Hot Stock: LG Electronics fly on hopes for deeper Nvidia ties SEOUL, August 12 (AJP) - Shares of LG Electronics jumped nearly 13 percent on Wednesday, fueled by expectations that an anticipated meeting between LG Group Chairman Koo Kwang-mo and Nvidia CEO Jensen Huang could lead to deeper cooperation in robotics and artificial intelligence infrastructure. LG Electronics closed at 205,000 won ($148), up 12.82 percent from the previous session, after climbing as high as 212,500 won during trading. Koo is visiting Nvidia August 12, 2026

Shareholders clear Asiana folding under the wing of Korean Air  SEOUL, August 12 (AJP) - Shareholders of Asiana Airlines gave their final blessing Wednesday to its merger with larger Korean Air, clearing the runway for South Korea's single full-service flag carrier's Dec. 17 liftoff after a five-year integration process. The approval came at Asiana’s 2026 extraordinary general meeting of shareholders in Seoul, in what is expected to be the airline’s final shareholder meeting before it is absorbed into larger full-service car August 12, 2026

Daegu named first hub for South Korea's AI drug-discovery drive SEOUL, August 12 (AJP) - South Korea has designated the southeastern city of Daegu as the first innovation hub for artificial intelligence-driven drug discovery under "K-Moonshot," the government's flagship program to embed AI across national science and technology research. The Ministry of Science and ICT said on Wednesday it had held a launch ceremony in Daegu for a pilot project to build an "AIxBio" research base focused on synthetic new drugs, drawing tog August 12, 2026

China grabs over 80% of global ship orders, Korea at 16% SEOUL, August 12 (AJP) - With global ship orders falling by more than half in July from the previous month, China accounted for more than 80 percent of the orders, while South Korea accounted for just 16 percent. According to data released by London-based Clarkson Research Services on Wednesday, global ship orders last month totaled 3.57 million compensated gross tons (CGT) or 137 vessels, down 56 percent from 8.03 million CGT a month earlier and 22 percent from 4.55 million CGT a August 12, 2026

Money may buy happiness: SK hynix happier than Samsung SEOUL, August 12 (AJP) - Who says money can't buy happiness? SK hynix ranked among the top 3 percent of South Korean companies for employee happiness while archrival Samsung Electronics placed around the top 60 percent, according to a workplace survey released Wednesday, underscoring how the AI memory boom is translating into starkly different perceptions of reward inside Korea's two biggest chipmakers. The findings came from the latest Blind Index, compiled by workpla August 12, 2026

SK hynix workers move to unify union to up bargaining power SEOUL, August 12 (AJP) - Workers at SK hynix are moving to establish a new union spanning production and office employees, with organizers seeking majority representation to strengthen bargaining power at the world's leading high-bandwidth memory maker. The proposed SK hynix Integrated Labor Union had attracted more than 1,250 members as of Wednesday after its organizing committee filed for official registration on Aug. 8, according to industry sources. The union could formall August 12, 2026

LG Elec rolls out FDA-cleared diagnostic monitor SEOUL, August 12 (AJP) - LG Electronics has launched a new diagnostic monitor cleared by the U.S. Food and Drug Administration, expanding its medical display lineup as the South Korean electronics maker targets the business-to-business healthcare market. The 40-inch monitor, model 40HT513D, features a 21:9 curved IPS Black display with a resolution of 5,120 by 2,160 pixels and 11-megapixel support. Its three-way picture-by-picture function allows medical professionals to vie August 12, 2026

Unionized workers at Hyundai Motor set to resume partial strikes this week SEOUL, August 11 (AJP) - Unionized workers at Hyundai Motor will resume partial strikes this week after wage negotiations failed to narrow differences last month. The workers, who had just returned from their summer holiday, decided Tuesday to stage additional rounds of partial strikes from Wednesday through early next week, halting production for four hours each on Wednesday and Thursday before extending the stoppage to six hours each on Friday and next Tuesday. If carried out August 11, 2026

Military AI sovereignty emerges as Asia's new defense front SEOUL, August 11 (AJP) - The next contest for military power is no longer simply about who has the best weapons or even the most powerful artificial intelligence. It is increasingly about who controls the AI when the shooting starts. The United States has demonstrated the advantage of combining its AI software edge with military might. Japan, China and South Korea are now pursuing different strategies to ensure that critical military capabilities do not become dependent on technolog August 11, 2026

Samsung brings cross-device gaming lineup to Gamescom 2026 SEOUL, August 11 (AJP) - Samsung Electronics will showcase a gaming lineup spanning PCs, consoles and mobile devices at Gamescom 2026 in Cologne, Germany, as the South Korean tech giant seeks to connect its hardware portfolio across gaming platforms. The world's largest gaming exhibition will run from Aug. 26 to 30, with about 1,500 software, hardware and game content companies expected to participate. Last year's event drew 360,000 visitors, according to Samsung. Samsu August 11, 2026