Industry

  • Nvidia unveils Jetson Thor modules to broaden robotics, edge AI reach
    Nvidia unveils Jetson Thor modules to broaden robotics, edge AI reach SEOUL, July 20 (AJP) - Nvidia has unveiled two new modules, the T3000 and T2000, built on its Jetson Thor architecture, in a bid to accelerate the large-scale deployment of robotics and edge artificial intelligence applications aimed at the mass market. The launch responds to rising demand for compact, power-efficient AI supercomputers capable of running foundation models directly at the edge, as general-purpose robots and autonomous machines move out of research labs and into comme July 20, 2026
  • Samsung Biologics to buy PolyPeptide in record $2 billion deal
    Samsung Biologics to buy PolyPeptide in record $2 billion deal SEOUL, July 20 (AJP) - Samsung Biologics announced it has agreed to acquire Switzerland's PolyPeptide Group, a specialist maker of peptide drugs, for about 2.7 trillion won ($1.81 billion), the biggest merger-and-acquisition deal in South Korea's pharmaceutical and biotech industry. The agreement, disclosed in a regulatory filing on Monday, marks the Korean contract manufacturer's formal entry into peptides, the chemical backbone of the fast-growing class of obesity and July 20, 2026
  • Samsung remains South Koreas only global top 10 tech brand amid heated AI race
    Samsung remains South Korea's only global top 10 tech brand amid heated AI race SEOUL, July 19 (AJP) - Samsung Electronics remained the only South Korean company among the world's top 10 technology brands, as intensifying competition driven by artificial intelligence (AI) continues to reshape the global technology industry. According to the latest report on major global technology companies released by British consulting firm Brand Finance, Samsung's brand value reached US$97.42 billion (about 145 trillion won), up 9 percent from $89.42 billion a year e July 19, 2026
  • Hyundai Motor chief to raise stake in Boston Dynamics amid physical AI push
    Hyundai Motor chief to raise stake in Boston Dynamics amid physical AI push SEOUL, July 19 (AJP) - Hyundai Motor Group chairman Chung Eui-sun is reportedly set to invest about 120 billion South Korean won (US$80 million) of his personal funds to boost his stake in U.S. robotics company Boston Dynamics, as the automaker seeks to strengthen its foothold in the emerging physical artificial intelligence (AI) sector. According to financial and industry sources on Sunday, Chung and other shareholders of Boston Dynamics are pursuing a plan to acquire the 9.65 perc July 19, 2026
  • Son Heung-min scores first MLS goal of season in LAFC return
    Son Heung-min scores first MLS goal of season in LAFC return SEOUL, July 18 (AJP) - South Korean captain Son Heung-min scored his first Major League Soccer goal of the season on Saturday in his first game back with Los Angeles FC following the 2026 World Cup. Son started against city rivals LA Galaxy at Dignity Health Sports Park in Carson, California, and found the net in the 57th minute to put LAFC 3-0 ahead. The 34-year-old forward collected a pass from Mark Delgado before firing a right-footed shot into the net for his first goal aga July 18, 2026
  • Hanwhas Philly Shipyard wins U.S. missile test vessel contract tied to Golden Dome
    Hanwha's Philly Shipyard wins U.S. missile test vessel contract tied to Golden Dome SEOUL, July 18 (AJP) - Hanwha Philly Shipyard has been selected to build two next-generation missile range instrumentation vessels (MRIVs) for the U.S. Missile Defense Agency (MDA), marking a major defense contract that will support the Trump administration's planned Golden Dome missile defense system. The U.S. shipbuilder, acquired by South Korea's Hanwha Group last year, said on Saturday it had been selected alongside U.S.-based TOTE Services for the program. Under the July 18, 2026
  • Samsungs rebate drive sparks estimated $2.9 bln sales, doubles voucher payout
    Samsung's rebate drive sparks estimated $2.9 bln sales, doubles voucher payout SEOUL, July 18 (AJP) - Samsung Electronics' nationwide rebate campaign, launched as part of its pledge to share the benefits of its semiconductor windfall with the public, generated an estimated 4 trillion won ($2.9 billion) in sales, industry estimates showed Friday, prompting the company to more than double the value of vouchers it plans to distribute. Samsung is expected to issue more than 800 billion won ($580 million) worth of digital Onnuri gift certificates under the c July 18, 2026
  • TSMC lifts forecasts as AI demand cools peak fears
    TSMC lifts forecasts as AI demand cools peak fears SEOUL, July 17 (AJP) - TSMC reported record second-quarter earnings and raised its annual revenue and capital spending forecasts, signaling confidence that artificial intelligence demand will keep powering the chip industry and tempering fears that the AI boom is nearing a peak. The world's largest contract chipmaker said Thursday that net profit for the April to June quarter jumped 77.4 percent from a year earlier to NT$706.56 billion ($22 billion), comfortably beating the NT$6 July 17, 2026
  • Chey urges patience on SK hynix as AI demand set to surge
    Chey urges patience on SK hynix as AI demand set to surge SEOUL, July 17 (AJP) - Chey Tae-won, chairman of the Korea Chamber of Commerce and Industry (KCCI), said that investors in SK hynix would be wiser to hold their shares than to trade them, arguing that memory chips remain indispensable to the artificial intelligence boom. "I don't know where the stock will be next month either, but the best way to preserve your wealth is to sit tight rather than buy and sell," Chey said Friday during an AI dialogue at the KCCI summer fo July 17, 2026
  • Lee names Dec. 3 National Sovereignty Day
    Lee names Dec. 3 'National Sovereignty Day' SEOUL, July 17 (AJP) - President Lee Jae Myung said he would designate every Dec. 3 as "National Sovereignty Day," vowing to preserve the spirit of the mass protests that turned back an attempted power grab so that it endures for generations to come. The date marks the night in 2024 when lawmakers rushed to parliament to overturn a short-lived martial law declaration, an episode Lee's supporters have cast as a peaceful democratic uprising they call the "Revolution July 17, 2026