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AI & Enterprise

Bae Kyung-hoon says quantum is next after AI, to play key role in future society

Bae Kyung-hoon (배경훈), deputy prime minister and science minister, said quantum technology could be the next national growth engine after AI and should be fostered through large-scale investment. Speaking at the opening of Quantum Korea 2026 in Seoul, he said current AI computing requires high costs and power and could face limits. He said advances and commercialisation in computing are essential for AGI to enter daily life and cited uses of quantum technology in sensing and encryption.

Finance

Kosdaq at 30: government and exchange to weed out troubled firms and grow innovators

Discussion is gathering pace on restructuring South Korea’s Kosdaq market as it marks its 30th anniversary. The government and Korea Exchange plan to restore trust by removing troubled firms, supporting listings of innovative companies and separating market segments. Authorities also aim to expand productive finance for innovative companies, including raising small public offering limits and forming a venture secondary fund worth at least 2 trillion won, while stepping up enforcement against unfair trading.

Politics

Song Gi-heon elected chair of science, ICT and broadcasting committee for second half

South Korea\'s National Assembly elected three-term Democratic Party lawmaker Song Gi-heon as chair of the Science, ICT, Broadcasting and Communications Committee for the second half of the 22nd parliament. Song said he would work hard to deliver results on science and technology and on broadcasting issues. The assembly voted on 11 standing committee chair appointments as 167 lawmakers from the governing bloc participated, while the People Power Party walked out in protest.