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AI & Enterprise
ITCEN CLOYT swings to profit in Q3, targets AI, cloud and sports tech
ITCEN CLOYT, an ITCEN Group company specialising in AI and cloud, said on Thursday it posted year-to-date third-quarter revenue of 158.2 billion won and an operating profit of 2.79 billion won, swinging from a loss a year earlier. Net profit was 2.57 billion won. The company said growth was supported by expanding cloud build-and-run projects for large enterprises, higher infrastructure and solution supply and a broader global sports business.
People
ITCEN Group chairman Kang Jin-mo to run for Korea Billiards Federation president, unveils four pledges
Kang Jin-mo, chairman of ITCEN Group, is running in the election for president of the Korea Billiards Federation (KBF). Ahead of the vote, he announced four pledges and 12 detailed tasks under the vision of connecting billiards with the wider world. Kang said South Korean billiards has world-class skill and participation but lacks matching industrial foundations and international standing. The election will be held by online voting on Oct. 1.
AI & Enterprise
ITCEN Cloit expands billiards business, rolls out more events
ITCEN Cloit is rolling out a series of events as part of an expansion of its billiards business. Working with billiards specialist Quesco, it has launched a brand and opened a new space at its Gwacheon headquarters that incorporates AI and augmented reality. The company has held an in-house championship and invited top professional players. It will also host a two-day amateur three-cushion tournament in September with prize money and gold prizes.
