AI Pick
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Google's Strong Performance Eases AI Investment Concerns, Driving Down Won-Dollar Exchange Rate
The exchange rate between the South Korean won and the U.S. dollar is declining as concerns over artificial intelligence (AI) investments ease following Google's strong performance.As of 9:45 a.m. in the Seoul foreign exchange market, the won is trading at 1,473.2 won per dollar.The exchange rate opened at 1,477.5 won, down 2.6 won from the previous day's closing price, and has continued to decline.Google reported results that exceeded market expectations and raised its annual capital expenditur
July 23, 2026
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Hanwha Vision's AI CCTV Receives Security Certification from National Intelligence Service
Hanwha Vision has obtained the highest level of video security certification issued by the National Intelligence Service (NIS).On July 23, Hanwha Vision announced that four models from its artificial intelligence (AI) CCTV lineup received the 'Security Function Certificate' from the NIS last month.The certified products are four models from Hanwha Vision's flagship 'P Series AI 4K' camera lineup: Box, Dome, Bullet, and Vandal.The 'Security Function Certificate' issued by the NIS is considered a
July 23, 2026
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Sonno International Opens First Sonno Bell Hotel in Gampo, Gyeongju
Sonno International, a South Korean hotel and resort company, is accelerating its expansion in management contracts with the opening of a new hotel in Gampo, Gyeongju. The hotel has been rebranded under the 'Sonno Bell' name, enhancing the company's portfolio of domestic and international hotel and resort operations.According to Sonno International, the company recently signed a management contract for the 'Sonno Bell Gyeongju Gampo' and officially began operations. A grand opening ceremony was
July 23, 2026
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Over 10.7 Million Foreign Tourists Visited South Korea in First Half of 2026
In the first half of 2026, South Korea welcomed 10.71 million foreign tourists, surpassing pre-pandemic levels. This figure represents a 21.3% increase compared to the same period last year and is 26.9% higher than the first half of 2019, before the COVID-19 pandemic.According to the Korea Tourism Organization's 'June 2026 Korea Tourism Statistics' released on July 23, the number of inbound tourists from January to June reached 10.71 million. This marks a 21.3% rise from the same period last yea
July 23, 2026
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Kakao Group Partners with Circle to Develop Digital Currency Ecosystem
Kakao Group is teaming up with global stablecoin company Circle to expand its digital asset business, including a won-based stablecoin. The partnership aims to jointly build a blockchain-based financial infrastructure for payments, remittances, and settlements, establishing a Korean digital asset ecosystem.On July 23, Kakao, Kakao Pay, and Kakao Bank announced that they have signed a strategic memorandum of understanding (MOU) with Circle Internet Group.The two companies plan to combine Kakao's
July 23, 2026
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Huirim Aitech Shares Surge as Company Expands into AI Defense Robotics Market
Huirim Aitech is experiencing a surge in its stock price following news of its acquisition of AI defense robotics company AIDIOS, marking a significant entry into the unmanned defense and security robotics market.As of the morning of July 23, Huirim Aitech's shares rose by 775 won (29.92%) to 3,365 won, according to the Korea Exchange.AIDIOS, established in 2021, specializes in developing and manufacturing robots for defense and security applications. The announcement of Huirim Aitech accelerati
July 23, 2026
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KakaoBank Expands Education Program to Prevent Youth Gambling and Financial Harm
KakaoBank is launching a public-private partnership to prevent illegal gambling and financial harm among youth.On July 22, KakaoBank announced that it signed a memorandum of understanding (MOU) with the Ministry of Education, the Financial Supervisory Service, and the Green Tree Foundation to promote the "Zero Round" project aimed at preventing illegal gambling and financial harm among young people.The "Zero Round" initiative is designed to educate youth about the dangers of illegal gambling and
July 23, 2026
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U.S. Accelerates Establishment of Investment and Trade Committee with China
The United States and China are moving swiftly to establish an investment and trade committee to manage their trade conflicts.U.S. Secretary of State Marco Rubio met with Wang Yi, a member of the Political Bureau of the Communist Party of China and Foreign Minister, in Manila, Philippines, on July 22, as reported by China's state-run Xinhua News Agency on July 23. The two foreign ministers were in Manila to attend the ASEAN Foreign Ministers' Meeting.The Chinese Foreign Ministry stated, "Both si
July 23, 2026
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Woori Bank Partners with Naver Pay to Offer Retirement Pension Consulting
우리은행이 네이버페이와 손잡고 퇴직연금 상담 서비스를 제공한다.우리은행은 네이버페이와 제휴해 개인형IRP 상담 서비스를 출시했다고 23일 밝혔다. 시중은행 가운데 네이버페이와 개인형IRP 상담 서비스를 제공하는 것은 우리은행이 처음이다.이번 서비스는 네이버페이 내 새롭게 마련된 '연금홈'에서 우리은행 연금 상담을 선택해 이용할 수 있다.우리은행 연금 전문 상담사가 비대면으로 개인형IRP 상품 운용 등에 대한 상담을 제공한다. 상담 후 우리WON뱅킹 링크가 전송되면 앱으로 이동해 개인형IRP 가입을 완료할 수 있다.우리
July 23, 2026
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Samsung Electro-Mechanics Secures Additional $2.3 Billion Order for AI Server MLCCs
Samsung Electro-Mechanics has signed a supply contract worth approximately 3 billion won (about $2.3 billion) for multilayer ceramic capacitors (MLCC) intended for artificial intelligence (AI) servers. This follows a previous contract worth 4.5 billion won, expanding the long-term demand base for high-value components used in AI servers.On July 23, Samsung Electro-Mechanics announced it will supply about $200 million worth of MLCCs for AI servers to a global large enterprise. The contract period
July 23, 2026