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March 26, 2023

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Corporate Buzz

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  • BUSINESS
  • Corporate Buzz

Rolls-Royce’s first EV Spectre to make Asia debut in Korea

“It’s an extension and also an investment in our very important market, Korea,” CEO Muller-Otvos said.

  • Published: March 24, 20232:46 pm
  • Author Kan Hyeong-woo
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  • BUSINESS
  • Corporate Buzz

Toshiba accepts buyout offer from JIP

The equity firm will launch a takeover bid after receiving approval from the relevant authorities and other procedures.

  • Published: March 24, 20232:25 pm
  • Author The Yomiuri Shimbun
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  • BUSINESS
  • Corporate Buzz

Tencent sees AI ‘multiplier’ amid profit rebound

The Chinese tech leader's net profit, after five successive quarters of declines, rose 19 percent year-on-year to 29.7 billion yuan ($4.32 billion).

  • Published: March 24, 20232:24 pm
  • Author Cheng Yu
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  • BUSINESS
  • Corporate Buzz

Samsung, SK breathe tentative sigh of relief over US chip subsidy rules

Experts say Korean chipmakers have dodged the worst-case scenario but has called for diplomacy to put more pressure on Washington.

  • Published: March 23, 20233:20 pm
  • Author Jo He-rim
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  • BUSINESS
  • Corporate Buzz

Adobe to pay AI-content creators in groundbreaking move

With just a text prompt to the AI tools, content makers can create images, audio, illustrations, videos or 3D models.

  • Published: March 22, 20231:52 pm
  • Author Krist Boo
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  • BUSINESS
  • Corporate Buzz

Apple Pay makes Korean debut after 10-year wait

More than 170,000 iPhone users rushed to use brand-new service that opened on March 21, causing service malfunctions at some stores.

  • Published: March 22, 20231:51 pm
  • Author Song Seung-hyun
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  • BUSINESS
  • Corporate Buzz

Bank of Indonesia to launch domestic credit card system

President Joko “Jokowi” Widodo deems such independence essential to shield transactions from geopolitical fallout.

  • Published: March 21, 20232:11 pm
  • Author Vincent Fabian Thomas
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  • BUSINESS
  • Corporate Buzz

Kakao Entertainment continues fight against pirate content sites in Indonesia

As 63 percent Indonesians use pirate sites, enhancing public awareness about digital piracy is an important measure, according to the company.

  • Published: March 21, 20232:10 pm
  • Author Lee Si-jin
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  • BUSINESS
  • Corporate Buzz

Adani suspends work on $4.2b project in Gujarat

The group asked suppliers to suspend all activities of the scope of work and performance of all obligations till further notice.

  • Published: March 20, 20232:42 pm
  • Author Ann Asianews Network
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  • BUSINESS
  • Corporate Buzz

Mayo Clinic only acting as consultant for Bali International Hospital

However, they have not ruled out the possibility of more collaboration in the future.

  • Published: March 20, 20232:30 pm
  • Author Divya Karyza

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