South Korean tech companies are bolstering efforts to develop "metaverse" platforms to address continuously increasing demand as the pandemic fuels demand for online activities,
Among them is SK Telecom Co., South Korea's largest mobile carrier, which partnered with K-pop girl group STAYC to produce digital versions of its members on its Jump AR mobile app.
The app allows users to take videos and photos next to STAYC members as if they were physically there.
South Korea recently launched a metaverse alliance between 17 industry leaders, such SK Telecom, Korea Mobile Internet Business Association, and Hyundai Motor.
The alliance will establish ethical and cultural practices, share technology trends insights, and launch joint metaverse development projects.


SMC Corp Stock Surges as Palliser Capital Pushes for Major Share Buyback
U.S. Demand for Alternative Satellite Providers Remains Strong Amid SpaceX Regulatory Push
Oil Price Forecasts Rise for 2026 as Middle East Supply Risks Persist
OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO
Global PCB Prices Surge Amid Middle East Conflict and Supply Chain Disruptions
Chinese Chip Stocks Surge on AI Boom and Domestic Tech Push
Ukraine Faces Pressure to Introduce VAT on Low-Value Imports to Secure IMF Funding
Kevin Warsh Advances Toward Fed Chair Role Amid Political Tensions
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth
Oil Prices Rise Amid U.S.-Iran Tensions and Strait of Hormuz Deadlock
BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build
Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement
Dollar Strengthens as US-Iran Tensions and Central Bank Decisions Drive Currency Markets
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand
Brazil Pension Fund Crackdown After Banco Master Collapse Raises Investment Concerns
Gold Prices Fall as Strong Dollar and Rising Oil Prices Pressure Markets 



