Search results for ITO
Games & Commerce
AI chip shock hits game sector as Nintendo shares fall 8 percent in a day
Nintendo\'s shares fell sharply after it announced higher prices for its next-generation Switch 2 console and lowered its sales target, raising concerns about weak demand. The stock dropped 8.4 percent in Tokyo to 7,020 yen, its lowest since August 2024, and is down 34 percent this year. Nintendo cited rising production costs driven by surging memory chip prices amid AI infrastructure expansion.
Telecommunications & Media
Ive and Junji Ito collaborate on \'LUCID DREARM\' album cover; mixed reaction to \'Mojamussa\'
K-pop group Ive released an album cover drawn by Japanese manga artist Junji Ito for its fourth Japan album, \'LUCID DREARM\', with a limited edition featuring a special design. JTBC’s new weekend drama \'Mojamussa\', written by Park Hae-young and starring Koo Kyo-hwan and Go Youn-jung, premiered to sharply divided reactions. KBS announcer Nam Hyun-jong announced plans to marry in November. 2NE1 member Park Bom posted a handwritten letter addressing past controversy. Police are investigating a case involving a man in his 30s after a BJ’s report, as speculation spread online. OTT rankings highlighted continued strength for K-dramas and new releases.
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.
