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Telecommunications & Media
Broadcasting revenue falls for second straight year; ad revenue down 7.4 percent
Revenue in South Korea’s broadcasting market fell 0.7 percent in 2024 to 18.83 trillion won, marking a second straight year of contraction. IPTV and IPTV content providers recorded revenue growth, while terrestrial broadcasters, cable operators, relay cable and satellite broadcasters saw declines. Broadcasting ad revenue fell 7.4 percent to 2.31 trillion won. Terrestrial broadcasters’ total revenue fell 5.4 percent, while pay-TV revenue was broadly flat.
AI & Enterprise
HonestAI raises 14.4 billion won to expand financial AI solutions
HonestAI, a company focused on financial AI transformation, said on Wednesday it raised 14.4 billion won in a funding round. AAK participated as the lead investor and existing shareholder ATON, a fintech security company, made a follow-on investment. HonestAI said it will use the funds to further develop its AI technology next year and accelerate the expansion of AI solutions for financial institutions.
Games & Commerce
Runningcore and bag customising sweep 2025 fashion-beauty market as tastes fragment
South Korea's fashion and beauty market in 2025 was shaped by increasingly segmented personal tastes rather than a single dominant trend. Musinsa's year-end report said consumer keywords combining lifestyle and preferences spread, led by runningcore, bag customising and niche perfumes. Based on Musinsa Store data from Jan. 1 to Dec. 12, membership topped 16 million and searches reached 425 million. Running-shoe sales rose about 83 percent year on year.
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AI & Enterprise
Nvidia's Groq acquisition sends message to AI data center market
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Industry
Pearl Abyss supports Indonesia school repairs with Black Desert players
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Crypto
Uphold's past call of XRP at $1,000 resurfaces, raising questions over plausibility
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Finance
Hana Bank launches AI pension investment withdrawal solution
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Finance
NH Investment & Securities pension assets top 15 trillion won
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Industry
Woori Bank donates to vulnerable groups at year-end
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Crypto
Upbit wins citations from personnel management minister and Military Manpower Administration chief
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Games & Commerce
Bithumb launches dormant assets recovery campaign for 12th anniversary
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Finance
Financial Security Institute revises 2026 vulnerability assessment criteria to include crypto asset exchanges
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Games & Commerce
Kakao publishes 2025 technology ethics report
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Games & Commerce
Aseong Daiso to run Trend Korea 2026 planning exhibition
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Industry
KAIST develops AI chip integrating sensing, computing and memory
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Games & Commerce
5minlab's Smash Legends collaborates with Naver Webtoon Double Click
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Games & Commerce
Cafe24 upgrades SEO to tackle zero-click shift to AI search
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People
Kiwoom Securities wraps up fourth Kiwoom Dreamer economic education mentoring programme