Naver has become the first Korean internet company to exceed 10 trillion KRW in annual revenue. The company attributed this achievement to the continued growth of its core businesses, including search and commerce, as well as consistent investment in R&D, particularly in artificial intelligence (AI) and future growth areas. Choi Soo-yeon, CEO of Naver, announced that the company will implement a..

KakaoBank announced on the 5th that it recorded an operating profit of 606.9 billion KRW and a net profit of 440.1 billion KRW for the fiscal year 2024, marking year-over-year increases of 26.8% and 24.0%, respectively—setting a new all-time high. In the fourth quarter alone, the bank posted an operating profit of 115.0 billion KRW and a net profit of 84.5 billion KRW. At the end of 2024, KakaoB..

Kakao has formed a strategic partnership with OpenAI and will apply OpenAI's technology to various AI services, including 'Kanana,' which is scheduled to launch in the first half of this year. On February 4th, Kakao held a joint press conference at The Plaza Hotel in Seoul's Jung-gu district with OpenAI, a leading company in the AI field, and shared this news. Kakao is the first domestic company..

Hanmi Semiconductor announced on the 31st that its operating profit for the previous year soared 639% year-over-year, reaching 255.4 billion KRW. During the same period, revenue increased by 252% to 558.9 billion KRW.The sharp rise in earnings is attributed to the surging demand for TC Bonders, essential equipment for manufacturing high-bandwidth memory (HBM), as the AI market experiences rapid ..

According to the gaming industry on the 31st, Krafton (CEO Kim Chang-han) is set to launch a soft release of its new title, 'Dark and Darker Mobile,' in Canada on February 5. A soft launch is a stage before the official release, where a game is launched without marketing to test gameplay and stability. The company plans to officially launch 'Dark and Darker Mobile' globally in the first half of ..

In March of last year, LG Electronics invested $60 million (approximately KRW 86 billion) to acquire a 21% stake in Bear Robotics. With an additional purchase, the company has now secured a total 51% stake, gaining management control. It is reported that LG Electronics invested an additional $180 million (approximately KRW 258 billion) for a 30% stake acquisition and business transfer. Bear Robo..