AJP Asia Intelligence Agency

AI Pick

SK Telecom and Naver Cloud Collaborate on AI Foundation Model for Cybersecurity SK Telecom and Naver Cloud Collaborate on AI Foundation Model for Cybersecurity

The Ministry of Science and ICT's project to develop specialized artificial intelligence (AI) foundation models for cybersecurity has seen SK Telecom (SKT) and Naver Cloud unveil their development strategies. Both companies aim to leverage their expertise in developing and commercializing proprietary AI foundation models to enhance security capabilities.According to industry sources on August 27, the application period for the foundation model project closed the previous day, with SKT and Naver

Muan Designated as Candidate Site for National Industrial Complex, Accelerating Growth in Honam Region Muan Designated as Candidate Site for National Industrial Complex, Accelerating Growth in Honam Region

The Muan area in the integrated city of Gwangju, South Jeolla Province, has been designated as a candidate site for a new national industrial complex. This decision is part of the government's follow-up measures related to the relocation of the Gwangju military airport, which is expected to accelerate the development of a new growth industrial hub in the Honam region.On August 25, the Ministry of Land, Infrastructure and Transport announced that approximately 1.05 million pyeong (3.47 square kil

Home Shopping Networks Compete to Support Promising Small Brands Home Shopping Networks Compete to Support Promising Small Brands

Home shopping networks are focusing on discovering and nurturing promising small brands. As the TV home shopping market continues to shrink, these companies are strengthening coexistence management to expand sales channels for small businesses while enhancing their competitive edge with differentiated products. The scope of support is also expanding from TV and mobile sales to include product development, marketing, offline experiences, and international expansion. According to industry sources

Rising Prices Ahead of Chuseok Raise Concerns for Shoppers Rising Prices Ahead of Chuseok Raise Concerns for Shoppers

As Chuseok approaches in a month, rising prices for agricultural products due to adverse weather and a domino effect of price increases in processed foods are putting pressure on consumers' grocery bills. Prices for vegetables commonly used in holiday meals, such as cabbage and radish, as well as beef and chicken, are on the rise, and further increases in processed food prices are expected through next month, adding to the burden for consumers preparing for the holiday.According to the Korea Agr

Incheon Airport Duty-Free Shops: A Paradox of High Rents and Profits Incheon Airport Duty-Free Shops: A Paradox of High Rents and Profits

All four major duty-free operators in South Korea reported operating profits in the second quarter of this year. The increase in foreign visitors, coupled with a restructuring of duty-free business rights at Incheon International Airport, significantly reduced rental costs. Shilla and Shinsegae duty-free shops, which exited the DF1 and DF2 areas of Incheon Airport, cut costs by leaving high-rent locations. Meanwhile, Lotte and Hyundai, which entered those areas, secured business rights at appro

LG Innotek Supplies Camera Modules for Amazons Zoox Robo-Taxis LG Innotek Supplies Camera Modules for Amazon's Zoox Robo-Taxis

LG Innotek is supplying camera modules for robo-taxis developed by Amazon's autonomous driving subsidiary, Zoox. This partnership builds on years of collaboration as both companies expand into autonomous driving and physical artificial intelligence (AI) businesses. On August 27, LG Innotek announced that it will provide its vehicle camera modules to Zoox's robo-taxis over the coming years. The two companies have maintained a collaborative relationship since the early stages of Zoox's robo-taxi

Anyang Fire Department Conducts Joint Training for Electric Bus Fire Response Anyang Fire Department Conducts Joint Training for Electric Bus Fire Response

The Anyang Fire Department conducted joint on-site training on August 26 to prepare for fires involving electric buses and other eco-friendly vehicles. According to the fire department, the training took place at the Seoksu Public Garage and involved firefighters, city officials, and transportation company representatives. Participants learned about the structure and fire characteristics of electric buses, combining on-site education with practical exercises to ensure rapid response in real fire

ASML Korea to Hire Hundreds in Second Half of 2026 Amid Semiconductor Demand ASML Korea to Hire Hundreds in Second Half of 2026 Amid Semiconductor Demand

ASML Korea plans to hire hundreds of new and experienced employees in the second half of 2026 to meet the growing demand for equipment support due to the expansion of semiconductor production in South Korea. The company is broadening its recruitment efforts to include not only those with semiconductor industry experience but also technical talent from advanced and precision manufacturing sectors.ASML Korea announced on August 27 that it will conduct public recruitment for new employees from Sept

Com2us Zeus: Wrath of the Gods Tops Sales Charts in Major Markets Com2us' 'Zeus: Wrath of the Gods' Tops Sales Charts in Major Markets

Com2us announced that its new MMORPG, 'Zeus: Wrath of the Gods,' has reached the top of the sales rankings in South Korea's major app markets as of August 27. The game officially launched on August 26. On the day of its release, it climbed to number one in the Apple App Store by the afternoon and achieved the same ranking in the Google Play Store by 6 a.m. the following day. A character name reservation event prior to the launch attracted a significant number of users. Since its release, Com2us

Chinas Pet Travel Service Gains Popularity Amid Declining Birth Rates China's Pet Travel Service Gains Popularity Amid Declining Birth Rates

A service allowing passengers to travel with their pet dogs in the adjacent seat on flights is gaining popularity in China. Eastern Airlines launched its 'in-cabin pet travel service' in April 2025, allowing dogs to be placed in portable cages under the front seat. Only two dogs are permitted per flight. Pets must wear muzzles and diapers while in the cage, which is covered with a cloth to shield them from view. The service fee is 1,288 yuan (approximately $180).In the first year of operation, 4