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first_img Samsung Electronics and SK Hynix have successively hired former international finance officials from the Ministry of Finance and Economy

Samsung Electronics hired former Director of the Foreign Exchange System Division of the Ministry of Finance and Economy, Lee Hee-kun, for its IR team as an executive last month. Lee Hee-kun has held positions such as Director of the Foreign Exchange System Division and Director of the Capital Market Policy Division, responsible for foreign exchange systems and overseas investment responses. In April this year, he participated in the work of including South Korea in the World Government Bond Index and received special recognition. He is expected to be responsible for responding to overseas investors and the global capital market.SK Hynix hired former Director of the Strategic Economic Division of the Ministry of Finance and Economy, Jeong Yu-jin, as the Vice President under the Communications Division last month. Jeong Yu-jin has served as the Director of the Climate and Environment Budget Division, Secretary to the Deputy Prime Minister for Economic Affairs, Director of the Foreign Exchange System Division, and Director of the Foreign Exchange Fund Division. Both companies are advancing production investments in the United States, with Samsung Electronics planning to invest $37 billion to build a foundry in Taylor, Texas, and SK Hynix planning to invest $4 billion to build an advanced packaging factory in Indiana.

The Ministry of Industry and Information Technology of China plans for intelligent computing power to reach 9800 EFLOPS by 2030

The Ministry of Industry and Information Technology of China released the "14th Five-Year Plan for the Development of the Information and Communication Industry," setting the national intelligent computing power target at 9800 EFLOPS by 2030. According to data from the National Bureau of Statistics, as of the end of July, the national intelligent computing scale was approximately 2450 EFLOPS (FP16), indicating that it needs to expand by about 4 times in the next four years based on this standard.The plan proposes an orderly deployment of intelligent computing clusters with tens of thousands and hundreds of thousands of cards, building inference computing power for different scenarios, and increasing the adaptation of domestic computing power chips. Currently, 52 intelligent computing facilities with more than ten thousand cards have been established nationwide. The Ministry of Industry and Information Technology disclosed that the intelligent computing power scale at the end of June was 2185 EFLOPS, a year-on-year increase of 177%. The plan uses 1590 EFLOPS in 2025 as a benchmark, aiming to reach 9800 EFLOPS by 2030, which is an expansion of about 6.2 times. During the same period, the cumulative investment target for information infrastructure in the information and communication industry is 3.8 trillion yuan, which also includes communication networks and is not all allocated for AI computing power.

The Central Cyberspace Administration and six other departments issued a plan for digital and green collaborative transformation

The Central Cyberspace Affairs Commission, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Ecology and Environment, the Ministry of Housing and Urban-Rural Development, the Ministry of Agriculture and Rural Affairs, and the Ministry of Commerce jointly issued the "Implementation Plan for Promoting Coordinated Transformation and Development of Digitalization and Greening (2026-2030)", proposing to advance the coordinated transformation of digitalization and greening during the "14th Five-Year Plan" period.The plan emphasizes empowering green and low-carbon transformation with digital intelligence technology, achieving low-cost and high-efficiency applications of artificial intelligence by 2030, significantly improving the energy efficiency of computing facilities and 5G base stations, promoting renewable energy electricity consumption in key areas such as computing facilities to reach the responsibility weight level of the respective provinces, and deepening the digital and green applications in agriculture, manufacturing, trade, consumption, and urban operation, strengthening intelligent governance of the ecological environment and digital carbon management, and solidifying the foundation for coordinated dual transformation and international cooperation.

Ministry of Industry and Information Technology issues the Artificial Intelligence Small and Medium Enterprises Entrepreneurship Support Plan

According to a report by the Financial Associated Press, the General Office of the Ministry of Industry and Information Technology has issued the "Entrepreneurship Support Plan for Small and Medium-sized Enterprises in Artificial Intelligence (2026-2028)." Over three years, it aims to cultivate a large number of innovative and dynamic artificial intelligence startups with significant growth potential in key areas such as industry applications, data services, and intelligent computing power. More than 10,000 new technology and innovation-oriented small and medium-sized enterprises will be nurtured, with over 2,000 "specialized, refined, distinctive, and innovative" small giant enterprises emerging, along with a number of gazelle and unicorn companies.Focusing on the field of artificial intelligence, the plan will establish 10 high-standard technology enterprise incubators and 10 national public service demonstration platforms (bases) for small and medium-sized enterprises. It will also cultivate 10 national-level characteristic industrial clusters for small and medium-sized enterprises. The entrepreneurial and innovative vitality of small and medium-sized enterprises in artificial intelligence will continue to surge, and a preliminary pattern of high-quality development for small and medium-sized enterprises empowered by artificial intelligence will take shape.
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