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Industry
Fadu posts 7.7 billion won Q1 operating profit, returns to profit
Fadu, a fabless semiconductor company specialising in data centre chips, reported preliminary first-quarter revenue of 59.5 billion won and operating profit of 7.7 billion won, it said on April 27. Revenue rose 210 percent from a year earlier and the company swung to an operating profit from a loss. Net profit came to 10.2 billion won, also returning to profit. Fadu cited a higher share of controller sales and rising AI data centre demand.
Telecommunications & Media
SKT tops national customer satisfaction index for 29th straight year
SK Telecom topped the 2026 National Customer Satisfaction Index survey by the Korea Productivity Center, ranking No. 1 in the mobile phone service category for the 29th consecutive year. The index measures consumer satisfaction with products and services sold in South Korea. SKT said the result reflected efforts to improve AI-centered telecom services, strengthen customer protection and network security after a cyber incident last year, and restore customer trust. SK Broadband also ranked No. 1 for 16 straight years.
Games & Commerce
KOCCA seeks projects for 2026 global game localisation support
The Korea Creative Content Agency and the Ministry of Culture, Sports and Tourism said on April 27 they will recruit projects for the 2026 global game localisation support programme until May 8. The programme will support about 30 game projects with three rounds of overseas user testing across five regions: North America, Europe, Asia, the Middle East and Central and South America. Selected projects will receive one offline and two online evaluations.
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AI & Enterprise
Naver Cloud shares results of pan-government AI common foundation service project
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Industry
LB Semicon accelerates shift to non-DDI, starts mass production for Renesas
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AI & Enterprise
Sparrow shares software supply chain security measures at Black Hat Asia 2026
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AI & Enterprise
54 public bodies win S grade in 2025 personal data protection assessment
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AI & Enterprise
NHN Cloud to bring Innogrid into subsidiary, target multi-hybrid market
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AI & Enterprise
AI social policy forum launches to identify issues from AI spread
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Industry
LG Electronics to spin off four in-house ventures into AI, robotics and materials startups
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Crypto
Strategy holds 815,061 bitcoins as valuation tops $63.46 billion
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Industry
Huawei to spend up to 80 billion yuan on self-driving computing over five years
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Crypto
Bitcoin options market shifts as BlackRock's IBIT overtakes Deribit in size
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Industry
DJI-Insta360 rivalry expands despite U.S. regulation
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Crypto
Trump targets banks at private event attended by Tyson, Tether CEO, backs crypto bill
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Crypto
Anthropic's 'Mythos' shifts DeFi security strategy toward continuous audits, real-time response
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Crypto
U.S.-China rivalry spills into cryptocurrency with diverging strategies on bitcoin
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Crypto
Polymarket profits concentrated as top 3.14 percent take more than 30 percent