Korea Joongang Daily
Korea JoongAng Daily

SoftBank CEO's warning highlights Korea's energy insecurity in AI era

SoftBank Chairman Masayoshi Son and the IEA warn Korea faces energy challenges as it advances in AI. Issues like an isolated grid, geographical constraints and regulatory structures hinder renewable expansion and stability.

2025-12-09

Industry Ministry, ARM sign deal to train over 1,400 chip specialists in Korea

Korea signed an agreement with British chip design giant ARM on Friday to train more than 1,400 specialists as part of a wider push to reinforce its semiconductor ecosystem, government officials said.

2025-12-05

President Lee discusses AI plan with Softbank CEO Son in Seoul

President Lee Jae Myung said he plans to make AI a basic national utility, outlining a vision for universal access to the technology during talks with SoftBank CEO Masayoshi Son in Seoul on Friday.

2025-12-05

Lee to meet SoftBank's Son Friday to discuss tech cooperation

President Lee Jae Myung is set to meet Japanese internet giant SoftBank Group's founder and CEO Masayoshi Son later this week to discuss cooperation in AI, semiconductors and infrastructure investment, Lee's office said Thursday.

2025-12-04

Japan's SoftBank says it has sold its shares in Nvidia for $5.8 billion, turning its focus to OpenAI

Japanese technology giant SoftBank said Tuesday it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments. It also reported its profit nearly tripled in the first half of this fiscal year from a year earlier.

2025-11-12

Korea's top business leaders to visit U.S. to help break tariff negotiation deadlock

Top Korean conglomerate leaders are heading to the United States this week to help break a deadlock in Korea-U.S. tariff negotiations and to discuss a proposed $400 billion AI infrastructure project led by SoftBank.

2025-10-16

Japan-U.S. AI memory chip consortium poses isolation risk to Korea

In a bold move to reclaim its once-dominant position in the chip industry, Japan is taking aim at the crown jewel of Korea’s semiconductor sector — memory chips for artificial intelligence (AI).

2025-06-02

OpenAI CEO holds AI summit with chiefs of Samsung, SoftBank in Seoul

OpenAI CEO Sam Altman met with Samsung Electronics' Lee Jae-yong and SoftBank's Masayoshi Son in Seoul to discuss AI collaboration after formalizing an AI partnership with Kakao on Tuesday.

2025-02-04

SoftBank, Korean conglomerates to join $130 million investment fund for AI startups

Korean conglomerates such as SK Networks, LG Electronics, Hanwha Financial and Japan’s SoftBank will join a $130 million fund to invest in AI startups by the end of the month, according to Nikkei Asia and local industry sources.

2024-08-16

No agreement yet with Naver on Line Yahoo stake reduction, SoftBank CEO says

SoftBank CEO Junichi Miyakawa said on Thursday that the company has not yet reached a consensus with Naver regarding the reduction of the Korean company’s equity in Line Yahoo (LY), the Tokyo-based operator behind Japan’s top messaging app Line.

2024-06-20