Search results for 112
Telecommunications & Media
Bami Tongwi unveils support strategy for location information industry ecosystem
The Broadcasting Media and Communications Commission on Sunday announced a strategy to support the development of the location information industry ecosystem. The plan includes easing rules to allow processed personal location data to be used for AI training and service development without consent, and updating notification methods for third-party provision. It also outlines a startup support centre, upgrades to emergency rescue requests and the introduction of altitude data, and stronger user protections, including higher administrative penalties and stricter sanctions for violations.
Industry
BMW iX5 to launch this summer with 144 kWh battery
BMW plans to equip its iX5 electric SUV, due to launch this summer, with a 144 kWh battery. The usable capacity for the U.S. iX5 xDrive60 is set at 144 kWh, while the European model is about 141 kWh, making it BMW’s largest battery among current EVs. BMW has not disclosed official range. The company is also updating suspension and using cell-to-pack technology, while testing in Spartanburg, South Carolina.
Finance
Black Monday on semiconductor shock as KOSPI, Kosdaq trigger trading halts
South Korean shares plunged on June 8 as rate worries after strong U.S. jobs data, weakness in semiconductor stocks and Middle East risks hit sentiment. The KOSPI closed down 8.29 percent at 7,484.41 and the Kosdaq fell 9.08 percent to 911.39. Both markets triggered sell-side sidecars and circuit breakers during the session. Individuals were net buyers in the KOSPI, while foreigners extended a selling streak.
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AI & Enterprise
South Korea secures 9,704 advanced GPUs to be run by Naver Cloud, Samsung SDS and Elice Group
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Finance
KOSPI slumps more than 8 percent at open, breaks below 8,000 on semiconductor shock
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Crypto
Ethereum breaks below $2,000 as early investor selling adds pressure
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Games & Commerce
Webtoons look for breakthrough in short-form as growth slows and battle for attention intensifies
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AI & Enterprise
AI startup ecosystem deepens shift toward Anthropic and OpenAI
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Industry
Solar seen overtaking coal and gas as biggest power source by 2035
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Finance
KOSPI recovers 7,500 level after sell sidecar; foreigners sell for eighth session
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Telecommunications & Media
Korean outsourced content production costs fall below 1 trillion won as Netflix influence grows
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Industry
GPU standalone era may end as integrated design determines AI chip performance
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AI & Enterprise
Eugene Investment Securities keeps Hecto Innovation target at 28,000 won, sees growth continuing
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AI & Enterprise
Hekto Innovation\'s Q1 consolidated revenue tops 100 billion won for first time, expands investment in new businesses
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Crypto
Shiba Inu could rise 220 percent if it breaks bearish channel
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Crypto
Bitcoin on-chain metrics improve, $92,000 in play if it breaks $84,000
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Crypto
Bitcoin seen rising to $95,000; five things to watch this week
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AI & Enterprise
Worksphear shares directions for youth employment market shifts in AX era at national AI strategy committee forum