Industry
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Krafton's Subnautica 2 unveils update roadmap shaped by player feedback
SEOUL, June 05 (AJP) - Krafton's creative studio Unknown Worlds released its eighth developer vlog for "Subnautica 2," outlining short- and long-term update plans drawn from global player feedback after the underwater survival sequel's early-access launch on May 14. In the video, lead designer Anthony Gallegos detailed recent hotfix results and a roadmap that promises richer resource deposits and rebalanced predator attacks, changes aimed at sharpening the game'
June 5, 2026
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Samyang's Buldak tops 10 billion units, unveils new mascot Peppo
SEOUL, June 05 (AJP) - South Korea's Samyang Foods announced that cumulative sales of its Buldak instant noodle brand had surpassed 10 billion units, a milestone the company is marking by rolling out a next-generation character, Peppo, to anchor an aggressive push into licensing and digital content. The fiery brand, which turns 14 this year, crossed the threshold at the end of May after generating about 7 trillion won ($4.54 billion) in cumulative revenue, the company said Frida
June 5, 2026
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Homeplus to permanently close 37 suspended stores, putting 3,500 jobs at risk
SEOUL, June 04 (AJP) - Homeplus, South Korea's second-largest hypermarket chain, will permanently shut 37 stores it had temporarily closed last month, a move that threatens the jobs of about 3,500 workers, the company told its labour unions. According to industry sources on Thursday, the retailer sent a a notice to the Korea Mart Labor Union's Homeplus branch and a separate general union that it had decided to close the stores, which had been suspended since May 10 due to th
June 4, 2026
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Explosion at Hanwha Aerospace plant casts doubt on planned satellite launch
SEOUL, June 4 (AJP) - The planned launch of a satellite-carrying solid-fuel rocket off Jeju remains uncertain following an explosion at Hanwha Aerospace's plant in Daejeon that left seven people dead or injured. The Ministry of Employment and Labor raided Hanwha Aerospace’s headquarters in Seoul and its Daejeon plant on Thursday in connection with the fatal explosion. The Ministry of Employment and Labor raided Hanwha Aerospace's headquarters in Seoul and its Daejeo
June 4, 2026
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Starbucks Korea card spending drops after 'Tank Day' backlash
SEOUL, June 04 (AJP) - Estimated credit and debit card spending at Starbucks Korea fell by more than 10 billion won ($6.53 million) last month from April, data showed, as a marketing controversy weighed on the coffee chain. Estimated card spending at Starbucks reached 121.19 billion won in May, down about 13.1 billion won from 134.32 billion won in April, according to Mobile Index on Thursday. The decline deepened in the latter half of the month. Weekly spending slipped from 32.1
June 4, 2026
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Kia begins production of hybrid version of Sportage SUV at Georgia plant
SEOUL, June 4 (AJP) - Kia has begun production of the hybrid version of its Sportage SUV at a plant in Georgia, U.S., marking the first Kia model and first hybrid vehicle in the plant's lineup, the automaker said on Thursday. Kia America and Hyundai Motor Group Metaplant America (HMGMA) held a ceremony at the Ellabell, Georgia, plant on Tuesday to mark the start of production, with the first vehicle produced there brought onto the stage by an autonomous parking robot. The Spo
June 4, 2026
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Eggs hit by buying limits as South Korean retailers ration supply
SEOUL, June 04 (AJP) - South Korea's leading hypermarket chains have capped egg purchases at one carton per customer as prices climb on the back of an avian influenza outbreak, with retailers now weighing the sale of imported eggs for the first time. Emart and Lotte Mart are limiting shoppers to a single 30-egg carton of discounted product through June 10, the retail industry said on Thursday. Both chains are selling their trays as premium domestic grade for about 6,000 won per
June 4, 2026
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Hanwha Aerospace halts operations at 9 sites for safety inspections
SEOUL, June 04 (AJP) - Hanwha Aerospace said Thursday it has suspended operations at nine domestic sites for two days to conduct safety inspections and employee training, following a deadly explosion at its plant in Daejeon. The company said it halted production lines from June 4 to 5, except for some essential processes, under the supervision of each site manager and safety officer. The affected sites include plants in Daejeon, Boeun in North Chungcheong Province and Yeosu in So
June 4, 2026
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South Korea makes final all-out push for Canada's submarine bid
SEOUL, June 2 (AJP) - South Korea is stepping up efforts to win Canada's next-generation submarine procurement project, as Ottawa is expected to select its preferred bidder by the end of June for a deal estimated to be worth US$40 billion. The final race for the Canadian Patrol Submarine Project, or CPSP, has increasingly narrowed into a competition between South Korea's "One Team" bid led by Hanwha Ocean and HD Hyundai Heavy Industries, and Germany's Thyssenkr
June 2, 2026
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Buzz builds ahead of Nvidia CEO Jensen Huang's Seoul visit
SEOUL, June 2 (AJP) - Nvidia CEO Jensen Huang is visiting Seoul this week, and his trip is already generating buzz across local industries and financial markets, with major deals expected across areas including memory chips and artificial intelligence (AI). The excitement follows Huang's announcements Monday at Nvidia's developer conference in Taipei, where he said that the company's next-generation AI chips have entered mass production. "Now in full production
June 2, 2026