Search results for Strategy
Finance
KOSPI faces rebound test as Samsung Electronics and SK Hynix shareholder returns in focus
South Korea\'s stock market will test the scope for a rebound this week as investors weigh the U.S. Federal Open Market Committee meeting and major earnings at home and abroad. With doubts persisting about the profitability of AI investment, semiconductor results and future investment plans are expected to shape sentiment. SK Hynix reports third-quarter earnings on Oct. 28 and Samsung Electronics releases final third-quarter figures on Oct. 29, with attention on HBM demand, capex and shareholder returns.
Mobility
Robotaxis to begin test runs in Kazakhstan in 2027 under inDrive, Pony.ai, Nvidia tie-up
Ride-hailing platform inDrive will work with Chinese autonomous driving firm Pony.ai and Nvidia to start robotaxi test runs in Kazakhstan in the first half of 2027, beginning in the capital Astana. The companies plan to link Pony.ai robotaxis to inDrive’s app, with Nvidia providing AI technology including its Hyperion platform and Halos safety system. Tests will start with safety operators onboard, with a long-term goal of fully driverless operation.
Finance
Woori Bank shakes off first-half slump, posts record third-quarter net profit
Woori Bank rebounded from weak first-half results, posting a record quarterly net profit of 1.03 trillion won in the third quarter, up 22 percent from the previous quarter. Nine-month net profit rose 4.7 percent from a year earlier to 2.40 trillion won. Higher interest income from expanded corporate lending, stronger non-interest income and lower loan-loss provisions supported results. Its net interest margin fell and delinquency indicators worsened.
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AI & Enterprise
Hancom targets U.S. small businesses with AI workforce platform
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AI & Enterprise
PIPC launches Daegu Digital Innovation Agency\'s Personal Data Innovation Zone operations
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Industry
Micron drops next-generation 4F2 DRAM technology after 20 years of research
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AI & Enterprise
Anthropic core team says Claude now writes almost all code
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Telecommunications & Media
Apple iPhone Duo sequel draws talk of bigger screen, telephoto camera
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AI & Enterprise
Baek Kyung-hoon says frontier AI project not ordered by president
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AI & Enterprise
Dassault Systemes, Vertiv team up to validate AI factory infrastructure in virtual environment before buildout
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AI & Enterprise
AhnLab shares AI-based security strategy at AhnLab Tech Summit
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Industry
Justem aims for 300 billion won in revenue, 2 trillion won valuation by 2030
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Crypto
Ripple expands RLUSD usage with Arf payment platform partnership
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Industry
Shinsegae taps Chung Yong-jin as E-Mart CEO, names record 36 new executives
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AI & Enterprise
Jensen Huang says neocloud demand surging but lack of capital hampers growth
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Mobility
GM unveils fourth-generation EV platform, bets on LMR batteries and central computing
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Crypto
Bitcoin shifts from speculative asset to institutional treasury strategy, drawing Wall Street attention
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AI & Enterprise
Pinda Savings Bank names Park Yeon-hyun as first CEO