Mirae Asset Life Insurance Decides to Invest in AI Semiconductor Firm 'Rebellions'
Mirae Asset Life Insurance announced on March 26 that it has decided to invest in Rebellions, an artificial intelligence (AI) semiconductor company, as part of its initiative to establish a unique business model that combines insurance and investment.
At the regular general shareholders' meeting held on the same day, Mirae Asset Life Insurance declared its core strategy as the "Korean-style Berkshire Hathaway" model, which organically integrates the company's core insurance business with self-capital investments. The company aims to secure sustainable growth drivers by directly investing in innovative companies, going beyond simple asset management.
At the board meeting held immediately after the shareholders' meeting, the board officially approved the investment plan in Rebellions, a leading domestic AI semiconductor design company. This investment marks the first execution of Mirae Asset Life Insurance's new growth strategy, reflecting its strong commitment to securing technological competitiveness in the AI semiconductor sector, which is a core infrastructure for future industries.
Jae-Sik Kim, Vice Chairman of Mirae Asset Life Insurance, stated, "This year will be the first year of transformation as we establish the 'Korean-style Berkshire Hathaway' model, going beyond the limitations of the insurance business. Starting with the investment in Rebellions, we will continue to expand our portfolio of innovative technologies such as AI infrastructure to enhance our corporate value."
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Mirae Asset Life Insurance plans to expand its investment horizon beyond Korea into the global market. A company representative said, "We are actively reviewing investments in promising tech companies in global markets, including the United States. We expect to soon be able to showcase concrete results from our global investment efforts."
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