Company
KT Corp is South Korea's largest telecom carrier, offering mobile, broadband and TV services, and expanding into cloud and AI.
Kia began a Pangyo car-sharing trial on Thursday in which off-site operators drive empty PV5s to users over 4G and 5G through year-end. Both reports call it cheaper than full autonomy without giving a cost, so the trial's data is the first test of that claim.
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SK Telecom requires outside suppliers to submit a software bill of materials and now distributes BomLens on GitHub to help produce one. Its view of open-source risk in purchased software rests on how accurately vendors scan their own code.
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Victims of breaches at seven Korean lenders, Shinhan Bank among them, are recruiting members for class-action damages suits. With suspects in earlier Korean data cases still uncaught, the lenders look like the only parties those suits can reach.
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South Korea's interior ministry will build disaster recovery for 13 of about 15,000 state information systems by the first half of 2027. Its other commitment, replacing the fire-hit Daejeon center by 2030, is still open between new construction and a lease.
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GMI Cloud raised $668 million, two-thirds of it through a $445 million credit facility led by CTBC and the rest as a $223 million Series B. Repaying debt on that scale depends on the more than $600 million in contracted annual revenue GMI reports and on how quickly it puts GPUs into production to serve it.
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Three consortia will run a free tier with no usage caps on state-supplied hardware, under a rule that Korean models carry at least half the load. The ministry has published neither the cost nor a target for uptake.
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Seoul is buying distribution rather than compute. The government is handing operators a donated chip grant, has set an 80 percent domestic serving floor, and hasn't published what the programme will cost - all in a country where roughly 1.8 million people pay for any AI at all.
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Seven more companies, among them major domestic financial groups, have asked to join a consortium of 16. The paid tiers KT sketches for business users and premium public services are still conditional.
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The Ministry of Science and ICT has picked three consortium leads and set September betas, which hands the market a delivery calendar long before it hands anyone a number worth modelling.
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The subsidy is paid to the worker rather than the employer, so provincial hiring gets cheaper without any firm spending a won of its own, and what happens to posted pay over the next year will show who really collects.
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The Ministry of Employment and Labor wants routine reassignments tied to building or expanding a workplace kept out of bargaining and dispute scope, which hands chipmakers a quieter path from capex to a staffed fab. The final text is due next week.
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