Industry

  • South Korea offered 10 energy infrastructure projects by US
    South Korea offered 10 energy infrastructure projects by US SEOUL, August 26 (AJP) - The United States has invited South Korean companies to join a range of investment-development projects to build energy infrastructure and fertilizer plants on American soil, South Korea's transport ministry said. The Ministry of Land, Infrastructure and Transport said Wednesday it would host about 40 executives from construction firms and trading houses on Thursday at a briefing to showcase the opportunities and gauge each company's appetite for tak August 26, 2026
  • Kia averts strike with tentative wage deal with unionized workers
    Kia averts strike with tentative wage deal with unionized workers SEOUL, August 26 (AJP) - Unionized workers at Kia, an affiliate of automaker Hyundai Motor, have reached a tentative wage deal, avoiding a planned strike this week. According to industry sources on Wednesday, the tentative deal came after a dozen rounds of negotiations that ran until the last minute the previous day, just hours ahead of a scheduled three-day partial strike, with workers planning to stop work for two to four hours each day through Friday. Under the deal, Kia will August 26, 2026
  • Freedom Edge to go ahead despite rollback in Korea drills
    Freedom Edge to go ahead despite rollback in Korea drills SEOUL, August 26 (AJP) -The United States is preparing to move ahead with a major trilateral military exercise with South Korea and Japan, regardless of the scaled-back annual drills with Seoul ordered by President Donald Trump as he seeks to renew rapport with Pyongyang. “In close coordination with the Japan Self-Defense Forces and the Republic of Korea Armed Forces, U.S. Pacific Command is preparing for the 2026 iteration of exercise Freedom Edge,” Lt. Cmdr. Chloe Mor August 26, 2026
  • LG CNS, Naver Cloud to cool Koreas biggest AI factory
    LG CNS, Naver Cloud to cool Korea's biggest AI factory SEOUL, August 26 (AJP) - LG CNS announced Wednesday that it will build next-generation liquid-cooling infrastructure with Naver Cloud at its Samsong data center, moving to capture an early lead in the fast-emerging market for AI-ready computing facilities. The rollout comes as generative AI drives surging power draw and heat from high-performance graphics processing units, straining the conventional air-cooling systems that have long kept server rooms in check. To answer that August 26, 2026
  • LG pushes gaming monitors to 1,000Hz without sacrificing FHD resolution
    LG pushes gaming monitors to 1,000Hz without sacrificing FHD resolution SEOUL, August 26 (AJP) - LG Electronics on Wednesday launched a gaming monitor capable of running at a 1,000Hz refresh rate while maintaining full-HD resolution, pushing display speeds further as competition intensifies in the premium gaming hardware market. The 25-inch UltraGear 25G590B is the world's first commercially available gaming monitor to natively support a 1,000Hz refresh rate at FHD resolution, according to LG. The company said the claim is based on gaming monitors August 26, 2026
  • LG Chem targets AI chips at Taiwan expo
    LG Chem targets AI chips at Taiwan expo SEOUL, August 26 (AJP) - LG Chem will bring a lineup of advanced packaging and power semiconductor materials for artificial intelligence chips to SEMICON Taiwan 2026, positioning its materials business for a market that AI demand is expanding rapidly. The company said Wednesday it will exhibit solutions for high-bandwidth memory (HBM) and other AI chips at the three-day show, which runs from Sept. 2 to 4 at the Taipei Nangang Exhibition Center. SEMICON Taiwan is one of the world& August 26, 2026
  • Gartner estimate $1 trillion memory sales, aiding Korean chip stocks
    Gartner estimate $1 trillion memory sales, aiding Korean chip stocks SEOUL, Aug. 25 (AJP) — South Korea's two chip bellwethers clawed back steep early losses Tuesday after Gartner forecast a memory boom lasting well into next year, giving investors a fresh reason to look past shareholder-return packages that have done little to restore their shares to June peaks. Samsung Electronics ended Tuesday flat at 257,000 won after losing more than 4 percent earlier in the session. The stock had plunged 8.7 percent Monday after its record sharehol August 25, 2026
  • Boeing secures $131B F-15 contract covering South Korea
    Boeing secures $131B F-15 contract covering South Korea SEOUL, August 25 (AJP) - Boeing has secured a U.S. Air Force contract with a ceiling of $131.23 billion for production, upgrades and long-term support of the F-15 fighter family, with South Korea included among seven countries covered by potential Foreign Military Sales. The U.S. Department of War said Monday that Boeing had been awarded an indefinite-delivery, indefinite-quantity, or IDIQ, contract for the F-15 Eagle Crest program, which supports the Air Force's broader F-15 fl August 25, 2026
  • S. Korea to launch national humanoid robot challenge
    S. Korea to launch national humanoid robot challenge SEOUL, August 25 (AJP) - South Korea will select a flagship humanoid robot platform through a national competition as it seeks a foothold in a field increasingly seen as AI's next frontier, the science ministry said. The Ministry of Science and ICT unveiled Tuesday the "Next-X Humanoid Challenge" at a meeting held to gather feedback on its AI humanoid roadmap at the Korea Institute of Science and Technology in Seoul. Domestic robots will compete through a public cal August 25, 2026
  • Korean games chase first Gamescom win since 2022
    Korean games chase first Gamescom win since 2022 SEOUL, August 25 (AJP) - South Korea heads into Gamescom 2026 with two award contenders and its biggest industry push in years, seeking to end a four-year trophy drought since Neowiz's "Lies of P" swept the show in 2022. Pearl Abyss's open-world action title "Crimson Desert" is nominated for Most Epic and Best PC Game, while "Age Twisters," a two-player adventure developed by Krafton subsidiary Piccolo Studio, is competing for Most Wholeso August 25, 2026