Krafton commits to G-Star for 10th straight year SEOUL, September 03 (AJP) - Krafton announced that it will exhibit at G-Star 2026, the country's largest gaming expo, extending its unbroken run of appearances to a decade and offering the beleaguered show a marquee domestic name. The Battlegrounds maker has taken part in the Busan event every year since 2017, using the fair to unveil marquee titles and let visitors sample upcoming releases through hands-on demos and interactive programs. The company announced Thursday that i September 3, 2026

Hanwha Ocean wins $1 billion LNG tanker deal SEOUL, September 3 (AJP) - Hanwha Ocean has secured an additional order from a Taiwanese shipping company to build six liquefied natural gas (LNG)-powered container ships, according to industry sources on Thursday. The order worth 1.55 trillion won (US$1.1 billion) is for six 13,650-TEU LNG dual-fuel container ships, bringing its total orders from Taiwan's Yang Ming Marine Transport Corporation to 13. The newly ordered ships will be equipped with fuel tanks made using Hanwh September 3, 2026

"Build in America or pay," Lutnick warns chipmakers again SEOUL, September 03 (AJP) -U.S. Commerce Secretary Howard Lutnick reiterated that the Trump administration is preparing a new round of semiconductor tariffs designed to push foreign chipmakers to expand production in the United States. “I think what you're going to see is targeted, thoughtful tariff policy that basically says if you build here, you don't pay, but if you don't build here, expect to pay to enter the greatest market in the world,” Lutnick tol September 3, 2026

U.S. moves to deploy multi-domain forces to South Korea SEOUL, September 02 (AJP) - The United States is moving to deploy elements of its Multi-Domain Task Force (MDTF) to South Korea, potentially strengthening the U.S. military’s ability to counter China’s anti-access and area-denial capabilities in the region, according to reports and sources Wednesday. The Wall Street Journal reported last month that the U.S. Army, under acting Army Chief of Staff Gen. Christopher LaNeve, was moving MDTF forces from Europe to South Korea, September 2, 2026

Korean planes are newer after Muan crash. Is flying safer? SEOUL, September 02 (AJP) - South Korea's airliners are spending a record 17.45 trillion won on safety this year, up more than 30 percent from 2025, in a clear sign of heightened investment following the Jeju Air disaster that killed 179 of the 181 people aboard nearly two years ago. Whether spending more alone can prevent another deadly accident is far less certain, experts say. The Ministry of Land, Infrastructure and Transport said Wednesday that 17 domestic airlines, Inch September 2, 2026

Will AI contracts shield Korean chipmakers from boom-and-bust cycle? SEOUL, September 02 (AJP) - Investment banks and market trackers are betting South Korea's memory giants can extend their red-hot earnings streak into a third year in 2027 and possibly beyond, as AI pushes the business away from the spot-price-driven boom-and-bust cycles that have long defined memory chips. Before the rise of AI, earnings at Samsung Electronics and SK hynix were heavily exposed to prices for mass-market DRAM and NAND flash, commodities notorious for swinging b September 2, 2026

Samsung showcases AI-powered TVs, appliances at IFA 2026 SEOUL, September 02 (AJP) - Samsung Electronics is showcasing its latest AI-powered TVs, home appliances and mobile devices at IFA 2026 in Berlin, as the South Korean tech giant expands artificial intelligence across its consumer electronics lineup. Samsung said Wednesday it will operate a standalone exhibition at Humboldt Carré in central Berlin from Sept. 2 to 6 under the theme "Your companion to AI Living." The exhibition is divided into entertainment, home and September 2, 2026

Kakao restructuring delays Kakao Mobility's US listing SEOUL, September 02 (AJP) - South Korea's Kakao has set in motion a sweeping corporate overhaul that is likely to push back Kakao Mobility's planned US share listing, leaving private equity backer TPG waiting longer to cash out of an investment it made nearly a decade ago. According to industry reports on Wednesday, Kakao Mobility's American depositary receipt (ADR) offering counts as a duplicate listing, which requires shareholder-protection procedures by parent Kakao a September 2, 2026

S. Korea builds armored ambulance for combat evacuation SEOUL, September 02 (AJP) - South Korea has completed development of an armored ambulance built to reach wounded soldiers in areas its current field ambulances cannot enter. Hyundai Rotem said Tuesday it had finished system development of the vehicle under a program run by the Defense Acquisition Program Administration (DAPA). Design, prototype construction, and test and evaluation were carried out with domestic technology over about two years beginning in 2024. The program cost 1 September 2, 2026

S. Korea denies Korea-owned tanker hit in Hormuz SEOUL, September 02 (AJP) - A tanker struck by rockets in the Strait of Hormuz was not owned by South Korea's Sinokor Merchant Marine and had no Korean crew aboard, a South Korean shipping industry group said Wednesday, disputing an earlier Financial Times report that described the vessel as South Korean-owned. The Korea Shipowners' Association said in a statement that the Senegal Prosperity, which was recently attacked while transiting the strategic waterway, was wholly ow September 2, 2026