Latest news
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Chilean Embassy honors Pablo Neruda's literary legacy on 100th anniversary
SEOUL, June 28 (AJU PRESS) - An event marking the centennial of the publication of Pablo Neruda's poetry collection was held in Seodaemun, western Seoul on Thursday. Hosted by the Embassy of Chile to Korea, the event honored the renowned Chilean poet and reflected on his famous literary works, "Twenty Love Poems and a Song of Despair," which comprises 20 love poems. Ambassador of Chile to Korea Mathias Franke highlighted Neruda's literary achievements, saying, &
June 28, 2024 -
SK Group convenes strategy meeting amid restructuring plans
SEOUL, June 28 (AJU PRESS) - SK Group, South Korea's second-largest conglomerate, began a two-day top management meeting Friday to discuss growth strategies and subsidiary restructuring. About 30 executives, including CEOs from major subsidiaries including SK Corp., SK Innovation, SK Telecom and SK hynix, gathered at the SKMS Research Institute in Icheon. Chairman Chey Tae-won is participating via video conference from the U.S. The meeting aims to maximize investment in futur
June 28, 2024 -
Firefighters conduct drill in Seoul to prepare for electric bus fires
SEOUL, June 28 (AJU PRESS) - The Seoul Metropolitan Government said Friday that it conducted a fire drill involving 10 fire trucks and seven electric buses at a public bus depot in southern Seoul the previous day. Organized by the Seoul Metropolitan Fire & Disaster Headquarters in collaboration with other administrative bodies including Songpa District Fire Station, Seoul Facilities Corporation, and Seoul Public Garage, the drill was promoted by a recent deadly fire at a lithi
June 28, 2024 -
LG Energy Solution halts construction of U.S. battery plant
SEOUL, June 28 (AJU PRESS) - LG Energy Solution has temporarily suspended construction of its energy storage system (ESS) battery plant in Arizona, U.S., just two months after breaking ground, according to market insiders on Friday. The decision comes amid a slowdown in electric vehicle (EV) battery demand, prompting the company to adjust its investment pace. The Korean battery maker originally planned to invest 7.2 trillion won ($5.5 billion) to build facilities capable of prod
June 28, 2024 -
SK hynix develops high-performance SSD for AI PCs
SEOUL, June 28 (AJU PRESS) - SK hynix has unveiled 'PCB01', a high-performance solid-state drive (SSD) designed for on-device AI PCs. The new product features an 8-channel PCIe 5th generation specification, offering industry-leading performance among PC SSDs. The PCB01 boasts sequential read and write speeds of 14GB/s and 12GB/s respectively, capable of running large language models within a second. It also improves power efficiency by over 30 percent compared to previous ge
June 28, 2024 -
Samsung Electronics to unveil AI strategy at foundry forum
SEOUL, June 28 (AJU PRESS) - Samsung Electronics is expected to unveil key strategies to enhance its artificial intelligence chip business during its annual forums next month. The Korean tech giant said Friday it will hold the Samsung Foundry Forum and the SAFE (Samsung Advanced Foundry Ecosystem) Forum at COEX in southern Seoul on July 9. Choi Si-young, president of Samsung's foundry business, will deliver the keynote speech at the Foundry Forum. The world’s large
June 28, 2024 -
Dubai's chocolate bar craze reaches Korea
SEOUL, June 28 (AJU PRESS) - Dubai's thick chocolate bar has suddenly become a sough-after dessert in Korea. Young Koreans, who have developed a taste for foreign desserts, are now turning to this Middle Eastern snack. Until May, there were no searches for keywords like "Dubai chocolate" on Google Trends, but they have instantly become one of the most searched keywords since early June. The latest craze comes after the whirlwind frenzy for tanghulu, a Chinese candie
June 28, 2024 -
Naver-backed Webtoon Entertainment surges 9.5% on Nasdaq debut
SEOUL, June 28 (AJU PRESS) - Shares of Webtoon Entertainment surged 9.5 percent in a powerful debut on the Nasdaq on Thursday, giving the digital comics platform a market value of about $2.92 billion. The Los Angeles, California-based company, backed by Korean internet giant Naver, raised $315 million in its initial public offering by selling 15 million shares at $21 per share, the top end of its proposed range of $18 to $21. The price rose as much as 14 percent in early trading
June 28, 2024 -
VISUALS: Han River parks transform into outdoor sculpture gallery
SEOUL, June 28 (AJU PRESS) - An outdoor sculpture exhibition is currently underway at Yeouido Hangang Park in Seoul, offering visitors a unique opportunity to experience modern art in harmony with riverside nature and urban landscapes. The exhibition is part of the "Hangang Heung Sculpture Touring Exhibition," organized by the city government from April to November across 10 Han River parks. Crown Haitai Holding runs the exhibition as part of its cultural contribution program aim
June 28, 2024 -
PHOTOS: Korea honors legacy of independence fighter Kim Koo
SEOUL, June 26 (AJU PRESS) - A memorial ceremony marking the 75th anniversary of the death of independence fighter Kim Koo was held in Seoul on Wednesday. Organized by the Association of Commemorative Services for Patriot Kim Koo, the ceremony honored Kim, who devoted his life to Korea's independence during the Japanese colonial period. The event was attended by approximately 300 people including Minister of Patriots and Veterans Affairs Kang Jung-ai, descendants of independence fighte
June 27, 2024
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Korea pins hopes on key disciplines as Paris Olympics open with riverfront ceremony amid rail chaos
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PHOTOS: Retro street in central Seoul faces uncertain future
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PHOTOS: Seoul Summer Beach transforms Gwanghwamun into urban water park
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PHOTOS: Incheon Airport gears up for summer travel boom
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From lovebugs to nutrias: Korea grapples with growing threat of alien species
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Dark web drug ring with 4,000 buyers busted
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Defense chiefs of S. Korea, US, Japan to meet in Tokyo next week
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Actor Yu Ah-in booked on allegations of sexually assaulting man in his 30s
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Amid e-commerce settlement dispute, Tmon begins refunds after customers occupy office
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Peruvian Embassy in Seoul celebrates Independence Day