Global
IT
[Reporter's Notebook] Regional Investment in Semiconductors: Industrial Logic Comes First
The construction site for the SK Hynix semiconductor cluster general industrial complex in Wonsam-myeon, Cheoin-gu, Yongin-si, where semiconductor fab construction is in full swing. (Photo by Reporter…
Energy
Get Cash Back for Reducing Electricity Use by Just 1%… Expansion of Residential Energy Cashback Program
Starting in July, consumers will be able to receive cash rebates if they reduce their electricity usage by just 1% compared to previous years. Additionally, those who reduce their usage by 20% or more…
Manufacturing
RP Bio Clears Hurdle with U.S. FDA On-Site Inspection of Mado Plant
#RPBio, a contract development and manufacturing organization (CDMO) specializing in health functional foods and pharmaceuticals, has successfully passed an on-site inspection by the U.S. Food and Dru…
Energy
K-Power Industry Seeks EU Export Opportunities Amid President Lee's Visit
Representatives from Daehan Cable and Belgian subsea power grid contractor Jandennol pose for a commemorative photo on the 10th (local time) in Brussels, Belgium, following the signing of a Memorandum…
Energy
'Zero' Power Outages Due to Wildfires This Spring… KEPCO: "Thorough Preparations for Summer Heavy Rains and Heat Waves"
A joint wildfire response drill between the Korea Electric Power Corporation (KEPCO) and fire authorities. (Photo courtesy of KEPCO)
This year passed without a single power outage caused by wildfi…
Trade
Mexico: "Car Tariffs Higher Than Korea's"... Raises Complaints to the U.S.
During negotiations to review the U.S.-Mexico trade agreement, Mexico brought a key grievance to the surface: that its automobile tariff rates are actually higher than those of South Korea and Japan.
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Management
GM Launches Full-Scale Energy Storage Business… Targeting Demand from AI Data Centers
General Motors (GM) is aggressively expanding its energy storage business to meet the surging power demand from artificial intelligence (AI) data centers. While making equity investments in startups d…
Stocks
Semiconductor ETF Plummets 10% from Record High… Bets on Further Declines Surge
Speculators betting on a decline (buying put options) are flocking to semiconductor exchange-traded funds (ETFs), which had been in the spotlight as beneficiaries of artificial intelligence (AI) infra…
Energy
Warns of Sudden Surge in Electricity Bills… KEPCO’s ‘AI Safety Alert’
Electricity bill. (Photo = Yonhap News)
#Korea Electric Power Corporation (KEPCO) announced that starting on the 10th, ahead of the summer season when air conditioner use increases, it will provid…
Trade
“Chips, Pears, and Guns Drive the Korean Economy… Without Semiconductors, Korea Lags Behind China”
The Financial Times (FT) has reported that the three pillars of the Korean economy—semiconductors, shipbuilding, and defense—are rapidly rising in tandem amid the competition for artificial intelligen…