SBS News

U.S. Commerce Secretary Urges Samsung, SK Hynix to Expand U.S. Production at Micron Event Secretary of Commerce Howard Lutnick U.S. Secretary of Commerce Howard Lutnick has urged Samsung Electronics and SK Hynix to expand their memory semiconductor production within the United States. SBS Jul 10, 2026 4:06 PM

Samsung SDI Secures 66% of First 'AI Power Grid ESS' Project; LG Energy Solution Selected as Operator According to industry sources on July 10, nine companies were selected as operators for the '2026 AI-Utilized ESS Construction Support Project' organized by the Ministry of Climate, Energy and Environment: VPP Lab, LG Energy Solution, KEPCO KDN, SK Eternix, HD Hyundai Electric, Gridwiz, Korea East-West Power, Korea East-West Power, and Hyundai E&C. SBS Jul 10, 2026 4:05 PM

997 Cases of Damage to SMEs Due to Middle East Conflict: Soaring Logistics Costs and Delayed Payments The prolonged conflict in the Middle East is increasing the operational burden on domestic small and medium-sized enterprises due to skyrocketing logistics costs and delays in collecting export payments. SBS Jul 10, 2026 4:04 PM

Land Minister Pledges Faster Supply of Quality Housing Through Expanded Modular Construction Minister Kim visited a modular housing manufacturing plant in Gunsan, North Jeolla Province, today to inspect the production site. SBS Jul 10, 2026 4:03 PM

Labor Union Launched at Shinsegae I&C for First Time in 30-Year History A labor union has been officially launched at Shinsegae I&C, an IT services company under Shinsegae Group. SBS Jul 10, 2026 4:02 PM

OK Financial Group Selected as Preferred Bidder for Yebyeol Insurance The Korea Deposit Insurance Corporation announced today that it has selected OK Next Co., Ltd. SBS Jul 10, 2026 2:53 PM

Joint Task Force Raids Alpha AI Over Alleged 20 Billion Won Stock Manipulation According to financial authorities, the joint task force began the search and seizure operation this morning at the Alpha AI headquarters in Pyeongtaek, Gyeonggi Province, as well as the residences of the company's current and former executives and its largest shareholder. SBS Jul 10, 2026 2:50 PM

Government to Support Return of 20 Overseas Korean AI and Tech Talent Teams The Ministry of Science and ICT and the National IT Industry Promotion Agency announced today, July 10, that they officially launched the "K-Tech Pioneers " program and held an orientation session in Myeong-dong, Seoul. SBS Jul 10, 2026 2:23 PM

"One Compromised Partner Is All It Takes": KISA Shares Supply Chain Security Model This was the first networking event for companies participating in the 2026 Supply Chain Security Model Construction Support Project. SBS Jul 10, 2026 2:20 PM

Why Are Food Prices in Korea So High? Uncovering the Hidden Causes Joining us for our Friday segment on friendly economics is reporter Han Jiyeon. Han, I understand that food prices in Korea are notoriously high. SBS Jul 10, 2026 2:11 PM