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Industry

Namyang Dairy CEO Kim Seung-eon says first return to profit in five years marks start of growth track this year

Namyang Dairy said it is stepping up shareholder-return policies, including bigger dividends and a special dividend, on the back of a return to profit. The company said it shared management normalisation results, future growth strategy and measures to raise shareholder value at its 62nd annual general meeting in Seoul. It reported 2025 consolidated sales of 914.1 billion won and operating profit of 5.2 billion won.

AI & Enterprise

Vesl AI secures GB200 and B300, says only domestic GPU cloud provider with both

Vesl AI said on Thursday it had secured Nvidia's latest GPUs, the GB200 and B300, at the same time. The AI infrastructure company said it is the only GPU cloud provider in South Korea to offer both chips. It said the B300 is suited to inference for large AI models, while the GB200 is designed for training very large models. Vesl AI also cited self-service access, minute-based billing and an automatic pause feature.

Industry

MOTIE urgently convenes business groups to address supply chain risks from Middle East war

South Korea's Ministry of Trade, Industry and Energy activated an emergency cooperation channel with major business groups to respond to supply chain risks linked to the war in the Middle East. Minister Kim Jung-kwan met leaders from six economic organisations on March 27 after a presidential emergency economy meeting. The government asked for efforts to secure alternative suppliers, check inventories and prevent collusion and hoarding. It also urged energy-saving measures and pledged strict action against disruptions.