Industry

  • HOT STOCK: Hyundai Autoever and Samsung Electro survive AI overvaluation scare
    HOT STOCK: Hyundai Autoever and Samsung Electro survive AI overvaluation scare SEOUL, November 19 (AJP) - Hyundai AutoEver and Samsung Electro-Mechanics were among a selective KOSPI stocks that managed to survive this week’s sharp rout triggered by fears of an AI-driven bubble ahead of Nvidia’s earnings release scheduled for Thursday. Hyundai AutoEver — the Hyundai Motor Group affiliate responsible for software development and next-generation mobility strategy — gained 2.92 percent to close Wednesday at 186,500 won ($127.1). Its rally November 19, 2025
  • Aju-sponsored Korea-Japan forum calls for bilateral FTA as a stepping stone toward economic bloc
    Aju-sponsored Korea-Japan forum calls for bilateral FTA as a stepping stone toward economic bloc SEOUL, November 19 (AJP) - South Korea and Japan — two of the largest economies in East Asia — are increasingly viewed as a single investment destination by foreign capital as their tech-driven manufacturing capabilities grow more interconnected. But the absence of a meaningful bilateral trade framework or policy coordination still constrains the growth potential that could be unlocked if the two nations were to combine their industrial strengths, lawmakers, scholars November 19, 2025
  • Samsung takes laid-back stance in HBM catchup with SK hynix on DRAM strengthening
    Samsung takes laid-back stance in HBM catchup with SK hynix on DRAM strengthening SEOUL, November 19 (AJP) - South Korea’s two dominant memory names Samsung Electronics and SK hynix are showing signs of divergence and avoiding a head-on clash in the red-hot high bandwidth memory (HBM) market, with strengthening DRAM prices reducing the pressure to take risks. Samsung Electronics, a long-time frontrunner in DRAM until the rise of HBM powering AI chips, appears to be in no hurry to ramp up its lagging HBM capacity, holding output at 150,000 wafers per month November 19, 2025
  • South Koreas HD Hyundai celebrates 5,000th ship delivery
    South Korea's HD Hyundai celebrates 5,000th ship delivery SEOUL, November 19 (AJP) - South Korea’s HD Hyundai has become the world's first shipbuilder in the world to deliver 5,000 vessels. The company commemorated the achievement with a ceremony at its flagship shipyard in Ulsan. HD Hyundai delivered its first vessel — the Atlantic Baron, a 260,000-ton very large crude carrier — in 1974. In the five decades since, it has supplied ships to more than 700 customers across 68 countries. The 5,000th vessel, the November 19, 2025
  • Indias Mukesh Ambani to visit Korea for meeting with Lee Jae-yong
    India's Mukesh Ambani to visit Korea for meeting with Lee Jae-yong SEOUL, November 19 (AJP) - Mukesh Ambani, chairman of India’s Reliance Group known as Asia’s wealthiest individual, is scheduled to visit South Korea next week for discussions on artificial intelligence and next-generation communications technology with Samsung Electronics Chairman Lee Jae-yong. Industry sources said Ambani will arrive on Nov. 25 for a two-day visit accompanied by his son, Akash Ambani, chairman of Reliance Jio Infocomm. The trip will include November 19, 2025
  • South Koreas external debt rises to $738 billion, but stability indicators improve
    South Korea's external debt rises to $738 billion, but stability indicators improve SEOUL, November 19 (AJP) - South Korea’s external debt climbed to more than $738 billion in the third quarter, though government officials said the country’s overall financial position strengthened as short-term liabilities declined and long-term debt expanded. The Ministry of Economy and Finance said Wednesday that external debt reached $738.1 billion at the end of the July–September period, an increase of $2.5 billion from the previous quarter. The rise was l November 19, 2025
  • Global defense officials attend KOTRA forum to explore Korean weapon systems
    Global defense officials attend KOTRA forum to explore Korean weapon systems SEOUL, November 19 (AJP) - The Korea Trade-Investment Promotion Agency (KOTRA) on Wednesday hosted a defense export networking event with the Seoul Association of Military Attachés (SAMA), bringing together foreign defense officials and South Korean defense companies in an effort to expand global partnerships. The gathering drew 110 participants, including 35 military attachés from 30 countries — including Chile, India, Poland and Canada — as well as re November 19, 2025
  • South Koreas Innospace to develop space data center with UAE firm
    South Korea's Innospace to develop space data center with UAE firm SEOUL, November 19 (AJP) - South Korea’s Innospace, a private rocket developer, is deepening its ties with the Middle East as it seeks new footholds in the global space economy. The company said Wednesday that it had signed a memorandum of understanding with Madari Space, a United Arab Emirates start-up, to jointly develop and commercialize a space-based data center. The agreement was announced during the Dubai Airshow. Under the partnership, the two companies will expl November 19, 2025
  • Seoul tweaks rules on artisanal spirits but disappoints brewers hoping to ride the K-wave
    Seoul tweaks rules on artisanal spirits but disappoints brewers hoping to ride the K-wave SEOUL, November 19 (AJP) - South Korea is home to the world's best-selling liquor — soju, a clear distilled spirit often dubbed Korean vodka — and the globally rediscovered rice wine, makgeolli. Authorities have finally moved to loosen regulations on traditional liquor tastings and wholesale licensing, but artisanal brewers find them fall short of their expectations on addressing the deeper structural barriers that prevent them from riding the rising K-food wave. November 19, 2025
  • Asian markets hold breath ahead of Nvidia earnings release for cue on AI-bubble theory
    Asian markets hold breath ahead of Nvidia earnings release for cue on AI-bubble theory SEOUL, November 19 (AJP) - Asian shares were mixed on Wednesday morning as investors across the region braced for Nvidia’s earnings release — a crucial test for the burgeoning “AI bubble” narrative — while Korean markets continued to reel from heavy foreign profit-taking and a weakening won. South Korea’s KOSPI slipped 0.3 percent to 3,942.1 as of 11 a.m., with investors sidelining ahead of Nvidia’s results due at 6 a.m. Thursday Korea tim November 19, 2025