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March 2024: South Korea

South Korean tech in March 2024 covered items including: Samsung ending the sale of used semiconductor manufacturing equipment to China; Jeju Island’s bid for NFTs as a tourism-boosting technology; LG’s moves into the robotics sector; Hyundai’s $51 billion investment in electric vehicles; and more.

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South Korea National Cyber Security Strategy

South Korea: National Cybersecurity Strategy

  • South Korea: An intro to InHandPlus Inc’s Doctor on Wrist smartwatch, integrating AI tech powered by ChatGPT to personalize recording and management of medication, dietary information, lifestyle data and more / read it here
  • “North Korean hackers breached at least two South Korean microchip equipment companies in recent months, stealing product design drawings and facility site photos…” / read it here
  • South Korea: Jeju Island proposes use of NFTs and blockchain tech to spark growth in tourism, agriculture, livestock and fisheries sectors / read it here
  • South Korea: China’s PonyAI driverless vehicles firm inks JV with Korea’s GemVaxLink to deploy a fleet of autonomous vehicles in Seoul, initially for ride-hailing services / read it here

A brief video intro to Dilly, last-mile, door-to-door delivery robot recently approved for sidewalks

  • South Korea’s Samsung Electronics and SK Hynix have ceased sales of used chip fabrication equipment to Chinese entities, in adherence with US export curbs / read it here
  • South Korea’s LG Electronics invests $60M in Bear Robotics, US firm specializing in AI-driven autonomous service robots, part of a transition for the company towards software-defined robots / read it here
  • Samsung is set to receive $6BN from the US gov’t with plans for a second chip manufacturing facility in the US, adding to chip project already underway in Texas / read it here
  • South Korea: Rebellions AI chip firm preps for mass production of energy-efficient ATOM chips with Samsung as manufacturing partner for 5nm tech in H1 2024 and 4nm in H2 / read it here
  • South Korea: A brief overview of the recent ‘K-Startup and OpenAI Matching Day’ that took place in Silicon Valley, with 10 Korean startups set to gain from OpenAI support / read it here
  • South Korea: More on Rebellions AI chip-maker, partnered with Samsung and Korea Telecom and aiming to be ‘Korea’s NVIDIA’ for specialized processor chips / read it here
Asia-Pacific Semiconductor Trends

Deloitte: Asia-Pacific Semiconductor Industry Trends

  • South Korean Gov’t joins Extreme Tech Challenge and UN Development Programme for ‘Peace, Justice & Inclusive Society Startup Competition’, to align tech innovation with Sustainable Development Goals / read it here
  • South Korea’s cloud firm, MegazoneCloud, lands solutions role with Europe’s Terra Quantum, looking to develop quantum and deeptech applications for Asia and South Korea / read it here
  • European Union and Republic of Korea to collaborate on research and innovation in semiconductors, with projects set for selection in June for commencement by year-end / read it here
  • South Korea’s DCamp startup ecosystem builder and Uzbekistan’s IT Park discuss collaboration, investment opportunities and more / read it here
  • South Korea: Hyundai Motor Group to invest $51BN in EVs to year-end 2026, hiring 80K employees and boosting R&D on software-defined vehicles and battery technologies / read it here
  • India: Samsung Semiconductor India Research unveils R&D facility in Bengaluru / read it here
  • AsterX 2024 Military Space Exercise took place in France, with Japan and South Korea taking part for first time, likely heralding future presence in European, NATO and US bids to boost cyber defense / read it here
NBR Securing Semiconductor Supply Chains

NBR: Bolstering and Securing Semiconductor Supply Chains

  • National Incubation Center of Cambodia launches, sited in Royal University of Phnom Penh, to build tech skills in the Kingdom’s youth, with key startup relationship in place with South Korea / read it here
  • South Korea’s GLN expands QR payments to the Philippines in partnership with Asia United Bank, enabling the QRPh cross-border payment service for visitors to the Philippines / read it here

‘Honda and Nissan have put aside the “traditional approach” of fierce rivalry to join forces and work together on electric vehicle technology as Japan’s carmakers try to catch up with Chinese competitors.’ / read it here

  • Vietnam: South Korea’s smart farm firm, Avalve, inks MOUs to bring AI-optimized agriculture to Vietnam / read it here
  • Mobile network speeds: “Asia Pacific markets saw an improvement of 5.2Mbps on average — India, Malaysia and South Korea saw the highest speed increases… of 36.1Mbps, 17.9Mbps and 14.8Mbps, respectively.” / read it here
Critical technology global news March 2024

Critical technologies, globally: News in March 2024

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