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Industry
LG Electronics targets global market with heat pump technology
LG Electronics is stepping up efforts to accelerate the shift to carbon neutrality at industrial sites with industrial heat pumps. The company supplied a large-capacity heat pump system to paper maker Ajin P&P in Daegu and began operations in early July. The project is part of a government-led national R&D programme pursued since 2023 by 15 industry, academia and research bodies including LG Electronics.
Industry
Samsung Electronics begins mass production of PM1763 high-speed SSD for AI servers
Samsung Electronics has begun mass production of its PCIe 6.0 enterprise SSD, the PM1763, for AI server infrastructure. The company said the drive uses ninth-generation V-NAND and a 4-nanometre controller to improve performance and power efficiency. It will be offered in 4TB, 8TB and 16TB versions, with the 16TB model delivering sequential read and write speeds of up to 28,400 MB per second and 21,900 MB per second.
Crypto
Shinhan Investment Securities to pursue music IP STO products with Musicow
Shinhan Investment Securities will work with Musicow Invest to pursue issuance of fractional investment products backed by music intellectual property, it said on Tuesday. The two signed a strategic memorandum of understanding to acquire music IP and issue related products. They will jointly 추진 a large-scale acquisition project, with Shinhan forming a first music IP fund of about 40 billion won as the project fund’s general partner.
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Finance
Woori Bank issues foreign currency bonds directly at overseas branches, raises $275 million
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AI & Enterprise
ESTsoft launches AI shopping assistant with CJ Olive Young
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People
Hana Securities joins job development program for people with disabilities
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Telecommunications & Media
KT to invest 127.6 billion won in information security
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Finance
KakaoBank says financial transaction impersonation most common in first-half smishing texts
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AI & Enterprise
Igloo Corporation forward deploys iSQUARE AXIS to curb expanding attack surface
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Games & Commerce
Nexthrus kicks off global expansion from Dubai, targeting games, AI and blockchain
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Finance
KakaoPay Securities launches AI translation service for foreign company earnings releases
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Crypto
Dunamu to pilot Upbit customer desk in Daegu
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People & Appointments
Shinhan Financial publishes '2026 Hyean' guidebook on wealth management solutions across seven areas
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Games & Commerce
Naver unveils ASF 2.0 AI safety framework, expands to user and service-focused checks
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Crypto
Solana founder says claim only Bitcoin has value is wrong
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Crypto
U.S. SEC to unveil crypto safe harbor this month amid legislative uncertainty
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Crypto
Strategy sells bitcoin to fund preferred dividends, posts $8.32 billion Q2 loss
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Crypto
DAXA warns of phishing posing as won-based crypto exchanges, urges caution over requests to install PC programs