Search results for Lee
Finance
Digital asset cross-industry ties spread as top 4 financial groups post 11 trillion won profit era
Big Tech, financial firms and payment companies in South Korea are widening digital-asset initiatives by teaming up with global blockchain companies. Kakao Group and Toss and Toss Bank are working with Circle to review stablecoin-based payment and settlement infrastructure and tokenised financial services. Banks are developing cross-border remittance and payment models. Separately, the top four financial holding groups posted combined first-half net profit above 11 trillion won, while regulators step up group-level oversight of fintech expansion.
Games & Commerce
Existing IPs, not new releases, to divide Korean game makers\' Q2 results
South Korean game makers\' second-quarter results are expected to diverge based on profits generated by existing intellectual property rather than whether they released new titles. Krafton and NC, which own PUBG and Lineage, are forecast to post sharp gains helped by new titles and acquisitions. Netmarble is expected to see weaker profitability due to marketing and IP fees, while Nexon expects a pause as some key titles soften despite stable live services.
Telecommunications & Media
Korea mobile carriers\' Q2 operating profit seen near 1.5 trillion won, AI data centers and B2B in focus
South Korea\'s three mobile carriers are expected to post mixed second-quarter results, with combined operating profit forecast at about 1.46 trillion won. SK Telecom and LG Uplus are seen extending earnings gains on wireless subscriber growth and AI infrastructure, including AI data centers. KT is expected to see operating profit fall sharply due to base effects from large property-related gains a year earlier. Analysts also point to AI data centers and B2B growth pace as key variables for the second half.
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AI & Enterprise
Three South Korean AI startups target global AI market using Oracle Cloud
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AI & Enterprise
TmaxSoft launches ProObject 22 application framework
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Crypto
Crypto exchange closures may signal market bottom, Tom Lee says
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Crypto
Ripple infrastructure grows but XRP stays quiet as 2028 breakout scenario emerges
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Crypto
Hashdex ETF introduces staking rewards, investors paid only above threshold
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Crypto
Shiba Inu burn rate jumps 5,223 percent in a day, raising questions over rally
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Crypto
XRP nears end of downtrend channel; rebound possible after $0.84 support
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Telecommunications & Media
Broadcast Media Telecommunications Commission warns of exaggerated ads for Galaxy Z8 preorders
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Industry
MSIT launches Chungcheong information security cluster to grow regional security industry
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Crypto
Forget bitcoin for now: Why ethereum is in focus this summer
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Industry
South Korea science ministry breaks ground on Korea New Light Accelerator, aims for 2029 completion
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Industry
Woowa Brothers renews ISO 37301 compliance management certification
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Games & Commerce
AXZ changes name to Daum, steps up shift to AI portal
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Games & Commerce
Naver forms $10 billion AI infrastructure alliance with Nvidia and Brookfield
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Crypto
KB Kookmin Bank to launch import-export payments using JPMorgan Kinexys blockchain network