AI Pick
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Samsung Electronics Says It Will Seek to Avoid Disruptions if Union Strikes
Samsung Electronics said Thursday on its conference call for 2026 first-quarter earnings that its labor union, following a rally at its Pyeongtaek site on April 23, has warned of a general strike from May 21 to June 7. "It is difficult to comment on a strike at this point, but even if a strike occurs, we plan to respond to the fullest extent possible within legal limits through a dedicated organization and response system so that production disruptions do not occur," the company said.
April 30, 2026
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Hanwha Systems Installs Homegrown Ship Engine Control System on ROK Navy Destroyer Yang Manchun
A domestically developed integrated engine control system, or ECS, has been installed for the first time on an operational naval ship in South Korea, replacing a key component that had largely relied on foreign suppliers. Hanwha Systems said it held a ceremony on the 30th at Jinhae Port in Changwon, South Gyeongsang Province, with the Navy and the Defense Rapid Acquisition Technology Research Institute to mark completion of a performance upgrade for the Yang Manchun (DDH-I) integrated eng
April 30, 2026
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Hanwha Aerospace Q1 Operating Profit Rises 21% on Record Order Backlog
Hanwha Aerospace said Wednesday that its first-quarter operating profit rose 21% from a year earlier to 638.9 billion won on a consolidated basis. Revenue increased 5% to 5.751 trillion won. In its ground defense business, revenue came to 1.2211 trillion won and operating profit totaled 208.7 billion won. Revenue rose 5% from a year earlier, while operating profit fell 31%. The company said its order backlog hit a record high. Reflecting contracts including a deal finalized in January
April 30, 2026
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Samsung Electronics to Supply First HBM4E Samples in Q2, Company Says
Samsung Electronics said Thursday on its conference call for its 2026 first-quarter earnings that it plans to supply the first sample products of HBM4E, a high-bandwidth memory (HBM) chip, during the second quarter. The company said it will continue supplying AI-focused DRAM and NAND products, while actively responding to early memory demand for newly launched graphics processing units (GPUs) and central processing units (CPUs) expected in the second half.* This article has been translat
April 30, 2026
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Trump Says Administration Will Release More UFO Records Soon
President Donald Trump said the U.S. government will again move to release as much information as possible on UFOs, also known as UAPs, or unidentified anomalous phenomena. Reuters reported that Trump said on April 29 (local time) that his administration would soon make public “as much information as possible” about UFOs. He had made similar remarks at an April 17 event in Phoenix, Arizona, saying he had found “many very interesting documents” during a review and that an initial release
April 30, 2026
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Samsung Expects Lower Smartphone Shipments in H2, Higher Revenue on Premium Mix
Samsung Electronics said Thursday on its conference call for 2026 first-quarter results that it expects the smartphone market to see lower shipments in the second half as component prices rise, but revenue to increase as sales shift toward higher-end premium models. For tablets, the company forecast declines in both unit volume and revenue, citing cost pressures and reduced promotions. For notebooks and PCs, it said revenue is expected to grow on higher average selling prices, while ship
April 30, 2026
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Korea Names Lee Jae-yu, Kim Sa-guk and Kang Ju-ryong as May Independence Activists
The Ministry of Patriots and Veterans Affairs, led by Minister Kwon O-eul, said April 30 it selected Lee Jae-yu (Order of Independence, 2006), Kim Sa-guk (Patriotic Medal, 2002) and Kang Ju-ryong (Patriotic Medal, 2007) as the “May 2026 Independence Activists” for their efforts to improve harsh working conditions for Korean laborers amid Japanese colonial-era discrimination. The government posthumously awarded Lee the Order of Independence under the Order of Merit for National Foundatio
April 30, 2026