AI Pick

  • BYD Korea Opens Pohang Service Center to Expand Access on South Korea’s East Coast BYD Korea said Sunday it has officially opened the “BYD Auto Pohang Service Center” in Pohang, North Gyeongsang Province. The Pohang facility is BYD Korea’s 18th service center for its passenger-car business and will operate as an integrated hub combined with the BYD Auto Pohang showroom that opened late last year. The center offers one-stop service covering vehicle consultation and test experiences, contracts, maintenance and accident repairs. It includes service lines that can handl April 27, 2026
  • Korea Exchange to Hold Regional Briefings on Corporate Governance Report Disclosures The Korea Exchange said it will hold a relay series of regional briefings this month in four cities — Busan, Daegu, Gwangju and Daejeon — for disclosure officers and others at KOSPI-listed companies on how to file corporate governance reports. The exchange said on the 27th the program was planned to help regional listed firms make smooth disclosures after the corporate governance report filing requirement was expanded this year to all KOSPI-listed companies. The sessions will explain the April 27, 2026
  • Taiwan court sentences ex-Tokyo Electron engineer to 10 years for TSMC trade secret theft Taiwan’s court specializing in intellectual property and commercial cases has sentenced a former employee of Japanese chip-equipment maker Tokyo Electron (TEL) to 10 years in prison for stealing confidential data from Taiwan Semiconductor Manufacturing Co., the world’s largest contract chipmaker. Bloomberg News and other outlets reported on the 27th that the Taiwan Intellectual Property and Commercial Court sentenced engineer Chen Li-ming, who previously worked at Tokyo Electron, to 10 yea April 27, 2026
  • Non-Apartment Housing Supply Shrinks as Korea’s Market Tilts to Apartments Apartment-focused supply policy and market preferences are rapidly squeezing non-apartment housing on both the supply and demand sides. According to the Ministry of Land, Infrastructure and Transport on the 27th, nationwide housing permits totaled 379,000 units last year. Of those, non-apartment homes accounted for just 8.7%, or 33,061 units. Seoul had the highest non-apartment share at 15.5%, but of its 6,442 permitted units, multi-family homes made up 5,108, or 79%. The decline reflec April 27, 2026
  • Korail to Add Train Service for Buddha’s Birthday Holiday in May Korea Railroad Corp., known as Korail, said Monday it will expand train service by adding special trains for the Buddha’s Birthday holiday period in May. Korail will operate 38 additional KTX and conventional train services on four routes nationwide, including the Gyeongbu and Honam lines, from May 23 through the substitute holiday on May 25. The added runs will increase capacity by about 19,000 seats. Korail will also add three early-morning KTX services on May 26, the day after the April 27, 2026
  • Samsung SDS, LG CNS Sign Reseller Deals for OpenAI’s ChatGPT Edu in Korea Samsung SDS and LG CNS have each signed reseller partner agreements for OpenAI’s education-focused service, ChatGPT Edu, stepping up competition to secure an early lead in the education AI transformation market. The two companies said on the 27th that they secured the right to supply ChatGPT Edu on the same day and will ramp up sales to South Korean universities and other educational institutions. ChatGPT Edu is designed for educational institutions, supporting tasks such as generati April 27, 2026
  • Jipyeong to Hold Seminar on Building Sales Act Risks After Supreme Court Ruling Jipyeong LLC said Sunday it will hold a seminar at 2 p.m. on May 11 titled “Building Sales Act A to Z Every Developer Must Know.” The firm said the event will examine the practical impact of a Supreme Court ruling issued Dec. 24, 2025 (2025Da215248) and outline ways to identify and respond to legal risks that can arise throughout the sales process. The ruling clarified that when a corrective order is issued under the Act on the Sale of Buildings, buyers are entitled to cancel their cont April 27, 2026
  • Moon Jae-in urges dialogue for Korean Peninsula peace; Lee Jae-myung vows no hostile acts Former President Moon Jae-in on April 27 voiced concern over strained inter-Korean ties and said the Lee Jae-myung government should help ensure the Korean Peninsula becomes “a land of sustainable peaceful coexistence and prosperity,” not confrontation. President Lee also reaffirmed his intention to pursue a policy of peaceful coexistence without hostile acts. Moon made the remarks at the National Assembly during a ceremony marking the eighth anniversary of the April 27 Panmunjom Declara April 27, 2026
  • Seoul Mayor Oh Se-hoon Launches Local Election Bid, Vows to Check Lee Jae-myung Government People Power Party Seoul mayoral candidate Oh Se-hoon stepped down from the mayor’s post on April 27 and began full-scale campaigning, seeking to close the polling gap with Democratic Party candidate Jung Won-oh. Oh carried out mayoral duties in the morning, then around lunchtime completed his preliminary candidate registration with the election commission. He then walked from Seoul City Hall to Bosingak in Gwancheol-dong, Jongno District, greeting residents along the way, and held a ne April 27, 2026
  • Woori Bank Adds Mobile Transit Card Top-Ups to Samsung Wallet Money Woori Bank said on the 27th it has added a mobile transit card top-up feature to Samsung Wallet Money. Samsung Wallet Money is a simple payment service that lets users pay with a Samsung Galaxy smartphone without a physical card by linking a bank account or adding funds. With the update, Samsung Wallet Money users can top up the balance of a T-money mobile transit card in the Samsung Wallet app using Samsung Wallet Money. The related app update has been rolling out since the 23rd and is e April 27, 2026