NAVER Corporation
035420.KSpublicInternet & AI
South Korea's dominant search and internet company. Developed HyperCLOVA X — Korea's frontier LLM. Operates Naver Cloud and is building AI datacenters. Key AI investor in Korea's sovereign AI ecosystem. Partner with Samsung, SK Telecom, and KAIST for AI research.
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2024 CAPEX
$0.8B
YoY 2024 vs 2023
+9.0%
Latest Quarter
$0.2B
Q4'24
CAPEX History — Quarterly
Quarterly Data & Sources
| Quarter | CAPEX | Revenue | % Rev | Source |
|---|---|---|---|---|
| Q4'24 | $0.2B | $2.8B | 7.9% | Naver Q4 2024 Earnings (est.) |
| Q3'24 | $0.2B | $2.7B | 8.1% | Naver Q3 2024 Earnings |
| Q2'24 | $0.2B | $2.7B | 7.8% | Naver Q2 2024 Earnings |
| Q1'24 | $0.2B | $2.6B | 7.7% | Naver Q1 2024 Earnings |
| Q4'23 | $0.2B | $2.6B | 8.1% | Naver Q4 2023 Earnings |
| Q3'23 | $0.2B | $2.5B | 8.0% | Naver Q3 2023 Earnings |
| Q2'23 | $0.2B | $2.4B | 7.9% | Naver Q2 2023 Earnings |
| Q1'23 | $0.2B | $2.3B | 7.8% | Naver Q1 2023 Earnings |
Q1'23 — Converted from KRW at 1300 KRW/USD
Q2'23 — Converted from KRW at 1300 KRW/USD
Q3'23 — Converted from KRW at 1300 KRW/USD
Q4'23 — FY2023 total CAPEX: ~$0.78B
Q1'24 — Converted from KRW at 1340 KRW/USD
Q2'24 — Converted from KRW at 1380 KRW/USD
Q3'24 — Converted from KRW at 1350 KRW/USD
Q4'24 — FY2024 total CAPEX: ~$0.85B est.
Compute Clusters
HyperCLOVA X training cluster
H100 (est.)
operational
SEC Filings
koreaAIHyperCLOVAsearchcloudLLMpublic