High Oil Price Relief Payments Begin April 27; Up to 600,000 Won for Lower 70% Income Bracket

■AI Prism [Campus News] · Priority support for vulnerable groups including basic livelihood recipients · Samsung doubles robot AI decision-making speed · Japan's 4 major companies establish physical AI joint venture · Digital twin adoption accelerates across manufacturing industry

Finance|
|
By Kang Do-won
||
null - Seoul Economic Daily Finance News from South Korea

▲ AI PRISM* Customized Economic Briefing

*Editor's Note: 'AI PRISM' (Personalized Report & Insight Summarizing Media) is an 'AI-based customized news recommendation and summary service' developed with support from the Korea Press Foundation. It selects and provides six customized news items for each reader type.

[Key Issue Briefing]

■ Samsung Electronics (005930.KS) Strengthens Humanoid Robot Software Capabilities: Samsung Research has crossed a key threshold for on-device AI commercialization with its robot control AI 'Shallow Pi' technology, more than doubling decision speed from 8Hz to 17.2Hz. Competition for robotics talent is intensifying, with the company offering annual salaries up to $365,650 and successively recruiting personnel from NASA and Honda.

■ Digital Twin Emerges as Essential Tool for Manufacturing Innovation: Kia's (000270.KS) Gwangmyeong EVO Plant reduced annual labor hours by 3,750 through digital twin technology, cutting anomaly detection time from 120 minutes to 10 minutes. Samsung Electronics and SK hynix (000660.KS) are also building virtual factories based on Nvidia Omniverse, with adoption spreading across the semiconductor and steel industries.

■ Japan's Four Major Companies Establish 'Physical AI' Joint Venture: SoftBank, NEC, Honda, and Sony have founded 'Nihon AI Foundation Model Development' and begun developing AI with trillion-scale parameters. With the Ministry of Economy, Trade and Industry planning to invest 1 trillion yen (approximately 9.3 trillion won) over five years, global demand for physical AI talent is expected to surge.

[News of Interest to University Students and Job Seekers]

1. Power Demand to Surge by 2040… "Renewables Alone Cannot Handle It"

- Key Summary: The government will hold its first discussion forum later this month for establishing the 12th Basic Plan for Electricity Supply and Demand, with 2040 power demand projected to exceed 760TWh. Analysis suggests demand will rise far more steeply than the 11th basic plan trajectory due to accelerated AI policies and expanded electrification. Concerns were raised that a 2% interest rate increase would push renewable energy generation costs up 20% while gas generation would rise only 11%, potentially dampening renewable energy investment. Experts recommend appropriate flexibility package configuration, highlighting the growing importance of energy policy and power sector positions.

2. Virtual Factories Maximize Labor Efficiency… Semiconductor and Steel Industries Rapidly Adopting

- Key Summary: Kia's Gwangmyeong EVO Plant saved 3,750 annual labor hours through its digital twin integrated control system. The key achievement was reducing anomaly detection time from 120 minutes to 10 minutes through blackbox and WebRTC technology adoption. Samsung Electronics and SK hynix are building virtual semiconductor factories based on Nvidia Omniverse, while Hyundai Steel (004020.KS) is developing gas leak response control systems, demonstrating adoption spreading across industries. Digital twin experts emphasize that securing field data and high-quality data extraction capabilities are prerequisites, suggesting data engineering job demand will increase accordingly.

3. Samsung Secures Humanoid Robot Brain Technology… 17 Decisions Per Second, Immediate Response to Unexpected Situations

- Key Summary: Samsung Research unveiled its robot control AI 'Shallow Pi,' reducing computational steps to one-third of previous levels and raising decision speed to 17.2Hz. Through knowledge distillation techniques, on-device operation without cloud connectivity became possible, overcoming structural limitations to commercialization. The technology achieved a 95% success rate in ultra-precision water hose insertion tasks and controlled 46 movements in just 40ms. Samsung Electronics is accelerating its '2030 AI autonomous factory conversion' with over 100 trillion won in R&D investment this year and offering robotics talent annual salaries up to 530 million won.

[Reference News for University Students and Job Seekers]

4. A Spear That Breaks Defense Walls—Can It Also Be Used as a Shield? Wall Street's 'Mythos Dilemma'

- Key Summary: Anthropic unveiled 'Mythos,' the most powerful security AI ever, scoring 83.1% in CyberGym evaluation, overwhelming the previous top model (66.6%). AI security has rapidly emerged as a top national priority, with the U.S. Treasury Department urgently convening Wall Street bank CEOs to recommend Mythos adoption. It was recorded as the first case of autonomously performing work that would take human experts 10 hours, including finding a 27-year-old bug in OpenBSD. Anthropic is supplying Mythos only through 'Project Glasswing,' which provides $100 million worth of access rights to 50 companies, signaling a surge in AI security talent demand.

5. Up to 600,000 Won Per Person Starting April 27… Must Be Spent at Small Business Stores by End of August

- Key Summary: The government will provide high oil price relief payments to citizens in the lower 70% income bracket to ease the burden of high oil prices and inflation. Basic livelihood recipients will receive 550,000 won, near-poverty level households 450,000 won, with non-metropolitan area residents receiving an additional 50,000 won for a maximum of 600,000 won. First-round applications begin April 27 for vulnerable groups, with second-round applications starting May 18 for remaining eligible recipients. The usage deadline is August 31. Eligibility will be determined based on health insurance premiums and other criteria, with detailed criteria for excluding high-asset holders to be announced next month.

6. SoftBank, NEC, Honda, Sony Form 'Japan AI Alliance'

- Key Summary: SoftBank, NEC, Honda, and Sony have established joint venture 'Nihon AI Foundation Model Development' and begun developing domestic AI with trillion-scale parameters. The division of labor has SoftBank and NEC handling foundation models while Sony and Honda focus on applications in automobiles, robotics, gaming, and semiconductors. Nippon Steel and Mitsubishi UFJ Bank are also participating as minority shareholders, with the Ministry of Economy, Trade and Industry planning to provide 1 trillion yen in support over five years. The dominant analysis suggests this strategy to catch up with the U.S. and China in physical AI will significantly expand demand for robotics and AI convergence talent.

▶ Read full article: Power Demand to Surge by 2040… "Renewables Alone Cannot Handle It"

▶ Read full article: Vape Shops Hit Hard by Regulatory Inclusion… Concerns Over 'Similar Nicotine' Balloon Effect

null - Seoul Economic Daily Finance News from South Korea
null - Seoul Economic Daily Finance News from South Korea
null - Seoul Economic Daily Finance News from South Korea
null - Seoul Economic Daily Finance News from South Korea
null - Seoul Economic Daily Finance News from South Korea
null - Seoul Economic Daily Finance News from South Korea

Related Video

Original reporting by Kang Do-won for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

AI KEY

Preview
Korean Corporate Intelligence HubKOSPI · KOSDAQ · 12 sectors

A live, cap-weighted view of every KOSPI and KOSDAQ sector, with same-day Korean reporting distilled by company — built for foreign investors, correspondents and analysts who need to scan Korea before the next session.

Korea Chaebol Tree

Preview
Families Behind the GroupsKFTC May 2026 · DART filings

An English-first interactive map of Samsung, SK, Hyundai, LG and Lotte — built for foreign investors, correspondents and analysts. Korea translates companies into English. We translate the families behind them.