Latest
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Samsung Electronics showcases joint HVAC solutions with newly acquired FläktGroup at MCE 2026
SEOUL, March 24 (AJP) - Samsung Electronics unveiled its latest heating, ventilation, and air conditioning (HVAC) solutions jointly with FläktGroup at the MCE 2026 exhibition in Milan, Italy, on Tuesday. The event marks the first joint showcase since Samsung's acquisition of the climate control firm in November. Samsung is displaying a centralized HVAC system that connects FläktGroup's five indoor units with its own outdoor units, such as the DVM S2+, managed
March 24, 2026
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DAY6's Wonpil to release solo EP "Unfiltered" on March 30
SEOUL, March 24 (AJP) - K-pop band DAY6 member Wonpil has treated fans on Tuesday by offering an unexpected gift, a glimpse at this upcoming solo album scheduled to be released on March 30. The track preview for the 31-year-old's new album called "Unfiltered" was released through a video uploaded through the group’s official social media channels. The teasers featured snippets of all seven songs on the album, including the title track "Love Ward."
March 24, 2026
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Gov't mulls export restrictions on naphtha amid supply disruptions
SEOUL, March 24 (AJP) - The government is considering imposing restrictions on exports of naphtha amid supply shortages as the ongoing conflict in the Middle East drags on. At a press briefing at the government complex in the administrative city of Sejong on Tuesday, the Ministry of Trade, Industry and Energy said, "We are discussing with relevant ministries steps to take, which would include restrictions on exports and a ban on hoarding." Naphtha, a primary raw materia
March 24, 2026
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Korea braces for fertilizer crunch on top of energy crisis in Gulf fallout
SEOUL, March 24 (AJP) - As the Middle East war drags into its third week, the extensive closure of Strait of Hormuz is no longer just an energy story. Beneath the surface, it is beginning to choke the fertilizer supply chain that underpins global food production — a shift that could soon translate into higher food prices for import-dependent economies like South Korea. About 40 percent of South Korea's urea and ammonia — key inputs for nitrogen fertilizers — mo
March 24, 2026
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'Baby Shark' creator Pinkfong garners more than 210 billion views, 300mln subscribers
SEOUL, March 24 (AJP) - The Pinkfong Company, the creator of global children's hit "Baby Shark" song, has surpassed 210 billion cumulative views and 300 million subscribers, highlighting the global popularity of the online content that united children across the globe for more than a decade, the company said Tuesday. Baby Shark gained global popularity through a combination of simple repetition, an easily recognizable melody, and strong visual synchronization, making
March 24, 2026
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Beyond HBM: The next AI memory race is already underway
DAEJEON, March 24 (AJP) - High bandwidth memory (HBM) is what enabled the current artificial intelligence boom, giving chips the speed needed to train large-scale models. But as AI shifts from training to real-world deployment, the industry is running into a different constraint — not speed, but scale. That shift is beginning to redefine the competitive landscape. The next phase of the AI chip race may hinge not on HBM itself, but on what comes after it: high bandwidth flas
March 24, 2026
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Seoul gains traction as fine-dining destination
SEOUL, March 24 (AJP) - Seoul is rapidly emerging as a destination for global gourmets, with interest in the city's fine dining rising sharply recently. According to an analysis by Singapore-based online travel agency Trip.com, searches for fine dining restaurants in Seoul are on the rise. The biggest increase came from Singapore at 22.2 percent from a year ago, followed by Japan at 21.7 percent, Thailand at 17.9 percent and Hong Kong at 15.7 percent. Among South Kore
March 24, 2026
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KITA launches Korea-India Exchange Committee to boost business cooperation
SEOUL, March 24 (AJP) - The Korea International Trade Association (KITA) announced Tuesday that it has launched the Korea-India Exchange Committee in Seoul to strengthen bilateral economic cooperation. The committee will operate through two groups: an India committee within KITA comprising 28 Korean companies either operating in or seeking entry into India, and a Korea committee under the Confederation of Indian Industry (CII), made up of Indian companies interested in expanding int
March 24, 2026
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Asia advances on easing Middle East tensions and oil price drop
SEOUL, March 24 (AJP) — Asian markets found modest relief Tuesday on signals of a potential truce after U.S. President Donald Trump suspended his ultimatum over attacks on Iran’s power infrastructure, though gains were pared amid mixed signals from Tehran and Gulf states. Japanese stocks rose at the open on expectations of early de-escalation in the Middle East, with the Nikkei 225 rebounding after plunging more than 5 percent in the previous session on fears of prolon
March 24, 2026
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Samsung SDI signs mid-to-long-term LFP cathode supply deal with L&F
SEOUL, March 24 (AJP) - Samsung SDI said it has signed a mid-to-long-term supply agreement with domestic battery materials maker L&F to secure lithium iron phosphate (LFP) cathode materials outside of China, as it accelerates its push into the North American energy storage system (ESS) market. Under the agreement announced Tuesday, Samsung SDI will procure about 1.6 trillion won ($1.06 billlion) worth of LFP cathode materials from L&F over three years beginning next year for
March 24, 2026