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AI & Enterprise
Personal data protection master plan announced to support trust-based AI innovation
South Korea\'s Personal Information Protection Commission on Thursday announced a third basic master plan for personal data protection for 2027 to 2029 as a joint agenda item with relevant ministries at an economic ministers\' meeting. The plan sets out a vision of a trusted data environment and an AI society. It includes four strategies and 12 tasks, including redesigning rules for AI, strengthening prevention-focused protections, upgrading policy and expanding remedies and rights safeguards.
Finance
KB Kookmin Bank runs cooperative open store in Jeonju
KB Kookmin Bank will run a cooperative \"open store\" in Jeonju to help expand sales channels for local small merchants and boost the regional economy. The bank will operate the event with Hyundai Department Store and the National Pension Service from July 6 to 9 at the NPS Happiness Pension Hall in Jeonju, North Jeolla Province. The bank will cover operating costs, while partners provide brands, space and promotion. Consulting booths and seminars are also scheduled.
Telecommunications & Media
Apple shares rebound 5 percent on hopes for foldable iPhone Ultra output boost
Apple shares rebounded 5 percent after falling following a price hike announcement, as investors focused more on the potential expansion of a foldable iPhone. NineToFiveMac reported that Apple asked suppliers to increase production of the foldable iPhone Ultra, lifting its target from 7 to 8 million units to about 10 million. IDC expects the model’s average selling price at about $2,500.
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AI & Enterprise
PIPC discusses ways to expand use of regional AI data
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AI & Enterprise
HCG adds year-end tax settlement AI chatbot to payroll outsourcing service
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Finance
No exceptions to accountability as savings banks adopt accountability maps
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AI & Enterprise
Interbiz Bio Forum opens in Jeju to discuss investment cooperation
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Crypto
Dunamu to expand recovery support for financially vulnerable, donate 4.5 billion won over 3 years
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People
Korea Fujifilm BI appoints Shigeta Kotake as new president and CEO
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Industry
Seoul Hongneung, Pohang, Incheon Seo-gu and Jinju small strong special zones rated excellent
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Fintech
Woori Bank and Korea Institute of Finance launch \'Recognized Store\' project for micro self-employed
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Finance
FSS to step up checks on basic IT controls at financial firms in second half
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AI & Enterprise
Encore attends ISO/IEC standardisation meeting, shares global data technology direction
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Finance
Samsung Asset Management points to AI bottlenecks as second-half ETF theme
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Games & Commerce
Nexon Games signs MOU with Korea Ceramic Foundation for Blue Archive craft project
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Finance
Shinhan Financial joins KIBO, Seoul National University Hospital to foster K-bio ventures
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AI & Enterprise
Science ministry, KISA launch 7 programmes to strengthen SME security basics
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Telecommunications & Media
Broadcasting media commission to support TV ad production costs for two small firms