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Mobility

Socar's former CEO Lee Jae-woong returns as board chair under two-track leadership

Socar will reinstate former CEO Lee Jae-woong as board chair after 6 years and push an organisational overhaul, while CEO Park Jae-uk concentrates on autonomous driving ventures including car-sharing and robotaxis. The company views the next 2 to 3 years as a critical window for building independent competitiveness in South Korea's mobility ecosystem. It also aims to address a stagnant share price and reinvigorate growth in its car-sharing business, drawing on past leadership experience at Socar and Tada.

Telecommunications & Media

SKT to offer expanded T Membership benefits for New Year 2026

SK Telecom said it will roll out various T Membership benefits for the 2026 New Year. New members who join from Jan. 1 to Jan. 15 will receive coupons worth 19,000 won. The program also includes discounts on health checkups through Eotteocare and offers during a T Day Week campaign from Jan. 5 to Jan. 9, covering food delivery, shopping and leisure. Special benefits will be offered to customers aged 13 to 34 and to returning subscribers.

AI & Enterprise

NC AI consortium open-sources industry-focused model VAETKI

NC AI consortium said it will release its proprietary AI foundation model VAETKI as open source on Hugging Face to support AI transformation across domestic industries. The model targets sector-specific needs in areas such as manufacturing, defence, logistics and content, and uses MoE and MLA technologies. NC AI formed a consortium with 14 industry, academic and research institutions and is conducting 28 pilot projects. It plans a 200B-class model and a large multimodal model in 2026 and aims to export packaged offerings in 2027.