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Japan to fund $21B deal to expand chip production in New York
Oct 14, 2026

Japan to fund $21B deal to expand chip production in New York

Japan is helping fund a $21 billion deal to build two new chip plants in upstate New York, President Trump announced Wednesday. The country will provide $10 billion to speed up construction of a semic...

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Netflix laying off 6 percent of its workforce, marking biggest round of job cuts in years
Oct 14, 2026

Netflix laying off 6 percent of its workforce, marking biggest round of job cuts in years

Netflix's product, tech, legal and human resources teams would be the most impacted, according to a memo from co-CEOs Greg Peters and Ted Sarandos....

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Hyundai Motor Group chief marks 6 years at helm with physical AI ambitions
Oct 14, 2026

Hyundai Motor Group chief marks 6 years at helm with physical AI ambitions

Hyundai Motor Group Executive Chair Chung Euisun marks six years at the helm on Wednesday, spearheading the automaker’s transformation into a global top-three auto player by sales and steering it into...

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Hanwha, US Army name US version of K9 howitzer XM1776
Oct 14, 2026

Hanwha, US Army name US version of K9 howitzer XM1776

WASHINGTON — Hanwha Defense USA (HDUSA) and the U.S. Army have officially designated the American version of Hanwha's K9 self-propelled howitzer as the XM1776 Mobile Tactical Cannon (MTC), the company...

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[PHOTO] Building AI-native workspace
Oct 14, 2026

[PHOTO] Building AI-native workspace

A POSCO Future M employee introduces an artificial intelligence (AI)-powered integrated materials management system during the company's AI Festival event in Pohang, North Gyeongsang Province, Tuesday...

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SK hynix projects AI infrastructure performance to grow 20-fold by 2030
Oct 14, 2026

SK hynix projects AI infrastructure performance to grow 20-fold by 2030

SK hynix projected Wednesday that the performance scale of artificial intelligence (AI) infrastructure will grow roughly 20-fold by 2030, driven by rapidly rising demand for AI inference. Ahn Hyun, he...

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Listed Hanwha companies to appoint independent directors as board chairs
Oct 14, 2026

Listed Hanwha companies to appoint independent directors as board chairs

Hanwha Group said Wednesday it has appointed an independent director as chair of the board at Hanwha Corp., the group's holding company, adding that other listed Hanwha affiliates will also appoint in...

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Diageo Korea whisky expert Sung Jung-yong earns prestigious Scotch honor
Oct 14, 2026

Diageo Korea whisky expert Sung Jung-yong earns prestigious Scotch honor

Sung Jung-yong, a veteran bartender educator known in Korea’s drinks industry as a mentor to generations of bartenders, has been inducted into Keepers of the Quaich, one of Scotch whisky’s most presti...

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LG CNS, KDDI team up on AI business in Asia-Pacific
Oct 14, 2026

LG CNS, KDDI team up on AI business in Asia-Pacific

LG CNS, the information technology services affiliate of LG Group, signed a memorandum of understanding with Japanese telecom company KDDI to work together on artificial intelligence (AI) and digital ...

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Netflix sends 81% of Korea revenue to US parent, report shows
Oct 14, 2026

Netflix sends 81% of Korea revenue to US parent, report shows

Netflix generated more than 1 trillion won ($730 million) in revenue in Korea last year, but sent 81 percent of that sum to its U.S. parent company, leaving its Korean operation with an operating prof...

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