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Local conglomerates invest more than US$ 900 mil. in startups for 4th industrial revolution: Report

2018-11-21 0 Dailymotion

Over the past three years,... South Korean conglomerates have invested close to a billion U.S. dollars in startups involved in sectors considered part of the Fourth Industrial Revolution. <br />CEO Score says that,... between 2015 and the third quarter of this year,.... 53 conglomerates have invested a combined nine-hundred million dollars in 2-hundred-10 startups engaged in big data, artificial intelligence and other fourth industrial revolution related sectors. <br />The amount only covers equity investments, excluding... M&As and overseas corporations. <br />The company with the largest number of investments made was Naver Corporation, to 51 startups,... followed by Hyundai Motor and SK Telecom. <br />

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