| Mobile Web

All articles List

Telecommunications & Media

KT CEO candidate longlist cut to seven

KT has trimmed its CEO candidate pool to seven in its second round of selection. The board is expected to conduct online interviews on December 9 and confirm a final nominee on December 16. The list includes former executives from KT, Samsung SDS, SK Shields and public institutions, as well as one internal candidate. Several contenders outlined their experience in telecoms, ICT innovation and AI infrastructure as they presented their vision for the company.

Telecommunications & Media

Ministry of Science and ICT reports results of quantum‑resistant cryptography rollout in energy, healthcare and administration

South Korea’s Ministry of Science and ICT said it has applied quantum‑resistant cryptography to systems in the energy, healthcare and administrative sectors and shared results at a Seoul event. Korea Electric Power Corp, Raonsecure and LG Uplus presented pilot cases. The ministry said the transition produced 16 cryptographic modules and 19 conversion cases and resolved performance issues, including use on low‑spec devices. It plans to broaden support to telecoms, defence and finance next year.

Finance

KB Kookmin Bank sets 400 billion won credit guarantee programme

KB Kookmin Bank signed a cooperation agreement with Korea Credit Guarantee Fund and Korea Technology Finance Corporation to strengthen productive finance and support the growth of small and mid-sized companies. The bank will provide 14 billion won in special contributions from December 5 to back about 400 billion won in loans secured by guarantee certificates. The programme offers full guarantees for three years and fee reductions for eligible firms, prioritising companies supported by the Small and Medium Business Corporation.