South Korea’s tech news headlines in March of 2023 spanned subjects including improved Korea-Japan relations in semiconductor technology, the South Korean government’s commitment to space technologies, and more. Hit the headline links below to read each article in full, online.
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Korea Startup Grand Challenge 2023 – applications now open
- South Korea: Sapeon semiconductor chip firm, backed by SK Telecom, memory-chip producer SK Hynix and SK Square, announces fundraising effort with valuation above $400M
- South Korea: Gov’t to boost the country’s space industry with initial investment of near $40M
- South Korea: Samsung Electronics to invest $230BN over 20 years to build 5 semiconductor plants, aiming for world’s largest facility with advanced fabrication, 150 firms producing materials, R&D and more
- North Korean hackers modify tactics to use polished LinkedIn profiles and WhatsApp to target security researchers, posing as recruiters to send hacks disguised as offer documents
“The government itself plans to pitch in $19 billion for R&D, $275 billion for chip packaging and $76 billion for infrastructure. Korea’s industry ministry said the efforts would allow the country to ‘leap forward as a high-tech industrial superpower.'”
- Hackers including North Korean APT groups found to be renting online cloud-based services to mine crypto, producing ‘clean’ bitcoin minus blockchain-based connections used in law enforcement tracing
- Malaysia’s CelcomDigi and South Korea’s SK Telecom ink MoU to develop Malaysia’s metaverse ecosystem, looking at verticals to work on including education, health, retail and entertainment
- Japan lifts export controls on South Korea relating to materials for semiconductor and display production, following Seoul’s withdrawal of WTO litigation
Deloitte: 2023 Semiconductor Industry Outlook
Asia’s tech news headlines
Our other news editions go out on a range of platforms and channels, and across a range of timeframes, highlighting key tech news from across Asia and the Indo-Pacific, and showcasing the region’s startups and technology developments:
