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The carrier’s tail is ‘hacking risk’ The ‘hacking risk’ of the three mobile carriers has not subsided even after the year has passed. SK Telecom, KT, and LG U+ faced both consumer lawsuits, police

The ‘hacking risk’ of the three mobile carriers has not subsided even after the year has passed.
#SKT #KT #LGU+ #hacking #hack #lawsuit #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Nexon to Cut Low-Profit Games, Bet Big on Dungeon & Fighter IP Nexon Announces Major Business Restructuring - Low-Profit Games Face Service Termination ConcernsNexon has announced a major overhaul of its business structure

Nexon has announced a major overhaul of its business structure. Some gaming communities are expressing concern that a "game kill list" may be becoming reality.
#Nexon #game #IP #MapleStory #FC #Dungeon&Fighter #Mabinogi #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Tongyang, ABL Life step up AI push ahead of integration Tongyang Life and ABL Life have started building generative AI platforms as Woori Financial Group pushes AI transformation across affiliates.According to the T

Tongyang Life and ABL Life have started building generative AI platforms as Woori Financial Group pushes AI transformation across affiliates.
#Tongyang #ABL #Woori #AI #LLM #insurance #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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KT Scraps Forced Restructuring Unit, but Fairness Questions Linger KT’s total sales task force, which had been criticized by the National Assembly for the death of an employee, will be abolished in the end. As new CEO Park Yoo

As new CEO Park Yoon-young dismantled a core controversial organization under former CEO Kim Young-sup, there are both welcome and concern within the company.
#KT #CEO #task_force #employee #organization #restructuring #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Korea’s Digital Insurers Remain in the Red South Korea’s digital insurers remained loss-making last year, posting combined net losses of more than 150 billion won despite efforts to expand sales. The co

South Korea’s digital insurers remained loss-making last year, posting combined net losses of more than 150 billion won despite efforts to expand sales.
#digital_insurer #insurer #Kyobo #Shinhan #KakaoPay #Hana #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Countdown of Google, Apple, Ali Penalty Enforcement As the Korea Communications Commission (KCC) has established a normal operating system six months after its launch, it is expected that major issues that have

As the Korea Communications Commission (KCC) has established a normal operating system six months after its launch, it is expected that major issues that have been tied up for a long time will begin in earnest.
#KCC #Google #Apple #AliExpress #SKT #KT #LGU+ #it #itchosun #chosun #SouthKorea #Korea

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Brokerages Turn Cold on Rights Issue Overhang, but Hanwha Securities Alone Says “Buy” — Because It’s an Affiliate? Questions have been raised over the credibility of reports issued by Hanwha Investment & Securities’ research center. Unlike other brokerages, which took a neg

Questions have been raised over the credibility of reports issued by Hanwha Investment & Securities’ research center.
#Hanwha #Hanwha_Solutions #investment #report #stock #brokerage #analyst #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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Mirae Asset, buoyed by ‘SpaceX’ effect, battles Korea Investment for No. 1 in net profit Attention is focusing on whether Mirae Asset Securities can overtake Korea Investment & Securities to reclaim the top spot in net profit among brokerages. The

Attention is focusing on whether Mirae Asset Securities can overtake Korea Investment & Securities to reclaim the top spot in net profit among brokerages.
#MiraeAsset #SpaceX #ElonMusk #xAI #brokerage #investment #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

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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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Government’s ‘Dual Listing Ban’ Puts Brakes on Game Companies IPOs The government's policy to ban dual listings has brought IPOs (Initial Public Offerings) of game companies to a halt. As domestic game companies that were purs

As domestic game companies that were pursuing spin-off listings of subsidiaries to secure investment capital have withdrawn or are considering delaying their IPOs, critics point out that the game IPO market has essentially frozen.
#IPO #game #Netmarble #KakaoGames #Wemade #it #itchosun #SouthKorea

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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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Travel Cards Reshape Spending as Overseas Debit Card Use Triples Overseas debit and check card spending has surged nearly threefold in recent years, driven by the growing popularity of travel cards that reduce foreign exchan

Overseas debit and check card spending has surged nearly threefold in recent years, driven by the growing popularity of travel cards that reduce foreign exchange and transaction fees.
#travel #card #payment #ATM #Hana #Shinhan #Kookmin #currency #exchange #won #dollar #itchosun #SouthKorea #Korea

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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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LG Welcomes Samsung's OLED Push, Vows to Stay on Top LG Electronics Inc welcomed Samsung Electronics Co Ltd's aggressive pursuit in the organic light-emitting diode (OLED) TV market as an opportunity for market e

LG Electronics Inc welcomed Samsung Electronics Co Ltd's aggressive pursuit in the OLED TV market as an opportunity for market expansion, while expressing firm confidence in maintaining its industry leadership through technological superiority.
#LG #Samsung #OLED #TV #it #itchosun #SouthKorea

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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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