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AI & Enterprise
Flitto Q2 operating profit falls 42.5% to 1.4 billion won
AI data and solutions firm Flitto said its second-quarter operating profit fell 42.5% from a year earlier to 1.4 billion won. Revenue declined 13.6% to 8.1 billion won and net profit slipped 33.1% to 1.6 billion won. First-half revenue fell 4.8% to 13.3 billion won and operating profit dropped 48.8% to 1.3 billion won. Results improved from the first quarter as the company swung to an operating profit.
AI & Enterprise
Clika selected for Singapore-France defence AI technology cooperation programme
Clika, a company specialising in lightweight artificial intelligence model optimisation, said on Aug. 10 it was selected as the sole final winner in the global defence AI technology cooperation programme AI Joint Challenge. The programme is jointly organised by Singapore agencies Cap Vista and FSTD and France’s AMIAD. The challenge seeks AI technologies for operational tasks and converts them into pilot projects. Clika was chosen for AI optimisation enabling deployment under SWaP constraints without performance loss.
AI & Enterprise
Hancom aims to top 200 billion won in standalone annual sales this year as it shifts to AI
Hancom reported first-quarter standalone revenue of 46.5 billion won and operating profit of 17.6 billion won, up 2.4 percent and 2.7 percent from a year earlier. On a consolidated basis, revenue was 63.6 billion won and operating profit was 8.5 billion won. The company said its AI business led growth and it is targeting annual revenue of 210 billion won this year. It also plans to launch a \"twin-type agentic OS\" in the first half.
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Industry
Mobility platforms target festival, tourism demand to monetise movement data
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AI & Enterprise
KT showcases public-sector AI transformation results on global stage at MWC26
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AI & Enterprise
Elice Group joins LG AI Research consortium to support K-EXAONE infrastructure
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AI & Enterprise
Inrifle forecasts 2025 sales of 78.2 billion won, 53% from SaaS
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AI & Enterprise
Hancom advances to phase 2 of sovereign AI project with LG AI Research consortium