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Industry
Isu Group marks 30th anniversary with AI, battery and bio push
Isu Group is accelerating expansion into future businesses on the back of improved performance at key affiliates, it said. The company held a 2026 integrated IR day on Aug. 18 to share first-half results and mid- to long-term growth strategies. Affiliates presented plans centered on AI high-performance hardware, battery materials and bio-healthcare. A group official said it aims for 6 trillion won in revenue and 600 billion won in operating profit by 2030.
AI & Enterprise
LG AI Research industrial-focused AI strategy gains traction, stands out on global benchmarks
LG AI Research said its in-house models EXAONE Tabular and EXAONE Forecast achieved best-in-class performance on global leaderboards. EXAONE Tabular ranked first overall for categorical data prediction on TabArena, scoring 1,760 ELO points, ahead of Google’s TabFM. EXAONE Forecast ranked first in the zero-shot category and second in agentic AI on Salesforce’s GIFT-Eval. The institute plans PoCs in manufacturing, bio-healthcare and finance.
AI & Enterprise
Lab spinoffs\' high-growth rate 9 times higher than regular firms
South Korea\'s Ministry of Science and ICT said on Wednesday that the share of high-growth companies among firms founded on research results from universities and government-funded institutes was 9.3 times that of ordinary operating companies. In a survey of 3,850 surviving lab spinoffs less than 10 years old, 19.5 percent of firms with at least 10 regular workers were high-growth. Average employment rose to 9.6 in 2024 and average revenue to 900 million won.