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  Hyundai Mobis forms four-way alliance with European firms for holographic windshield display SEOUL, February 03 (AJP) - Hyundai Mobis said Tuesday it has forged a "Quad Alliance" with three European technology leaders to commercialize holographic windshield displays by 2029, marking a significant push into next-generation automotive display technology. The South Korean auto parts maker has joined forces with German optics giant Zeiss, German adhesive specialist Tesa, and France's Saint-Gobain Sekurit, Europe's largest automotive glass manufacturer, to brin February 3, 2026
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  Asian markets recover as Warsh shock fades, KOSPI surges above 5,100 SEOUL, February 03 (AJP) -Asian markets recovered Tuesday, led by the Korean market erasing much of the previous session’s steep losses after a brief bout of panic triggered by the nomination of hawkish monetary policy advocate Kevin Warsh as the next U.S. Federal Reserve chair. The benchmark KOSPI surged 4.16 percent to move back above the 5,100 level, after briefly dipping below the 5,000 mark on Monday's slide of 5.26 percent . As of 10 a.m., the index was up 206.07 p February 3, 2026
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  North Korean leader highlights 'rural revolution' during on-site inspection SEOUL, February 3 (AJP) - North Korean leader Kim Jong-un stressed the modernization of rural areas, state media reported on Tuesday. According to the state-run Korean Central News Agency (KCNA), Kim visited a dairy farm in North Pyongan Province for its grand opening the previous day and emphasized his development drive for the "rural revolution." He was quoted as saying that the country's rural areas are "undergoing changes one after another to present a ne February 3, 2026
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  BTS Comeback D-46: Gwanghwamun comeback show to be livestreamed on Netflix SEOUL, February 03 (AJP) - BTS' long-awaited full-member comeback stage at Seoul’s Gwanghwamun Square on March 21 will be livestreamed worldwide on Netflix, the platform's first live event broadcast globally from South Korea. Netflix and HYBE announced that “BTS Comeback Live: ARIRANG” will be streamed exclusively on Netflix at 8 p.m. on March 21. The concert will take place at Gwanghwamun Square, one of Seoul’s most iconic landmarks, in conjuncti February 3, 2026
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  KT advances quantum internet push with enhanced encryption system SEOUL, February 03 (AJP) - South Korean telecom operator KT said Tuesday it has developed a quantum key distribution (QKD) device capable of generating 300,000 encryption keys per second, or 300 kilobits per second (kbps). The system is designed to prevent eavesdropping on physical communication lines by using quantum-mechanical properties that make encryption keys impossible to copy with current technology, the company said. KT previously developed a 150 kbps system in 2024 an February 3, 2026
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  Hyundai Steel produces lower-carbon steel sheet for Hyundai Motor, Kia SEOUL, February 03 (AJP) - Hyundai Steel said Monday it has begun mass production of lower-carbon steel sheet that reduces carbon emissions by about 20 percent compared with conventional blast-furnace products, marking a key step in the company’s transition toward greener steelmaking. The company said it conducted extensive pre-verification work to stabilize operations and secure product quality ahead of launching its electric arc furnace–blast furnace hybrid product February 3, 2026
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  South Korea, Poland agree to bolster security-related cooperation SEOUL, February 3 (AJP) - South Korea and Poland have agreed to deepen security-related cooperation, the Ministry of Foreign Affairs here said on Tuesday. The inaugural dialogue between the two countries was held in Warsaw on Monday, as senior foreign ministry official Jeong Yeon-doo met with Robert Kupiecki, undersecretary of state at the Polish foreign ministry. According to the ministry, the two exchanged views on both bilateral matters and global security issues, while agre February 3, 2026
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  FM heads to Washington for talks after Trump's tariff threat SEOUL, February 3 (AJP) - South Korean and U.S. foreign ministers are set to sit down for talks in the U.S. this week after President Donald Trump abruptly threatened last week to raise tariffs. Foreign Minister Cho Hyun is visiting Washington, D.C. to attend a U.S.-led ministerial meeting on critical minerals scheduled for Wednesday. The meeting will bring together G7 countries and other mineral-rich nations to discuss ways to stabilize and diversify supply chains, as the U.S. r February 3, 2026
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  LG Chem moves to halt Chinese firm's operations in Korea over cathode patent dispute SEOUL, February 03 (AJP) - LG Chem has filed for a court injunction against JaeSe Energy, the South Korean subsidiary of Chinese cathode materials producer Ronbay, seeking to halt alleged patent infringement, industry sources said Monday. If granted, the injunction could effectively suspend JaeSe Energy’s domestic operations, which have annual production capacity of 70,000 tons. According to the sources, LG Chem submitted the injunction request on Jan. 16. JaeSe Energy February 3, 2026
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  UPDATE: Korea's inflation cools to 2% in January on soft fuel prices, weak demand *Updated with additional information SEOUL, February 03 (AJP) - South Korea’s inflation eased back to the central bank’s target level in January, as softer fuel prices and subdued domestic demand outweighed lingering pressures from a weak currency. According to the Ministry of Data and Statistics, the consumer price index (CPI) rose 2.0 percent in January from a year earlier, slowing from 2.3 percent in December and 2.4 percent in both October and November. February 3, 2026