Company
SK Telecom is South Korea's largest mobile network operator, also investing in AI services, data centers, and cloud infrastructure.
SK Telecom requires outside suppliers to submit a software bill of materials and now distributes BomLens on GitHub to help produce one. Its view of open-source risk in purchased software rests on how accurately vendors scan their own code.
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SK Telecom is in talks to sell its entire 7.3% Scatter Lab stake at about 240,000 won a share, more than 70% above cost, sedaily reported. On the 420 billion won valuation, that is about 40 times annualised operating profit.
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Korea's cyberinsurance market was worth $3 million in 2023, about a sixty-fifth of Japan's $196 million. AI-based attacks are now reaching banks such as KB Kookmin and Hana, yet most Korean companies still pay for breaches out of their own funds.
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Seoul Welfare Foundation data on 921,328 people living alone shows homeowners in their late 60s hold 3.6 times the assets of non-owners. Incomes in that bracket differ by only 8%, so older solo households in Seoul divide on what they own.
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South Korea's science ministry has earmarked 3.9 trillion won of a 4.7 trillion won AI budget for 10,000 Nvidia Vera Rubin GPUs, a dev.to analysis reports. Whether that buys a usable domestic model depends on who trains on the cluster and who pays for what it produces.
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Victims of breaches at seven Korean lenders, Shinhan Bank among them, are recruiting members for class-action damages suits. With suspects in earlier Korean data cases still uncaught, the lenders look like the only parties those suits can reach.
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South Korea will open a fresh contest for 4.7 trillion won ($3.49bn) of proposed frontier AI equity, ending automatic support for its two finalists. The money arrives as equity in a vehicle not yet designed, so the next round is also a fight over who owns it.
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South Korean consumer prices rose 2.9% in September, a pace 0.4 points faster than August once last year's telecom-discount base effect is removed. Core inflation is at about its highest this year, and the Bank of Korea sees October near 3%, against a 2% target.
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MoonPay is pursuing stablecoin, remittance and payments work with KB Financial, Woori Bank and KakaoBank after opening a Korean entity in September. Its one-vendor pitch faces three other global entrants and four Korean firms, most of them selling banks a single layer of the stack.
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Three consortia will run a free tier with no usage caps on state-supplied hardware, under a rule that Korean models carry at least half the load. The ministry has published neither the cost nor a target for uptake.
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The memorandum covers a language that did not register in the Hugging Face dataset statistics the World Bank compiled, and the only paying client named for LG's finance model so far is the London Stock Exchange Group.
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Korea's Dokpamo program gives the benchmarking firm's index 25 of the 100 points that decide which teams advance. In the results published on August 27, the team that led that component finished last of the four.
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Korea's FIU accepted BitGo Korea's registration on the 18th, the first foreign digital-asset firm to register directly through a domestic subsidiary instead of buying one.
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Seoul is buying distribution rather than compute. The government is handing operators a donated chip grant, has set an 80 percent domestic serving floor, and hasn't published what the programme will cost - all in a country where roughly 1.8 million people pay for any AI at all.
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At the 2026 Ulsan Forum, panelists called limited access to on-site data the biggest bottleneck in factory AI, and three of the six came from firms that sell the robots and models needing that data.
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Rebellions, FuriosaAI and Mobilint want Seoul to orchestrate domestic deployments they can quote to foreign buyers, which is a procurement request wearing industrial-policy clothes, arriving just as Korea made exporting the chips harder.
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Two Malaysian sites take Firmus past 900MW of contracted capacity, though five of its seven data centres are still unbuilt, which puts the scarce input in this trade on the grid side rather than the silicon side.
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SemiAnalysis counts roughly $350m of state money behind five competing Korean foundation-model consortiums, set against a $919bn infrastructure figure. The gap is where the investment case sits, and it points at hardware.
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The Ministry of Science and ICT has picked three consortium leads and set September betas, which hands the market a delivery calendar long before it hands anyone a number worth modelling.
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Talks over a partnership, investment or acquisition would give Nvidia an energy-efficient NPU line and the sovereign-AI customers already buying it, rather than leaving both to regional rivals.
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