SBS News

SK Chairman Chey Tae-won Calls for 'Full-Speed' AI Transformation: "Opportunities Won't Come Twice" SK Group announced on June 14 that Chairman Chey stated, "It is time to dive into AI transformation at full speed, in all directions," during the '2026 New Icheon Forum' , held from June 11 to 13 at the SKMS Research Institute in Icheon, Gyeonggi Province, under the theme of "Disruptive Innovation Brought by AI: A Great Transformation Toward AX-Centered Management." As the first step of AX, Chairman Chey said, "It is important to accurately define our work and determine what and how we will innovate through AI." He explained that it is necessary to establish a foundation where data is consistently accumulated, allowing for real-time identification and improvement of issues. SBS Jun 14, 2026 9:51 AM

Distrust in Procedures, Not Money, Fuels Conflicts Over Energy Transition Projects Like Transmission Grid Construction A study has found that "distrust in procedures," rather than money, is the key factor amplifying conflicts over projects necessary for the "energy transition," such as the construction of transmission grids. SBS Jun 14, 2026 9:48 AM

Even AI Requires Permission to Use: The Era of Access Rights Opened by 'Mythos' On top of this, as the U.S. administration has stepped in to completely block foreign nationals from accessing these models, the debate over access to cutting-edge AI is expanding beyond the corporate level into an issue of export controls between nations. SBS Jun 14, 2026 9:37 AM

FSC Targets Bad Debts of Public Institutions; Measures Due This Month This expands the scope of delinquent debt management, which had previously been focused on private financial companies, to the public sector. SBS Jun 14, 2026 9:34 AM

Bank Deposit Rates Climb Back to 3% Range as Banks Rush to Attract Corporate Funds As corporate standby funds swell due to robust semiconductor exports and concerns over deposit outflows grow amid a "money move" triggered by a stock market boom, banks are scrambling to retain funds by offering high-interest deposits. SBS Jun 14, 2026 9:33 AM

South Korean Retail Investors Shift to Net Buying of U.S. Stocks in June, Heavily Loading Up on 'SOXL' ETF South Korean retail investors, often referred to as "Seohak Ants," have been aggressively net buying a specific exchange-traded fund known as "SOXL" over the past five days. SBS Jun 14, 2026 9:31 AM

Foreign Investors Sell Off Samsung and SK Hynix, While Trading Single-Stock Leveraged ETFs Both Ways The photo shows the trading screen for a Samsung Electronics single-stock leveraged ETF on that day. SBS Jun 14, 2026 9:30 AM

S. Korea's OLED Gap with China Narrows; Delaying R&D Could Lead to Being Overtaken The report points out that just as South Korea's display industry once held an unrivaled position in the liquid crystal display market but ultimately lost its dominance to Chinese competitors backed by massive government support, South Korea must now make life-or-death efforts to defend its supremacy in the OLED market to avoid being overtaken. SBS Jun 14, 2026 9:29 AM