South Korea’s labor minister, Kim Young-hoon, calls on the country’s largest technology firms to share “excess profits” connected to the AI boom, including gains associated with the AI-driven chip cycle. In remarks reported by multiple outlets, Kim says the issue should be addressed through discussions among government bodies, companies and unions about how to distribute these windfall earnings. The minister’s focus is on narrowing economic gaps between major conglomerates and smaller suppliers and workers further down the supply chain. He warns that record profits in the sector could widen inequality if the benefits remain concentrated among top firms. The proposal is framed as a labor-and-industry coordination effort rather than an immediate, specific mandate, with Kim emphasizing dialogue on how excess profits could be shared with suppliers and staff. The reporting also links the call to broader concerns about whose interests the AI-driven economic upswing serves in South Korea.