Search results for Yulchon
AI & Enterprise
Race to foster AI data centres; industry calls for deregulation and tax credits
Industry figures called for developing AI data centres as \"AI factories\" that produce computing resources, citing job creation and regional balanced development. At a forum hosted by the Korea Telecommunications Operators Association in Seoul, an SK Telecom executive urged attracting big tech AI computing demand and building domestic production hubs, while calling for deregulation and tax credits. Speakers also outlined planned sub-regulations for a special AI data centre law, including power-capacity criteria, streamlined permits and special zones outside the capital region.
Industry
Lotte Chemical posts 110.1 billion won Q2 operating profit, returns to profit year on year
Lotte Chemical posted second-quarter operating profit of 110.1 billion won on revenue of 5.69 trillion won, returning to profit from a year earlier. Revenue rose 39.2 percent and operating margin improved to 1.9 percent. The company cited production optimisation and profitability-focused operations amid supply chain uncertainty. Advanced materials posted 132.5 billion won operating profit. The firm is pursuing restructuring centred on its Daesan and Yeosu plants and advancing a Yulchon compounding plant.
Telecommunications & Media
Popular channels used for MPP bundling; cable operators lack means to refuse
Rules governing channel transactions premised on cable operators\' dominance do not fit current market conditions, a seminar heard. Some large multi-programme providers use popular channels to push bundled deals, leaving operators unable to drop only unwanted channels, analysts said. A professor argued guidelines banning forced bundling are not working in practice and called for recognising refusal of individual contracts as grounds to end a channel. Lawyers also urged assessing bargaining power case by case.
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Games & Commerce
Warning signs as game industry growth slows, calls for tax credits for production costs
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Games & Commerce
AI use in games expands beyond dev tools to live services as policy support grows
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Finance
Hana Bank to promote trust services for disabled people with On Yul
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People
Global K-Culture Economy Forum launches to support content and cultural finance
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Games & Commerce
Game industry calls for tax credit on development costs
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Industry
Lotte Chemical Q4 operating loss widens 85.7 percent
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AI & Enterprise
U.S.-China coding AI clash as security industry M&A spreads
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Industry
Korea reclassifies battery recycling as critical mineral manufacturing
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AI & Enterprise
BHSN, Yulchon launch legal AI service AI:Yul