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Esports Organizations in Korea – A Complete Overview
South Korea is the birthplace of Esports. Competitive gaming has been around since the 1980s. However, true Esports which included pro-gamers, sponsors, and huge spectatorship really exploded thanks to Starcraft and its expansion pack Starcraft: Brood War. This game was massively popular in South…
Incheon Startup Park – Landmark of Innovation Growth
Shinhan Financial Group hosted an MOU ceremony along with the Ministry of SMEs and Startups, the Incheon Metropolitan City, and Celltrion. They aim to build an ecosystem for innovative startups through Incheon Startup Park. In addition, Shinhan will create a top-tier, one-stop platform in Korea…
KITA Open Innovation Program – Cases of Excellence
KITA is the first private project that supports startups by establishing their proof of concept (PoC). Furthermore, they offer startups their first gateway to successful sales. They do this by offering the multipurpose facility of COEX as a testing site for the Fourth Industrial Revolution…
The Space Program in South Korea Continues to Grow
What SpaceX has shown us is that there is value in exploring space. South Korea also agrees which is why they spent over $550 million in 2021 on space activities such as producing satellites (half the budget), an integrated satellite data management system, rockets, and other key equipment. In…
Korean startups developing AI for Manufacturing Industries
More and more companies in Korea in the manufacturing industry are using AI technology to increase productivity and efficiency. There are also startups in Korea developing AI for manufacturing industries to help with product quality, smart maintenance, automation, etc. Therefore, AI technology can…
Fastest Growing Marketing Startups in Korea
South Korea has a very large advertising market with around $10 billion in advertising spending a year. Most are from the top conglomerates such as Samsung, Hyundai, and LG. In addition to Korea's top tech companies like Naver, Kakao, SK, and KT. According to several industry sources, the Korean ad…
