Number of Homes Purchased for Victims of Jeonse Fraud Rises to 9,033 The Ministry of Land, Infrastructure and Transport announced on June 9 that it held three full meetings of the Jeonse Fraud Victim Support Committee in May, reviewing 1,609 cases. Among these, 618 cases were ultimately approved as victims of jeonse fraud. While support for victims is increasing, the scale of the damage remains significant. Of the 618 approved cases, 579 were new applications or reapplications. The remaining 39 cases were those that had previously been denied but were la June 9, 2026

Seoul Food 2026: 1,800 Food Companies from 49 Countries Participate, $650 Million in Export Consultations The South Korean government is accelerating the expansion of consumer goods exports, including K-food, as it aims to strengthen its position in the global export market. The Ministry of Trade, Industry and Energy, along with the Korea Trade-Investment Promotion Agency and the Ministry of Agriculture, Food and Rural Affairs, announced on June 9 that the '2026 Seoul International Food Industry Exhibition (Seoul Food 2026)' will take place until June 12. Now in its 44th year, Seoul Food 20 June 9, 2026

Will the U.S. and Iran Face Off in the World Cup? Soccer Fans Eye Dallas As the United States and Iran continue to exchange missiles amid ongoing conflict, the possibility of a World Cup match between the two nations looms. If the game occurs, it could take place on July 3 at 2 p.m. in Dallas, Texas. Texas ABC affiliate KVUE reported on June 6 about the potential matchup in Dallas. The U.S. is in Group D with Paraguay, Australia, and Turkey, while Iran is in Group G with Belgium, Egypt, and New Zealand. If both teams finish second in their respective groups, th June 9, 2026

Can Hyundai Motor Group Break the Cycle of Development Failures in Saemangeum? Can Hyundai Motor Group end the tragic history of development failures in Saemangeum? As the company embarks on a project to establish a physical AI hub in the Saemangeum area of North Jeolla Province, there is growing interest in whether this initiative can provide new momentum for a development effort that has languished for decades. According to industry sources, the Saemangeum development project began in November 1991 with the construction of the world's longest seawall (33.9 km) to cr June 9, 2026

Seongju to Become a Hub for Physical AI as 83% of Development Regulations Lifted In a collaborative effort between the public and private sectors, more than 83% of the regulatory barriers hindering the establishment of an artificial intelligence (AI) smart city in Seongju have been dismantled in the past two months. The remaining ten or so issues, including farmland acquisition and environmental assessments, are expected to be resolved within the year. Hyundai Motor Group has decided to invest approximately 9 trillion won to develop Seongju into a hub for physical AI, June 9, 2026

New Regulations Pave Way for AI Development in Saemangeum In a collaborative effort, the public and private sectors have successfully dismantled over 83% of the regulatory barriers affecting the establishment of an artificial intelligence (AI) smart city in Saemangeum within the past two months. The remaining ten or so issues, including farmland acquisition and environmental assessments, are expected to be resolved by the end of the year. Hyundai Motor Group has decided to invest approximately 9 trillion won to develop Saemangeum into a hub for June 9, 2026

Hyundai Chooses Saemangeum for AI and Robotics Hub Powered by Renewable Energy Hyundai Motor Group has selected Saemangeum as the site for its next-generation hub for artificial intelligence (AI) and humanoid robots, primarily due to its potential for renewable energy. To enhance the competitiveness of physical AI, continuous learning for robots and autonomous vehicles is essential, which requires a stable power supply. The establishment of a robotics, AI, and hydrogen energy ecosystem in Saemangeum, with its ample sunlight and vast development space, could invi June 9, 2026

SK hynix Expands HBM4 Production with $33 Million Order from Hanmi Semiconductor SK hynix is set to enhance its production capacity for the sixth generation of high-bandwidth memory (HBM), known as HBM4, by acquiring key equipment from Hanmi Semiconductor. This move is seen as a proactive investment to meet the rising demand for NVIDIA's next-generation AI accelerators. On June 8, Hanmi Semiconductor announced that it received an order from SK hynix for the 'TC Bonder 4.5 Griffin' equipment, specifically designed for HBM4 manufacturing. The contract is valued at 44. June 8, 2026

The Future of Agriculture Transformed by Economic Viability Agriculture can no longer rely solely on experience and tradition. Climate change has increased production uncertainties, and rural areas are aging rapidly. Coupled with labor shortages and rising production costs, the burdens on the agricultural sector are growing. In light of these changes, traditional methods are proving inadequate. Agriculture must now evolve into an industry driven by science, technology, and data. The Rural Development Administration (RDA) has proposed a vision of "vibran June 8, 2026

NVIDIA's Jensen Huang Sees Huge Demand for AI Factories Amid Partnerships with SK, Hyundai, LG, and Doosan Jensen Huang "Sees Huge Demand for AI Factories"... SK, Hyundai, LG, Doosan Form Alliances Jensen Huang, CEO of NVIDIA, met with leaders of major South Korean companies on the last day of his visit on June 8, aiming to establish a comprehensive "AI alliance." Huang summarized the purpose of his four-day trip, stating, "We need to build more AI factories," and emphasized the significant global demand for AI factories, noting that business is thriving. Huang held consecutive meetings with e June 8, 2026