South Korea stories

FedEx and Junior Achievement reveal the winners of the 2024 International Trade Challenge in Singapore, spotlighting innovative student ideas for a circular economy.

JLL facilitated the sale of Hanam Data Center for IGIS to Macquarie Korea Infrastructure Fund, marking South Korea's first stabilised hyperscale data center transaction.

Acronis' H1 2024 Cyberthreats Report reveals a 293% surge in email attacks and a 32% rise in ransomware, warning SMBs and MSPs of heightened cyber risks.

Alipay+ boosts global reach, extending services to 90 million merchants in its 2024 summer campaign, driven by a 27% transaction surge during UEFA EURO 2024.

A report by F5 reveals that 20% of APAC organisations are turning to AI/ML to tackle rising API security threats, with businesses prioritising strong cybersecurity measures.

Cybersecurity firm Acronis has identified a staggering 293% increase in email cyberattacks during the first half of 2024 compared to 2023.

Snom Technology collaborates with Cal4Care Group to expand its VoIP market reach in Singapore, Malaysia, and Thailand, eyeing rapid growth in the Asia-Pacific region.

Aleph Group has completed its acquisition of Entravision Global Partners, expanding its reach in over 140 countries and enhancing access to key digital platforms.

Experts have underscored the urgency of addressing AI safety, particularly given its burgeoning use in cyber warfare. Alongside these discussions, the UK government launched the AI Safety Institute's new evaluation platform, Inspect, aimed at ensuring the safe innovation of AI models.

Actis launches Epoch Digital to bolster Asia's data centre capacity with sustainable solutions, starting with projects in Taiwan, Malaysia, and South Korea.

The HTM market, valued at USD $8.2 billion in 2024, is predicted to hit USD $33.1 billion by 2034, driven by advances in medical tech and efficient equipment management.

The Ipsos survey has revealed a stark divide in AI sentiment across the Asia Pacific, with high enthusiasm in China but notable scepticism in New Zealand.

A KPMG Asia Pacific and GS1 report reveals seamless retail as a baseline expectation, highlighting trends like AI, digital payments, and sustainability in APAC's transformation.

Colt Technology Services is set to invest EUR €100 million to expand into six Asian markets, aimed at boosting digital infrastructure and cloud adoption in the APAC region.

Surge in global deepfake incidents sees UK among the most-targeted nations as Sumsub reports a 245% annual rise, with elections exacerbating the issue.

Forrester's new report predicts global online retail sales will soar from USD $4.4 trillion in 2023 to USD $6.8 trillion by 2028, with key disparities between regions.

Alibaba Cloud announced an ambitious expansion at its Global Summit in Paris, including new cloud regions in Mexico and Asia, and unveiled a generative AI platform.

Australia’s AI innovation surpasses Asia Pacific, buoyed by strong tech infrastructure and initiatives like the brain-scale supercomputer DeepSouth.

Celonis names Pascal Coubard as VP for Australia and New Zealand, enhancing leadership in the APAC region and driving growth in key markets.

FPT Software and Mendix have partnered to amplify low-code solutions in South Korea and Japan, aiming to cut costs and speed up time-to-market for clients.