Lee Jae-yong and Choi Tae-won Gather at Google Camp in Italy, Boosting Big Tech AI Alliance Lee Jae-yong, chairman of Samsung Electronics, and Choi Tae-won, chairman of SK Group, are expanding their global presence from the United States to Sicily, Italy. According to industry sources on July 27, the two leaders are set to attend the exclusive tech CEO gathering known as 'Google Camp' at the Rocco Forte Verdura Resort in Sicily at the end of this month. This annual event, hosted by Google founders Larry Page and Sergey Brin, brings together global information technology (IT) leaders July 27, 2026

ChabioTech Selected for Ministry of Science's AX One-Stop Voucher Program ChabioTech has been selected for the Ministry of Science and ICT's 'AX (AI Transformation) One-Stop Voucher' support program. The company plans to implement a generative artificial intelligence (AI)-based manufacturing and quality control (CMC) regulatory document automation system to enhance the efficiency of cell therapy development and regulatory processes.On July 27, ChabioTech announced that it is forming a consortium with Naver Cloud, Persona AI, and MediAI Plus to develop a software-as-a- July 27, 2026

EcoPro HN to Supply $27.5 Million RCS to Samsung E&A EcoPro HN will supply a centralized greenhouse gas reduction system (RCS) to Samsung E&A. The contract is valued at 33 billion won, and the equipment will be implemented at domestic semiconductor companies.On July 27, EcoPro HN announced through a public disclosure that it has signed a contract with Samsung E&A for the supply of RCS. The Regenerative Catalytic System (RCS) is a large-scale greenhouse gas reduction system designed to process perfluorocarbons (PFCs) generated during semiconductor July 27, 2026

Government Accelerates National Agricultural AI Platform Development, Selects Consortium The government has finalized its private partner to lead a large-scale national agricultural artificial intelligence (AI) transformation project. The Ministry of Agriculture, Food and Rural Affairs announced on July 27 that it has selected the 'Jeonnam Gwangju Integrated Special City Consortium' as the private participant in the national agricultural AI platform project and has signed an implementation agreement. The selected consortium includes companies such as Daedong, Daedong AgriTech, July 27, 2026

Korea's Hankook & Company Considers Acquisition of Lotte Rental Hankook & Company, the holding company of the Hankook Tire Group, is reportedly considering the acquisition of Lotte Rental, the leading rental car company in South Korea.According to industry sources on July 27, Hankook Tire has begun internal reviews for the potential acquisition of Lotte Rental, which is currently up for sale.Internally, the company is assessing the business viability based on the growth potential of the rental car sector and the benefits of expanding its business portfolio.T July 27, 2026

Samilp Introduces Three New 'Bespoke Breads' Tailored for Everyday Situations Samilp has announced the launch of three new products called 'Bespoke Breads' designed for various everyday situations.The term 'bespoke' originates from custom tailoring, meaning 'made to suit the tastes and needs of the customer.' Samilp has applied this concept to its bakery products, creating breads that fit into different consumer scenarios. The development process incorporated common life situations to ensure the flavors, sizes, and packaging designs are appropriate for each context.The 'B July 27, 2026

K-Democratic Party's Capital Market Committee to Reassess Leverage ETFs The Democratic Party's K-Capital Market Special Committee has decided not to pursue immediate delisting or a reduction in leverage ratios for single stock leverage products, opting instead to first evaluate the effectiveness of the government's announced supplementary measures. However, the committee stated that using the term 'ETF' (exchange-traded fund) for these products is inappropriate and plans to redefine the terminology and promote self-regulation against exaggerated advertising.On July July 27, 2026

Financial Supervisory Service Investigates L&F's Disclosure of Supply Contract The Financial Supervisory Service's Capital Market Special Investigation Unit has conducted a search at the Korea Exchange regarding allegations related to L&F's disclosure of a supply contract. On July 27, sources in the financial investment industry reported that the special investigation unit visited the Korea Exchange in Yeouido, Seoul, to secure disclosure documents submitted by L&F and related materials from the disclosure review process. This search is part of a fact-finding investigati July 27, 2026

UK Prime Minister Andy Burnham Meets with Ukraine's Zelensky in First Foreign Visit Andy Burnham, the newly appointed Prime Minister of the United Kingdom, is set to meet with Ukrainian President Volodymyr Zelensky in his first foreign engagement since taking office.According to the Guardian on July 26, Burnham will hold talks with President Zelensky on July 27 at a British naval base where Ukrainian forces have been training.Zelensky will be the first foreign leader to visit the UK since Burnham's inauguration last week. The new Prime Minister has pledged to continue the suppo July 27, 2026

IBK Industrial Bank Reports 4.4% Drop in First Half Profit Amid Currency Fluctuations IBK Industrial Bank's net profit for the first half of the year decreased due to increased currency evaluation losses and higher loan loss provisions. However, the bank's outstanding loans to small and medium-sized enterprises (SMEs) surpassed 270 trillion won for the first time, marking a record market share in SME financing. On July 27, the bank announced that its consolidated net profit for the first half of the year was 1.44 trillion won, a 4.4% decline compared to the same period last yea July 27, 2026