NVIDIA Officially Establishes R&D Center in South Korea, Accelerating AI Infrastructure Expansion NVIDIA has officially announced the establishment of a research and development (R&D) center in Seoul. This move is seen as a strategic effort to expand AI infrastructure in collaboration with major South Korean companies, including its key partners Samsung Electronics and SK Hynix, as well as LG Electronics, Naver, and Hyundai Motor Company. According to industry sources, Jensen Huang, CEO of NVIDIA, stated during his visit to South Korea on June 5, "South Korea is an optimal location f June 7, 2026

IAEA Reports Drone Attack on Chernobyl Spent Fuel Storage Facility The International Atomic Energy Agency (IAEA) expressed strong concern over a drone attack on the central spent fuel storage facility in the Chernobyl exclusion zone in Ukraine. On June 7, the IAEA reported via social media platform X (formerly Twitter) that it received information from Ukrainian authorities about the early morning drone strike on the facility. According to the IAEA, the attack caused significant damage to the building housing the fuel, with its exterior walls, windows, June 7, 2026

An Seyoung Defeats Yamaguchi to Win Indonesia Open for Second Consecutive Year 'Badminton queen' An Seyoung has won the Indonesia Open for the second consecutive year. World No. 1 in women's singles, An Seyoung, defeated third-ranked Akane Yamaguchi of Japan 2-0 (23-21, 21-12) in the final of the 2026 BWF World Tour Super 1000 Indonesia Open held in Jakarta on June 7. With this victory, An secured her third title at this tournament, having previously won in 2021 and 2025, marking her second consecutive win at the event. Additionally, this win brings An's season tot June 7, 2026

Number of 'Emperor Stocks' in South Korea Rises from 3 to 10 in a Year The landscape of 'emperor stocks'—shares priced over 1 million won—in South Korea has changed significantly over the past year. The number of these stocks has increased from three last year to ten this year. Many of the newly added stocks are related to artificial intelligence (AI), power infrastructure, and defense sectors. According to the Korea Exchange, as of June 5 last year, the emperor stocks on the KOSPI market included Samyang Foods, Taekwang Industrial, and Samsung Biologics. In June 7, 2026

South Korea and Japan Resume Joint Search and Rescue Exercises After Nine Years The South Korean Navy and the Japan Maritime Self-Defense Force have resumed their joint Search and Rescue Exercise (SAREX) for the first time in nine years. According to the Navy, the exercise took place on June 7 in international waters southeast of Jeju Island. The SAREX aims to improve joint response capabilities between the South Korean Navy and the Japan Maritime Self-Defense Force in the event of a distressed vessel and to enhance humanitarian cooperation. This training June 7, 2026

Kasper Electric Faces Up to 28-Month Delays Amid European Demand Hyundai Motor's Kasper Electric has been experiencing delivery delays for over a year, primarily due to high demand in the European market, which has led to a significant portion of production being allocated for export. As of June 7, industry sources report that the waiting period for the Kasper Electric can reach up to 28 months. All trims, except for the top-tier EV Lounge (16 months), require more than 22 months for delivery. Hyundai has been informing customers about the delays for b June 7, 2026

Foreign Investors Sell 57 Trillion Won in Samsung and SK Hynix Amid Market Volatility Foreign investors have been aggressively selling shares of Samsung Electronics and SK Hynix. Over the past month, foreign investors have net sold approximately 69 trillion won in the domestic stock market, with the majority of the selling concentrated in these two semiconductor giants. Meanwhile, individual and institutional investors have countered with significant net buying, helping to defend the KOSPI index above the 8000 mark. According to the Korea Exchange, from May 7 to June 5, foreign June 7, 2026

Shinsegae Food Launches Summer Cakes Featuring Zespri Gold Kiwi Shinsegae Food announced on June 7 that it will launch two types of cakes featuring Zespri Gold Kiwi at E-Mart bakery locations nationwide for the summer season. These new products are designed in line with the recent "Season-core" trend, a term that combines "seasonal" and "core," referring to the growing consumer interest in enjoying foods and experiences that are only available during specific seasons. Gold Kiwi is popular for its rich vitamin C content, making it a favored fruit for b June 7, 2026

Jensen Huang's Visit Boosts K-Food Promotion with Chicken, Soju, and Choco Pie Jensen Huang's visit to South Korea has unexpectedly boosted the country's food and beverage industry. The actions of the CEO of NVIDIA have been widely covered by domestic and international media, leading to a natural promotion of popular Korean foods such as chicken, alcoholic beverages, snacks, and dairy products worldwide. According to industry sources, Huang dined with major South Korean business leaders, including SK Group Chairman Choi Tae-won, LG Group Chairman Koo Kwang-mo, and N June 7, 2026

Lee Appoints Han Seong-sook as New Prime Minister to Tackle Economic Crisis President Lee Jae-myung appointed Han Seong-sook, the Minister of SMEs and Startups, as the new Prime Minister on June 7. If confirmed through a parliamentary hearing, Han will become the second female Prime Minister in South Korea, following Han Myung-sook, who served nearly 19 years ago. Additionally, she will make history as the first Prime Minister with a background as a CEO of a major corporation, having previously led Naver, the country's largest IT company. Kang Hoon-sik, the Chief of June 7, 2026