Seoul stocks open sharply lower on tech selloff
Seoul shares opened sharply lower Tuesday, with the benchmark Kospi trading 244.84 points, or 3.66 percent, lower at 6,452.12 as of 9:15 a.m., following overnight losses in US technology shares and re…
Seoul shares opened sharply lower Tuesday, with the benchmark Kospi trading 244.84 points, or 3.66 percent, lower at 6,452.12 as of 9:15 a.m., following overnight losses in US technology shares and re…
South Korean Foreign Minister Cho Hyun met Mexican counterpart Roberto Velasco in Seoul on Monday to discuss expanding bilateral cooperation, including in artificial intelligence, space, education and…
Samsung Electronics and SK hynix are gaining pricing power as server makers raise prices for Nvidia-based AI systems by more than 15 percent for shipments starting in early 2027, according to Bloomber…
South Korea's media watchdog, the Korea Media and Communications Commission (KMCC), said Monday it banned access to 64 foreign websites that allow users to create pornographic deepfakes using AI, with…
The Export-Import Bank of Korea will provide 300 billion won ($218 million) in financing for LS Cable & System's subsea cable plant in Chesapeake, Virginia, which is expected to become the largest sub…
Five of 11 securities firms cut their target prices for Kakao on Monday after the company announced plans to split into two listed entities, Kakao AI and Kakao X, with Kiwoom Securities making the lar…
Google has launched a global campaign for its AI assistant Gemini featuring BTS member Jimin, who used the tool to compose messages for his fans. The campaign follows Google's partnership with BTS to …
Kakao Corp. said Friday it has no plans to turn Kakao X, the investment company created through its planned corporate split, into a holding company, with CEO nominee Kim Do-young stating 'absolutely n…
About 3,000 workers from Samsung Electronics' consumer-device division are set to rally in Seoul on Friday to demand additional compensation, as the AI-driven memory chip boom widens the pay gap with …
Kakao Corp. will split into two listed companies, Kakao AI and Kakao X, with the board approving a demerger on Friday. Kakao AI will house KakaoTalk and AI, advertising, and commerce businesses, while…
South Korea's Ministry of Planning and Budget announced Friday the launch of a 'Future Fund' financed by 'windfall revenue' from increased tax collection driven by the AI boom, aiming to boost long-te…
Primemas Inc. plans to begin mass production of its JBOM (just a bunch of memory) CXL pooled-memory system with Micron Technology in the second half of 2025, targeting AI data centers. The companies a…
Seoul National University Bundang Hospital has developed an AI-based program that identifies people at risk of aspiration by analyzing a two-second 'Ah' sound made after eating, achieving 81.78% sensi…
SK hynix and its labor union reached a tentative agreement to pay 60% of profit-sharing bonuses in company stock, with 40% in cash, as the chipmaker expects record earnings from AI memory demand. The …
Gaon Cable has secured a 200 billion won ($143.4 million) busduct supply deal with a major US cloud operator for a 250-megawatt AI data center project, marking its largest single-building data center …
LG CNS will deploy a four-legged security robot at Tower Palace in southern Seoul, marking the first residential use of its PhysicalWorks AI platform. The company signed an agreement with property man…
SK hynix announced Wednesday it will buy back and cancel 40 trillion won ($28 billion) of its own shares, the largest such cancellation by a listed South Korean company, and raised its shareholder ret…
South Korea's Deputy Prime Minister and Finance Minister Koo Yun-cheol told about 150 US business leaders in Seoul on Wednesday that Korea's manufacturing and technology base offers opportunities for …
Samsung Display introduced a new OLED technology at IMID 2026 in Busan that improves brightness consistency on foldable screens, addressing a limitation where curved areas around the crease appear at …
Samsung Electronics will invest 240 billion won ($171.6 million) to build a new HVAC production line in Gwangju, South Korea, with production slated to begin in early 2028. The facility will manufactu…