Overview
- - The government launched a competitiveness plan Wednesday at a Ulsan meeting with industry and three ministries in a bid to shore up Korean shipbuilding.
- - The plan commits up to 525 billion won over five years for seven future ship technologies, 1 trillion won by 2030 for an AI-run 24-hour shipyard, and 630 billion won over seven years for Level 4 autonomous vessels.
- - Officials will push public agencies to place security-related ship orders at home and seek a shipbuilding alliance with partners including the United States, India, Vietnam, the Philippines and Saudi Arabia.
- - President Lee Jae Myung pledged to stabilize jobs, boost regional incentives and expand state-backed finance, and he said the government could take on some risk to ease a shortage of refund guarantees that let yards accept large orders.
- - Companies testing AI video and sensor systems for safety face worker resistance over surveillance, and Lee floated safeguards such as banning disciplinary use of footage or auto-deleting it as talks move into implementation details.