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Toss Place expands terminals despite losses Toss Place is accelerating the rollout of its offline payment terminals despite deepening losses. The company surpassed 300,000 merchant locations last month,

Toss Place is accelerating the rollout of its offline payment terminals despite deepening losses. The company surpassed 300,000 merchant locations last month, but its cumulative net losses have also exceeded 155 billion won.
#Toss #offline #payment #Naver #it #itchosun #chosun #SouthKorea #Korea

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Naver's Growth Businesses Rattle Under Outside Pressure Naver Corp.'s four key growth businesses are running into trouble at the same time. A merger between unit Naver Financial and Dunamu has been delayed by three

Naver Corp.'s four key growth businesses are running into trouble at the same time.
#Naver #Dunamu #B2B #Google #map #data #healthcare #SoftBank #Line #Yahoo #Japan #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Samsung Electronics employees turn their backs on ‘semiconductor-focused’ union Internal rifts are widening at Samsung Electronics as the company’s largest labor union faces a backlash from employees who claim the group is prioritizing the

The Super-Enterprise Union, which represents the bulk of Samsung’s organized workforce, is seeing a "membership exit" movement among staff in the DX division, which oversees smartphones and home appliances.
#Samsung #union #semiconductor #memory #HBM #DS #DX #OPI #it #itchosun #chosun #SouthKorea

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Abundant Experiments, Limited Results… Krafton’s ‘Post-PUBG’ Struggles Krafton is facing difficulties in discovering new titles to succeed Playerunknown's Battlegrounds (PUBG). While experimental ventures continue, they have yet t

Krafton is facing difficulties in discovering new titles to succeed Playerunknown's Battlegrounds (PUBG). While experimental ventures continue, they have yet to translate into tangible results.
#Krafton #Battlegrounds #PUBG #game #IP #spinoff #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Kakao Games’ Controlling Shareholder to Change… Interests, Not Synergies Kakao Games’ controlling shareholder will shift to the side of Japan’s LY Corp. Kakao is shedding a loss-making affiliate to focus on its AI and KakaoTalk busi

Kakao Games’ controlling shareholder will shift to the side of Japan’s LY Corp. Analysis is gaining ground that the deal reflects aligned interests on both sides.
#KakaoGames #Kakao #Japan #Line #LineGames #AI #KakaoTalk #Tencent #SoftBank #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Korean Insurers’ Profit Slump South Korean insurers’ underwriting profit fell by nearly 4 trillion won over the past two years, as tighter regulatory scrutiny and stricter actuarial assumpt

South Korean insurers’ underwriting profit fell by nearly 4 trillion won over the past two years, as tighter regulatory scrutiny and stricter actuarial assumptions stripped out earnings inflated in the early years of IFRS17 adoption.
#insurer #profit #slump #itchosun #chosun #SouthKorea #Korea

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KOSPI Slides Over 4% as Middle East Tensions Escalate The KOSPI plunged more than 1000 points in a month, approaching the 5000 level as foreign investors dumped over 34 trillion won and nearly 1000 trillion won in

The KOSPI plunged more than 1000 points in a month, approaching the 5000 level as foreign investors dumped over 34 trillion won and nearly 1000 trillion won in market value evaporated.
#KOSPI #MiddleEast #Samsung #SK #Google #TurboQuant #AI #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Why NAVER and Kakao Are Betting on Commerce AI NAVER and Kakao have been accelerating the rollout of commerce-focused AI agents since the beginning of this year. The aim is to turn shopping from a process i

The reason both of Korea’s two largest IT portal companies are focusing on commerce-centered AI agents lies in the characteristics of the Korean market.
#NAVER #Kakao #Kanana #commerce #AI #shopping #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Krafton·Nexon·NC, Slash Workforce as Game Industry Enters Structural Decline The game industry is quietly undergoing restructuring. Major game companies such as Krafton, Nexon, and NCSOFT are changing their survival strategies by reduci

The game industry is quietly undergoing restructuring. Major game companies such as Krafton, Nexon, and NCSOFT are changing their survival strategies by reducing hiring and adjusting low-profitability organizations.
#game #Krafton #Nexon #NCSOFT #AI #it #itchosun #chosun #SouthKorea #Korea

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Signed Cast, Hidden Dagger: Google Smiles at SK While Cutting Memory Demand In the global artificial intelligence (AI) ecosystem, there are no eternal allies. This reality has been proven once again as Google unveiled new technology th

In the global artificial intelligence (AI) ecosystem, there are no eternal allies.
#SK #SKHynix #Google #TurboQuant #AI #HBM #Samsung #SamsungElectronics #TPU #software #hardware #technology #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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SKT declares 40% market share recovery As SK Telecom’s market share remained in the 30 percent range for eight months after the hacking incident, CEO Chung Jae-hun was confident of rebounding at the

The problem is the cost. In the saturated telecom market, huge marketing costs are inevitable to boost its market share.
#SKT #KT #LGU+ #telecommunication #AI #hacking #hack #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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From E-Sports to BTS: The Fight for Your Living Room TV Heats Up Personal streaming services, OTT platforms and TV platforms are all expanding the range of content available on TV screens. As e-sports, live performances and

As e-sports, live performances and sports broadcasts join films and dramas on living room TVs, competition over living room content is also intensifying.
#OTT #sports #e_sports #game #live #kpop #BTS #broadcast #SOOP #LG #Netflix #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Meritz Chairman Cho Jung-ho Becomes Highest-Paid Financial Holding Executive… What Led to the 46% Jump? Meritz Financial Group’s director compensation system has come under scrutiny. The company allocated more than half of the board’s total compensation to Chairm

While the company says the rise reflected shareholder return policies and other factors, critics say the pay hike may have been excessive relative to the stock’s performance.
#Meritz #Meritz_Financial #compensation #bonus #stock #CEO #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Retail Investors Flock to Brokerage Stocks… Can High Valuations Versus Japan Hold Up? The number of retail investors flocking to brokerage stocks has surpassed 800,000, industry data showed. Expectations for improved earnings driven by higher tr

Valuation concerns are also growing as the price-to-book ratios (PBRs) of major brokerage firms have risen to levels comparable with those of global peers.
#brokerage #stock #investment #KOSPI #Japan #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Galaxy S26 Free Within 2 Weeks of Launch The Galaxy S26 has become a ‘carby phone’ in just two weeks since its launch. It was a phone that had to be paid up to 580,000 won six days ago, but now it is

It was a phone that had to be paid up to 580,000 won six days ago, but now it is a phone that can receive more money than it can afford.
#Samsung #Galaxy #GalaxyS26 #SKT #KT #LGU+ #phone #mobile #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Kakao Entertainment Taps Platform Specialist as New Co-CEO Kakao Entertainment is putting greater weight on upgrading its platforms and services under its new co-CEO leadership. The company is shifting from the previou

Kakao Entertainment is putting greater weight on upgrading its platforms and services under its new co-CEO leadership.
#Kakao #KakaoEntertainment #CEO #AI #kpop #fandom #artist #SM #IP #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Can Governance Overhaul Put LG Back at No. 4? Koo Steps Down as LG Board Chair… Can Governance Shift Help Reclaim No.4 Spot?Koo Kwang-mo, chairman of LG Group, has stepped down as chair of the holding comp

Koo Steps Down as LG Board Chair…
Can Governance Shift Help Reclaim No.4 Spot?
#LG #CEO #ESG #LG_Electronics #LG_Chem #LG_EnergySolution #LG_Uplus #Hanwha #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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SKT Air Collides Head-on with Market SK Telecom’s self-sufficient digital communication service ‘air’ has launched an aggressive price competition with unlimited 5G pricing plan of 10,000 won per

SK Telecom’s 'Air' has launched an aggressive price competition. It is pointed out in the budget phone industry that it may have reversed its position at the time of launch, when it said it would not compete with the budget phone.
#SKT #mobile #phone #5G #it #itchosun #chosun #SouthKorea #Korea

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“An average annual salary of 120 million won” and the other two times Outside directors of the three mobile carriers were paid an average of more than 120 million won per year, but only two times over the past year expressed oppo

Outside directors of the three mobile carriers were paid an average of more than 120 million won per year, but only two times over the past year expressed opposition at the board of directors.
#SKT #KT #LGU+ #mobile #director #shareholder #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Trucks Still Circle Game Companies… A Cry Demanding Communication [GameSpile] GameSpile aims to archive everything from major events and incidents in games to notable industry issues and the interesting memes created by users. More than

In the gaming industry, truck protests have become a familiar sight. These truck protests represent collective action taken directly by consumers to protect their own rights.
#game #truck #Netmarble #Nexon #NCSoft #Mabinogi #MapleStory #KakaoGames #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Netflix’s “Biggest Live Event of the Year” Stumbles on Subtitle Sync Netflix fell short of its own billing during BTS’s Gwanghwamun live show, which it had promoted as its “biggest live event of the year.” Real-time subtitles la

Subtitles appeared three to four seconds after BTS members spoke. In some cases, lyric subtitles did not appear until after a song had already ended.
#BTS #Netflix #Seoul #Gwanghwamun #live #ARMY #HYBE #kpop #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Hyundai Mobis Moves Beyond ‘Parts Supplier’… Accelerates Transition to Tech Company Hyundai Mobis, the auto parts affiliate of Hyundai Motor Group, is accelerating its transition from a traditional components business to a technology company c

Hyundai Mobis, the auto parts affiliate of Hyundai Motor Group, is accelerating its transition from a traditional components business to a technology company centered on semiconductors and AI.
#Hyundai #HyundaiMobis #AI #robotics #software #semiconductor #it #itchosun #chosun #SouthKorea #Korea

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Imported Car Sales Hit Record High… Surpass 30,000 Units in Just Two Months New registrations of privately owned imported passenger cars surpassed 30,000 units in just two months, marking the fastest growth on record.According to the K

New registrations of privately owned imported passenger cars surpassed 30,000 units in just two months, marking the fastest growth on record.
#car #Tesla #BMW #Benz #Lexus #BYD #EV #hybrid #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Qualcomm signals supply chain diversification from TSMC, to continue Samsung partnership Qualcomm has signaled its intention to diversify its semiconductor supply chain beyond its recent heavy reliance on Taiwan’s TSMC, emphasizing a continued and

Qualcomm has signaled its intention to diversify its semiconductor supply chain beyond its recent heavy reliance on Taiwan’s TSMC, emphasizing a continued and deep partnership with Samsung Foundry.
#Qualcomm #TSMC #Samsung #semiconductor #Snapdragon #AI #it #itchosun #chosun #SouthKorea #Korea

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Sinclair Launches ‘K-Channel 82’ to Bring Korean Content to U.S. Broadcast TV U.S. broadcaster Sinclair Broadcast Group is launching a dedicated Korean-content channel in the United States. The channel will be called K-Channel 82, a refe

What distinguishes K-Channel 82 is that it will be a terrestrial broadcast channel. Viewers will be able to watch it for free with only a TV antenna.
#Sinclair #US #broadcast #TV #Kpop #drama #news #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Store “Expect LGU+ Penalty Exemption” The Galaxy S26 and iPhone 17e were launched side by side in March, but the retail market was frozen. As new products failed to vitalize the mobile communicatio

As new products failed to vitalize the mobile communication market, retailers are only looking at LG U+ exemptions from penalty surcharges, which are uncertain of feasibility.
#GalaxyS26 #iPhone17e #Samsung #Apple #SKT #KT #LGU+ #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Lee Administration’s National Pension Service Shifts 12 Listed Firms to ‘General Investment’ Status, Taking Aim at Shareholder Rights The National Pension Service recently received protest calls and emails from overseas fans of ENHYPEN, a group under HYBE. They were demanding that the pension

There is growing attention over whether the National Pension Service will actively exercise shareholder rights at the regular shareholders’ meetings in March.
#ENHYPEN #HYBE #shareholder #SKT #KT #Hyundai #Samsung #Hanwha #HMM #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Hanwha Investment & Securities Goes Without Dividends for a Fourth Straight Year… Preferred Shares Fade Into Irrelevance Hanwha Investment & Securities is facing growing shareholder frustration as it maintains its no-dividend policy for a fourth straight year. Not only common sha

Critics say the company’s shareholder return policy is being called into question as it continues to withhold dividends despite improved earnings.
#Hanwha #investment #stock #shareholder #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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SpaceX IPO Buzz Fuels Rally in Aerospace Stocks, but Valuation Concerns Rise Investor enthusiasm for the aerospace sector is intensifying amid growing expectations that SpaceX, the space company led by Tesla CEO Elon Musk, will pursue a

Some analysts also warn that the recent surge in aerospace stocks may be overdone. With IPO expectations already priced in, certain names are facing valuation pressures relative to their earnings.
#SpaceX #IPO #ElonMusk #Tesla #aerospace #ETF #stock #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Naver Webtoon Bets on Global Growth to Fix Domestic Slump Naver Webtoon has put forward a “flywheel” strategy. Whether that strategy can work properly in Korea, however, remains uncertain. Cracks have already begun to

Naver Webtoon’s solution is not to adjust content supply, but to expand its user base.
#Naver #Webtoon #flywheel #creator #content #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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