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OpenAI and Anthropic Refuse to Join Distillation Regulation Opposition Amid China's Push Twenty-five major U.S. tech companies issued a statement opposing regulations on AI model "distillation" technology, but leaders like OpenAI and Anthropic did not sign. As the U.S. AI industry divides over openness and regulation in response to China's distillation push, South Korea finds itself unable to align with either side due to a growing atmosphere of self-censorship regarding the adoption of distillation.According to the IT industry on July 26, companies including Nvidia, Microsoft, Meta, Palantir, Dell Technologies, IBM, Hugging Face, Mistral, and Andreessen Horowitz released a joint letter on July 24, stating that "hasty restrictions on open-weight AI models could stifle competition or drive innovation overseas."Distillation is a technique that trains smaller, lighter models using the output of larger models. The companies described distillation as "a widely used technique that plays a crucial role in AI innovation," arguing that concerns about illegal distillation should be addressed through targeted legal and commercial frameworks rather than comprehensive regulations. Nvidia CEO Jensen Huang and Microsoft CEO Satya Nadella also shared the letter on their personal social media accounts to lend support.The letter makes three main points: 1) open-weight models are essential for maintaining U.S. AI leadership; 2) they are safer than closed models because they can be verified by multiple researchers; and 3) distillation has been a standard practice since the era of open-source software.Box CEO Aaron Levie, a signatory, stated that "the more innovation there is, whether in the U.S. or China, the more affordable and efficient AI will become." In contrast, OpenAI, Anthropic, Google, and xAI did not sign the letter, highlighting a divide between leading companies focused on closed models and those with vested interests in the open-weight ecosystem. Notably, OpenAI and Anthropic have prohibited the distillation of their models in their service agreements.The backdrop to this statement is the shock from China's Moonshot AI's Kimi K3. After Kimi K3 demonstrated performance comparable to top U.S. models when unveiled on July 16, Michael Kratsios, head of the White House Office of Science and Technology Policy, claimed on July 22 that Moonshot AI had distilled Anthropic's Claude model to develop Kimi K3.Kratsios pointed out that Moonshot AI has built a sophisticated internal platform to evade detection by switching access routes and raised suspicions that it obtained banned Nvidia GB300 servers via Thailand. U.S. Treasury Secretary Scott Vessen also suggested that sanctions could be imposed if illegal distillation is confirmed.This is not the first controversy surrounding distillation from China. On February 24, Anthropic revealed that three Chinese AI companies—DeepSeek, Moonshot AI, and MiniMax—used approximately 24,000 fake accounts to collect over 16 million outputs from Claude. MiniMax was responsible for about 13 million of those outputs, and there were indications that the new Claude model was altering its response patterns within 24 hours of its release. The U.S. industry views this as evidence that China is leveraging distillation at a national level to circumvent its overwhelming capital gap.In South Korea, the atmosphere is markedly different. Following controversies over theft and derivation in the Ministry of Science and ICT's independent AI foundation model (Dopamo) project, there is a growing trend of self-censorship regarding the adoption of distillation.On January 15, the Ministry announced that the Naver Cloud and NC AI consortium was eliminated in the first phase evaluation of Dopamo. A key factor was the high similarity between the vision encoder weights of Naver Cloud's "HyperCLOVA X Seed 32B Sync" model and Alibaba's "Qwen 2.4" series. Upsstage also faced allegations that parts of its "Solar Open 100B" model were similar to China's Zhipu AI's "GLM-4.5-Air," although the accuser later acknowledged a lack of evidence and apologized three days later. Both cases are more about allegations of theft and derivation due to weight similarity rather than distillation itself, but they have contributed to a growing reluctance to adopt distillation domestically, according to industry insiders.The issue is that South Korea's AI development capital significantly lags behind that of the U.S. and China. Even combined government budgets and corporate investments fall short of the scale of individual investments by global tech giants, making efficiency through distillation necessary. However, within the competitive landscape among domestic companies, prioritizing relative advantage over objective performance complicates the introduction of distillation, which could lead to reporting among competitors.Unlike the U.S., which invests astronomical capital, and China, which fosters corporate collaboration through state leadership, competition among domestic companies is reportedly dragging down the level of AI models.Meanwhile, the second phase evaluation of Dopamo is set to begin in early August, with four consortiums including SK Telecom, LG AI Research, Upsstage, and Motif Technology participating.* This article has been translated by AI. 2026-07-26 17:28:00 -
Naver Secures $10 Billion Investment from Nvidia and Brookfield for Global AI Expansion Naver is poised to transition from a domestic search and commerce-focused internet platform to a global artificial intelligence (AI) infrastructure and platform company. With investments from Nvidia and global alternative asset manager Brookfield, Naver plans to establish a 'sovereign AI' ecosystem that is not dependent on specific global tech giants or nations, while expanding its data center, cloud, and AI capabilities into the global market.On July 26, the information technology (IT) industry reported that Lee Hae-jin, chairman of Naver's board, announced at the 'AI San Francisco Summit' hosted by President Lee Jae-myung on July 24 in San Francisco that the company secured a total investment of $10 billion (approximately 14.7 trillion won) from Nvidia and Brookfield.During the meeting at Nvidia's headquarters, Lee and Naver executives, including CEO Choi Soo-yeon, discussed plans to expand a global AI factory with Nvidia CEO Jensen Huang. Naver aims to leverage the capital, technology, and global networks of both companies to build a gigawatt (GW)-scale AI factory and expand its global AI infrastructure business.Lee emphasized that this investment marks a significant change for Naver as it enters a new phase. Analysts believe that the global brands and networks of Nvidia and Brookfield will serve as a springboard for Naver to expand its technological and operational expertise on a global scale.This investment is expected to not only fund Naver's GW-scale AI factory but also assist the company in entering the global market. The AI factory will combine large-scale GPUs, networks, and power and cooling facilities with AI models and cloud services to provide computational power for AI training and inference. Naver previously announced plans to begin operations of a 55-megawatt (MW) AI factory in the first half of next year, with a goal of achieving a total infrastructure of 1 GW by 2028.With this investment, Naver can now expand its 30 years of accumulated data center, cloud, and AI technology into global operations. Although Naver has built its capabilities in search, commerce, and content services, it has faced limitations in entering and expanding in the global market due to a lack of large capital and overseas business networks.As Naver's global AI factory takes shape, its data centers are expected to evolve from providing infrastructure for its own services to offering AI computational resources and cloud services to external clients as a revenue-generating business. The scope of operations will also expand from portal services like search and commerce to supporting AI development as a production platform, transforming Naver from a domestic internet market player to a global AI infrastructure provider.Industry observers note that Naver's global business targets may extend beyond foreign companies to include national-level initiatives aimed at building independent AI ecosystems. At the AI San Francisco Summit, Lee stressed the importance of respecting the diversity of AI technologies and services among nations, companies, and groups. This suggests that Naver aims to differentiate itself in the sovereign AI market by reflecting the languages, cultures, systems, and data sovereignty of various countries, rather than competing solely on the performance of general AI models.Lee stated, "The internet world that Naver envisions is not one dominated by one or two groups. To preserve the diversity of the world, various AIs must emerge and operate for each nation, group, and individual. Naver will do its utmost to create a world where diverse AIs coexist in collaboration with global companies."* This article has been translated by AI. 2026-07-26 17:28:00
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Strengthened South Korea-U.S. AI Value Chain: From Neural Networks to Humanoids The AI alliance between South Korea and the United States has taken a significant step forward during the AI Summit in San Francisco. Major South Korean companies, including Samsung, SK, and Hyundai, reaffirmed their partnerships with leading U.S. tech firms such as Google, NVIDIA, and Waymo to develop AI infrastructure. This strong integration of the South Korea-U.S. AI value chain is expected to help domestic companies maintain leadership in the upcoming era of Physical AI.According to industry sources, the economic cooperation resulting from President Lee Jae-myung's visit to San Francisco is estimated to be worth $950 billion (approximately 1,400 trillion won). The plans encompass essential areas for AI infrastructure, including advanced semiconductor manufacturing, autonomous vehicles, Physical AI, and the establishment of AI data centers. Companies like Samsung, SK, and Hyundai aim to combine U.S. core technologies with South Korea's advanced memory, manufacturing foundry, and humanoid AI capabilities to secure a foothold in the global AI market.Samsung Electronics plans to build the 'brain' of AI infrastructure based on its world-class 'turnkey solutions' that encompass memory, foundry, and advanced packaging. A notable example is the $200 billion contract with Broadcom for advanced memory semiconductor supply and foundry services for AI chip production. Additionally, Samsung will supply high-performance memory for AI accelerators designed by Broadcom and expand collaboration in AI semiconductor production using advanced foundry processes.Lee Jae-myung, chairman of Samsung Electronics, stated at the AI Summit, "If we combine the strengths of South Korea and the United States, we can innovate faster, grow larger, and solve more complex problems. We will strengthen global cooperation across borders to build a perfect ecosystem for cutting-edge semiconductors, reliable data centers, and abundant power for the AI era."SK Group and NVIDIA are pursuing a comprehensive partnership worth $500 billion, covering everything from AI factory construction to next-generation AI memory supply. NVIDIA will supply next-generation GPUs for SK Telecom's AI factory, which will be the largest in South Korea at 2GW (gigawatts). Based on NVIDIA's full-stack AI factory architecture, the next-generation AI computing system 'Vera Rubin' equipped with SK Hynix's HBM4 will be gradually operational starting in 2027. This initiative aims to accelerate the development of large-scale AI infrastructure encompassing sovereign, physical, and enterprise AI services.SK Chairman Chey Tae-won emphasized, "Our goal is for every citizen to have at least one AI agent. We aim to make South Korea an AI-native country and contribute to the creation of universal AI and Physical AI."Hyundai Motor Group unveiled its vision for smart cities powered by Physical AI. The newly announced 'Physical AI Vision' aims to achieve an AI city that goes beyond the intelligence of individual objects like cars and robots. Hyundai plans to combine its strengths in manufacturing, mobility, and robotics with software from companies like NVIDIA, Waymo, and Google DeepMind to create AI infrastructure.Initially, Hyundai will establish a 'robot reference platform' that integrates NVIDIA's Physical AI technology and collaborate with Waymo to develop an autonomous driving ecosystem. The Saemangeum AI Valley will see an investment of 9 trillion won to establish a future technology innovation hub encompassing robotics, AI, hydrogen energy, solar power, and AI hydrogen cities.Chairman Chung Eui-sun of Hyundai Motor Group explained, "The Physical AI we pursue starts with the intelligence of individual devices like cars and robots, progresses to the intelligence of specific spaces like AI factories, and ultimately realizes a city-level integrated intelligence where the entire urban infrastructure is organically connected and operated."* This article has been translated by AI. 2026-07-26 17:24:00
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Lee Suggests Building Next Generation of Samsung and SK at Global VC Meeting Lee Jae-myung, the President of South Korea, proposed expanding the scope of cooperation between South Korea and the United States from security to technology, innovation, and startups during a meeting with global venture capital representatives in Silicon Valley. In line with this, the Ministry of SMEs and Startups and the National Pension Service established a cooperative framework to support overseas investment attraction and market entry for promising K-startups. On July 25, local time, at a hotel in San Francisco, Lee stated at the 'Silicon Valley Venture Investment Meetup,' "South Korea and the United States should broaden our cooperation from a long-standing security alliance to a technology alliance, an innovation alliance, and a startup alliance." During the event organized by the Ministry of SMEs and Startups, the National Pension Service signed memorandums of understanding (MOUs) with six venture capital firms: Andreessen Horowitz (a16z), General Catalyst, Sequoia Capital, Lightspeed Venture Partners, New Enterprise Associates, and Khosla Ventures. The total assets under management of these six VCs amount to $313 billion (approximately 458 trillion won). These firms are recognized as key players in Silicon Valley, known for identifying the growth potential of innovative companies early on. Sequoia has made early investments in Apple, NVIDIA, and Google, while Khosla invested in OpenAI. Recently, a16z opened an office in South Korea and has invested in Meta, Instagram, and defense startup Anduril. Lee remarked, "The United States possesses world-class venture investment capabilities and a global network, while South Korea has excellent technology, manufacturing competitiveness, and a dynamic startup ecosystem. If we combine our strengths, we can create the next generation of Samsung, Hyundai, SK, Naver, and innovative companies that will lead the world." During a subsequent roundtable discussion, participants discussed ways to strengthen cooperation in the venture ecosystem between the two countries. The VCs emphasized the importance of increasing investments in artificial intelligence (AI) and expressed their commitment to expanding collaboration with Korean startups. Im Jung-wook, co-representative of the Startup Alliance, stated on Facebook, "VCs are key players in creating new industries alongside founders. In the past, when our president visited Silicon Valley, he primarily met with CEOs of big tech companies. This time, meeting directly with top VCs to discuss investment and collaboration with Korean startups is very significant." Kim Yong-beom, head of the Presidential Policy Office, also emphasized on Facebook the importance of the meeting, stating, "Leading big tech companies in advanced countries start from startups and grow through venture capital investments to make their mark on the global stage. This meeting will plant the seeds of cooperation that will grow into a large forest of startups in the future." * This article has been translated by AI. 2026-07-26 17:24:00
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Korean Department Stores Accelerate Global Expansion with K-Fashion and K-Beauty South Korean department stores are ramping up their overseas market strategies by promoting K-Fashion and K-Beauty. While they continue to perform well domestically due to increased spending by foreign tourists and luxury sales, they are looking to expand into international markets with significant growth potential.According to the retail industry on July 26, Hyundai Department Store launched its regular store, 'The Hyundai,' in Tokyo's luxury shopping district, Omotesando, on July 10, marking the start of its overseas expansion.Initial results have exceeded expectations. The number of visitors in their 20s and 30s to the 'Tokyu Plaza Omokado,' where The Hyundai is located, has increased more than fivefold compared to before the store's opening. Sales also surpassed the high targets set in anticipation of initial demand by over 30%.Local consumers have shown a strong interest in K-Fashion, leading to rapid sellouts of key products. Notable items include the Double Lovers sunglasses, the Hieta Tyler bag, and the Stand Oil Mio bucket bag, all popularized by K-Pop idols. In response, Hyundai Department Store is working to restock sold-out items within two weeks by securing additional inventory.Lotte Department Store is also pursuing overseas expansion through its 'Next Content Lab,' which operates under CEO Jeong Hyun-seok. The lab is focused on helping K-content enter international markets and developing new businesses using intellectual property (IP). Recently, Lotte launched 'Lotte Department Store Next Lab' to assist promising K-Fashion brands in their overseas ventures. This initiative supports everything from pop-up store operations to brand development and formal store openings. The first participating brand, Muscent, will operate a pop-up store at Lotte Mall Westlake Hanoi in Vietnam until August 4, with plans for additional pop-up stores in key areas of Tokyo and Osaka later this year.Shinsegae Department Store has been leveraging its global retail platform, 'Shinsegae Hyperground,' to open K-Fashion and K-Beauty pop-up stores in Bangkok, Osaka, Tokyo, and Paris since starting in Thailand in 2023. Until July 31, they are collaborating with Central Department Store to host a pop-up featuring seven domestic fashion, beauty, and food brands at Central World in Bangkok. They plan to expand their partnerships to North America and other regions, aiming to establish Hyperground as a platform for domestic brands to enter international markets.The push for overseas expansion among department stores is driven by global demand for Korean content, including K-Fashion and K-Beauty. With domestic store expansion alone insufficient for long-term growth, these retailers are strategically utilizing their content competitiveness to secure new customers and markets. Collaborating with local distributors or initially operating pop-up stores allows them to validate brand recognition and sales potential before transitioning to permanent locations, thereby reducing the risks associated with international expansion.As a result, their overseas expansion strategies are becoming more concrete. Hyundai Department Store aims to establish around ten flagship stores in major Asian regions, including Japan, Taiwan, and Hong Kong, by 2030. Yoo Hee-yeol, head of Hyundai Department Store's fashion division, stated, "We will use the success of The Hyundai as a stepping stone to accelerate our global expansion into Japan, Taiwan, Hong Kong, and even European markets."* This article has been translated by AI. 2026-07-26 17:20:00
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U.S. Tariff War Enters New Phase as Forced Labor Tariffs Take Effect The United States has entered a prolonged trade conflict as it implements forced labor tariffs under Trade Law 301, following the expiration of temporary global tariffs under Trade Law 122. The South Korean government now faces the challenge of maintaining the agreed 15% tariff limit while also responding to item-specific measures under Trade Expansion Act 232. ◆301 Tariffs Replace Global Tariffs; South Korea Faces 12.5% Rate According to the Ministry of Trade, Industry and Energy, the U.S. Trade Representative (USTR) confirmed on July 23 that it would impose tariffs of 10% to 12.5% on 60 economic zones that do not sufficiently block imports of products made with forced labor. These tariffs took effect at 12:01 a.m. Eastern Time on July 24. This action largely replaces the 10% global tariff that the U.S. had temporarily imposed for 150 days under Trade Law 122, following a Supreme Court ruling on tariff legality. The 60 targeted economic zones account for 99.4% of all U.S. imports, effectively filling the gap left by the global tariff. For South Korean products, a total tariff of 12.5% will apply, combining existing tariffs with the forced labor tariffs. If the existing tariff is lower than 12.5%, the difference will be covered by the 301 tariff; if it is already above 12.5%, no additional tariffs will be applied. ◆301 and 232 Tariffs Create Additional Burdens The key issue is the ongoing investigation into structural overproduction capacity in the manufacturing sector under Trade Law 301. In March, the U.S. began a separate investigation involving South Korea, China, the European Union, Japan, and 13 other economic zones. The USTR has identified sectors of concern, including semiconductors, steel, automobiles, and batteries. The South Korean government maintains that the final tariff rate, reflecting both forced labor and overproduction measures, must not exceed the agreed 15% limit. With the forced labor tariff set at 12.5%, only a nominal 2.5 percentage points remain before reaching the cap. While the U.S. has reaffirmed its commitment to existing agreements, uncertainties remain regarding the tariff rates, applicable items, and exemptions resulting from the overproduction investigation. Even if the government successfully defends the 15% limit, concerns persist. The U.S. is expanding Trade Expansion Act 232 measures based on national security, having already included certain home appliances like refrigerators and washing machines under a 25% tariff. Investigations and follow-up actions are also underway for strategic industries such as semiconductors and pharmaceuticals. Items subject to 232 tariffs are exempt from the forced labor tariffs, but higher tariffs may still apply on a case-by-case basis. This means that even if the final tariff rate remains within the 15% limit, individual export items could face higher rates. The varying legal bases, tariff rates, and exemption conditions for each item are expected to increase the burden on companies regarding customs and contract management. ◆Growth Rate Under Pressure: "Prepare for Tariffs as Constants" This prolonged tariff conflict poses challenges for the South Korean economy. The Bank of Korea has previously analyzed that U.S. tariff policies, reflecting the South Korea-U.S. tariff agreement, could lower the country's growth rate by 0.45 percentage points in 2025 and 0.60 percentage points in 2026. The export growth rate is also estimated to decrease by 1.6 percentage points. As the U.S. diversifies its tariff system with different legal bases and targeted items, the government is urged to analyze the sector-specific impacts from the outset and develop exemption arguments for each item. Companies must also revise their export and management strategies to account for tariff burdens. Jeon Yoon-sik, a senior researcher at the Korea International Trade Association, emphasized, "Companies need to view U.S. tariffs as constants rather than variables when formulating export and management strategies. They must proactively prepare for potential 301 measures related to overproduction and the possibility of overlapping tariffs while managing trade issues stably." * This article has been translated by AI. 2026-07-26 17:16:00
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U.S. Imposes Higher Forced Labor Tariffs on South Korea Compared to Taiwan and EU South Korean exporters are facing heightened price competitiveness challenges as major rivals like Taiwan and the European Union benefit from lower tariffs imposed by the United States. Concerns are growing that a widening tariff gap could hinder the achievement of this year's export targets, particularly for consumer goods such as chemicals, cosmetics, and food products. According to relevant authorities on July 26, the U.S. government has imposed a 12.5% tariff on South Korean products due to perceived inadequacies in measures against forced labor imports. This action is in accordance with Section 301 of the Trade Act, which allows for tariffs in response to discriminatory practices against U.S. companies. Products subject to existing tariffs, such as steel, aluminum, and automotive parts, as well as exempt items like semiconductors, are not included in this Section 301 action. The tariff rate applied to South Korea is 2.5 percentage points higher than the 10% rate for the EU and Taiwan. Japan also faces the same 12.5% tariff as South Korea. The differences in tariffs among countries competing for the same U.S. market can directly impact product pricing and order competitiveness. The chemical sector is likely to be significantly affected. General chemical products often compete with Taiwan, while precision chemical products face competition from the EU. Higher tariffs on South Korean products will inevitably disadvantage them in price competition. A representative from the chemical industry stated, "The fact that South Korea's tariff rate is higher than that of competing countries is a negative factor for exporters." Consumer goods such as cosmetics and food products are also at risk. These products tend to have consumers who are sensitive to price changes, meaning even slight tariff differences can affect local selling prices and market share. Exporters who have expanded into the U.S. market based on K-pop and the Korean Wave may face increased burdens. The home appliance, electronics, and machinery sectors are also grappling with uncertainties stemming from U.S. tariff policies. While the U.S. applies product-specific tariffs on steel and aluminum, the criteria for these tariffs frequently change, complicating companies' pricing and supply chain strategies. Looking ahead, the results of the ongoing U.S. overproduction investigation will be a key variable. If additional tariffs are imposed but the tariff gap with competing countries narrows, it could mitigate some of the impact. However, if the current disparity is maintained or widens, South Korean exporters are likely to see a decline in their competitive edge. Kim Tae-hwang, a professor of economics at Myongji University, noted, "The upcoming results of the overproduction investigation will be a critical factor. If the tariff rate differences with competing countries do not narrow, exporters will have no choice but to raise prices, making it difficult to achieve this year's export targets due to weakened price competitiveness."* This article has been translated by AI. 2026-07-26 17:16:00
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Samsung-Broadcom AI pact signals race for long-term chip supply SEOUL, July 26 (AJP) - Samsung Electronics' sweeping five-year semiconductor partnership with Broadcom underscores a structural shift in the AI era, as leading technology companies increasingly lock in long-term chip supplies rather than rely on the notoriously volatile memory market. The memorandum of understanding, unveiled during the AI Summit in San Francisco on Friday, extends Samsung and Broadcom's collaboration through 2030 across high-bandwidth memory (HBM), advanced 2-nanometer foundry manufacturing and cutting-edge chip packaging. Samsung said the agreement is expected to generate more than $200 billion in business over the next five years. The deal reflects intensifying competition among AI chipmakers and cloud providers to secure critical semiconductor capacity years in advance as demand for AI infrastructure continues to outstrip supply. The trend was highlighted earlier this month when U.S. memory maker Micron Technology told investors that customers were increasingly signing strategic long-term agreements for AI memory products. During its latest earnings conference call, Micron said it had secured 16 long-term supply agreements worth roughly $22 billion, with much of its HBM capacity already committed years ahead. Such agreements represent a sharp departure from the traditional semiconductor business, where memory chips have long been treated as commodities subject to violent price swings driven by oversupply and inventory corrections. AI infrastructure investment is instead encouraging hyperscalers and chip designers to reserve capacity well before products enter mass production. Under the Samsung-Broadcom agreement, Samsung will supply HBM for Broadcom's next-generation AI accelerators while expanding foundry cooperation to its leading-edge 2-nanometer process. The companies will also jointly develop advanced packaging technologies, including 2.3D and 2.5D integration, designed to improve the performance and energy efficiency of AI processors and networking chips. The partnership also covers Broadcom's Wireless Broadband Communications business. While Samsung and Broadcom have collaborated for years, the latest agreement consolidates memory, advanced manufacturing and packaging into a single long-term framework as AI chip design becomes increasingly integrated. For Samsung, the agreement represents more than another HBM customer. It strengthens the company's effort to distinguish itself from rivals by offering what few semiconductor companies can: memory, advanced foundry manufacturing and advanced packaging under one roof. That integrated approach has become increasingly valuable as AI processors evolve into complex multi-chip systems requiring close coordination between memory, logic chips and packaging technologies. Broadcom, one of the world's largest fabless semiconductor designers, has emerged as one of the biggest beneficiaries of the AI investment boom through its custom AI accelerators and networking chips deployed by hyperscale cloud operators. The collaboration could also provide momentum for Samsung's foundry business as it seeks to expand its advanced manufacturing customer base against industry leader Taiwan Semiconductor Manufacturing Co. While TSMC dominates contract chip production, it does not manufacture memory chips. Conversely, memory leaders such as SK hynix lack advanced foundry capabilities. Samsung remains one of the few companies capable of producing HBM, manufacturing advanced logic chips and packaging them into integrated AI systems, allowing customers to source multiple stages of semiconductor production from a single supplier. "As AI infrastructure continues to scale, close collaboration across the semiconductor ecosystem becomes increasingly important," Charlie Kawwas, president of Broadcom's Semiconductor Solutions Group, said. "By combining Samsung's memory and foundry expertise with Broadcom's AI and connectivity leadership, we aim to continue to deliver technologies that power the next generation of AI infrastructure." 2026-07-26 17:13:57 -
Competition Among Candidates for Democratic Party Leadership Intensifies The race for the next leader of the Democratic Party has narrowed to three candidates, setting the stage for the party convention scheduled for August 17.According to political sources on the 26th, candidates Kim Min-seok, Jung Cheong-rae, and Song Young-gil have each presented their visions and appealed for support from party members.Kim is advocating for continued governance through integration and solidarity, while Jung emphasizes ongoing reform to reclaim power. Song is focusing on specific policies related to youth and housing to expand the party's reach. Each candidate has also expressed their commitment to supporting President Lee Jae-myung's administration and laying the groundwork for a victory in the 2030 presidential election. "I will discuss integration and present principles... Establishing a committee upon taking office"From the outset of the leadership race, Kim has sought support by positioning himself as someone who can work closely with President Lee. He has adopted the slogan "A Democratic Party that Wins Again" to emphasize the need for a sustained governance system, aiming to win both the 2028 general election and the 2030 presidential election.He identified the integration and solidarity of progressive groups as a prerequisite for this goal. At an event in Gwangju, Kim stated, "I will clarify the integration issue. I will not create chaos by making vague declarations. I will discuss what the Justice Reform Party wants and what Democratic Party members desire, and I will present principles."Integration and solidarity are expected to be centered around a comprehensive integration committee that Kim plans to establish immediately upon taking office. He intends to include divisions for solidarity, integration, and expansion within this committee. In addition to the integration committee, he aims to establish five key bodies focused on nomination reform, mega projects, balanced development between local and metropolitan areas, party innovation, and addressing social polarization as part of his foundational plan for the "Kim Min-seok administration." "Complete abolition of supplementary investigative powers... Strengthening reform in Honam nominations"Jung, who successfully passed the preliminary election, introduced himself as a steadfast supporter of the Democratic Party's identity and reform over the past 20 years without ever leaving the party. He is running for re-election as party leader with the slogan "Making the Democratic Party True to Itself, a Stronger Reform Leader."Jung believes that the party's identity is rooted in reform, stating that the party has historically succeeded when it embraced reform and failed when it did not. His candidacy declaration on July 13 was filled with references to "reform." He pledged to fully complete the abolition of the prosecution's supplementary investigative powers and to strengthen reform nominations in Honam, asserting that he would not back down from the banner of reform.Despite concerns that his re-election could pose a challenge for President Lee due to the deep factionalism within the party, Jung strongly refutes these claims. He held meetings with party members in Ulsan and Daegu, asserting, "I am confident that I will be the one to protect President Lee until the end, as I have never betrayed the party." "Clear legitimacy allows for inclusive freedom... Promising youth-oriented expansion"Song's campaign strategy is based on expanding the party's reach by appealing to youth and public sentiment. He aims to achieve alignment between the party and the government alongside President Lee. On July 19 in Busan, Song stated, "With clear legitimacy, I am free to expand and be inclusive," claiming he can execute the external expansion that President Lee has called for most accurately.He has particularly emphasized a youth-oriented expansion strategy, adopting the slogan "No 2030, No 2030 Victory," indicating that without support from the younger generation, a victory in the 2030 presidential election is unattainable. He has also promised to appoint two youth members to the highest committee and proposed specific policies to increase housing supply. Additionally, he highlighted his unique experience as the only candidate who has served as a regional governor, asserting that he can lead the party-government alignment. 2026-07-26 17:08:00
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Iran Blames U.S. for Recent Maritime Tensions in Hormuz Abbas Araghchi, Iran's Foreign Minister, accused the United States of unilaterally establishing a slower and more dangerous alternative route in the Strait of Hormuz, leading to recent military confrontations. He placed the responsibility for these tensions squarely on the U.S.In an interview with the Iranian daily 'Iran' on July 25, Araghchi claimed that the U.S. violated agreements regarding the reopening of the Strait and sought to undermine Iran's authority over the waterway, which escalated tensions.He referred to Article 5 of the U.S.-Iran memorandum of understanding (MOU) concerning the reopening of the Strait, stating, "It specifies that Iran will reopen the Strait within a month after necessary measures, such as mine removal, and will provide related services for free for 60 days. There is no ambiguity in the interpretation."Araghchi emphasized that Article 5 grants Iran the authority to determine the routes and navigation methods, arguing that the U.S. violated the agreement by opening a separate route without consulting Iran.He noted that only two weeks had passed since the implementation of the agreement, with about two weeks remaining, yet the U.S. opened a southern alternative route. "The U.S. knew that the route they created was slower and more dangerous than the one designated by Iran, yet they encouraged ships to use the southern route," he said, adding that they have records of relevant maritime communications.After several clashes over the routes, both sides established a direct communication line during a meeting in Switzerland to prevent misunderstandings. However, Araghchi contended that the U.S. continued to encourage ships to change their routes, asserting that this was not a simple misunderstanding but a deliberate action."I have not seen any goodwill in the actions of the U.S.," he stated, suggesting that the U.S. appeared to be escalating tensions or undermining Iran's sovereignty and management authority over the Strait.He also mentioned that Iran had repeatedly requested the U.S. to wait 15 more days, either directly or through mediators from Qatar and Pakistan, to see if Iran would fulfill its commitments. "Ultimately, it was the U.S. that violated the agreement and led the situation in the current direction," he emphasized.Regarding the recent escalation of conflicts related to Yemen and Saudi Arabia, Araghchi stated that there is no military solution and called for dialogue. He noted, "The Yemeni side explains that their actions are aimed at breaking the blockade imposed by Saudi Arabia," asserting that the roots of the Yemen issue cannot be found in Iran.He added that if dialogue begins between Yemen and Saudi Arabia, Iran could play a positive and constructive role, emphasizing that the Yemen issue should be resolved through diplomacy and dialogue, akin to the Persian proverb about untangling knots with hands rather than tools.Araghchi also claimed that attacks on U.S. military bases and facilities in the region during the war with the U.S. were acts of self-defense. He stated that Iran continuously communicates with regional countries to clarify that it has no hostile intentions toward them.However, he expressed dissatisfaction that the territories and airspace of some countries have been used for U.S. military operations against Iran. He reiterated the need to rebuild trust with neighboring countries after tensions subside, advocating for a 'strong region' where regional countries can jointly secure security and stability without relying on external powers.* This article has been translated by AI. 2026-07-26 17:08:00