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Samsung-Broadcom AI pact signals race for long-term chip supply
SEOUL, July 26 (AJP) - Samsung Electronics' sweeping five-year semiconductor partnership with Broadcom underscores a structural shift in the AI era, as leading technology companies increasingly lock in long-term chip supplies rather than rely on the notoriously volatile memory market.
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Russia preparing to receive 30,000 more North Korean troops, Zelensky says
SEOUL, July 26 (AJP) -Ukrainian President Volodymyr Zelensky said Saturday that Russia is preparing to deploy another 30,000 North Korean troops to support its war in Ukraine, warning that the deepening military partnership poses a growing security threat beyond Europe. In his nightly address posted on X.
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Korea's Chimaek diplomacy gets a Silicon Valley AI makeover
SEOUL, July 26 (AJP) - South Korea's signature chimaek culture — fried chicken and beer — found a Silicon Valley twist on Friday as President Lee Jae Myung clinked Budweiser bottles over burgers and fish and chips with Nvidia CEO Jensen Huang, Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, Hyundai Motor Group Executive Chair Chung Euisun.
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Southeast Korea sizzles as heat hotspot spreads beyond 'Daefrica'
SEOUL, July 26 (AJP) -South Korea's notorious summer heat is no longer confined to "Daefrica," the nickname long used for the sweltering city of Daegu, as extreme temperatures spread across much of neighboring North Gyeongsang Province in what meteorologists describe as a broader and more persistent heat wave.
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Section 301 cases offer room for negotiation as Korea: KITA
SEOUL, July 26 (AJP) -About half of the U.S. trade investigations launched under Section 301 over the past decade ultimately ended with tariffs being suspended or withdrawn through negotiations rather than fully enforced, offering South Korea a potential playbook.
When merits break: Will cockroach movement test Asia's youths?
SEOUL, July 26 (AJP) - The most remarkable thing about India's Cockroach movement is not that it forced the resignation of a cabinet minister. It is that it began with an insult. When a senior judge reportedly dismissed unemployed young Indians as "cockroaches" and "parasites," Generation Z did something previous generations rarely attempted. Instead of rejecting the slur, they adopted it, transforming a satirical Instagram page into a nationwide movement that ultimately
by Seo Hye Seung
Asia's Gen Z do not wait for permission anymore
SEOUL, July 24 (AJP) - A canceled exam in New Delhi. A social media ban in Kathmandu. A housing allowance in Jakarta. A job quota in Dhaka. None of these, on its own, reads like the beginning of a national crisis. Yet each one sent hundreds of thousands of young people into the streets, and in two of those countries the government did not survive. Something has shifted in how Asia's youngest adults deal with power. The region's leaders are finding out the hard way. The latest lesson is
Won breaks from yen as SK hynix dollar flows reshape FX outlook
SEOUL, July 24 (AJP) - "Excess volatility is undesirable." That identical message from the U.S. Treasury Department applied to both the South Korean won and Japanese yen in its latest semiannual currency report to Congress, even as it kept both countries on its monitoring list. Treasury said recent depreciation pressures were not in line with South Korea's strong economic fundamentals and reiterated that foreign-exchange intervention should be reserved only for episodes of excess
Trump's tariff maze keeps Korea guessing as another deadline looms
SEOUL, July 23 (AJP) - For U.S. trading partners—foes and allies alike—it has become nearly impossible to keep up with tariff rates during President Donald Trump’s second term. The levy on South Korean imports has swung from 25 percent to 10 percent, back toward 25 percent, down to 15 percent and then back again to 10 percent — all in little more than a year. The next number could be 12.5 percent. A temporary 10 percent U.S. surcharge on imports from South Korea and mo