Search results for Lee Jae Myung
Industry
South Korea science ministry breaks ground on Korea New Light Accelerator, aims for 2029 completion
South Korea\'s Ministry of Science and ICT and the Korea Basic Science Institute on July 27 held a groundbreaking ceremony for the Korea New Light Accelerator in Ochang, Cheongju. The fourth-generation circular synchrotron will use radiation generated by accelerating electrons close to the speed of light to analyse materials at the atomic level. The ministry plans to invest 1.16 trillion won, aiming to complete the project by end-2029, with KBSI overseeing construction.
Industry
SK $500 billion, Samsung $200 billion: global AI deals unveiled
Around a San Francisco AI summit, South Korea unveiled government-led cooperation plans between global AI companies such as Nvidia, OpenAI and Broadcom and Korean firms including Samsung Electronics, SK Group, Hyundai Motor Group and Naver. Nvidia and SK Group disclosed a partnership intent worth more than $500 billion, while Samsung and Broadcom signed an MOU worth more than $200 billion through 2030. Nvidia and Brookfield also plan a $10 billion investment in Naver.
Industry
SK to expand AI chip, data centre ties with five big tech firms
SK has secured a foundation to carry out its domestic AI infrastructure investment plans through cooperation with U.S. big tech companies. It agreed with Nvidia, Microsoft and Anthropic on cooperation in AI chips and AI data centres, and discussed expanding domestic AI infrastructure cooperation with Amazon Web Services. SK also plans long-term cooperation with Nvidia on AI memory, and SK hynix will pursue supplying server memory to data centres with Microsoft.
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AI & Enterprise
Sam Altman backs South Korea\'s \'AI for all\' vision, says infrastructure role is key
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AI & Enterprise
South Korea forms $9,500 billion AI alliance with global big tech, seeks 5 GW AI data centres
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Games & Commerce
Naver to raise $10 billion from Nvidia, Brookfield to expand AI factory globally
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Industry
South Korea\'s President Lee, business leaders meet in San Francisco to reshape AI supply chain
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AI & Enterprise
Nvidia steps up cooperation with South Korea to expand AI ecosystem at San Francisco AI summit
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Finance
Single-stock leverage ETF margin raised to 30 million won from July 31
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Finance
Loan shutdown leaves homebuyers short of balance payment; Lee says transitional measures needed
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Finance
Lee orders financial watchdog to check loan loophole despite curbs on expensive home borrowing
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Crypto
South Korea government, ruling party step up push for digital asset framework law this year
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Finance
President Lee calls for supplementary steps on volatile leveraged single-stock ETFs
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Telecommunications & Media
Korea commission steps up response to false manipulated information, boosts platform accountability
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Finance
President Lee orders rapid fixes for single-stock leveraged ETFs
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Finance
Financial Services Commission to expand national growth fund to 200 trillion won, push KOSDAQ reform
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Industry
President Lee says future response fund to be backed by semiconductor tax windfall; 2027 spending to top 800 trillion won
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AI & Enterprise
Baek Kyung-hoon says now is physical AI golden time, pushes cross-ministry AIDC task force