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  Korean firms post strong sales growth in North America despite US tariffs SEOUL, February 10 (AJP) - Major South Korean companies recorded double-digit growth in North American sales last year despite higher U.S. tariffs, with technology and power equipment firms leading gains, according to corporate data released on Monday. North American revenue at 67 South Korean companies that separately disclose sales results in the region, along with 194 subsidiaries, reached 343.8 trillion won as of the third quarter of last year, up 14.1 percent from 301.2 t February 10, 2026
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  LG Display accelerates shift to OLED with sale of LCD business in Nanjing, China SEOUL, February 10 (AJP) - LG Display said on Monday it will sell its automotive liquid crystal display (LCD) module business in Nanjing, China, as the company accelerates its transition toward higher-margin organic light-emitting diode (OLED) segment. In a regulatory filing, the company said it signed a contract to sell the business to the Nanjing unit of Toprun Total Solution for 491.5 million yuan ($68 million), with the transaction scheduled to close on July 30. LG Displa February 10, 2026
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  Hyosung Heavy wins $538 million power equipment deal in US SEOUL, February 10 (AJP) - South Korea's Hyosung Heavy Industries said on Monday it had secured its largest order to date in the United States. The company signed a contract worth about 787 billion won ($538 million) with a major U.S. transmission grid operator to supply 765-kilovolt ultra-high-voltage transformers, reactors and related equipment. It described the deal as the largest single U.S. project ever won by a South Korean power-equipment manufacturer. Hyosung Heav February 10, 2026
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  Explosion ignites fire at oil storage facility in Gyeongsan SEOUL, February 10 (AJP) - An explosion at an oil storage facility in Gyeongsan, North Gyeongsang Province, sparked a fire in the southeastern city on Tuesday. According to police authorities, the fire started around 8 a.m. when an explosion occurred at the outdoor facility of Daehan Oil Pipeline Corp. With only smoke currently visible, the flames have subsided. No casualties were immediately reported. February 10, 2026
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  18-year-old wins S. Korea's first female snowboard Olympic bronze SEOUL, February 10 (AJP) - High school student Yu Seung-eun has made history on Monday (local time) as the first South Korean woman to stand on an Olympic snowboarding podium, capturing a bronze medal in the big air event during her debut at the Milano Cortina 2026 Winter Olympics. The 18-year-old recorded a combined score of 171.00 points at Livigno Snow Park, finishing behind gold medalist Japan's Murase Kokomo and silver medalist Zoi Sadowski-Synnott from New Zealand. Her p February 10, 2026
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  SK and Nvidia chiefs hold AI talks over chicken and beer in Santa Clara SEOUL, February 10 (AJP) - Chey Tae-won, chairman of SK Group missing from the famous chicken-beer meeting in Seoul among key Korean tycoons during Nvidia CEO Jensen Huang's visit to South Korea last October, had a separate chimaek moment with Huang in Silicon Valley as SK hynix vies with Samsung Electronics for next-generation memory packages to Nvidia's AI accelerators. According to industry officials on Monday, Chey met Huang on Feb. 5 (local time) at a Korean-style frie February 10, 2026
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  Ukraine War in 5th Year: Trump's long-delayed '24-Hour' promise *Editor’s Note: As Russia’s invasion of Ukraine nears its fifth year, AJP reviews how the war began, how it has evolved, and where it is heading — and asks the most urgent question of all: will it end? This second installment examines the delayed peace negotiations. SEOUL, Feb. — (AJP)-“I will end that war within 24 hours.” Since his campaign days, US President Donald Trump repeatedly portrayed himself as a “peacemaker,” confiden February 10, 2026
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  On a bread ride in Daejeon SEOUL, February 03 (AJP) - At exactly 1 p.m., a gray sedan rolled up in front of Exit 4 of Tanbang Station, Daejeon city of South Korea. Out stepped driver An Seong-woo — with two bread-shaped plushies tucked under his arms and a smile warm enough to melt butter. That’s how our “Bread Vatican pilgrimage,” officially known as the Daejeon Bread Taxi Tour, began. He had arrived early that morning to scout parking spots for customers who drove in. A small de February 9, 2026
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  Bithumb scandal sparks deep skepticism over Korea's crypto exchange systems SEOUL, Feb 09 (AJP) - A “fat finger” blunder at Bithumb, South Korea’s second-largest cryptocurrency exchange, has become a windfall for a few and a nightmare for many, involving more than $40 billion in erroneous transactions and raising fresh concerns over the safety of crypto trading in Korea. At around 7 p.m. KST last Friday, a staff member attempted to distribute 620,000 won in prize money but mistakenly transferred 620,000 won worth of Bitcoin instead&mdash February 9, 2026
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  Seoul weighs heavier fines for antitrust offenses SEOUL, February 09 (AJP) - South Korea is reviewing a major overhaul of its antitrust penalty system, moving toward fines linked to overall corporate revenue as part of a broader effort to curb repeated violations by large conglomerates. The Korea Fair Trade Commission (FTC) said Monday it has commissioned an external study to redesign its sanctions framework for unfair trade practices, laying the groundwork for tougher legislation later this year. At the center of the reform is February 9, 2026