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Exclusive:Samsung brings ChatGPT Enterprise into prized chip business
SEOUL, July 22 (AJP) - Samsung Electronics is set to deploy ChatGPT Enterprise into its prized and heavily coveted semiconductor business by the end of July, signaling a strategic shift as artificial intelligence enters one of the company's most security-sensitive operations.
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Hyundai Motor Q2 earnings seen down 17%, data due Thurs
SEOUL, July 22 (AJP) - Hyundai Motor is expected to post a double-digit decline in second-quarter operating profit, as weaker vehicle sales combine with continued U.S. tariff costs and rising material and warranty expenses.
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Foreign holdings blunt Korea's wealth gains
SEOUL, July 22 (AJP) - South Korea's national wealth grew at less than half the previous year's pace in 2025, as a record rally in domestic stocks produced an accounting paradox.
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KOSDAQ gains new life from robotics jolt
SEOUL, July 22 (AJP) - Robotics stocks jolted the lethargic KOSDAQ market awake on Wednesday as investors bet that Samsung Electronics’ newly elevated robotics ambitions, military demand and Nvidia’s physical AI vision could turn South Korea’s equipment supply chain into the next major technology theme.
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Samsung bets on foldables — and fashion — at Galaxy Unpacked
SEOUL, July 22 (AJP) - Samsung Electronics is set to widen its foldable smartphone lineup and make its long-awaited entry into the AI smart glasses market on Wednesday (KST), betting that premium hardware, artificial intelligence and fashion-forward wearables can help it challenge Meta in the next phase of consumer AI.
Can a bigger World Cup keep its luster?
SEOUL, July 22 (AJP) - The World Cup has never been just about football. It has been a global stage where countries show off their sporting power, shape their national image and increasingly compete for influence and economic gain. That is why FIFA's consideration of expanding the quadrennial tournament to 64 teams in 2030 has sparked a debate that goes far beyond simply adding more matches or making the event bigger. FIFA President Gianni Infantino has argued that a larger World Cup would
by Lee Hugh
Reality check for Korea's Lee and Japan's Takaichi as their honeymoons end
SEOUL, July 20 (AJP) - The chemistry between South Korean President Lee Jae Myung and Japanese Prime Minister Sanae Takaichi appeared immediate, culminating in an impromptu drumming performance during their January summit in Nara. They also had much in common. Both took office as agents of change after periods of political turmoil. Both entered government with approval ratings that would be enviable in almost any mature democracy. Both benefited from weakened opposition camps and presented the
K-pop's second act: Why groups no longer really disappear
SEOUL, July 22 (AJP) - When NewJeans released a surprise anniversary film at midnight on July 22, it did more than celebrate four years since the group's debut. The video reunited Minji, Hanni, Haerin and Hyein in official group content for the first time in one year and four months after a prolonged contract dispute that had brought the group's activities to a halt. A court sided with their agency, ADOR, in both an injunction and the main lawsuit over the validity of their exclusive c
Chip boom puts BOK on tightening path, but spillover debate clouds outlook
SEOUL, July 21 (AJP) - South Korea's bond market is increasingly pricing in another interest-rate increase this year after the Bank of Korea's July hike, as Governor Shin Hyun-song argues that the country's chip-driven income boom is beginning to generate demand-side inflation despite a still-sluggish domestic economy. Investors now widely expect the benchmark policy rate to reach 3.0 percent by year-end after the central bank last week raised it by 25 basis points to 2.75 percent,