Industry
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Hyundai ties up with Nvidia for self-driving push
SEOUL, August 26 (AJP) -Hyundai Motor will work with Nvidia to put Level 2+ autonomous-driving technology into its first mass-produced software-defined vehicle in 2028, anchoring an ambitious AI push that also includes a 50,000-GPU data center, humanoid robots and expanded robotaxi production, the South Korean automaker said Wednesday. The tie-up was declared at the company's 2026 CEO Investor Day devoted to positioning artificial intelligence and software as central pillars
August 26, 2026
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Samsung doubles SSD speed as chipflation bites
SEOUL, August 26 (AJP) -Samsung Electronics unveiled its next-generation portable solid-state drives Wednesday with twice the transfer speed of their predecessors, but the higher performance has a steep price amid skyrocketing consumer memory prices. The flagship P9 and mainstream P7 arrive as a broader bout of “chipflation” spreads from memory chips used in AI servers into consumer electronics. NAND flash, the memory technology used in solid-state drives, has remain
August 26, 2026
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Kakao union vows to block spin-off at December vote
SEOUL, August 26 (AJP) - Kakao's labor union will campaign to defeat the technology group's planned split at a December shareholder meeting, arguing the restructuring lacks concrete reform and job-security measures. The union, a chapter of the Korean Chemical, Textile and Food Workers' Union, declared its opposition at a press conference held Wednesday following a rally to authorize a strike at Kakao Bank. Kakao's board resolved on Aug. 21 to divide the compan
August 26, 2026
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Westinghouse stake report exposes US-Korea nuclear divide
SEOUL, August 26 (AJP) - U.S. President Donald Trump has hardly been shy about expressing displeasure over the slow progress in Seoul's execution of its pledged $350 billion investment commitment, and the latest pressure involves the nuclear reactor business. Seoul has denied a report that Washington proposed jointly acquiring an equity stake in Westinghouse Electric, even as the Trump administration presses to draw Korean capital and construction muscle into a sweeping revival
August 26, 2026
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Seoul to cut power bills for chip and datacenter host regions
SEOUL, August 26 (AJP) - South Korea's industrial users will pay electricity rates that differ by region, with bills in the southern provinces tapped to host data centers and chip clusters falling by as much as 10 percent under a plan to draw advanced manufacturing away from the overcrowded capital area. The Ministry of Climate, Energy and Environment and Korea Electric Power Corporation (KEPCO) presented the regional pricing scheme at a Wednesday public hearing in western Seoul
August 26, 2026
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Samsung Display puts expandable OLED at center of Genesis GV90
SEOUL, August 26 (AJP) - Samsung Display is stepping up its push into automotive OLEDs, supplying Genesis' flagship GV90 electric SUV with an expandable center screen that grows by nearly 70 percent when the vehicle is parked. The display maker said Wednesday it has begun shipping two OLED panels for the GV90 this month, including a 24.6-inch center display and 13.2-inch screens mounted behind the front-seat headrests. At the center of the vehicle is what Samsung calls
August 26, 2026
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Nvidia pushes AI beyond data centers as Korea ties deepen
SEOUL, August 26 (AJP) - Nvidia is pushing its AI reach beyond data centers and deeper into South Korean manufacturing, expanding opportunities well beyond chipmakers as robots, factories and industrial systems increasingly adopt its computing platforms. The U.S. chip giant unveiled the Jetson Orin Nano 2, a compact robotics computer designed to run generative and physical AI workloads directly on edge devices such as autonomous robots, drones and vision systems. The new system
August 26, 2026
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South Korea scrambles fighters as Russian military aircraft enter KADIZ
SEOUL, August 26 (AJP) - South Korea scrambled fighter jets after several Russian military aircraft entered its air defense identification zone over the East Sea without prior notice, the military said Wednesday, marking the latest such flight by Russian aircraft near the Korean Peninsula. Several Russian military aircraft entered the Korea Air Defense Identification Zone (KADIZ) on Tuesday before exiting the area, according to South Korea’s Joint Chiefs of Staff. The aircr
August 26, 2026
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Rebellions supplies AI chip racks to UK cluster
SEOUL, August 26 (AJP) - Rebellions' neural processing units will power part of a UK government-backed AI research cluster, the South Korean chip maker's first entry into Europe's sovereign AI infrastructure market, under a supply deal for more than 100 computing racks disclosed Wednesday. The racks will run through a partnership with Callosum, a London-based AI compute startup that last week raised about $100 million in seed funding led by Atomico, with backing from th
August 26, 2026
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Mid-sized shipbuilder lands orders for six petrochemical carriers
SEOUL, August 26 (AJP) - K Shipbuilding has signed new contracts with shipowners based in Europe and the Middle East to build six carriers for petrochemical products, the midsize shipbuilder said on Wednesday. It said the order, worth about 510 billion won includes two 50,000-ton vessels and four 74,000-ton vessels. They will be built at K Shipbuilding's shipyard in Jinhae, Changwon, South Gyeongsang Province, and delivered gradually starting in the first half of 2028. The
August 26, 2026