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Industry

Lotte chairman Shin Dong-bin urges use of AI to lead change

Lotte Group Chairman Shin Dong-bin on Thursday urged employees to pursue growth and innovation, saying this year’s business environment demands structural improvement in the group’s core businesses. He cited high inflation, high interest rates and a weak currency, as well as geopolitical risks and demographic change. Shin called for differentiated results based on autonomy and proactive responses to change, including embedding AI as a key competitive strength. He also said innovation has not yet produced visible results and urged stronger execution.

AI & Enterprise

TTA reorganises to support AI innovation drive toward 'AI G3' goal

Korea's Telecommunications Technology Association (TTA) said on Thursday it carried out an organisational overhaul to strengthen its ability to verify AI safety and reliability. It expanded its structure from three areas into four specialised institutes: AI communications convergence, AI foundational technology, AX and software, and information protection and safety. It also said its standardisation division will innovate systems using AI and strengthen governance through cooperation with domestic and global bodies.

Industry

LG Display CEO Jung Cheol-dong calls for strong one team built on mutual trust

LG Display CEO Jung Cheol-dong says the company will make 2026 a turning point toward growth centered on profitability. He says LG Display will strengthen technology leadership to win customer choice and secure stable profit structures and future growth foundations across all business areas to enter management normalization. He identifies securing top-tier technology, advancing technology-based cost innovation and accelerating AI transformation as this year’s core tasks.