President Lee Jae Myung said Tuesday that Korea and France have a broad range of areas for bilateral cooperation, highlighting potential joint projects in artificial intelligence, mobility, energy, an…
South Korean President Lee Jae Myung announced a €500 million ($581 million) film industry investment commitment by the Republic of Korea at the Lumière Summit on Monday, matching France's pledge, and…
Samsung Electronics Co. announced Wednesday a partnership with French AI startup Mistral AI to enhance its semiconductor operations, integrating Mistral's services to develop customized AI models for …
South Korea's Ministry of Science and ICT has selected three consortia led by SK Telecom, KT, and Kakao to build and operate a free, unlimited generative AI service for all 52 million citizens, with b…
French President Emmanuel Macron said at the Lumière Summit that YouTube, which now outranks Netflix in over 20 international markets, should be required to help finance local content and support crea…
President Lee Jae Myung met Hyundai Motor Group Executive Chair Euisun Chung on Wednesday for closed-door talks likely focused on Hyundai's pledge to invest 9 trillion won ($6.6 billion) by 2029 to bu…
South Korea's Ministry of Employment and Labor issued new guidelines Thursday clarifying that union demands for a fixed share of corporate profits, as seen in bonus disputes at Samsung Electronics, ar…
South Korea proposed a record 821 trillion won ($597 billion) budget for 2027, a 12.8% increase, including 2.6 trillion won ($1.9 billion) for semiconductor funding to bolster its AI chip industry. Th…
South Korea's government proposed a 2027 budget of 820.9 trillion won ($562 billion), a record 12.8 percent increase from this year, including a 162.3 trillion-won Future Response Fund for strategic i…
South Korea's Education Ministry selected Chonnam National University, Chungnam National University, and Pusan National University on Tuesday to receive up to 100 billion won ($72 million) each over f…
Business leaders from South Korea and Japan proposed a $6 trillion combined economic bloc centered on AI, semiconductors, and critical minerals at the 15th joint meeting of the Korea Chamber of Commer…
South Korea and Japan held their fifth Economic Security Dialogue in Tokyo on Tuesday, agreeing to deepen cooperation on artificial intelligence, semiconductors, and supply chains, according to Cheong…
South Korea on Tuesday unveiled a record 821 trillion won (US$600 billion) budget for 2027, a 12.8 per cent increase from 2026, the largest year-on-year rise in the country's history, to strengthen it…
South Korea's Ministry of Planning and Budget announced a record 2027 budget of nearly 821 trillion won ($599 billion) that significantly increases investment in artificial intelligence and semiconduc…
South Korea will provide every citizen free, uncapped access to premium generative AI under a program called "AI for All," with three tech consortia delivering services and the government distributing…
Ha Jung-woo, standing vice chair of the Presidential Council on National Artificial Intelligence Strategy, pledged Monday to focus on execution in Korea's bid to become one of the world's top three AI…
South Korean President Lee Jae Myung reshuffled his Cabinet on Sunday, nominating new ministers for six portfolios and overhauling AI leadership, including naming former Google engineer Rep. Lee Hai-m…
South Korea's ruling Democratic Party of Korea (DPK) pledged Friday to coordinate closely with the government and presidential office on key policy tasks, including passing livelihood-related bills, t…
South Korean President Lee Jae Myung is arranging separate meetings with Hyundai Motor Group Executive Chair Chung Euisun and Samsung Electronics Chairman Lee Jae-yong this week to advance his three f…
South Korea's ruling Democratic Party and government agreed Tuesday to prioritize active fiscal policy and investment in future industries, including artificial intelligence, in the 2027 budget. DP fl…