Industry
-
Packaging becomes the real bottleneck in AI race — opening a window for Samsung
SEOUL, January 05 (AJP) - In the premium AI chip race, supremacy is increasingly defined not by transistor density but by advanced packaging — the ability to assemble multiple high-performance chips into a single accelerator capable of handling massive workloads efficiently. Packaging was once regarded as a back-end step, sealing finished chips into protective casings and mounting them onto boards, work largely handled by outsourced assembly and test firms. In the era of
January 5, 2026
-
South Korea's top business leaders join President Lee on China visit
SEOUL, January 05 (AJP) - A large delegation of South Korea’s top business leaders, including the heads of the country’s biggest conglomerates, are accompanying President Lee Jae Myung on his state visit to China as attention turns to whether bilateral economic cooperation can enter a new phase amid shifting global supply chains. Business groups said on Monday that an economic delegation organized by the Korea Chamber of Commerce and Industry is travelling to China t
January 5, 2026
-
South Korea's Iljin Electric secures largest-ever power equipment deal, valued at $150 million
SEOUL, January 05 (AJP) - South Korea's Iljin Electric said on Monday it has signed its largest-ever single supply contract in the United States, bolstering its presence in the North American power equipment market. The company said in a press release that it recently secured a transformer supply deal worth about 198 billion won ($150 million) for a new project by a major U.S. renewable energy developer. Under the contract, Iljin Electric will supply 24 transformers through
January 5, 2026
-
SK hynix bets on HBM4 to maintain market lead in AI memory
SEOUL, January 05 (AJP) - SK hynix vowed on Monday to extend its leadership in the high-bandwidth memory (HBM) market this year, as investment in artificial intelligence infrastructure accelerates globally. Citing industry data from the World Semiconductor Trade Statistics, the South Korean chipmaker said in a press release that the global semiconductor market will grow 26.3 percent from a year earlier to about $975 billion this year. The memory segment is expected to exce
January 5, 2026
-
[CES 2026] South Korea fields 853 companies, 3rd largest presence
LAS VEGAS, January 05 (AJP) - South Korea is fielding 853 companies to the world’s largest technology showcase, the Consumer Electronics Show (CES) 2026, cementing its position as the third-largest national contingent despite a sharp decline from last year. The Korea Information & Communication Technology Industry Association (KICTA) said the figure marks a 17.2 percent drop from 1,031 Korean participants at CES 2025. The pullback was driven primarily by startups, which fe
January 5, 2026
-
Hyundai Motor chairman puts AI, software, robotics at core of future strategy
SEOUL, January 05 (AJP) - Hyundai Motor Group will place artificial intelligence, software-defined vehicles and robotics at the core of its future mobility strategy this year, Chairman Chung Eui-sun said in a New Year's message on Monday. Cautioning that rapid advances in AI are reshaping competition and driving a major transition in global manufacturing, Chung called for bold cooperation with a wide range of partners to respond to the AI-driven shift. “Even in the
January 5, 2026
-
[CES 2026] Nvidia's Jensen Huang, AMD's Lisa Su to outline AI strategies
LAS VEGAS, January 05 (AJP) - Nvidia CEO Jensen Huang, AMD CEO Lisa Su and Lenovo Chairman Yang Yuanqing are set to take the stage at this year's CES, the world’s largest technology trade show, as artificial intelligence remains the event’s central theme. The three executives are expected to outline industry trends and showcase their companies’ strengths across AI infrastructure, physical AI and AI inference during keynote appearances at the show in Las Veg
January 5, 2026
-
[CES 2026] Hyundai Motor wins Best of Innovation Award for autonomous mobility robotics
LAS VEGAS, January 05 (AJP) - Hyundai Motor said Monday it won a top honor at CES 2026 for its next-generation autonomous mobility robot platform, MobED, and plans to begin mass production in the first quarter as it targets the future mobility market. The automaker said MobED received the Best of Innovation award in the robotics category. The Consumer Technology Association, which organizes CES, awards Innovation Awards annually after evaluating entries for innovation, design
January 5, 2026
-
South Korea says financial markets stable despite Venezuela risks
SEOUL, January 05 (AJP) - South Korea said on Monday that spillover effects on its financial markets and broader economy from recent U.S. airstrikes on Venezuela and North Korea’s ballistic missile launch have so far been limited. The assessment came after an emergency joint economic meeting convened to evaluate the potential impact of heightened geopolitical risks. The meeting was chaired by Kang Gi-ryong, assistant vice minister at the Ministry of Economy and Finance,
January 5, 2026
-
Hyundai's luxury Genesis brand reaches 1.5 million sales milestone
SEOUL, January 4 (AJP) - Automaker Hyundai's premium brand Genesis has sold over 1.5 million vehicles in cumulative global sales a decade after its launch. According to industry sources on Sunday, the automaker reached the milestone in November last year, about 10 years after it rolled out its luxury G90 sedan in 2015. Genesis was especially popular among customers in Europe and the U.S. It sold over 500,000 units globally by May 2021 and surpassed 1 million in August 2023.
January 4, 2026