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Industry

Saemangeum to become physical AI, robotics hub; Han PM says Hyundai Motor investment begins new direction

South Korean Prime Minister Han Sung-sook (한성숙) visited Saemangeum in North Jeolla province as her first trip to the region since taking office and discussed support for Hyundai Motor Group investment and measures to foster physical AI and robotics industries. She held a corporate meeting with tenant firms, experts, government ministries and provincial officials. The government plans to revise the Saemangeum master plan around a concrete 10-year development blueprint and set up a pan-government support system.

AI & Enterprise

MSIT selects lead universities to drive innovation in STEM education

South Korea\'s Ministry of Science and ICT and the Korea Foundation for the Advancement of Science and Creativity selected lead institutions for two university education innovation programmes to strengthen science and engineering students\' practical problem-solving and basic maths and science skills. Busan National University and Yonsei University will run an industry-linked engineering training project, supported by the Korea Institute for Advancement of Technology. POSTECH and Chonnam National University were chosen to reform basic curricula and lab training with up to 13.5 billion won in support.

Mobility

U.S. Senate panel moves to bar Chinese EV sales; Tesla shifts from EVs to robots

The U.S. Senate Commerce Committee plans a vote on a bipartisan bill that would effectively ban Chinese automakers from selling passenger EVs in the United States and further restrict entry into the small-car market. Tesla is removing the Model S and Model X assembly line at its Fremont plant and converting the space for humanoid robot Optimus production. Tesla will shift its supervised FSD option in South Korea from a lump-sum payment to a monthly subscription from Aug. 10.