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AI & Enterprise
LG CNS, Kurly to cooperate on humanoid robot trials at logistics centres
LG CNS said on May 18 it signed a memorandum of understanding with e-commerce company Kurly to cooperate on a humanoid robot proof-of-concept and logistics automation projects to advance smart logistics centres. The companies plan to verify on-site suitability of humanoid robots at Kurly facilities, develop intelligent logistics solutions and seek new business opportunities. They will also test LG CNS’ PhysicalWorks robot learning and operations platform and measure accuracy, speed and efficiency gains.
Industry
Lee Jae-yong says he will take the hit as Samsung union and management face final mediation on May 18
Samsung Electronics union and management will return on May 18 to a second post-mediation session at the National Labor Relations Commission, days before a planned strike. Chairman Lee Jae-yong apologised to customers worldwide and the public, calling employees and the union “one family” and saying he would take responsibility. The company changed its lead negotiator, while the union agreed the outgoing negotiator could attend without speaking. Talks focus on performance bonuses and whether to institutionalise the scheme.
Games & Commerce
Kurly Q1 operating profit up 1,277 percent, steps up IPO roadmap
Kurly posted record quarterly results in the first quarter, supported by balanced growth across its businesses and logistics upgrades. Revenue rose 28.4 percent from a year earlier to 745.7 billion won. Operating profit surged 1,277 percent to 24.2 billion won, and net profit turned positive at 20.3 billion won. Gross merchandise value increased 29 percent to 1.09 trillion won. Kurly said it will step up its IPO roadmap.
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People
Shinhan Bank volunteers with Marine Corps 2nd Division to support national merit recipients
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Games & Commerce
After conditional approval for Google to take high-precision maps, calls grow for control tower and fund
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Finance
Hanpass seeks first overseas remittances IPO amid Middle East uncertainty
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Games & Commerce
Kurly posts 13.1 billion won operating profit in 2025, first full-year profit
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Finance
Yang Jong-hee, KB Financial chairman, to conduct special site inspections of IT centres
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Industry
Tesla no longer just an EV maker as 4680 battery cell returns
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Mobility
Socar\'s Moduijuchajang launches Lunar New Year holiday airport parking reservation service