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Games & Commerce

Gravity Game Tech starts pre-registration for Ragnarok Endless Trail in Southeast Asia

Gravity Game Tech (GGT), Gravity's Thailand subsidiary, has begun pre-registration in Southeast Asia for its new mobile RPG "Ragnarok Endless Trail," starting at noon on Jan. 5 Thailand time. Pre-registration is available on Google Play and Apple App Store in Thailand, Indonesia, the Philippines, Malaysia and Singapore. The game is a survival roguelike battle royale action RPG based on the Ragnarok universe. GGT is offering events and rewards linked to follower targets and cumulative pre-registrations, including a cross-promotion at 150,000 sign-ups.

Industry

L&F Tesla contract cutback rattles South Korean battery industry

L&F revised a Tesla high-nickel cathode materials supply contract signed in February 2023, cutting the reported value to 9.73 million won from 3.83 trillion won. The disclosure pushed L&F shares down about 26 percent. The company said schedules were adjusted amid changes in the global EV market and battery supply environment. Questions have also been raised over the timing of the firm’s treasury stock disposal and executives’ share sales.

Telecommunications & Media

Nearly 80,000 customers leave KT in six days after cancellation fee waiver

KT’s cumulative customer departures approached 80,000 in the six days after it began waiving cancellation fees. From Dec. 31 to Jan. 5, 79,055 subscribers moved from KT to other telecom operators, the telecom industry said. The daily figure reached a record 26,394 on Jan. 5 as activations from the Sunday system shutdown were reflected. Most switchers moved to SK Telecom, with others going to LG Uplus or budget carriers.