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Finance

Household loan cap raised to 3 percent; scraping to be phased down

South Korea’s financial authorities loosened parts of their household loan management stance by raising this year’s lending growth target to 3 percent from 1.5 percent and planning 47.8 trillion won-plus in housing supply finance support. The move is expected to expand banks’ annual capacity for household loans to around 60 trillion won. Authorities also agreed not to block scraping all at once, opting to phase it down while preparing alternatives such as public MyData.

AI & Enterprise

NHN Cloud completes verification of Tibero TAC, applies it to Daegu public cloud

NHN Cloud said on Aug. 13 it completed a proof of concept verifying the operational stability of TmaxTibero\'s Tibero Active Cluster (TAC) in a multi-hypervisor cloud environment and applied it to the Daegu public-private partnership (PPP) cloud. TAC is an active-active clustering high-availability solution. NHN Cloud said it applied SR-IOV to enable fast, stable communication between database servers and completed deployment at the National Information Resources Service Daegu Center in July.

Games & Commerce

NHN to expand AI GPU investment, secure additional 30 MW data centre capacity by next year

NHN is stepping up growth strategy centred on its artificial intelligence GPU business, planning to expand data centres and the latest GPU infrastructure and win overseas customers. It reported second-quarter revenue of 757.9 billion won and operating profit of 57.9 billion won, both record quarterly highs. NHN Cloud’s AI GPU business drove results, with cloud revenue up 85.3 percent. The company is also focusing game development on Japan and expanding payments into stablecoin settlement infrastructure.