Search results for Seoul metropolitan area
Industry
SK Chairman Choi Tae-won checks Ulsan sites three months after AX overhaul declaration
SK Group Chairman Choi Tae-won (최태원) is inspecting the group\'s AI transition progress by visiting SK AI Data Center Ulsan and SK Innovation\'s UlsanCLX on Sept. 10, SK Group said. The visit comes three months after Choi declared an \"AX-centered management overhaul\" at the New Icheon Forum in June. Executives from key affiliates are accompanying him as he reviews implementation of the group\'s \"AI full-stack provider\" strategy from infrastructure to manufacturing AX.
Industry
Semiconductor export boom swells Korea budget, setting up September parliamentary clash
South Korea’s government budget for 2027 is set to rise sharply as a semiconductor export boom lifts tax revenue, raising the stakes for a September parliamentary session over how to allocate funds. The plan boosts spending to 820.9 trillion won and lifts revenue to 880.8 trillion won, led by a jump in national tax receipts. Funding for semiconductor and AI initiatives rises, including a new semiconductor special account, while debates centre on tax credits, infrastructure support and an exception to the 52-hour workweek cap.
AI & Enterprise
AI Strategy Committee shifts to project-based work, steps up AIDC, defence AX, AI security and standardisation
South Korea\'s National AI Strategy Committee set a goal for its second year of positioning the country as an irreplaceable core player in the global AI supply chain and a trusted partner. It plans to pursue tasks including national strategic industrialisation of AI data centres, industry and defence AX, and AI security and standardisation, while shifting its operations from subcommittee-led work to project-based execution. It also aims to focus on implementation and performance management as the cross-government AI budget rises.
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Games & Commerce
Kakao holds AI ideathon with five national universities; 145 students take part
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Finance
Financial union opposes relocating financial institutions outside capital, seeks review of first-phase effects
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AI & Enterprise
Science ministry launches Innopolis L.E.A.D. to train professional managers in Daedeok Innopolis
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Finance
Policy finance unit subsidiaries to be consolidated; relocation of financial public institutions remains variable
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AI & Enterprise
KT Cloud, LS Electric expand cooperation on AI data centre infrastructure
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Telecommunications & Media
LG HelloVision\'s \'Ji Sang-ryeol\'s Agami\' to stage shows in Busan, Daegu from October
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Industry
Government to set up future response fund based on 162.3 trillion won in extra tax revenue, double megaproject budget
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AI & Enterprise
South Korea designates Seoul, Jeonnam-Gwangju and southeast region as quantum clusters
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Finance
MyData market expands as Korea faces impact of consecutive base rate hikes
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Industry
KB Financial Group to install free sudden-acceleration prevention devices in cars of elderly drivers
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General News
Financial union says delayed relocation plan not the end, presses for 4.5-day week and pay rise
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Finance
Bank of Korea raises policy rate to 3.00 percent by 25 basis points on inflation, housing price risks
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Finance
Woori Bank, Kibo to provide 1 trillion won for semiconductors, physical AI and AI data centres
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People & Appointments
Kakao AI Sail holds regional AI entrepreneur network camp in Busan
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Industry
Honam semiconductor, AI data center projects exempted from pre-feasibility review as three mega projects gain pace