logo
GS' Huh Tae-soo named founding chair of FKI's AI innovation committee

GS' Huh Tae-soo named founding chair of FKI's AI innovation committee

Korea Herald25-03-2025
GS Group announced Tuesday that its Chair Huh Tae-soo has been appointed as the founding chair of the Artificial Intelligence Innovation Committee under the Federation of Korean Industrie, one of the largest business groups here.
Since assuming the chair position of GS Group in 2020, Huh has been a strong advocate for AI-driven innovation and digital transformation, integrating AI into GS's business operations.
The FKI said his leadership in fostering AI adoption has positioned him as the ideal candidate to lead balanced industrial growth.
The committee, structured into five divisions -- policy-making, technology development and expansion, human capital and infrastructure, governance and future growth -- will focus on fostering AI innovation and industry-wide adoption in the digital era.
During Huh's opening remarks upon the committee launch, he emphasized the need for proactive AI policies and stronger industry collaboration, stating, "Korea's AI industry is still in its infancy, despite ongoing discussions on the Basic Act on AI and other legislative initiatives."
"To address this, we will not only spearhead AI policy discussions but also cultivate an AI-friendly business environment to enhance overall competitiveness."
spark@heraldcorp.com
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Innometry swings to profit in Q2
Innometry swings to profit in Q2

Korea Herald

time3 days ago

  • Korea Herald

Innometry swings to profit in Q2

Innometry, a Korean maker of X-ray inspection solutions, said Thursday its operating profit and net income returned to profitability in the second quarter, driven by new projects and cost-cutting measures. Operating profit reached 1 billion won ($723,000) and net income 600 million won, reversing losses from the first quarter. Revenue rose 22 percent from the previous quarter to 10.6 billion won. The company stated that while it remained in the red for the first half of the year, it has now fully recovered from a temporary stagnation in electric vehicle demand and the fallout from Swedish EV battery-maker Northvolt's bankruptcy, with the second quarter showing great improvement in performance. 'The cost-saving efforts we've pursued since last year, including management innovation and process optimization, have now yielded visible results,' said Hwang Jin-chul, executive vice president and head of the management support division at Innometry. 'We expect even stronger momentum in the second half, with increased orders from major domestic clients and new customers in China, as well as gains from new business initiatives.' Innometry develops non-destructive inspection equipment that uses X-ray CT technology to detect internal defects in secondary batteries without damaging the product. The company supplies inspection systems to mass production lines of Korea's top three battery-makers and other global cell manufacturers. 'The secondary battery industry is undergoing a restructure, but Innometry is strengthening its market position through strict quality, cost and delivery management,' said Lee Gap-soo, CEO of Innometry. He added that Innometry expects stronger results in the second half of the year, boosted by new Chinese orders and expansion into Through Glass Via substrates, smartphones and defense.

DIGITIMES ASIA: Asia's moment in the AI age: APAC rises as infrastructure powerhouse at OCP, Taiwan forges global tech ties
DIGITIMES ASIA: Asia's moment in the AI age: APAC rises as infrastructure powerhouse at OCP, Taiwan forges global tech ties

Korea Herald

time3 days ago

  • Korea Herald

DIGITIMES ASIA: Asia's moment in the AI age: APAC rises as infrastructure powerhouse at OCP, Taiwan forges global tech ties

TAIPEI, Aug. 13, 2025 /PRNewswire/ -- As AI infrastructure continues to reshape global supply chains, the Open Compute Project (OCP) APAC Summit held in Taipei on August 5, 2025, highlighted the Asia-Pacific region's expanding role in the development and deployment of open hardware technologies. Speakers from the OCP Foundation and Taiwan's tech industry emphasized the region's growing contributions to AI data center infrastructure and its significance in future technology roadmaps. Cliff Grossner, Chief Innovation Officer at the OCP Foundation, opened the summit by calling APAC an "extremely vibrant community," noting that participation from the region's corporate members has reached record levels. "Thirty percent of our corporate members now come from APAC," he said, highlighting that the region accounts for nearly 40% of OCP-certified data center-ready facilities and 28% of its experience centers. APAC emerges as OCP's growth engine Grossner pointed out that Asia's engagement with OCP goes far beyond attendance or certification—it's increasingly a source of technical leadership. Over the past year, 20% of contributions to OCP projects included an APAC-based corporate member. APAC is also the dominant marketplace for future infrastructure spending: IDC projects that 36% of the over US$190 billion in OCP-related equipment spending will come from this region. Grossner credited this surge to the region's urgent push to deploy scalable AI data center solutions, a need being accelerated by government policy, hyperscaler investment, and hardware innovation. He also confirmed OCP's plans to return to Taipei in 2026. "It's because of you that I can make that statement," he told the audience. "We'll be back next year." While Grossner framed APAC as an emerging tech engine, DIGITIMES Chairman and CEO Colley Hwang provided the local blueprint. Taiwan anchors global tech manufacturing In a keynote titled "AI Supply Chain Reinvent: Building a Better Eco-System," Hwang argued that Taiwan is no longer merely supporting the global tech industry—it is quietly anchoring it. "Taiwan has the best infrastructure in the world for the tech sector," Hwang said, pointing to a vast web of factories, suppliers, and engineering talent that together form an ecosystem unparalleled in scale and integration. The data he presented reveals Taiwan's central role: Taiwan (China) is the origin of 26% of the US server imports and 40% of China's, even when final assembly occurs in countries like Mexico or Vietnam. TSMC now accounts for more than 90% of the world's AI chip production, placing Taiwan at the center of the AI compute stack. He also noted that Taiwan's economy is structurally distinct. While most advanced nations are demand-side driven, Taiwan's economy is 38% reliant on manufacturing, compared to just 10% in the United States. "It's not about consumption—it's about capability," he said. Hardware drives AI evolution Beyond hardware, Hwang highlighted Taiwan's design innovation strength, claiming that its design industry is ten times the scale of South Korea's, despite having less than half its population. Taiwan's top eight server manufacturers operate more than 120 production sites globally, reflecting a global manufacturing footprint built through decades of specialization. Hwang aimed popular Silicon Valley narratives, suggesting that while "AI is eating software," in practice, "hardware will eat AI." As AI workloads push the boundaries of memory, bandwidth, and heat, performance gains increasingly depend not on algorithms alone, but on foundry technologies, advanced packaging, and system integration. Taiwan's golden decade ahead Hwang also offered a broader perspective on the global semiconductor market, arguing that the true value of the ecosystem—when accounting for foundries, fabless players, equipment makers, and materials suppliers—already exceeds US$1 trillion, a milestone often underreported. Looking ahead, Hwang predicted that Taiwan is entering a "golden age" lasting at least 10 years, driven by its manufacturing base, dense industrial clusters, and commitment to long-term reinvestment. He described Taiwan as a "small potato" and a "humble partner"—a role that emphasizes contribution over dominance. He urged global players, including OCP members, to "come to Taiwan more often," noting that firms like TSMC and Foxconn reinvest nearly 100% of their net profits into partnerships and infrastructure development. Asia's impact on AI infrastructure is only just beginning. The conversation will continue at the upcoming OCP Global Summit, where global hyperscalers, open hardware pioneers, and policy leaders will shape the next phase of AI-driven innovation. For a deeper dive into rack-scale server design and thermal breakthroughs shared at OCP APAC, read our companion article here — available with your trial.

'Nvidia, AMD to pay 15% of China chip sale revenues to US'
'Nvidia, AMD to pay 15% of China chip sale revenues to US'

Korea Herald

time6 days ago

  • Korea Herald

'Nvidia, AMD to pay 15% of China chip sale revenues to US'

Nvidia and AMD have agreed to give the US government 15 percent of revenue from sales to China of advanced computer chips like Nvidia's H20 that are used for artificial intelligence applications, a US official told Reuters on Sunday. US President Donald Trump's administration halted sales of H20 chips to China in April, but Nvidia last month announced the US said that it would allow the company to resume sales and it hoped to start deliveries soon. Another US official said on Friday that the Commerce Department had begun issuing licenses for the sale of H20 chips to China. When asked if Nvidia had agreed to pay 15 percent of revenues to the US, a Nvidia spokesperson said in a statement, "We follow rules the US government sets for our participation in worldwide markets." The spokesperson added: "While we haven't shipped H20 to China for months, we hope export control rules will let America compete in China and worldwide." AMD did not respond to a request for comment on the news, which was first reported by the Financial Times earlier on Sunday. The US Department of Commerce did not immediately respond to a request for comment. China's Foreign Ministry did not immediately respond to a request for comment. China represents a significant market for both companies. Nvidia generated $17 billion in revenue from China in the fiscal year ending Jan. 26, representing 13 percent of total sales. AMD reported $6.2 billion in China revenue for 2024, accounting for 24 percent of total revenue. The Financial Times said the chipmakers agreed to the arrangement as a condition for obtaining the export licences for their semiconductors, including AMD's MI308 chips. The report said the Trump administration had yet to determine how to use the money. 'It's wild,' said Geoff Gertz, a senior fellow at Center for New American Security, an independent think tank in Washington. 'Either selling H20 chips to China is a national security risk, in which case we shouldn't be doing it to begin with, or it's not a national security risk, in which case, why are we putting this extra penalty on the sale?" US Commerce Secretary Howard Lutnick said last month the planned resumption of sales of the AI chips was part of US negotiations with China to get rare earths and described the H20 as Nvidia's "fourth-best chip" in an interview with CNBC. Lutnick said it was in US interests to have Chinese companies using American technology, even if the most advanced was prohibited from export, so they continued to use an American "tech stack." The US official said the Trump administration did not feel the sale of H20 and equivalent chips was compromising US national security. The official did not know when the agreement would be implemented or exactly how, but said the administration would be in compliance with the law. Alasdair Phillips-Robins, who served as an adviser at the Commerce Department during former President Joe Biden's administration, criticized the move. 'If this reporting is accurate, it suggests the administration is trading away national security protections for revenue for the Treasury," Phillips-Robins said. (Reuters)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store