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Lee Gyu-lee

Korea Times Business Reporter

Lee Gyu-lee is a business writer at The Korea Times, focusing primarily on IT & telecommunications, the Ministry of Trade, Industry and Energy and KOTRA. Prior to this, she has covered a wide range of cultural news, from film, television and K-pop to lifestyle and fashion.

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Tech & Science

Google Cloud unveils Gemini Enterprise for business AI platform

Google Cloud has unveiled its new global artificial intelligence (AI) platform, Gemini Enterprise, designed to help companies of all sizes leverage a full-stack AI agent that supports the entire workflow. Powered by Google’s most advanced Gemini models, the new platform brings together key features: a no-code workbench, pre-built Google agent taskforce, secure connections to company data, a central governance framework and access to an ecosystem of more than 100,000 Google Cloud partners. With the no-code workbench, users across teams can analyze data, build AI agents and automate processes without writing complex code. Gemini Enterprise connects securely to various enterprise environments — including Google Workspace, Microsoft 365, Salesforce and SAP — enriching AI agents with contextual data. A centralized governance framework enables organizations to monitor, secure and audit all agents in one place, while the open network of over 100,000 partners offers flexibility and a wide range of options for business innovation. “Some companies offer AI models and toolkits, but they ar

Oct 13, 2025By Lee Gyu-lee
Google Cloud unveils Gemini Enterprise for business AI platform
Tech & Science

Kakao to cut affiliates to 80 by year-end to focus on AI

Kakao is pushing ahead with a significant reorganization of its corporate structure, aiming to further trim its sprawling network of affiliates to streamline governance and refocus on artificial intelligence (AI) as a core growth engine. The tech giant’s CEO Chung Shin-a announced plans to pare down its affiliates from the current 99 to around 80 by the end of this year in a shareholder letter on Monday, continuing her two-year effort to simplify the group’s structure. Streamlining corporate governance has been one of Chung’s top priorities since she joined the Kakao Corporate Alignment Council in 2023, when there were 142 affiliates. By the time she became CEO in March last year, she had reduced the number to 132. It now stands at 99, down about 30 percent in just two years. “Kakao has spent the last year and a half rapidly reforming its corporate governance while implementing companywide cost efficiencies, building a financial structure that allows us to focus on future growth,” the CEO said in the letter. “Based on this foundation, we will begin delivering another wave of

Oct 13, 2025By Lee Gyu-lee
Kakao to cut affiliates to 80 by year-end to focus on AI
Tech & Science

Chipmakers' Q3 earnings outlook rosy due to AI boom

Samsung Electronics and SK hynix are expected to deliver handsome third-quarter earnings, as the rapid expansion of artificial intelligence (AI) infrastructure fuels soaring demand for advanced memory chips. Market analysts forecast that both companies will announce results surpassing market expectations, driven by robust sales of high-value products such as high-bandwidth memory (HBM). Samsung Electronics is expected to announce its third-quarter earnings guidance on Tuesday. According to financial data service provider FnGuide, the company’s revenue during the period from July to September is estimated to exceed 83.8 trillion won ($58.98 billion), up 5.98 percent from the same period last year. Operating profit is expected to rise 7.80 percent year-on-year to about 9.9 trillion won. Some analysts predict that Samsung’s operating profit could exceed 10 trillion won, marking the first time in 15 months that the company has surpassed the threshold. In a report released on Sept. 19, Hanwha Investment & Securities projected this quarter’s revenue at 84.1 trillion won and operating pro

Oct 10, 2025By Lee Gyu-lee
Chipmakers' Q3 earnings outlook rosy due to AI boom
Companies

Hanwha eyes global leadership on 73rd anniversary

Hanwha Group marked its 73rd anniversary on Thursday, reaffirming its ambition to become a world-leading enterprise. Even after tripling its combined market value this year, Chairman Kim Seung-youn stressed that the group should not become complacent but continue to pursue bold innovation and technological excellence. “Our goal now is to become a global leader,” the chairman said in his address to celebrate the anniversary. “We must embrace our responsibility as one of Korea’s leading corporations and take the lead in every field.” Emphasizing the key factors for success like clear-eyed judgment on international dynamics, rapid networking and bold overseas expansion, Kim urged the company to build on Hanwha’s proven success and expertise in the shipbuilding and defense sectors throughout the entire organization. The chairman also underscored the necessity of securing world-class proprietary technologies across the group’s major business areas, such as defense, shipbuilding, energy and machinery. “For a latecomer to become a frontrunner, the key is to develop proprietary t

Oct 9, 2025By Lee Gyu-lee
Hanwha eyes global leadership on 73rd anniversary
Tech & Science

LG accelerates global AI infrastructure push at Data Centre World Asia 2025

LG Electronics is ramping up its efforts to lead artificial intelligence (AI) infrastructure, presenting its integrated One LG solution for AI data centers with LG CNS and LG Energy Solution at this year’s Data Centre World Asia (DCWA). The three affiliates joined Asia’s largest data center exhibition, held in Singapore on Wednesday and Thursday, running a joint booth for the first time to showcase their unified portfolio of high-efficiency technologies. The One LG integrated solution responds to soaring AI infrastructure needs through the group’s combined expertise, already delivering concrete results such as a major hyperscale project in Jakarta, Indonesia. “With our differentiated thermal management systems, design, building and operating capabilities, and robust power solutions, the One LG integrated solution positions us to proactively lead in the rapidly growing AI data center market,” Lee Jae-sung, vice president of LG Electronics’ Eco Solution business division, said. At the exhibition, LG Electronics introduced advanced, high-efficiency cooling systems for AI data ce

Oct 9, 2025By Lee Gyu-lee
LG accelerates global AI infrastructure push at Data Centre World Asia 2025
Tech & Science

KT launches monthly international call subscription plan

KT has introduced a new subscription-based international calling service, 001 Global Free, on Wednesday to offer affordable international calls with a fixed monthly fee. The new subscription plan offers up to 120 minutes of free international calls each month for 7,700 won ($5.50). After using the free minutes, users can make additional calls at a discounted rate of 3.3 won per second, which is 86 percent less than the standard international calling service rate. It is open to all mobile subscribers regardless of carrier, while KT customers also enjoy landline support as well. KT explained that the service is designed to respond to growing global business needs, the rise in international students and the spread of K-culture, leading to more foreigners staying in Korea. To mark the service’s launch, the company is offering a 50 percent discount on the first month’s subscription fee to anyone who signs up by Oct. 31. The service is available through the company’s official website, KT.com, the My KT app and KT retail stores. “As global communication becomes a part of daily life, KT w

Oct 1, 2025By Lee Gyu-lee
KT launches monthly international call subscription plan
Tech & Science

SK Telecom rolls out new subscription service

SK Telecom is launching a new bring-your-own-device subscription brand called air on October 13, offering simplified and cost-effective services specifically designed for users who already own mobile devices. The new service, which targets younger users, strips down unnecessary bundles that traditional carrier plans have, focusing on the essential mobile services — 5G connectivity, simplified data plans and straightforward self-service features. “Mainly, customers in their 20s and 30s tend to purchase unlocked devices online, so we took into account the fact that they do not visit physical telecom stores,” Lee Yun-haeng, air team leader of SK Telecom, said during a press conference in Seongdong District in Seoul on Wednesday to introduce the new service. “SKT thoroughly listened to the needs of the 2030 generation, who want intuitive and simple rate plans, activation processes and value-added services.” The air service features six contract-free 5G data plans, starting at 29,000 won ($21) for 7 gigabytes (GB) of data to up to 58,000 won for unlimited data per month. All plans in

Oct 1, 2025By Lee Gyu-lee
SK Telecom rolls out new subscription service
Tech & Science

LG Innotek to boost future growth business share to 25% of sales by 2030

LG Innotek is accelerating its push into mobility sensing, robotics and semiconductor components as part of a bold strategy to secure new growth drivers, announcing plans to generate more than 25 percent of its revenue from future growth businesses by 2030. “Our future growth businesses, which are driving the company’s sustainable growth, are expanding rapidly. Let’s work together to grow the share of these new businesses to more than 25 percent of the company’s total revenue by 2030,” LG Innotek CEO Moon Hyuk-soo said during the company’s management session in Gumi, North Gyeongsang Province, Sept. 19. “By leveraging our most valuable future assets — high-value core technologies and business experience gained through collaboration with top-tier global customers — let’s build another leading business that creates differentiated customer value.” Moon, who took on the role of CEO in 2023, has been spearheading the expansion, seeking to diversify the business portfolio and establish new growth drivers. One of the flagship initiatives is light detection and ranging (LiD

Sep 30, 2025By Lee Gyu-lee
LG Innotek to boost future growth business share to 25% of sales by 2030
Companies

Musinsa to open 2 new stores in Shanghai

Major Korean fashion e-commerce platform Musinsa will open a Musinsa Store and a Musinsa Standard location in Shanghai in December, accelerating its expansion into the Chinese offline retail market. Musinsa Standard, the platform’s modern basic casualwear brand, will open a flagship store in mid-December on Huaihai Road, known as one of the major shopping districts among the younger generation in the city, with more than 500,000 daily visitors. The new store will span 1,300 square meters, making it Musinsa Standard’s third-largest offline location after the ones in Daegu and Seoul’s Hannam-dong. The Shanghai flagship will also connect with the brand’s flagship store on China’s online retail platform Tmall, which opened earlier this month, to provide an integrated online-to-offline shopping experience. The Shanghai location is especially significant as it will be Musinsa’s first overseas offline store. The company plans to expand its offline business throughout China, starting with Shanghai, a city that leads China’s fashion and lifestyle trends due to its concentrated, you

Sep 30, 2025By Lee Gyu-lee
Musinsa to open 2 new stores in Shanghai
Tech & Science

Kakao to restore KakaoTalk's friends list after widespread complaints

Kakao will roll back an update on KakaoTalk’s Friends tab to incorporate feedback from its users after facing growing backlash with the latest version. The tech giant announced Monday that it will bring back the previous list-style format for the Friends tab, which is shown as the messaging app’s main page, while moving the updated feed-style posts to a separate tab. “The improvements to the Friends tab will be applied within the fourth quarter, taking into account the development schedule,” the company said. The company also said it will further simplify procedures to safeguard underage users. It added a new option to set protection features for minors within its short-form tab and is considering implementing additional measures to make its use and settings more convenient. "In addition to the plans for Friends tab improvement, we are continuously working to enhance the user experience and user interface," a company official said. "We will continue to actively listen to and reflect feedback to ensure users can enjoy an even more convenient KakaoTalk experience." The rollback come

Sep 29, 2025By Lee Gyu-lee
Kakao to restore KakaoTalk's friends list after widespread complaints
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