Games & Commerce
NHN Q1 operating profit falls 5 percent on ahead-of-curve AI infrastructure investment
NHN said its first-quarter operating profit fell 5 percent from a year earlier as it reflected costs for upfront investment in artificial intelligence infrastructure, including building AI GPU infrastructure. The company posted a 11.9 percent rise in quarterly sales to 671.4 billion won and operating profit of 26.3 billion won. Revenue rose across payments, games and technology, while NHN also announced a 16.7 billion won share buyback to be fully cancelled.
