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South Korea's Economic Surge Fueled by Chip Industry Amidst AI Innovations and Security Challenges

AI News

South Korea's Economic Surge Fueled by Chip Industry Amidst AI Innovations and Security Challenges

South Korea's economy grows 1.0% in 3rd quarter on chip boom

Nikkei Asia

South Korea's economy grows 1.0% in 3rd quarter on chip boom

SEOUL -- South Korea's economy grew 1.0% in the July-September period from the previous quarter as the artificial intelligence-led boom in tech products continued to lift output.

South Korea’s AI Fund Offers ‘Fiscal Dam’ Against Higher Yields

Bloomberg

South Korea’s AI Fund Offers ‘Fiscal Dam’ Against Higher Yields

As nations across the globe grapple with a surge in borrowing costs, almost none enjoy the option now being eyed in South Korea: deploying a major new source of cash to simply cut back on selling...

South Korea Arrests Seven in First Big AI-Assisted Hacking Case

Decrypt

South Korea Arrests Seven in First Big AI-Assisted Hacking Case

Police in Seoul say a 32-year-old with no IT background used AI tools to break into about 90 hospitals, schools and companies, then pressed victims for roughly $270,000 combined.

South Korea urged to guard chip profitability as China’s CXMT and YMTC gain market share

South China Morning Post

South Korea urged to guard chip profitability as China’s CXMT and YMTC gain market share

China’s expanding semiconductor industry is fuelling anxiety in South Korea, where a new report from PwC has warned local chipmakers to defend profitability as Chinese rivals scale up production...

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