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  South Koreans to enjoy weeklong break for Lunar New Year holiday SEOUL, January 8 (AJP) - South Koreans are expected to enjoy a full week's break for the Lunar New Year holiday later this month as the government is considering designating Jan. 27 as a temporary public holiday. This means the holiday would start on Saturday, Jan. 25, and last until Jan. 30. The announcement was made after a meeting with the ruling People Power Party on Wednesday. PPP lawmaker Kim Sang-hoon said the extra public day off would help "boost domestic consumpti January 8, 2025
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  [CES 2025] SK Telecom unveils personal AI agent at CES 2025 LAS VEGAS, January 7 (AJP) - SK Telecom showcased its personal AI agent, Aster, on Tuesday at CES 2025, announcing plans to launch a beta service for North American users in March. Designed to streamline users' lives, Aster boasts a range of capabilities, from preliminary research and planning to task execution. The AI can manage schedules, create to-do lists, and offer proactive suggestions. For instance, when a user in Las Vegas queries, "I have no plans for my last January 8, 2025
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  [CES 2025] Nvidia's Jensen Huang urges Samsung to redesign HBM chips at CES 2025 LAS VEGAS, January 7 (AJP) - Nvidia CEO Jensen Huang has called on Samsung Electronics to redesign its HBM (High Bandwidth Memory) chips during a press conference in Las Vegas, coinciding with CES 2025. While SK hynix supplies HBM to Nvidia, Samsung is undergoing tests to secure its supplier position. "has to engineer a new design, but they can do it, and they are working very fast," Huang said on Tuesday. "Samsung actually created the first HBM that Nv January 8, 2025
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  Hyundai Motor Group considers constructing steel plant in US SEOUL, January 8 (AJP) - Hyundai Motor Group is considering building its first overseas steel mill in the United States, as the company seeks to navigate potential trade barriers under the incoming Donald Trump administration, according to industry sources on Wednesday. The South Korean conglomerate is examining several locations, including Georgia, where it currently operates automotive manufacturing facilities, for the construction of a steel plant through its subsidiary, Hyundai January 8, 2025
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  Samsung Electronics reports disappointing fourth-quarter earnings amid tech slowdown SEOUL, January 08 (AJP) - Samsung Electronics reported an operating profit of 6.5 trillion won ($5.4 billion) for the fourth quarter of 2024, falling significantly short of market expectations despite a year-over-year increase of 130.5 percent. The earnings, disclosed in a preliminary report on Wednesday, marked a 29.2 percent decline from the previous quarter’s 9.2 trillion won profit and fell 15.7 percent below the market consensus of 7.7 trillion won. Analysts had init January 8, 2025
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  Anti-corruption agency vows to arrest Yoon in next attempt as court extends warrant SEOUL, January 7 (AJP) - Investigators vowed Tuesday to ensure the arrest of President Yoon Suk Yeol over his botched martial law debacle last month, after their failed attempt last week. "We will thoroughly prepare for the arrest, with the resolve that it would be the last chance," said Oh Dong-woon, head of the Corruption Investigation Office for High-ranking Officials (CIO), during a National Assembly hearing. Last week, about 30 CIO investigators attempted to arrest January 7, 2025
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  PHOTOS: Supporters of Yoon Suk Yeol hold rallies near presidential residence SEOUL, January 07 (AJP) - In a striking display of loyalty, supporters of impeached President Yoon Suk Yeol have gathered near his residence in Hannam-dong, Seoul, staging rallies to shield him from potential apprehension by investigative authorities. Chanting slogans and waving banners, the demonstrators vowed to protect Yoon. January 7, 2025
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  [CES 2025] Forum links Korean startups with Silicon Valley experts LAS VEGAS, January 7 (AJP) - A landmark forum spotlighting the global expansion of Korean startups convened alongside CES 2025, drawing over 100 technology and business leaders from South Korea and Silicon Valley. The inaugural Global International Growth Summit (GIGS), hosted by AJP and backed by South Korea's Ministry of SMEs and Startups served as a platform for discussing innovation, collaboration, and strategies to navigate global markets. "AI and machine learning January 7, 2025
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  [CES 2025] Samsung unveils bold vision for AI-driven smart homes LAS VEGAS, January 6 (AJP) - Samsung Electronics revealed an ambitious blueprint for the future of smart homes, showcasing its commitment to simplifying daily life through advanced artificial intelligence and seamlessly connected devices. During a high-profile press conference, Han Jong-hee, Samsung’s vice chairman and head of the Device eXperience (DX) division, introduced the company’s “Home AI” vision. The initiative leverages AI technology to learn hous January 7, 2025
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  Korean top conglomerates ramp up robotics investment SEOUL, January 7 (AJP) - South Korea's leading conglomerates Samsung Electronics, Hyundai Motor Group, and LG Electronics are intensifying their focus on robotics development, marking it as a key growth engine for 2025. According to industry sources on Monday, Samsung Electronics has established a new robotics task force team under direct supervision of its CEO, while securing a 35 percent controlling stake in Korea-based Rainbow Robotics through a 354.5 billion won (US$243 mill January 7, 2025