South Korea's KOSPI index climbed above 8,100, extending intraday gains to 6%.

YONHAP reported on 3 that the South Korean government has decided to deploy a low-Earth-orbit satellite communications network of several hundred satellites by 2035. Korea Aerospace Administration chief Oh Tae-seok said the LEO network is core infrastructure for national security, communications sovereignty and the 6G era, and will bolster domestic satellite and launch-vehicle R&D and manufacturing. He also outlined accelerated lunar plans: a lunar communications relay satellite in 2029, a private small lunar lander launched by a domestic rocket in 2030, and an Earth–Moon science probe in 2031 to build out a national lunar exploration capability.

South Korean government is studying development of a domestic AI foundational model and plans to expand AI data center capacity, targeting 8.4 GW by 2029 and a further 10 GW by 2035, ChosunBiz reports.