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Telecommunications & Media

SOOP and Jeungpyeong County team up to boost local culture and content

SOOP said on Oct. 22 it signed a memorandum of understanding with Jeungpyeong County to revitalise local culture and content. The agreement was signed on Oct. 21 at the Reading King Kim Deuk-sin Literature Museum in North Chungcheong Province, attended by SOOP CEO Lee Min-won (이민원) and Jeungpyeong County Governor Lee Jae-young (이재영). They will cooperate on discovering and spreading content using local resources, jointly planning local-linked content, exchanges with residents, local promotion via SOOP, and using local facilities for production.

AI & Enterprise

KT to expand national quantum communications infrastructure with nationwide testbed

KT plans to expand its quantum cryptography communications testbed nationwide by 2028 and verify next-generation quantum communications technologies based on wireless and satellite links. KT said on Oct. 22 it will push ahead with a project led by the Ministry of Science and ICT and the National Information Society Agency. The project expands the existing testbed centered on Seoul, Pangyo and Daejeon and supports verification and industrialization of next-generation quantum technology.

Industry

South Korea faces warnings of growing reliance on semiconductors

Warnings are growing that South Korea is shifting toward an economy led by a single semiconductor sector, similar to Taiwan. Record chip exports driven by AI demand are lifting potential growth forecasts and per-capita GDP projections. But analysts say gains are concentrating in Samsung Electronics and SK hynix as they handle production and packaging in-house. That could widen the gap between headline indicators and felt conditions, with institutions also warning of structural risks and weaker non-chip manufacturing.