Nvidia's Jensen Huang wraps up visit to Korea with chip deal with Samsung Elec SEOUL, June 09 (AJP) - Nvidia CEO Jensen Huang concluded his official four-day visit to South Korea Monday evening, securing a comprehensive, long-term memory and foundry supply roadmap with Samsung Electronics to power the next generation of artificial intelligence hardware. Huang wrapped up his multi-industry tour with a private meeting with Jun Young-hyun, Vice Chairman and Head of Samsung Electronics’ Device Solutions (DS) Division, at the Shilla Hotel in Seoul. The high June 9, 2026

Coupang slapped with 500 million won fine over misleading ads SEOUL, June 9 (AJP) - Coupang was slapped with a fine of 500 million won (US$327,000) for misleading ads about discounts offered to paid membership subscribers for one-time offers, the Korea Fair Trade Commission (KFTC) said on Tuesday. According to the watchdog, it fined the e-commerce platform the highest applicable fine and ordered corrective measures for ads run from August 2020 to May 2022 that promoted its "Wow" member prices as cheaper than regular prices while conc June 9, 2026

Hanwha Qcells to supply tandem solar cells for NASA-funded lunar experiment SEOUL, June 09 (AJP) - Hanwha Qcells will supply its next-generation tandem solar cells for a lunar surface solar power demonstration project, the company said Tuesday, as it seeks to test the technology’s potential use in space environments. Hanwha Q CELLS GmbH, the company’s German unit, will provide samples of its perovskite-based tandem cells for the Space Science & Technology Evaluation Facility – First Flight Lunar In-Situ Solar Cell Experiment, or SSTEF- June 9, 2026

AI startup Upstage acquires multi-platform company to diversify business SEOUL, June 9 (AJP) - Artificial intelligence (AI)-related unicorn Upstage has acquired multi-platform company Timely, it said on Tuesday. The acquisition follows Upstage's earlier acquisition of AXZ, the operator of web portal Daum, as the startup seeks to secure generative AI capabilities and expand its reach across industries. Timely is a generative AI-powered solutions company that operates TimelyAI, formerly TimelyGPT, a platform that allows users to build AI agents fo June 9, 2026

Pulmuone breaks ground on Korea's first land-based laver farm SEOUL, June 09 (AJP) - Pulmuone announced it had broken ground on South Korea's first research center for land-based cultivation of laver, or gim, at the Saemangeum national industrial complex, marking a push to commercialize a technology that could free the prized seaweed from the vagaries of the open sea. The center, built under a state project led by the Ministry of Oceans and Fisheries, will serve as a testbed for growing laver on land year-round, the food company said Tuesd June 9, 2026

Nvidia CEO reaffirms close alliance with SK hynix, unveils plans for next-Gen robotics chip SEOUL, June 8 (AJP) - Nvidia's CEO Jensen Huang, who has been in Seoul since last Friday, began his day on Monday with a visit to SK Group, where he stressed Nvidia's "deepening, near-exclusive" reliance on the group for the era of artificial intelligence (AI). He praised SK hynix, an affiliate of SK Group, as a major player in global AI development and announced plans to use its memory in Nvidia's next-generation robotics processors. "I’d like to June 8, 2026

For Nvidia CEO, South Korea is where story keeps turning SEOUL, June 8 (AJP) - In the early 2000s, as the story goes, Nvidia CEO Jensen Huang walked the cramped aisles of Seoul's Yongsan electronics market himself, a then-obscure chip merchant doling out his business cards, courting the distributors who might stock his graphics cards. Just last weekend, he returned to the gaming world that first bought what he was selling — this time as the most courted man in artificial intelligence. The Nvidia CEO made his way to a PC parlo June 8, 2026

US House panel passes defense bill provision barring foreign construction of Navy warships SEOUL, June 08 (AJP) - A U.S. House committee has approved a provision in the fiscal 2027 defense policy bill that would prohibit the Navy from using funds to build warships at foreign shipyards, a move that could complicate Washington’s recent push to tap allied shipbuilding capacity, including South Korean yards. Rep. Jared Golden, a Democrat from Maine, said in a press release on Friday that the House Armed Services Committee had adopted his amendment to the fiscal 2027 Nat June 8, 2026

Aei Robot taps Nvidia tools to cut humanoid training costs SEOUL, June 08 (AJP) - South Korean humanoid robot developer Aei Robot announced it has reached a key milestone in bipedal robot development by harnessing Nvidia's motion-generation and inverse-kinematics tools, sharply lowering the cost of gathering the training data that machines need to learn human tasks. The announcement came as Aei Robot prepared to meet Nvidia CEO Jensen Huang later Monday, the final day of his four-day South Korea trip, during which the chip giant has cou June 8, 2026

Seoul, Tokyo hold first rescue drill in 9 years SEOUL, June 08 (AJP) - South Korea and Japan held a bilateral search and rescue exercise in international waters southeast of Jeju Island on Sunday, marking the first such drill between the two countries in nine years amid efforts to rebuild defense ties. The maritime exercise, known as SAREX, is designed to rehearse joint procedures for responding to maritime emergencies involving distressed vessels and was held for the first time since December 2017. The South Korean Navy deplo June 8, 2026