
Cabinet approves W26b for presidential office relocation
President Lee Jae-myung approved the relocation plan in a Cabinet meeting earlier in the day, and the amount is roughly 69 percent of the budget spent to move the presidential office to Yongsan in central Seoul under the former administration, according to presidential spokesperson Kang Yu-jung.
The presidential compound was relocated to the headquarters of the defense ministry in Yongsan a few months after former President Yoon Suk Yeol assumed office in May 2022.
The old presidential office of Cheong Wa Dae, located on a secluded hilltop compound in central Seoul, has since been opened to the public for sightseeing visits.
"To ensure a smooth return to Cheong Wa Dae and a better sightseeing environment for visitors, the operation schedule for Cheong Wa Dae tours will be adjusted," Kang said. "The return to Cheong Wa Dae will be conducted in phases on weekends and holidays."
In a separate notice, the Cheong Wa Dae Foundation, which operates walking tours at the former presidential compound, said the current tour schedules will run through July 14, with changes set to take place starting from reservations for the July 16-31 period.
All tours will temporarily halt from Aug. 1 for maintenance and security procedures until they resume after the relocation is completed. (Yonhap)

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Korea Herald
5 hours ago
- Korea Herald
Lee pledges complete wartime OPCON transfer by 2030
Proposal includes restoring inter-Korean relations, pursuing pragmatic diplomacy The transition of wartime operational control from the United States to South Korea has been designated as a key national security priority in the Lee Jae Myung administration's five-year governance plan that was unveiled Wednesday. According to the State Affairs Planning Committee — a de facto transition team tasked with drafting the administration's long-term agenda — the government aims to establish and implement a road map for the OPCON transfer during Lee's term. The plan calls for strengthening South Korea's operational planning and command capabilities to enhance deterrence against North Korea, while reaffirming that the transition will proceed in close coordination between the South Korea and US alliance. The OPCON transfer has long been a point of discussion between Seoul and Washington. South Korea has not held wartime operational control of its troops since the outbreak of the Korean War in 1950, when the authority was relinquished to the United Nations Command. It was later transferred to the South Korea-US Combined Forces Command, which remains under the leadership of a US four-star general. In 1994, under the liberal Kim Young-sam administration, South Korea regained peacetime operational control. However, wartime command authority continues to reside with the US under the current Combined Forces Command structure. With President Lee expected to hold his first summit with US President Donald Trump later this month in Washington, the OPCON issue is likely to resurface as a key agenda item. Broader alliance matters, including the level of the US troop presence in South Korea and defense cost-sharing, are also expected to be discussed. Yet Lee, who attended the committee's briefing session, stressed that the plan should not be seen as finalized government policy, but as a set of recommendations. "This is not a confirmed plan," Lee said. "It is a set of proposals outlining the desirable direction of state affairs. We will take them into account, and they may be revised through the process of consultation and coordination." He added that the government would "thoroughly and swiftly review" the committee's proposals and implement "as much as possible within feasible bounds." Caution remains within the military. Gen. Xavier Brunson, commander of the South Korea-US Combined Forces Command, reiterated last week that the transition must proceed under the agreed conditions. "If we choose to take shortcuts, that could endanger the readiness of the force here on the peninsula," Brunson said during a press conference at Camp Humphreys in Pyeongtaek, Gyeonggi Province. "The hope is — the hope has always been — that OPCON transfer would happen at some point in the future when the conditions are met." In addition to OPCON, the administration plans to upgrade South Korea's three-axis defense system, which was developed in response to growing threats from North Korea. The system consists of the Kill Chain preemptive strike platform, the Korea Air and Missile Defense system and the Korea Massive Punishment and Retaliation strategy. To address the steadily shrinking number of military personnel, the government plans to restructure military branches, expand the use of civilian resources and improve the readiness of reserve forces. It also pledged to support the defense industry by fostering high-tech sectors such as artificial intelligence, drone systems, advanced engines and space technologies, as well as by pursuing innovation in weapons acquisition. Meanwhile, the blueprint also calls for the dissolution of the Defense Counterintelligence Command, with its core functions to be transferred to other agencies. The unit, tasked with countering North Korean espionage, has come under scrutiny for its role in former President Yoon Suk Yeol's martial law declaration on Dec. 3, 2024. It was reported to have attempted to locate lawmakers and gain access to the National Election Commission during the incident. Inter-Korean policy, pragmatic diplomacy The blueprint also outlines a major shift in inter-Korean policy, moving away from confrontation and toward reconciliation. The government aims to restore inter-Korean relations by reopening communication channels, resuming talks and civilian exchanges and restarting humanitarian cooperation — a broader effort that, according to the committee, also includes pursuing a basic agreement between the two Koreas, modeled after the 1972 treaty between East and West Germany. The committee emphasized that any path toward unification must be grounded in public consensus, pledging to broaden civic participation in policymaking, promote peace and unification education and foster a more balanced public perception of North Korea. In broader diplomacy, the Lee administration promised a pragmatic approach based on national interest. The government seeks to evolve the alliance with the US into a future-oriented comprehensive partnership, pursue forward-looking relations with Japan, deepen strategic ties with China and manage relations with Russia in a stable and constructive manner. The plan also reaffirmed Seoul's commitment to expanding its outreach to G7 nations, building upon the New Southern and New Northern policies, and to strengthening engagement with countries in the Global South.


Korea Herald
6 hours 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.


Korea Herald
11 hours ago
- Korea Herald
Webtoon to bring Disney titles to mobile platform
Platform to host 100 Marvel, 'Star Wars' titles as shares jump 28 percent on news Webtoon Entertainment, the US-based parent company of Naver Webtoon, struck a multiyear partnership with Walt Disney Co. to bring around 100 titles from Marvel, "Star Wars" and other Disney properties to its vertical-scrolling platform, the companies announced Wednesday. The partnership will release adaptations of existing comics for smartphone viewing as well as original content developed for the mobile format. The content will appear in a dedicated section of Webtoon's English-language app, Webtoon said. "Amazing Spider-Man" debuts this month, followed by "Avengers," "Star Wars" and other titles. Users can read initial episodes for free before purchasing additional chapters with in-app coins. The deal helps fill a major content gap for the Naver Corp.-backed company as it expands beyond Asian markets. The platform boasts 155 million monthly active users globally, but has lacked superhero titles — which Disney's Marvel catalog will now deliver in earnest. The platform's demographics skew younger and more female than traditional comics readers, and its popular titles lean toward fantasy, romance and slice-of-life genres. For Disney, the partnership marks a shift from Marvel Comics' traditional distribution through comic shops and download services that cater to older fans. The entertainment giant could tap into Webtoon's younger, mobile-first user base while opening new revenue streams for its extensive back catalog. "The Disney, Marvel, 20th Century and Star Wars brands are among the most legendary, creative and successful in the industry," said Yongsoo Kim, Webtoon's chief strategy officer. "We're bringing this legendary storytelling to a new generation of mobile-native comic fans." The announcement sent Webtoon shares up 28 percent in after-hours trading Tuesday, coinciding with second-quarter earnings announced the same day. Webtoon reported revenue rose 8.5 percent to $348.3 million, while net losses narrowed to $3.9 million from $76.6 million a year earlier. The company projects third-quarter revenue between $380 million and $390 million. Webtoon Entertainment went public on Nasdaq in June 2024. The US-listed company serves as the parent of Korea's Naver Webtoon following a May 2020 restructuring, with Naver Corp. maintaining majority control. The company reported 2024 revenue of $1.35 billion with a net loss of $152.9 million. Financial details of the partnership were not disclosed, but Disney's Daniel Fink, head of digital innovation, called it "one of the biggest" publishing partnerships his company has undertaken.