HD Hyundai Electric has produced its 1,000th power transformer at its Alabama manufacturing subsidiary, marking a milestone in its U.S. market expansion. The 1,000th unit, a 500-kilovolt, 675-megavolt…
South Korean stocks surged a record 17.91 percent on Friday, with the KOSPI closing at 6,595.45, as better-than-expected Microsoft earnings eased concerns over AI spending and drove a chip rally. Sams…
Hyundai Engineering unveiled a new corporate vision Thursday at its Seoul headquarters to expand beyond traditional engineering, procurement and construction into future energy and advanced industrial…
KT Corp. has signed a three-way collaboration agreement with on-device AI chipmaker DeepX and edge computing firm Sesol to jointly develop NPU-based AI edge systems for transportation and industrial s…
LG AI Research unveiled South Korea's largest homegrown AI model, K-Exaone 2.0, with 750 billion parameters, more than three times the size of its predecessor, and released it on Hugging Face under th…
Seoul shares fell by more than 1 percent Thursday as retail investors heavily sold tech stocks amid concerns over artificial intelligence spending and uncertainty about the Federal Reserve's interest …
Samsung Electronics' semiconductor business posted record second-quarter revenue and operating profit driven by AI server memory demand, but its foundry operations lag TSMC and its mobile business swu…
Samsung Electro-Mechanics reported record quarterly revenue of 3.46 trillion won ($2.4 billion) for April-June, up 24% year-over-year, driven by demand for multilayer ceramic capacitors (MLCCs) for AI…
Hyundai Motor Group has hired Kwon Jung-hyun, a former Samsung Electronics executive and Nvidia autonomous driving software veteran, to lead its Autonomous Driving Development Center. Kwon will overse…
Apple plans to unveil its first AI smart glasses at WWDC in June 2027, joining Samsung in challenging Meta's 85.2% market share in the global AI smart glasses market, according to industry sources. Sa…
South Korea's First Vice Finance Minister Lee Hyoung-il chaired discussions with financial authorities after the US Federal Reserve held its benchmark interest rate at 3.5-3.75 percent for the fifth c…
Seoul shares opened higher Thursday, with the KOSPI up 0.35% to 5,683.09, as investors sought bargains after a sharp decline amid AI spending concerns. The index had plunged 5.98% on Wednesday followi…
Samsung Electronics posted a record 89.5 trillion won ($61.9 billion) in operating profit for the second quarter, driven by the AI-driven memory boom, with revenue reaching 171.5 trillion won, up 28 p…
South Korean President Lee Jae Myung's government has launched an ambitious industrial policy strategy to promote semiconductors, AI infrastructure, robotics and other frontier industries, with combin…
Bill Gates is planning to visit South Korea as early as next month for meetings with Prime Minister Han Seong-sook, industry sources said Wednesday. Gates' team recently requested a meeting with the p…
SK hynix reported record second-quarter revenue of 79.32 trillion won ($54.8 billion), up 256.8% on-year, and operating profit surged 557.2% to 60.54 trillion won, with an operating margin of 76%. The…
KT Corp. held its fourth Customer Listening Forum on Wednesday in Seoul, inviting 14 foreign residents from 10 countries to gather feedback on telecom service challenges, as the company expands suppor…
Sixteen single-stock leveraged ETFs launched in South Korea in May, at the peak of an AI-driven memory chip boom, have amplified volatility in Samsung Electronics, SK hynix, and the broader Kospi inde…
Krafton released its new audio foundation model A.X K2 Raon-Speech on Hugging Face, a 21-billion-parameter model that ranked first among Korean models and third among English-language models with fewe…
Seoul shares opened sharply higher Wednesday, with the KOSPI rising 2.23 percent to 6,157.90, as investors went bargain hunting after a 10.84 percent plunge the previous session driven by a sell-off i…