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75 months, zero defects: Hanwha pitches for US military upkeep role
CHANGWON, South Gyeongsang Province — A board stood tall near the entrance of Hanwha Aerospace’s aircraft engine maintenance, repair and overhaul plant in Changwon, South Gyeongsang Province, Thursday afternoon. On it, a sign in the top right corner read “75 months of zero defects in a row.” The no-fault duration, which equates to six years and three months, served as a reminder highlighting the reliability and expertise of Hanwha Aerospace’s aircraft engine MRO business over the years. As the K
April 27, 2025 -
Seoul, Washington lay groundwork for tariff relief deal by July
South Korea and the US have agreed to work toward a “July Package," a comprehensive package deal aimed at eliminating US tariffs on Korean exports before July 8, when the 90-day grace period on US "reciprocal tariffs" expires, according to Korea’s top officials on Friday. The agreement came during a “2+2” trade meeting in Washington on Thursday, between South Korean Deputy Prime Minister and Finance Minister Choi Sang-mok, Industry Minister Ahn Duk-geun and their US counterparts, Treasury Secret
April 25, 2025 -
SK Networks debuts robotics brand NamuhX ahead of July launch
SK Networks, the IT solutions unit of SK Group, on Wednesday launched its new robotics brand NamuhX, unveiling plans to debut its first wellness robot in July. Major clients, development partners and media attended the showcase event in Seoul, which began with congratulatory video messages from global figures including Vivek Ranadive, chairman of Bow Capital and owner of the NBA’s Sacramento Kings, and Son Tae-jang, chairman of Mistletoe and a founding member of SoftBank and Yahoo Japan. SK Netw
April 25, 2025 -
Foreign gaming companies must appoint local reps in Korea under new law
Foreign-based game companies in South Korea will be required, starting later this year, to designate a domestic representative for legal compliance with gambling-related statutes and other rules, if they grow to a certain size in terms of sales or number of users. The change is in line with a revision of the Game Industry Promotion Act, set to take effect on Oct. 23, according to the Ministry of Culture, Sports and Tourism. Companies subject to this measure will be notified individually, the min
April 24, 2025 -
SK hynix posts stellar Q1 earnings, fueled by AI growth
SK hynix posted its second-highest quarterly operating profit of 7.44 trillion won ($5.2 billion) for the January-March period this year, up 158 percent on-year. Achieving the record performance during the seasonal slowdown, the memory chip maker attributed its success to robust demand for high-value artificial intelligence chips and stockpiling ahead of anticipated US tariffs. A leading supplier of the popular high bandwidth memory chip, SK hynix reported Thursday that it has recorded quarterly
April 24, 2025 -
Go big or go home: Presidential hopefuls pledge mega AI investments
In South Korea’s heated race for the early presidential election June 3, artificial intelligence has become the latest buzzword. Candidates are vying to outbid one another with eye-popping investments and grand promises, each casting themselves as the ideal leader for the new era. From a “Korean-style ChatGPT” to mandatory military service exemptions for tech talent to ambitious plans to nurture the next Nvidia or Palantir, candidates from the rival main parties on both sides of the aisle are ro
April 23, 2025 -
South Korea seeks tariff relief in high-level trade talks with US
South Korea's finance and trade ministers are set to hold high-level talks with their counterparts in the US' Trump administration on Thursday, aiming to ease tariff-related tensions and address broader trade concerns. Upon arriving at Washington Dulles International Airport on Tuesday (local time), Deputy Prime Minister and Finance Minister Choi Sang-mok said the talks would focus on promoting mutual understanding. "I plan to actively explain Korea's position while listening to the concerns of
April 23, 2025 -
The Asia Group launches Seoul office, citing Korea’s global strategic role
The Asia Group, a US-based strategic and investment advisory firm, launched a new office in Seoul this week to serve the growing number of high-potential clients with investment power in Korea. “Establishing a strong on-the-ground presence in Seoul underscores TAG’s long-term strategic commitment to the region,” said TAG Chairman and Co-Founder Kurt Campbell, who visited Seoul from Tuesday to Wednesday. “South Korea’s role as a global innovation leader and strategic player in Northeast Asia make
April 23, 2025 -
Who owns AI art? AI-generated Ghibli selfies spark legal debate
What began as a nostalgic craze — turning selfies into illustrations styled after Japan's much beloved Studio Ghibli — quickly went viral, drawing millions of users to ChatGPT’s new image generation feature. With a simple photo upload and a text prompt like “turn this selfie into a Ghibli-style image,” OpenAI’s GPT-4o model can transform the image into one that mimics the studio’s distinctive works within seconds, based on the vast variety of image styles it has been trained on. But behind the c
April 23, 2025 -
Samsung OLEDs top new brightness benchmark
Samsung Display said Wednesday it has become the first company in the industry to receive the prestigious certification for perceptual brightness validation from UL Solutions, a global safety science company. The True Bright certification measures the black luminance and the perceptual contrast length of displays, using the measurement method adopted as a standard by Semiconductor Equipment and Materials International. The technique was introduced earlier this year by UL Solutions. UL Solutions
April 23, 2025 -
Does your phone eavesdrop to target ads? A Samsung engineer and Korean regulators weigh in
You casually mention needing new shoes. Hours later, you’re served a sneaker ad on Instagram. Coincidence? Maybe. Creepy? Absolutely. Moments like this have fueled one of the most persistent digital-age suspicions: that your smartphone is secretly listening to your conversations to deliver eerily relevant ads. It feels too accurate to be anything else. But is that really what’s happening? According to interviews conducted by The Korea Herald with a current Samsung AI engineer, an information sec
April 23, 2025 -
S. Korea to apply AI technology in retail businesses for productivity innovation
South Korea will work to apply artificial intelligence technology in retail businesses as part of efforts to enhance the productivity of the highly competitive sector, the industry ministry said Wednesday. A new alliance of some 40 retail and AI companies was set to be launched later in the day to this end, according to the Ministry of Trade, Industry and Energy. The alliance plans to initiate 10 projects aimed at developing AI-based retail sales models, supporting the creation of 30 AI-focused
April 23, 2025 -
SK hynix completes customer validation of DDR5 memory chips
SK hynix Inc. said Wednesday its 96 gigabyte double data rate 5 memory chips have passed customer validation, marking a key step toward production readiness. The new product, known as CMM-DDR5, is a dynamic random access memory solution for data center servers. When integrated into server systems, it can process data at speeds of up to 36GB per second. Compared to earlier DDR5 modules, the new chips offer a 50 percent increase in capacity and a 30 percent improvement in bandwidth performance, ac
April 23, 2025 -
1 in cardiac arrest, another wounded in stabbing rampage in Seoul
Two people were wounded Tuesday after a man went on a stabbing rampage in Seoul, authorities said. The victims were taken to nearby hospitals after being injured in the attack at a supermarket near Seoul's Mia Station. One of them was reportedly in cardiac arrest. Police apprehended the suspect, who was reportedly wearing a hospital gown at the time of being detained, the authorities said. Other details are not immediately available.
April 22, 2025 -
Global shares mixed amid investor worries after Wall Street tumble
Global shares were trading mixed Tuesday amid global skepticism about US investments and President Donald Trump’s trade war. France's CAC 40 dipped 0.8 percent in early trading to 7,225.85, while the German DAX declined 0.4 percent to 21,119.56. Britain's FTSE 100 added 0.2 percent to 8,295.82. US futures were set to drift higher with Dow futures up 0.8 percent at 38,647.00. S&P 500 futures rose 0.9 percent to 5,231.50. Trading was cautious in Asia, where the benchmark Nikkei 225 lost 0.2 percen
April 22, 2025