S. Korea to retain conscription while expanding tech-focused NCO track SEOUL, June 25 (AJP) - A stable career in high-tech military service is the incentive South Korea is dangling to attract young people as it grapples with a shrinking pool of military recruits while facing a persistently hostile North Korea. The outline is to retain the country's decades-old mandatory military service system while giving military-age men greater choice between serving as enlisted conscripts and pursuing a longer-term, technology-focused noncommissioned officer (N June 25, 2026

Strike looms at Hyundai Motor after mediation fails SEOUL, June 25 (AJP) -The labor union of South Korea's largest automaker, Hyundai Motor Co., secured the legal right to strike on Thursday after labor authorities suspended mediation in the company's wage negotiations, raising another labor risk at a major industrial workplace following Samsung Electronics. According to Hyundai Motor and its union, the National Labor Relations Commission decided to suspend mediation in the dispute, concluding that the gap between labor and June 25, 2026

Korea's Arirang 6 satellite delayed again SEOUL, June 25 (AJP) - South Korea has pushed back the launch of its Arirang 6 Earth observation satellite to at least the second quarter of 2027, a fresh delay that leaves the 370 billion won ($239.8 million) spacecraft grounded for a fifth straight year. The satellite, an all-weather imaging-radar craft capable of distinguishing objects as small as 50 centimeters day or night, was due to fly this year aboard Europe's Vega-C rocket. Development delays in a co-passenger satellit June 25, 2026

KMU forum tells leaders AI era needs more humanity, not less SEOUL, June 25 (AJP) - Kookmin University's Graduate School of Business gathered academics, executives, and coaches in Seoul on June 19 for its third annual Leadership and Coaching Conference, where the central argument was direct: as artificial intelligence takes over more analytical and operational work, the distinctly human dimensions of leadership matter more, not less. The timing reflects a live tension running through South Korean corporate life. According to Microsoft&# June 25, 2026

Hormuz or not, Korea's petrochemicals glut is far from over SEOUL, June 25 (AJP) - South Korea's petrochemical makers, forgotten and forgiven under the silicon windfall, are biding time with their promised capacity cuts still unfinished while the Middle East drags on and the country's single largest petrochemical project prepares to flood the market with fresh supply. Chinese overcapacity has been swamping Asia with cheap basic chemicals, with or without disruption from the Middle East and stranded shipments at the Strait of Hormuz c June 25, 2026

Think tank upbeat on growth outlook but cautions over chip-driven, uneven recovery SEOUL, June 25 (AJP) - South Korea's economy is projected to recover this year, with growth estimated at 2.7 percent, a think tank said on Thursday. The positive economic outlook came at a seminar in Seoul hosted by the Korea Economic Research Institute (KERI), affiliated with the Federation of Korean Industries (FKI). Lee Seung-seok, a senior researcher at the KERI forecast that the country's economy is expected to grow 2.7 percent this year, rebounding from 1.1 perc June 25, 2026

Woojin Industrial Systems launches development of 420 km low-floor electric coach SEOUL, June 25 (AJP) - Woojin Industrial Systems, a South Korean maker of rail vehicles and electric buses, said it had begun work on a 10.1 billion won ($6.54 million) state-funded project to develop an eco-friendly low-floor electric coach designed for passengers with reduced mobility. The project, announced Thursday by Woojin, draws support from a national research and development scheme run by the Ministry of Trade, Industry and Resources, the Korea Institute for Advancement of June 25, 2026

Micron's blowout Q3 and contracts harbinger for extended memory heyday * Updated with additional information SEOUL, June 25 (AJP) - Micron Technology Inc. delivered a stunning 74 percent revenue jump for the quarter ended May and projected the AI-driven memory boom to extend well into 2027, setting the stage for another stretch of red-hot earnings for its larger South Korean peers in the memory market powering the AI age from datacenters to smart devices. The U.S. chipmaker posted fiscal third-quarter revenue of $41.46 billion, a 74 percent jump f June 25, 2026

SK hynix takes fight with Samsung to Wall Street via $33 billion ADR issue *Updated with additional information SEOUL, June 24 (AJP) -SK hynix is launching a roughly $33 billion public offering tied to a Nasdaq listing of American Depositary Receipts (ADRs), a move that could globalize its shareholder base and intensify its competition with home rival Samsung Electronics beyond memory chips and into the battle for global capital. In a regulatory filing after the Seoul market closed Wednesday, the company said its board approved a plan to list ADRs on t June 24, 2026

Korea readies customs support for Hyundai's Saemangeum AI robot hub SEOUL, June 24 (AJP) - South Korea is moving to strengthen customs support for Saemangeum as Hyundai Motor Group's planned 9 trillion won ($6.5 billion) investment in artificial intelligence, robotics and clean energy begins to take shape in the reclaimed industrial zone on the country's west coast. Korea Customs Service Commissioner Lee Jong-wook visited the Saemangeum Development Agency in Gunsan on Wednesday and met agency chief Moon Seong-yo to discuss customs measures June 24, 2026