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기획코너 > Global Metro
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LG Electronics unveils innovative display technologies at ISE 2025, strengthening its B2B business.

LG Electronics is showcasing innovative display solutions that enhance the value of spaces at ISE 2025, a commercial display exhibition held in Barcelona, Spain, starting on the 4th (local time). A model is scanning the QR code of the 'Kinetic LED,' which uses generative AI technology to transform photos into pop art. / LG Electronics 4o mini LG Electronics is participating in ISE 2025, the commercial display exhibition held in Barcelona, Spain, from February 4 to 7, showcasing industry-specific customized solutions based on commercial displays. Under the theme "Growing Together with Customers through Customized Solutions," LG Electronics has set up its exhibition hall, displaying various products tailored to key environments such as stores, offices, schools, transportation, and hotels. At the entrance of the exhibition hall, a massive 'Kinetic LED' display was installed, enhanced with AI technology to add an element of fun. The display, composed of 88 LED signage panels, measures 7.18 meters in width and 4.09 meters in height. It features a cube-shaped module that combines LED and mirror elements, with each module rotating 360 degrees left and right, creating a dynamic and vibrant movement. Additionally, a participatory advertising solution was implemented, where visitors can scan a QR code with their smartphones, and the generative AI will convert their input into pop art, which is then displayed on the screen. n addition, LG Electronics will demonstrate various technologies in collaboration with domestic and international partner companies, including: ▲Triplett, an AI-based retail store traffic and behavior data analysis company ▲Cocomo 24/7, a company specializing in school access management and emergency response solutions ▲Moses, Megapixel, and Brompton, companies specializing in virtual production equipment and solutions ▲Logitech, Cisco, and Crestron, companies offering enterprise video conferencing solutions ▲BrightSign, a company providing content management solutions for digital signage. At this exhibition, visitors will be able to see the upgraded version of the highly advanced ultra-high-definition Micro LED 'LG Magnit.' The product has been enhanced based on feedback from B2B customers, improving ease of use and installation, content compatibility, and energy efficiency. Previously, the adjustment of the gap between LED modules was only possible from the back, but now it can be done from the front as well. Additionally, the LED controller functionality has been strengthened, and standby power consumption has been drastically reduced by up to 98% when the screen is turned off. This year, LG Electronics will showcase high-brightness signage featuring the 'Anti-Discoloration' technology, which minimizes the yellowing phenomenon that occurs when the screen is exposed to sunlight for extended periods. This marks the first public display since receiving industry-first verification for discoloration resistance from the global testing and certification agency 'UL Solutions' last year. Additionally, LG will exhibit a lineup of signage optimized for preventing discoloration, designed for various outdoor environments, such as drive-thru stores, outdoor swimming pools, and bus stops. In the retail zone, which is designed to simulate a retail store, LG Electronics will showcase a comprehensive commercial display solution for retail stores, including signage that has obtained fire safety certification to ensure customer safety, and the second-generation kiosk that can be installed in various forms to meet customer needs. The three signage models displayed in the retail zone (models: US5P, UV5N, UP5Q) have been certified by global certification bodies SGS and TUV Rheinland to meet the fire safety standards of the UK and EU, including fire propagation and resistance. Recently, LG Electronics has obtained the same certification for a total of 22 models, including these three. In addition, visitors to LG Electronics' exhibition booth can experience various B2B products, such as the LG electronic whiteboard, which provides high-quality content and convenience features for educational and industrial settings, as well as LG's commercial display operation and management solution integrated platform, 'LG Business Cloud.' Park Hyung-se, President of LG Electronics' MS Business Division, stated, "Through innovative products and solutions that make various B2B customer spaces more valuable, we will grow together with our customers and solidify our leadership in the B2B market." ChatGPT를 사용하여 번역한 기사입니다.

2025-02-04 15:47:07 메트로신문 기자
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Samsung Electronics unveils four types of ultra-low-power display 'Color e-paper' at ISE 2025.

Samsung Electronics unveiled a range of new products that will lead the commercial display industry at the largest display exhibition in Europe, 'ISE (Integrated Systems Europe) 2025,' held in Barcelona, Spain. Samsung Electronics announced on the 4th that it will participate in ISE 2025, which will take place from the 4th to the 7th (local time) in Barcelona, Spain. Samsung Electronics has set up an exhibition space of 1,728 square meters (about 522 pyeong) at the Fira Barcelona exhibition center, showcasing a range of products including: ▲Four types of ultra-low-power displays, 'Samsung Color e-paper' ▲The B2B (business-to-business) integrated connectivity platform, SmartThings Pro, enhanced with AI features ▲New AI electronic whiteboard products and ultra-large signage displays At the entrance of the exhibition hall, a massive media facade featuring Samsung's Micro LED technology is displayed with the 462-inch 'The Wall.' The 'Samsung Color e-paper' is characterized by significantly reduced power consumption for digital content advertising. It utilizes ink technology for digital paper, with a power consumption of 0.00 watts (W) when maintaining content. Even when the screen changes, it consumes much less power compared to traditional digital signage, helping to reduce energy costs. Additionally, the design is ultra-thin and ultra-lightweight, making it easy to move and install in various commercial spaces. The Samsung Color e-paper features a detachable 5000mAh lithium-ion battery, two USB-C ports for charging and data transfer, and 8GB of flash memory. It supports Wi-Fi and Bluetooth connectivity. With the dedicated mobile app, users can easily create content and manage broadcast schedules and playlists conveniently. The Samsung Color e-paper is available in various options to suit different purposes and installation locations, including: ▲13-inch (1600x1200) ▲25-inch (3200x1800) ▲32-inch QHD (2560x1440) Additionally, there is an outdoor model with a 75-inch 5K (5120x2880) resolution. Samsung Electronics is enhancing the usability and management efficiency of its signage by further strengthening the AI and automatic control features of SmartThings Pro. The B2B integrated connectivity platform, 'SmartThings Pro,' analyzes floor plans registered by users through its 'Interactive View' feature, providing 3D floor plans with a sense of depth. Users can easily and conveniently manage devices by mapping devices connected to SmartThings Pro on the 3D floor plan, making it easier to perceive space. Additionally, Samsung Smart Signage now includes the CryptoCore cryptographic module, which securely encrypts IoT connection authentication information, enhancing the safety of device connections. Samsung’s CryptoCore, developed in-house, has received the international cryptographic module certification, FIPS 140-3, validating its security. A Samsung Electronics model is showcasing the 115-inch 4K ultra-large signage, suitable for high-end stores and building lobbies, at ISE 2025, the largest display exhibition in Europe, held in Barcelona, Spain, from February 4 to February 7 (local time). / Samsung Electronics 4o mini Additionally, Samsung Electronics will showcase 'ultra-large signage' displays. Following the unveiling of the 105-inch 5K smart signage optimized for video conferencing solutions at last year's ISE, Samsung is presenting a 115-inch 4K smart signage this year. The display offers a seamless viewing experience with no visible seams and supports multi-view, allowing up to four screen divisions. Furthermore, the 2025 model of the electronic whiteboard, which was first revealed at the largest educational technology exhibition in Europe, 'Bett 2025' in January, will also be exhibited at ISE. The electronic whiteboard equipped with the 'Android 15' operating system comes with the Samsung AI Assistant solution, offering features like 'Circle to Search,' which allows users to search for images or translate text within the screen, and 'AI Summary,' which summarizes lecture or meeting content. Jeong Hoon, Vice President of Samsung Electronics' Visual Display Business, stated, "Commercial displays must simultaneously meet the market's need for energy reduction and device management efficiency, as well as the public's demand for immersive experiences. We will lead the way in pioneering new markets with new products such as 'Samsung Color e-paper.'" ChatGPT를 사용하여 번역한 기사입니다.

2025-02-04 15:42:20 메트로신문 기자
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"OpenAI also shaken"... Is the AI industry shifting to 'open-source'?

OpenAI has officially suggested the possibility of shifting its "AI model development strategy," signaling a potential shift in the AI industry, which has traditionally adhered to the development of closed AI models. According to the information technology (IT) industry on the 3rd, Sam Altman, CEO of OpenAI, recently mentioned during a Reddit "Ask Me Anything" (AMA) session, "We were on the wrong side of history regarding open source" and added, "Personally, I believe there is a need to create a different form of open-source strategy." Kevin Weil, OpenAI's Chief Product Officer (CPO), also stated, "We are considering the possibility of open-sourcing older models," officially confirming OpenAI's shift away from its previous closed-source strategy. In fact, on the 31st (local time), OpenAI released a lightweight version of its inference AI model, 'o3 Mini,' for free. The 'o3 Mini' offers excellent performance in the fields of mathematics, science, and coding, boasting faster response times and higher cost-efficiency than its predecessor, the 'o1.' According to OpenAI, despite its low costs—$0.55 per million input tokens and $4.40 per million output tokens—the 'o3 Mini' maintains top-tier inference capabilities. This move is widely believed to be influenced by the Chinese AI startup DeepSeek. Recently, DeepSeek made a significant impact on the AI industry by unveiling its ultra-low-cost, high-performance AI model, 'R1.' The model's ability to achieve GPT-4 level performance at a fraction of the cost has introduced a new paradigm for AI model development. In fact, the AI model 'R1' developed by DeepSeek has been praised by executives from major U.S. tech companies such as OpenAI, Microsoft, and Apple for its 'low-cost, high-efficiency' innovation. Even Silicon Valley's prominent venture capitalist, Marc Andreessen, called it "one of the most amazing and impressive innovations I have ever seen" and referred to it as the "Sputnik moment" of the AI field. The term "Sputnik moment" refers to the moment when a leading nation in technology is shocked by an unexpected challenge from a latecomer, originating from the 1957 event when the Soviet Union launched the satellite 'Sputnik 1' before the United States. However, Sam Altman, CEO of OpenAI, mentioned in an online meeting last year that "the o3 Mini will be released by the end of January 2025, and soon after, the o3 will also be made public." Therefore, this release was part of the scheduled plan, and DeepSeek's emergence may not be the direct cause. Nonetheless, there are analyses in the global AI industry suggesting that the launch of o3 Mini is closely related to the "DeepSeek shock." U.S. IT media outlet TechCrunch analyzed, "OpenAI's decision to expand access to high-end AI models while securing a competitive edge over DeepSeek reflects a strategic move." Until now, companies like OpenAI and Google have dominated the market based on closed AI models. They developed AI models by investing astronomical capital and leveraging exclusive data. However, challengers like DeepSeek and Meta have been introducing open-source models, quickly improving AI performance and expanding their influence in the market. As a result, the future of the AI industry is expected to be significantly shaped by the competition between open-source and closed models. The industry anticipates that if the efficiency of open-source models is proven, even latecomers could develop high-performance AI with relatively lower costs. On the other hand, if closed models continue to maintain dominance, there is concern that the AI market could become entrenched in a structure dominated by a few large corporations. ChatGPT를 사용하여 번역한 기사입니다.

2025-02-03 16:12:29 메트로신문 기자
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Global automakers break through crisis with new electric vehicles… Launches of Ioniq 9, EX30, and more follow.

Global automakers are set to unveil new electric vehicles after the Lunar New Year holiday. Amidst the stagnation of the domestic electric vehicle market, which is facing issues with charging infrastructure and safety, the launch of new cars with various price points and safety features aims to turn the tide. According to industry sources on the 3rd, Hyundai Motor Company is starting pre-orders for its first large electric SUV, the Ioniq 9, on this day. The Ioniq 9, the flagship model of Hyundai’s electric vehicle brand Ioniq, maximizes interior space with the class-leading wheelbase based on the E-GMP platform. It is equipped with a 110.3 kWh battery, achieving a driving range of over 500 km on a single charge for all models, offering excellent value and an enhanced electric vehicle experience for customers. The sales prices for the Ioniq 9 are as follows: 7-seater: ▲Exclusive: 67.15 million won ▲Prestige: 73.15 million won ▲Calligraphy: 77.92 million won, 6-seater: ▲Exclusive: 69.03 million won ▲Prestige: 74.64 million won ▲Calligraphy: 79.41 million won With the application of electric vehicle purchase subsidies, the actual purchase price of the Ioniq 9 is expected to be even lower. For the 7-seater base trim, it is likely that customers will be able to purchase the Ioniq 9 starting in the mid-60 million won range. Volvo Car Korea is also lowering the price of the next-generation premium all-electric SUV, the Volvo EX30, by up to 3.33 million won to enhance customer benefits in the Korean market, and will begin full-scale deliveries in February. The EX30 is a premium electric SUV designed with the philosophy of "making people's lives safer, more convenient, and more enjoyable." It is built to offer a flagship-level user experience while driving the popularization of premium electric vehicles. The model had a successful global debut last year, with approximately 100,000 units (98,065) sold, starting in certain countries. In the European market alone, it sold 78,032 units, quickly securing the top spot in premium electric vehicle sales and establishing a dominant presence. In Korea, the Volvo EX30 will be launched with a rear-wheel drive single motor extended range powertrain, offering 272 horsepower and the ability to accelerate from 0 to 100 km/h in just 5.3 seconds. It will be available in two trims, Core and Ultra, depending on the interior, exterior, and some convenience features. The vehicle is equipped with Volvo's advanced safety technologies, including the new driver warning system and "Safety Space Technology," as well as the next-generation "Park Pilot Assist," which allows for parking with simple 3D interface screen controls. To make the next-generation premium electric vehicle experience accessible to domestic customers, the official price has been proactively reduced by up to 3.33 million won, offering the lowest price globally. As a result, the EX30 Core trim is priced at 47.55 million won (down from the previous 49.45 million won, a reduction of 1.9 million won), and the Ultra trim is priced at 51.83 million won (down from the previous 55.16 million won, a reduction of 3.33 million won). With the application of government and local subsidies for electric vehicles, it is expected that customers will be able to purchase the vehicle in the low 40 million won range. Meanwhile, Kia is expected to launch its EV series, including the compact electric sedan 'EV4' and the globally targeted 'EV5,' starting in the first half of the year. The EV4 will be Kia's second mass-market electric vehicle, built on the E-GMP platform. KG Mobility plans to target the electric pickup truck market. The company will launch the "Musso" integrated pickup brand and has confirmed the name of its first electric pickup truck as the "Musso EV." The Musso EV is scheduled for release in the first quarter of this year. Meanwhile, Korean GM plans to release the Chevrolet Equinox EV. ChatGPT를 사용하여 번역한 기사입니다.

2025-02-03 15:51:39 메트로신문 기자
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Cement: Will domestic shipments fall below 40 million tons?… Growing sense of 'crisis' sets in.

This year, there is growing concern that domestic cement shipments could fall below 40 million tons (t). The situation surrounding the cement industry is worsening, driven by the ongoing slump in the housing market, financial difficulties faced by small and medium-sized construction companies, and the overall domestic economic downturn. A "below 40 million tons annually" scenario would mean that domestic shipments would return to the level seen in 1990. According to the Korea Cement Association on the 3rd, last year's domestic cement shipments amounted to 43.595 million tons, a decrease of over 10% compared to the previous year's 50.237 million tons. Since the 1990s, domestic cement shipments have exceeded 60 million tons in 1996 and 1997. Although shipments have declined somewhat, they remained above 50 million tons from 2015 to 2018. An industry insider commented, "With mid-sized construction companies like Shin Dong-A Construction filing for corporate rehabilitation and the growing crisis among small and medium-sized construction firms, the mood in the construction industry, which is the main customer for cement, is significantly depressed. This could lead to a sharp drop in overall cement demand, which is the biggest concern." The insider added, "Furthermore, environmental regulations are becoming increasingly strict, requiring cement companies to invest more in eco-friendly initiatives, making this year’s business conditions very challenging." Jeon Geun-sik, who was appointed as the 31st President of the Korea Cement Association at the beginning of this year as the CEO of Hanil Cement, expressed concerns in his inauguration speech, stating, "This year, due to the downturn in the upstream industries, domestic cement shipments are likely to hit their lowest level in 35 years, since the early 1990s." He added, "With increasingly strict environmental regulations and rising manufacturing costs, the cement industry is facing a crisis like never before." In reality, the housing market, which is the most representative upstream industry for cement, is in a situation where high expectations for this year are difficult to hold. According to the "2025 Housing Market Outlook" report released earlier by the Housing Industry Research Institute, the number of housing units completed this year is expected to be 332,000, a significant decrease from last year's estimated 440,000 units. The average from 2017 to 2021 was 523,000 units. The expected number of housing starts this year is 300,000, which is slightly higher than last year's 260,000 units. However, this is still a substantial decline compared to the average of 521,000 units from 2017 to 2021. In the "Construction Trends Briefing" released last month, the Korea Construction Industry Research Institute stated, "The likelihood of a sharp interest rate cut is low, and real estate regulations remain in place, meaning the housing market will need more time to recover." It also forecasted, "This year's budget for SOC (social overhead capital) has been set at 25.5 trillion won, a 3.6% decrease from last year, which will further shrink the public construction market, leading to a deepening shortage of construction projects." According to the Cement Association, its member companies invested a total of 607.6 billion won in facility investments for environmental improvements last year. This investment has gradually increased from 342.9 billion won in 2020 to 422.6 billion won in 2021, 446.9 billion won in 2022, and 568.3 billion won in 2023. However, if cement companies are required to install additional nitrogen oxide reduction equipment (SCR) to effectively reduce exhaust gases, the investment costs will rise further, deepening their concerns. The worry is growing, as the management conditions are already difficult, and the increasing investment costs are adding to the burden. On a somewhat positive note, the price of bituminous coal (based on 5750 kcal/kg in Northeast Asia), which accounts for the largest portion of cement production costs, has dropped from its peak of $295 per ton in March 2022 to $99 per ton by the end of January. However, this benefit is somewhat offset by the depreciation of the Korean won (rise in the value of the dollar). An industry insider expressed concern, saying, "The total production capacity of major cement companies exceeds 60 million tons annually. However, if domestic shipments fall below 40 million tons, no matter how much production is reduced, inventory will inevitably pile up. This could lead to a series of negative effects, such as falling cement prices and worsening business conditions." The insider further noted that exporting the excess volume and competing with low-cost Chinese cement is not an easy task. Last year, the total cement export volume was only 598,000 tons, which accounts for just 1.4% of domestic shipments. ChatGPT를 사용하여 번역한 기사입니다.

2025-02-03 15:41:30 메트로신문 기자
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"The Miracle of Semiconductors" Samsung overtaken by SK for the first time... What will be the breakthrough this year?

Global semiconductor giant Samsung Electronics lost its throne to SK hynix for the first time last year. The fierce competition was largely influenced by the rapid growth of high-bandwidth memory (HBM) demand, driven by the expanding AI market. With attention now focused on how Samsung will overcome this challenge, there is growing expectation that an increase in HBM product share and the emergence of "DeepSeek" could serve as key momentum. ◆ SK hynix surpasses 8 trillion won in operating profit. According to Samsung Electronics on the 2nd, the revenue of its Device Solutions (DS) division, which oversees the semiconductor business, was 30.1 trillion won in the fourth quarter, with memory sales accounting for 23 trillion won. However, its operating profit was only 2.9 trillion won. The annual operating profit was 15.1 trillion won. In contrast, rival SK hynix surpassed Samsung Electronics with record-breaking results both in the fourth quarter and for the entire year. SK hynix's fourth-quarter operating profit was 8.08 trillion won, and its annual revenue reached 66 trillion won, with an operating profit of 23.39 trillion won. SK hynix’s annual operating profit was more than 8 trillion won higher than Samsung Electronics'. The key factor that determined the outcome of the semiconductor business last year was HBM. SK hynix has virtually monopolized the supply of HBM to companies like NVIDIA, and with the expansion of the AI market, demand for HBM surged, leading to strong performance. In the fourth quarter, 40% of its revenue came from HBM. SK hynix is expected to continue this momentum, with HBM shipments already sold out for this year. On the other hand, Samsung Electronics, which has a lower contribution from HBM, did not achieve the expected results. Additionally, the company struggled with a demand slump in general-purpose memory and faced challenges from low-priced products from China. Despite recording the highest-ever revenue in the fourth quarter, its operating profit slightly decreased compared to the previous quarter. ◆ Samsung to double HBM supply… 'Timely development of HBM4' Samsung Electronics is expected to focus on expanding its HBM supply in order to take the lead in the semiconductor business. This year, it plans to supply HBM3E to NVIDIA and will need to address challenges such as ▲timely development of HBM4 and ▲countering competitors, including those from China. On the 31st, Bloomberg reported, citing anonymous sources, that Samsung Electronics obtained approval from NVIDIA to supply HBM3E 8-layer memory last month. However, this possibility is considered low, as Samsung had indicated that HBM revenue would actually decrease in the first quarter of this year due to a temporary demand gap. Analysts believe that if Samsung were to supply HBM3E to NVIDIA, there would be no such demand gap. Despite this, Samsung plans to directly confront the crisis by flexibly producing legacy (older) DRAM and focusing on the high-value HBM production. Samsung stated, "Customer demand will rapidly shift from HBM3E 8-layer to 12-layer after the second quarter of this year," adding, "We plan to double the HBM supply compared to last year to meet customer demand." It further revealed, "For 16-layer products, we have created samples and delivered them to major customers." At the same time, Samsung is redesigning HBM3E and pushing forward with the development of HBM4. ◆ DeepSeek 'positive outlook' possible... Urgent need for 52-hour workweek regulation. In addition, there is analysis suggesting that the shock from the Chinese AI startup "DeepSeek" could work as a positive for Samsung Electronics. While U.S. AI companies use NVIDIA's high-cost, high-performance GPU H100, DeepSeek developed its product in just two months using around 2,000 relatively low-performance H800 chips. This has raised the possibility in the AI industry that high-performance GPUs from NVIDIA may not always be necessary. As a result, the introduction of new technology could lead to shifts in the industry ecosystem, which may present long-term opportunities for Samsung Electronics in the AI market. On the 31st, Samsung Electronics commented during a conference call regarding DeepSeek, stating, "There will be both long-term opportunities and short-term risks in the market." They also noted, "As we supply HBM, which is needed for GPUs, to various customers, we are monitoring the situation considering different scenarios." Meanwhile, the potential abolition of the 52-hour workweek regulation in the domestic semiconductor industry is also seen as a positive factor. There are suggestions that lifting the work-hour restrictions would be necessary to outpace Chinese companies and strengthen semiconductor competitiveness. Delays in deliveries due to work-hour regulations have been reported as a common issue. The industry believes that the fastest way to lift the regulations would be to introduce special provisions for semiconductor law currently under discussion in the National Assembly. If economic compensation for worker rights protection and health safeguards are also established, it is believed that this would significantly contribute to enhancing medium- to long-term semiconductor competitiveness. ChatGPT를 사용하여 번역한 기사입니다.

2025-02-02 16:54:18 메트로신문 기자
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DeepSeek's personal data leakage controversy emerges as a new issue… U.S. and Europe 'block' vs. India 'welcomes'.

The shockwaves caused by the Chinese AI startup DeepSeek are sweeping across the globe, with security issues such as personal data breaches emerging as a new concern. Some countries have banned the use of DeepSeek due to the potential for personal data leakage, while others, particularly those in developed nations, are encouraging the active adoption of DeepSeek, driven by hopes of breaking the monopolistic AI technology regime established by advanced countries. According to foreign reports, including Bloomberg, major global corporations and government agencies are blocking access to the AI inference model "DeepSeek R1" developed by DeepSeek. DeepSeek R1 is a large-scale language model (LLM) trained on 671 billion parameters, and it has caused a major stir by delivering GPT-4-level performance at a low cost. It is particularly noted for its use of NVIDIA's H800 chip, which was released with reduced performance for the Chinese export market, but still manages to deliver performance close to that of GPT-4. The U.S. government and Congress have taken a strong stance by fully banning the use of DeepSeek and are responding aggressively. The U.S. Congress has restricted the use of DeepSeek on public devices like phones and computers within Congress and has directed staff not to install it. The Congress has warned that "threat actors are already exploiting DeepSeek as a means to distribute malicious software and infect devices." The U.S. Navy and Department of Defense have also blocked employee access to DeepSeek. It is reported that the Department of Defense took action after confirming that some employees had used DeepSeek, leading to the decision to restrict access. At the corporate level, the movement to block DeepSeek is also spreading. According to network security firm Netskope, 52% of its clients have already fully blocked access to DeepSeek. Nadir Izraeel, the Chief Technology Officer (CTO) of cybersecurity company Armis, stated, "About 70% of our clients have requested to block access to DeepSeek," adding, "Hundreds of companies, especially those linked to the government, are concerned about the potential data leakage to the Chinese government and vulnerabilities in personal data protection." DeepSeek's privacy policy explicitly states that user data is collected and stored on servers in China, and any disputes related to this matter are subject to Chinese law. With this information now public, many companies and government agencies are blocking the use of DeepSeek's AI model R1 and its application programming interface (API) for security reasons. Regulatory movements against DeepSeek are also gaining momentum in Europe. The Italian Data Protection Authority requested information regarding DeepSeek's handling of personal data, and as a result, DeepSeek's app was removed from Google and Apple app stores in Italy. The Irish Data Protection Commission (DPC) also sent a letter to DeepSeek requesting information on how user data from Ireland is being processed. The letter expressed concerns about potential violations of the European Union (EU) General Data Protection Regulation (GDPR). The French Data Protection Authority (CNIL) has also launched its own investigation into the functioning of DeepSeek's AI system and the potential data protection risks associated with it. In contrast, India has embraced DeepSeek. Unlike the U.S. and Europe, which have adopted a strict regulatory stance, India is eager to actively utilize the technology. Ashwini Vaishnaw, India's Minister of Electronics and Information Technology, praised DeepSeek's technology and announced plans to host the DeepSeek model on servers within the country. Moreover, India has been inspired by DeepSeek's low-cost AI and announced plans to develop six of its own foundational AI models by the end of the year. The government plans to expand AI usage in various fields such as agriculture and climate change through state support. An Indian government official stated, "The foundational AI models developed in India will be able to compete with the top models in the world," adding, "There will be active government support to enhance AI technological competitiveness." Experts point out that the technological innovation of DeepSeek R1 is sparking both expectations and concerns. An AI security expert commented, "The fact that DeepSeek R1 achieves GPT-4 level performance at a low cost is a technological leap, but it also requires a cautious approach in terms of data security and personal data protection." The expert further stated, "In South Korea, we must not only prepare countermeasures for the security threats posed by DeepSeek but also seek a balanced strategy that maximizes the potential of technological advancements." ChatGPT를 사용하여 번역한 기사입니다.

2025-02-02 16:27:48 메트로신문 기자
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Trump-initiated tariff war begins… South Korean companies, initially spared, urgently preparing countermeasures.

U.S. President Donald Trump went ahead with his plan to impose tariffs on Mexico, Canada, and China on the 1st (local time). As a result, the South Korean economy has fallen under the influence of the "Trump tariffs." Many major companies and their partners, including Samsung Electronics, LG Electronics, Kia Motors, and POSCO, operate production plants in Mexico and Canada. The industry analyzes that if the tariff war sparked by Trump expands in all directions, the export-dependent South Korean economy could suffer a direct blow. According to foreign reports, including the AP, U.S. President Donald Trump signed three executive orders on the 1st, imposing a 25% tariff on all imports coming from Canada and Mexico and a 10% tariff on Chinese products. These measures are set to take effect on the 4th. However, the additional tariff on Canadian energy resources will be set at 10%, not 25, in consideration of potential price increases. In response to the tariffs, Canada and Mexico have firmly stated their intention to retaliate, but the executive orders also include provisions for further retaliation. The executive order regarding Canada specifies, "If Canada imposes tariffs on U.S. imports or takes similar measures in retaliation for these actions, the President may increase or expand the tariffs to ensure the effectiveness of these measures." Most importantly, if these measures continue, South Korean companies with factories in Mexico are expected to suffer as well. Companies like Samsung Electronics, LG Electronics, Kia, and POSCO have expanded investments in Mexico, either by increasing production capacity or setting up new plants. South Korea's investment in Mexico surged dramatically, from $11 million in 2020 to $396 million in 2022. Samsung Electronics operates home appliance and TV factories in Querétaro and Tijuana, Mexico. LG Electronics has production bases in Reynosa (TVs), Monterrey (refrigerators), and Ramos (automotive electronics). Kia's Mexican plant produced a total of 253,000 vehicles from January to November last year, including 175,000 K3s, 64,000 K4s, and 14,000 Tucsons, with 128,000 K3 units sold to the U.S. Hyundai Mobis and Hyundai Transys also operate production plants, and other supply chain participants are also running operations. In Canada, a joint factory between LG Energy Solution and Stellantis produces battery modules, while POSCO Future M is constructing a joint battery cathode materials plant with General Motors (GM) in the country. Additionally, with President Trump maintaining a hardline stance by imposing blanket tariffs on even trade allies, there are concerns that South Korea's export front will face significant challenges. South Korea ranks eighth among the countries with the largest trade surpluses with the U.S., and if tariffs are imposed, it could pose serious risks to the export-dependent South Korean economy. On the 31st of last month, President Trump indicated plans to impose tariffs on imports of semiconductor, pharmaceuticals, steel, aluminum, copper, oil, and gas. This means that semiconductors, South Korea's largest export product, could fall within the scope of the tariff war. Last year, South Korea's annual trade surplus with the U.S. reached a record high of $55.69 billion. An industry insider stated, "Trump will begin implementing extensive and aggressive tariff pressure starting in the second quarter." He added, "While companies operating in Mexico and Canada will face issues, domestic companies that supply intermediate goods to China will also be affected. Therefore, the entire domestic industry will need to work with the government to prepare more refined countermeasures." ChatGPT를 사용하여 번역한 기사입니다.

2025-02-02 16:22:17 메트로신문 기자
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Hyundai Motor Establishes Stable Electric Vehicle Production Line in India… Opens EV Battery Plant

Hyundai Motor is establishing a stable electric vehicle production line in India. After investing approximately 1.1 trillion KRW in 2019 to establish an electric vehicle production line, Hyundai Motor has now opened an EV battery plant in India. This move is part of Hyundai's active participation in the Indian government's efforts to expand electric vehicle adoption. According to industry sources on the 29th, Hyundai Motor has established and started operations at its electric vehicle battery plant in Chennai, India. This comes shortly after the launch of Hyundai's first locally produced electric vehicle in India, and it is expected to accelerate Hyundai's push into the Indian electric vehicle market. The Indian electric vehicle market has been steadily growing, reaching approximately 1.53 million units in 2023. The Indian government is actively supporting the growth of the automobile market through policies to foster the eco-friendly vehicle industry. The government aims to increase the share of electric vehicle sales to 30% of total vehicle sales by 2030 and is pushing forward with a robust electrification policy. Since 2024, the government has implemented a policy that includes investing at least $500 million in India and offering a substantial reduction in import tariffs for electric vehicles. Companies that produce electric vehicles within three years are eligible for a tariff cut to just 15%, down from the original 100%. According to the German news website Electrive.com, Hyundai Motor's Chennai battery plant in India is jointly operated with Hyundai Mobis, a parts subsidiary of Hyundai Motor Group. The plant will produce battery packs for the first locally produced electric vehicle model, the Creta Electric. Hyundai Motor's new Chennai plant is equipped with facilities capable of producing both lithium iron phosphate (LFP) and nickel manganese cobalt (NMC) battery packs. The plant has an annual production capacity of up to 75,000 units, although it is currently not able to produce at full capacity. Hyundai plans to produce 24,000 units of the Creta Electric annually, and it is not expected to launch any other EV models before 2026. Indian automotive magazine Autocar Professional reported that Hyundai Motor is receiving NMC battery cells from HLI Green Power, a joint venture between Hyundai Motor Group and LG Energy Solution in Indonesia. The report further explained that while Hyundai has not yet secured a local supply chain for NMC battery cells, it has signed a supply agreement for LFP battery cells with Indian battery manufacturer Exide Energy. Meanwhile, Hyundai Motor Group sold a total of 853,000 units in the Indian market in 2024 (600,800 units by Hyundai and 245,000 units by Kia). With a market share of about 20%, they are the second-largest player in the Indian market, following Maruti Suzuki. Hyundai and Kia have set a target to sell a total of 914,000 units in India this year. ChatGPT를 사용하여 번역한 기사입니다.

2025-01-30 15:05:03 메트로신문 기자
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LCC Industry 'Overworking Aircraft' – Air Busan Aircraft Fire Raises Demands for Enhanced Safety Measures

Just over a month after the tragic crash of a Jeju Air passenger plane that resulted in 179 fatalities, a fire broke out on an Air Busan aircraft at Gimhae Airport, raising concerns once again about the safety of low-cost carriers (LCCs). This incident occurred after the government held a special safety inspection meeting for LCCs, leading to a decline in trust and an increase in anxiety among airline passengers. With calls for stronger safety measures for LCCs intensifying, the Ministry of Land, Infrastructure, and Transport is expected to announce an aviation safety innovation plan in April. ◆ 17 Flights in the 48 Hours Leading Up to the Accident According to industry sources on the 30th, a fire broke out on Air Busan flight BX391, which was preparing to take off from Gimhae Airport for Hong Kong at around 10:15 PM on the 28th. All 176 people on board, including passengers and crew, successfully evacuated the plane. While the incident resulted in seven minor injuries, the fact that it occurred just a month after the Jeju Air disaster has raised concerns about the safety of domestic aviation. In particular, the fact that both Jeju Air and Air Busan are low-cost carriers (LCCs) has led to renewed scrutiny of the safety practices of LCCs. According to the flight tracking website FlightAware, Air Busan's HL7763 aircraft had flown a total of 17 times in the 48 hours leading up to the accident. The total flight time amounted to 942 minutes, or 15 hours and 42 minutes. The flight routes included Gimpo to Jeju, Jeju to Gimhae, Gimpo to Gimhae, and Gimhae to Macau. Earlier, on the 29th of last month, Jeju Air flight 7C2216, which was involved in the accident, had also operated 13 flights in the 48 hours leading up to the incident, traveling between Muan, Jeju, Incheon airports, and Bangkok, Thailand. This raised concerns about the airline's demanding flight schedule. Similarly, there are voices questioning whether Air Busan's aircraft operated too frequently, perhaps in an attempt to capitalize on the travel demand during the Lunar New Year holiday period. ◆ Cause of the Accident: Battery/Electronics vs. Wiring Defects The aircraft involved in the incident was a 17-year-old Airbus A321-200, which is considered to be relatively old. As a result, the industry is focusing on identifying the cause of the fire, considering various possibilities. There have been eyewitness reports stating that the fire started from the overhead bin, leading to various speculations about the unidentified object that may have caused the fire. In the industry, testimonies from passengers seated at the back suggest that the fire began in the overhead compartment. Considering that smoke was reported to have come from the bin, it is believed that a passenger's luggage may have been involved in the incident. Fires caused by lithium batteries have occurred frequently. For instance, in April of last year, a fire broke out in a carry-on luggage compartment on an Asiana Airlines flight from Gimpo to Jeju, caused by a power bank stored in the compartment. However, the investigation team and firefighters are also keeping the possibility of electrical wiring issues, such as short circuits, open as part of their inquiry. While the aircraft does not reach the 20-year mark typically classified as an older aircraft, it has surpassed 17 years and 3 months of service, making it likely that the aging of the aircraft may have contributed to the incident. The aircraft's rear section contains components like the APU (Auxiliary Power Unit), and the electrical wiring in the aircraft is intricately connected. If maintenance records show that wiring replacement or inspections were not properly conducted, there is a high likelihood that it could have led to the fire. ◆ Government Launches Full Investigation The Aviation and Railroad Accident Investigation Committee under the Ministry of Land, Infrastructure, and Transport, along with relevant authorities such as the fire department, will begin a thorough inspection of the Air Busan aircraft starting on the 30th. The investigation team plans to recover and analyze the flight data recorder and cockpit voice recorder to investigate the incident. Earlier, the Ministry of Land, Infrastructure, and Transport stated that after conducting a counter-terrorism investigation with relevant authorities starting on the morning of the 29th, no clear suspects were identified. They also explained that although the upper part of the aircraft was completely burned, the aircraft's wings and engines showed no signs of damage. ChatGPT를 사용하여 번역한 기사입니다.

2025-01-30 14:53:42 메트로신문 기자
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"Deepseek Moment": The Effectiveness of U.S. Export Controls on AI Semiconductors to China "?"

Following the sudden emergence of China's AI model "Deepseek," questions have been raised about the effectiveness of the U.S.'s export controls on advanced semiconductors to China. This has led to growing concerns over the regulatory policies of the Trump administration. According to a report by Metro Economy on the 29th, there has been ongoing debate about the effectiveness of the U.S. measures that have continued to impose export controls on AI semiconductors in an effort to both pressure China internationally and hinder the development of advanced AI technology. On the 20th, Chinese AI startup Deepseek unveiled its AI model "Deepseek R1," announcing that it successfully developed the model in just two months at a cost that was only about one-tenth of the major U.S. big tech companies' AI systems. Additionally, Deepseek revealed that it used the lower-spec H800 AI semiconductor, rather than the high-end H100 from Nvidia. Deepseek R1 is a large-scale language model (LLM) with 671 billion parameters, similar to ChatGPT. According to Deepseek, the model was trained over approximately two months at a cost of 5.58 million USD (approximately 80.68 billion KRW). The short development time and low cost are attributed to a new architecture designed for efficient learning and training. This architecture reportedly reduces the time required for LLM training to only 2.78 million GPU hours. The semiconductors used for development also had lower performance compared to those used by major big tech companies. Despite this, the model outperformed OpenAI's latest AI model, O1, by a narrow margin in the 2024 AIME (American Math Competition) benchmark. This development, which suggests that U.S. export restrictions might actually accelerate China's technological advancements, has raised concerns about the effectiveness of the U.S. policy towards China. In response, the U.S. government announced on the 13th (local time) that it would strengthen export controls on AI semiconductors and revise the Export Administration Regulations (EAR) to block circumvention, beginning a 120-day public consultation period. The EAR (Export Administration Regulations) classifies countries' access to advanced AI semiconductors into three tiers, with China being designated as one of the 22 "adverse countries" and subject to the highest level of control. Following the Deepseek incident, major IT figures in the U.S. have referred to the situation as a "Sputnik moment," raising questions about the effectiveness of the U.S.'s strategy to contain China. A "Sputnik moment" refers to the moment when a country with a technological advantage is shocked by the technological progress of a latecomer. CNN evaluated the situation, stating, "Considering that the U.S. has spent years restricting the supply of advanced AI semiconductors to China for security reasons, this outcome is extremely shocking." Since 2022, under the Biden administration, the U.S. has begun regulating the export of major high-performance semiconductors from NVIDIA and AMD to China, citing concerns that China could potentially weaponize these semiconductors for AI development and training. This led to the halting of exports to China for NVIDIA's A100 and the next-generation model H100. The H100 is the highest-performance AI semiconductor used by companies like OpenAI, Microsoft, and Google to develop AI models. The semiconductor used by Deepseek is the H800, a lower version of the H100. While the U.S. sought to control technological advancements through semiconductor access regulations, the counterproductive effects have led to growing support for the stance of major semiconductor companies that opposed the EAR revisions. Following the announcement of the EAR amendments, major global IT companies have collectively protested, arguing that government overreach in regulating the export and import activities of businesses globally is problematic. At the time, NVIDIA pointed out, "By manipulating market outcomes and suppressing competition, the U.S. risks wasting the technological advantages it has painstakingly gained." The company further criticized, "The U.S. wins through innovation, competition, and sharing technology with the world, not by retreating behind a wall of excessive government intervention." ChatGPT를 사용하여 번역한 기사입니다.

2025-01-30 14:46:15 메트로신문 기자
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[Trump's Blade] The Battleground for K-Industry?... Finding a Breakthrough Through U.S. Local Investment

Amidst U.S. President Donald Trump's strong protectionist stance, South Korean companies are focusing on increasing local investments in the U.S. to respond to high tariffs. In an uncertain environment, their strategy is to overcome the crisis by concentrating on local production and building supply chains. According to industry sources on the 23rd, following President Trump's re-election on the 20th (local time), domestic companies are actively preparing countermeasures in response to the new administration's policies in the U.S. President Trump announced that starting next month, a 25% tariff will be imposed on all products from Mexico and Canada, and he has instructed a review of existing trade agreements. It is also reported that discussions are underway regarding an additional 10% tariff on Chinese goods. The 10% additional tariff mentioned by Trump would be imposed on top of the tariffs already levied on over $300 billion worth of Chinese imports during his first term. President Trump also signaled the possibility of imposing a universal 10% tariff on all imported goods. Although he mentioned that the universal tariff policy is not yet prepared and the specific implementation timeline remains uncertain, domestic companies are closely monitoring the potential for such tariffs. Companies without local factories are particularly concerned about the loss of price competitiveness due to the introduction of these tariffs. ◆ "Mitigating Tariff Risks by Establishing U.S. Production Facilities" The steel industry is actively expanding into the U.S. as the importance of establishing production facilities in the U.S. has grown. South Korea's steel exports to the U.S. are subject to a duty-free quota of up to 2.68 million tons per year. If local production is established, it can reduce tariff burdens and create a more stable supply chain, which is expected to be advantageous in terms of profitability. Hyundai Steel is reportedly considering building a steel plant in the U.S., attracting attention. Hyundai Steel plans to produce automotive steel products locally in the U.S. and supply them to Hyundai Motor Group's U.S. factories. Hyundai Motor Group operates Kia's plant in Georgia and Hyundai's plant in Alabama. Additionally, Hyundai is constructing a dedicated eco-friendly electric vehicle plant, MetaPlant America (HMGMA), in the Savannah area of Georgia. The shipbuilding industry is also actively investing in the U.S., focusing on the potential for alliances in shipbuilding and defense sectors. Hanwha Ocean and Hanwha Systems completed the acquisition of 100% of the shares of the Phili Shipyard in the U.S. in December 2024, with an investment of approximately $100 million. Hanwha Group is the first domestic company to acquire a U.S. shipyard. Earlier, in November 2024, shortly after his election, President Trump mentioned in his first phone call with President Yoon Suk-yeol, "I am aware of South Korea's world-class capabilities in building warships," and added, "It is necessary to closely cooperate with South Korea not only in ship exports but also in the maintenance, repair, and overhaul (MRO) sector." The power industry is also expected to experience growth in performance, driven by the U.S. market's need to replace aging power infrastructure. President Trump has announced plans to invest over 700 trillion KRW in artificial intelligence (AI). As a result, there is growing optimism that the power equipment sector will benefit from this trend and experience a boom. HD Hyundai Electric will increase its investment in production facilities for ultra-high voltage transformers in response to growing AI demand and the expansion of data centers. The company plans to invest a total of 396.8 billion KRW in the construction of a new production facility at its Ulsan plant and the establishment of a second plant in Alabama, USA. Through this expansion, HD Hyundai Electric aims to secure production capacity for 756kV (kilovolt) ultra-high voltage transformers, which is the highest voltage specification currently used in the U.S. market. An industry insider stated, "Domestic companies are increasing investments in the U.S. to avoid tariffs and reduce logistics and distribution costs," adding, "It is essential to turn U.S. protectionism into an opportunity by creating jobs and expanding investments in the U.S." They further emphasized, "Expanding market access in the U.S. and actively utilizing the local ecosystem will be key to strengthening cooperation with the new U.S. administration." ChatGPT를 사용하여 번역한 기사입니다.

2025-01-23 17:03:38 메트로신문 기자
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"From Disney Tours to Luxury Goods"… The Three Major Telecom Companies Begin Pre-orders for the Galaxy S25 Series

Pre-orders for Samsung's latest smartphone, the 'Galaxy S25 series,' will begin on the 24th. The three major telecommunications companies are competing to attract users by offering various AI-based benefits and giveaways. According to the telecommunications industry on the 23rd, the three major telecom companies will be offering pre-orders for the Galaxy S25 series from the 24th to the 3rd of next month. Activation will be available starting on the 4th, with the global release scheduled for the 7th of next month. ◆ SKT: "From Disney Tours to AI Benefits" SK Telecom will offer a 3 million KRW travel voucher for a "Walt Disney World Tour" to 50 lucky customers who pre-order the Galaxy S25 series. The winners can choose their preferred Walt Disney World or Disneyland location from around the world, including destinations like Florida, USA, and Paris, France. Additionally, 2,000 pre-order customers will receive a Starbucks gift card worth 50,000 KRW. Customers can apply for both the Disney World Tour and the Starbucks gift card giveaway simultaneously. A promotion linked to Disney+ will also be held. From February 4th to March 31st, customers who activate the Galaxy S25 series and subscribe to the Disney+ plan can apply through the promotion page. The first 5,000 customers will receive a "T Universe Disney+ 3-month subscription," which can be gifted to others. AI-related benefits are also prominent. Customers who activate the Galaxy S25 series and complete the necessary event consent will receive an expanded version of the company's AI service "A.Dot" phone call summary feature, increasing from the usual 350 calls per month to up to 1,000 calls for a maximum of 6 months. Additionally, in collaboration with OpenAI, there will be a promotion offering a 50% discount on the paid service "ChatGPT Plus" for three months. Additionally, T Universe benefits have been significantly enhanced. Customers who activate the Galaxy S25 series and subscribe to the T Universe CU discount subscription product in offline stores by March 31st will see the monthly discount limit increase from the previous 30,000 KRW to 60,000 KRW, doubling the original amount. This benefit will be available until June 30th. ◆ KT Boosts with Discounted Plans… Limited Sale of Ultra 1TB Model When pre-ordering the Galaxy S25 series through KT, customers can receive the following benefits: ▲ A Samsung genuine ultra-fast charger with the purchase of the Galaxy S25 Ultra, ▲ A choice between Galaxy Buds FE or a popular case with the purchase of the Galaxy S25 or Galaxy S25+, and a 3-month subscription to Millie's Library. Additionally, if purchasing with family or friends, customers can receive up to 600,000 KRW in Naver Pay gift cards (for up to 4 people). Additionally, customers who purchase the product by the end of February will receive a 150,000 KRW discount coupon for the 'Galaxy Watch 7' to be used on the Samsung.com app, as well as three 30% off coupons for accessories. Along with this, they will also receive a 3-month free trial of YouTube Premium, a 3-month free subscription to Willa with an additional 3-month 50% discount, and a 3-month unlimited subscription to various domestic and international digital magazines. The Galaxy S25 Ultra 1TB model will be released on KT's official online store, 'KT.com.' Pre-order customers can purchase the 1TB model at the price of the 512GB model, receiving a discount of 286,000 KRW. The 1TB free upgrade is available in limited quantities. KT.com pre-order customers will receive the following benefits: ▲ A 7% discount on the monthly fee of 5G plans (for up to 24 months; excludes LTE and Direct plans) ▲ 5% cashback or 12-month interest-free installment options with a maximum of 100,000 KRW when using BC, Samsung, or Shinhan cards. In addition, customers who purchase the Galaxy Watch Ultra or Galaxy Watch 7 from KT.com and activate their devices will receive a free Galaxy Buds Pro 3 on a first-come, first-served basis. First-time customers on KT.com will also receive an additional Galaxy Watch 5. KT explained that during the pre-order period, customers who watch the live broadcast of the Galaxy S25 series on KT.com and place an order will be entered into a raffle to win luxury prizes such as a Bottega Veneta card wallet, Chanel hand cream, and Hermes perfume. ◆ LGU+ Pre-installs AI Assistant 'ixi-o' ixi-o is an on-device (built-in) AI service launched in November of last year, offering features such as ▲ real-time voice phishing detection, ▲ AI search, ▲ AI call answering, ▲ visual caller ID, and ▲ quick AI summaries and suggestions. An additional feature, "AI search," which allows the AI to analyze call content and recommend related YouTube Shorts, will be added in February. LG U+ offers a benefit to customers through the "Phone Replacement Pass with New Galaxy AI Club" to reduce the burden of device replacement costs. By subscribing to this service, customers can receive up to 40% of the original price back when returning the device after two years. LG U+ is running several promotions for customers who pre-order the Galaxy S25 series on its official online store, 'Uplus.com.' Pre-order customers will receive a Uplus.com coupon worth up to 200,000 KRW, which can be used for the purchase and activation of the Galaxy S25 series. Additionally, customers who pay with a Samsung Card will receive up to 24-month interest-free installment benefits and a cashback offer worth 90,000 KRW. If customers return their used Galaxy smartphones and purchase the Galaxy S25 series, they can receive an additional 150,000 KRW on top of the existing trade-in value. Additionally, LG U+ will offer several prizes for customers who pre-order and activate their smartphones through Uplus.com, including a Galaxy Book5 Pro 360 Ultra7 (1 winner), LG CineBeam Cube (1 winner), an Hermes scarf (1 winner), and Starbucks Americano gift cards (first 10,000 customers). Meanwhile, the three major telecom companies, in collaboration with Samsung Electronics, are offering several benefits as standard. First, customers who pre-order the Galaxy S25 series will receive the "Double Storage" benefit, which allows them to upgrade from the 256GB model to the 512GB model for free. Samsung Electronics also offers the smartphone subscription service "New Galaxy AI Subscription Club." KT allows customers who purchase the Galaxy S25 series and choose the Galaxy Change Choice option to subscribe to "feel safeChange New Galaxy AI Club" (8,000 KRW per month). The "feel safeChange New Galaxy AI Club" service offers up to 50% compensation on the device price when customers return their old phone after two years when purchasing a new phone. LG U+ offers the "Phone Replacement Pass with New Galaxy AI Club." Customers who activate their devices and subscribe to the "Phone Replacement Pass" and provide additional consent will be able to use the "New Galaxy AI Club" for free. Customers of the New Galaxy AI Club can receive up to 40% of the original price back when they return their device after two years. ChatGPT를 사용하여 번역한 기사입니다.

2025-01-23 16:56:27 메트로신문 기자
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Hyundai Motor Achieves Record-High Revenue and Sales…Hybrid and Electric Vehicle Growth Lead the Way

Hyundai Motor recorded its highest-ever performance in both revenue and sales last year. Hyundai Motor announced on the 23rd that its revenue for the previous year reached an all-time high of 175.2312 trillion KRW, marking a 7.7% increase compared to the previous year. This is the highest revenue on record. The increase in revenue was primarily driven by the expanded sales of high-value models, a rise in average selling price (ASP), and favorable exchange rate effects. However, operating profit for the year was 14.2396 trillion KRW, down 5.9% from 2023. The operating profit margin also decreased from 9.3% in 2023 to 8.1%. Net profit stood at 13.2299 trillion KRW. Hyundai Motor's total sales for the previous year reached 4.141959 million units. The eco-friendly vehicle segment, driven by increased sales of hybrids and electric vehicles, grew by 8.9% compared to the previous year, reaching 757,191 units and leading the overall growth. In the domestic market, sales decreased due to the impact of economic slowdown and weakened consumer sentiment. However, in the North American market, sales increased by 4.4%, maintaining a strong growth trajectory. Hyundai Motor's revenue for the fourth quarter of last year was 46.6237 trillion KRW, an 11.9% increase compared to the same period the previous year. Operating profit was 2.8222 trillion KRW, a 17.2% decrease. Global wholesale sales in the fourth quarter totaled 1,066,239 units, a 2.2% decrease from the previous year. While the hybrid and electric vehicle segments continued to show growth, the slowdown in China and emerging markets is believed to have impacted the overall performance. A Hyundai Motor official stated, "Despite increased profit and loss volatility due to the rapidly changing external environment, we continue to grow as sales in the North American region expand and the share of hybrids continues to increase." Hyundai Motor has set its management goals for this year with a global sales target of 4.17 million units, a revenue growth rate of 3-4%, and an operating profit margin of 7-8%. Last year, Hyundai sold a total of 4.142 million units, and in 2023, it recorded sales of 4.217 million units. To achieve these goals, Hyundai plans to fully activate its local electric vehicle production system in North America, expand the sales of hybrids and electric vehicles, and focus on defending profitability. Hyundai Motor has outlined its commitment to continue investing for the future, even in the face of global crises such as increased macroeconomic volatility and growing uncertainties. The company plans to invest a total of 16.9 trillion KRW this year, focusing on responding to the transition to SDVs (Software-Defined Vehicles), building a U.S. electric vehicle supply chain, and securing continuous advancements in future technologies. A Hyundai Motor official stated, "Amid ongoing global economic uncertainties, we aim to establish a sustainable growth foundation through flexible management strategies centered around North America and the expansion of eco-friendly vehicles." Meanwhile, reflecting its strong performance, Hyundai Motor set the year-end dividend at 6,000 KRW per share. The total annual dividend for last year amounted to 12,000 KRW per share, marking a 5.3% increase compared to the previous year. Hyundai Motor plans to maintain a dividend payout ratio of over 25% to enhance shareholder value. ChatGPT를 사용하여 번역한 기사입니다.

2025-01-23 16:41:32 메트로신문 기자
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Hyundai and Kia Expect Record High Performance Amid Popularity of Eco-friendly Cars and SUVs…Moving to Respond to U.S. and Chinese Markets This Year

Hyundai Motor and Kia are continuing their strong performance, fueled by the booming eco-friendly vehicle market. With each quarter setting new record-high results, industry attention is focused on whether Hyundai and Kia will achieve unprecedented performance in the previous year. According to industry sources on the 22nd, Hyundai Motor and Kia are set to announce their annual results for last year on the 23rd and 24th, respectively. According to financial information provider FN Guide, securities firms estimate Hyundai's annual results to be approximately 173 trillion KRW in revenue and 14.8 trillion KRW in operating profit. Kia is expected to report about 106.9 trillion KRW in revenue and 12.8 trillion KRW in operating profit. If these estimated figures materialize, Kia will set record-high results in both revenue and operating profit. For Hyundai, the company is expected to achieve its highest-ever revenue figures. In 2023, the combined revenue of the two companies reached 262.472 trillion KRW, with operating profit of 26.7348 trillion KRW, marking their best-ever performance. While the possibility of surpassing 30 trillion KRW in annual operating profit seemed likely through the first half of last year, it appears that, based on the estimates, only revenue records have been broken this year. The continued upward trend in Hyundai Motor and Kia's performance can be attributed to a favorable external environment, including the sustained high exchange rates, as well as a strategic focus on selling high-value vehicles such as eco-friendly cars and SUVs. In particular, strong export performance in North America played a key role in driving the companies' improved results. However, it remains uncertain whether this upward trend will continue into this year. This year, the launch of the Trump 2.0 administration has increased policy uncertainty, which has raised concerns about the companies' performance. Despite increasing investments, such as expanding local production bases in the U.S., Hyundai failed to meet the origin requirements for batteries and key minerals used in eco-friendly vehicles. As a result, Hyundai's Ioniq 5, Ioniq 9, and Genesis GV70 electric models were excluded from the U.S. electric vehicle subsidy program. On his first day in office, U.S. President Donald Trump signed an executive order directing the repeal of electric vehicle subsidies, calling them "unfair." The only models from Hyundai and Kia that qualify for the subsidy in the U.S. are the Kia EV6 and EV9. In response, Hyundai Motor Group is focusing all its efforts on meeting the requirements for U.S. electric vehicle subsidy eligibility. A Hyundai Motor Group official stated, "By the second quarter of this year, we will meet the parts origin requirements and be eligible for the subsidy again." Hyundai Motor and Kia are also focusing on targeting the Chinese market to expand their global sales. Hyundai Motor is preparing to launch a China-exclusive electric vehicle this year, aiming to expand sales in China, the world's largest electric vehicle market. Industry experts analyze that Hyundai's Chinese joint venture, Beijing Hyundai, will release a China-exclusive electric SUV model this year, with the price expected to be set around 20 million KRW. Kia has continued to see steady sales growth in China, leveraging its electric vehicle (EV) technology. From January to November last year, Kia's electric vehicle sales in China reached 5,526 units, a 26-fold increase compared to the same period the previous year. Hyundai Motor Group Chairman Euisun Chung emphasized at the company's New Year's meeting earlier this year, "Since things went well last year, we don't have the luxury of being optimistic about this year," adding, "Simply trying to endure won't be a good strategy." This underscores the importance of responding quickly and flexibly to changes in the global automotive market. ChatGPT를 사용하여 번역한 기사입니다.

2025-01-22 16:31:55 메트로신문 기자
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Starting the Preparation of Subordinate Regulations Amid Equity Controversy Between Domestic Companies and Global Big Tech

"The discussion surrounding the AI Basic Law, which passed the National Assembly in December last year and was approved at the Cabinet meeting this month, is actively ongoing. The AI Basic Law is a law designed to foster the development of South Korea's AI industry and protect the rights and dignity of its citizens." / DALL-E generated image. 4o mini There is a controversy surrounding the AI Basic Law, with claims of reverse discrimination. The argument is that in a situation where global big tech companies are skillfully avoiding domestic laws in platform services, regulatory measures might unfairly target only domestic companies. The government has stated, "If foreign companies are not subject to regulation, domestic companies will not be either." According to the IT industry on the 22nd, concerns about reverse discrimination against domestic companies have been growing since the process of drafting subordinate regulations for the Artificial Intelligence Basic Law (AI Basic Law) on AI development and trust-building began. The Ministry of Science and ICT launched a task force on the 15th to draft the subordinate regulations for the AI Basic Law, which is scheduled to be promulgated this month and fully implemented in January of next year. The AI Basic Law serves as the foundation for policy support to foster the development of the AI industry, while also aiming to protect the rights and dignity of citizens from the potential risks of AI technology. It is the second AI-related law to be enacted in the world. The Ministry of Science and ICT plans to expedite the task force's work, aiming to complete the drafting of the subordinate regulations by June, well ahead of the deadline of December next year. The AI Basic Law has been one of the key pieces of legislation strongly advocated by the IT industry for swift enactment and implementation. However, the controversy over reverse discrimination arose after the law was enacted because of concerns that if its various regulations are applied only to domestic AI companies, it could put them at a disadvantage in competition with global big tech companies. Industry insiders argue that, while the urgent need for legislation to secure AI technology sovereignty and long-term support policies is clear, they are skeptical about whether there are ways to regulate and sanction global big tech companies within the framework of domestic law. In the past, global big tech companies, citing their foreign status, have either been subject to minimal enforcement of domestic laws or used loopholes to avoid them, paying less taxes and evading legal responsibilities compared to domestic companies. An IT service platform representative, Mr. A, stated, "The AI Basic Law has achieved the outcome of mandating foreign operators to designate domestic agents." However, he also expressed concerns, saying, "Domestic companies are ultimately forced to develop and provide services under the AI Basic Law, but under the development regulations, foreign companies will likely remain unaffected. This raises questions about whether the law is fair and equitable." The AI Basic Law strengthens regulations on foreign AI companies, requiring global big tech companies that impact the domestic market to designate a domestic agent. This is to ensure that these companies provide the necessary support for implementing the government's safety and reliability measures. Failure to designate an agent will result in a fine. The government plans to implement the AI Basic Law with a focus on "promotion" at 70-80% and "regulation" at 20-30%, aiming to alleviate the concerns of the IT industry. On the 21st, Kim Kyung-man, the Director of AI-Based Policy at the Ministry of Science and ICT, who attended the seminar on "Analysis and Evaluation of the AI Basic Law and Future Tasks" co-hosted by Kim & Chang Law Firm and the Korea Data Law and Policy Association, stated, "Regulations under the AI Basic Law that do not apply to foreign companies will not be applied to domestic companies either." He further explained, "For issues such as overlapping regulations or confusion in policy governance that slow down the changes and implementation of the system, we plan to address these promptly through the National AI Commission to ensure that there are no difficulties in competing with foreign companies." Park Min-chul, a lawyer at Kim & Chang Law Firm, expressed concern, stating, "The AI Basic Law is still at a stage where it is difficult to predict what regulations will be in place, leading to fears that it could become the starting point for further regulations." He added, "The subordinate regulations should be clarified while avoiding the addition of unnecessary content, and should be used as a mechanism to increase predictability." ChatGPT를 사용하여 번역한 기사입니다.

2025-01-22 16:26:13 메트로신문 기자
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"Short but Impactful" The Short-Form Drama Boom: China Leading, Will Korea Follow?

Short but impactful "short-form dramas" are changing the landscape of the global content market. In particular, as the short-form platform TikTok overcomes its survival crisis, attention is focused on whether the rapidly growing short-form drama market, primarily centered in China, will benefit from this trend. According to the "2024 China Short-Form Drama Industry Development White Paper" released by the China Internet Video Association on the 22nd, the size of China's short-form drama market reached approximately 50.44 billion yuan (about 10.037 trillion KRW) last year, showing a 35% growth compared to 2023. This surpasses the total size of China's film market in the same year, and it is expected to reach around 19 trillion KRW by 2027. ◆ AI and Localization Strategy: The Key to the Success of Chinese Short-Form Content China's leading short-form drama platform, "Lilshot," produces vertically formatted dramas with each episode lasting about one minute. This short, fast-paced format has become extremely popular among consumers who prefer quick and engaging content. Lilshot has especially gained attention in the U.S. market. In November of last year, it surpassed TikTok to become the most downloaded app in the U.S. with a total of 28.6 million downloads. In-app purchase revenue reached $80 million (approximately 105 billion KRW). Other Chinese short-form drama platforms, such as "DramaBox" and "GoodShot," continue to grow in the Chinese-speaking and Southeast Asian markets as well. The success of Chinese short-form dramas can be attributed to AI technology and localization strategies. AI technology has enabled high-quality content production while reducing costs and production time. Additionally, localized stories that reflect the cultural characteristics of each country, along with strategic partnerships, have accelerated their entry into the global market. Lilshot has attracted consumer interest with its reasonable pricing policy and a diverse range of content genres. Typically, a series consists of 70 to 80 episodes, with the first 58 episodes available for free. Subsequent episodes are offered for a fee, with the total viewing cost around $30 (approximately 40,000 KRW). The average production cost per series is only around $300,000 (approximately 400 million KRW), making it a highly profitable model. ◆ K-Content Takes on the Short-Form Market K-Content, which enjoys strong recognition in the global market, has also ventured into the short-form drama market. Since the launch of South Korea's first short-form drama platform, 'TopReels,' in April last year, 'BeagleU' and Watcha's 'ShotCha' have also actively entered the short-form market. TopReels is operated by Fox Media, a subsidiary of the game distributor NeoRidge, and offers not only original dramas such as "My Revenge Partner" and "Acquired Four Men" but also Chinese short-form dramas. BeagleU is the first domestic short-form platform to enter the Japanese market, offering around 90 dramas in seven languages, including English, Japanese, and Chinese. Recently, it gained recognition for its growth potential by securing an investment of approximately 120 billion KRW from Krafton. In particular, ShotCha has attracted attention as Watcha was the first domestic OTT platform to step into the short-form drama market. TVing is also preparing to enter the market by planning original short-form dramas. However, the lack of independent platforms and limited experience in large-scale production are seen as major obstacles in the Korean short-form market. An industry expert positively assessed the potential of short-form dramas as a new growth driver for the Korean content industry, emphasizing, "Strengthening production capabilities through global collaboration and adopting a content strategy that highlights the unique appeal of short-form dramas are essential." ChatGPT를 사용하여 번역한 기사입니다.

2025-01-22 14:05:44 메트로신문 기자
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Unpacked D-2, Key Points to Watch? Focus on the Smarter AI Phone and the Debut of XR Devices

IT tipster Evan Blass posted a photo on his social media, which is believed to be a promotional image of the Galaxy S25 series. / Evan Blass X 4o mini As the Galaxy Unpacked event approaches, attention is focused on the new products to be revealed. The upgraded 'Galaxy S25' series, featuring advanced artificial intelligence (AI) capabilities, is expected to be Samsung Electronics' flagship release. With this, Samsung aims to find a breakthrough in the smartphone market and gain a competitive edge. In addition, anticipation is rising for the unveiling of the second-generation 'Galaxy Ring' and Samsung's first mixed reality (XR) product, the 'Moohan' headset. According to industry sources on the 21st, Samsung Electronics will hold the "Samsung Galaxy Unpacked 2025" event on the 22nd (local time) in San Jose, USA, where the new Galaxy S25 series will be unveiled. The event will take place at 3 AM Korean time on the 23rd. The Unpacked event will be themed "The Next Big Leap in Mobile AI Experience," showcasing the new AI features that will be integrated into the Galaxy S25. The biggest features of the upcoming Galaxy S25 series are its redesigned look, significantly upgraded AI capabilities, and camera improvements. The lineup is expected to include the same models as the previous generation: ▲ Galaxy S25, ▲ Galaxy S25 Plus, and ▲ Galaxy S25 Ultra, with the addition of a new ▲ Galaxy S25 Slim model. Samsung Electronics has traditionally offered three models: the standard, Plus, and Ultra. However, in order to break through in the smartphone market, which is currently focused on thickness competition, Samsung has expanded its lineup by adding the "Slim" model. The biggest change is in the design. While the previous Galaxy S25 series featured sharp, angular corners, it is expected that the new series will adopt a more rounded design. Samsung hinted at this change in a recent video for the Galaxy S25 Unpacked invitation, showcasing the alignment of four smartphones, suggesting a shift in the design. The Galaxy S25 features a 6.2-inch Dynamic AMOLED 2X flat display and weighs 162g. The Galaxy S25 Plus, on the other hand, comes with a 6.7-inch display supporting a 120Hz refresh rate and WQHD resolution, with a weight of 190g. One of the key features of the upcoming Galaxy devices is the advanced AI capabilities and enhanced camera performance. Last month, Samsung introduced key features of its next-generation 'Galaxy AI,' including 'Nowva' and the 'Personal Data Engine.' 'Nowva' is a new notification system that displays the user's real-time activities, such as their schedule, music listening, translations, and health data, directly on the smartphone's lock screen. It is predicted that the voice assistant "Bixby" embedded in the Galaxy S25 will be integrated with Samsung's large language model (LLM) "Gauss" or Google's LLM "Gemini." While Bixby has previously been capable of only simple commands, combining it with an LLM model will enable it to perform more complex tasks. In addition, a "text conversion" feature, which transcribes call content into text, will be added. The scope of features such as text summarization and grammar and spelling checks, which were previously available on individual apps, is expected to expand across the entire device. These AI features will be enabled by Qualcomm's "Snapdragon 8 Elite," which will be integrated into all Galaxy models. The industry analyzes that this chip will see a 40% improvement in GPU performance and a 45% enhancement in AI capabilities compared to the previous generation, the Snapdragon 8 Gen 3. Additionally, Samsung is expected to unveil the upgraded second-generation Galaxy Ring. The new Galaxy Ring will include size options 14 (diameter 23mm) and 15 (diameter 23.8mm), bringing the total number of available sizes to 11. In addition, there is growing attention on whether Samsung will unveil its first XR (extended reality) product at this Unpacked event. Samsung has been developing an XR headset under the project codename "Moohan." While details on the headset's size, screen resolution, and other specifications remain unclear, it is expected to feature a Qualcomm Snapdragon chipset, as it has been developed in collaboration with Google and Qualcomm. Last month, Google revealed prototype images of the headset. While similar to Apple's Vision Pro, the key difference lies in its design, which includes large lenses and a headband for improved comfort during wear. Meanwhile, the price of Samsung's latest premium smartphone, the Galaxy S25 series, is expected to be similar to that of its predecessor. For the Galaxy S24, the prices were 1,155,000 KRW for the standard model, 1,353,000 KRW for the Plus, and 1,698,400 KRW for the Ultra. If predictions hold, the 256GB model of the Galaxy S25 is likely to be priced similarly. ChatGPT를 사용하여 번역한 기사입니다.

2025-01-21 16:33:25 메트로신문 기자
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[Trump's Blade] K-Industry at a Crossroads…Secondary Batteries and Steel 'Uncertain' vs. Shipbuilding and Power 'Bright'

President Donald Trump has begun his second term. As a result, the tariff hikes and protectionist policies that the Trump 2.0 administration had previously warned about are expected to impact the entire domestic industry. While some sectors are expressing concerns and tension due to the uncertainty surrounding Trump's return to power, there are also voices expecting potential benefits. According to industry sources on the 21st, with U.S. President Donald Trump officially inaugurated as the 47th president on the 20th (local time), domestic companies highly dependent on exports to the U.S. are facing heightened concerns. During his inauguration speech, President Trump had indicated trade policy reforms through the imposition of tariffs. Given this situation, there is widespread belief that domestic industries heavily reliant on the U.S. market will find it difficult to avoid the impact. ◆ Growing Tension in Secondary Battery and Steel Industries Amid Uncertainty in U.S. Exports The industry most focused on the Trump risk is the secondary battery sector. In his inaugural speech, President Trump stated, "We will end the Green New Deal and revoke the mandate for electric vehicles to revive the automotive industry and honor a sacred pledge to the great American auto workers." The Green New Deal refers to the Biden administration's policy for environmentally sustainable economic growth. Nevertheless, the industry believes that President Trump's statement about "ending the Green New Deal" does not necessarily imply the repeal of the U.S. IRA (Inflation Reduction Act). Repealing or modifying the IRA would not be possible through an executive order alone, and would require a process involving agreement and voting in both the House and Senate. Considering the differences in the number of seats in the House, analysts believe that such a move is unlikely to be realistic. Therefore, it is argued that assuming the repeal of the IRA based solely on the phrase "ending the Green New Deal" is an overstatement. However, a gradual reduction in electric vehicle subsidies is considered inevitable. There is increasing concern that this could negatively impact the profitability of domestic battery companies such as LG Energy Solution, Samsung SDI, and SK On, which have been increasing investments, including establishing local factories in the U.S. The Korea Institute for Industrial Economics and Trade predicts that battery exports could decline by 6.1% to 25.2% following the start of the Trump 2.0 administration. The steel industry is also closely monitoring the potential introduction of universal tariffs and carbon taxes. President Trump has made it clear that he intends to impose up to a 60% tariff on Chinese products, signaling his firm stance on containing China. The problem is that South Korean steel products, due to the carbon-intensive nature of the industry, will likely be affected by carbon taxes as well. Steel companies are expressing concerns about additional cost burdens and the potential weakening of export competitiveness. Currently, the U.S. applies a quota system to South Korean steel products. Under the Trump 1.0 administration, the quota system limited the amount of steel imported from South Korea, allowing domestic companies to benefit from duty-free access for 2.63 million tons of steel. However, if carbon taxes are applied to the limited export volume, the cost of the finished products would rise, making it difficult to maintain price competitiveness in the U.S. market. ◆ Shipbuilding and Power Industries Find 'Growth Drivers' in Trump's Re-election On the other hand, there are industries that are welcoming President Trump's re-election. Notably, the shipbuilding industry is expected to benefit from a double boost, with increased demand for eco-friendly ships and President Trump's cooperation requests further enhancing the outlook. In his inaugural speech, President Trump emphasized, "We will declare a national energy emergency and expand oil and natural gas drilling extensively." Additionally, in a phone call with President Yoon Suk-yeol in November 2024, he mentioned, "The U.S. shipbuilding industry needs South Korea's help and cooperation." Last month, President Trump also stated, "I am well aware of South Korea's world-class capabilities in building warships and vessels," adding, "I believe close cooperation with South Korea is necessary not only in ship exports but also in the areas of maintenance, repair, and servicing." Especially as President Trump places emphasis on traditional energy and fossil fuel-based industries, the demand for liquefied natural gas (LNG) and LPG carriers is expected to increase. Domestic shipbuilding companies such as HD Hyundai Shipbuilding & Marine Engineering, Hanwha Ocean, and Samsung Heavy Industries possess the technical capabilities to build around 80% of the world's LNG carriers, and are expected to strengthen their market position in the LNG carrier construction sector. Power equipment companies are also among the industries expecting to benefit from Trump's re-election. This is because President Trump's return to power has accelerated the replacement of power demand in the North American region. President Trump stated, "I will invoke emergency powers to secure the electricity needed for industrial development." Additionally, the day before his inauguration, President Trump stated, "I will use emergency powers to allow wealthy companies and individuals to build large factories and AI factories," and added, "We need twice as much energy, and perhaps even more." As the need for expanding the power grid grows, driven by the strengthening of the AI industry's foundation, U.S. power demand is rapidly increasing. In fact, the U.S. import value of power equipment rose significantly, from $164.34 million in January 2024 to $333.18 million in November of the same year. South Korea ranks as the second-largest importer, accounting for 12% of the total import value, and the overall trend is on the rise. Additionally, the increasing need for power equipment in the process of integrating renewable energy sources into the power grid is a positive factor for the industry. Furthermore, as the U.S. replaces its aging power infrastructure, there is rising demand for transformers, which is expected to benefit the power equipment sector. An industry insider stated, "The concerns over the tariff wars due to President Trump's re-election and the U.S.-China conflict are intertwined, meaning that the entire domestic industry will inevitably be significantly impacted." They continued, "In particular, in response to the changing global economic environment, domestic companies are adopting various strategies such as supply chain restructuring and expanding new businesses, but it is expected that, in the short term, it will be difficult to avoid overall confusion in the industry." ChatGPT를 사용하여 번역한 기사입니다.

2025-01-21 16:14:53 메트로신문 기자
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"Joint Growth" Hyundai and Kia: First-Tier Supplier Sales Exceed 90 Trillion KRW…"Continuing to Expand Global Competitiveness"

The sales of small and medium-sized first-tier suppliers directly providing parts to Hyundai and Kia surpassed 90 trillion KRW for the first time in 2023. Hyundai and Kia announced on the 21st that the combined sales of 237 small and medium-sized first-tier suppliers, as of 2023, amounted to 90.297 trillion KRW. This marks a 326% increase compared to 21.1837 trillion KRW in 2001. Once the final business performance figures for the suppliers are confirmed, the annual sales figure is expected to be even higher. The sales figures were compiled by analyzing the 2023 business performance of 237 small and medium-sized suppliers, excluding Hyundai Motor Group affiliates, companies with less than 10% revenue dependency on Hyundai and Kia, and non-specialized parts manufacturers among Hyundai and Kia's domestic first-tier suppliers. When adding the sales from the 2nd and 3rd-tier suppliers, which total around 5,000, the overall scale exceeds 100 trillion KRW. The 237 suppliers have also shown growth alongside Hyundai and Kia in terms of key financial indicators such as asset size and debt ratio. In 2023, their combined sales exceeded Hyundai's sales of 78.0338 trillion KRW by more than 12 trillion KRW and accounted for 66% of the combined sales of Hyundai and Kia, which totaled 136.5537 trillion KRW. The analysis, based on the Bank of Korea's input-output table (2022 extended version), shows that the sales of the 237 suppliers (90.297 trillion KRW) have contributed significantly to the national economy. The production inducement effect was estimated at 237.8 trillion KRW, and the value-added inducement effect reached 55.6 trillion KRW. The employment inducement effect is estimated to be around 600,000 jobs. The trend of individual suppliers becoming larger is becoming more evident. The average sales per supplier, which was 73.3 billion KRW in 2001, increased to 239.1 billion KRW in 2013 and was recorded at 381 billion KRW in 2023. The proportion of suppliers with sales exceeding 100 billion KRW has grown from 62 companies (21%) in 2001 to 160 companies (68%) in 2023. Hyundai and Kia have maintained an average transaction period of 35 years with their suppliers. This is about three times longer than the average operational lifespan of 13.5 years for international small and medium-sized manufacturers. Additionally, 36% of their suppliers have been in business with them for over 40 years. In addition, Hyundai and Kia have established local production plants in key global regions such as the U.S., Europe, India, Brazil, and Mexico. By supporting not only first-tier suppliers but also second-tier suppliers in their expansion, they have contributed to helping their suppliers secure global competitiveness. A Hyundai Motor Group official explained, "The growth of our suppliers is a result of increased production volumes following Hyundai and Kia's global sales growth, as well as leveraging the trust of being a Hyundai and Kia supplier to increase supply to other overseas automakers, thereby creating various revenue streams." He continued, "We will support sustained growth based on our philosophy that joint growth with suppliers is the source of automotive competitiveness and on long-term partnerships." ChatGPT를 사용하여 번역한 기사입니다.

2025-01-21 15:41:13 메트로신문 기자