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AI & Enterprise

South Korea to launch seven SEED projects to foster SMRs, quantum and space

South Korea will 추진 a “seven SEED projects” initiative to nurture future growth engines including small modular reactors, nuclear fusion, quantum and space and aviation, following its three mega projects in semiconductors, physical AI and AI data centres. The plan targets preemptive 확보 of advanced technologies over the next 10 to 20 years, with goals around 2030 to 2035. It groups projects into clean energy, next-generation frontier and advanced supply chains, and includes 10 trillion won for supply-chain R&D by 2030.

Industry

Daedong selected as operator for national agriculture AX platform with LG CNS consortium

Farm machinery maker Daedong said on Tuesday it was selected as the final operator for the Agriculture, Food and Rural Affairs Ministry-led project to build and run a national agriculture AX platform. The programme is designed to be run through a special purpose company jointly funded by government, local authorities and private firms, with ongoing operations supported by self-generated revenue. Daedong and partners plan to set up an SPC this year.

Games & Commerce

Kakao Games stake deal completed, top shareholder changes to Line Yahoo

Kakao Games\' largest shareholder has changed from Kakao to a special purpose company backed by Japan\'s Line Yahoo, after a share sale and a third-party allocated capital increase were completed. The deal also completed the payment of 300 billion won in new funds. The new top shareholder is LAAA Investment, which holds 33.43 percent. Line Yahoo and related parties hold 38.95 percent in total, while Kakao\'s stake fell to 14.68 percent.