AGP Executive Report
Last update: 12 hours agoAI Infrastructure Dealmaking: Nvidia CEO Jensen Huang met Samsung, SK Group, SK Telecom, Naver and Doosan in Seoul, with South Korea’s tech ministry planning a state AI project securing 9,704 GPUs (including 2,016 Vera Rubin units) and SK hynix signing a multi-year memory partnership to power global AI data centers; SKT, Naver and Doosan also plan gigawatt-scale AI cloud buildouts using Nvidia tech. Privacy & Regulation: South Korea’s Personal Information Protection Commission fined Coupang 624.7 billion won (about $409m) over a breach affecting 33+ million users, plus illegal collection of online activity records—its biggest-ever corporate penalty and a fresh Seoul-Washington friction point. Health Tech & Consumer Safety: Hyundai and Kia unveiled a passenger-safe UVC sanitization system using Far-UVC light, reporting a 96.8% drop in airborne virus levels after 30 minutes. Startup/Policy Push: Korea’s SMEs ministry signed an MOU with Belgium to boost startup and SME exchanges, aiming for new European market access. Workforce Impact: Korea lost 40,000 jobs in May year-on-year, the first decline in 17 months, linked to Middle East-driven supply chain strain.
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