Samsung shows full AI chip stack as CXMT rattles memory stocks SEOUL, October 14 (AJP) - Shares of the world’s leading memory makers have nosedived this week on heavy selling after China’s ChangXin Memory Technologies (CXMT) stepped up its catch-up push by targeting the server memory market. Samsung Electronics, the leader of the three-way memory oligopoly it has long shared with SK hynix and Micron, put a sweeping lineup on display at SEDEX 2026 in Seoul, from HBM4E to advanced packaging, as if to show it is still pulling ahead. October 14, 2026

Once world's fastest, South Korea slips to 22nd in internet speed SEOUL, October 14 (AJP) - South Korea's fixed broadband speed has plunged to 22nd place, once ranked first in the world, according to an analysis by Seattle-based network intelligence platform Ookla. Ookla, which tracks internet speeds worldwide, said South Korea's median fixed broadband download speed stood at 251.33 Mbps in August, ranking 22nd among 149 countries, behind Viet Nam in eighth place and Thailand in ninth. Singapore topped the ranking at 462.50 Mbps, follow October 14, 2026

Bridge linking North Korea with China to open 12 years after completion SEOUL, October 14 (AJP) - A bridge linking the North Korean border city of Sinuiju with China's Dandong is set to open later this week after lying idle for more than a decade, Chinese state media reported on Wednesday. According to China's state-run Xinhua News Agency, a joint opening ceremony for the four-lane New Yalu River Bridge is scheduled for Thursday. The 3,026-meter-long bridge was completed in October 2014, three years after construction began, but remained clos October 14, 2026

Seoul says defense chiefs' meeting in Philippines not yet confirmed SEOUL, October 14 (AJP) - A possible meeting between South Korean Defense Minister Kang Shin-chul and U.S. Defense Secretary Pete Hegseth later this month remains uncertain, as Washington has yet to confirm its attendance at a regional defense gathering, South Korea's defense ministry said Wednesday. An official from the ministry's spokesperson's office told AJP that Kang is expected to attend the ASEAN Defense Ministers' Meeting Plus (ADMM+) in the Philippines in la October 14, 2026

Climate minister eyes Samsung, LG modular homes for green push SEOUL, October 14 (AJP) - South Korea's climate minister toured Samsung Electronics and LG Electronics modular homes on Wednesday, weighing their role in a new green transition plan, the companies said. Kim Sung-whan, minister of climate, energy and environment, visited Samsung's showhouse in Hwaseong, south of Seoul, and LG's Smart Cottage Village in Jincheon, North Chungcheong Province. The trip was tied to K-GX, a 10-year green transition plan unveiled last week wi October 14, 2026

Dan Ives' Seoul investment insights A press conference featuring Dan Ives, co-founder and partner of U.S. investment bank Yorkville Ives, is held at the Conrad Seoul hotel in Yeongdeungpo-gu, Seoul, on Oct. 14, 2026. October 14, 2026

Foreign selling hits seventh session, capping Seoul rebound attempt SEOUL, October 14 (AJP) -Earlier 2.6 percent rebound of the KOSPI gave ground as foreign selling piled in, sending Seoul's main index fragily retaining 6,000 mark Wednesday. The KOSPI slipped 6.5 points or 0.1 percent to 6,028.8, its sixth consecutive decline. Chip shares gave up their morning gains in the afternoon after Dutch equipment maker ASML reported quarterly results. Foreign investors net sold 893.8 billion won ($667.9 million) of KOSPI shares. The tech-heavy KOS October 14, 2026

Netflix Korea posts record revenue amid heavy payments to U.S. parent SEOUL, October 14 (AJP) - Netflix's Korean unit posted more than 1 trillion won in annual sales for the first time last year, with 81 percent of the revenue paid to its U.S. parent, according to an analysis released Wednesday. Netflix Korea recorded 1.0542 trillion won ($786.4 million) in sales in 2025, up 17.2 percent from 899.7 billion won a year earlier. Of the total, 853.9 billion won was paid to Netflix Inc. for subscription membership purchases and other group fees. T October 14, 2026

HBM alone won't secure a top-tier memory rank in AI era: SK hynix SEOUL, October 14 (AJP) - Staying at the forefront of the AI memory race will require more than delivering faster high-bandwidth memory chips at scale, SK hynix’s chief development officer said Wednesday. The dominant HBM supplier is developing a new generation of technologies to tackle bottlenecks that bandwidth alone cannot resolve as increasingly sophisticated AI agents push data traffic to new extremes, Ahn Hyun, president and chief development officer of SK hynix, told S October 14, 2026

Former taxman named as Lee's new chief of staff SEOUL, October 14 (AJP) - Former National Tax Service (NTS) chief Lim Kwang-hyun has been tapped as President Lee Jae Myung's new chief of staff, Cheong Wa Dae said on Wednesday. During his final press briefing, Lee's outgoing top aide Kang Hoon-sik, who offered to resign last month following a series of failed Cabinet nominations, announced Lim's appointment. Kang said Lim, a former lawmaker and economic bureaucrat with extensive administrative experience, had helped October 14, 2026