Naver's Choi Su-yeon: "Urgency over Dependence on Global Corporations... Call for Substantial Government Support"

Choi Soo-yeon, CEO of Naver, expressed a sense of urgency after witnessing at the electronics and IT exhibition 'CES 2024' how some companies are becoming dependent even in the hardware sector based on the AI industry. She called for practical government support to secure diversity in the AI ecosystem and enhance the competitiveness of domestic companies.

Choi Soo-yeon, CEO of Naver, is greeting attendees at the 5th AI High-Level Strategic Dialogue held on the 19th at the Federation of Korean Industries in Yeouido, Yeongdeungpo-gu, Seoul. Photo by Jo Yong-jun jun21@

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On the 19th, CEO Choi attended the '5th AI High-Level Strategic Dialogue' held at the Federation of Korean Industries Plaza in Yeouido, Seoul. The event gathered both public and private sectors, including Minister Lee Jong-ho of the Ministry of Science and ICT, Kim Seung-hwan, CEO of Amorepacific, Ryu Jeong-hoon, CEO of Doosan Robotics, and Yong Seok-woo, President of Samsung Electronics' Visual Display Business Division, to discuss AI policies.

CEO Choi began by saying, "It has long been the case that search, messenger, and commerce are dependent on some global platform companies, and Naver is also in a situation where it is considering selection and concentration. AI feels like an additional front line."

She added, "At CES, I confirmed that even the hardware industry based on the AI data industry is becoming dependent on some global companies. Seeing global companies with overwhelming capital and human resources, I feel even more desperate and am contemplating how to compete and how much to invest."

Minister Lee Jong-ho of the Ministry of Science and ICT, Ko Jin, Chairman of the Digital Platform Government Committee, Kim Young-seop, CEO of KT, Choi Soo-yeon, CEO of Naver, and other business leaders are attending the 5th AI High-Level Strategic Dialogue held on the 19th at the Federation of Korean Industries in Yeouido, Yeongdeungpo-gu, Seoul, shouting "Fighting." Photo by Jo Yong-jun jun21@

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Last year, Naver introduced its self-developed massive AI model 'HyperCLOVA X.'

CEO Choi emphasized the diversity of the AI ecosystem, saying, "Generative AI responds by reflecting social contexts and cultures, and in the future, it will also influence the ways people think and behave."

She requested, "We ask for practical government support so that domestic companies can gain competitiveness and grow," and pledged, "Companies will also expand overseas partnerships and strive to secure digital sovereignty."

CEO Choi concluded, "We will ensure that Naver can be listed as a collaborative partner at next year's CES," and requested, "Please support not only Naver but also domestic companies to succeed in growing in the global AI market and expanding ecosystem diversity."

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