1.39 Million Young Koreans Join State Savings Program; More Slots Eyed for September

■AI PRISM [Campus News] Youth Future Savings Draws 1.39 Million, Most in 25-29 Age Group Chinese AI PhDs Land $860,000 Starting Pay as Big Tech Talent War Intensifies System Integrators Speed Up Factory Automation

Finance|
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By Kim So-yoon, Intern Reporter
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null - Seoul Economic Daily Finance News from South Korea

▲ AI PRISM* Personalized 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 items by reader type.

[Key Issue Briefing]

■ First Results In for Youth Asset-Building Product: Final enrollment in the Youth Future Savings program was confirmed at 1.385 million people. By age, the 25-29 group was the largest at 524,000. The Financial Services Commission (FSC) is reviewing an additional enrollment round in September.

■ Global AI Talent War Reaches Extremes: Xiaomi secretly recruited a key executive from ByteDance's robotics team. Chinese big tech firms are staking everything on securing talent, offering new PhD graduates annual pay of more than 1 billion won ($735,000). Job postings in the AI field have surged more than tenfold from a year earlier, reflecting an explosive rise in demand for related talent.

■ System Integrators Expand into Integrated Robot Control: Major system integrators, including LG CNS, POSCO DX and Samsung SDS, are accelerating businesses that bundle heterogeneous robots onto a single platform for integrated control. As inquiries about robot automation surge even among small and mid-sized firms, demand for workers in robot orchestration is also growing quickly.

[News of Interest to University Students and Job Seekers]

1. Youth Future Savings Draws 1.39 Million; September Round Likely

Summary: Final enrollment in the Youth Future Savings program was confirmed at 1.385 million people. The standard type accounted for 983,000 (70.9%) and the preferential type for 389,000 (28.1%). Those in the 60 million to 75 million won annual income bracket receive only the tax exemption on interest income, without government matching contributions. By age, the 25-29 group was the largest at 524,000 (37.8%), followed by the 30-34 group at 510,000 and the 19-24 group at 290,000. The FSC is reviewing an additional enrollment round in September. Job seekers who have not yet enrolled should watch for the schedule announcement, according to analysts.

2. Xiaomi Poaches ByteDance Robotics Chief; Staff Kept in Dark for a Year

Summary: Kong Tao, who led ByteDance's robotics team, has been confirmed to be heading the foundation model team at Xiaomi's robotics division since last summer. New AI-related job postings in China have surged more than tenfold from a year earlier. Average monthly pay has climbed to between 9.86 million and 16.37 million won. Among PhD graduates from Tsinghua University's computer science department, some cases of starting pay of more than 1.2 billion won have emerged. As the AI talent war among Chinese big tech firms intensifies, global employment opportunities are widening for job seekers with expertise in robotics and AI, according to observers.

3. System Integrators Take the Baton on Factory Robots, Speeding Up Automation

Summary: LG CNS, POSCO DX and Samsung SDS have begun in earnest a business that links heterogeneous robots to manufacturing execution systems (MES) and manages them on a single integrated platform. Samsung SDS made its intent for the new business clear, renaming its MES Execution Group the RX (Robot Transformation) Execution Group alongside its push into robot orchestration. As inquiries about robot automation grow even among small and mid-sized firms, order-winning competition among system integrators is expected to intensify further. Demand for IT workers with hands-on skills in integrating MES and robots is rising steeply. Job seekers in the field need to prepare strategically, according to analysts.

[News for University Students and Job Seekers' Reference]

4. "Leading Physical AI With Robot Data Gathered in the Field"

Summary: AIL has deployed two humanoid robots on an auto parts production line in Hwaseong, Gyeonggi Province, accumulating 562,889 operational data points over 135 days as it expands its physical AI business. The company is also actively securing specialized talent, hiring Dr. Jung Moon-sik, formerly of Seoul National University's AI research institute, as chief AI officer (CAIO). The company aims to develop its own robot foundation model (RFM) and expects meaningful physical AI revenue starting in the third quarter this year. As the accumulation of real-world data emerges as a core competitive edge in physical AI, demand for related research and development workers is expected to grow.

5. K-Fashion Platforms Shine in Japan, Speed Up Offline Expansion

Summary: Musinsa's transaction volume in Japan surged 182% in the second quarter this year from a year earlier, marking its second straight quarter of triple-digit growth. Ably's overseas platform Amood also saw the number of its listed markets rise 30% from a year earlier. Demand for K-fashion is expanding rapidly across East Asia, including Japan, Taiwan and Hong Kong. Musinsa plans to open its first offline store in Japan next year while also pursuing entry into Southeast Asia. With the domestic fashion market stagnating at around 50 trillion won a year, overseas expansion has emerged as a key growth challenge, raising demand for talent skilled in global marketing and localization.

6. LX Mass-Produces First Automotive MCU, Supplies Hyundai and Kia

Summary: LX Semicon has succeeded in mass-producing the LX61101, an automotive MCU specialized in motor control, and began supplying it to Hyundai Motor and Kia in July this year. LX Semicon handled the chip design, Samsung Electronics the foundry work, and a domestic OSAT firm the back-end processing, building a complete domestic supply chain from design to sales. The automotive MCU market is projected to grow at an average annual rate of 7.6%, from 9.0346 trillion won in 2026 to 15.0595 trillion won in 2033. As the automotive semiconductor supply chain, long heavily dependent on foreign firms such as NXP and Renesas, establishes a foundation for localization, jobs in the domestic system semiconductor field are expected to increase.

▶ Read the article: 'Declaring War on Treasury Yields': What Are Bessent's Three Cards?

▶ Read the article: Financial Public Institution Unions: "Relocation to Provinces Would Shake the Advanced-Industry Support Ecosystem"

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

Original reporting by Kim So-yoon, Intern Reporter for Seoul Economic Daily.

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

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