Latest
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Samsung-SK hynix faceoff at NVIDIA GTC as race for HBM4 enters cutthroat phase
SEOUL, March 17 (AJP) - The world’s most consequential semiconductor rivalry is increasingly being fought not in fabs but on the stage of artificial intelligence. At this year’s NVIDIA GPU Technology Conference in San Jose, the annual gathering hosted by Jensen Huang drew the usual global crowd eager to hear where AI infrastructure is headed next. But behind the keynote spectacle, another story unfolded: South Korea’s memory giants Samsung Electronics and
March 17, 2026
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Shinsegae signs deal with US AI startup to build huge data center in South Korea
SEOUL, March 17 (AJP) - Shinsegae said Tuesday it has agreed to build a mega data center for artificial intelligence (AI) in South Korea in partnership with a U.S. AI company. The retail giant's chairman Chung Yong-jin met Reflection AI CEO Misha Laskin in San Francisco last Sunday and signed a memorandum of understanding (MOU) to form a strategic partnership to build the 250-megawatt data center. The AI startup's co-founder Laskin, along with Ioannis Antonoglou - a
March 17, 2026
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Chip boom lifts South Korea's export prices to 19-month high but outlook remains bleak
SEOUL, March 17 (AJP) - South Korea's export prices climbed to a 19-month high in February, as a historic rally in semiconductor prices completely offset the impact of a stronger Korean won. This highlights the growing pricing power of South Korea's high-tech sector amid explosive artificial intelligence (AI)-driven global demand. The main driver is a massive jump in semiconductor prices, strong enough to counter the effects of a rising won, which would normally make exports
March 17, 2026
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US mounts more pressure on allies for maritime coalition in Strait of Hormuz
SEOUL, March 17 (AJP) -South Korea and Japan — both heavily dependent on Middle Eastern energy supplies passing through the Strait of Hormuz — have been repeatedly singled out by U.S. President Donald Trump as Washington seeks international support for reopening the vital shipping lane amid the ongoing U.S.–Israeli war with Iran. Speaking at the White House on Monday during a meeting with trustees of the John F. Kennedy Center for the Performing Arts, Trump renewed
March 17, 2026
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Samsung challenges SK hynix HBM dominance with HBM4E debut via NVIDIA alliance
SEOUL, March 17 (AJP) - Samsung Electronics Co., Ltd. announced on Tuesday at NVIDIA GTC 2026 the first public showcase of its next-generation High Bandwidth Memory 4E (HBM4E) and its role as a provider of a comprehensive memory and storage total solution for NVIDIA’s Vera Rubin platform. The South Korean chip giant presented physical HBM4E chips and core die wafers, detailing a product that supports speeds of 16 gigabits-per-second per pin and a total bandwidth of 4.0 tera
March 17, 2026
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Over 200 South Koreans return home on military aircraft from Middle East
SEOUL, March 16 (AJP) - Some 204 South Korean nationals residing in Saudi Arabia and other Middle Eastern countries returned home on a military transport aircraft on Sunday. Amid the prolonged Middle East conflict, which began with U.S.-led airstrikes on Iran late last month, the South Korean government launched an evacuation mission, dubbed "Operation Desert Shine," to ensure the safe return of its nationals. A multipurpose transport aircraft flew to Saudi Arabia to ev
March 16, 2026
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Rice, beans, eggs among items under price control watch
SEOUL, March 16 (AJP) -Rice, beans and eggs are among 13 fresh food and grocery items authorities will keep a close eye on amid signs of price increases linked to a prolonged cold spell. In total, 23 items were selected during a government meeting on consumer prices. Of these, 13 items — including rice, beans, garlic, imported fruits, eggs, pork, frozen meat, flour, starch sugar, cooking oil, mackerel, dried seaweed and processed foods — were classified as essential co
March 16, 2026
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South Korea finishes Winter Paralympics with best-ever medal haul
SEOUL, March 16 (AJP) - This year's Winter Paralympics concluded their 10-day competitions in Milan and Cortina d'Ampezzo, Italy, with a closing ceremony held last Sunday. With two gold, four silver, and one bronze medals, South Korea ranked 13th overall in the gold-medal count, the country's best-ever performance in Winter Paralympics history, surpassing its previous record set at the Pyeongchang Games in 2018 when the country secured one gold and two bronze medals.
March 16, 2026
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Asian stocks diverge, KOSPI ends positive despite jittery won
SEOUL, March 16 (AJP) -Asian stock markets diverged Monday as oil prices climbed above $100 in response to tensions around the Strait of Hormuz. With investors weighing energy risks and global demand signals, Japan and China edged lower, while Korea bucked the regional trend on strong semiconductor gains. Brent crude rose 1.6 percent to $104.83 a barrel and West Texas Intermediate crude gained 0.6 percent to $99.30, keeping energy security concerns at the center of regional tra
March 16, 2026
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BTS LIVE D-5: 'BTS effect' in force as fans swarm into Seoul
SEOUL, March 16 (AJP) - Lotus Buzon bought herself a map of downtown Seoul and, on a trek around the city’s Gwanghwamun area, marked all the public restrooms on it. This, she admits, is not normal for a tourist. But then Buzon, a 42-year-old Filipina, is a BTS fan and she is in South Korea for the group’s comeback concert this Saturday. She is not taking any chances with massive crowds expected. Organizers estimate that as many as 300,000 fans could pack into Gwangh
March 16, 2026