Naver's founder Lee Hae-jin, returning as chairman, will visit Silicon Valley to enhance AI investments and establish Naver Ventures for broader investment strategies in North America.
KAIST plans to open a campus in California's Silicon Valley, partnering with security company IDIS to create a campus that will focus on offering career-focused education.
For any country to not repeat this situation, market and regulatory disciplines must be harmoniously established to avoid planting seeds of a new crisis.
This is an era when the SVB collapse can cause Korean wine aficionados to close their wallets across the Pacific.
The failure of Silicon Valley Bank (SVB) has had little impact on the financial markets in Korea given the swift and decisive response in the United States and a lack of exposure to the financial institution.
I hope someone in this government is planning to create an environment that will facilitate competition in innovation.
Seoul City is holding an investor briefing in Silicon Valley in the United States to provide insight into new businesses and investment opportunities in the Korean capital.
Lotte Ventures, which develops and fosters start-ups, will spend 3 billion won ($1.6 million) to help start-ups enter overseas markets.
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