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Articles by Yang Se-ho
Maeil Business Newspaper Korea's No. 1 Economic Media
Maximize AI infrastructure efficiency Proves real-life AI commercial feasibility "We will create a Korean AI infrastructure." A.X K1 Demo Video Screenshot. [Revelion] Revelion itself In a server infrastructure equipped with neural network processing units (NPUs) SK Telecom's ultra-large artificial intelligence (AI) model 'A.X K1' has been successfully driven to prove its commercialization potential.
Maeil Business Newspaper Korea's No. 1 Economic Media
The Small and Medium Venture Business Corporation announced on the 21st that it has established and declared an artificial intelligence (AI) ethics charter and obtained a "AI ethics compliance agency" check mark. The AI ethics compliance agency confirmation mark is issued by the National Intelligence Service to institutions that meet certain requirements to induce ethical development and utilization of AI and strengthen public and private accountability.
Maeil Business Newspaper Korea's No. 1 Economic Media
At the 6th Distribution Win-Win Competition held on the 21st, officials such as Heo Young-jae, vice chairman of the Korea Chain Store Association, Lee Byung-kwon, second vice minister of SMEs and Startups, Kim Ki-moon, chairman of the Korea Federation of Small and Medium Business, Nam Dong-il, vice chairman of the Fair Trade Commission, Lee Eun-jung, CEO of McNulty Korea, Jung Ji-young, chairman of the Korea Department Store Association (CEO of Hyundai Department Store), and Cho Sung-hyun,...
Maeil Business Newspaper Korea's No. 1 Economic Media
The production of a super-large single crystal silicon ingot. CMTX CMTX (CMTX, co-representative Park Sung-hoon and Park Jong-hwa) M Campus in the 5th Industrial Complex in Gumi City, Gyeongsangbuk-do. Here, which I visited on the 14th, I could see the vertical integration of the entire silicon part production process.
Maeil Business Newspaper Korea's No. 1 Economic Media
Hanil Cement announced on the 14th that its "ultra-maintained concrete" technology, jointly developed by Hanil Cement and Hanil Industries, has obtained technical performance certification in the construction and construction materials field from the Korea Architectural Engineering Association.
Maeil Business Newspaper Korea's No. 1 Economic Media
Following last week's 62% rise in stock price 13th morning market capitalization exceeded 50 billion "Reward with good products and quality" As individual investors continued to invest in Monami, a domestic stationery company that was on the verge of being delisted, CEO Monami posted a handwritten thank-you note on his website. With its investment in Monami, Monami's market capitalization exceeded the criteria for maintaining its listing.
Maeil Business Newspaper Korea's No. 1 Economic Media
Eugene Group Announces Vision for Media Business Kang Hee-seok, CEO of Eugene ENT, speaks at a press conference to announce the vision of the media business held at the headquarters in Yeouido, Seoul, on the 9th. [Yujin Group] Eugene Group fosters its media business as a core business of the group. Eugene Group announced that it will invest more than 2 trillion won in the media business sector within 10 years and increase sales of the media business to 500 billion won by 2030.
Maeil Business Newspaper Korea's No. 1 Economic Media
"Automates complex semiconductor design and manufacturing processes with artificial intelligence (AI)." Alsemi is attracting attention as a deep technology company that develops software that predicts and analyzes semiconductor design and manufacturing processes using AI. Cho Hyun-bo, CEO of Alsemi, founded Alsemi through an in-house venture development program from SK Hynix.
Maeil Business Newspaper Korea's No. 1 Economic Media
Cho Young-nam Exhibition will be held on the 4th floor of the Alpha headquarters in Namdaemun until the end of August Writer Cho Young-nam [Alpha Group] Alpha Gallery, run by Alpha Group, announced on the 5th that it will hold the first special exhibition of artist Cho Young-nam at the Alpha headquarters in Namdaemun, Seoul, until August 29. Alpha Group will also hold a "Meeting with the Writer" time for visitors at 4 p.m. on the 8th. The title of this exhibition is 'Life, and'.
Maeil Business Newspaper Korea's No. 1 Economic Media
Interview with Delta X CEO Kim Soo-hoon Have selective immersion technology to prevent battery fire risks Kim Soo Hoon, Delta X's favorite. [Reporter Yang] "Delta X supplies energy storage (ESS) to the artificial intelligence (AI) data center that SoftBank builds. It is meaningful in that it uses Korean technology for everything from development to design and manufacturing." Delta X CEO Kim Soo-hoon, whom we recently met, said this.
Maeil Business Newspaper Korea's No. 1 Economic Media
Aurora World Chairman Noh Hee-yeol is holding a Pampals avocado character doll at Aurora World headquarters in Gangnam-gu, Seoul. Reporter Kim Ho-young Small stuffed dolls that are common in the U.S. these days. The brand was named "Palm Palms" with a meaning that fits perfectly in one hand. The Pampals doll, which captures animals, fruits, vegetables, and everyday objects as cute characters, is so popular that it has become a "collecting doll" for the younger generation in the United States.
Maeil Business Newspaper Korea's No. 1 Economic Media
Minimum wage press conference for small and medium-sized businesses Freeze and cut 62.6% of SMEs and small business owners "Freeze the minimum wage in consideration of their ability to pay" Lee Jae-kwang, chairman of the Labor and Human Resources Committee, speaks at the "2027 Press Conference on the Minimum Wage for Small and Medium Businesses" held at the Korea Federation of Small and Medium Businesses in Yeouido, Seoul, on the 24th.
Maeil Business Newspaper Korea's No. 1 Economic Media
Officials who participated in the sit-down meeting, including Professor Rafi Amit (fifth left) and Wise Partners CEO Park Young-sook, are taking commemorative photos.
Maeil Business Newspaper Korea's No. 1 Economic Media
Planning platforms for entry into the Middle East and Europe, etc. by attracting Korean companies and linking investors Officials from Akbar Partners and Abdullah Group are discussing joint venture contracts in Abu Dhabi, United Arab Emirates, on the 16th. [Akbar Partners] Akbar Partners, a domestic project management company, announced on the 23rd that it signed a joint venture (JV) contract with Abdullah Group of the United Arab Emirates (UAE) on the 16th.
Maeil Business Newspaper Korea's No. 1 Economic Media
Survey on Birth and Childcare Awareness Among SMEs and Small Business Owners Financial support, expanded care services needed "Policies tailored to SMEs and small business owners should be considered" At the SME Policy Roundtable on Responding to Demographic Change, held on the 22nd at the Korea Federation of SMEs in Yeouido, Seoul, officials pose for a commemorative photo, including Kim Jin-o, vice chair of the Presidential Committee on Ageing Society and Population Policy, sixth from the...
Maeil Business Newspaper Korea's No. 1 Economic Media
Kim Ki-moon (left) and Hyun Shin-kyun, CEO of LG CNS, signed an agreement ceremony at the Korea Federation of Small and Medium Business in Yeouido, Seoul on the 17th.
Maeil Business Newspaper Korea's No. 1 Economic Media
"We will innovate by incorporating cutting-edge technology into the underdeveloped wholesale market." Founded in August 2020, Namdo Market is a business-to-business (B2B) distribution platform that connects wholesalers and retailers. Namdo Market is not just a display-type open market platform, but an artificial intelligence (AI)-based distribution platform.
Maeil Business Newspaper Korea's No. 1 Economic Media
Joint press conference of venture industry Request for supplementation of capital market reform Concerns over diminishing trust and falling effects On the 15th, three organizations, including the Venture Business Association, the Korea Venture Capital Association, and the Korea Startup Forum, are holding a joint policy proposal press conference in Yeouido.
Maeil Business Newspaper Korea's No. 1 Economic Media
Officials from three cooperative organizations, including Kim Hak-kyun, president of the Korea Venture Capital Association, Song Byung-joon, president of the Korea Venture Business Association, and Kim Jae-won, chairman of the Korea Startup Forum, are holding a joint policy proposal press conference at the Kensington Hotel in Yeouido, Seoul, on the 15th.
Maeil Business Newspaper Korea's No. 1 Economic Media
Meeting with Chairman Song Byung-joon of the Venture Business Association Deep Tech, KOSPI, metropolitan area Review of the criteria for exiting KOSDAQ Song Byung-joon, Chairman of the Venture Business Association Song Byung-joon, president of the Venture Business Association, speaks at a press conference held at the Kensington Hotel in Yeouido, Seoul, on the morning of the 10th.
Maeil Business Newspaper Korea's No. 1 Economic Media
a large vessel of alcaus trading. Alkaus Trading "Opportunities sometimes come in the form of crises. You always have to be prepared sincerely so that you can take the opportunity." Chairman Kim Jeom-bae of Alkaus Trading is a representative Korean restaurant in Oman, which runs a seafood brokerage trading business and a deep-sea fishing company.
Maeil Business Newspaper Korea's No. 1 Economic Media
A view of the Samdasoo Public Relations Center in Jeju. Jeju Special Self-Governing Province Development Corporation The Jeju Special Self-Governing Province Development Corporation was established in 1995 with the aim of promoting the sustainable development of Jeju Special Self-Governing Province and the welfare of residents.
Maeil Business Newspaper Korea's No. 1 Economic Media
The 'Mungu Art Museum' where you can see the development process of phrases by period. Alpha Group Alpha Group, Korea's largest stationery franchise with more than 50 years of history, is evolving into a complex cultural platform that provides experience and culture beyond companies that sell stationery to customers. At the center is Alpha headquarters located in Namdaemun, Seoul.
Maeil Business Newspaper Korea's No. 1 Economic Media
The main gate of the Anseong Campus in Gyeonggi Province, Hankyung National University. Hankyung National University Hankyung National University is attempting to transform its AI campus by proclaiming the 'Artificial Intelligence (AI) Innovation University Model' with the inauguration of the 9th President Kim Chan-ki this year.
Maeil Business Newspaper Korea's No. 1 Economic Media
"NEOTIS will move beyond mere parts manufacturing to a smart-driven solution company that combines precision processing technology with control and software." Neotis is a company specializing in ultra-precision processing that makes 'microbeats' established in 2000. Microbit is an ultra-precise cutting tool with a diameter of 0.05 to 0.1 mm that is mounted on a printed circuit board (PCB) machine.
Maeil Business Newspaper Korea's No. 1 Economic Media
Formation of a new market by combining 'dot' and technology' Online platform can be accessed without burden Payments such as dot and jupping will also increase by reducing the burden of direct visits such as philosophy halls Lutton Technologies will also launch a service Future anxiety reflection' perspective of the youth generation a fortune-telling image.
Maeil Business Newspaper Korea's No. 1 Economic Media
HNS Hi-tech announced on the 26th that it has introduced its own semiconductor packaging material at an international exhibition. HNS Hi-tech unveiled electrode matching conductive film (PMF) technology and products at the "2026 World Display Fair" held at the LA Convention Center in the U.S. for three days from the 5th to the 7th.
Maeil Business Newspaper Korea's No. 1 Economic Media
Samsung Electronics Preliminary Agreement on Performance Benefits Small and Medium Business Employees "feel Self-Devastating" Manager "Hard to manage employees" Toro Venturein is concerned about the burden on the tech industry After the Samsung Electronics wage negotiations held at the Gyeonggi Employment and Labor Office in Jangan-gu, Suwon-si, Gyeonggi-do on the 20th, Yeo Myung-gu, head of Samsung Electronics DS (Device Solution and Semiconductor Business), and Seungho Choi, chairman of...
Maeil Business Newspaper Korea's No. 1 Economic Media
Kim Ki-moon, chairman of the Korea Federation of Small and Medium Business, Prime Minister Kim Min-seok, and Minister of SMEs and Startups Seong Sook Han (from left) are taking commemorative photos at the Korea Federation of Small and Medium Business held in Yeouido, Seoul on the 19th.
525 professors and researchers from Seoul National University participate"Yoon, step down and indepe..
525 professors and researchers from Seoul National University participate "Yoon, step down and independent counsel for Mrs. Kim". 525 professors and researchers from Seoul National University, President Yoon Suk Yeol's alma mater, issued a declaration calling for President Yoon's resignation and the independent counsel for Kim Gun-hee.
A court ruled that it was a violation of the contract that a former executive of Outback Steakhouse,..
A court ruled that it was a violation of the contract that a former executive of Outback Steakhouse, a famous restaurant company, got a job as a representative of a competitor nine months after leaving the company.
HF’s long-term mortgage loan demand falls due to lower bank rates
The long-term policy mortgage loan provided by the Korea Housing Finance Corp. (HF) is losing ground, with the application amount dropping to one-twelfth of 2023’s figure in the first six months of this year.
S. Korea’s top 5 financial groups achieve record half-year profit
South Korea’s five major financial groups have reported a record half-year net profit exceeding 11 trillion won ($7.96 billion), driven by unprecedented interest income surpassing 25 trillion won primarily from banks. Additionally, non-interest income has increased and the profitability of non-banking sectors has improved, contributing to these strong results.
Savings banks see delinquency rates drop after 10 quarters
The delinquency rates for Korean savings banks decreased for the first time in two and a half years, following active efforts to clear bad debts under pressure from financial authorities. According to financial industry and regulatory sources on Sunday, the delinquency rate for savings banks was 8.3 percent at the end of June 2024, down 0.5 percentage points from 8.8 percent at the end of March.
Financial regulators consider easing some M&A restrictions
South Korean financial regulators are contemplating whether to ease restrictions on mergers and acquisitions (M&As) for savings banks in Seoul and the surrounding areas, a move aimed at supporting the banks’ restructuring efforts. Under the financial rules, savings banks in the capital region can only be sold after financial authorities find them insolvent.
Savings banks face significant first-quarter losses
South Korea‘s savings banks, one of country’s thrift institutions, have suffered an overwhelming net loss of 150 billion won ($194 million) or more in the first quarter of 2024, with a record-breaking delinquency rate that is at a 33-month high. The decline has been attributed to higher borrowing costs, a sluggish economy, and substantial provisions in the wake of the failure of real estate project financing (PF), all of which led to credit rating downgrades for smaller savings banks.
Investors likely to recover ELS losses as HSCEI surges
The recent surge in Hong Kong's Hang Seng China Enterprises Index (HSCEI), which has surpassed the 6000 mark since April 2024 after plummeting below the 5000 mark earlier in the year, suggests that losses related to equity-linked securities (ELS) tied to the index could be significantly reduced.
DGB rebrands as Korea's first commercial bank in 32 years
South Korea has opened its first commercial bank in 32 years. DGB Daegu Bank, originally established in 1967 as the first regional bank, received approval from financial authorities to take its first step as a commercial bank after 57 years. The last commercial bank established in Korea before DGB Daegu Bank was the former Peace Bank of Korea, which was established in 1992. The Financial Services Commission approved Daegu Bank's conversion to a commercial bank at its regular meeting on Thursday.
DGB rebrands as Korea’s first commercial bank in 32 years
South Korea has opened its first commercial bank in 32 years. DGB Daegu Bank, originally established in 1967 as the first regional bank, received approval from financial authorities to take its first step as a commercial bank after 57 years. The last commercial bank established in Korea before DGB Daegu Bank was the former Peace Bank of Korea, which was established in 1992. The Financial Services Commission approved Daegu Bank‘s conversion to a commercial bank at its regular meeting on Thursday.
Kakao Pay, Naver Pay expand overseas payment services
South Korean online payment platforms are stepping up their efforts to promote payment services and grow customer bases beyond the borders. Sources familiar with the matter said on Monday that Kakao Pay Corp is offering promotional events in China and Hong Kong, while Naver Pay is hosting similar events in China, Thailand, Japan, and France.
New FSC organization to enhance MFI supervision
South Korea's Financial Services Commission (FSC) on Sunday unveiled a new organization within the financial authorities to enhance its supervision of mutual financial institutions (MFIs) such as MG Community Credit Cooperatives, the National Credit Union Federation of Korea (Shinhyup), and the National Agricultural Cooperative Federation (Nonghyup).
Saemaul Geumgo to face first on-site probe
Trouble continues to brew for South Korean community-based financial institution Saemaul Geumgo. Following a bank run in 2023 that led to a staggering 94.5 percent drop in net profit, recent concerns over real estate project financing (PF) defaults have led to a rise in delinquency rates that signal further challenges to its financial health. In response to these concerns, financial authorities initiated on-site inspections for the first time.
Toss platform popular with currency exchange service
Toss, a banking platform operated by South Korea's Viva Republica Inc., is seeing a huge demand in its currency exchange service, with the amount exchanged in Japanese yen recording 2.3 times higher than that at the five major commercial banks in the last three weeks. The platform began offering lifetime free currency exchange services in January.
Toss platform popular with currency exchange service
Toss, a banking platform operated by South Korea’s Viva Republica Inc., is seeing a huge demand in its currency exchange service, with the amount exchanged in Japanese yen recording 2.3 times higher than that at the five major commercial banks in the last three weeks. The platform began offering lifetime free currency exchange services in January.
Nonghyup Bank to enhance its global networks
Nonghyup Bank Co. plans to step up its expansion in global regions, including the United Kingdom and Singapore, as part of a shift toward new driving engines of growth. The Seoul-based bank has set an earnings goal of 100 billion won ($75.3 million) from its global business by 2030. According to a statement released by Nonghyup Bank on Wednesday, its Chief Executive Lee Seok-young held a virtual meeting with executives from the bank's global offices the day before.
Banks challenge ELS investor compensation proposal
A recommendation from South Korean financial regulators on voluntary compensation for affected investors following a steep fall in the value of equity-linked securities (ELS) tied to the Hang Seng China Enterprises Index faced backlash from ELS vendors, giving them full autonomy to determine levels of compensation as they need to be held accountable for mis-selling practices. The sellers are calling for a specific guideline on compensation instead.
Banks challenge ELS investor compensation proposal
A recommendation from South Korean financial regulators on voluntary compensation for affected investors following a steep fall in the value of equity-linked securities (ELS) tied to the Hang Seng China Enterprises Index faced backlash from ELS vendors, giving them full autonomy to determine levels of compensation as they need to be held accountable for mis-selling practices. The sellers are calling for a specific guideline on compensation instead.
Fintechs, Hyundai to launch joint online bank
A South Korean joint consortium of fintech startups, including Lunit Inc., and major non-life insurer Hyundai Marine & Fire Insurance Co. plans to launch what would be the fourth online bank available in the country after KakaoBank Corp., Toss Bank and K bank. The consortium, called U-Bank, announced Monday that it recently began preparations for preliminary approval.
KB, Shinhan suspend high-risk ELS sales
KB Kookmin Bank and Shinhan Bank, both major commercial lenders in South Korea, announced the suspension of equity-linked securities (ELS) sales following a similar decision made by Nonghyup Bank Co. and Hana Bank. The move comes amid regulatory pressure from the country's financial regulators, which warned of the risks associated with the financial product.
HSCEI-linked ELS products see losses topping $30 mn
Equity-linked securities (ELS) tied to Hong Kong's Hang Seng China Enterprises Index (HSCEI) and sold by Korean banks have caused damages exceeding 40 billion won ($30 million). According to financial industry sources, the combined losses of HSCEI-tied ELS products at four major banks with the largest sale of the ELS products in question-KB Kookmin Bank, Shinhan Bank, Hana Bank, and NH Nonghyup Bank-were confirmed to be 40.3 billion as of Wednesday and are expected to continue to grow.
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