Samsung SDI secures $1.36 billion U.S. deal, marking foray into LFP battery market SEOUL, December 10 (AJP) - Samsung SDI announced Wednesday its U.S. subsidiary has clinched a deal worth more than 2 trillion won ($1.36 billion) to supply lithium iron phosphate (LFP) batteries to an American energy infrastructure company, Samsung SDI America signed the multi-year contract with an undisclosed U.S. energy infrastructure developer and operator to supply LFP batteries for energy storage systems over three years starting in 2027. The deal represents about 15 percent of December 10, 2025

ChatGPT unrivalled 2025 app winner in Korea SEOUL, December 10 (AJP) - OpenAI's generative artificial intelligence ChatGPT was the standout app winner in South Korea this year, expanding user base nearly threefold between January and November, according to analytics firm WiseApp/Retail Wednesday. The AI assistance recorded a 196.6-percent surge in users from January to November, far outpacing growth across Korea's most competitive sectors from ecommerce to beauty and fintech. Other fast risers included bargai December 10, 2025

Asian markets continue to hold breadth until Fed chair speaks SEOUL, December 10 (AJP) - Asian markets moved cautiously on Wednesday as investors held their breadth ahead of the U.S. Federal Open Market Committee decision, due at 6 a.m. Thursday Korean Standard Time, leaving the region in a subdued holding pattern for clues on next year’s rate path. The Korean won was steady at 1,469 per dollar as of 10:50 a.m., with traders perplexed by speculation that the National Pension Service may issue foreign currency–denominated bonds as December 10, 2025

60s movie star Kim Ji-mee dies in US SEOUL, December 10 (AJP) - Veteran actress Kim Ji-mee, one of the biggest stars of South Korean cinema in the 1960s and 1970s, died of age-related complications in the U.S., film industry sources said Wednesday. She was 85. Born in 1940 in South Chungcheong Province, the prolific actress appeared in around 700 films since making her screen debut in director Kim Ki-young's 1957 film "Twilight Train," with her career spanning from the 1950s through the 1990s. Her pers December 10, 2025

Peru to buy South Korea's K2 battle tanks, armored vehicles in $1.5 billion deal SEOUL, December 10 (AJP) - Peru has agreed to purchase South Korea’s domestically developed K2 main battle tanks, becoming the first Latin American country to acquire the platform, South Korea’s presidential office said on Wednesday. The contract, valued at about 2 trillion won ($1.5 billion), covers the supply of 54 K2 tanks and 141 armored vehicles, for a total of 195 units, and represents South Korea’s largest-ever defense export to Latin America. If im December 10, 2025

AI sparks a creative rebirth in Korean short films SEOUL, December 10 (AJP) - South Korea’s short drama market is undergoing a rapid transformation as artificial intelligence moves from an experimental tool to a full-scale production engine, slashing costs and widening the boundaries of what can be created. At the center of the shift is Vigloo, operated by Spoon Labs, which will release a slate of AI-driven short dramas in 2025, including "My Savior from Hell" and "Seoul: 2053." The projects were dev December 10, 2025

Seoul heralds record government debt pipeline for 2026 SEOUL, December 10 (AJP) - South Korea plans to issue a record volume of treasury bonds next year, raising oversupply concerns on the tepid debt market. According to 2026 pipeline, the Ministry of Economy and Finance intends to issue 225.7 trillion won in treasury bonds. Although the figure is 5.4 trillion won lower than this year’s issuance, the net increase in outstanding debt will reach 109.4 trillion won—25.7 trillion won more than the previous year and potentia December 10, 2025

A German lesson for Korea amid geopolitical shifts “What is South Korea’s perception of China? Germany is currently deliberating its strategy toward China,” German Chancellor Friedrich Merz asked President Lee Jae Myung during their first summit at the G20 in Johannesburg on Nov. 22. Lee did not respond immediately. Merz, sensing the moment, added that Berlin would take Seoul’s perspective into account as it shapes its new China strategy. Lee, for his part, asked what Germany had learned from over December 10, 2025

North Korea gears up for party congress SEOUL, December 10 (AJP) - North Korea has convened a plenary meeting to prepare for the Workers' Party's upcoming key congress scheduled for early next year, state media reported on Wednesday. The state-run Korean Central News Agency said the plenary meeting, presided over by the country's leader Kim Jong-un, was held the previous day to discuss key policies and other issues. The year-end gathering, which usually takes place over several days in mid-December, December 10, 2025

Samsung unit enters humanoid robot market with investment in Norwegian robotics firm SEOUL, December 10 (AJP) - Samsung Electro-Mechanics said Wednesday it has made a strategic investment in Norwegian electric motor company Alva Industries, marking its entry into the humanoid robot components market. Alva Industries said on its website on Dec. 9 that it will work with Samsung Electro-Mechanics on the development of advanced motor drive solutions for robots, following a multi-million euro investment. Founded in 2017, Alva is known for its proprietary fiber-p December 10, 2025