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AI & Enterprise
Romin raises investment from Naver Cloud to expand cloud-based document AI business
Document AI agent company Romin said on Tuesday it has secured a strategic investment from Naver Cloud and will expand its cloud-based document AI business. Romin said Naver Cloud joined the investment after considering Romin’s implementation references in the public and financial sectors and the scalability of its document automation business. The companies said they will broaden cooperation to strengthen their response to industry-specific AX markets.
AI & Enterprise
Korean retail investors pull savings and insurance to pile into Samsung and SK hynix
Overseas media are focusing on a South Korean market trend in which retail investors are pulling money from deposits and savings-type insurance to buy large semiconductor stocks. BeInCrypto reported that funds are moving from safe assets into equities, concentrating on SK hynix and Samsung Electronics as expectations for AI semiconductor demand rise. It cited falling savings bank and term deposit balances, rising credit buying by older investors, and increased insurance cancellations, while warning of risks from leverage and volatility.
Finance
KOSPI ends at 7,200 after wild swings; foreigners net sell nearly 3 trillion won
South Korea's KOSPI swung sharply on May 20 and closed down at 7,208.95, after opening higher and briefly sliding to 7,053.84. Foreign investors net sold 2.93 trillion won worth of shares, while retail investors and institutions were net buyers. Analysts said the selling looked more like profit-taking in sharply rising semiconductor stocks than a broader exit from the market.
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AI & Enterprise
Korea AI Cloud Industry Association launches CSP subcommittee to strengthen domestic CSP cooperation
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Finance
Korea moves toward principle ban with exceptions for duplicate listings, shareholder safeguards in focus
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Crypto
iM Bank completes full lifecycle tech test for won stablecoin with OpenAsset
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AI & Enterprise
Clion builds Seoul generative AI chatbot 2.0 using proprietary RAG
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Finance
Mirae Asset Securities launches 'Sage Beyond' platform for young business leaders
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Finance
Mirae Asset Management to inject 50 billion won more into Mirae Asset Life
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AI & Enterprise
N2SF response starts with proper data classification, FasooAI executive says
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Telecommunications & Media
Android to add 'Continue On' to extend phone tasks to tablets
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AI & Enterprise
Apple to unveil macOS 27; five AI features to watch including next-generation Siri
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Games & Commerce
Line Games unveils first demo of co-op horror title Code Exit
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Mobility
EV charging costs depend on time-of-use rates and efficiency, analysis says
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Industry
Samsung Electro-Mechanics signs 1.5 trillion won silicon capacitor supply deal
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Crypto
Kross signs validator MOU with CertiK to join Mainnet 2.0 verification
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Telecommunications & Media
LightInk open-source smartwatch claims up to 400 days on a single charge
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Crypto
XRP at risk near bottom of rising channel as smart money exits and bearish signals build