
Gumi City, Gyeongbuk Province, began exploring overseas markets and attracting investment by attending the Taiwan International Semiconductor Exhibition and participating in the event commemorating the 60th anniversary of a German nurse dispatched to Germany, and also held an investment environment briefing session in Seoul to publicize Gumi's industrial competitiveness and future vision.
AI-generated summary
Gumi City is seeking to attract investment from domestic and foreign companies and explore overseas markets based on high-tech industries such as semiconductors.
Visit to Taiwan and Germany... Investment environment briefing session held in Seoul
(Gumi = Yonhap News) Reporter Kim Hyun-tae = Gumi City, Gyeongbuk Province, is accelerating its efforts to attract investment from domestic and foreign companies and develop overseas markets by leveraging its competitiveness in high-tech industries such as semiconductors.
The Gumi City delegation, headed by Gumi Mayor Kim Jang-ho, will visit the '2026 Taiwan International Semiconductor Exhibition (Semicon Taiwan)' held at the Nangang Exhibition Center in Taipei, Taiwan on the 4th.
The delegation will inspect the booths of six local companies on site and help them advance into overseas markets.
The event is a global semiconductor exhibition that started in 1995. This year, more than 1,300 companies from 65 countries will participate, operate 4,300 booths, and are expected to attract more than 100,000 visitors.
The delegation will also visit Taoyuan City, a high-tech industry and aviation logistics hub city.
We will observe an exhibition commemorating the 10th anniversary of the friendship between cities and discuss ways to expand exchanges in future industries, culture, and arts.
After attending an event commemorating the 60th anniversary of nurses dispatched to Germany, we will visit urban conversion sites in the Rhine-Ruhr region, including Essen, and look at cases of utilizing industrial heritage as cultural and tourism resources.
Gumi City also carried out investment attraction activities in Seoul.
At the '2026 Gumi City Investment Environment Briefing' held at the Air Force Hotel on the 2nd, Gumi's industrial and investment environment and future vision were introduced, with about 170 people attending, including businessmen, people from finance, and journalists.
Gumi Mayor Kim Jang-ho said, "We will make attracting investment the top administrative priority and create a city where companies want to invest," and emphasized, "We will speed up industrial space innovation by laying the foundation for local companies to enter the overseas market and concretizing overseas urban transformation cases into a Gumi-type cultural industrial complex model."
AI outlook — possibilities, not facts
Gumi City will support local companies' entry into overseas markets by attending Taiwanese exhibitions.
Likely · Within weeks
Gumi City will embody the urban transformation case of Germany's Rhine-Ruhr region into a Gumi-type cultural industrial complex model.
Possible · Within months

South Korea plans to reduce state-run firms by 20% from 524 to 415 to address industrial changes including AI transformation, a finance ministry official said, emphasizing the reform is not about cost-cutting or workforce reduction but comprehensive preemptive restructuring.

Shinsegae Group Chairman Chung Yong-jin attended the launch of the U.S. government-backed Foundry School program in Washington, met with U.S. Vice President JD Vance and Under Secretary of State Jacob Helberg, and discussed Shinsegae's partnership with AI startup Reflection AI on a large-scale data center project in South Korea.

Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won are expected to meet Nvidia CEO Jensen Huang in New York later this month at The Korea Society's annual gala on Sept. 28, where Huang will receive the Van Fleet Award for his contributions to Korea-US relations.

Seoul's city bus union has threatened to launch a full strike starting with the first buses on September 16 if mediation with operators fails, reviving a wage dispute over how a 2024 Supreme Court ruling on ordinary wages should be applied to driver pay, with the union seeking to apply a 176-hour monthly basis for hourly wage conversion while operators favor 209 hours.

Nomura Securities maintained its 'buy' investment opinion on Samsung Electronics and SK Hynix and presented target stock prices of KRW 670,000 and KRW 4.7 million, respectively, predicting that the memory supercycle due to increased demand for AI and supply shortage will lead to a leap forward. However, the strong won was pointed out as a short-term risk.

Devsisters will release CookieRun: Braverse Card Game in Europe in January 2027, with a 13th booster pack and Brave League organized play program. Three European distributors — Blackfire, Cube Golem, and Bliss Distribution — will manage rollout. The company will participate in SPIEL Essen 2026 to build partner networks and offer demo decks, following its North American launch in July 2026 and expansion via TCGplayer in 2025.