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AI & Enterprise

KOCCA to invest 19.8 billion won in AI content production support, largest ever

The Korea Creative Content Agency will invest 19.8 billion won this year in its AI content production support programme, the largest amount to date. The Culture, Sports and Tourism Ministry and KOCCA said they will 추진 the 2026 project to foster AI as a key growth driver. The programme has three tracks: entry, leading and cooperative. It includes funding per project, training and consulting, and an AI content festival planned for the second half.

Games & Commerce

Wiseapp says January short-form use hits record, TikTok Lite grows fastest

Wiseapp-Retail said monthly active users and time spent on major short-form apps in South Korea rose to record levels in January. A survey of Korean smartphone users found steady growth over the past three years for Instagram, TikTok and TikTok Lite. January MAU hit 27.97 million for Instagram, 9.43 million for TikTok and 7.07 million for TikTok Lite. TikTok Lite also led year-on-year growth in users and minutes used.

Finance

IBK Investment Securities signs deal with NAMU EnR on Europe carbon market response

IBK Investment Securities said on Monday it signed a memorandum of understanding with NAMU EnR to bolster cooperation on responding to the European Union’s carbon border adjustment mechanism (CBAM) and on carbon markets. The EU-CBAM imposes costs based on estimated emissions for imports of products such as steel, aluminium, cement and fertiliser. The companies will share carbon market information, develop strategies and jointly host related forums and seminars.