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News
Chey Tae-won Warns AI Boom Could Fizzle Without Returns
45+ min ago (342+ words) ■AI PRISM [Global News] Chey Tae-won: AI Must Reach a Point Where It Earns Enough to Fund Its Own Investment Fed, BOJ Both Decide Rates This Week Confusion Over Funding for Trump's $5,000 Dividend ■ Super week for rates: The U.S....
Samsung Securities Signs Partnership With BNY on AI, Digital Assets
22+ hour, 20+ min ago (316+ words) Deal Builds on Custody and Securities Financing Expertise Cooperation Extends to AI and Digital Asset Businesses "Innovative and Differentiated Solutions" for Clients Samsung Securities (016360.KS) is expanding into new businesses including artificial intelligence and digital assets through a partnership with…...
LG Display Expands AI Program Letting Non-Coders Build Apps
23+ hour, 42+ min ago (432+ words) AI Experts Coach Staff to Build Practical Skills About 450 AX Projects Identified, Backed by In-House 'HI-D CODE' Rollout Widens Beyond Manufacturing to Procurement, Finance and Sales LG Display (034220.KS) said on the 13th that it is expanding "AX SQUAD," a program…...
Korea's Early-September Exports Hit Record $35 Billion on Chip Surge
3+ day, 1+ hour ago (373+ words) Korea Customs Service Data for Sept. 1-10 July Record Broken in Two Months; Daily Average $4.11 Billion Chips Account for 47.1% of Shipments; Auto Exports Up 10% Exports to U.S. Jump 137.5%; Trade Surplus at $10.4 Billion South Korea's exports in the first 10 days of September surged…...
Google to Invest 13 Billion Euros in Finnish AI Infrastructure
4+ day, 12+ hour ago (192+ words) New Data Centers Planned in Kajaani, Muhos and Vaala Hamina Site to Be Expanded, With Wind and Power Deals 16,000 Construction Workers to Ease Unemployment Strain Google will invest 13 billion euros (about 20.24 trillion won) in Finland to expand its artificial intelligence…...
Korea to Screen "Acqui-Hire" Deals as Corporate Mergers
4+ day, 6+ hour ago (509+ words) Systematic Poaching of Key Talent in AI and Other New Industries to Face Antitrust Review Microsoft and Google Struck Similar "People-Plus-Technology" Deals Ordinary Recruitment Remains Outside Merger Rules What if a large company takes only the key staff of a…...
Chip Boom Lifts Korean Corporate Sales 27% in Second Quarter
4+ day, 21+ hour ago (680+ words) Manufacturing Sales Growth Falls to 14% Excluding Chipmakers Operating Margin Hits Record 16.9% Large Firms' Sales Growth Jumps to 30.5% Sales at companies subject to external audits rose 26.7% from a year earlier in the second quarter, up 13.2 percentage points from 13.5% in the previous…...
Anthropic Locks In 14.8GW of Computing Power in One Year
6+ day, 54+ min ago (318+ words) ■AI PRISM [Financial Products News] Anthropic Races OpenAI to Secure AI Infrastructure Won Hits Yearly Low Against Dollar, Hitting Exporters Tax Credits for Facilities and R&D to Reach 27 Trillion Won ■ AI Infrastructure Race: Anthropic has secured a decade's worth…...
Presale Prices Jump Up to 40% After Three-Year Wait
1+ week, 9+ hour ago (332+ words) Seoul Economic Daily The "estimated presale prices" offered during advance applications for South Korea's third-generation new towns are becoming meaningless at the main application stage In Incheon Gyeyang, prices climbed as much as 40% in three years, while Namyangju Wangsuk 2 and…...
SK Ecoplant Opens Tech Contest for AI Data Centers, Construction
6+ day, 22+ hour ago (225+ words) Company Seeks 22 Core Technologies Spanning AI Data Centers and Construction AI 17 Institutions Join as Co-Hosts to Support Joint R&D and Investment Small and Mid-Sized Firms Can Apply Online Through Sept. 30 SK Ecoplant is launching an open innovation contest to…...