‘Copycat Controversy’ as Korean startup Algocare accuses Lotte Healthcare of technology theft
2023년 01월 19일

A copycat controversy has erupted in the Korean startup world as a healthcare startup locks horns with a corporate giant on allegations of poaching product ideas. Algocare, an AI healthcare startup, has alleged that Lotte Healthcare has stolen its AI-backed nutrient dispenser business idea and launched a copycat product. Lotte Healthcare is a healthcare unit of Lotte Group, Korea’s fifth-largest conglomerate operating dominant businesses in retail, food & beverages, tourism, and chemical/engineering…