Doosan Tesna Expands Semiconductor Test Capacity, Restarts Pyeongtaek Plant 2 Project Doosan Tesna is making a large investment to expand its semiconductor testing infrastructure. According to industry sources on the 29th, the company disclosed that it decided to acquire about 190.9 billion won worth of tangible assets, including semiconductor test equipment, from Teradyne (TERADYNE (ASIA) Pte.,LTD) and SEMES, among others. Doosan Tesna said it will bring in the equipment in stages through the end of this year and continue expanding its semiconductor testing capacity. Th April 29, 2026

NH NongHyup Bank to Provide 500 Billion Won in Financial Support to OCI NH NongHyup Bank said it is moving to provide 500 billion won ($500 million) in financial support to OCI as part of efforts to foster future strategic industries. The bank said April 29 that it signed a financial cooperation agreement with OCI aimed at expanding “productive finance” and supporting future strategic industries. Under the agreement, NH NongHyup Bank plans to provide a total of 500 billion won in productive financing over the next three years. The bank said the support will April 29, 2026

Chaebi, Hyundai Motor launch EV charging subscription with 299 won-per-kWh discount Chaebi, a South Korean operator of fast EV charging infrastructure, said April 29 it has partnered with Hyundai Motor to roll out a Hyundai-only EV charging subscription plan. The plan, aimed at buyers of new Hyundai vehicles, offers a discounted rate of 299 won per kWh at Chaebi chargers and partner roaming stations. It also includes a 10% discount on Chaebi credit purchases of 10,000 won or more and discount coupons for “Chaebi Wash,” a premium hand car-wash service at Chaebi Stay. Cu April 29, 2026

Korea Investment & Securities raises HPSP target price 20% on AI-driven chip spending Korea Investment & Securities on Tuesday raised its target price for HPSP by 20% to 65,000 won from 54,000 won, citing expected benefits from expanding artificial intelligence demand that is driving investment in foundry and memory chips. It maintained its “buy” rating. Researcher Chae Min-sook said TSMC’s shortage of 3-nanometer production capacity is expected to create spillover gains for Intel and Samsung Foundry, and that HPSP should benefit because it supplies equipment to all th April 29, 2026

Trump Rejects Iran Proposal; Pakistan Expects Revised Plan Within Days, CNN Reports Pakistan, acting as a mediator, expects to receive a revised Iranian proposal to end the war within days as U.S.-Iran talks remain stalled, CNN reported April 28. CNN, citing a Pakistani source, said Iranian Foreign Minister Abbas Araghchi was to return to Iran that day after a trip to Russia and consult with the country’s top leadership. The source said internal coordination could take considerable time because the supreme leader’s whereabouts are not publicly disclosed, limiting communi April 29, 2026

Global Automakers Unveil China-Focused EV and AI Models at Auto China 2026 Global automakers seeking to regain ground in China are leaning harder into localization, rolling out strategy models that pair electrification with autonomous-driving and AI-driven digital features developed with Chinese partners. According to the industry on April 28, Mercedes-Benz moved to a head-to-head push by unveiling the China-only “electric GLC L” for the first time worldwide. The centerpiece is its in-house operating system, MB.OS. The company said a April 29, 2026

Auto China 2026 Showcases EVs Evolving Into AI-Driven Vehicles "The era of electrification has passed, and the era of intelligence has arrived." Auto China 2026, also known as the Beijing Motor Show, opened in China, the world’s largest electric-vehicle market. This year’s show spotlighted Chinese automakers rolling out new artificial intelligence and autonomous-driving technologies, while global carmakers sought to keep pace. German, South Korean and Japanese brands pushed deeper “In China for China” strategies, tailoring products a April 29, 2026

Kyobo Securities Raises Samsung SDI Target to 880,000 Won After Q1 Beat Kyobo Securities on Tuesday raised its target price for Samsung SDI to 880,000 won and maintained a “buy” rating, citing first-quarter results that beat market expectations by a wide margin. Choi Bo-young, a researcher at Kyobo Securities, said Samsung SDI posted consolidated first-quarter revenue of 3.5764 trillion won, up 12.6% from a year earlier. The company reported an operating loss of 155.6 billion won, a sharp improvement from the consensus estimate of an operating loss of 280. April 29, 2026

Korea Investment & Securities Raises Kumho Tire Target Price 71% on Improved Results Korea Investment & Securities said Kumho Tire posted solid results despite production disruptions from last year's factory fire, raising its target price 71% to 7,500 won and maintaining a 'buy' rating. In a report issued Tuesday, analyst Kim Chang-ho said higher raw material costs had already been reflected in earnings estimates, but the firm raised its profitability forecast to account for stronger-than-expected sales volume and an increase in average selling pri April 29, 2026

Bitcoin Slips to $76,000 Range as Middle East Tensions Weigh on Crypto Major cryptocurrencies, including bitcoin, weakened after a short-term rise as geopolitical tensions centered on the Middle East continued to weigh on risk assets. Bitcoin was trading at $76,221 as of 8 a.m. on the 29th, down 1.09% from a day earlier, according to global crypto market tracker CoinMarketCap. Ethereum fell 0.39% to $2,285. Binance Coin (BNB), Solana and XRP also slipped 0.31%, 1.02% and 1.25% to $623, $83 and $1.37, respectively. Analysts said rising geopolitical tensio April 29, 2026