KRX:030200

6 stories mentioning KRX:030200Updated 10d ago

Every FINWIRES story that references KRX:030200, newest first.

South Korea's Privacy Regulator Fines KT KRW54 Billion for Data Breach

South Korea's privacy regulator has fined KT (KRX:030200) 53.98 billion won due to a data breach, according to a Thursday release.The telecommunications company neglected to properly secure its femtocell system, which allowed hackers unauthorized access to its mobile network, according to the Personal Information Protection Commission (PIPC).The breach, which occurred in 2024 and 2025, included phone numbers and identification numbers of 16,647 users, which were used for unauthorized transactions.Financial damage related to the breach reached 240 million won, impacting 368 people.The PIPC also found lapses on KT's response to the breach, including not reporting the incident, deleting server logs and submitting false data.The regulator ordered the telecom company to adopt corrective efforts following the breach.Shares of the company fell more than 2% in recent trade.

KRX:030200

Asia26d ago

KT Declares Quarterly Cash Dividend Payout

KT's board (KRX:030200) has approved a quarterly cash dividend of 600 won per common share, totalling 142.6 billion won, with the payment scheduled on Aug. 13.The dividend applies to 237.6 million eligible shares, according to a bourse filing on Tuesday.

KRX:030200

Asia26d ago

SK Telecom and KT to Lead 17.2 Billion Won Government-Backed Hyper-AI Networks Project

SK Telecom (KRX:017670) and KT (KRX:030200) were selected by South Korea's National Information Society Agency as lead operators for two consortia under the 17.2 billion won "Hyper-AI Network Infrastructure" project, according to a statement on Tuesday.The project aims to deploy 5G-SA and AI-RAN-powered leading networks at industrial sites such as shipyards and factories to verify ultra-low-latency, high-reliability communication essential for Physical AI services.Demonstrations will test AI-based welding, painting, and patrol robots in high-risk environments, validating real-time perception, decision-making, and multi-robot collaboration capabilities that on-device AI alone cannot achieve.The networks will be x=compared against existing infrastructure on metrics including upload speed, latency, jitter, and autonomous operation to ensure optimization for Physical AI applications.Beyond 2027, the project plans to expand to humanoid robots, while an industry-academia-research council will be formed to commercialize the technology and public demos are planned for the 6G Festa in December 2026.

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Asia27d ago

Market Chatter: Major Telcos in South Korea Up IT Security Spend by 22% in 2025

The combined information security investment by three of South Korea's biggest telecom companies grew 22% year over year in 2025 to 367.5 billion won, according to a Korea Times report quoting data from the Korea Internet & Security Agency.The investments from SK Telecom (KRX:017670), KT (KRX:030200) and LG Uplus (KRX:032640), which outpaced the overall IT investment growth rate of 4%, were followed by data breaches in 2025, the Monday report added.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Asia89d ago

KT's Net Income Declines 35% in Q1

KT (KRX:030200) posted first-quarter net income attributable to shareholders of 352.2 billion won, down 35% from 539.8 billion won a year earlier, according to a Tuesday filing with the Korea Exchange.The South Korean telecommunications giant's sales fell 1% year over year to 6.778 trillion won from 6.845 trillion won.Shares of KT rose nearly 2% at market close.

KRX:030200

Asia116d ago

Nomura Adjusts KT's Price Target to KRW62,000 From KRW56,000, Keeps at Neutral

KT (KRX:030200) has an average rating of buy and mean price target of 73,024.80 won, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

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