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People

LG Electronics holds GITC, sets stage for AI competition for disabled youth

LG Electronics said on Oct. 29 it will hold the finals of the 2026 Global IT Challenge for Youth with Disabilities in Da Nang, Vietnam. The contest is hosted by LG and the Ministry of Health and Welfare, with LG Electronics and partners co-organising. The event, launched in 2011, has drawn about 5,000 participants from 41 countries. This year 81 finalists from nine countries are competing across four events.

Telecommunications & Media

LG Uplus provides communications and relief supplies to displaced residents after Guryong Village fire

LG Uplus said on Oct. 29 it provided emergency relief supplies and communications services to residents displaced by a fire in Seoul\'s Guryong Village, working with the Korean Red Cross. The company installed a free smartphone charging booth and WiFi at a shelter set up at Guryong Middle School and provided power banks. It also installed WiFi at Gaepo Middle School shelter so evacuees could contact family and acquaintances and check needed information.

Industry

FuriosaAI raises 820 billion won in funding, valued at 3.8 trillion won

FuriosaAI said on Oct. 29 it completed an 820 billion won Series D funding round, valuing the company at about 3.8 trillion won. The round started in January with a target of 450 billion to 750 billion won, but was increased due to investor demand. The National Growth Fund contributed 370 billion won. Funds will be used to expand RNGD production and supply, grow global customers and strengthen its software ecosystem.