Urgent.News

600+ sources. One page. See who else covered it.

Editions

More in AI

Korean Chaebols Reshape Portfolios Toward AI and Semiconductors

Domestic large business groups (Chaebols or conglomerates) are clearing out non-core businesses and rapidly restructuring their business structures toward future high-value industries such as…

  • Korean Chaebols, known as business groups, are shifting focus to AI and semiconductors.
  • Number of affiliated companies decreased from 3,538 to 3,534 between May and August.
  • Major companies like SK, CJ, and Wonik are eliminating non-core businesses.