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

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

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

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

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

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

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

Samsung leads Q1 smartphone markets in LatAm, Middle East, SE Asia SEOUL, May 25 (AJP) - Samsung Electronics retained its top position in smartphone market share across Latin America, the Middle East, and Southeast Asia in the first quarter of 2026, despite a broader global market slowdown and rising memory costs. In Latin America, Samsung shipped 12.9 million units, reflecting a 9 percent year-on-year increase and securing a 37 percent market share. This marks the company's highest quarterly share in the region since the first quarter of May 25, 2026

Samsung faces pressure from shareholders amid union vote on tentative deal SEOUL, May 24 (AJP) - Samsung Electronics has allowed access to its register of shareholders. It comes amid growing opposition from some retail investors over a last-minute, tentative deal between management and its labor union last week that averted an 18-day strike but sparked fresh controversy over how the electronics giant distributes its unprecedented profits, fueled by an artificial intelligence-driven chip supercycle. ACT, a platform for retail shareholders, said Samsung a May 24, 2026

Samsung labor vote on wage deal tops 80% on second day amid bonus split SEOUL, May 23 (AJP) - Samsung Electronics union members voted for a second day on a tentative 2026 wage deal, with turnout exceeding 80 percent. According to industry sources, as of 6:40 p.m. Saturday, 46,185 of 57,290 eligible voters at the SGUU, Samsung Electronics’ largest union, had cast ballots, bringing turnout to 80.62 percent. At the National Samsung Electronics Union (NSEU), the second-largest union, 6,502 of 8,187 eligible voters had participated as of the same ti May 23, 2026