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Samsung vaults into global top tier as AI-driven memory boom turbocharges profits
SEOUL, April 07 (AJP) - Its record-smashing first-quarter earnings that nearly matched the full-year income of its previous peak in 2018 place Samsung Electronics among the world’s top five big tech firms and suggest it could even challenge Nvidia in operating profit if the memory supercycle extends into next year. The company on Tuesday estimated its first-quarter operating profit at 57.2 trill
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Another bio boom burst looms over KOSDAQ
SEOUL, April 07 (AJP) - Boom-and-bust cycles have long defined Korea’s bio stocks, and the latest episode has unfolded around generic and specialty drugmaker Sam Chun Dang Pharm. Sam Chun Dang closed Tuesday at 519,000 won ($345), down 16.02 percent on the day. From its closing high of 1.184 million won on March 30, the stock has plunged more than 56 percent — a sharp reversal after an earlier
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Seoul sends envoy to Kazakhstan, Oman, and Saudi on energy mission
SEOUL, April 07 (AJP) - South Korea is dispatching a government delegation led by a senior presidential envoy to key energy partners in Central Asia and the Middle East to secure crude oil and naphtha supplies as the country braces for fallout from prolonged disruptions of the Strait of Hormuz. Kang Hoon-sik, chief of staff to President Lee Jae Myung, will depart Tuesday for Kazakhstan, Oman and Saudi Arabia in
Actor Hyun Bin chosen as face of South Korea's spy agency
Chang Han-na to lead Seoul Arts Center in first for musician, woman
BTS becomes first K-pop act with multiweek No. 1 on Billboard 200
Two low-budget South Korean films invited to compete at Moscow Int'l Film Festival
'The King's Warden' continues successful box-office run, drawing 16 million viewers
BTS '2.0' MV channels Oldboy noir as cinematic callbacks spark global buzz
