Search results for tax credits
AI & Enterprise
AI strategy panel delivers six humanoid tasks to ministries; edge chips, testbeds urgent
South Korea\'s National AI Strategy Committee held an industry meeting on humanoid robots on June 9 with robot and AI companies and academic experts. Participants discussed ways to secure domestic technological sovereignty and speed up deployment in manufacturing and services amid competition from global big tech and overseas firms including China’s Agibot. Private-sector members proposed six policy tasks, including testbeds, edge AI chips and expanded incentives, and the committee delivered the recommendations to relevant ministries.
Industry
Hanwha Solutions sells 200 billion won AMPC securitisation
Hanwha Solutions said on May 21 it recently sold about 200 billion won ($130 million) of the Advanced Manufacturing Production Credit (AMPC) it received last year to a third party. It plans to continue accelerating early cash conversion of AMPC to speed up improvements in its financial structure. The AMPC provides tax credits for solar products made in the United States, and the credits can be transferred to third parties.
Games & Commerce
Zero tax support for production costs; K-games face neglect despite 60 percent of content exports
South Korea\'s game industry, which accounts for 60.4 percent of the country\'s content exports, has been excluded for years from production cost tax credits that apply to video content and webtoons. The sector is growing slowly, usage rates are falling and small and mid-sized developers are going bankrupt as development costs rise. The Culture Ministry has submitted a proposal to the Finance Ministry, while lawmakers have introduced bills to expand tax credits and adjust related rules for games and e-sports.
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Finance
Kbank starts national treasury disbursement service, enabling tax refunds to be paid into accounts
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Finance
Toss Bank secures treasury receiving agent status directly linked to Bank of Korea
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Industry
LG Energy Solution posts Q1 operating loss of 207.8 billion won, swings to red
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Industry
Battery industry profit recovery comes into view as lithium prices rise
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Mobility
Surging fuel prices boost global EV sales but U.S. supply constraints limit growth
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Telecommunications & Media
KTOA holds 9th AI Future Value Forum, seeks ways to strengthen AX competitiveness
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Games & Commerce
77 percent of game workers fear AI job insecurity; only 37 percent expect tax credit benefits to reach workplaces
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AI & Enterprise
AIDC special act clears science and ICT panel; power exemption debate looms in judiciary review
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AI & Enterprise
AI arrives but rules stuck in SI era; software industry urges overhaul of network separation and pay system
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Finance
Korea Investment Trust Management publishes ISA pension guidebook
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Industry
Korea Display Association launches full-cycle supply chain checks amid supply worries
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Industry
Korea\'s three battery makers set for first-quarter losses
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Mobility
Sony-Honda EV project scrapped as \'Team Japan\' stumbles on financial strain
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Telecommunications & Media
IPTV content fee payment rate stuck in high 20s, below other industries
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Games & Commerce
Game industry calls for tax credit on development costs