Finance

BNK Financial reshuffles organization to focus on Busan-Ulsan-South Gyeongsang industries and AX

BNK Financial Group has carried out a second-half organizational reshuffle centered on a strategy tailored to the Busan-Ulsan-South Gyeongsang region and support for key local industries. It set up new units at the holding company to handle regional economic research, localized ESG strategy and an AI transformation drive, and created dedicated industrial finance organizations at Busan Bank and Kyongnam Bank. It also added teams focused on digital assets and marine finance.

Industry

Amotech to supply MLCCs to global optical communications company

Amotech said it has entered the AI data centre supply chain by stepping up mass production of ultra-high-frequency broadband multi-layer ceramic capacitors used in high-performance optical networks. It said MLCCs are essential for high-speed signal processing in AI servers and optical communications equipment. The company plans to start supplying a U.S. optical communications company in the second half and add higher-priced ultra-broadband products in 2027.