New ad solution to connects mobile navigation with digital billboards in South Korea SEOUL, June 1 (AJP) - Innocean has launched what it describes as South Korea's first advertising solution linking mobile navigation services with large digital billboards, it said on Monday. Innocean is a Seoul-based advertising agency affiliated with Hyundai Motor Group. The solution links TMAP, one of South Korea's most widely used navigation apps, with Innocean's digital out-of-home, or DOOH, media network in major commercial districts. The service aims to reach co June 1, 2026

South Korea to launch 24-hour FX trading amid concerns over won stability SEOUL, June 1 (AJP) - As authorities prepare to open South Korea's foreign exchange market full-time on weekdays, expectations are growing that the move could partially ease exchange rate volatility. Experts, however, say longer trading hours alone cannot stabilize the won unless trading volume and global trust in the currency also improve. That came after revisions to the foreign exchange market code of conduct were approved last Friday, paving the way for expanded U.S. dollar& June 1, 2026

KOSPI breaks 8,700 on Samsung-led rally as Nikkei also hits high SEOUL, June 01 (AJP) - South Korea's benchmark KOSPI surged 3.7 percent to close at a record 8,788.38, breaking above the 8,700 level for the first time in its history in a session driven by two simultaneous re-ratings at the heart of the artificial intelligence (AI) trade. Samsung Electronics said it has begun shipping samples of its next-generation HBM4E memory, the industry's first 12-layer high-bandwidth chip and a generational step up in the AI memory hierarchy, June 1, 2026

Samsung's shipment of HBM4E samples seen as strategic move ahead of Jensen Huang's Seoul visit SEOUL, June 1 (AJP) - Samsung Electronics' shipment last week of next-generation High Bandwidth Memory 4E (HBM4E) samples is widely seen as a strategic overture to Nvidia, just ahead of chief executive Jensen Huang's visit to South Korea, multiple experts said. In a timed move, Samsung announced last Friday that it has begun shipping the industry's first 12-layer HBM4E samples to global customers. The rollout comes just days before Huang's upcoming visit to Seoul, fo June 1, 2026

Korea, China ease food trade rules, opening wider door for K-food exports SEOUL, June 01 (AJP) - South Korea and China have agreed to streamline registration procedures for Korean food exporters and to permit shipments of meat-based instant noodles, widening the export channel for the country's increasingly popular K-food, Seoul's food safety regulator said. The Ministry of Food and Drug Safety said Monday it held its 16th Korea-China food safety cooperation meeting in Qingdao, China, and the 17th Korea-China Food Standards Expert Council in Jeju, June 1, 2026

SK hynix reports no production disruption after minor spark at Cheongju plant SEOUL, June 01 (AJP) - SK Hynix confirms no production disruption after minor pipe spark at Cheongju plant SK Hynix reported zero disruptions to semiconductor production following a minor spark at its Cheongju plant in South Korea, despite the incident triggering the evacuation of 3,600 employees. The company stated that no major injuries occurred during the maintenance work and manufacturing operations remain fully intact. The incident began at 10:32 a.m. on the 1st in a sixth-f June 1, 2026

Samsung Electronics' market cap surpasses 2 quadrillion won SEOUL, June 1 (AJP) - Samsung Electronics on Monday became the first South Korean company to top 2 quadrillion won in market capitalization, driven by surging investor enthusiasm over the ongoing AI-driven chip boom. Shares of the tech giant surged 10.25 percent to 349,500 won as of 1:40 p.m. on the benchmark KOSPI, hitting an intraday high and pushing its market capitalization to 2,041.8 trillion won (US$1.51 trillion). Samsung first crossed the 2 quadrillion won mark at around June 1, 2026

Samsung Display unveils full gaming OLED lineup at COMPUTEX 2026 SEOUL, June 01 (AJP) - Samsung Display Co. announced Monday it is showcasing a comprehensive lineup of 16 gaming-optimized OLED and QD-OLED displays at the COMPUTEX 2026 exhibition, held in Taipei, Taiwan, from June 2-5. The products range from 8.8-inch panels for handheld gaming PCs to 49-inch QD-OLED monitors. A key product debut is a QD-OLED monitor that simultaneously achieves 4K resolution and a 360Hz high refresh rate, a specification the company claims is an industry first June 1, 2026

BOK's two-day conference opens with warnings over stablecoins and digital money shift SEOUL, June 01 (AJP) - The spread of stablecoins could reinforce the dominance of the U.S. dollar and weaken monetary sovereignty in other economies, European Central Bank executive board member Isabel Schnabel warned on Monday at the Bank of Korea's annual conference in Seoul on Monday. At the two-day conference held under the theme "Central Banks and the Future of Money" at the central bank's annex hall, Schnabel said in her keynote speech that the rapid spread o June 1, 2026

SHINee kicks off concert trilogy with sold-out Seoul shows SEOUL, June 01 (AJP) - K-pop boy band SHINee opened its new concert trilogy with three sold-out shows in Seoul, drawing more than 30,000 fans over the weekend, the band's agency SM Entertainment said Monday. SHINee held "The Trilogy I - 2026 SHINee WORLD VIII: THE INVERT" from May 29 to 31 at KSPO Dome in Olympic Park, Seoul. All three shows sold out, including restricted-view seats. The first show was shown through live viewing events at cinemas in South Korea, Indo June 1, 2026