Contents First, the creator of Tappytoon and a global digital comics industry leader specializing in IP development, production, distribution, and transmedia, today announced its groundbreaking partnership with Penguin Random House’s new global pop-comics imprint, Inklore. In an unprecedented move t
AI momentum, which was prevalent earlier this year, has dried up for now, but AI businesses continue to grow. NAVER’s earnings should remain stable in 3Q23, and 4Q23 should see significant growth thanks to peak seasonality and commerce commission fee billing.Expect significant growth on peak seasona
The Carbon Free Alliance (CF Alliance), proposed by President Yoon Suk-yeol during the UN General Assembly last month, has been officially launched in South Korea on Oct. 12. Major domestic corporations, including Samsung, Hyundai, SK, LG, POSCO, and Hanwha, have joined the CF Alliance.The Ministry
As the issue of expanding insurance premium payments through credit cards remains unresolved and in limbo, the insurance industry is becoming increasingly concerned. This unease is fueled by predictions that the usage volume of convenient payment services like Kakao Pay and Naver Pay will surpass cr
Claims have emerged that Google Korea’s revenue for the previous year is up to 30 times higher than what was disclosed in its audit report. Taking into account the omitted revenue in the audit report, it is suggested that the corporate tax owed to the South Korean government by Google Korea could be
The Korea Communications Commission (KCC) announced that it has initiated a fact-finding investigation to confirm the violation of the Telecommunications Business Act by Naver’s news service starting from Sept. 25.Since July 5, the KCC has been conducting a factual investigation to determine whether
'ABSOLUT GROUND MIX WITH STICKY MONSTER LAB', a brand Pop-up store of ABSOLUT, a premium vodka representing Pernod Ricard Korea Co., Ltd. (Hereinafter referred to as 'Pernod Ricard Korea'), has accumulated 10,000 visitors in 23 days since its opening. It was announced on the Sep. 15th that 10,000 pe
ArkData registered Ark for CDC, a real-time heterogeneous data replication solution on NHN Cloud Marketplace.Through this Marketplace registration, customers who need data replication on NHN Cloud can get the service efficiently in a monthly subscription form. Since there is no need for an additiona
As Google’s YouTube Music continues to dominate the Korean music market, Korean music streamers are looking for ways to survive.The amount of monthly active users (MAU) of Korean music streaming companies has been declining while YouTube Music has been growing at a high rate. As a result, Korean com
Samsung SDS has entered the market for generative artificial intelligence (AI) services. Rather than developing its own generative AI, the company will launch services that help companies by utilizing existing large language models (LLMs) such as ChatGPT.On Sept. 12, Samsung SDI held the Real Summit
Answering AI startup, 42Maru, announced its participation in Global Mobile Vision 2023 (GMV 2023) to be held at the Grand Hyatt Seoul from Sept. 12 to 13.Celebrating its 16th year, GMV 2023 is an ICT-focused export consultation event hosted by KOTRA in collaboration with institutions such as Naver C
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Compared with April, Hong Kong and Singapore investors’ outlook toward the Internet sector has improved considerably. We anticipate AI-related momentum and earnings recovery at Internet firms. In
It has been disclosed that among the stock assets held by conglomerate leaders and their families, there are 22 instances where the stock assets of the next generation surpass 50 percent. This increase in the inheritance and gifting of stocks as part of the generational transition within these congl
The author is an analyst for NH Investment & Securities. He can be reached at bk@nhqv.com -- Ed.In terms of policy effects, the US appears to be winning this new phase of the Cold War. Although Korea has chosen to support the US, it is still impacted by developments in both the US and China due to i
Naver has unveiled HyperClova X, a new generative artificial intelligence (AI) platform. Naver will build an AI ecosystem and establish a model for mutual growth with Korean startups through the AI platform.At the DAN23 Conference held at the Grand InterContinental Seoul Parnas on Aug. 24, Choi Soo-
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.NAVER’s AI businesses are to kick off in earnest with the unveiling of HyperCLOVA X on Aug 24. Despite competition from global tech giants, we expect NAVER to maintain its leadership in the domest
ABSOLUT premium vodka, Pernod Ricard Korea’s flagship brand, is collaborating with Sticky Monster Lab to open a pop-up space called ‘ABSOLUT Ground’ mix with Sticky Monster Lab at Common Ground near Konkuk University in Gwangjin-gu, Seoul.Our second pop-up space following last year’s ‘ABSOLUT Home’
Despite a sharp decline in operating profits, the top 50 companies in the stock market (KOSPI) have increased their workforce by more than 13,000 employees.According to the semi-annual reports released on Aug. 16, the combined operating profit of the top 50 companies in the KOSPI index, excluding fi
Over the past five years since 2018, Samsung has reduced the number of its overseas subsidiaries by approximately 100, whereas Hanwha has increased its number by more than 400, leading the group with the most overseas entities. Particularly, Samsung has actively reduced 22 of its subsidiaries in Chi
The market capitalization of conglomerate subsidiaries listed on the KOSPI has shown a sharp increase of approximately 350 trillion won (US$271.21 billion) compared to the beginning of the year. Particularly, 17 companies affiliated with Samsung Group recorded the largest increase, with their combin