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  • Hyundai Rotem wins state projects for AI-based unmanned military robots
    Hyundai Rotem wins state projects for AI-based unmanned military robots SEOUL, May 27 (AJP) - Hyundai Rotem said Tuesday it has been selected for two state-funded research and development projects aimed at advancing unmanned robot technologies based on physical artificial intelligence. The company said it was chosen as the final contractor for two projects commissioned by the Ministry of Trade, Industry and Energy and the Agency for Defense Development (ADD). The industry ministry project focuses on developing control software that can manage multipl May 27, 2026
  • Number of newborns in S. Korea reaches highest in seven years
    Number of newborns in S. Korea reaches highest in seven years SEOUL, May 27 (AJP) - The number of newborns in South Korea in March rose above 25,000, marking the highest level for the month in seven years, government data showed Wednesday. The rebound in births has now extended into a second straight year, supported by a rising number of marriages and more births among women in their early and late 30s. According to South Korea’s monthly population data for March released by the Ministry of Data and Statistics, 25,200 babies were born May 27, 2026
  • AJP Focus: War-driven metal rally lifts South Koreas battery makers, squeezes carmakers
    AJP Focus: War-driven metal rally lifts South Korea's battery makers, squeezes carmakers SEOUL, May 27 (AJP) - A war-driven oil shock is reshaping the economics of South Korea's electric vehicle supply chain, lifting prices of lithium, nickel and cobalt to multi-year highs and handing the country's top battery makers a long-awaited tailwind even as carmakers Hyundai Motor and Kia confront fresh cost pressure. Battery-grade lithium traded at US$25.15 per kilogram on May 13, more than triple the $8.10 average of June last year and the highest level since September May 27, 2026
  • Survey shows South Korean smokers harbor misconceptions about electronic cigarettes
    Survey shows South Korean smokers harbor misconceptions about electronic cigarettes SEOUL, May 27 (AJP) - Nearly half of South Korean smokers trying to quit believe electronic cigarettes help them stop smoking, despite strong warnings from medical experts that the devices hinder cessation efforts. The findings were released Wednesday at a forum in Seoul organized by the Korean Society for Research on Nicotine and Tobacco and the Korea Medical Broadcast Journalists Association. Researchers polled 500 smokers aged 25 to 59 who had attempted to quit in the past year May 27, 2026
  • South Koreas AI bonus wars set off domino effect beyond chips
    South Korea's AI bonus wars set off domino effect beyond chips SEOUL, May 27 (AJP) - May is typically a labor unrest season in South Korea, but this year the epicenter of disputes is no longer traditional factories — it is high tech. The bonus bonanza at the country's two chipmakers, which rode the AI wave to become two of only three Asian companies valued at more than US$1 trillion, is spilling across industries. Employees from manufacturers to platform operators and biotech firms are demanding a greater share of record earnings, May 27, 2026
  • Lee to mark first anniversary in office with news conference early next month
    Lee to mark first anniversary in office with news conference early next month SEOUL, May 27 (AJP) - President Lee Jae Myung will hold a news conference early next month to mark his first anniversary in office and set out his vision and goals going forward. In a press briefing at Cheong Wa Dae on Wednesday, Lee Kyu-yeon, senior presidential secretary for public relations, told reporters that the press conference will be held on June 8, where Lee will "reflect on his first year in office" and lay out his vision and key tasks for his second year. May 27, 2026
  • Mirae Asset lifts target prices for Samsung and SK hynix, citing memory re-rating
    Mirae Asset lifts target prices for Samsung and SK hynix, citing memory re-rating SEOUL, May 27 (AJP) - Mirae Asset Securities has raised its target prices for Samsung Electronics and SK hynix on Wednesday, arguing that South Korea's two memory makers remain steeply undervalued against global peers even after this year's rally, a call based on a re-rating of valuations rather than any upgrade to earnings forecasts. The brokerage lifted its target for Samsung Electronics to 550,000 won ($366.7) from 480,000 won, up 14.6 percent, and for SK hynix to 3.8 mil May 27, 2026
  • ASIA INSIGHT: Hidden danger behind Japans new defense plan
    ASIA INSIGHT: Hidden danger behind Japan's new defense plan By mixing business supply lines and robot drones into its military strategy, Japan is turning factories into front lines. SEOUL, May 27 (AJP) - When Chinese officials stopped shipping rare minerals to Japan last year, nobody saw a military attack. There were no warplanes in the sky and no warships at sea. Instead, the blow hit Japan right on its factory floors and technology labs. It was a silent punishment. Japan's Prime Minister, Takaichi Sanae, had just warned China abo May 27, 2026
  • Gyeonggi gubernatorial candidates set to face off in first TV debate
    Gyeonggi gubernatorial candidates set to face off in first TV debate SEOUL, May 27 (AJP) - Three major gubernatorial candidates for Gyeonggi Province are set to clash in a televised debate on Wednesday night, just two days before early voting begins, ahead of the June 3 local elections. According to the National Election Broadcasting Debate Commission, Choo Mi-ae of the ruling Democratic Party (DP), Yang Hyang-ja of the main opposition People Power Party (PPP), and Cho Eung-cheon of the minor Reform Party are scheduled to face off in a live debate co May 27, 2026
  • South Korean joint university team wins Bosch Future Mobility Challenge 2026
    South Korean joint university team wins Bosch Future Mobility Challenge 2026 SEOUL, May 27 (AJP) - A joint student team from Kookmin University and other prominent institutes won the top prize at the Bosch Future Mobility Challenge 2026, an international autonomous driving competition held in Cluj-Napoca, Romania. The team outperformed dozens of international competitors during the five-day event, the university said Wednesday. The competition, which ran from May 16 to May 20, 2026, invited undergraduate and master's degree students to develop autonomo May 27, 2026