South Korea's ThinkFree enters Europe's secure software market through partnership with French firm SEOUL, October 14 (AJP) - ThinkFree, a software subsidiary of South Korea’s Hancom Group, said Tuesday that it has signed a supply agreement with Ercom, a cybersecurity subsidiary of France’s Thales Group, marking its entry into Europe’s data protection markets. Ercom specializes in secure communication and data protection technologies. Its flagship platform, Cryptobox, employs end-to-end encryption and is certified by the French National Cybersecurity Agency, October 14, 2025

South Korea's chip exports hit all-time high in September SEOUL, October 14 (AJP) -South Korea’s semiconductor exports soared to a record high in September, propelling the country’s overall ICT exports to their strongest level ever. According to the Ministry of Science and ICT, ICT exports rose 14 percent on year to $25.43 billion, while imports climbed 10.4 percent to $13.78 billion, resulting in a trade surplus of $11.65 billion. Semiconductors accounted for the bulk of outbound shipments, totaling $16.62 billion, u October 14, 2025

KOSPI and TAIEX higher on chip rally, other markets mixed SEOUL, October 14 (AJP) - South Korean shares stayed resilient on Tuesday morning despite renewed U.S.-China tensions led by chip winners, while most other Asian markets traded mixed. The benchmark Kospi held on to a gain of around 1 percent after hitting a new all-time high of 3,637.45, buoyed by Samsung Electronics' record-breaking third-quarter earnings guidance. The Kosdaq added 0.3 percent to 863.33. In Japan, the Nikkei 225 dropped 1.4 percent to 47,431.83 on concerns October 14, 2025

South Korean firm unveils first images from UAE-built radar satellite SEOUL, October 14 (AJP) - South Korea’s Satrec Initiative on Tuesday released the first images captured by Etihad-SAT, a synthetic aperture radar satellite developed in partnership with the Mohammed Bin Rashid Space Centre (MBRSC) of the United Arab Emirates. The satellite, which operates on X-band electromagnetic waves, is capable of producing high-resolution images of Earth regardless of weather or lighting conditions — a key advantage of radar-based observation sy October 14, 2025

KEPCO strengthens ties with Vietnam in nuclear energy push SEOUL, October 14 (AJP) - South Korea’s state-run Korea Electric Power Corporation, or KEPCO, is deepening its partnership with Vietnam’s National Power Corporation (PVN) as part of an effort to secure future nuclear power projects in the Southeast Asian nation. KEPCO said Monday that it held a joint workshop with PVN in Hanoi on Sept. 30 to discuss training and workforce development for Vietnam’s planned nuclear energy expansion. The meeting followed a memor October 14, 2025

INTERVIEW: Samyang's food research chief leads push for healthier kind of sweetness SEOUL, October 14 (AJP) - As South Korean consumers increasingly seek healthier diets, the nation’s food industry is rapidly moving toward low-sugar and zero-sugar products. Among the companies leading this shift is Samyang, which has emerged as a major player in the market for allulose, a natural, low-calorie sweetener. Samyang began producing allulose in 2016, becoming one of the first Korean firms to enter the zero-calorie sweetener market. The ingredient offers abou October 14, 2025

Samsung Elec estimates best-ever revenue and 3-year high OP for Q3 SEOUL, October 14 (AJP) - Samsung Electronics signaled a strong comeback in the latter half of the year, well beating market expectations with an estimated three-year high operating profit of 12.1 trillion won ($9.1 billion) and record-breaking revenue, fully riding on the chip boom driven by artificial-intelligence engines. Revenue reached a historic quarterly high of 86 trillion won in the three months ended September, up 15 percent from 74.6 trillion won in the previous quart October 14, 2025

Samsung Electronics Q3 profit set to double from last qtr on chip rebound SEOUL, October 13 (AJP) - Samsung Electronics is expected to report third-quarter operating profit of 10.14 trillion won ($7.6 billion), more than doubling from the previous quarter and marking its strongest July–September performance, fueled by a sharp recovery in memory chip prices and progress in landing contracts for AI chips. The South Korean tech giant, due to release preliminary earnings before market open Tuesday, is projected to have logged a 10.4 percent on-year ga October 13, 2025

K-beauty buttresses Korean exports while defining global mainstream SEOUL, October 13 (AJP) - Beauty has joined chips and cars as another defining powerhouse for Korea, with K-beauty now shaping trends and commanding markets in two of the world's largest economies. Korea ranked as the world’s third-largest cosmetics exporter last year, trailing only France and the United States. In both the U.S. and Japanese markets, Korean beauty products have overtaken long-dominant French labels to become the top imported cosmetics. According to t October 13, 2025

LG Elec Q3 results beat forecasts, raising fanfare ahead of India stock debut SEOUL, October 13 (AJP) - South Korea’s top consumer goods maker LG Electronics posted stronger-than-expected third-quarter earnings on Monday, driven by record automotive electronics sales, setting the stage for its Indian unit’s stock market debut on a buoyant note. According to its preliminary earnings release on Wednesday, the home appliance and consumer goods giant reported an operating profit of 688.9 billion won ($515 million) for the July–September period October 13, 2025