LS Cable Pursues 1 Trillion Won STO Fundraising Amid AI Demand Squeeze

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

1. LS Cable Securitizes 1.5 Trillion Won in Inventory to Maximize Returns in Power Equipment Supercycle

- Key Summary: LS Cable & System is securitizing 1.4566 trillion won in inventory assets as of the end of last year through tokenized securities (STO) to raise more than 1 trillion won. While the company rode the AI data center construction boom to post revenue of 7.5882 trillion won, up 12% year-on-year, it faces a structural dilemma with an operating profit margin stuck at around 3% and raw material procurement costs reaching 3.9896 trillion won. Capital expenditure is surging to 1.2881 trillion won this year, coinciding with funding needs for a subsea cable factory in Virginia, U.S., and a new rare earth business. Meanwhile, LS Cable & System has signed a 60 billion won mutual investment agreement with Lynas, the world's largest rare earth company outside China, and is also considering entering the permanent magnet business.

2. Worksphere Accelerates Company-Wide AX on 30th Anniversary with Internal Innovation

- Key Summary: HR tech company Worksphere has changed its corporate name from JobKorea to Worksphere on its 30th anniversary and is accelerating company-wide artificial intelligence transformation (AX) under the banner of "AI Everywhere." After redesigning the main pages of job platforms JobKorea and Albamon around AI recommendations, job ad click-through rates surged 298% for JobKorea and 158% for Albamon within one month. The company has also announced the upcoming launch of Talent Agent and Career Agent services and established an "AX Vanguard" team to spearhead AX adoption, pursuing internal organizational innovation in parallel. Chief Technology Officer Kim Yo-seob said platform infrastructure development task completion rates improved 220% compared to 2024.

3. Samsung SDS Unveils 'S-VIP' Consulting to Support AX from Assessment to AI Deployment

- Key Summary: Samsung SDS has unveiled its "S-VIP Consulting" program designed to guide the entire AX process for manufacturing companies and has won an AX project from a major domestic rental company. The consulting program consists of three stages — AI goal setting, use case discovery, and governance building — and is distinguished by first identifying on-site needs through interviews with client employees. The major rental company reported that deploying customized AI agents reduced technician search time by 43.9%, improved search accuracy by 12.45%, and achieved a user satisfaction score of 92.

4. 30% Retail Allocation and Rocket Launch Viewing — Musk's 'IPO Show'

- Key Summary: Elon Musk, CEO of SpaceX, is reviewing a groundbreaking IPO structure that would allocate up to 30% of shares to retail investors ahead of a planned June listing. The ratio is three to six times the typical 5–10% retail allocation, and plans reportedly include granting priority participation to Tesla shareholders and those who helped finance the acquisition of X (formerly Twitter). The IPO fundraising target is $75 billion (approximately 112.89 trillion won), far exceeding the previous record of $29 billion set by Aramco in 2019, with a target market capitalization of $1.75 trillion (approximately 2,634.97 trillion won). SpaceX is also reportedly considering imposing lock-up periods longer than the standard six months on major early shareholders to prevent mass selling after the listing.