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Telecommunications & Media

AWS breaks ground on new subsea cable linking U.S. and Japan, to launch in 2029

Amazon Web Services has unveiled Sta\'O\'Nuk, a new Pacific subsea cable linking Japan and the United States, targeting operations in 2029. The 20-pair fibre-optic system will provide 420 Tbps of bandwidth. AWS is focusing on diversifying landing points to reduce exposure to natural disasters, ship-related damage, fishing interference and geopolitical tensions. It also outlined multilayer security and risk-reduction measures for construction and physical access.

Games & Commerce

Coupang dispute raises risk of U.S. tariff pressure on South Korea

A dispute involving Coupang is raising the possibility that U.S. pressure on South Korea could expand to additional tariffs. CNBC reported that U.S. congressional officials and people around Coupang see potential responses by Congress or the White House if the row drags on. The issue centers on South Korea’s response after a personal data leak case. U.S. politicians have urged a formal probe and tariff review, while both sides dispute the leak’s scale and related actions.

Industry

Daedong Q2 operating profit 41.2 billion won, up 64 percent year on year

Daedong said on Aug. 10 it posted record second-quarter results. Second-quarter revenue rose 12.7 percent from a year earlier to 467.0 billion won, while operating profit climbed 64.3 percent to 41.2 billion won. The operating margin was 8.8 percent. First-half revenue totalled 844.8 billion won and operating profit was 47.2 billion won. The company cited stronger product competitiveness and distribution channels.