IJR News — today's news from every side

IJR News — today's news from every side

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Samsung, SK Hynix Reject $18B Grid Prepayment — 5dSamsung Electronics and SK hynix have rejected KEPCO's plan to prepay about 25 trillion won in electricity bills to fund national grid upgrades, citing the burden on mid-to-long-term strategy and ongoing industry uncertainty. The decision raises questions about KEPCO funding, potential increases in debt, and the feasibility of large-scale grid investments tied to Korea's semiconductor and AI growth.

Marcus Bell If the grid lags, semiconductor expansion and AI data centers will hit bottlenecks no matter how much the companies invest in fabs.

Samsung, LG Sweep Energy Winner Awards, Set RecordTech — Jul 21, 2026Samsung Electronics and LG Electronics dominated the 29th Energy Winner Awards, with Samsung winning the Energy Grand Prize for an eighth consecutive year and LG securing a record-tying 12 awards including three grand prizes; both firms highlighted AI-driven, energy-saving technologies across appliances from air conditioners to dishwashers. The ceremony, organized by the Consumer Citizens' Association and supported by the Ministry of Climate, Energy and Environment and the Korea Energy Agency, showcased Samsung's Bespoke AI WindFree Combo Gallery Pro and Infinite Line hood-integrated induction, and LG's Whisen AI Object Collection Tower and other energy-efficient products as leaders in cutting power use.

Shareholder group files complaints against minister and CEOs — Jul 22, 2026A Korea Shareholders Movement Headquarters filed complaints against Labor Minister Kim Young-hoon and Samsung Electronics and SK hynix executives over wage deals that link bonuses to operating profits, arguing such bonuses are not subject to labor negotiations and that the ministers and executives breached duties or abused authority. The complaints follow a May wage agreement mediated by the labor ministry that provided a 10.5% special performance bonus for Samsung and a 10% profit-based share for SK hynix, with critics saying management should seek shareholder approval and prevent asset leakage.

Korean AI Leaders Meet Nvidia CEO in Silicon Valley — Jul 21, 2026{"summary":"Korean industry leaders Samsung Electronics Chairman Jay Y. Lee, SK Group Chairman Chey Tae-won, and Naver founder Lee Hae-jin are set to meet Nvidia CEO Jensen Huang near Silicon Valley, with July 24 cited as the likely date, to discuss deeper collaboration across memory semiconductors, GPUs, and AI data centers and to potentially reinforce ties with Nvidia. OpenAI and Anthropic leaders may also attend, signaling a broader move toward a cross-sector AI infrastructure alliance involving Samsung, SK, Naver, Nvidia, OpenAI, and Anthropic.","summary_sources":[]}

IJRGas Industry Says Heating Costs Will Fall 14% This Winter As Another Forecast Warns Of An IncreaseSimon August · 6 min · 13h