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AI & Enterprise

Douzone Bizon teams up with law firm Sejong on AI governance and compliance market

Douzone Bizon said on Thursday it signed a memorandum of understanding with law firm Sejong to cooperate in AI governance and compliance. The partners plan to jointly respond to demand for legal advice on AI governance, compliance, building security systems and managing legal risks as companies pursue AI transformation. Sejong will provide advice on AI-related laws and regulations, compliance and security frameworks, and risk assessment and control systems. Douzone Bizon will build governance and security systems and dashboards and support technical implementation linked to ERP and other business systems.

Industry

Samsung Electro-Mechanics, Nvidia to expand dedicated AI substrate fabs with joint investment

Samsung Electro-Mechanics will expand its AI semiconductor substrate plants through joint investment with Nvidia, it said on Oct. 21. The companies formed a strategic business partnership under which Samsung Electro-Mechanics will supply package substrates to Nvidia for multiple years from 2026. Production will be handled at its Sejong and Busan sites, where dedicated lines will be added. Items include substrates for Nvidia computing chipsets and package substrates for network switches.

Finance

Financial sector hacking spreads, delays gain support for digital asset tax postponement

A string of hacking incidents in South Korea’s financial sector has led to confirmed personal data leaks at savings banks and mutual finance groups, prompting authorities to step up inspections and security requirements. Banks are moving to raise cybersecurity spending and expand fraud prevention systems using AI. Market volatility and a steep stock selloff also drew a policy response. Political debate intensified over postponing digital asset taxation and regulating exchange shareholders.