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Korean tech giant Naver said Friday its first-quarter net profit soared 1,171.9 percent from a year earlier on the overall growth of its major businesses, including its search platform and e-commerce.

SEOUL (ANN/THE KOREA HERALD) – South Korean technology leader Naver Corp announced Friday that its net profit for the first quarter shot up 1,171.9 per cent compared to the same period last year, driven by significant growth in its core businesses, including search platforms and e-commerce.  According to a regulatory filing, Naver’s net profit reached […]

While the Japanese government is pressuring Naver to shed ownership in Line, the dominating messaging app in Japan, the Korean internet giant said it will make a decision based on the benefit of the company's business, the chief executive officer said Friday. During an earnings call, Naver CEO Choi Soo-yeon said the administrative guidance issued by Japan's Ministry of Internal Affairs and Communications la...

HYBE, the K-pop powerhouse behind BTS, Seventeen and NewJeans, reported a sharp decline in its earnings for the first quarter of this year, with operating profit plummeting 72.6 percent from a year ago.

SEOUL: Samsung Electronics said on Tuesday that its first-quarter (Q1) operating profits had risen nearly tenfold year on year amid recovering chip prices and growing demand, notably for generative artificial intelligence (AI).

Samsung Electronics said Tuesday that its first-quarter operating profits had risen nearly tenfold year-on-year -- a 931.8 percent increase -- amid recovering chip prices and growing demand. The firm is the flagship subsidiary of South Korean giant Samsung Group, by far the largest of...

Samsung Electronics said Tuesday its chip business shifted to the black for the first time in five quarters on rebounding prices of DRAMs and rising demand for high-performance memory chips for artificial intelligence.

Samsung Electronics said Tuesday its operating profit shot up more than tenfold in the first quarter, with its chip business shifting to the black for the first time in five quarters.

Samsung Electronics said Tuesday that its first-quarter operating profits had risen nearly tenfold year-on-year -- a 931.8 percent increase -- amid recovering chip prices and growing demand.

Samsung Electronics said on Tuesday its operating profit went up more than ten-fold in the first quarter, with its chip business shifting to the black for the first time in five quarters.Samsung Electronics, the world's largest maker of ...