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The Korea Herald

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Woori Bank bets on SME succession as new growth pillar

Woori Bank is pushing into corporate succession for small and medium-sized companies as a new banking frontier, casting it as an economic issue tied to jobs, technology and supply chain stability as Korea's first-generation founders age without clear successors. At a press conference Monday in Seoul, CEO Jung Jin-wan said the bank would support what it calls "productive corporate succession" to prevent viable companies from closing or downsizing. "Corporate succession is not just a priority for

The Korea Herald

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IT/기술

Naver bets W1tr on creator content in AI push

Naver said Thursday it will invest 1 trillion won ($663 million) over the next five years to strengthen its creator ecosystem, betting that user-generated content will become a key asset in the next phase of artificial intelligence services. “The center of competition among AI platforms is moving toward data quality and service competitiveness,” Chief Data and Contents Officer Kim Kwang-hyun said at the company’s media roundtable in Seoul. “Naver’s independent content ecosystem, built over more

The Korea Herald

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Mirae Asset bets on foreign demand for leveraged Samsung Electronics, SK hynix funds

Mirae Asset Global Investments said Tuesday it will focus on attracting overseas investors through its launch of single-stock leveraged products tied to Samsung Electronics and SK hynix. The asset manager will list two Tiger-branded leveraged products on Wednesday on the Korea Exchange, each designed to track twice the daily performance of Samsung Electronics and SK hynix shares. The products attracted a combined 1.34 trillion won ($890 million) in assets under management ahead of launch, includ

The Korea Herald

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Renault Korea bets on practical hybrids with Filante

Renault Korea is betting that the next phase of Korea’s automotive electrification will be driven less by fully electric vehicles and more by consumers seeking practical, low-stress alternatives. Its answer is the Filante, a hybrid crossover positioned as a balance between EV-like efficiency and the convenience of conventional gasoline vehicles. As Korean consumers become more familiar with EVs, concerns over charging infrastructure and driving range have eased. But buyers are increasingly prior

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Woori Bank bets on SME succession as new growth pillar

Naver bets W1tr on creator content in AI push

Mirae Asset bets on foreign demand for leveraged Samsung Electronics, SK hynix funds

Renault Korea bets on practical hybrids with Filante