APEC
North Korea slams US sanctions, vows corresponding response
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North Korea denounced US sanctions over cybercrime-related money laundering on Thursday, vowing a corresponding response. The reaction followed the US imposing sanctions on eight North Korean individuals and two entities. Despite US President Donald Trump's desire to meet North Korean leader Kim Jong-un, Pyongyang has not replied to the proposal.
South Korea should be able to launch its first domestically built nuclear-powered submarine in the mid-to-late 2030s, as the United States signaled support following last week's leaders' summit. Deputy Defense Minister Won Chong-dae said progress has been made on the challenging fuel supply issue, paving the way for the project. The government plans to establish an interagency task force for the construction.
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Asia-Pacific Economic Cooperation (APEC) leaders adopted the Gyeongju Declaration at the 2025 summit, recognizing cultural and creative industries as a growth driver for the first time. The declaration reaffirmed the importance of trade and investment cooperation but omitted references to the World Trade Organization (WTO)-centered multilateral trade system, drawing attention. South Korea's initiatives on AI and demographic changes were highlighted.
Nvidia has announced plans to deploy up to 260,000 of its latest Blackwell GPUs in South Korea, partnering with the government and companies like Samsung Electronics, SK Group, Hyundai Motor Group, and Naver Cloud to build AI factories. The initiative will boost the country's AI computing capacity and offer significant opportunities for Samsung and SK hynix in supplying high-bandwidth memory chips. Nvidia CEO Jensen Huang praised South Korea's world-class memory technology during the APEC CEO Summit in Gyeongju.
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Nvidia CEO Jensen Huang expressed confidence that South Korean companies will nimbly handle US tariff concerns during the Asia-Pacific Economic Cooperation (APEC) summit. He highlighted Korea's significant opportunities in physical AI and robotics, while praising partnerships with Samsung and SK hynix. The remarks came shortly after Seoul and Washington finalized a trade deal.
Nvidia CEO Jensen Huang stated that South Korea can become a global leader in physical artificial intelligence. At the APEC CEO Summit, he praised the country's software expertise, technical capabilities, and manufacturing prowess while announcing plans to build AI factories. The partnership is expected to significantly expand South Korea's AI GPU capacity.
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South Korean President Lee Jae Myung met Nvidia CEO Jensen Huang in Gyeongju on Friday on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit to discuss expanding AI partnerships with Korean firms. Nvidia announced a plan to deploy up to 260,000 graphics processing units (GPUs) in South Korea in partnership with the government and leading businesses. The initiative involves Samsung Electronics, SK Group, Hyundai Motor Group, and Naver Cloud establishing AI computing centers powered by Nvidia's latest Blackwell GPUs.
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