State-run firms' restructuring aimed at reform, not cost cuts: official

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Source: South Korea
Published: 2026-09-04 14:59 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: South Korea, Technology & AI, Business & Economy, Technology
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Snippet:
SEOUL, Sept. 4 (Yonhap) -- The proposed restructuring of state-run firms is aimed at responding to major changes in the industrial landscape, including the artificial intelligence (AI) transformation, rather than cutting costs, a finance ministry official said Friday.
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