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AI & Enterprise
Ruling party science committee holds policy talks on second-half priorities, AI budget, power and network law
Ruling party lawmakers on the National Assembly’s science, ICT, broadcasting and communications committee held closed-door policy talks on July 22 with relevant government agencies. Participants reviewed progress on existing projects for the second half, including space launch vehicles and nuclear power safety issues. Lawmakers also discussed budget constraints for large AI projects such as AI data centres and physical AI, power demand linked to AI expansion and the need to strengthen SMR research and investment.
AI & Enterprise
Science ministry and National Police Agency hold AI policing R&D showcase
South Korea\'s Ministry of Science and ICT and the National Police Agency held the third Science Policing R&D achievements exhibition on Tuesday at the police headquarters in Seoul. The event featured five themed zones focused on AI, including investigation support, field support, public safety, robotics and mobility. Exhibits included an AI Raman spectrometer to identify narcotics and systems to detect deepfakes and AI-generated news.
Telecommunications & Media
Minimal fold phone \'Light Flip\' debuts to cut social media and infinite-scroll addiction
A minimal fold phone that excludes social media and infinite-scroll apps is set to debut, targeting users who want to cut smartphone addiction and focus on calls and texts. U.S. startup Light is developing the Light Flip and aims to launch it in April 2027. The device uses a keypad-based interface and offers limited essential tools. Light will sell it bundled with cellular plans, including a $39 a month option.
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Industry
Samsung, SK and Naver chiefs to meet Nvidia\'s Jensen Huang in Silicon Valley this week
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Finance
NH NongHyup Bank, KODIT to extend 383 billion won financing support for SMEs
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Finance
KOSPI returns above 7,000 after four sessions; buy sidecar triggered for second straight day
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Industry
SK finalises nine companies for SK Impact Booster with Happynarae
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Crypto
Gate Europe CEO says even MiCA-licensed crypto firms may leave EU if they cannot bear costs
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Industry
LG Display posts Q2 operating loss of 107.7 billion won, swings to deficit
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Crypto
XRP breaks July range, could open path to $1.24
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Crypto
Gold slide may spill into cryptocurrencies as rising real rates tighten liquidity
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Crypto
Shiba Inu shows 91 percent similarity to 2023 decline pattern, warning of 20 percent drop
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Society
South Korea\'s team wins awards across board at International Mathematical Olympiad
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Games & Commerce
Naver Webtoon unveils first offline Webtoonwith event to support non-capital region creators
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Crypto
Bitcoin quantum discount hits 30 percent for first time; XRP back in profit zone, SHIB whales accumulate
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Crypto
XRP rallies on U.S. Clarity bill hopes, but technical indicators still caution
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Crypto
XRP open interest tops $2.4 billion as market eyes break above $1.18
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Industry
SpaceX lock-up expiry could release 911.5 million shares ahead of first earnings