Korea's Financial Investment Association Discusses Shortening Settlement Cycle to T+1
Market participants in South Korea's securities market have emphasized the need for thorough preparation and verification before implementing a reduction in the settlement cycle from the current T+2 (two business days after the transaction) to T+1.On September 2, the Financial Investment Association held a 'Deep Discussion on Settlement Cycle Reduction' to address the necessity of shortening the settlement cycle, key issues, and the response tasks for market participants.During the discussion, c
Koglo.com Chairman Lee Geum-ryong: AI Native Generation Must Lead Growth Ladder
Lee Geum-ryong, chairman of Koglo.com, stated that "all companies will be restructured around AI" and emphasized that this change presents an opportunity for the AI native generation to lead the "growth ladder" rather than a crisis.Speaking at the 18th Good Growth, Good Jobs Forum (2026 GGGF) held at The Plaza Hotel in Jung-gu, Seoul, on September 2, Lee remarked, "It is the mission of the current privileged class to enable the AI native generation to become the main players in the growth ladder
A2Sys CRO Yuminsoo: K-AI Must Focus on Refinement and Optimization to Compete with US and China
To survive in the competitive landscape against the U.S. and China, the K-AI strategy must shift from focusing on computational power to refinement and optimization, overcoming limitations in power and memory, said Yuminsoo, Chief Research Officer of A2Sys and a professor at KAIST. Speaking at the 18th Good Growth, Good Jobs Forum (2026 GGGF) held on September 2 at The Plaza Hotel in Seoul, Yuminsoo emphasized the need for this transition. Yuminsoo, a former NVIDIA expert in computer systems an
Dennis Hong: Success of Physical AI Depends on Real-World Data
"While generative AI data is available on the internet, crucial data for physical AI is found in the field. By deploying robots in actual industrial settings to generate high-quality physical data, we can create a 'manufacturing-centric virtuous cycle ecosystem' that uniquely positions Korea in the physical AI landscape."Dennis Hong, a professor of mechanical and aerospace engineering at the University of California, Los Angeles (UCLA) and director of the Robotics and Mechanisms Laboratory (RoMe
Motif Technologies CEO Im Jeong-hwan Advocates for AI-Driven Manufacturing Success in Korea
Im Jeong-hwan, CEO of Motif Technologies, delivered a keynote speech on September 2 at the '2026 GGGF' hosted by Aju Economic Daily, discussing the theme 'Introducing K-AI Future Vision Amid US-China Competition.' He stated, "To avoid falling behind in the AI competition with the U.S. and China, Korea must shift the competitive landscape to areas where it has strengths." He emphasized that Korea's AI competitiveness lies in combining specific technologies and industries, urging a focus on high-d
Experts Discuss Strategies for South Korea to Become an AI Nation at 2026 GGGF
To truly transform into an AI nation, South Korea must ease regulations to allow new companies to emerge freely. The government needs to open initial markets for youth-led startups in sectors such as AI, robotics, defense, and healthcare.This was a key message from experts during the 18th Good Growth, Good Jobs Global Forum (2026 GGGF) held on September 2 at The Plaza Hotel in Seoul, organized by Aju Economy. The forum focused on strategies for South Korea to lead in the global AI competition in
Taiwan Plans $20 Billion Additional Investment in U.S. Amid AI Boom
Amid the surge in artificial intelligence (AI), Taiwanese companies are planning to invest an additional $20 billion in the United States.According to Reuters, Taiwan's Minister of Economic Affairs, Wang Mei-hua, announced this at the opening ceremony of the U.S. pavilion at the Semicon Taiwan 2026 semiconductor exhibition held in Taipei on September 2.The Ministry of Economic Affairs identified the investment plans of Taiwanese companies, excluding the world’s largest semiconductor foundry, TSM
Top Five Banks to Provide 74 Trillion Won in Support for SMEs Ahead of Chuseok
Major commercial banks are set to offer 74 trillion won in special financial support for small and medium-sized enterprises (SMEs) and small business owners ahead of the Chuseok holiday. According to the financial sector on September 2, the five major banks—KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup—will provide a total of 74.375 trillion won in special funds for Chuseok. This amount is 9.25 trillion won (1.3%) more than last year's support of 73.450 trillion won, marking the largest supp
Homeplus Receives Court Approval for Rehabilitation Plan, Paving Way for Management Normalization
Homeplus, currently undergoing corporate rehabilitation, has successfully passed its rehabilitation plan and received court approval, marking a significant milestone. Last month, the company secured 200 billion won in emergency operating funds, allowing it to resume operations at 67 key stores, and now it has established a foundation for management normalization. If repayments are made as planned, the rehabilitation process will conclude.The Seoul Bankruptcy Court's Rehabilitation Division held
Shin Jeong-kyu of LabUp: From Open Source Developer to AI Infrastructure Pioneer
Shin Jeong-kyu, the CEO of LabUp, is an expert in artificial intelligence (AI) infrastructure with a background in physics and computer engineering, as well as experience in open-source development. Since founding LabUp in 2015, he has been pioneering the AI infrastructure operations platform market.Shin dual majored in physics and computer engineering at Pohang University of Science and Technology (POSTECH). He later earned a Ph.D. by researching computational neuroscience, agent-based models,