00:063 boardroom decisions playing out in korea today korea just landed a nuclear framework worth an
00:11estimated 1.5 trillion dollars lg's chairman signed a group-wide ai alliance with microsoft
00:17and korean battery makers are committing 8.4 trillion won to leapfrog china's low-cost
00:23competition it's wednesday september 23rd let's look at a business story shaping corporate korea
00:29korea's biggest industrial groups are moving simultaneously on nuclear exports ai
00:34infrastructure and battery technology this week each move reflects a shift from selling individual
00:40products to building strategic government-backed partnerships with global players the common
00:45threat is competing for position in industries where the u.s and china are both racing to lock
00:50in supply chains here's what the numbers show korea and the u.s agreed on a nuclear framework
00:56covering eight reactors including two of korea's apr 1400 design opening a market worth an estimated
01:031.5 trillion dollars the deal also redirects 10 billion dollars of korea's promised u.s investment
01:10into orders for korean nuclear equipment makers instead of a straight cash payment lg chairman
01:16ku kuang mo signed a strategic ai partnership with microsoft ceo satya nadella combining lg's cooling
01:23battery and data center construction units into one package for microsoft's global data centers
01:29korea's government and battery makers will invest 8.4 trillion won by 2030 in sodium ion and solid state
01:37battery technology to counter falling market share against chinese rivals korean battery makers european
01:43market share fell from 55 percent in 2023 to 35 in 2025 while chinese competitors share rose from 42
01:52to 61 over the same period google is expanding its tpu chip supply beyond its own cloud platform
01:59positioning korea as a key data center hub within a planned 550 trillion won in private ai infrastructure
02:06investment by 2029 musinsa converted all of its preferred shares to common stock cutting its debt
02:13ratio from 812 percent toward an expected 130 to 140 percent clearing a path toward its planned ipo next
02:21year wall street sentiment toward data center ipos is cooling with softbank's sb energy delaying its
02:28listing past a targeted 50 billion dollar valuation so what does this mean for corporate korea earlier we
02:36said korea landed a nuclear framework worth an estimated 1.5 trillion dollars here's what that
02:41actually means for you this week's moves show korean conglomerates shifting from being suppliers to being
02:47strategic partners with washington and global tech giants which changes how boards should think about
02:52capital allocation and country risk watch three things how quickly the nuclear framework converts into
02:58signed contracts for korean suppliers whether lg's microsoft alliance expands beyond cooling into full ai
03:04infrastructure deals and whether battery makers 8.4 trillion one bet actually closes the gap with chinese
03:11rivals by 2030 that's today's ai prism ceo this episode was produced with ai assistance based on
03:18seoul economic daily reporting and reviewed by a human editor ai prism is a juan ifra award-winning
03:25marketing series we'll be back tomorrow you've been listening to ai prism from seoul economic daily
