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AI & Enterprise

South Korea sets 2030 moon landing bid with public-private small lander

South Korea aims to secure a 3 percent share of the global aerospace market by 2035 by building a Korean low-Earth-orbit satellite communications network, developing a public-private lunar lander and advancing reusable launch vehicles. The government plans to bring forward its first lunar landing to 2030 by launching a small lunar lander jointly developed with private companies. It also plans to expand policy from R&D to demand creation and broaden support to materials, parts, equipment and satellite data use.

Finance

KB Kookmin Bank runs cooperative open store in Jeonju

KB Kookmin Bank will run a cooperative \"open store\" in Jeonju to help expand sales channels for local small merchants and boost the regional economy. The bank will operate the event with Hyundai Department Store and the National Pension Service from July 6 to 9 at the NPS Happiness Pension Hall in Jeonju, North Jeolla Province. The bank will cover operating costs, while partners provide brands, space and promotion. Consulting booths and seminars are also scheduled.

AI & Enterprise

Government steps up drive for physical AI full stack localisation

The government plans to localise physical AI full stack technology and expand its applications to manufacturing, agriculture, defence and caregiving. The Ministry of Science and ICT unveiled a strategy to build a cross-government data collection and use system and develop key technologies such as physical AI foundation models and world models. It also plans to develop specialised devices, networks, security and AI chip-based computing platforms, and to support investment, talent and standards and certification systems.