Industry
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Anthropic opens Seoul office, names veteran tech executive to lead Korea push
SEOUL, May 27 (AJP) - Anthropic, the U.S. artificial intelligence company behind the Claude chatbot, is to officially open a Seoul office and named industry veteran Choi Ki-young as its first country manager for South Korea, deepening its push into one of Asia's most lucrative AI markets. Senior Anthropic executives are scheduled to visit Seoul in the coming weeks to formally inaugurate the office and meet with major enterprise clients, the company said Wednesday. Choi joins
May 27, 2026
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AJP Watch: Union divide and distrust deepen ahead of Samsung Elec vote
SEOUL, May 26 (AJP) - The AI windfall powering record earnings and soaring stock prices is increasingly turning into a curse in disguise for Samsung Electronics, as wage negotiations meant to share the rewards of the semiconductor boom instead expose widening internal disparities and threaten the company’s long-cultivated “One Samsung” ethos. Just days before a crucial ratification vote on the tentative wage agreement, divisions between labor groups escalated int
May 26, 2026
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Korean submarine scores high with Canadian crew ahead of Ottawa decision
SEOUL, May 26 (AJP) - The Canadian crew after their first onboard journey aboard a South Korean submarine had only high praise for the ROKS Dosan Ahn Chang-ho, boosting Team Korea’s momentum in the final stretch of Ottawa’s multibillion-dollar competition to replace its aging submarine fleet. The KSS-III-class diesel-electric submarine arrived at Canadian Forces Base Esquimalt on Saturday after a nearly two-month voyage from Jinhae in southern Korea, marking the first tr
May 26, 2026
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Nongshim signs deal with Indian grocery delivery app
SEOUL, May 26 (AJP) - Instant noodle giant Nongshim has partnered with India's leading quick-commerce platform to expand its presence in one of the world's most populous countries. Nongshim said it held a launch event in New Delhi over the weekend for its signature "Shin Ramyun" series, after signing a deal with Blinkit to distribute its products there. Blinkit is the leading player in India's quick-commerce market, with around a 50-percent market share. T
May 26, 2026
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Samsung Electronics' DX union files injunction to halt wage deal vote amid internal rift
SEOUL, May 26 (AJP) - A labor union representing Samsung Electronics' Device eXperience (DX) division filed a court injunction on Tuesday to halt an ongoing vote on a tentative wage agreement, highlighting a deepening internal conflict among the tech giant's labor groups. The "Donghaeng" union submitted the request to the Suwon District Court, accusing the larger "Enterprise Union" of unlawfully stripping its members of their voting rights. During a
May 26, 2026
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SK hynix unveils 'iHBM' cooling tech to tackle AI chip heat
SEOUL, May 26 (AJP) - South Korean chipmaker SK hynix Inc. on Tuesday unveiled its "iHBM" (Integrated High Bandwidth Memory) technology, a memory solution incorporating Integrated Cooling Elements (ICE) directly into the High Bandwidth Memory (HBM) package to dramatically reduce heat and enhance the efficiency of overall AI systems.1 The company plans to apply the iHBM technology starting with its next-generation products, such as HBM5, to meet the stringent thermal mana
May 26, 2026
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Hanwha Power signs MOU with Canadian university to support submarine bid
SEOUL, May 26 (AJP) - Hanwha Power Systems said Tuesday it has signed a memorandum of understanding with the University of Alberta to jointly conduct research and development on clean energy technologies, as part of efforts to support Hanwha Ocean’s bid for Canada’s submarine procurement project. The agreement, signed Friday, was arranged as part of an industrial and technological cooperation program linked to the Canadian Patrol Submarine Project, or CPSP, in which Hanw
May 26, 2026
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AJP Watch: Samsung's 'fixed stock bonus' deal sends shockwaves across chip sector and supply chain
SEOUL, May 25 (AJP) - Samsung Electronics’ tentative wage agreement is nearing ratification with near-record union turnout, crystallizing a new dilemma in the AI era: how far semiconductor giants can go in sharing windfall profits before it begins to strain investment capacity, deepen social divisions and unsettle global competitors. The deal can avert an immediate strike that threatened to disrupt the memory supercycle underpinning South Korea’s exports and stock rall
May 25, 2026
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China accelerates semiconductor ecosystem push, courting South Korean SMEs
SEOUL, May 25 (AJP) - Chinese local governments are intensifying efforts to build comprehensive semiconductor supply chains, aggressively targeting South Korean materials, parts, and equipment suppliers with extensive incentive packages. During a recent South Korea-China economic cooperation forum in Zhangjiagang, Jiangsu Province, Chinese municipalities showcased a strategic shift from simply attracting individual factories to developing entire high-tech industrial parks. Local g
May 25, 2026
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LG OLED TV secures top ratings in 14 global consumer media evaluations
SEOUL, May 25 (AJP) - LG Electronics’ OLED TV secured the highest scores in performance evaluations conducted by consumer media outlets across 14 countries globally. The product achieved top rankings in major markets across North America, Europe, and Australia. Consumer media assessments, which were conducted independently on commercially available products, noted the TV's performance in key features such as accurate color reproduction, High Dynamic Range (HDR) performan
May 25, 2026