SK hynix announced today that it will showcase the technology for ultra-high performance memory products, the core of future AI infrastructure, at CES 2024, the most influential tech event in the world taking place from January 9 through 12 in Las Vegas.SK hynix said that it will highlight its futur
Page Profit Share (PPS), a revenue diversification program created by Naver Webtoon to share profits with cartoonists, has grown 87 times in 10 years since its introduction. The annual revenue has crossed the 2 trillion won line. In the future, based on the intellectual property (IP) of original wor
Seven European startups that received equity investment from Naver have grown into unicorns with an enterprise value of more than 1 trillion won. Naver established a European investment fund six years ago to expand its business territory around the world and discover promising venture startups.Naver
Nexon, one of South Korea's leading game publishers, will become the second-largest shareholder of Hollywood film production company AGBO, an independent film and television production company best known for its work in the Marvel Cinematic Universe, most notably "Avengers: Infinity War" and "Av
Mirae Asset Management announced that Global X Japan, a joint venture formed by Mirae Asset Global Investments Co. and Japan’s Daiwa Securities Group, will newly list four innovative growth-themed ETFs on the Tokyo Exchange on June 23.The new ETFs focus on globally competitive Japanese industrial co
The Ministry of Communication and Information Technology of Indonesia is considering introducing a new bill to make major content providers responsible for maintaining the quality of communication services.The bill is similar to the latest version of the Telecommunications Business Act of South Kore
LG Uplus announced on June 11 that it has signed a contract with Taiwan's largest telecommunication company, Chunghwa Telecom, to export 5G VR content.Chunghwa Telecom is the fourth foreign telecom operator to import LG Uplus’s 5G content, with the other three bing China Telecom, Hong Kong Telec
South Korea's exports of cultural content maintained their upward momentum last year.The country’s content exports increased 8.4 percent in 2018 from the previous year to reach US$9.55 billion (11.29 trillion won), according to a report released by the Ministry of Culture, Sports and Tourism and
Korean information technology (IT) companies that operate their own mobile platforms have been competing against each other in the Japanese webtoon market. Although Japan is called a "cartoon kingdom," its transition from books and magazines to digital was relatively slow, and Korean IT companies fo
LINE, a Naver subsidiary in Japan, has recently announced aggressive new business strategies in fields such as content, commerce, and fintech. This announcement, according to an analyst with NH Investment & Securities, deserves attention given that these business areas are currently at the center of
The competition between Naver and Kakao for in the Japanese webtoon market is in full swing.Naver announced on June 25 that it will invest 150 billion won in Naver Webtoon by participating in its capital increase.Naver Webtoon was separated from Naver in May last year after operating as an independe
According to content industry source including the Korea Foundation for International Culture Exchange (KOFICE) on September 6, South Korea’s content industry has been supporting the lower part of the national economy that is heavily dependent on exports. Despite the economic slump at home and aboar
Kong Studios, Inc., a startup based in Silicon Valley of the U.S., announced that the global sales of its puzzle mobile game “Dungeon Link,” which was published by GAMEVIL, surpassed US$10 million (11.23 billion won) as of summer. Dungeon Link is not that popular in Korea. However, it has been loved
When we, the Korean press delegation, arrived at Weifang on June 26, it was already past noon. We unpacked our bags at the hotel and attended the lunch banquet hosted immediately by Ding Hanbang, vice head of the Weifang municipal publicity department. Speaking of a lunch dish made with radish, the
With a heavy rain pouring down, the Korean press delegation visited the Yantai China-South Korea Industrial Park in Yantai City located in Shandong Province, China, on June 23. There were plenty billboards lining the roads around the park, which read “Choose Yantai, Way Forward for the Future” and “
The SPC Group announced on Dec. 18 that it has opened a Paris Baguette shop that has been redecorated in a “Big Bang” theme in Shanghai, in partnership with YG Entertainment. “Big Bang” is a Korean idol group that has also spawned a line of cute animation characters. This is the first store in both
An increasing number of mobile game developers are making use of pre-existing intellectual property (IP) these days. Popular webtoons, online games, and messenger character emoticons are being incorporated into mobile games.The 2D mobile role-playing game God of High School, developed by YD Online a
The E-Land Group announced on July 22 that it has completed part of the room renovations in its Pyeongchang Kensington Flora Hotel in Gangwon Province and is holding an Olympic-themed special exhibition at the hotel.Kensington Flora Hotel, which has Korea’s biggest French-themed garden, has renovate
“Gangnam Style” star Psy plans to release Chinese versions of more of his songs to reach out to his new Chinese-language fans, according to his management agency.YG Entertainment announced last Thursday that tracks on Psy's new album, including “Paradise” and “The End,” are projected to appeal to a
A Korean research team announced on Feb. 3 that they have successfully developed an imaginative computer program that can acquire information contained in videos and make up words or dialogue suitable for each scene shown on the screen. A research team headed by Jang Byung-tak, professor of the Depa