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July 31
- Cheongho Nice Launches Dance Challenge to Celebrate Release of IceTree Pli1. Cheongho Nice has announced a dance challenge called 'Free Dance Challenge' to celebrate the launch of its new ice purifier, IceTree Pli. 2. Participants are encouraged to create and upload dance videos on their personal SNS, showcasing the refreshing and cool features of IceTree Pli, set to the song 'IceTree Pli Song'. 3. The event runs until August 19th, with prizes including an IceTree Pli purifier and eco-friendly picnic mats for winners.
- Korea Display Association to Support Members' Entry into India1. The Korea Display Association held a meeting with the Indian Embassy to discuss cooperation channels for stable entry into India, relay industry opinions on the Korea-India CEPA, and explore collaboration opportunities in the display sector between the two countries. 2. India is seen as a promising new location for display manufacturing due to government support and global companies' plans to diversify their supply chains away from China. 3. Indian companies like Vedanta are making moves to establish LCD production facilities, and foreign companies such as Sharp are considering setting up large LCD panel production lines in India.
- On-site: 'AI Basic Law is a Long-term Battle... Urgent Need for AI Literacy Law'1. AI literacy is emphasized as crucial for understanding AI technology, its influence, and limitations; 2. Experts and industry leaders stress the importance of AI literacy for the effective use of AI technology and laws; 3. Efforts are being made to spread AI literacy through education programs and policy initiatives.
- Netmarble's 'I Level Up Alone', New Hunter Amamiya Mirei Added1. New SSR-rank wind-attribute assassin character, Amamiya Mirei, added with unique skills; 2. New content such as instance dungeons and closed missions introduced; 3. Various updates and events, including a summer-themed event and attendance event, are being held.
July 30
- Kwon Tae-il of Yuracle Expresses Confidence... 'This Time, Yuracle Will Go Public'1. Kwon Tae-il, the representative of Yuracle, expressed confidence in the company's upcoming IPO and its plans for business expansion; 2. Yuracle is planning to enter overseas markets after its listing on the KOSDAQ; 3. The company has seen a significant increase in sales from major conglomerate affiliates and aims to leverage its funds raised through the IPO for global expansion and SaaS development.
- Google's $32 Billion Acquisition Offer Rejected by Wiz, Commits to Protecting Korea's AI Security1. Wiz, a cloud security company, has rejected a $32 billion acquisition offer from Google's parent company, Alphabet; 2. Wiz is joining forces with Korean companies to ensure the security of AI in the country; 3. The company is part of the AX Alliance, a consortium aimed at providing AI technology and platforms for enterprises, with a focus on security.
- Timon and Wemap's Financial Woes Threaten PC Industry1. Timon and Wemap, which filed for corporate rehabilitation proceedings, owe over 10 billion won to domestic PC-related companies. 2. The situation has led to concerns about a domino effect of bankruptcies in the industry. 3. The government has pledged to support affected small and medium-sized enterprises, but there are doubts about the effectiveness of these measures.
- Lotte's Digital Transformation: Beyond the Computer Room1. Lotte Group emphasizes the need for innovation to maintain leadership; 2. Lotte Innovate adopts AI for business transformation; 3. Metaverse and electric vehicle charging are new business ventures.
July 29
- Korean Nuclear Society Proposes Korean-Style Solution for Spent Nuclear Fuel Disposal1. The proposed solution involves encasing spent nuclear fuel in copper and iron double-layered disposal containers and placing them in a 500m-deep granite rock formation. 2. The solution emphasizes safety and economic efficiency, with the disposal system designed to meet regulatory safety targets and ensure retrievability. 3. The society suggests using thinner copper containers through 3D printing and optimizing the number of fuel bundles and spacing within disposal boreholes to reduce costs and footprint.
- Tmon and Wemap Apply for Corporate Rehabilitation1. Tmon and Wemap have filed for corporate rehabilitation with the Seoul Rehabilitation Court; 2. This move is seen as a significant step towards restructuring their business operations; 3. The companies are seeking to overcome financial difficulties and regain stability.
- KETI's Former Center Head, Jung Hye-dong, Appointed as AI PM by Ministry of Science and ICT1. Jung Hye-dong, former head of the Artificial Intelligence Research Center at KETI, has been appointed as the AI PM by the Ministry of Science and ICT. He will also oversee the Data PM role. 2. The PM system, jointly operated by the Ministry and the IITP, involves civilian experts who oversee research and development in various fields such as AI, quantum, and security. 3. Jung PM, who holds a Ph.D. in Electronic Engineering from Kyung Hee University, has a long career at KETI and will make his public debut at the ICT R&D Technology Roadmap 2030 Public Hearing on July 31.
- Coupang, Rocket Luxury Beauty Brand Dedicated Section 1st Anniversary Event1. Coupang's luxury beauty brand dedicated section, Rocket Luxury, celebrates its 1st anniversary with a special event from July 29 to August 4; 2. The event features best-selling products from 21 participating brands, including Estée Lauder, MAC, Bobbi Brown, Clinique, and Biotherm; 3. Customers can enjoy 10% cashback on all Rocket Luxury purchases, up to a daily maximum of 150,000 KRW, and receive various gifts and coupons based on their purchases.
- Z-Market Holds 'FIT SALE' with Discounts on Sports and Leisure Products1. Z-Market is holding a 'Sports & Leisure FIT SALE' until August 4, offering discounts of up to 80% on sports apparel and equipment. 2. The sale includes a variety of categories such as golf, hiking/outdoor, sportswear/athletic shoes, ball sports/rackets, bicycles/boards/other leisure items, camping/fishing, and fitness/swimming. 3. Customers can enjoy discount coupons, time-limited deals, and special prices on selected items, as well as live broadcast shopping events.
July 27
- Increase in Pertussis Patients Among Children and Adolescents1. Pertussis is prevalent among children and adolescents, with 58.5% of cases occurring in the 13-19 age group. 2. Vaccination with Tdap vaccine is recommended for pregnant women and family members caring for infants under 1 year old. 3. Accelerated vaccination is recommended for infants in close contact with pertussis cases.
July 26
- Doosan Enerbility Reports Operating Profit of 398 Million Won in Q21. Doosan Enerbility's Q2 operating profit decreased by 37.3% year-on-year due to the underperformance of its subsidiary Bobcat; 2. The company's energy division saw an increase in sales and operating profit due to the expansion of nuclear and gas turbine business; 3. Doosan Enerbility aims to secure contracts in the European nuclear market, following the selection of Korea Hydro & Nuclear Power as a preferred negotiator for new nuclear projects in the Czech Republic.
- Smart Farming Law Enacted, Promoting Automation, Precision, and Unmanned Agriculture1. The Smart Farming Law is enacted to systematically promote smart farming, with the goal of making 30% of total agricultural production smart farming by 2027; 2. The law supports the development of AI and standardization of equipment and data, as well as the introduction of developed equipment and services; 3. A smart farming data platform is being established to facilitate the efficient use of crop data by farmers and businesses, and to support technology development and service advancement.
- Protecting Personal Information: A Dialogue Between the Personal Information Protection Commission and the Youth1. The Personal Information Protection Commission (PIPC) held a communication forum with the MZ generation to discuss personal information leaks and breaches. 2. PIPC investigators shared the investigation process and real-life cases of personal information leaks and breaches. 3. The youth participants discussed their experiences and concerns about potential privacy invasions in everyday services, emphasizing the need for preemptive measures and expanded privacy protection checks.
- HiteJinro Unveils New Global Vision: Popularizing Jinro1. HiteJinro announces a new global vision to popularize Jinro worldwide; 2. The company hosts a centennial celebration conference with global partners from 22 countries; 3. The vision aims to make Jinro a globally recognized and enjoyed brand by 2030.
- Galaxy S25 Ultra: Thinner but Same Battery Capacity?1. The upcoming Galaxy S25 Ultra is expected to maintain the same 5,000mAh battery capacity as its predecessors, despite industry expectations for an upgrade. 2. Samsung is reportedly opting for a thinner design (8.4mm) for the S25 Ultra, which may limit the available space for a larger battery. 3. The device is expected to feature the latest Snapdragon chip and display technology, which could improve battery life despite the unchanged capacity.
- Seminar on MyData System and the Future of Domestic Distribution Industry1. Concerns over the implementation of the MyData system and its potential impact on domestic data leakage and investment in the data industry; 2. Worries about the decline in competitiveness of the domestic distribution industry and the potential invasion of privacy due to sensitive information leakage; 3. Debate over the fairness of imposing data transmission obligations only on online retailers while excluding large offline distribution operators.
July 24
- KT Alpha Shopping Strengthens Late-Night Broadcast Schedule Ahead of International Sports Festival1. Focus on food broadcasts to cater to late-night viewing demand; 2. Offer discounted apparel items to capitalize on channel hopping; 3. Customize product lineup with electronics popular among male viewers.
- Coupang Expands Rest Areas and Air Conditioning in Logistics Centers1. Coupang Fullfilment Service (CFS) plans to expand system air conditioning and establish more Cool Zones for employees to rest; 2. Additional rest time will be provided to support employees during hot weather; 3. CFS is also expanding automation to reduce work intensity and improve efficiency.
July 23
- Kakao Stock Plummets Amid Founder's Arrest1. Kakao founder and largest shareholder, Kim Beom-soo, was arrested, leading to a significant drop in the company's stock price. 2. The arrest has raised concerns about the potential negative impact on Kakao's business operations and its affiliates. 3. There are also concerns about the future of Kakao's planned IPO for its subsidiaries and its strategic acquisitions.
- Beware of Clone Phishing Attacks1. Hackers replicate legitimate emails and websites to trick individuals into revealing personal information; 2. Victims are led to change passwords or click on links, resulting in automatic information leakage; 3. NodeVPN emphasizes the need for caution and advises users to verify email addresses and links.
- Depli's Sound Analysis AI Paper Published at ICASSP 20241. Depli's AI engine achieves higher accuracy by addressing frequency characteristic differences among recording devices; 2. The company developed an acoustic transformation model using a deep learning algorithm called 'CycleGAN' and enhanced it with proprietary data augmentation techniques; 3. Depli's AI engine is known for its high accuracy and is used in various fields such as security and manufacturing.
July 22
- Launch Ceremony for University Student Monitoring Team to Combat Illegal Distribution of Personal Information1. 50 university students participate in the monitoring team to detect and report illegal distribution of personal information online; 2. The team will also promote services such as 'Find My Leaked Information'; 3. They will visit relevant agencies and attend expert lectures to enhance their knowledge and activities in protecting personal information.
- Shopping Entity Introduces 'AI Shopping Talk' Service1. Shopping Entity, a subsidiary of Taekwang Group, has introduced the 'AI Shopping Talk' service, which utilizes generative AI technology to provide a 24-hour customer consultation chatbot and a broadcast summary system. 2. The service allows users to conveniently shop through chatting on the app or web, offering personalized broadcast information, product reviews, and analysis of product pros and cons. 3. The AI Shopping Talk service can answer various questions, including those about comfortable clothing for the rainy season and popular health supplements, providing detailed information tailored to user inquiries.
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July 21
- NVIDIA Invests in Startup to Optimize Data Management1. NVIDIA invests in US software startup Arrcus to enhance data traffic management; 2. The investment aims to expand Arrcus' global business and develop its technical infrastructure; 3. This move is part of NVIDIA's strategy to support startups and acquire necessary solutions for its operations.
- Introducing Team Studio: An AI Virtual Production Space1. AI-generated backgrounds enhance video immersion; 2. Team Studio utilizes AI and LED walls for content creation; 3. The studio is equipped with advanced 3D AI technology.