Yonhap hosts 1st economic forum to explore new opportunities for Korea in global tech landscape | Yonhap News Agency

“We live in an era of ‘technopolitics,’ where advanced technology has a profound impact not only on the economy but also on international politics, diplomacy and security,” Yonhap News President and CEO Hwang Dae-il said in his opening remarks.

“This means that the biggest determinant of the world’s ruling order is no longer military power, but technological power,” he added, also noting that the outcome of the U.S. election could further intensify the global race for high-tech dominance.

Hwang explained the Future Economic Forum aims to serve as a platform for business leaders and experts to strategize ways to navigate through such a competitive landscape.

President Yoon Suk Yeol shared a congratulatory message delivered by Wang Yun-jong, the third deputy national security adviser, stating, “In the upcoming era of high-tech competition, technologies and innovative ideas will be more crucial than ever. The government is committed to investing in world-class technology development and building the necessary infrastructure to support industrial competitiveness.”

Chris Miller of Tufts University, author of “Chip War,” delivered a speech offering insights on the potential for a new phase in the global semiconductor battle.

In subsequent sessions, Kim Hyun-woo, vice president of Samsung Electronics, presented strategies from the world’s largest memory chip maker, while Lin Hung-wen, senior journalist at Taiwan’s Business Today and a chip industry expert, discussed the ongoing competition in the chip industry centered on TSMC.

Professor Shin Chang-hwan of Korea University and Lee Moon-tae, leader of LG AI Research, concluded with a forward-looking blueprint for South Korea’s high-tech industry.

brk@yna.co.kr
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