Korea Tech & Trade Watch: https://koreattw.substack.com/
Haeyoon Kim 김혜윤
"The US government, citing national security authorities, has issued an export control directive to suspend all access to Fable 5 and Mythos 5 by any foreign national, whether inside or outside the United States, including foreign national Anthropic employees."
"The EU wants to do business with countries with an 'open market,' that are promoting 'secure technologies' and that are 'committed to a rules-based digital world,' Virkkunen told POLITICO in an exclusive interview ahead of her Brazil visit."
"The European Union already has digital partnerships with Japan, South Korea, Singapore and Canada. It is accelerating its digital diplomacy by adding a new one with Brazil."
"Micron is working to add capacity in New York and Idaho, but most of that production won’t come online for years... Lutnick is pressuring the two memory providers based in S Korea — SK Hynix and Samsung — to build production in the US... only Micron produces memory wafers within US borders."
"Even if the [AI] boom continues, it will raise hard questions about how to equitably share newfound wealth. Mr Lee says that... using a portion of those excess profits to support consumers’ purchasing power through a basic income could be 'one of the very useful policy options.'"
"In an interview, Kim Young-hoon told Reuters that companies like Samsung Electronics that outperform profit targets should consider sharing excess gains with suppliers, subcontractors and their workers, after deducting taxes, given their contributions to corporate growth."
EU and South Korea Sign #DTA at Summit in Brussels: The agreement prohibits either party from requiring data localization, meaning Korean and EU companies can freely process user data from their home servers — unless a legitimate public policy objective, like cybersecurity, justifies an exception.
Hyundai Motor has become ground zero for the defining labor battle of the physical AI era. The Hyundai union has a demand no union has ever raised before: "Hire more workers, not robots."
For my KTTW, I cover what's at stake, why Korea is uniquely vulnerable, and why the world will be watching.
“Protesters... rallied for a second day, demanding a re-run of local elections... Around 10,000 citizens were estimated to have gathered... Fifty of 14,300 polling stations ran out of ballots and voting was temporarily suspended at 22 polling stations due to delays in receiving supplies...“
"In their letter, the trade groups urged the Trump administration to collaborate with #memory chipmakers and chip buyers to expand capacity in the US and allied jurisdictions. They also suggested using trade deal mechanisms or the Chips Act program to secure the supply chain..."
