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Industry

Baemin Bmart direct purchases of domestic farm products up 53 percent in Jan-May, to expand this year

Baemin’s quick commerce platform is expanding its role as a sales channel for regional farms, Woowa Brothers said. Sales of domestically sourced farm and livestock products bought directly from producing areas through Baemin Bmart rose 53 percent in January to May from a year earlier, outpacing last year’s full-year growth rate of 21 percent. Fruit sales led gains, with strong increases for strawberries, melons, watermelons and blueberries.

AI & Enterprise

MSIT to launch pilots for 12 services combining AI and digital twins

South Korea\'s Ministry of Science and ICT will begin piloting 12 innovative services that combine artificial intelligence with digital twins, extended reality and other virtual convergence technologies, starting this month. The projects span safety, industry and everyday-life applications under two programmes focused on AI-based safety management and fostering virtual convergence industries. The ministry plans demonstrations ranging from disease prevention and gas-leak detection to port and shipyard control systems and tourism and hospital guidance services.

AI & Enterprise

Samsung SDS says cloud is biggest share of IT services revenue, to invest 10 trillion won by 2031

Samsung SDS on Wednesday reported preliminary first-quarter revenue of 3.35 trillion won and operating profit of 78.3 billion won. Revenue fell 3.9 percent from a year earlier, while profit slid 70.8 percent after it booked a 112.0 billion won retirement benefit provision following a change in severance pay calculation standards. Cloud revenue rose 5.8 percent to 690.9 billion won, becoming the largest share within IT services.