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Telecommunications & Media
Ministry of Science and ICT to hold hearing on mobile frequency reallocation
The Ministry of Science and ICT will gather opinions on its detailed policy for reallocating 370 MHz of mobile spectrum reaching the end of its usage term in 2026. The plan covers 3G and LTE bands held by SKT, KT and LG Uplus. A Dec. 1 briefing will outline market conditions, fee calculation and policy drafts, followed by discussion with academics, researchers, operators and consumer groups. SKT and LG Uplus are closely watching debates over the 2.6 GHz band. The ministry plans to finalise the policy within the year.
Telecommunications & Media
LG Uplus, HelloVision to keep current chiefs for 2026 plans
LG Uplus and LG HelloVision will maintain their current chief executives in 2026. LG Uplus plans to accelerate AI monetisation and expand its data centre operations, while also addressing security risks. LG HelloVision aims to stabilise performance amid a sluggish cable TV market and strengthen rental services as a new revenue source. Both companies face operational and market challenges as they move into next year.
AI & Enterprise
Coupang data breach expands as government launches joint probe
South Korea launched a joint public-private investigation after finding that a Coupang data breach affected more than 30 million accounts, far above the previously known 4,536 accounts. The Ministry of Science and ICT and the Personal Information Protection Commission announced their response plan and said they will examine the cause and prepare measures to prevent recurrence. The commission received two breach reports from Coupang and plans strict action if safety obligations were violated. Authorities also issued a public security notice to prevent secondary damage such as smishing.
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Crypto
Upbit resumes transfers for 23 digital assets after hack
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Games & Commerce
Coupang expands personal data leak to 33.7 million accounts
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Crypto
Ethereum layer 2 Optimism signals new enterprise strategy
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Crypto
Fidelity's Ethereum-based tokenised MMF tops 250 million dollars
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Crypto
CoinShares withdraws staking Solana ETF filing with SEC
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Games & Commerce
Netmarble expands external studio cooperation, advancing two-track strategy
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Crypto
IMF warns tokenisation may deepen flash crashes, expects government intervention
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Crypto
Kucoin secures MiCA licence in Austria
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Crypto
Tether halts Bitcoin mining in Uruguay amid rising energy costs
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Crypto
Uzbekistan allows pilot use of stablecoin payments
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Crypto
Chicago Mercantile Exchange faces investor backlash after trading halt
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AI & Enterprise
VC investor says AI boom to concentrate gains among few firms
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AI & Enterprise
Trump phone still unreleased after planned August launch
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AI & Enterprise
Intel seen likely to produce Apple M-series chips from 2027
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Telecommunications & Media
Apple to launch three new MacBooks in early 2026 including budget model