Latest
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Samsung Electronics starts mass shipments of HBM4, targets next-gen AI demand
SEOUL, February 12 (AJP) - Samsung Electronics has begun mass shipments of the industry's first HBM4 high-bandwidth memory chips, the South Korean tech giant said on Thursday, looking to secure an early lead in the next-generation AI memory market. The new chip utilizes Samsung's advanced 10-nanometer class (1c) DRAM and its proprietary 4-nanometer foundry process for the base die. It delivers stable transfer speeds of 11.7 gigabits per second (Gbps) and hits a maximum of
February 12, 2026
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Ex-interior minister sentenced to 7 years in prison in martial law case
SEOUL, February 12 (AJP) - Former Interior and Safety Minister Lee Sang-min was sentenced to seven years in prison on Thursday for his role in disgraced former President Yoon Suk Yeol's martial law debacle. In a trial broadcast nationwide, the Seoul Central District Court ruled that he was guilty of aiding Yoon's declaration of martial law on Dec. 3, 2024, by instructing police and fire agencies to cut off power and water to media outlets on Yoon's orders. The court
February 12, 2026
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Seoul embarks on massive cleanup of penny stocks while market is hot
SEOUL, Feb 12 (AJP) - Hoping to keep alive the sizzling momentum in the Korean stock market, now ranked among the world’s top 10 by valuation, Seoul has toughened rules to clean out zombie stock names. According to a new set of delisting requirements unveiled Thursday by the Financial Services Commission (FSC), members of the KOSPI will face stronger market capitalization and financial health standards, similar to those applied to the smaller KOSDAQ. As of September 2024,
February 12, 2026
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Seongsu – how pop-up fever turned shop space into show space
Editor’s Note: This is the second installment in AJP’s Seongsu series, which examines how Seoul’s former factory district transformed into a global hub for pop-ups, brand experiences and new forms of urban consumption. SEOUL, February 12 (AJP) - In Seongsu, a former industrial district in eastern Seoul, retail space is no longer leased mainly to sell goods. It is rented — by the day or the week — to buy attention. Over the past decade, short-ter
February 12, 2026
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Court orders HYBE to pay Min Hee Jin 25.5 Billion Won in put option dispute
SEOUL, February 12 (AJP) - A Seoul court has ruled that HYBE must pay roughly 25.5 billion won ($19 million) to Min Hee-jin, former CEO of ADOR and current head of OK Records, in connection with a put option dispute. The Seoul Central District Court’s Civil Division 31, presided over by senior judge Nam In-soo, partially ruled in favor of Min in her lawsuit seeking payment under a shareholder agreement. The court ordered HYBE to pay Min roughly 25.5 billion won. It also dism
February 12, 2026
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BTS Comeback D-37: Built different, the Suga equation
*Editor’s Note — As BTS prepares to return as a full seven-member act with a new album set for March 20 and an open-stage performance at Gwanghwamun on March 21, following a near four-year hiatus for rotational military service, AJP revisits the group’s 13-year trajectory. This series reexamines BTS’s history, music, performance identity and enduring appeal. The Third installment traces the BTS member SUGA's roots and growth. SEOUL, February 12 (AJP) -
February 12, 2026
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HD Hyundai's 2025 profit more than doubles on shipbuilding boom
SEOUL, February 12 (AJP) - HD Hyundai said in a regulatory filing on Thursday that its 2025 operating profit more than doubled, driven by strong profitability in shipbuilding and offshore operations. The group reported consolidated revenue of 71.26 trillion won ($49.5 billion) for 2025, up 5.2 percent from a year earlier, while operating profit surged 104.5 percent to 6.1 trillion won. HD Hyundai said earnings growth was led by improved margins in shipbuilding and offshore bu
February 12, 2026
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Foreign home purchases in Seoul halve after Korea tightens property rules
SEOUL, February 12 (AJP) - Foreign purchases of homes in Seoul fell by more than half after the government designated the capital and key parts of the greater metropolitan area as land-transaction permit zones for foreign buyers. The Ministry of Land, Infrastructure and Transport said Thursday its review of apartment and other home transactions from September to December last year showed sales by foreign buyers declined across designated areas compared with a year earlier.
February 12, 2026
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Cheong Wa Dae expresses regret over canceled meeting with DP, PPP leaders
SEOUL, February 12 (AJP) - Cheong Wa Dae on Thursday expressed "regret" over the cancellation of a planned luncheon meeting hosted by President Lee Jae Myung with the leaders of the leading parties. "It is very regrettable that the meeting was canceled," said Hong Ik-pyo, senior presidential secretary for political affairs. "It was meant to improve communication and bipartisan cooperation on key state affairs, but the chance to fulfill that purpose was los
February 12, 2026
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LocknLock highlights new products, meets partners at Ambiente 2026
SEOUL, February 12 (AJP) - South Korean household goods maker LocknLock said on Wednesday it has completed its participation in Ambiente 2026, the world’s largest consumer goods trade fair, held in Frankfurt from Feb. 6 to 10, where it showcased new and flagship products to global buyers. The company said the event, which drew brands and buyers from 176 countries, served as a platform to present its portfolio across food storage containers, beverageware, cookware and child-fri
February 12, 2026