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AI & Enterprise
MSIT to push three core pilot projects for regional AX
South Korea's Ministry of Science and ICT and the National IT Industry Promotion Agency will solicit operators through April 6 for three new AI and digital pilot projects to accelerate regional AI and digital transformation and strengthen key local industries. The areas are shipbuilding and offshore, Age-Tech and AI reliability. The ministry plans to invest 9 billion won this year, including 5 billion won for an AI ship platform through 2029, 3 billion won for an Age-Tech testbed through 2030 and 1 billion won for AI reliability support.
AI & Enterprise
Science ministry launches call for 2026 data safe zone designations to expand use of closed data
South Korea's Ministry of Science and ICT, the National Information Society Agency and the Korea Data Agency said on Tuesday they will start accepting applications on March 3 for new 2026 designations of 'data safe zones' that allow secure analysis and use of closed data. The programme includes general designations and conversion designations. Up to 5 institutions will be selected for conversion designations, with up to 200 million won each to build security environments.
Industry
Review: Mellians rechargeable fabric shaver draws attention in winter garment-care market
The Mellians rechargeable fabric shaver series is gaining attention in the winter garment-care appliance market by stressing efficient lint removal and fabric protection. The product uses a six-layer diamond-coated blade and a 3D spring blade intended to reduce fabric damage, and an AVED suction motor rotating at 7,500 rpm to collect cut lint. It also includes an LED display, USB-C charging, low-noise design, KC certification, and comes in standard and pro versions.
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Crypto
Solo bitcoin miner hits jackpot with $75 rental hashrate to win more than $200,000
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Crypto
Ark Invest's Cathie Wood says bitcoin far superior to gold
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Telecommunications & Media
Ministry silos hobble K-media, calls grow for pan-government national strategy committee
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Finance
KB Kookmin Bank to introduce one-hour early leave on Fridays
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Finance
K Bank launches 10th anniversary campaign and promotions
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Games & Commerce
eBay says eGS users rose 91 percent last year on cross-border sales growth
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Crypto
Bitwise to acquire Chorus One, raising possibility of expanding staking ETFs
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Finance
Stripe considers acquiring PayPal, fintech market jolted
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Industry
Ottogi to take part in Seoul Living Design Fair with solo booth, partner projects
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Telecommunications & Media
Online Damage 365 Center consultations top 10,000 as rights-infringement cases surge
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Finance
IBK Industrial Bank of Korea to continue full waiver of non-face-to-face transfer fees to other banks
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People
Samyang Foods vice chair Kim Jung-soo wins Korea CEO award, first female recipient
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Finance
KB Financial recommends lawyer Seo Jeong-ho as new outside director candidate
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Industry
LG Electronics unveils integrated vehicle communication module solution at MWC
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AI & Enterprise
South Korea finalises AI action plan to advance into global top three