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Industry

Trump\'s \'100% U.S.-made\' tech plan faces reality check as smartphone production costs jump 152%

A new analysis says President Donald Trump\'s push to shift technology product manufacturing entirely to the United States would require major investment and labour. The Consumer Technology Association estimated that relocating full supply chains for 10 widely used products could require $185 billion to $230 billion in capital spending, 555,000 to 668,000 additional full-time workers and up to 19.5 billion kWh a year in power. It said smartphone production costs could rise 152 percent, with consumer prices also likely to increase.

Games & Commerce

Baemin picked as K-GX signature project for green delivery ecosystem

Woowa Brothers, operator of Baedal Minjok, said on Wednesday its project to build a platform-based green delivery ecosystem was selected as a signature project under the government’s Korean-style green transformation strategy, K-GX. The company said Baemin was the only IT platform firm chosen. It cited joint pilot programmes with government agencies and local governments for electric delivery motorcycles, including battery swap stations, free rentals and incentives per delivery.

Finance

Woori Bank launches loan for exporters, raises facility funding limit up to 15 percent

Woori Bank launched a loan product for exporters to ease funding burdens by providing up to a 15 percent additional facility-loan limit and preferential interest rates and foreign-exchange fees. The bank said the product targets companies with a certain credit rating and export performance within the past year. It said firms using Korea Trade Insurance Corp export credit guarantees can receive additional rate benefits at branches.