Why it matters: Legal teams traditionally rely on contract lifecycle management (CLM) tools, which require manual document digging for insights. Ivo believes that CLM products will be supplanted by a new era of AI-native platforms that transform contract data into enterprise-wide intelligence.The bi

Samsung Fire & Marine Insurance announced on June 11 that it has entered into a major agreement to invest an additional $570 million in Lloyd’s Lloyd’s Canopius, a London-based insurance and reinsurance company operating globally.This investment marks the third phase of capital infusion, following p

Korea Aerospace Industries (KAI) announced on June 11 that it has signed an investment agreement with DBrain, a company specializing in advanced core technologies for small unmanned aerial vehicles (UAVs), the day prior. Through this investment, KAI has secured a 37.04% stake in DBrain, establishing

Samyang Foods is setting the stage for a new era of growth by fortifying its core infrastructure for global market penetration. On June 11, Samyang Foods inaugurated its new Milkyang Plant 2 in the NaNo Convergence National Industrial Complex in Bubuk-myeon, Miryang City, Gyeongnam, marking the begi

On June 11, Celltrion has announced the presentation of preclinical results for its antibody-drug conjugate (ADC) candidate, CT-P73, at the World ADC Asia Summit, held from June 10 to 12 at the Grand Hyatt in Incheon. This conference brings together experts in the ADC field to share the latest techn

On June 11, CJ CheilJedang has announced the start of sales of its Bibigo frozen tteokbokki through Kroger, one of the largest retail chains in the United States, marking a significant push to expand its presence in the North American market.Following the debut of ambient store-bought tteokbokki at

On June 10, LG Chem held the 20th LG Growth Study (LGS) Symposium, targeting pediatric endocrinologists, during which it disclosed interim findings from a long-term observational study of its growth hormone, Yeutropin.The presentation primarily focused on safety data after 12 years of treatment and

June 11, 2025 — SK AX announced it has entered a strategic alliance with global software leader SAP to co-develop and expand the adoption of an AI-powered, next-generation Enterprise Resource Planning (ERP) system worldwide. The partnership was officially unveiled at this week’s SAP Sapphire confere

June 11, 2025 — SK On announced that its CEO, Lee Seok-hee, delivered a special lecture to faculty and graduate students at Korea Advanced Institute of Science and Technology (KAIST), highlighting the future outlook of the battery industry and the importance of technological talent.The lecture took

June 11, 2025 — Daewoong Pharmaceutical announced today its strategic partnership with Salipro Biotech, a Swedish life sciences company, to collaborate on the development of innovative new drugs. The two companies signed a memorandum of understanding (MoU) to jointly advance research in this cutting

June 11, 2025 — JW Pharmaceutical announced today that its latest finished pharmaceutical product, formulated with the company's self-developed and synthesized antibiotic raw material, Ertapenem, has received approval from China's National Medical Products Administration (NMPA).The product i

Lotte Wellfood's premium ice cream product, the Krunch Bar, has quickly gained popularity in the Indian market. Launched in March, the product is a localized version of Korea’s iconic ice cream, ‘Pig Bar,’ and has been well received due to its unique taste, structure, and effective K-culture mar

South Korea’s digital revolution depends heavily on building high-availability network infrastructure that underpins the growth of cryptocurrencies and AI. As the market continues to expand rapidly, with daily transaction volumes exceeding $10 billion, Korea is solidifying its position in the global

June 10, 2025 – Aave, the leading decentralized finance (DeFi) liquidity protocol, has successfully deployed on Soneium, a new Ethereum Layer 2 developed by Sony Block Solutions Labs, a joint venture between Sony Group and Startale Group.This marks a strategic expansion for Aave into a consumer-focu

Futurenuri (CEO Choo Jeong-ho), the company specializing in library and education solutions, developed an ‘AI Inference Service Platform (tentative name: Futurenuri.ai FAI) using Small Language Model (SLM) and Agentic RAG technology’ and presented an AI service optimized for the library environment

KOTRA, led by President Kang Kyung-sung, has initiated a "Trade Structure Innovation Task Force" to strategize for an era aimed at achieving $1 trillion in exports. The first plenary meeting of this task force took place on the 10th.Directly overseen by President Kang, the task force was established

Doosan Enerbility is expanding its order portfolio in the global gas-fired power plant construction market.The company announced on June 9 that it has signed a contract worth approximately 900 billion won (about $770 million) for the construction of the O Mon (O Mon 4) gas-fired combined-cycle power

SK Hynix announced its strategic plans for next-generation DRAM technology at the IEEE VLSI Symposium 2025 held in Kyoto, Japan, showcasing a forward-looking innovation blueprint for the next 30 years.The symposium, running from June 8 to 12, featured SK Hynix's keynote speech on June 10 (local

LG Uplus announced that it has received the prestigious international certification for responsible AI management, ISO/IEC 42001, on June 10. This achievement signifies LG Uplus's commitment to transparent and trustworthy AI service provision and aims to further enhance its competitive edge in t

Hanmi Pharmaceutical announced on June 10 that it will participate in ADA 2025, the upcoming American Diabetes Association Conference to be held from June 20 to 23 in Chicago. The company plans to unveil a total of six preclinical and clinical research results related to its next-generation triple-a