AGP Executive Report
Last update: 3 hours agoAI and Chips: South Korea’s October exports hit a record $115.3 billion as AI demand drove a surge in chip shipments. The government plans to nearly double AI spending in 2027, while SK hynix expects a memory shortage to last through 2030. AI Infrastructure: LG CNS completed a 30-megawatt data center in Jakarta and is targeting expansion across Asia-Pacific. HD Hyundai Robotics says AI agents developed with Palantir cut robot problem-solving time by 63%. Energy and Trade: Turkey’s President Erdoğan named South Korea a potential partner for the planned Sinop nuclear plant, with cost and financing still key hurdles. Seoul and New Delhi also launched economic security talks spanning supply chains, AI, shipbuilding and energy. Cybersecurity: South Korean regulators summoned crypto exchanges to review safeguards after a $6.4 billion Binance hack attributed by the FBI to North Korea. Manufacturing: October factory growth slowed to an eight-month low, even as exports surged, highlighting the uneven impact of the chip boom.
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