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AI & Enterprise

Cryptolab, KT to co-develop encrypted AI solution to automate medical insurance review

Cryptolab said on May 28 it signed a joint research and development agreement with KT to develop a medical multimodal agentic AI solution based on AI security technology. The companies aim to build a medical AI infrastructure that lets AI agents analyze and infer without exposing patient data externally by combining KT\'s security cloud infrastructure with Cryptolab\'s homomorphic encryption-based generative AI security middleware. They plan to develop a multimodal AI agent to support hospitals\' pre-review of insurance claims.

AI & Enterprise

Daedong posts 377.7 billion won in Q1 sales, speeds shift to AI farming operations platform

Daedong said it posted consolidated first-quarter sales of 377.7 billion won and operating profit of 6.0 billion won. Sales fell 2.4 percent from a year earlier and operating profit also declined, citing a global farm machinery slowdown, U.S. tariff burdens and increased investment in AI and robotics. The company said it is accelerating a shift to an AI farming operations platform linking AI tractors, agricultural robots, precision agriculture and smart farming.

Telecommunications & Media

Korea\'s three mobile carriers post mixed Q1 results, bet on AI growth after hacking fallout

South Korea\'s three mobile carriers reported mixed first-quarter results. LG Uplus improved performance on balanced growth across businesses, including AI data centres. SK Telecom showed a clearer recovery from the previous quarter, citing improved AI profitability and a rebound in its wireless business after a SIM hacking incident. KT\'s profitability weakened despite expanding AX, as a one-off property-sale base effect and customer compensation costs weighed.