Yoon Sung-ho of MakinaRax: 'AI Accuracy of 80% Is Not Enough for the Field'
Yoon Sung-ho, CEO of MakinaRax, unveiled a roadmap for achieving fully autonomous factories within three years, targeting the 'long tail' problem in industrial settings that frontier AI models struggle to address. He emphasized that the key to competitiveness in the era of physical AI lies not in the number of AI systems adopted, but in a company's ability to own and control its data, models, and execution processes, which he termed 'corporate AI sovereignty.'Speaking at the 'Attention 2026' ind
Lee Seok-yeon Resigns as Chair of National Integration Commission
이석연 대통령 직속 국민통합위원장이 오는 9일 위원장직에서 물러난다. 지난해 9월 이재명 정부 초대 국민통합위원장으로 임명된 지 1년 만이다. 이 위원장은 3일 자신의 페이스북에 올린 ‘국민 여러분께 드리는 말씀’을 통해 “저는 2026년 9월 9일자로 대통령 직속 국민통합위원장직에서 물러난다”고 밝혔다. 이 위원장은 이명박 정부에서 법제처장을 지낸 보수 성향 법조인이지만 지난 대선에서 이재명 후보 선거대책위원회 국민대통합위원장 겸 공동선대위원장을 맡았다. 이 대통령 당선 이후에는 독일
Tax Agency Investigates Forestry Firms for Alleged Fraud in Wildfire Recovery Contracts
The National Tax Service (NTS) has launched a tax investigation into forestry companies accused of using ghost firms to secure contracts for wildfire recovery work while underreporting income. The contracts awarded to these companies amount to approximately 23 billion won, with the total amount of tax evasion suspected to reach around 70 billion won.On September 3, the NTS announced it would investigate ten forestry companies identified for engaging in fraudulent activities, including false tax
POSCO Partners with BHP to Accelerate Hydrogen Reduction Steelmaking
POSCO is strengthening its collaboration with global raw material suppliers to transition to a decarbonized production system.On September 3, POSCO signed a Hydrogen Reduction Steelmaking Collaboration Agreement (HyREX Collaboration Agreement) with Australian mining company BHP at its Cheongsong facility in Pohang. The two companies will work together to validate the commercial technology of POSCO's HyREX hydrogen reduction steelmaking process.BHP has been a supplier of iron ore, coking coal, an
Conflict Escalates Over Golf Driving Range in Hwacheon County
Residents in the 8th district of Sanchang, Hwacheon County, are increasingly opposing the construction of a golf driving range that has progressed to the construction phase under the 8th elected administration. While residents are not against the establishment of a golf driving range itself, they are demanding a relocation from the current site. However, Hwacheon County plans to continue the project, considering the already completed procedures and seeking to persuade residents. Recently, reside
Foot-and-Mouth Disease Detected at Two Cattle Farms in Yecheon, South Korea
Foot-and-mouth disease has been detected at two cattle farms in Yecheon County, North Gyeongsang Province. The government has issued a 24-hour movement ban for livestock-related personnel and vehicles in Yecheon and six neighboring counties, implementing emergency vaccinations and disinfection measures.The Central Disaster Management Headquarters reported on September 3 that 32 cattle tested positive for the foot-and-mouth disease virus during inspections at the two farms, which had previously b
Woori Financial Launches AI Startup Incubator Program
Woori Financial Group is launching a program to connect the demand for artificial intelligence (AI) in the financial sector with startup technologies, aiming to expand productive finance in the AI field.On September 3, Woori Financial announced the opening of the 'DINNOlab Tech 1st Class' at its tech center in Gwanak-gu, Seoul. DINNOlab is a startup incubation program designed to discover promising startups and provide them with business collaboration opportunities with Woori Financial's subsidi
South Korea to Split LH Corporation into Two Entities After 17 Years
The South Korean government is moving to separate the Korea Land and Housing Corporation (LH) into two distinct entities. The plan aims to enhance the speed of housing supply by dividing responsibilities between land development and housing construction, and housing welfare and asset management.According to the 'Public Institution Function Reform Plan' announced by the government on September 3, LH will be split into the 'Housing and Urban Development Corporation,' which will handle land develop
Labor Department Launches Investigation into Daewon Industry Fire that Killed Three Workers
The labor authorities have initiated a forced investigation into the fire and explosion at Daewon Industry's factory in Cheonan, South Chungcheong Province, which resulted in the deaths of three workers.On September 3, the Cheonan branch of the Daejeon Regional Employment and Labor Office announced that it is conducting a joint search with the Chungcheongnam-do Police Agency at Daewon Industry's headquarters in Cheonan and its office in Seoul.About 40 personnel, including labor inspectors and po
Government Sets Guidelines on N% Performance Bonuses in Labor Disputes
The South Korean government has established criteria indicating that demands for performance bonuses based on a certain percentage of corporate profits, referred to as 'N% performance bonuses,' are unlikely to be considered a subject of labor disputes. The guidelines also clarify that management decisions regarding the introduction of artificial intelligence (AI), the establishment or relocation of factories, and business sales are not mandatory negotiation topics. However, if specific changes