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Kakao Healthcare, the digital health care unit under platform giant Kakao, announced Thursday that the company would boost its collaboration with Google to improve its cloud-based data platform. The announcement came after Kakao Healthcare CEO Hwang Hee shared the company's recent progress with He...
"I can't wait to see what Naver and Intel can create for a new AI chip environment, and the innovations this will bring." Ha Jung-woo, head of AI Innovation at Naver Cloud, appeared on the stage to explain how Naver and Intel established a joint lab to expand the Gaudi software ecosystem. With In...
Mobile messenger KakaoTalk's once-overwhelming lead in the instant messaging industry in Korea has continued to falter, as a report Tuesday showed that the number of people regularly using the application has fallen to the lowest figure in 22 months. The monthly active users -- those who used a se...
KakaoTalk, South Korea's leading mobile messenger, saw its number of users fall below 45 million for the first time in 22 months last month, data showed Tuesday. The application had 44.97 million monthly active users (MAUs) in March, down more than 221,000 from the previous month, according to the...
The financial regulator and Naver, the top online portal operator, signed an agreement Wednesday on cooperation for the digitalization of the financial sector. Under the memorandum of understanding, the Financial Supervisory Service (FSS) will seek to utilize Naver's latest information technology,...
Marking the 40th anniversary of its founding, SK Telecom, South Korea's largest wireless carrier by the number of accounts, promised to transform into a global artificial intelligence company, Thursday. The mobile carrier, first established in March 1984 under the name, Korea Mobile Telecommunicat...
LG Uplus, one of the top three telecommunications providers in South Korea, has announced its venture into the generative AI field with the introduction of its AI model, ixi-GEN, setting the stage for competition with its larger rivals SK Telecom and KT in offering AI-driven services for consumers ...
KT Corp. CEO Kim Young-shub declared the company’s new vision that accelerates innovation and growth in information technology, artificial intelligence and communications technology. “Although KT is a leading telecom company in the world, it lacks IT competitiveness. We must make up for weak poi...
A global alliance led by South Korean mobile carrier SK Telecom agreed to establish a joint venture within the year to develop large language models tailored to the needs of telecommunications companies. The Global Telco AI Alliance, which was launched in Seoul in July last year, held its inaugura...
LG Uplus will not set up a showroom this year, but its CEO Hwang Hyeon-sik and senior executives will participate in the event and hold meetings with potential partners, including Google and Amazon Web Service, for collaboration, the company said. "MWC 2024 is an important event where we can check...
Coupang, one of Asia’s largest eCommerce companies, on Dec. 28 said that it added video streaming as its latest offering to WOW members with the launch of Coupang Play. ...
Naver Cloud and GS Global will collaborate on their overseas services, the companies said on Dec. 1. The new alliance with GS Global gives Naver Cloud a channel to liaise with large-scale corporate clients in target countries, while GS Global will gain an opportunity to expand into the informatio...
After a major regulatory setback in China, Nexon is striving to turn things around in other regions by releasing a new first-point-shooter game that offers a twist on Krafton’s PlayerUnknown’s Battlegrounds, a battle royale shooter that pits 100 players against each other. According to the Sout...
Netmarble on Nov. 18 that launched its massively multiplayer online role-playing game Seven Knights 2 in Korea, drawing attention to whether the much-anticipated game will be able to compensate for the company’s lackluster performance in the third quarter. As a sequel of Seven Knights, launched ...
Kakao said on Nov. 18 that it would add a digital wallet feature to South Korea’s largest messenger application KakaoTalk. The company will also start introducing new subscription-based services via the messenger application. Kakao’s co-CEOs Yeo Min-su and Cho Soo-yong introduced new features t...
Yoon doubles down on repeal of financial investment income tax
Swiss Air launches new Seoul-Zurich route after 27 years
Korea projected to outpace Taiwan in chip production by 2032: US report
Hyundai Mobis to set up W90b plant for EV parts
Posco’s furnace No. 4 ready to resume operation
Minister says chip subsidy a ‘tall order’