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Search results for 2017

Telecommunications & Media

Cable TV industry seeks role in \'media basic society,\' releases open letter to president

South Korea\'s cable TV industry, facing management difficulties amid the growth of OTT and IPTV, is positioning itself as a partner in the government\'s \"media basic society\" initiative. It pledged to strengthen local residents\' right to know, expand universal media access through a unified \"Everyone\'s TV\" brand for 8VSB services, and narrow the AI gap through local education programmes. The industry also urged regulatory and institutional changes, including over broadcasting development fund levies.

Crypto

Japan 10-year bond demand strengthens, raising questions over Bitcoin liquidity

Demand at Japan\'s 10-year government bond auction strengthened even as yields rose, a development that may signal domestic funds shifting toward local bonds. Data showed Japanese institutions net sold long-term foreign bonds over two September periods totaling 2.59 trillion yen. While the figures do not specify asset shifts, the market focus is on whether tighter funding conditions could reduce capital available for risk assets such as Bitcoin.

Industry

Samsung Electronics\' third-quarter operating profit tops 100 trillion won

Samsung Electronics posted a record third-quarter operating profit of 107.4 trillion won, its first quarter above 100 trillion won. Revenue rose to 195 trillion won, and cumulative sales for the first three quarters exceeded last year\'s full-year sales. The company’s recovery has been driven by AI-led memory demand, with hyperscalers and AI chipmakers as key customers. The shift has strengthened suppliers’ pricing power and pushed operating margins higher.