➀ The whitepaper by Learning Systems explores successful AI deployment in businesses that create value for companies, employees, and customers. ➁ It highlights practical examples from various industries on how AI can address both economic and social goals. ➂ The report emphasizes the importance of interdisciplinary collaboration and innovation-friendly environments for AI adoption, while acknowledging challenges faced by small and medium-sized enterprises in implementing AI technologies.

➀ Powerchip Semiconductor, the Taiwanese foundry, has abandoned its plan to build a fab in Japan in favor of constructing one in India. The company had previously entered into a partnership with SBI Holdings to build a 40k wpm fab in Sendai, Japan, starting with 40nm technology and moving to 28nm with volume production scheduled for 2027. The partnership has now been dissolved as Powerchip seeks to provide technology for a fab to be built in India by Tata. ➁ Last week, Indian Prime Minister Narendra Modi met with Natarajan Chandrasekaran, chairman of Tata, and Powerchip chairman Frank Huang, where PSMC expressed interest in expanding its presence in India. ➂ Powerchip and Tata have agreed to collaborate on a fab in Gujarat, India, with Tata providing the funding and Powerchip providing the process technology for PMICs and display drivers.

➀ France's European Commissioner Thierry Breton has resigned following a spat with newly re-elected EC President Ursula von der Leyen; ➁ Breton had been appointed by Macron to serve a second term as EU commissioner, but von der Leyen requested the French government to withdraw his name; ➂ Breton announced his resignation on Twitter with a picture of a blank picture frame.

1. ALF, an AI agent by ChannelTalk, has been adopted by over 500 customer companies within four months of its launch; 2. In August, ALF handled an average of over 20,000 consultation cases per week, with 30% of them being processed without the intervention of a human consultant; 3. Companies like Berrysee and Onnuristore have successfully utilized ALF to handle customer inquiries, optimizing their business operations.

➀ The UK Space Agency (UKSA) has awarded £2.5 million to ten pilot projects aimed at utilizing satellite data to enhance transport, logistics, and financial services. ➁ These projects will combine satellite data with terrestrial technologies like AI and quantum to provide deeper analysis and new solutions. ➂ The initiative seeks to overcome barriers for organizations new to using satellite data, aiming to benefit their operations and bottom line.

1. The mother of Yu Young-sang, CEO of SK Telecom, has passed away; 2. The funeral is being held in Sancheong-gun, Gyeongsangnam-do, with the burial scheduled for the 29th; 3. The family includes Yu Kyung-sang, manager at Lotte Chilsung, and Yu Gil-sang, a professional at Samsung Electronics' communication team.

➀ The founder of Laidian Technology, a leading company in the shared power bank industry, has gone missing. ➁ The situation may involve the loss of state-owned assets.

1. Sungkyunkwan University (SKKU) held its 82nd Commencement Ceremony, with a total of 1,516 graduates receiving their degrees, including 130 PhDs, 514 Masters, and 872 Bachelors. 2. Lee Ju-wan, CEO of Megazone Cloud, was awarded an Honorary Doctorate in Business Administration for his significant contributions to the Korean economy, management, and ICT sectors. 3. President Eom Jong-hwa of SKKU praised Lee Ju-wan for leading ICT businesses for 25 years and turning Megazone Cloud into a leading cloud management service company in Korea and Asia, achieving a valuation of 2.4 trillion KRW in 2022.

➀ Infineon reported a 2% quarter-over-quarter revenue increase in FY Q3, reaching €3.7 billion with a profit of €734 million. ➁ The company anticipates Q4 revenue of €4 billion with a margin of 20%. ➂ For FY 2024, Infineon expects total revenue of €15 billion and a profit margin of 20%, with planned capex of €2.8 billion and expected free cash flow of €1.5 billion.

1. Chinese auto insurers are losing money on EV insurance due to higher claim rates and repair costs, but are legally prohibited from raising premiums. 2. EVs in China are insured at similar costs to twice as expensive ICE vehicles, despite being more likely to file claims. 3. Factors contributing to high EV insurance premiums include quicker acceleration, higher repair costs, manufacturer-only repair limitations, and extensive use in ride-hailing services.

1. Doosan Enerbility's Q2 operating profit decreased by 37.3% year-on-year due to the underperformance of its subsidiary Bobcat; 2. The company's energy division saw an increase in sales and operating profit due to the expansion of nuclear and gas turbine business; 3. Doosan Enerbility aims to secure contracts in the European nuclear market, following the selection of Korea Hydro & Nuclear Power as a preferred negotiator for new nuclear projects in the Czech Republic.

1. ST reported Q2 net revenues of $3.23 billion with a gross margin of 40.1% and an operating margin of 11.6%. 2. The company's H1 net revenues were $6.70 billion, with a decrease of 21.9% year-over-year. 3. ST expects Q3 revenues of $3.25 billion and has revised its FY24 revenue forecast to a range of $13.2 billion to $13.7 billion.

1. Alphawave IP reported a 98% year-over-year increase in Q2 revenues, primarily from licence and NRE. 2. The company saw a 27% increase in new bookings and 14 new design wins. 3. Alphawave expects significant revenue contributions from chiplet-based designs starting in 2025.

1. TI reported Q2 revenue of $3.82 billion and net income of $1.13 billion. 2. Revenue decreased 16% year-over-year but increased 4% sequentially. 3. CEO Haviv Ilan highlighted the strength of the business model and the benefits of 300mm production.

1. Tailored Cleaning Services; 2. Premium Dog Walking; 3. Car Rental Escapes; 4. Artisanal Candle Crafting; 5. Green Thumb Gardening

1. The ifaa's new guide offers practical suggestions for companies to improve sustainability without complex systems or high investments. 2. Focus areas include processes, energy, tools, personnel, and communication. 3. Benefits include economic savings, enhanced company appeal, and increased employee responsibility.

1. Kim Byeong-jae (92) passed away; 2. Funeral service held at Seoul St. Mary's Hospital; 3. Burial to take place on July 1st at 7:30 AM at Namhangang Public Park Cemetery