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Industry

Samsung Electronics develops industry\'s first UFS 5.0, mass production in fourth quarter

Samsung Electronics said on Monday it has developed the industry\'s first UFS 5.0, the latest embedded memory standard from JEDEC, as on-device AI boosts demand for faster storage. The product is based on the company’s ninth-generation V-NAND and supports sequential read speeds of 10.8 GB/s and write speeds of 9.5 GB/s, about double UFS 4.1. Samsung said power efficiency improves by more than 40 percent and mass production will start in the fourth quarter.

Games & Commerce

Nexth signs MOU with Taiwan\'s Mustaverse to onboard Web3 game Auraal

Nexth signed a memorandum of understanding with Taiwan game studio Mustaverse to onboard the Web3 social trading card game Auraal onto its Cross platform. The companies aim to add Auraal to the Cross ecosystem and expand Web3 game users in global markets. Auraal features NFT collectible cards, strategic card battles, and player-to-player trading. Nexth plans to broaden its Cross game ecosystem globally and expand its Web3 game lineup.

Finance

Woori Bank publishes 2025 ESG report, highlights issues including AX and DX innovation

Woori Bank published its 2025 ESG report detailing its ESG management results over the past year and its direction going forward. The report, titled \"NEXT Finance, NEXT Future,\" outlines the bank’s approach to sustainable finance through ESG and its response direction for a green transformation. It also includes a double materiality assessment considering environmental and social impacts alongside financial factors. The bank selected four material issues based on an AI media index analysis and strengthened its disclosure framework.