Latest
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Solidigm 'in talks' to build new US chip plant
SEOUL, October 28 (AJP) - Solidigm, the California-based subsidiary of South Korean chipmaker SK hynix is "in talks" with the U.S. Department of Commerce over a plan to invest US$45 billion in a new chip plant, Bloomberg News reported on Wednesday. The proposed plant could significantly expand Solidigm's manufacturing operations in the U.S. as demand for data storage continues to grow amid the artificial intelligence (AI)-driven boom. The project's total inves
October 28, 2026
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North Korean troops gaining modern combat experience: US commander
SEOUL, October 28 (AJP) - North Korean troops deployed to support Russia's war in Ukraine are gaining valuable battlefield experience that could strengthen Pyongyang's military capabilities and pose a future security challenge to South Korea and the U.S., Axios reported on Tuesday, citing a senior U.S. military chief. "As we all are observing and watching how war is changing in Ukraine and in the Middle East, the North Koreans are, absolutely, doing that too," Lt.
October 28, 2026
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Nvidia's Madison Huang to make fourth Korea trip this year
SEOUL, October 28 (AJP) - Madison Huang, a senior director at Nvidia and the daughter of its chief executive Jensen Huang, will visit South Korea next month for the fourth time this year, according to industry sources Wednesday. Huang runs product marketing for Nvidia's Omniverse and robotics businesses. She is due to attend Nvidia AI Day Seoul 2026 at COEX on Nov. 9-10. She will not give a presentation but is expected at key meetings, and any talks with Korean executives hav
October 28, 2026
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UPDATE: SK hynix Q3 OP tops $63B,more shareholder rewards
*Updated with additional information from company release and stock market quotes. SEOUL, October 28 (AJP) - SK hynix cemented its dominance in the high-bandwidth memory (HBM) market crucial to powering artificial intelligence chips, reporting a fresh record quarterly operating profit of 83.33 trillion won ($62.9 billion) on Wednesday and signaling a strong earnings run for at least next two years, given its fat order backlog. The South Korean memory chipmaker posted revenue of
October 28, 2026
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Kazakhstan, China discuss boosting oil supplies
SEOUL, October 28 (AJP) - Kazakhstan and China held talks in Astana on Tuesday on increasing oil supplies and expanding pipeline capacity, as the Kazakh government pressed to speed up joint energy projects with China National Petroleum Corporation, China's largest oil and gas producer. First Deputy Prime Minister Nurlybek Nalibayev chaired the meeting, the fifth held by the two countries' working group on oil and gas cooperation, the Kazakh government's press service s
October 28, 2026
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Fire at Seoul's last shantytown extinguished after 13 hours, no casualties
SEOUL, October 28 (AJP) -It took nearly 13 hours to fully extinguish a fire that swept through Guryong Village, a sprawling shantytown tucked away in the affluent Gangnam district of southern Seoul, leaving more than 100 residents displaced and one person injured. Fire authorities declared the blaze fully extinguished at 4:39 a.m. Wednesday, 12 hours and 49 minutes after it broke out in a makeshift structure in District 2 of the village at around 3:50 p.m. Tuesday. Firefighters
October 28, 2026
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Seoul says North Korean artillery near Gimpo is not new weaponry
SEOUL, October 27 (AJP) - South Korea said Tuesday that North Korean artillery spotted near Gimpo was older weaponry, not the new military systems Pyongyang had threatened to deploy. The clarification came after North Korean artillery, believed to be 122-mm self-propelled howitzers, was photographed near the coast of Kaepung County in North Korea, directly across from Gimpo in Gyeonggi Province. Photos taken Sunday from Aegibong Observatory, about 1.5 kilometers from North Korean
October 27, 2026
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Fire spreads through Seoul's Guryong Village, no casualties yet
SEOUL, October 27 (AJP) - A fire that broke out in Guryong Village, dubbed as the last shantytown in the affluent part of southern Seoul, spread to a nearby hillside as of Tuesday evening, prompting a Level 2 emergency response and traffic restrictions ahead of the evening rush hour. The fire started in District 2 at around 3:50 p.m. and rapidly spread to District 1 until changing winds pushed the flames southward toward Districts 3, 5 and 7, fire authorities s
October 27, 2026
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Kori 3, 4 units cleared to delay retirement 10 years
SEOUL, October 27 (AJP) - The lifespan of two of first-generation nuclear reactors in Busan has been extended by another 10 years. The Nuclear Safety and Security Commission (NSSC) approved continued operation of the Kori-3 and Kori-4 reactors at the country's oldest nuclear power plant in the southern port city in a 5-2 vote on Tuesday. Under the approval, the Kori-3 reactor is allowed to operate until September 2034 and the Kori-4 reactor until August 2035, extending both
October 27, 2026
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Two Koreas return to UN after déjà vu DMZ mine crisis
SEOUL, October 27 (AJP) - South and North Korea have sent competing complaints to the United Nations Security Council over last month’s land mine explosion, reviving questions about what international diplomacy can achieve in a conflict still governed by a seven-decade-old armistice. The exchange also highlights a distinction between the Security Council’s diplomatic role and the military responsibilities of the United Nations Command (UNC). The 1953 Korean War Armist
October 27, 2026