KT Corp eyes 1.3 trillion won annual sales in AI by 2025
The telecom giant painted a rosy future for its overall AI business, saying it has already secured cumulative orders worth more than 800 billion won for its AI contact center and…
Corporate Buzz
Tesla’s Elon Musk eyes big India investment
Musk said last month Tesla would probably pick a location for a new factory by the end of this year, adding India was an interesting place for a new plant.
Hong Kong airport passenger volume surges 17-fold in May
Over the first five months of the year, the airport handled 13.2 million passengers and 96,410 flight movements.
SIA pips Qatar Airways to top Skytrax poll on world’s best airline
It is the fifth time SIA has taken home the gold prize.
KT, Samsung Medical Center join hands to export medical tech
The two sides signed an agreement to come up with a monitoring system that will use digital health care devices to check up on patients.
Cathay to hire cabin attendants from mainland from July
The move came weeks after the company fired three employees who mocked the English language proficiency of mainland passengers.
Korean chipmakers ask US to extend exemption on export controls
Samsung Electronics and SK hynix had been on the validated end-user authorisation list before the US imposed sanctions against China.
Pertamina to pay for half of Shell’s Masela stake this month
"It is like a down payment, a sign of [Pertamina's] seriousness", Minister Arifin Tasrif said.
TikTok to invest ‘billions of dollars’ in S-E Asia to help region’s businesses: CEO Chew Shou Zi
He did not reveal the exact figure or timelines for the investment, but said that part of it will include a US$12.2 million investment over the next three years.
Shell Petroleum to sell stake in Pakistan
Shell Pakistan said on June 14 that the parent company had notified it of the group’s intent to sell its shareholding in the business.