Samsung SDS Wins Contract to Build 175 AI Agents for Woori Bank

AI Applied to 29 Core Tasks Across 5 Areas · Task Processing Speed to Improve 30% · POSCO Decides to Directly Hire 7,000 Subcontract Workers · China Adds 406 AI Majors in 5 Years

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By Kang Do-won
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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 tailored news stories for each reader type.

[Key Issue Briefing]

■ Financial Sector AI Agent Adoption Accelerates: Samsung SDS has launched a major project to build more than 175 AI agents for Woori Bank, marking a fundamental shift in how financial operations are conducted. As AI evolves from "ask-and-answer" to "work-and-solve," the ability to collaborate with AI is becoming a core competency even for entry-level employees, analysts say.

■ Restructuring of Contractor-Subcontractor Relations and Direct Hiring Expansion: POSCO's decision to directly absorb approximately 7,000 on-site subcontract workers as permanent headquarters employees is triggering a seismic shift in the industrial contractor-subcontractor structure. As the first large-scale direct hiring case since the enforcement of the so-called Yellow Envelope Act, the move is expected to spark changes in employment practices across the manufacturing sector.

■ AI-Era Major Restructuring Accelerates: Chinese universities eliminated 1,773 undergraduate majors last year, while 406 AI-related majors were newly established over the past five years, rapidly transforming the educational landscape. The mismatch between academic majors and job requirements has been identified as a key cause of youth unemployment, making competency-driven career planning increasingly important, according to industry consensus.

[News of Interest to Entry-Level Employees]

1. Samsung SDS to Build 'AI Agents' for Woori Bank

- Key Summary: Samsung SDS has been selected as the preferred bidder for Woori Bank's AI agent development project and will begin building more than 175 AI agents under the "AI Agent Banking" initiative. AI will be applied to 29 core tasks across five areas including customer relationship management and corporate lending, asset management, internal controls, customer service, and business process automation. Task processing speed is expected to improve by approximately 30%. Samsung SDS plans to deploy about 90 agents by December this year based on its proprietary AI platform "Brity Works (Fabrix)" and expand sequentially through August next year. As financial operations are being fundamentally redesigned around AI, the ability to use AI tools is emerging as an essential skill for entry-level financial sector employees.

2. POSCO to Directly Hire 7,000 Subcontract On-Site Workers

- Key Summary: POSCO has drawn up a roadmap to absorb approximately 7,000 on-site workers from subcontractors at its Pohang and Gwangyang steelworks as permanent headquarters employees rather than subsidiary staff. This is the first case of a company directly hiring subcontract workers since the enforcement of the Yellow Envelope Act. The decision came after POSCO lost eight consecutive rulings in approximately 28 illegal dispatch lawsuits spanning more than a decade. Other companies including Hyundai Steel are also facing bargaining pressure from subcontractor unions, making a comprehensive review of contractor-subcontractor management systems unavoidable. For entry-level workers preparing for manufacturing careers, this represents a positive change in terms of job stability, analysts say.

3. Cutting Arts and Humanities, Pushing AI... Chinese Universities 'Reset Majors'

- Key Summary: According to China's Ministry of Education, 1,773 undergraduate majors were eliminated last year, hitting a new annual record each year since approximately 800 in 2020. Arts programs such as photography and visual design and humanities and social science programs such as foreign languages, journalism, and public administration have been hit hardest. Meanwhile, 406 AI majors were newly established over the past five years, showing the steepest growth. Nanjing University has introduced mandatory AI foundational courses for all freshmen, and Fudan University operates an "X+AI" dual-degree program, expanding AI education across all academic disciplines. With youth unemployment hovering around 15%, Chinese authorities see closing the mismatch between academic majors and job requirements as urgent.

[Reference News for Entry-Level Employees]

4. "Please Change One Car to an Odd Number"... Vehicle License Plate Replacement Demand Surges

- Key Summary: Since an odd-even license plate driving restriction took effect for public institutions on the 8th and a last-digit-based restriction was applied to public parking lots, demand for vehicle license plate replacements has surged. In Seoul's Gangseo District, license plate replacement requests rose approximately 30%. Some companies including Samsung and LG Group (003550) have also adopted internal vehicle restrictions, joining the government's energy conservation measures. Seoul is offering a 30,000 won monthly refund to Climate Card users for three months starting this month as part of efforts to expand public transit use. For employees who commute by car, a redesign of commuting methods has become unavoidable, observers say.

5. Customer Exodus Rumors Debunked... Anthropic's Revenue Triples in Three Months

- Key Summary: Anthropic surpassed an annualized revenue run rate of $30 billion (approximately 45.25 trillion won) as of last month, more than tripling from $9 billion at the end of last year in just three months. The number of enterprise customers spending more than $1 million annually has exceeded 1,000, with enterprise AI tool "Claude for Work" and coding software "Claude Code" generating enormous popularity. Anthropic also signed a long-term supply contract with Google and Broadcom for 3.5 GW of AI computing chips, accelerating its infrastructure expansion. The explosive growth in the AI industry is expected to drive expanding demand for related positions.

6. Unit Agricultural Cooperatives to Effectively Halt Non-Member Household Loans Starting the 10th

- Key Summary: The National Agricultural Cooperative Federation (NACF) will suspend household loans to non-members and associate members at unit agricultural cooperatives whose household loan growth exceeds 1%, effective the 10th. The measure follows a 3.2 trillion won increase in household loans at unit agricultural cooperatives nationwide during January and February, approaching last year's full-year increase of 3.6 trillion won. With the Financial Services Commission (FSC) setting total household loan growth at 1.5% for this year, a "loan shutdown" is becoming reality across the mutual finance sector as agricultural cooperatives follow Saemaul Geumgo (community credit cooperatives) in closing their lending doors. For young professionals planning to purchase homes, diversifying loan channels and establishing early financial plans has become urgent, experts say.

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

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