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Industry
SK launches Impact Booster to help social ventures scale up
SK said on Wednesday it will launch a scale-up support programme, Impact Booster, for social ventures at the growth stage. The programme targets social ventures that have moved beyond Pre-A funding and entered Series A or B rounds, before an IPO. SK plans to select about 10 companies a year, offering business cooperation with key affiliates and up to 70 million won in support, provided in phases based on progress and collaboration projects.
AI & Enterprise
NHN consortium selected to lead health ministry AI smart home project
An NHN-led consortium has been selected as the lead organisation for the Ministry of Health and Welfare’s programme to support rapid commercialisation of AI application products in the smart home field, NHN said on Wednesday. The project aims to integrate AI and Internet of Things technologies into care services to provide 24-hour safety, emotional and health services. The consortium plans to build a smart home platform and conduct pilot tests for 400 households in Gyeonggi and South Jeolla.
Finance
KOSPI briefly tops 7,500 intraday, hits another record on U.S.-Iran war-end hopes
South Korea\'s KOSPI extended early gains on May 7 and briefly broke above the 7,500 mark intraday, setting another record as expectations of a war-ending agreement between the United States and Iran improved investor sentiment. Samsung Electronics and SK Hynix hit fresh intraday highs and led the rise. Individuals were net buyers while foreigners and institutions sold. The won strengthened slightly against the dollar.
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AI & Enterprise
SK AX expands AI talent training beyond capital region
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AI & Enterprise
South Korea\'s top three mobile carriers\' R&D spending share led by SKT, followed by KT and LG Uplus
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Finance
KOSPI enters 7,000 era as concentration and leverage risks grow
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Industry
Samsung Electro-Mechanics evolves into an AI infrastructure company
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AI & Enterprise
National Growth Fund AI bets on Upstage and Rebellion in spotlight
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Crypto
Bitcoin to KOSPI? Why overseas crypto investors are piling into South Korean stocks
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Finance
KOSPI closes above 7,300 for first time as foreigners buy over 3 trillion won
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Finance
KOSPI breaks through 7,000 for first time as market cap tops 6,000 trillion won
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Finance
KOSPI triggers buy sidecar as it surges past 7,300 for eighth time this year
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Finance
KOSPI breaks 7,000 for first time, reclaims 3,000 after 11 months
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Industry
Conventional DRAM overtakes HBM profitability; memory big two draw attention with different responses
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People & Corporate
SKT invites employees\' families for Children\'s Day event
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Industry
Samsung Electronics tops parents\' stock gifts to minor children, Kia second
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Telecommunications & Media
Korea carriers step up experiences and exhibition perks for May family outings
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Finance
KOSPI closes above 6,930 for first time; top 10 groups\' market cap tops 4,000 trillion won