Google to Buy Spirit Airlines Business Data for $10 Million to Train AI 
Goldman Sachs Names 9 Top Japanese Semiconductor and Electronics Stocks 
Alphabet Eyes First Australian Dollar Bond as AI Spending Drives Funding Push 
Lockheed Martin Secures $153.5 Million in U.S. Defense Contracts 
Moody’s Upgrades Vodafone Hybrid Debt Ratings to Baa3 
Toyota, Honda Shares Rise on Possible U.S.-Canada Auto Tariff Cut 
CK Hutchison Seeks $1.5 Billion From Panama Over Canal Ports 
Schott Pharma Stock Rises as Barclays Upgrades Rating on Growth Outlook 
Shein Targets $26B-$27B Valuation for Hong Kong IPO 
Coty Revenue Beats Estimates as Beauty Demand Holds Firm 
SEC Sues Former Tricolor Executives Over $1.9 Billion Investor Fraud Scheme 
Moderna Short Sellers Hit With $4.8 Billion Loss as Stock Soars 
Unitree Robotics Shares Soar Over 600% in Shanghai Market Debut 
Sun Pharma Wins U.S. Appeal in Pfizer Lipitor Antitrust Case 
Hermès Stock Downgraded by RBC as Luxury Growth Premium Narrows 
BofA Sees Micron EPS Topping $230 by 2030, Backs Major Stock Upside 
Add as a preferred source on Google
KT Corp. will invest 9 billion won over the next three years to help its local suppliers manufacture homegrown materials and parts and reduce its reliance on overseas suppliers amid the pandemic.
South Korean telecom giant is strengthening partnerships with local companies as uncertainties from the pandemic impact global supply chains.
To stabilize its equipment supply chain, KT will also pursue diversification of suppliers and major components.
KT added it will further support its local suppliers by helping them enter overseas markets, such as providing its overseas offices for global marketing efforts.
The carrier didn’t specify the supply chain challenges it encountered recently, nor the suppliers it would be working with for the new strategy.
The company has as of the third quarter earned an operating profit of 759.1 billion won on a standalone basis.
KT, who said it was upbeat about its performance, expects its operating profit to reach 1 trillion won on a standalone basis in 2022.
