HD Hyundai Heavy Industries begins Sweden icebreaker project SEOUL, May 29 (AJP) - HD Hyundai Heavy Industries has begun work on an icebreaker project it won from Sweden, marking the first overseas icebreaker contract secured by a South Korean shipyard. The company said Thursday that eight officials from Sweden, including Erik Eklund, director general of the Swedish Maritime Administration, and Johannes Andreasson, deputy head of mission at the Swedish Embassy in Seoul, visited its shipyard in Ulsan on Wednesday for a kickoff meeting on the p May 29, 2026

Korea's memory giants hit new ceiling ahead of visit by their biggest client SEOUL, May 29 (AJP) - South Korea's memory-chip giants climbed to fresh records Friday as investors turned euphoric ahead of next week's visit by their biggest customer, Nvidia Chief Executive Officer Jensen Huang, fueling hopes of deeper AI partnerships and new orders for next-generation memory chips. The world's most valuable company's CEO Jensen Huang is set to visit South Korea next week, a trip expected to transform his high-profile camaraderie with the countr May 29, 2026

The world is getting thinner on a needle, and Korea wants in SEOUL, May 29 (AJP) - South Korean companies have a knack for catching up — and then overtaking. Their latest target is a class of drugs first designed to manage blood sugar that has since become the most coveted weight-loss tool on the planet, reshaping pharmacy shelves, celebrity bodies, and the business model of personal trainers everywhere. The drugs, known as GLP-1 receptor agonists, mimic a gut hormone that curbs appetite and slows digestion. Marketed by Denmark' May 29, 2026

US House bill broadens guardrails against USFK troop cuts amid China rivalry SEOUL, May 29 (AJP) - A new U.S. House defense bill seeks to strengthen congressional guardrails against any reduction of American troops in South Korea, at a time when the role of U.S. Forces Korea is increasingly being discussed in the broader context of Washington’s Indo-Pacific strategy and rivalry with China. The chairman’s mark of the fiscal 2027 National Defense Authorization Act, or NDAA, would amend a provision in the fiscal 2026 defense law that restricts the u May 29, 2026

Hyundai robot Atlas masters rabona kick SEOUL, May 29 (AJP) - Hyundai Motor Group has unveiled a marketing campaign showcasing the football skills of Atlas, the humanoid robot developed by its U.S. robotics unit Boston Dynamics, in a fresh demonstration of the company's push into physical artificial intelligence. As a partner of the 2026 FIFA World Cup, to be co-hosted by the United States, Mexico and Canada, the automaker released a five-part "School of Football" series on its official YouTube channel, the May 29, 2026

HD Hyundai Heavy strengthens Davie ties in push for Canada submarine deal SEOUL, May 29 (AJP) - HD Hyundai Heavy Industries is stepping up its campaign to win Canada’s submarine procurement project by strengthening ties with Davie Shipbuilding, Canada’s largest shipyard. The company said Thursday that its executives met with senior officials from Davie Shipbuilding at the Canadian shipbuilder’s Ottawa office on May 26 to discuss ways to strengthen strategic cooperation across shipbuilding and naval vessel projects. The meeting was att May 29, 2026

Samsung Electronics ships industry's first 12-layer HBM4E memory samples SEOUL, May 29 (AJP) - Samsung Electronics has begun shipping samples of its 12-layer HBM4E memory chips to global customers. According to the company on Friday, this is the semiconductor industry's first 12-layer HBM4E sample to be shipped. The new memory component delivers a stable pin speed of 14 gigabits-per-second (Gbps) and is capable of scaling up to 16 Gbps. This marks a performance increase of more than 20 percent compared to Samsung's previous generation of HBM4 c May 29, 2026

Celltrion begins primate trials for quad-target obesity drug SEOUL, May 29 (AJP) - Celltrion has kicked off primate toxicity trials for its next-generation obesity drug candidate CT-G32, moving the compound into the final stretch of preclinical development ahead of a planned investigational new drug (IND) submission in the first half of 2026. CT-G32 simultaneously targets four biological pathways, including GLP-1, making it what Celltrion describes as a potential first-in-class therapy. The company said the drug is designed to address persist May 29, 2026

Korea, US to open talks on nuclear submarine, uranium enrichment rights SEOUL, May 29 (AJP) - South Korea and the U.S. will hold talks in Seoul next week on implementing agreements reached by their leaders, including Seoul’s plan to build a nuclear-powered submarine, the Foreign Ministry said Friday. The meeting is scheduled to take place in Seoul from June 2 to 3 to discuss follow-up measures in the security field under the Joint Fact Sheet issued last November after the Korea-U.S. summit, according to the ministry. South Korea’s delegat May 29, 2026

Chinese Embassy says USFK chief 'crossed the line' with 'dagger' remarks on Korea SEOUL, May 28 (AJP) - The Chinese Embassy in Seoul has strongly criticized Gen. Xavier Brunson, commander of U.S. Forces Korea, after he described South Korea as a “dagger” in Asia from China’s strategic perspective. In a written response to reporters Thursday, the embassy said Brunson’s recent remarks portrayed South Korea and USFK as a forward base aimed at China, warning that he had “clearly crossed the line.” Brunson said in a U.S. May 28, 2026