AI supply chain exposure splits Q3 outlook for Samsung, LG parts units
Exposure to the artificial intelligence (AI) supply chain is splitting the third-quarter earnings outlooks for LG Innotek and Samsung Electro-Mechanics. The former faces weaker earnings prospects beca...
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LG Uplus app AI moves beyond Q&A to handle payments, roaming
LG Uplus is upgrading the artificial intelligence (AI) search engine in its customer app into an active agent that completes tasks rather than just answering questions, the company said Tuesday. Korea...
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KAIST's HBM pioneer honored with S&T Innovation Award
As artificial intelligence (AI) drives demand for ever-faster computing, Kim Joung-ho, a professor from Korea Advanced Institute of Science & Technology (KAIST), credited with helping lay the foundati...
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Samsung showcases next-generation AI memory at OCP, highlights AMD partnership
Samsung Electronics showcased next-generation memory and storage technologies at the 2026 OCP Global Summit in the United States on Monday (local time), highlighting its efforts to improve artificial ...
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Bond, CD issuance climbs 11.1% in Q3
Sales of bonds and certificates of deposits (CDs) in Korea rose more than 11 percent in the third quarter of this year from a year earlier, data showed Tuesday. The value of debt instruments issued du...
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SK earthon begins oil production at offshore field in Vietnam
SK earthon, a Korean oil exploration and production (E&P) company, said Tuesday oil production has recently begun at an offshore field in Vietnam where it holds a stake. U.S.-based Murphy Oil Corp., t...
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LS Electric secures $138.7 mil. transformer deal in US
LS Electric said Tuesday it has signed a 185.3 billion-won ($138.7 million) contract with global power solutions provider Bloom Energy to supply switchgear and distribution transformers. With the late...
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HD Hyundai, Siemens launch joint center for digital shipbuilding
HD Hyundai and Siemens Digital Industries Software opened a joint center in Busan on Tuesday as part of their efforts to accelerate digital transformation in the shipbuilding industry. HD Korea Shipbu...
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Seoul AI startup secures prized gateway to US market via New York program
A Seoul-based AI startup has joined a prestigious New York City commercialization program, opening a rare doorway to test its products with American companies and court global investors. NextPayments ...
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KAMCO broadens cooperation with Asian markets on bad loan management
The Korea Asset Management Corporation (KAMCO) is expanding its cooperation with Asian financial authorities, drawing on nearly three decades of experience managing nonperforming loans (NPL) to help c...
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