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Games & Commerce

Krafton CEO Kim Chang-han buys 5 billion won of company shares, citing stock price

Krafton said on Tuesday its CEO Kim Chang-han (김창한) bought about 5 billion won worth of the company’s shares, citing a view that the current stock price does not adequately reflect the company’s intrinsic value and mid- to long-term growth strategy. Kim acquired 21,144 common shares on the open market at 234,249 won per share, for a total purchase of 4.95 billion won, the company said.

AI & Enterprise

Krafton, Hanwha Aerospace form \'physical AI\' alliance, plan joint venture

Krafton said on March 13 it has formed a strategic alliance with Hanwha Aerospace in physical artificial intelligence and will pursue joint development and commercialisation across various areas, including the defence industry. The companies signed an MOU covering co-development of physical AI technology and plans to establish a joint venture. Krafton will also participate as an investor in a Hanwha Asset Management fund with a target size of 1 billion dollars focused on AI, robotics and defence.