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Industry
Court orders SK Group chairman Choi Tae-won to pay Roh So-young 944 billion won in asset division
A Seoul appeals court ordered SK Group Chairman Choi Tae-won to pay 944 billion won to Roh So-young, director of Art Center Nabi, in an asset division ruling. The amount is more than 400 billion won lower than the 1.38 trillion won set by an earlier appeal court. The court included Choi’s SK Inc stake in the assets. The dispute has centred on whether the shares were divisible and which date to use for valuation.
AI & Enterprise
IT, telecom industry rushes AI-centric rebranding
A rebranding wave highlighting artificial intelligence is spreading across South Korea\'s IT and telecom industries. Companies are adding AI to corporate names or attaching it to service brands to redefine their identities. Industry groups are also changing their names. The trend is expanding into products and services and is being framed as a survival strategy as value chains shift after generative AI. Critics warn that firms lacking real technical capabilities may lose market trust.
Telecommunications & Media
SKT re-emerges as top stock pick after hacking setback
SK Telecom, which struggled after a hacking incident a year ago, is again emerging as a key stock market pick, with its share price nearing 100,000 won. Analysts see its AI business beginning to be reflected in the valuation, alongside gains in the value of its Anthropic stake and expectations for data centre expansion. The stock has recovered sharply from last year’s drop after a USIM hacking incident and subscriber losses.