Industry

  • SK hynix rolls out new memory for Nvidias Rubin
    SK hynix rolls out new memory for Nvidia's Rubin SEOUL, April 20 (AJP) -South Korean chipmaker SK hynix announced Monday that it has begun mass production of its SOCAMM2 192GB memory module, a product specifically optimized for Nvidia's next-generation "Vera Rubin" AI platform. Based on 10-nanometer-class sixth-generation (1c) LPDDR5X DRAM, the new AI server module aims to resolve memory bottlenecks in massive AI models and maximize GPU processing speeds. The product reconfigures low-power mobile memory for serv April 20, 2026
  • Pump prices keep soaring as diesel approaches 2,000 won per liter
    Pump prices keep soaring as diesel approaches 2,000 won per liter SEOUL, April 20 (AJP) - Diesel prices are approaching 2,000 Korean won (about US$1.36) per liter after gasoline's already crossed that threshold amid surging fuel prices due to supply disruptions amid the prolonged conflict in the Middle East. If this trend continues, the average diesel price nationwide is likely to breach that level within days. As the prospect of talks between the U.S. and Iran looms, it remains uncertain when the Strait of Hormuz, a critical chokepoint fo April 20, 2026
  • Hanwhas new K9 wheeled howitzer draws global attention after viral test video
    Hanwha's new K9 wheeled howitzer draws global attention after viral test video SEOUL, April 18 (AJP) - A test video of Hanwha Aerospace’s new wheeled self-propelled howitzer, the K9MH, has spread widely on social media, drawing attention to its performance. The U.S. Army is pursuing a major program to replace its current 155mm M777 towed howitzers with wheeled self-propelled systems. Hanwha’s U.S. unit, Hanwha Defense USA, said last month it had proposed the K9MH for the program. The company is also reviewing plans to produce the system in Alab April 18, 2026
  • Samsung Elec seeks court injunction to block union strike
    Samsung Elec seeks court injunction to block union strike SEOUL, April 17 (AJP) - Samsung Electronics has moved to legally block a planned general strike by its labor unions, warning that disruptions to its semiconductor cleanrooms could trigger losses exceeding $20 billion and damage key client relationships. The South Korean tech giant filed for a provisional injunction with the Suwon District Court on Thursday to prevent what it described as “illegal” protest activities by a joint strike body formed by its three largest la April 17, 2026
  • Samsung Electronics unveils AI-driven Home Companion appliances for North American market
    Samsung Electronics unveils AI-driven 'Home Companion' appliances for North American market SEOUL, April 17 (AJP) - Samsung Electronics showcased its latest vision for an artificial intelligence-integrated lifestyle during its "The Brief New York" technical seminar held from Thursday to Friday. The South Korean tech giant introduced its "Home Companion" scenario, a suite of appliance-based solutions designed to reduce household labor and enhance quality of life through advanced AI recognition technologies tailored specifically for North American consumer April 17, 2026
  • Hormuz crisis fuels air and sea charges, adding to input pressure in Korea
    Hormuz crisis fuels air and sea charges, adding to input pressure in Korea SEOUL, April 17 (AJP) - South Korean shipping lines are introducing emergency bunker surcharges as the prolonged conflict between Iran and the U.S.-Israeli coalition drives up fuel costs, adding to input pressures and, ultimately, consumer prices. Sinokor Merchant Marine, one of Korea's largest container operators, said it will impose an emergency bunker surcharge of $100 per 20-foot equivalent unit (TEU) on export cargo bound for Southeast Asia, effective this month. Industry o April 17, 2026
  • After Gulf war, Section 301 looms as next hit to Korean economy
    After Gulf war, Section 301 looms as next hit to Korean economy SEOUL, April 16 (AJP) — As South Korean markets price in a winding down of the Middle East conflict, another front is quietly opening — this time in trade. With the KOSPI hitting fresh highs on easing war concerns, attention is shifting to Washington, where a new round of investigations under Section 301 of the Trade Act is gathering pace, raising the risk of fresh tariffs on key trading partners, including South Korea. Seoul, alongside Japan and China, is among April 16, 2026
  • Samsung Electronics unveils 2026 AI TV lineup at European tech seminar
    Samsung Electronics unveils 2026 AI TV lineup at European tech seminar SEOUL, April 16 (AJP) - Samsung Electronics held its '2026 Europe Tech Seminar' in Frankfurt, Germany, from Wednesday to Thurdsay, showcasing its 2026 artificial intelligence (AI) TV and audio product lineups to European media and industry professionals. During the event, Samsung demonstrated its 'Vision AI Companion,' an integrated TV platform that functions as a smart home hub. The platform provides real-time information on viewed content and supports tasks such April 16, 2026
  • SK hynix to test Samsungs shock earnings as AI memory boom deepens
    SK hynix to test Samsung's shock earnings as AI memory boom deepens SEOUL, April 16 (AJP) - After Samsung Electronics’ mind-blowing first-quarter numbers, its memory-focused rival SK hynix will be closely watched to see whether its three-month earnings can match — or even eclipse — expectations when it reports January–March results next week. According to financial data tracker FnGuide, the consensus among domestic brokerages estimates SK hynix’s operating profit for the period at 34.9 trillion won ($24.8 billion), wi April 16, 2026
  • South Koreas AI startups post strong growth under science ministry program
    South Korea's AI startups post strong growth under science ministry program SEOUL, April 16 (AJP) - South Korea's Ministry of Science and ICT announced that AI and digital companies backed by its K-Global Project program posted broad gains in revenue, investment and employment last year, as the initiative celebrated a decade of nurturing the country's startup ecosystem. According to its press release on Thursday, the ministry surveyed 397 firms that participated in the program, drawing responses from 290 companies. Combined headcount at the end of 2 April 16, 2026