Search results for government subsidies
Games & Commerce
SOOP posts Q2 operating profit of 12.6 billion won, to bolster streamer ecosystem, AI and ads
SOOP said it will push a platform overhaul in the second half focused on attracting new streamers and boosting user engagement. The company plans to introduce a system where streamers discover and foster new creators, roll out AI-based UI and UX changes, and build an integrated marketing consulting brand by combining advertising capabilities across affiliates. SOOP reported second-quarter revenue of 103.8 billion won and operating profit of 12.6 billion won, both down from a year earlier.
Industry
Semiconductor boom, but South Korea\'s chip equipment exports to China fall
South Korea\'s semiconductor exports rose past $40 billion for the first time on a monthly basis, extending a 16-month streak of gains. But exports of semiconductor manufacturing equipment to China edged down in June even as memory chip shipments surged. The article points to China focusing on domestically made back-end processing equipment as the United States tightens controls on advanced lithography tools. Hybrid bonding and other back-end processes are highlighted as key areas of Chinese localisation.
Crypto
AI era brings focus on yen stablecoins as Japan weighs strategy
Japan is increasingly debating the need for yen-denominated stablecoins and related rules as AI agents begin to make autonomous payments. At WebX 2026, Takafumi Horie and JPYC CEO Noritaka Okabe discussed payment infrastructure, security design and legal frameworks. They argued currency choice could be a competitive edge, citing stability and accounting and tax needs. They also pointed to Japan’s crypto tax burden and the importance of AI-friendly regulation.
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Crypto
UK Parliament climate finance proposal names XRPL as operating infrastructure for renewables
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Industry
Solum wins Saudi EV charger manufacturing incentive approval, first for Korean company
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Industry
Schneider Electric Korea joins government smart factory program
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AI & Enterprise
South Korea\'s top three mobile carriers\' R&D spending share led by SKT, followed by KT and LG Uplus
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Industry
Samsung Electronics targets electric heating conversion market, unveils Korea-style heat pump boiler
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Mobility
Surging fuel prices boost global EV sales but U.S. supply constraints limit growth
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Industry
Ford CEO calls for blocking Chinese EVs from U.S. market
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Industry
Korea post office evolves into everyday safety infrastructure beyond delivery
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Industry
Chabi enters California electric vehicle charging market
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Mobility
Tesla launches six-seat Model Y L in South Korea from 64.99 million won
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Industry
Chip prices set to rise again amid supply shortage and higher oil costs
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AI & Enterprise
MOTIE says M.AX Alliance expands to 1,300 participants; humanoid pilots to rise to 30 sites
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Finance
Shinhan Bank joins Project Hangang phase 2
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Industry
Trump launches Section 301 probe into 16 economies, cites evidence of overcapacity in South Korea
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AI & Enterprise
LG CNS tests AI-based digital currency auto-payment with Bank of Korea