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Games & Commerce

Google targets portal entryway, putting Naver AI search to the test

Google has expanded its AI-enabled browser, Gemini in Chrome, in South Korea, raising a key test for market leader Naver\'s AI response. The update adds in-browser tools such as webpage summaries, cross-tab comparisons, email drafting, image conversion and integrations with Gmail, Maps, Calendar and YouTube. Naver plans to launch an AI tab in the second quarter and aims to link search with its vertical services, including shopping, places and payments, while managing rising GPU-related infrastructure costs.

Games & Commerce

Naver, Kakao expand R&D spending, focus on in-house AI

Naver and Kakao increased research and development spending last year to record levels, their filings showed. Naver spent 2.22 trillion won and raised R&D to 18.5 percent of revenue, focusing on wider use of its HyperCLOVA X AI and expanding computing infrastructure. Kakao spent 1.30 trillion won, or 16 percent of operating revenue, and created the Kanana organisation to strengthen in-house large language model development.

Games & Commerce

Naver shareholders\' meeting turns into complaints over share price

Naver held its 27th annual shareholders\' meeting on March 23 at its Green Factory headquarters in Seongnam, south of Seoul, approving all five agenda items as proposed. Although the company confirmed record results, shareholders focused on the weak share price and questioned the level of shareholder returns. CEO Choi Soo-yeon outlined 2025 revenue and profit growth and a new three-year return policy, while investors also raised questions about a Dunamu combination, robotics and sovereign AI.