Search results for Yulchon
Games & Commerce
Game industry calls for tax credit on development costs
South Korea\'s game industry called for a tax credit on game production costs, arguing that film and webtoons receive such benefits while games do not. At a policy forum at the National Assembly, speakers cited low use of existing R&D tax credits by game firms and presented estimates of investment and job gains from a new credit. The finance ministry warned of possible duplicate deductions, while the culture ministry said actual uptake is minimal.
Industry
Lotte Chemical Q4 operating loss widens 85.7 percent
Lotte Chemical said on Tuesday it posted fourth-quarter revenue of 4.71 trillion won and an operating loss of 433.9 billion won, with revenue down 1.7 percent from a year earlier and the loss widening 85.7 percent. Full-year consolidated revenue was 18.48 trillion won and the operating loss was 943.6 billion won. The company cited seasonal factors and new operations at Lotte Chemical Indonesia, and set out plans to expand high value-added products and energy-related businesses.
AI & Enterprise
U.S.-China coding AI clash as security industry M&A spreads
Coding remains the main battleground in generative AI in early 2026, with DeepSeek expected to highlight coding in its upcoming V4 model and Anthropic’s Claude Code gaining traction in Silicon Valley. Research cited in the article points to rising DeepSeek usage and ongoing security risks in AI-generated websites. Chinese AI firms post revenue gains, while major cybersecurity companies pursue acquisitions. OpenAI, Google, Microsoft, Apple and others roll out new AI products and partnerships, alongside developments in Korea’s AI initiatives.
