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Industry

Energy costs added to supply price linkage, but effectiveness for chip materials, parts and equipment firms questioned

Electricity and gas bills paid by South Korean semiconductor materials, parts and equipment firms will be included in the supply-price linkage scheme from Dec. 3. The government introduced the move alongside a 5 trillion won semiconductor fund to channel large-company investment gains to smaller suppliers. Critics say the requirement that costs exceed 10 percent of supply payments and opt-out clauses by agreement may limit price pass-through. A budget office said results so far are hard to verify.

Finance

KOSPI faces 7,000 test with Nvidia earnings, U.S. Treasury yields in focus

South Korean stocks are expected to take cues this week from Nvidia earnings and the U.S. July personal consumption expenditures price index. Semiconductor profit expectations and large shareholder-return plans are seen supporting the downside, but U.S. long-term yields and Middle East uncertainty remain variables. Investors will also watch the Jackson Hole symposium and U.S. rate-path signals. The KOSPI may retest 7,000 if AI demand holds and inflation does not surprise higher.

Telecommunications & Media

3G set to fade as SKT halts new sign-ups and KT prepares to follow

South Korea’s 3G mobile service is entering an exit phase after SK Telecom halted new sign-ups and KT began preparing to do the same. The move blocks new users but does not shut down the 3G network, which will continue operating for existing subscribers. A full shutdown requires carriers to submit user-protection plans to the Ministry of Science and ICT and receive approval. 3G phone lines stand at 328,124, about 0.6 percent of total.