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Industry
Solar seen overtaking coal and gas as biggest power source by 2035
Solar power is expected to become the world’s largest source of electricity within the next decade, overtaking coal, oil and natural gas, a forecast said. BloombergNEF projects solar will be a core energy source in the global power market by 2035 on economics alone as costs keep falling. It also expects AI-driven data centre demand to spur new generation, with 24-hour power needs likely to slow a solar-led shift and keep gas and coal playing a role.
AI & Enterprise
AI-driven uncertainty spreads, expanding developers’ roles is key to change
Kim Hwan (김환), CTO of CJ Olive Young, said the key to adapting to uncertainty caused by AI is expanding developers’ roles beyond their specialties. Speaking at AWS Summit Seoul 2026, he said the retailer is hiring forward deployed engineers, setting up new teams and reshaping its organisation to speed decision-making. He said CJ Olive Young is building an AI-native development system on AWS and applying an AIDLC approach by combining AI with its SDLC.
AI & Enterprise
AWS says agentic and physical AI expand possibilities, will keep investing aggressively in South Korea
Amazon Web Services highlighted agentic AI and physical AI as key themes at AWS Summit Seoul 2026 on May 19 and 20. AWS said AI is reshaping the software development lifecycle and expanding from the digital world into the physical world, and it is introducing new programs to support the shift. AWS Korea chief Ham Ki-ho cited domestic customer cases, while CFO John Felton said AWS plans cumulative investment of 12.6 trillion won in South Korea from 2018 to 2031.
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Crypto
Bitwise CIO says Hyperliquid undervalued; U.S. CFTC regulation a wild card
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Industry
SpaceX kicks off biggest-ever IPO, picks Goldman Sachs as lead underwriter
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Industry
Lectric unveils XPress2 commuter e-bike at $1,399
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Crypto
Uphold says XRP demand is rising among retail and institutional investors
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Mobility
Subaru effectively shelves in-house EVs as profit plunges 90 percent, strategy retreat
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Industry
Samsung Electronics expands Odyssey G8 6K and OLED monitor lineup
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Industry
LG Whisen runs Changwon production line at full capacity amid early heat
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Finance
Korea Exchange, Nextrade to close on local election day and Constitution Day
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Games & Commerce
Com2uS Platform to join PlayX4 to help smaller developers go global with Hive
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Finance
Korea Investment & Securities says retail financial product balances top 100 trillion won
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Telecommunications & Media
Samsung, Google unveil Android XR glasses set for second-half launch
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Mobility
Socar cuts tire-related breakdowns 22 percent with AI diagnosis
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Finance
K Bank links in-app guaranteed loans with Gyeonggi credit guarantee foundation
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Finance
Banksalad launches personalised interest-cutting solution to boost loan management
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Games & Commerce
Kakao to adopt Google DeepMind's SynthID to block AI deepfakes, false information