SEOUL, Oct. 28 (Korea Bizwire) — South Korea’s dominant internet portal operator Naver Corp. on Thursday introduced a new personalized search service dubbed AiR Search. The service, powered by Naver’s artificial intelligence (AI) technology, will provide results in block units that reflect current trends and individual interests. “AiR Search will be the beginning of a [...]
SEOUL, Oct. 21 (Korea Bizwire) – Naver Corp. said Thursday its net profit jumped 37.1 percent in the third quarter from a year earlier largely due to a stellar performance of its content businesses amid the new coronavirus pandemic. Net profit reached 322.7 billion won (US$274.8 million) in the July-September period, compared with a profit [...]
SEOUL, Oct. 18 (Korea Bizwire) — The gender ministry said Monday it will begin a pilot service this week that allows citizens to search where convicted sex offenders live using internet portal operator Naver Corp.’s map app. The pilot service, which uses the Naver map to display actual home addresses of sex offenders listed in [...]
SEOUL, Oct. 4 (Korea Bizwire) — In the midst of the rapid growth of the South Korean content industry, the competition between Naver Corp. and Kakao Corp., the two major tech companies, is heating up to secure story content like webtoons and web novels. Naver Webtoon, the webcomic arm of the nation’s top portal operator, [...]
SEOUL, Sept. 16 (Korea Bizwire) — The cloud affiliate of South Korea’s leading internet portal operator, Naver Corp., said Thursday it aims for the No. 3 position in the Asian Pacific region by 2023. “We aim to reach the No. 2 position in the country, and No. 3 in Japanese and Southeast Asian markets by [...]
SEOUL, Sept. 15 (Korea Bizwire) — LG Electronics Inc. on Wednesday said it will launch a new online education-dedicated notebook next month in partnership with South Korea’s internet portal giant Naver Corp. LG will release “Whalebook,” a cloud-optimized laptop powered by Naver’s Whale operating system (OS), suitable for its online education platform Whale Space. The [...]
SEOUL, Sept. 10 (Korea Bizwire) — South Korea’s antitrust regulator said Friday it will closely look into unfair business activity by online platform giants here amid their increased market dominance, apparently targeting Naver Corp. and Kakao Corp. Concerns have mounted that powerful online platform operators have abused their dominant market status and engaged in unfair [...]
SEOUL, Sept. 8 (Korea Bizwire) — Shares in South Korean tech giants Kakao Corp. and Naver Corp. plummeted Wednesday amid growing concerns that new regulations may be introduced to curb their dominance in the market. A day earlier, ruling Democratic Party lawmakers voiced concerns over the market dominance of tech giant Kakao and its rapid [...]
SEOUL, Aug. 25 (Korea Bizwire) — LG Uplus Corp., a major South Korean mobile carrier, on Wednesday released the CLOVA Clock+2 artificial intelligence (AI) speaker in collaboration with tech giant Naver Corp. The newly-released AI speaker, based on Naver’s AI platform Clova, is an upgraded version of the CLOVA Clock+ that was released last year, [...]
SEOUL, Aug. 20 (Korea Bizwire) — Naver Labs, the research arm of internet giant Naver Corp., said Thursday that it will introduce the world’s first 5G ‘brainless’ robot technology at the company’s second headquarters building, aimed for completion by the end of this year. Naver Labs received approval to move the 5G laboratory, currently located [...]