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NTQ Korea Celebrates 5 Years: Empowering Korean Competitiveness Through Global Collaboration

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SEOUL, South Korea, Nov. 18, 2024 /PRNewswire/ — After 5 years of establishment in Korea, NTQ Korea has gained significant positions thanks to a dedication to raising Korean businesses’ competitiveness through its pioneering Global Collaboration model. 

On 14th November, NTQ Korea celebrated its fifth anniversary in Seoul, hosting esteemed clients and partners in a special ceremony that highlighted the company’s journey from a small venture to becoming a trusted partner for numerous major South Korean companies across various industries.

The secret behind NTQ Korea’s remarkable success lies in its strategy to focus on multiple dimensions of business development. Aside from a sole focus on tech service offerings, NTQ Korea stands out for its unique Global Collaboration strategy, which has been instrumental in helping South Korean businesses unlock new opportunities in emerging markets like Vietnam and beyond.

Global Collaboration – NTQ Korea’s Approach To Leverage Korean Businesses In The Competitive Landscape

As part of maintaining its position as a global innovation leader, South Korea has actively expanded ICT collaboration with countries worldwide to strengthen its supply chain networks. Vietnam, one of the nations that has a strategic partnership with South Korea, has contributed significantly to this strategy.

“Realizing the needs for globalization of Korean businesses and the long-lasting bilateral relation between Vietnam & Korea, NTQ Korea chooses to foster service offerings & business development strategy around the “Global Collaboration” – A model that enables NTQ to build sustainable partnership values with clients”, said Mr. Pham Thai Son, CEO of NTQ Solution.

As the name suggests, “Global Collaboration” is NTQ Korea’s unique strategy model that aims to enhance clients’ capabilities to enter global markets through digital transformation. NTQ’s Global Collaboration consists of two critical objectives: leveraging clients’ competitiveness in the Korean market and committing to accompany clients on their journey to expand business globally.

Dedicated resources of more than 1300 employees globally, diverse tech stack capabilities & global experiences are the solid foundation of NTQ Korea’s Global Collaboration. NTQ Korea acts as an IT Service Provider, while providing a powerful source of technical expertise, know-how & experiences that allow clients to access markets where NTQ has a presence, including Vietnam, Japan, the US, Europe, Hong Kong, and many other countries/regions.

“With the help of NTQ’s tech powerhouse and global experiences, Korean clients will both achieve global expansion goals and strengthen their competitive edge in the domestic market at the same time”, said Mr. Pham Thai Son, CEO of NTQ Solution.

To effectively execute its Global Collaboration strategy, NTQ Korea employs: (1) a Global Development Center (GDC) model with advanced workforce management, developing dedicated IT resources that support Korean enterprises’ growth, (2) end-to-end services combining hardware and software to bring clients’ solutions to life, meeting diverse global demands, and (3) emerging technologies like up-trending GenAI and Blockchain, providing solutions that enhance Korean companies’ competitiveness, boosting growth through improved productivity, communication, and learning efficiency. These innovations address Korean businesses’ evolving needs, creating a robust foundation for sustainable international expansion.

Ready For A Greater Leap!

The resilience towards Global Collaboration has contributed to NTQ Korea’s remarkable achievements in both service development and market expansions. Looking ahead, NTQ Korea is pursuing a 5-year strategy toward future growth. This includes the goals of achieving 100 employees in Korea, deploying GDCs with 2000 – 3000 dedicated talents specialized for the Korean market, and granting top positions in the Korean ICT Market.

Along with other global subsidiaries, NTQ Korea is striving for the NTQ Solution’s 2026 goals, including 3000 employees milestones, $100M in revenues & achieving the Top 5 IT company in Vietnam!

About NTQ Korea: NTQ Korea is one of the international branches of NTQ Solution, a Global IT Service Provider with more than 13 years of experience in harnessing digital transformation for businesses worldwide. Founded in 2019, NTQ Korea has become a trusted IT partner of leading Korean companies, contributing to leveraging the position of Vietnam’s ICT competency in the market.

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SOURCE NTQ Solution

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Trip.com Group Sincerely Accepts Administrative Penalty Decision Issued by the State Administration for Market Regulation of the People’s Republic of China

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SINGAPORE, July 25, 2026 /PRNewswire/ — Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) today announced that it has received the administrative penalty decision issued by the State Administration for Market Regulation of the People’s Republic of China.

Trip.com Group sincerely accepts the decision and will adopt rectification measures in accordance with applicable laws and regulations to implement the decision’s requirements. The Company will strengthen its long-term governance mechanisms and strive to contribute to the sustainable development of the travel industry.

Trip.com Group’s management team will host a conference call at 8:00 AM U.S. Eastern Time on July 27, 2026 (or 8:00 PM Hong Kong Time on July 27, 2026).

The conference call will be available on Webcast live at: http://investors.trip.com.

All participants must pre-register to join this conference call using the participant registration link below:
https://register-conf.media-server.com/register/BIb78e08d8f18340c4882a7e4ab961906b.

Upon registration, each participant will receive details for this conference call, including dial-in numbers and a unique access PIN. To join the conference, please dial the number provided, enter your PIN, and you will join the conference instantly.

For further information, please contact:
Investor Relations
Trip.com Group Limited
Email: iremail@trip.com

View original content:https://www.prnewswire.com/news-releases/tripcom-group-sincerely-accepts-administrative-penalty-decision-issued-by-the-state-administration-for-market-regulation-of-the-peoples-republic-of-china-302834599.html

SOURCE Trip.com Group Limited

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NAVER Partners with Brookfield and NVIDIA to Expand Korea’s National AI Factory Infrastructure Buildout

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SAN FRANCISCO, July 25, 2026 /PRNewswire/ — NAVER, Brookfield and NVIDIA announced an expansion of Korea’s sovereign AI factory infrastructure. New investments will increase the initial NVIDIA DSX™ AI factory deployment from 55 megawatts to 200 megawatts.

Announced during Korea President Jae Myung Lee’s AI Summit visit to San Francisco, the planned 200-megawatt expansion will be built with the NVIDIA DSX platform at NAVER’s GAK Sejong hyperscale data center in Sejong, South Korea. The expanded infrastructure will provide Korea- and U.S.- based AI innovators with access to production-scale AI compute for building next-generation models, agents and AI-powered services.

Under the terms of the agreements, Brookfield will fund up to $9 billion as the exclusive capital partner, NVIDIA will invest $1 billion and NAVER will fund the remaining amount to finance the $10 billion project.

This builds on NAVER’s June announcement to extend its GAK Sejong data center with NVIDIA DSX, with a long-term path to gigawatt-scale sovereign AI infrastructure serving Korea’s enterprises, industries, government organizations and global AI cloud customers. Combining Brookfield’s capital with NVIDIA’s computing platform, the investment supports NAVER’s AI factory deployment.

“NVIDIA’s strategic investment and our infrastructure supply agreement with Brookfield have propelled NAVER’s vision for the AI Factory business into a robust execution phase,” said Haejin Lee, Founder and Chairman of NAVER. “Leveraging the solid partnerships with our global partners, we will drive technological innovation, foster a sovereign AI ecosystem, and spearhead efforts to strengthen South Korea’s AI competitiveness.” 

AI Factory Expansion and Open Model Collaboration to Fuel AI Innovators

NAVER, as an NVIDIA Cloud Partner, provides deep expertise in operating hyperscale infrastructure powered by the full-stack NVIDIA AI platform. The 200-megawatt AI factory, featuring NVIDIA Vera Rubin and Blackwell platforms, will establish a dedicated resource pool for emerging AI companies, providing the compute, software and support needed to develop and deploy competitive AI models and applications at scale.

This expanded infrastructure also builds on NAVER and NVIDIA’s collaboration on open model development for agentic and physical AI. NAVER is advancing its HyperCLOVA X models to be based on NVIDIA Nemotron™ 3 Ultra open models with its proprietary data and training expertise. NAVER is also the first Korean company to join the NVIDIA Nemotron Coalition, contributing to open model development across pretraining, post-training and reinforcement learning.

NAVER plans to launch an AI agent platform in Korea in the second half of the year, powered by NVIDIA Agent Toolkit software including NVIDIA NemoClaw™ blueprints. NAVER is also developing a Seoul World Model using proprietary urban street-view and spatial modeling data, built on NVIDIA Cosmos™ world foundation models.

About NAVER

Founded in 1999, NAVER is Korea’s largest Internet company and one of the world’s top tech companies. Leading cutting-edge technologies, NAVER operates the No.1 search engine in Korea and holds various business portfolios encompassing commerce, fintech, cloud, AI and robotics.

NAVER recorded sales of KRW 12.04 trillion (USD 8.18 billion) in 2025. TEAM NAVER continues to enhance its business portfolio and expand its global presence across Japan, North America, and Europe, while pursuing innovation through continuous research and development in future technologies.

View original content:https://www.prnewswire.com/news-releases/naver-partners-with-brookfield-and-nvidia-to-expand-koreas-national-ai-factory-infrastructure-buildout-302834577.html

SOURCE NAVER

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Beijing Review: Walking Through Time: China and U.S. Youths Explore Dali’s Past and Future

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BEIJING, July 24, 2026 /PRNewswire/ — On July 17, a China-U.S. youth delegation came to Dali of Yunnan Province. By examining how Dali’s rich history intersects with modern development, the delegates explored new pathways for rural development.

They visited Dali Old Town, tried their hand at making the Bai people’s Three-Course Tea and also explored the ancient town of Xizhou, where they learned how modern tourism and indigenous life coexist.

In Yunnanyi Village, they explored its history as a stop along the Tea Horse Road and learned about the role it played during the Second World War (WWII).

Tyler James Smith

“I think it’s a very underappreciated part of World War II history. Hearing these stories of different countries working together despite cultural differences is incredibly inspiring.

I also think there are many stories like these that haven’t been widely told, simply because World War II is such a complex period in history. That’s why I think it’s so meaningful to visit museums like this and experience these stories firsthand.”

At Xiangyun Economic and Technological Development Zone, they visited a local new energy company to see how green, low-carbon development is driving regional growth.

Valerie Marie

“I recently started studying energy transitions. I know China has been really big in the renewable energy sector. So actually getting to hear more about [China’s] 2060 [pledge], learning more about carbon neutrality [goals], as well as other zero-carbon goals, was cool.”

During their stay in Dali, they also strolled along the Erhai Lake Ecological Corridor.

Bai Yiwen

“I’d describe this journey as “to be continued,” because my own connection with Yunnan is far from over. For the U.S. delegates, this was only their first visit, so they’ve only had a glimpse of what Yunnan has to offer. I hope they will have more opportunities to come back to China, explore other cities in Yunnan, and discover even more of its people, culture and traditions.”

After Dali, the delegates will visit Beijing for more tours and exchanges. The event was co-hosted by China International Communications Group (CICG) Center for the Americas and the U.S.-based International Student Conferences.

https://x.com/beijingreview/status/2080104404552663067?s=46&t=yfVMVdMyE2zKAFrYaLoV-g

https://www.facebook.com/share/v/1EtGCCKzy4/?mibextid=wwXIfr

https://www.tiktok.com/@cachinachic/video/7665536913532587294?is_from_webapp=1&sender_device=pc&web_id=7227134149436605995

https://youtu.be/jGONWTqwduc?is=KfL-Zn3HyVYE-KEm

Contact: Jiaweibellapeng@163.com

View original content:https://www.prnewswire.com/news-releases/beijing-review-walking-through-time-china-and-us-youths-explore-dalis-past-and-future-302834587.html

SOURCE Beijing Review

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