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Industry

Race heats up in autonomous driving technology as SDV competition intensifies

Sweden's largest industrial union IF Metall is ending a 1,021-day strike against Tesla after the company did not accept demands for a Swedish-style collective agreement. The union said the action lost effectiveness after participating members were effectively removed from the workplace. Separately, competition in autonomous driving is moving beyond development into real-world safety and stability, with attention shifting to accident response, regulatory hurdles for Tesla FSD in China and Europe, and Waymo’s robotaxi production expansion.

Industry

AI factory build in Korea leaves server, cooling supply chain tied to Taiwan

Construction of gigawatt-scale AI factories in South Korea is getting under way, but server assembly and liquid-cooling component supply chains are controlled by Taiwanese companies, raising concerns that Korean materials and parts suppliers are being sidelined. Nvidia plans to ship fully assembled compute trays from its next-generation Vera Rubin platform, narrowing assembly partners to Foxconn, Quanta and Wistron. Cooling component suppliers Auras and AVC have also taken an early lead.

Finance

Non-apartment support raises questions over effectiveness of youth future Bogeumjari loan

South Korea has rolled out an annual 3 trillion won Youth Future Bogeumjari Loan to help young people buy their first home, but the response has been muted because its added benefits apply only to non-apartment housing. The product, due to launch in January, offers up to 80 percent LTV for eligible borrowers buying non-apartments priced at 400 million won or less. Experts say the scope may be too narrow and call for broader support.