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Finance

Woori Financial opens 14th Goodwill Store in Hwaseong

Woori Financial Group\'s Woori Financial Future Foundation has opened the Goodwill Store Milal Sinyoungtong branch in Hwaseong, Gyeonggi Province, a shop that supports self-reliance for people with developmental disabilities. The foundation said it opened the store with the Miral Welfare Foundation on May 29. The new site is the 14th jointly built store. Woori Financial plans to expand stores to Hanam and Jeonju and aims to support 30 billion won through 2034 to build 100 stores nationwide and provide stable jobs for 1,500 people.

Mobility

Mobility industry speeds up autonomous driving with proven data as a weapon

South Korea\'s mobility platform industry is expanding into autonomous driving by using data gathered from its own services as AI training assets. Socar plans to set up a standalone unit for autonomous driving services, with Krafton joining as a strategic investor. Kakao Mobility has declared a shift into a physical AI company and outlined technology plans based on Kakao T data. Autonomous A2Z is building mass-production systems through deals with automakers and parts makers.

AI & Enterprise

KT to supply renewable power to Tokyo Electron Korea under PPA

KT will pursue a direct power purchase agreement (PPA) with Tokyo Electron Korea to support carbon neutrality. The companies held a signing ceremony on May 11 with key officials attending. KT will supply renewable energy to Tokyo Electron Korea’s major sites, starting in September. It will initially provide 15 megawatts and then expand the transaction to 50 MW, a capacity it said can cover the sites’ annual power demand.