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Telecommunications & Media

Korea parliament science, ICT committee completes second-half lineup with AI budget, misinformation on agenda

South Korea\'s National Assembly Science, ICT, Broadcasting and Communications Committee begins second-half activities after ruling and opposition parties completed member assignments. The panel is expected to focus on securing budgets and setting investment priorities for government AI projects, ensuring power supply for AI data centres and chip plants, and overhauling broadcasting and telecom rules. It is also set to debate regulation of false and manipulated information, follow-up work on the AI basic law and media fund financing.

Telecommunications & Media

Park Yoon-young of KT says no decision on merging media affiliates

KT CEO Park Yoon-young (박윤영) said there has been no decision on integrating the company’s media affiliates, despite considering various options as circumstances change. He also said KT has not received any official request regarding a merger between Tving and Wavve, adding that any future request would be reviewed in light of market conditions and company interests. Park also outlined a “physical AI” plan and commented on an ongoing tax probe.

Telecommunications & Media

Government, three mobile carriers join to expand AI network investment and strengthen livelihood support

South Korea\'s government and the country\'s three mobile carriers will work together to expand next-generation network investment for the AI era and strengthen measures to support people\'s livelihoods. Vice Prime Minister and Science Minister Bae Kyung-hoon met chiefs of SK Telecom, KT and LG Uplus in Seoul on Wednesday to discuss AI-based network upgrades and steps to stabilise living conditions. The ministry plans regulatory changes and a public-private consultative body from August.