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Industry

Hanwha Solutions board joins executives in share purchases

All outside directors at Hanwha Solutions will buy company shares in support of a rights issue, the company said on Sunday. Board chairman Jang Jae-su and outside directors Song Gwang-ho, Bae Seong-ho and Lee A-young said they agreed on the need for the rights issue announced on March 26. Their participation follows earlier share purchase plans announced by senior executives, including Vice Chairman Kim Dong-kwan.

AI & Enterprise

MegazoneCloud to co-develop physical AI business models with Japan's AVITA

MegazoneCloud said on Monday it will work with Japan’s AI avatar company AVITA to develop physical AI business models. The companies recently signed a strategic partnership agreement at MegazoneCloud’s liaison office in Seoul’s Yeoksam-dong. They plan to combine MegazoneCloud’s cloud and AI capabilities with AVITA’s AI avatar technology to develop physical AI services linked to autonomous robots and apply them across industrial sites, with plans to expand cooperation into areas including finance and the public sector.

Finance

KB Kookmin Bank releases web entertainment video to prevent jeonse fraud

KB Kookmin Bank released a web entertainment video aimed at preventing jeonse rental fraud, the bank said on Sunday. The video features comedian and licensed real estate agent Seo Kyung-seok (서경석) and comedian Park Se-mi (박세미), who disclosed in 2024 that she was a victim of such fraud. Using an “avatar” concept that gives remote instructions, it depicts difficulties first-time workers may face and includes fraud examples and checks for landlord and property rights.