KOSDAQ Listing Bar Raised to 100 Billion Won Minimum

■AI PRISM [Startup News] Tim Cook's September Retirement: Innovation vs. Operations Crossroads Technology Special Listing A-Grade Acquisition Difficulty Rises Google's 'Gemini in Chrome' Arrives in Korea

Technology|
|
By Kang Do-won
||
null - Seoul Economic Daily Technology News from South Korea

▲AI PRISM* Customized Economic Briefing

*Editor's Note: 'AI PRISM' (Personalized Report & Insight Summarizing Media) is an AI-based customized news recommendation and summary service developed with support from the Korea Press Foundation. It selects and provides six customized news stories for each reader type.

[Key Issue Briefing]

■ Big Tech Management Transition: Apple CEO Tim Cook will retire this September, marking a turning point for the company's management philosophy after 15 years at the helm. The transition from an operating system centered on supply chain management and cost efficiency to the new CEO John Ternus regime is expected to gain full momentum.

■ Tightened Technology Special Listing Gateway: The Korea Exchange has reduced the number of technology evaluation agencies from 26 to 16, raising the bar for KOSDAQ technology special listings. In the investment banking (IB) industry, the view that the probability of obtaining an A-grade has been cut in half is spreading.

■ AI Search Supremacy Competition: Google has officially launched its Chrome browser equipped with the 'AI chatbot Gemini' in Korea, taking aim at the domestic search market. In response, NAVER (035420) has countered by announcing the launch of an 'AI Tab' that will link shopping, reservations, and payments during the first half of the year.

[News of Interest to Startup Founders]

1. Tim Cook Led 10-fold Market Cap Growth Over 15 Years…Critics Say 'Jobs' Innovation' Was Lost

- Key Summary: As Apple CEO Tim Cook retires this September, his achievements and limitations over his 15-year tenure are being re-examined. During his tenure, Cook grew Apple's market capitalization from $35 million (approximately 51.4 billion won) to $4 trillion (approximately 5,879 trillion won) and boosted revenue roughly fourfold from $108 billion (approximately 158 trillion won) to $416 billion (approximately 611 trillion won). He also diversified the revenue structure by expanding the share of service segments such as the App Store, iCloud, and Apple Music. Meanwhile, experts assess that his supply chain and operational efficiency-focused management style maximized corporate stability and profitability but worked conservatively when it came to driving innovation.

2. Stingy A-Grade Ratings…Special Listing Difficult Even for Firms with Innovative Technology

- Key Summary: KOSDAQ technology special listings are becoming increasingly difficult for companies with innovative technology. Cardiovascular diagnostic medical device company AIMEDIC recently failed a technology evaluation, while brain disease drug developer Sovargen and autonomous driving firm Autonomous a2z received 'BBB, BBB' ratings and temporarily postponed their listings. This comes as the Korea Exchange reduced the number of evaluation agencies from 26 to 16 and moved toward stricter management in line with its policy of attracting quality listed companies. The exchange reportedly conveyed to IPO working-level staff at securities firms that new listings need a market capitalization based on the confirmed offering price of at least 100 billion won to be in a safe zone.

3. Cancer Diagnosis and Treatment Strategy Designed in One Day…LG (003550) Unveils 'AI Doctor'

- Key Summary: The LG AI Research Institute unveiled research results on 'Cancer Agentic AI,' which it is jointly developing with the Vanderbilt University Medical Center in the United States, at the American Association for Cancer Research (AACR 2026). The core of this system is the pathology AI 'EXAONE Path,' which predicts cancer gene activity within one minute from just a single tissue pathology image, shortening the design of personalized treatment strategies from the previous four-plus weeks to just one day. EXAONE-based multi-AI agents sequentially perform tissue analysis, cancer gene activity verification, drug response validation, and treatment strategy design in collaboration with medical staff. The two institutions plan to expand the scope of application from gastric cancer to various cancer types including colorectal and lung cancer.

[Reference News for Startup Founders]

4. Chrome Equipped with Gemini Lands in Korea…Naver Counters with 'AI Tab'

- Key Summary: Google has officially launched 'Gemini in Chrome,' which combines its AI chatbot Gemini with the Chrome browser, in Asia-Pacific regions including Korea, Japan, and Singapore. The service allows users to utilize Gemini from a side panel without opening new web pages, handling browsing, summarization, image conversion, and multi-tab analysis, with integration with Google services such as Gmail, YouTube, and Calendar as its strength. In response, Naver is pushing to launch a plan to integrate its services such as shopping, Place, and Pay into a single AI Tab during the first half of the year. Meanwhile, AI startup Upstage is also expected to transform into an AI portal by incorporating its AI technology after completing its acquisition of Daum.

5. BNK Supports Startup Overseas Expansion

- Key Summary: BNK Financial Group signed a 'business agreement to support overseas business expansion for startups' with Jeju Free International City Development Center (JDC), Japan's Kiraboshi Financial Group, and Vietnam's Thang Long Group. The participating institutions will cooperate in various areas including supporting startups' global expansion, jointly discovering and nurturing innovative companies, providing investment linkage and financial solutions, and activating networking and information exchange. In particular, the core is building a one-stop growth system connecting promising company discovery, growth support, investment, and global expansion. This agreement is structured as cooperation among the public, private, and financial sectors of Korea, Japan, and Vietnam, and is expected to diversify domestic startups' routes into Asian markets.

6. "Boost Competitiveness"…IBK to Pursue Organizational Innovation for AX

- Key Summary: Industrial Bank of Korea (IBK) will conduct organizational restructuring consulting through mid-June to develop medium- to long-term organizational innovation measures for internalizing AI capabilities. The core of this innovation is to systematically establish the AI Transformation (AX) across overall organizational operations, including lending business processes, decision-making structures, and risk management systems. In his inaugural address, President Jang Min-young declared, "We will completely redesign our organizational DNA to be AI-friendly and reinvent ourselves as an AI company." The organizational restructuring is scheduled to be implemented together with the regular personnel changes in the second half of July, with strengthening the bank's status as a state-run bank dedicated to small and medium-sized enterprises also presented as a major goal of this reform.

▶Read the full article: Samsung SDI Secures 400 Billion Won in Liquidity…Bank Borrowing Amid Investment Shortfall

▶Read the full article: From Climate Ministry to Civic Groups, All Going 'Anti-LNG'…AIDC Special Act Hits Snag

null - Seoul Economic Daily Technology News from South Korea
null - Seoul Economic Daily Technology News from South Korea
null - Seoul Economic Daily Technology News from South Korea
null - Seoul Economic Daily Technology News from South Korea
null - Seoul Economic Daily Technology News from South Korea
null - Seoul Economic Daily Technology News from South Korea

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

00:0004:56