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May Korea Engineer Award goes to Yoon Hoon, Choi Jae-hoon

South Korea's Ministry of Science and ICT named Yoon Hoon of KEPCO Engineering & Construction and Choi Jae-hoon of Noahnx as May winners of the Korea Engineer Award. Yoon developed 3D software for assessing nuclear plant piping damage, cutting work time by 80 percent and winning export and domestic orders. Choi developed a 320-kHz ultrasound nozzle for stent-coating equipment, improving coating performance and supporting exports worth about $2.6 million in 2023.

Games & Commerce

Kakao union rejects blame for talks breakdown, says company distorted facts

Kakao’s union issued an official rebuttal over the breakdown in wage talks, saying the cause was repeated bad-faith bargaining by the company rather than differences over performance bonuses. The union said the company highlighted only parts of the talks to portray it as demanding excessive bonuses. It also denied that a 10 percent of operating profit bonus was its demand. Mediation is set for May 18, with a rally planned for May 20.

Games & Commerce

Devsisters Q1 operating loss widens to 17.4 billion won, seeks turnaround with overhaul and new titles

Devsisters reported a wider loss in the first quarter as its existing titles stabilised at lower levels and new releases underperformed. The company said preliminary revenue under K-IFRS fell 2 percent from the previous quarter to 58.5 billion won. It posted an operating loss of 17.4 billion won and a net loss of 15.1 billion won. Devsisters plans companywide management reforms and second-half game launches to seek a turnaround.