As machine learning and AI technology continue to advance, businesses worldwide require increased computing power and memory bandwidth. AI semiconductor chips offer parallel computing capabilities that are in high demand. The semiconductor industry is one of Korea’s leading industries driving economic growth in exports, investments, and production. It accounts for over 20% of Korea’s total exports. SK Hynix and Samsung dominate the AI semiconductor industry in Korea, but some fabless AI semiconductor startups in Korea focus on creating AI semiconductors. Korean startups developing AI semicondu ..read more

The future is AI Technology. Top entrepreneurs like Elon Musk and Mark Zuckerberg have been talking about the potential value and harm of true AI. AI represents a major leap forward in how computers can learn independently. In South Korea, a vast majority of jobs are jobs that require little creativity and a lot of manual repetition. These jobs include retail, customer support, and factory jobs. Currently, many computers can perform a particular task over and over again. Therefore they can learn as they go. However, is this really AI? Or rather, is it just machine learning? It is difficult to ..read more

Undoubtedly, agriculture is one of the most fundamental industries on our planet. It provides food, fuel, and raw materials for a growing human population. Much of modern society would cease to exist without it. However, as the demands of this booming global population continue to increase, traditional farming methods will become increasingly unsustainable. For this reason, many experts predict that the future of agriculture lies in autonomous systems and indoor growing techniques. Agri-tech startup HerbiaEra offers a turnkey solution with their substrate that helps grow a greater variety of p ..read more

As anyone who owns a car knows, the current vehicle inspection process is not only slow, costly, and prone to fraud but also very manual and inefficient. There needs to be a better solution that addresses these issues. Inspektlabs has created a solution with their video-based guidance app that allows for identifying and verifying damages from multiple perspectives rather than a single photo.  Video-Based Guidance App using Computer Vision  The video-based guidance app created by Inspektlabs uses AI, computer vision, and cutting-edge imaging technologies to automate vehicle inspectio ..read more

The Korean government has been behind the push for the increase in robotics and drone technology. Drones are currently used for many things, such as disaster relief (COVID), agriculture, repairs, and logistics. In addition, Korea has a growing interest in personal drones used for recreation. However, most of the discussion is between government organizations in Korea and Korean logistics companies promoting the drone industry in South Korea. Currently, China is leading the world in drone manufacturing. However, South Korea has the potential to show the world in terms of drone innovation. Drone ..read more

The Korea International Trade Association, KITA has been around for over 70 years. KITA is the top association for Open Innovation in Korea. They aim to advance the Korean economy through trade. It is currently the biggest business organization in Korea, with over 75,000 member companies. Therefore, KITA has a huge role in helping companies that wish to trade globally and helping global companies that are looking to trade with Korea. In addition, they help with formulating new trade strategies, mentor trade professionals, support open innovation in Korea, and build a solid trading infrastructu ..read more

Healthcare is one of the most fundamental human rights, yet people in many parts of Asia are not getting the most effective healthcare from their providers. One important factor contributing to this disparity is the lack of democratization and digitization in healthcare systems. Digital technologies in health systems can improve the accuracy and efficiency of diagnoses, streamline communications between patients and providers, and promote broader public health campaigns across communities. Startup MixCare Health has created a health and wellness digital platform for insurance companies and ent ..read more

The gaming industry is growing at a very fast pace throughout the entire world. Experts believe it will reach over $300 billion by 2025. People debated for years whether the gaming market would focus on consoles, virtual reality games, PCs, or mobile games. The trend has changed and seems to settle as mobile games. So how is the mobile gaming market in South Korea shaping up? This will be a full breakdown of the mobile gaming market in Korea, which we will continue to update. South Korea is very famous for its gaming culture. South Koreans have shown their love and skills in gaming through Sta ..read more

A smart city uses technology to improve the quality of life of its citizens. This can include everything from reducing crime and traffic congestion to increasing the efficiency of city services. In recent years, there has been a growing interest in South Korea regarding smart cities, as they offer several advantages over traditional cities. KIOT, an IoT startup in Korea that offers AI solutions for smart cities, is getting a lot of attention from businesses and the Korean government as Korea looks to be at the forefront of the 4th industrial revolution. They offer cost-effective edge solutions ..read more

There is an increasing need for clean and green solutions to lower emissions following The Paris Agreement. This has led to the rise in the EV and hydrogen markets which are both forecast to grow in the coming years to go carbon neutral. One of the top trending markets not just around the world but also in South Korea is the green hydrogen market. HEZ, a startup in Korea, is one of the few startups focused on using green hydrogen to reduce vehicle greenhouse gas emissions.  What is Green Hydrogen? Green hydrogen is when hydrogen is produced by splitting water using electrolysis. By doing ..read more