Latest news
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Exhibition showcases trend of electric vehicles
SEOUL, June 4 (AJP) - South Korea’s premier electric vehicle exhibition, EV Trend Korea 2025, opened in Seoul on Tuesday with an awards ceremony honoring standout innovations in the nation’s fast-growing EV sector. The three-day event, hosted by the Ministry of Environment at COEX convention center, brought together major industry stakeholders, including the Korea Battery Industry Association and the Korea Automotive Environmental Association. Ahn Se-chang, director g
June 4, 2025 -
Samsung showcases AI-powered home appliances in Mexico City
SEOUL, June 04 (AJP) - Samsung Electronics unveiled its latest line of artificial intelligence-powered home appliances at a regional tech event in Mexico City, as the South Korean tech giant ramps up efforts to expand its footprint in the Latin American market. The “2025 Latin America Tech Seminar” brought together about 60 media representatives and industry professionals from 13 countries, including Brazil, Chile, Colombia and Mexico. The event marked the regional de
June 4, 2025 -
Italian National Day celebrated in Seoul with focus on cultural and people-to-people ties
SEOUL, June 04 (AJP) - The Embassy of Italy in Seoul hosted a National Day reception on Jun. 2 at the Italian Ambassador’s Residence in Hannam-dong, bringing together around 1,500 guests, including diplomats, government officials, celebrities, and members of the public and private sectors. The event celebrated the 79th anniversary of the Italian Republic, which was established through a nationwide referendum in 1946. This year’s gathering followed the 140th anniversary
June 4, 2025 -
Business groups urge new president to focus on economic recovery
SEOUL, June 4 (AJP) - South Korean business groups called on President Lee Jae-myung to revitalize the country’s flagging economy and position it as a global economic heavyweight amid mounting domestic and international challenges. In a series of statements issued Tuesday, business leaders asked the new administration to prioritize economic stability, bolster industrial competitiveness, and enact reforms aimed at restoring growth in a nation grappling with sluggish consumption
June 4, 2025 -
SK hynix overtakes Samsung to claim top spot in global DRAM market
SEOUL, June 04 (AJP) - SK hynix surpassed Samsung Electronics in the first quarter of 2025 to become the world’s largest supplier of DRAM chips, according to data released Tuesday by market research firm TrendForce. It marks the first time the memory chipmaker has claimed the top position in the global DRAM market, long dominated by its larger domestic rival. The global DRAM industry recorded $27.01 billion in revenue for the quarter ending in March, a 5.5 percent decline f
June 4, 2025 -
South Korea inaugurates new president
SEOUL, June 4 (AJP) - South Korea's newly-elected President Lee Jae-myung was sworn in on Wednesday with a low-key inauguration ceremony at the National Assembly in Seoul. Lee's tenure as the country's 21st president already began when he was briefed about military readiness, following the National Election Committee's formal approval of his victory at the previous day's presidential election. He began the day by leaving his home in Gyeyang, Inc
June 4, 2025 -
Lee Jae-myung's resounding win paves way for strong leadership and bold policy drive
SEOUL, June 4 (AJP) - Tuesday's presidential election was a decisive win for the main opposition Democratic Party (DP), as its candidate Lee Jae-myung secured a record 49.42 percent, defeating Kim Moon-soo of the ruling People Power Party (PPP) by 2.89 million votes or 8.27 percentage points. With a record turnout of 79.4 percent, the highest since the 1997 presidential election's 80.7 percent, Lee took the lead soon after votes were counted and maintained it, finishing firs
June 4, 2025 -
PHOTOS: President Lee Jae-myung's five-year term begins
SEOUL, June 04 (AJP) - The National Election Commission officially confirmed Lee Jae-myung of the Democratic Party of Korea as South Korea's new president early Wednesday in accordance with the results of the 21st presidential election. Lee's five-year term officially began at 6:21 a.m. Lee secured the presidency with a final vote share of 49.42 percent.
June 4, 2025 -
Kim Moon-soo concedes presidential race, congratulates Lee Jae-myung in early-morning remarks
SEOUL, June 04 (AJP) - People Power Party presidential candidate Kim Moon-soo acknowledged his projected defeat early Wednesday morning, offering congratulations to rival Lee Jae-myung and expressing gratitude to his supporters. Speaking around 1:30 a.m. on Jun. 4 at party headquarters in Yeouido, Seoul, Kim appeared before reporters and campaign staff following a night of sobering exit poll results and early vote counts. His remarks came shortly after major broadcasters projected
June 4, 2025 -
Lee Jae-myung declares intent to lead as president in early morning address amid projected victory
SEOUL, June 04 (AJP) - Democratic Party candidate Lee Jae-myung addressed supporters in the early hours of Wednesday, Jun. 4, delivering what sounded like a de facto victory speech, even as final vote counts in South Korea’s 21st presidential election were still underway. Speaking shortly after 1:15 a.m. in front of the Democratic Party headquarters in Yeouido, Seoul, Lee acknowledged that he had not yet been officially confirmed as president-elect but said he felt a strong
June 4, 2025
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Korea seeks to address China's export controls on key materials
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PHOTOS: Lee's first press conference as president
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President Lee Jae-myung says cutting off dialogue with N. Korea is 'truly foolish'
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S. Korea enters final phase of minimum wage talks for next year
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N. Korea reaffirms nuclear status and blasts S. Korea and US for joint drills
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Jungkook sets new records on Spotify as Asia's top solo act
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KCC Group pivots to defense tech, semiconductors as construction falters
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K-pop band TXT gears up for July comeback with preview of fourth studio album
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Reunited BTS members gear up for new album ahead of return next spring
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Nokia promotes AI-powered networks as crucial to Korea's tech future