- South Korea will invest 8.8 trillion won ($6.4 billion) to promote the Yongin semiconductor cluster.

2024.10.16

03:13

Temu sees most new app downloads in South Korea for September

Asia Tech Wire (Oct 16) -- Temu, a cross-border e-commerce platform owned by Chinese e-commerce giant Pinduoduo, saw the most new app downloads in South Korea for September.

2024.10.14

06:39

South Korea's semiconductor exports hit record high of $13.63 billion in September

Asia Tech Wire (Oct 14) -- South Korea's semiconductor exports hit a record high of $13.63 billion in September, according to the latest data from the country's Ministry of Science and ICT (MSIT).

2024.10.10

03:40

South Korea passes amendment to law on sexually explicit deepfakes

Asia Tech Wire (Oct 10) -- The South Korean government on Thursday voted to amend the Sexual Violence Punishment Act, which deals with crimes involving sexually explicit deepfakes.

2024.10.09

08:30

South Korea's imported EV registrations plummet 40% in Aug-Sept

Asia Tech Wire (Oct 9) -- The number of registered electric vehicles imported into South Korea in the past two months has plummeted by 40% compared with the same period last year, according to the latest data.

2024.09.12

07:14

U.S. reportedly negotiating with allies, including S. Korea, to limit HBM exports to China

Asia Tech Wire (Sep 12) -- The U.S. is negotiating with allies, including South Korea, to limit exports of high-bandwidth memory (HBM) to China, according to several South Korean media reports.

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