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Coupang post-leak score: loss near $1.3 bn despite strong revenue
SEOUL, November 04 (AJP) -Coupang, approaching the first anniversary of its reputation-damaging November 2025 data breach in South Korea, reported resilient sales and a growing customer base but struggled with mounting losses amid legal and lobbying spending to address a string of mishaps.
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SK hynix says US chip equipment license remains valid
SEOUL, November 04 (AJP) - SK hynix said Wednesday it continues to bring U.S.-made semiconductor manufacturing equipment into its plant in Dalian, China, under an existing export license, while negotiations for next year's authorization remain underway.
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Seoul's forward USD book thins as KRW strengthens
SEOUL, November 4 (AJP) —A surging won, lifted by exporters selling their dollars, gave Seoul authorities less reason to prop up its currency in September, and its forward dollar book shrank for the first time in eight months.
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Europe prepares Ukraine force as peace talks near
ZURICH, November 04 (AJP) -Europe is stepping up preparations for a possible postwar deployment to Ukraine as President Volodymyr Zelenskyy seeks stronger military backing ahead of U.S.-mediated talks with Russia next week.
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Hackers turn up heat on Europe's supermarket freezers
ZURICH, November 03 (AJP) -Hackers have turned supermarket refrigeration systems against the food they were built to protect, forcing stores across Europe to discard spoiled goods after temperatures were reportedly raised to as high as 50 degrees Celsius.
AJP On-site: Life in a border village where even lunch requires military clearance
PAJU, South Korea, November 3 (AJP) — Getting a table at a restaurant in this South Korean village takes more than a reservation. You must first submit your name, the names of everyone traveling with you and your car's license plate number for military clearance. Only after the restaurant confirms that the information has been submitted can the journey begin. Google Maps is of little help. The restaurant sends its own directions because the navigation service does not provide routes
by Kim Hee-su and Joonha Yoo
AI necessity draws Korean chipmakers closer to Japan
SEOUL, November 02 (AJP) - History has often intruded on business between South Korea and Japan, two of Asia’s technology powerhouses. In 2019, a dispute over compensation for wartime forced labor spilled into semiconductor supply chains. Japan tightened export controls on critical chipmaking materials, and the two countries removed each other from lists of preferred trading partners. Since then, Korean manufacturers accelerated efforts to replace Japanese supplies with domestic products
Korea's factory recovery broadens beyond chips – albeit uneven
SEOUL, November 3 (AJP) — The AI revolution is moving at a speed that could make the Industrial Revolution look glacial. In South Korea, its shock waves are beginning to reach factory floors beyond the semiconductor cleanrooms that have long powered the country's industrial growth. Chips remain a pillar of Korean manufacturing and exports, but the AI investment boom is beginning to lift production in other industries. The spillover is becoming more visible, although the recovery remai
South Korean, Canadian experts discuss AI safety amid cyber threats
SEOUL, November 3 (AJP) - South Korea's push for stronger oversight of artificial intelligence (AI) gained fresh urgency on Tuesday as President Lee Jae Myung called for the establishment of a government-wide cybersecurity agency, while South Korean and Canadian experts gathered at the National Assembly to discuss international cooperation on AI safety and governance. A forum titled "Who Shapes the Future of AI?" was held in Seoul, bringing together academics, cybersecurity expert
Seoul launches AI agent project for military maintenance
China's BYD makes rapid strides in Korean ride-hailing market
