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  UPDATE: Korea's factory output rebounds on chips, domestic front remains slack *Updated with additional information and market response SEOUL, December 30 (AJP) - South Korea’s factory output rebounded in November after two consecutive monthly contractions, supported by a sharp pickup in semiconductor production and increased facility investment linked to AI-driven chip demand, government data showed Tuesday. Mining and manufacturing output rose 0.6 percent from the previous month, reversing declines of 4.2 percent in October and 1.0 percent in Sept December 30, 2025
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  DP, PPP at odds over probe into Unification Church-related allegations SEOUL, December 30 (AJP) - The ruling Democratic Party (DP) and the main opposition People Power Party (PPP) remain at odds over the scope of a proposed probe by independent prosecutors into bribery allegations involving the Unification Church, also known as the Moonies. Their talks were further bogged down by the DP's demand to include suspicions involving another dubious religious sect Shincheonji, despite the party's initial opposition to the probe. DP leader Jung December 30, 2025
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  Samsung Electronics taps AI startup Nota for next Exynos mobile chip SEOUL, December 30 (AJP) - South Korean artificial intelligence software firm Nota has signed a contract with Samsung Electronics to embed its AI model optimization technology in the latter's next mobile application processor, the Exynos 2600. The deal, announced Tuesday, follows an earlier agreement covering the Exynos 2500, extending a partnership aimed at boosting on-device AI performance in Samsung’s flagship chipsets. Nota, led by Chief Executive Chae Myung-soo, December 30, 2025
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  Nota to supply AI optimization tech for Samsung's next-gen Exynos 2600 chip SEOUL, December 30 (AJP) - Korean AI model optimization firm Nota AI said Tuesday it has signed an agreement with Samsung Electronics to supply AI optimization platform technology for the tech giant's next-generation mobile application processor, the Exynos 2600. The deal marks a consecutive contract for Nota, following its previous partnership for the Exynos 2500. Under the agreement, Nota will participate in developing the next version of Samsung's proprietary toolchain, E December 30, 2025
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  Coupang falls under pan-government scrutiny in Seoul despite remedy program SEOUL, December 30 (AJP) -The South Korean government maintained that it will press ahead with a sweeping investigation into Coupang despite the e-commerce giant’s announcement of a large-scale compensation plan, vowing to leave “not a single suspicion” unresolved over a massive data breach affecting nearly all of its 34 million users. Deputy Prime Minister and Minister of Science and ICT Bae Kyung-hoon, who chairs a pan-government task force on the case, on Mon December 30, 2025
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  Korea's Hanwha Aerospace signs $4 bn third-stage Chunmoo deal with Poland SEOUL, December 30 (AJP) -South Korean defense company Hanwha Aerospace has signed a third-stage contract for its multiple rocket launcher system with Poland’s arms procurement authority, enabling the European country to domestically produce guided rockets under a joint manufacturing framework. The 5.6 trillion won ($4 billion) agreement, covering 80-kilometer-range guided missiles, was signed Monday at the Warsaw Military Museum between Hanwha WB Advanced Systems &mdash December 30, 2025
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  PHOTOS: Frontline vigilance — S. Korean troops brave extreme cold at border SEOUL, December 29 (AJP) — Amidst the bone-chilling winter at the North Korean border, South Korean military operations remain in constant motion, maintaining a 24-hour watch despite plummeting temperatures. At the heart of this defense is the General Outpost (GOP), a network of strategic surveillance positions situated approximately 2 kilometers south of the Military Demarcation Line (MDL). Tasked with monitoring the volatile frontier, GOP units manage a vast expanse of rug December 29, 2025
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  Korean stock market reclaims the 4,200 level SEOUL, December 29 (AJP) - While Asian markets were mixed—with Japan slightly down and China remaining flat—Korean stocks rose sharply. In Seoul, the benchmark KOSPI climbed 2.2 percent to close at 4,220 on Monday, while the KOSDAQ gained 1.4 percent to end at 932.59. It was the first time since Nov. 3 that the KOSPI closed above the 4,200 mark. The current level is just one point below the record high of 4,221.87 set on that date. Both Samsung Electronics a December 29, 2025
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  Korean banks' fight for deposits deepens as rate inversion signals liquidity strain SEOUL, December 29 (AJP) - South Korean banks are raising deposit rates aggressively to stem an outflow of funds into buoyant stock markets at home and abroad, triggering an unusual inversion in short-term deposit yields and adding pressure to already strained borrowers. The competition for liquidity has pushed both lending and deposit rates higher, even as the Bank of Korea keeps its policy rate on hold. According to data released Monday by the central bank, the average interest December 29, 2025
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  PHOTOS: One year after deadly Jeju Air disaster SEOUL, Dec. 29 (AJP) — South Korea on Monday marked one year since a Jeju Air passenger jet crashed during an emergency landing, killing 179 people in one of the country’s deadliest aviation disasters. Jeju Air Flight 7C2216, a Boeing 737-800 traveling from Bangkok, struck a concrete localizer structure while attempting to land at Muan International Airport in South Jeolla Province at 9:03 a.m. on Dec. 29 last year. Of the 181 people on board, 179 were killed and two December 29, 2025