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Choi Tae-won proposes \'Big Tent\' platform for Korea-Japan economic solidarity

SK Group Chairman Choi Tae-won called for Korea-Japan economic solidarity discussions to move beyond vision-setting to concrete execution plans, he said on Nov. 13 at a roadmap conference. He outlined a phased approach over 3, 5 and 10 years and said preparations are under way for a permanent \'Big Tent\' cooperation platform bringing together business, academia and research bodies. Participants also presented a three-stage roadmap for 2026 to 2045.

AI & Enterprise

Alice Huang linked to Huawei, ensnared in 10 trillion won Nvidia chip distribution network

Alice Huang, who faces allegations of being a Chinese spy, also held stakes in companies that benefited Huawei, even as she was reported to have had a private relationship with former Nvidia CEO Jensen Huang. CNBC cited findings by private intelligence firm Theasari, which analysed Chinese corporate filings and local reports. The firm said Huang’s business network spanned a Huawei-linked data centre and Nvidia chip distribution routes, involving at least $7.5 billion in Nvidia chip supply brokerage.

Industry

Differential industrial power tariffs may accelerate shift of semiconductor supply chain out of capital region

South Korea is moving to apply different industrial electricity tariffs by region to spread power demand concentrated in the capital area. As the Chungcheong region is set for tariff cuts, a semiconductor mega project has begun in Asan, raising expectations that power costs will become a new factor in industrial site selection. The government plans to reflect transmission costs and regional power self-sufficiency in tariffs and complete procedures this year.