AI Pick
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SK Square Hits 52-Week High on SK Hynix Rally
SK Square rose to an intraday 52-week high on Wednesday, lifted by strength in shares of chipmaker SK Hynix. According to the Korea Exchange, SK Square was trading at 845,000 won as of 1:39 p.m., up 15,000 won, or 1.81%, from the previous session. The stock climbed as high as 877,000 won during the session, setting a new 52-week high. The move was widely seen as reflecting expectations that SK Square’s stake value will rise as SK Hynix shares advance. SK Square is SK Hynix’s largest shar
April 30, 2026
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CJ ENM Unveils AI-Assisted Feature Film, Says Costs and Time Cut Up to Sevenfold
“Watching a shot that wouldn’t come together for days get solved at once with AI made me realize how important technology is in content production.” Jung Chang-ik, head of CJ ENM’s AI Studio team, made the remarks April 30 at the “CJ ENM 2026 AI Culture Talk” event at CGV Yongsan I’Park Mall in Seoul. CJ ENM used the event to debut “Apartment (The House),” a hybrid feature film combining AI and live-action footage, and said it signals a shift in how films are made. The film was completed
April 30, 2026
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OneStore Unveils 'All-in-One' Platform Plan, Targets 2 Trillion Won in Transactions by 2030
South Korean app marketplace OneStore on April 30 laid out an “All in ONE Store” vision that combines downloading, payments and play on a single platform, as it moves to expand beyond a traditional app store. The company said it aims to reach 2 trillion won in transaction volume by 2030. OneStore unveiled its growth strategy for the next decade at a 10th anniversary press briefing at SKT’s T Tower in Seoul. CEO Park Tae-young said the past decade was about becoming a leading domestic ap
April 30, 2026
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Hana Bank to Provide Up to 85 Billion Won in Support for HD Construction Equipment Suppliers
Hana Bank said April 30 it signed a business agreement with HD Construction Equipment and the Korea Credit Guarantee Fund to support shared growth in the construction equipment industry. The agreement aims to help promising small and midsize companies in the sector grow, while building a public-private cooperation framework to support next-generation technology development and expand exports. Under the deal, Hana Bank and HD Construction Equipment will set up a special contribution fund
April 30, 2026
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Samsung Electro-Mechanics Q1 Operating Profit Rises 40% as Revenue Tops 3 Trillion Won
Samsung Electro-Mechanics said Thursday it posted first-quarter consolidated revenue of 3.2091 trillion won and operating profit of 280.6 billion won. Revenue rose 470.5 billion won, or 17%, from a year earlier and 307.0 billion won, or 11%, from the previous quarter. Operating profit increased 801 billion won, or 40%, year over year and 411 billion won, or 17%, quarter over quarter, despite reflecting 71.4 billion won in one-time costs. It was the first time since the company was found
April 30, 2026
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South Korea Supreme Court Upholds Convictions of 18 in Seoul Western District Court Riot
Supporters who stormed the Seoul Western District Court in protest of an arrest warrant for former President Yoon Suk Yeol have had their convictions finalized. According to the legal community on Wednesday, the Supreme Court’s third division, with Justice Oh Seok-jun presiding, upheld lower-court rulings that sentenced 18 defendants, including a man identified by his surname Kim, to prison terms or suspended sentences on charges including aggravated trespass. Prosecutors said the group
April 30, 2026
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Samsung Electronics says Q1 chip profit hit 53.7 trillion won; HBM sales to triple in 2026
Samsung Electronics said its semiconductor business generated about 54 trillion won in operating profit in the first quarter, far exceeding the company’s total operating profit for all of last year. In its final earnings release on Wednesday, Samsung said its Device Solutions (DS) division posted revenue of 81.7 trillion won and operating profit of 53.7 trillion won. Results surged as the spread of artificial intelligence boosted demand for high-value memory chips and prices rose. Reven
April 30, 2026
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South Korea Tax Agency: Apply for Work, Child Tax Credits by June 1; Up to 3.3 Million Won
The National Tax Service said Wednesday it will accept regular applications for 2025 earned income and child tax credits from May 1 through June 1 to support the living stability of low-income households. The agency said 3.24 million households with wage, business or clergy income in 2025 are eligible. It will send guidance in stages via mobile notifications (including government digital assistant alerts, KakaoTalk, Naver and text messages) and by mail. Payments will be made on Aug. 27 aft
April 30, 2026
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Korea’s Regular-Nonregular Pay Gap Widens as Short-Hour, Older Workers Rise
Nonregular workers’ total wage growth lagged that of regular workers last year, widening the pay gap between the two groups, government data showed. The ministry attributed the trend largely to an increase in nonregular workers in lower-paid, shorter-hour jobs. According to the Ministry of Employment and Labor’s “June 2025 Survey on Working Conditions by Employment Type,” the total hourly wage for wage workers stood at 25,839 won as of June last year, up 2.7% from a year earlier. Regular
April 30, 2026
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Samsung Electronics Posts Record Q1 Operating Profit as Chip Boom Outpaces Devices
Samsung Electronics said it posted its best-ever quarterly results in the first quarter of 2026, driven overwhelmingly by semiconductors, underscoring a widening gap between its chip business and its device operations. The company said Thursday that on a consolidated basis it recorded revenue of 133.9 trillion won and operating profit of 57.2 trillion won. Revenue rose 43% from the previous quarter and operating profit jumped 185%, setting a record for a single quarter. The Device Soluti
April 30, 2026