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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.

Industry

Lotte moves to secure talent for AI shift, hiring across 15 affiliates in three digits

Lotte said it will standardise hiring dates so applicants can prepare in advance, launching what it called \"predictable rolling recruitment\" from Sept. 1 with hiring windows in March, June, September and December. Fifteen affiliates including Lotte Department Store, Lotte Wellfood, Lotte Construction and Lotte Innovate will participate. The group plans to hire hundreds of new staff across more than 50 roles, including sales, marketing, R&D and AI.