AJP Focus

  • Korea looks beyond HBM. Can HBF prove as big?
    Korea looks beyond HBM. Can HBF prove as big? SEOUL, September 22 (AJP) - South Korean memory makers racing to sustain a comfortable lead on the next-generation chip front have their eyes on the next big thing; high-bandwidth flash, or HBF. Six months ago, one prominent chip researcher predicted it would define the AI path. "HBM defined the last decade, but HBF will likely determine the next," Joung-ho Kim, a professor at the Korea Advanced Institute of Science and Technology (KAIST), told AJP in March. The proposition is now a September 22, 2026
  • Care leavers remain on South Koreas social periphery
    Care leavers remain on South Korea's social periphery SEOUL, September 21 (AJP) - Home is easily taken for granted. Some people grow up never quite knowing what it means to have one. A Korean activist in her 20s, who asked not to be named because she does not want her childhood history to follow her into adulthood, is one of them. When she was six or seven, she and her younger sibling were placed in a residential child care facility after their father found himself unable to raise them alone. She remained in institutional care into her early 20s September 21, 2026
  • Trump-Xi summit puts Koreas won, bonds on yuan-Treasury watch
    Trump-Xi summit puts Korea's won, bonds on yuan-Treasury watch SEOUL, September 21 (AJP) - The Trump-Xi summit this week will put South Korea's won and bond markets on watch for two signals with an outsized influence on Seoul, the direction of China's yuan and the appetite for U.S. government debt. The won closed Monday at 1,381.0 per dollar, 2.3 won stronger than Friday, while China's yuan strengthened as far as 6.6957 per dollar, its strongest level in more than three and a half years. U.S. Treasury yields remain near levels that have unsett September 21, 2026
  • Trump-Xi chip bargaining puts Korean memory makers on alert
    Trump-Xi chip bargaining puts Korean memory makers on alert SEOUL, September 18 (AJP) -From tariffs and rare earths to Iran and artificial intelligence, the U.S.-China summit on Sept. 24 has a crowded agenda. For South Korean chipmakers, the business issue to watch would be whether semiconductors become bargaining currency in a broader trade deal between the world's two largest economies. Chinese President Xi Jinping is said to be assembling an unusually large business delegation, possibly to match the high-profile entourage U.S. President Donald T September 18, 2026
  • Korean battery makers under Trump whims – from EV retreat to datacenters
    Korean battery makers under Trump whims – from EV retreat to datacenters SEOUL, September 17 (AJP) - U.S. President Donald Trump's retreat from Biden-era electric-vehicle policies has upended the American growth plans of South Korean battery makers, leaving factories built for an EV boom idled, scaled back or searching for a new purpose. Now, some are finding one in the power-hungry data-center boom. Canceled U.S. EV and battery projects between January 2025 and August this year had promised about 27,000 jobs, according to a Reuters analysis of Atlas Public Poli September 17, 2026
  • Chip binge intoxicates Korean Inc. stakeholders, waves of strikes spread
    Chip binge intoxicates Korean Inc. stakeholders, waves of strikes spread SEOUL, September 16 (AJP) - Two years on, the still-strong chip bonanza of the AI-driven economic age has bestowed on South Korea a double-digit growth in national wealth in nominal terms unseen in more than three decades, thrusting stakeholders — employees and shareholders — into brawls for a bigger share of the newfound riches. Strikes and strike threats have become a recurring scene this year, spreading from chipmakers and shipbuilders to digital platforms such as Kakao. A weak September 16, 2026
  • Korea dreams big on humanoids, but they still run on foreign parts
    Korea dreams big on humanoids, but they still run on foreign parts SEOUL, September 15 (AJP) - South Korea's humanoid robots hardly look like formidable competitors beside their free-wheeling Chinese counterparts, and their awkward moves betray a much deeper problem. Despite South Korea's much-hyped push to become an artificial intelligence powerhouse, its physical AI ecosystem remains fledgling, short of both scale and a homegrown supply chain. Aei Robot, one of the country's leading bipedal robot makers, is largely forced to fend for itself, mac September 15, 2026
  • Korea bond curve flattens as front-end yields hit multi-year highs
    Korea bond curve flattens as front-end yields hit multi-year highs SEOUL, Sept. 14 (AJP) — South Korea's government bond curve flattened further Monday as front-end yields climbed to multi-year highs while longer maturities retreated, sharpening expectations for a higher-for-longer tightening path ahead of this week's Federal Reserve and Bank of Japan meetings. The two-year Korean government bond yield ended at 3.932 percent and the three-year at 4.025 percent, their highest levels since Nov. 1, 2023. Longer maturities pulled back from Friday September 14, 2026
  • AI comes at a price: $3,000 for a phone
    AI comes at a price: $3,000 for a phone SEOUL, September 11 (AJP) - Apple is ready for a strong comeback after losing loyal Korean consumers to Samsung's foldables, with the iPhone's first foldable form rolling out across Korea on Oct. 23. The appeal to lure back long-term iPhone users is apparent, if form had been the sole put-off. The sole damper is the starting price tag of 3.29 million won for the entry-level 256-gigabyte model and 5.09 million won for the top-end 2-terabyte iPhone Duo. Apple has again set the bar by pus September 11, 2026
  • Chip boom: boon or curse for Koreas household debt?
    Chip boom: boon or curse for Korea's household debt? SEOUL, September 10 (AJP) - The chip bonanza is not just lifting South Korea's nominal growth to levels unseen in decades. It is also pushing the household debt ratio toward an 11-year low as gross domestic product expands much faster than borrowing. The household debt-to-GDP ratio could fall toward 80 percent this year - or the lowest level since 79.2 percent in 2015 - if double-digit nominal growth of 15 to 20 percent is sustained in the second half. The ratio had already fallen to 85.3 September 10, 2026