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Industry
Samsung Electronics posts Q1 operating profit of 57.2 trillion won, up 756 percent
Samsung Electronics said it posted record first-quarter results, with sales rising 69.16 percent from a year earlier to 133.9 trillion won and operating profit jumping 756.10 percent to 57.2 trillion won. Profit was driven by semiconductors as the DS division posted record sales and operating profit amid higher memory prices and growing demand for AI products. The company said currency moves also helped and R&D spending reached 11.3 trillion won.
Telecommunications & Media
LG Uplus launches U+tv Mobile app for watching IPTV on phones
LG Uplus has launched a new mobile application that lets users access its IPTV service U+tv on phones. The U+tv Mobile app combines content discovery, information lookup, mobile viewing, TV-to-mobile continue watching and remote control functions. Users can check details such as cast, release year, cumulative audience, trailers, OST, ratings and reviews. The company plans to end its existing U+mobiletv service at the end of May.
Finance
KB Financial unveils humanoid robot 'physical AI care', expands senior care
KB Financial Group unveiled a senior care service using humanoid robots, detailing its strategy to respond to ageing. It said it will debut a senior-focused "physical AI care" service at AI EXPO KOREA 2026 in Seoul from May 6 to 8. Developed with generative AI firm GENON, the model combines conversation-based emotional care with physical actions such as medication delivery and rehabilitation support. KB Financial plans to test real-world applicability and pursue commercialization.
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Games & Commerce
Korea content sales top 161 trillion won; generative AI adoption at 32.1 percent
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Industry
Daesang invests stake in Olmo Namseoul, first disabled workplace in Seoul; secures 5 sites
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Games & Commerce
Kakao Games posts Q1 operating loss of 25.5 billion won, prepares new titles including 'Odin Q'
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AI & Enterprise
Anthropic seeks funding at $900 billion valuation, topping OpenAI
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Crypto
Czech central bank governor says bitcoin could also be a reserve asset
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Games & Commerce
Naver Q1 operating profit rises 7.2 percent as AI, C2C drive results
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Industry
Qualcomm to ship data centre chips this year; shares jump 16 percent after hours
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Games & Commerce
KakaoMap launches National Museum of Korea indoor map service
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AI & Enterprise
AI rationale drives mass layoffs at tech firms, raising fears of risky gamble
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Crypto
Bitcoin rebounds as quantum computers threaten crypto security
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Industry
Nvidia steps up push into South Korea's AI ecosystem with CUDA-style lock-in strategy
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Games & Commerce
Different strategies in same genre put second-half MMORPG launches in focus
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Finance
Brokerage MTS race heats up as firms push AI and content to overhaul platforms
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Finance
Capital region concentration, real estate bias spur calls for urgent medium- to long-term structural shift at savings banks
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AI & Enterprise
Big cloud firms post record growth amid aggressive AI investment