Korean builders test robot delivery services at apartment complexes

SEOUL, October 24 (AJP) - Korea's major construction companies are racing to introduce robot delivery services at residential complexes in collaboration with robot tech startups. Hyundai E&C announced Wednesday it is conducting a pilot operation of an autonomous robot delivery service at an apartment complex in Goyang, west of Seoul, in partnership with robotics startup Mobinn. The robots deliver items from a logistics center in the community facility directly to resident

October 24, 2024

Activities spotted at North Korea's demolished inter-Korean road site

SEOUL, October 24 (AJP) - North Korea is apparently working on the construction of unidentified structures along the northern part of the inter-Korean roads it blew up last week, military authorities here said on Thursday. Surveillance equipment along the border areas has detected North Koreans cleaning debris and installing these structures which appear to be walls or concrete barriers. The demolished roads near the Military Demarcation Line (MDL) along the Gyeongui and Donghae

October 24, 2024

Hyundai Motor reports drop in quarterly operating profit on warranty costs

SEOUL, October 24 (AJP) - SEOUL, October 24 (AJP) - South Korea's largest automaker Hyundai Motor reported a 6.5 percent decline in third-quarter operating profit to 3.58 trillion won (US$2.59 billion), falling short of market expectations due to warranty-related provisions in the United States. Revenue rose 4.7 percent to 42.93 trillion won, marking the highest third-quarter sales in the company's history, despite a 3.2 percent decline in global sales volume to 1.01 million

October 24, 2024

US expresses concern over North Korean troops in Russia

SEOUL, October 24 (AJP) - The U.S. confirmed on Wednesday that North Korea has dispatched troops to Russia to support its war against Ukraine, about a week after the allegations first surfaced. Speaking at the G7 Defense Ministers Meeting in Rome, U.S. Defense Secretary Lloyd Austin said that the U.S. has found evidence of North Korean troops being sent to Russia. "What exactly they're doing will have to be seen. These are things that we need to sort out. We'll have

October 24, 2024

LG Electronics Q3 profit falls despite record sales

SEOUL, October 24 (AJP) - SEOUL, October 24 (AJP) - LG Electronics reported record third-quarter sales of 22.18 trillion won (US$16.4 billion) on Thursday, but operating profit fell 20.9 percent from a year earlier to 751.9 billion won as higher logistics costs and LCD panel prices squeezed margins. The South Korean tech giant's key home appliance division posted an operating profit of 527.2 billion won on sales of 8.34 trillion won, while its entertainment unit, which includes

October 24, 2024

Trump's former chief of staff calls him 'fascist'

SEOUL, October 24 (AJP) - John Kelly, the former White House chief of staff under ex-U.S. President Donald Trump, made waves on Wednesday with a slew of recent interviews where he described Trump as fitting "the general definition of a fascist." The retired Marine general who served as chief of staff from 2017 to 2019 told the British newspaper The Times, "Certainly the former president is in the far-right area, he's certainly an authoritarian, admires people who

October 24, 2024

LG CNS introduces ERP testing solution to Japan

SEOUL, October 24 (AJP) - Korea's IT solutions provider LG CNS introduced its automated testing solution, PerfecTwin ERP (enterprise resource planning) Edition, in Japan. The company said Thursday it showcased the solution at Japan IT Week Autumn, the country's largest IT exhibition, held in Chiba from Wednesday to Friday. The solution, specifically designed for German software firm SAP SE's SAP ERP systems, utilizes actual transaction data rather than sampling to ver

October 24, 2024

SK hynix posts record quarterly earnings on AI chip boom

SEOUL, October 24 (AJP) - South Korean chipmaker SK hynix on Thursday reported its highest-ever quarterly sales and profits, driven by surging demand for artificial intelligence memory chips. The world's second-largest memory chip manufacturer said in a regulatory filing it posted 17.57 trillion won ($13 billion) in revenue for the third quarter, up 93.8 percent from a year earlier. Operating profit was 7.03 trillion won ($5.2 billion), swinging from an operating loss of 1.79

October 24, 2024

Korea's economy edges up 0.1% in third quarter

SEOUL, October 24 (AJP) - South Korea's economy grew by just 0.1 percent in the third quarter, the Bank of Korea said Thursday, falling well short of the central bank's August forecast of 0.5 percent. Korea's real gross domestic product (GDP) regained growth momentum in the July-September period after a 0.2 percent contraction in the second quarter, which followed unexpected growth of 1.3 percent in the first quarter. Exports fell 0.4 percent in the third quarter, dra

October 24, 2024

OPINION: Why more men and fewer white women say they will vote for Trump in US election

SEOUL, October 24 (AJP) - Donald Trump is leading Kamala Harris by 11 percentage points with male voters, according to a recent New York Times poll. Trump is carving out a definitive advantage with U.S. men. While Trump's core support comes from white men, he has also made notable gains with Hispanic-American and African-American men. Though Trump has repeatedly denigrated Hispanics and regularly uses anti-immigrant rhetoric, this has not been a deal breaker for the Latino commu

October 24, 2024