AGP Executive Report
Last update: 12 hours agoAerospace Exports: Malaysia is due to receive its first two South Korean-made FA-50M fighters on Oct. 30, part of an 18-aircraft, nearly RM4 billion deal with Korea Aerospace Industries. AI and Chips: Chinese models underpinned 49.3% of AI models released by South Korean developers on Hugging Face from January to August, led by Alibaba’s Qwen. Electronics production growth also accelerated this year on AI demand, while investors await Samsung and SK hynix earnings for clues on the chip boom. Shipbuilding: Korean yards face pressure as China captured 76% of new ship orders, with labor strife adding to the challenge. India is meanwhile seeking Korean expertise to expand its shipbuilding industry. Exports: South Korea’s SME exports hit a record in the third quarter, adding strength beyond the large chipmakers.
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