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Korean IT giants drop fandom platforms, help HYBE dominate
BTS concert in Busan, South Korea, on Oct. 15, 2022 (File photo by Big Hit Music, HYBE’s wholly-owned subsidiary) South…
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Korea tightens rules on Netflix, Spotify subscription billing
South Korean drama series and films on Netflix (File photo, courtesy of Netflix) South Korea’s antitrust body is slated to…
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Naver’s CLOVA X Vision proves a picture is worth a thousand words
Naver unveils its hyperscale AI platform HyperCLOVA X on Aug. 24, 2023 A picture is worth a thousand words, as…
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Naver Cloud takes the lead in Korea’s public AI business
Naver Cloud DEO Kim Yoo-won (File photo by Naver) South Korean online giant Naver Corp.’s cloud subsidiary is expanding its…
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Alipay’s rise puts Korea on alert to private data breach
A store in Myeong-dong, Seoul South Korean fintech companies’ customer data transfer to Alipay, a Chinese payment platform, sets off…
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Samsung’s Monimo set to disrupt Korea’s financial app market
Monimo mobile app launched by Samsung Financial Networks in April 2022 (Courtesy of Samsung Financial Networks) Samsung Group, South Korea’s…
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Google to target global webtoon sector with Korean creators
(Captured from Dashtoon website) BENGALURU – Google teamed up with South Korean creators to target the global webtoon industry, spurring…
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Korea’s retail investors buy stocks on dips in turmoil
(Courtesy of Getty Images) South Korea’s individual investors took the recent turmoil in stock markets as chances to buy shares…
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Biotech stocks, foreigners’ top pick in Korea amid panic selling
Trading room at Kookmin Bank’s branch in Yeouido, Seoul on August 5 (Courtesy of Yonhap) Foreigners and institutional investors in…
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MLOps startup Vessl AI eyes 50% sales from US in 2025
Vessl AI CEO An Jaeman poses for a photo in front of Vessl AI’s office in Seoul, South Korea (Courtesy…
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NHN unveils new corporate identity
South Korea’s NHN Corp. unveiled a new corporate identity (CI) on Thursday in celebration of its anniversary and announced that…
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SoftBank-backed Tridge in trouble amid Korean startup doom
(Captured from Tridge website) Tridge Co., South Korea’s first agricultural product and food trading platform operator invested by SoftBank Group…
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Baemin founder sets out for new trophy platform
Stayfolio Kim Bong-jin, a former chairman and chief executive officer of Woowa Brothers Corp., the operator of South Korea’s No.…
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Naver begins Saudi digital twin project for smart cities
Naver’s virtual simulations of cities based on digital twin platforms South Korean internet giant Naver Corp. and the Saudi Arabian…
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Goldman Sachs taps ex-Morgan Stanley MD as Korea co-head
Goldman Sachs names Ahn Jae-hoon as Korea’s country head and investment banking business chief Goldman Sachs Group Inc. said on…
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Hana Financial mulls non-banking M&As for growth: CEO
Hana Financial Group Chairman Ham Young-joo speaks at the sidelines of the 2024 CEO Summer Forum hosted by the Federation…
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Samsung, SK Hynix lead value increase in NPS’ local shares in Q2
Image of Samsung’s high bandwidth memory chip HBM3E 12H DRAM (Courtesy of Samsung) The second-quarter rally of Samsung Electronics Co.…
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Don’t dwell on Korea discount; light up visibility on global stage
HyperCLOVA X introduction at Team Naver Conference Dan 23 on Aug. 24, 2023 (Courtesy of News1 Korea) To the world,…
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Korean IPO boom sets new record; bubble bursts after debut
Trading room at Hana Bank’s headquarters in Seoul on July 2, 2024 South Korea’s initial public offerings in the first…
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Hyundai Motor to set up software R&D center in Silicon Valley
Hyundai Motor Group aims to lead the future mobility industry with software-defined vehicles (SDVs) Hyundai Motor Group, the world’s third-largest…
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Naver’s webtoon unit to raise $315 mn via Nasdaq IPO
Advertisement of Webtoon Entertainment (Courtesy of Webtoon Entertainment) Webtoon Entertainment Inc., South Korean tech giant Naver Corp.’s online comics platform,…
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South Korean webtoon makers in quandary after pandemic
Naver Webtoon becomes the No. 1 webtoon platform in France in July 2023 At the height of the COVID-19 pandemic…
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HYBE accelerates transition into platform company
(Courtesy of Yonhap) HYBE Co. is accelerating its push to transform into a platform company as it is set to…
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Southeast Asia, Korea Inc’s new IT outsourcing powerhouse
Software developers working at Mobile C&C Cambodia’s office in Phnom Penh, Cambodia on Jun 5, 2024 PHNOM PENH – South…
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Korea Inc.’s AI executives double with LG Group leading the pack
AI robot The number of executive-level artificial intelligence (AI) specialists at South Korea’s 30 largest conglomerates has more than doubled…
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SK Telecom to launch AI assistants for corporate clients
SK Telecom’s personal AI assistant on a smartphone (File photo, courtesy of SK Telecom) SK Telecom Co., South Korea’s top…
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LY vows to keep Line Plus as Naver-SoftBank breakup drags on
Line Plus headquarters in Pangyo, South Korea (Courtesy of Yonhap) Japan’s LY Corp., the operator of the country’s top mobile…
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Naver beleaguered by weak Korean businesses amid Line woes
Naver headquarters in South Korea (Courtesy of Yonhap) South Kora’s online giant Naver Corp. is struggling with sluggish core domestic…
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SK C&C unveils enterprise-tailored sLLM
SK Inc C&C (SK C&C), the information technology service unit of South Korea’s SK Group, announced on Monday that it…
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Naver to submit remedies to Japan without A Holdings stake sale
Naver headquarters in South Korea (Courtesy of Yonhap) LY Corp., the operator of Japan’s popular messenger app Line, is expected…
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Korean government vows stern response to Tokyo’s Naver handling
Sung Tae-yoon, director of national policy at South Korea’s presidential office, holds a press briefing on Seoul’s response to the…
