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Games & Commerce

Legislative Research Service sets out five key issues for Coupang parliamentary probe

South Korea's National Assembly Legislative Research Service has outlined key issues that should be clarified in a parliamentary probe into Coupang's large-scale personal data breach. It said an internal token signing key remained valid after an employee left, suggesting possible structural flaws in internal controls. The report also flagged Coupang's notification decisions, potential access to inactive user data, the legitimacy of in-house identification and forensics during an investigation, and the appropriateness of compensation.

Mobility

Taxi, mobility industry begins building ecosystem for shift to autonomous driving

South Korea's taxi and mobility industry has agreed to cooperate on building an industrial ecosystem to shift corporate taxis to autonomous driving. The National Federation of Taxi Transport Associations signed an agreement with partners including Hyundai Motor, Kakao Mobility and Samsung Fire & Marine Insurance. The consultative body will hold monthly meetings to monitor related policies and institutions and push joint proposals to the government. It has commissioned research on autonomous taxi service models.

Industry

Koh Young Technology posts 6.9 billion won Q4 operating profit, returns to profitability

Koh Young Technology said on Feb. 2 it posted fourth-quarter revenue of 69.1 billion won and operating profit of 6.9 billion won, returning to profitability from a year earlier. Revenue rose 36 percent year on year. Sales of 3D inspection equipment and AI solutions increased, led by server customers in North America and Taiwan. Full-year revenue rose 14.9 percent to 232.6 billion won and operating profit jumped 422 percent to 17.3 billion won.