I watched part of a game on Baduk TV last night between Lee Youngoo and Ryu Suhang (I think Lee was winning), but I haven't found any info on the KT Olleh Cup. I tried searching for "2012 olleh kt올레 바둑", which got a few hits, but I don't speak Korean (tho am trying to learn to read Hangul, at least) so I didn't get very far. I did find what looked like a preliminary tournament table with a win by Ryu Suhang.

Do you have any news on this tournament?

Olleh cup 2nd round results;
Park Younghoon < Yoo Byungyong(ama)
Won Seongjin > Lee Hoseung(ama)
Kim Jiseok > Park Youngrong
Baek Hongseok vs Yang Wooseok 6/18
Cho Hanseung > Cho Inseon
Lee Uounggu < Ryu Soohang
Lee Changho vs Byun Sangil 6/14
Yoon Junsang > Son Geungi
Heo Youngho < Seo Bongsoo
Na Hyun < Kim Hyunseob
Mok Jinseok > Ok Deukjin
Kang Yootaek > Park Seungchul
Park Jeongsan > Yoon Seonghyun
Ahn Kookhyun > Kim Hyunghwan
Lee Jihyun > Kang Jiseong
Kim SeungJae > Wi Erang
Kim Kiyong > Ahn Dalhoon
Han Sanghoon > Yeom Jeonghoon
Hong Seongji vs Park Jieun 6/8
Jin Siyoung < Park Jeonggeun
Hong Minpyo > Lee Jaewoong
Ahn Joyoung > Joo Hyungwook
Lee Wondo > Seo Geonwook
On Sojin vs Choi Myounghoon 6/15
Kim Sedong < Ryu Inhyung
Kim Hyungwoo < Park Siyoung
Yoo Changhyuk > Park Jinsol
Kang Seungmin < Lee Heeseong
Highlighted name is winner.

Pairing was done by Highest ranker vs Lowest ranker.

3rd round seeded;
Lee Sedol, Park Junghwan, Kang Dongyoon, Choi Chulhan

Thank you, trout, you are so great! Ryu Suhang won! A 1d over a 9d (of course, there are lots of very strong 1d and 2d players in Korea and China). I've got to see that game -- do you know a place I can find the kifu (it hasn't shown up on gokifu.org yet)?