Doosan Enerbility wins $617 million Vietnam power plant SEOUL, October 01 (AJP) -Doosan Enerbility has won an 837.97 billion won ($617 million) contract to build a combined-cycle power plant in Vietnam, the South Korean company disclosed Thursday. The agreement with Vietnam National Industry–Energy Group, known as PVN, covers engineering, procurement and construction for the O Mon III power plant in Can Tho. Signed Wednesday, the contract is equivalent to 4.91 percent of Doosan Enerbility’s 2025 consolidated revenue of 1 October 1, 2026

SK hynix says no decision made on Solidigm U.S. IPO SEOUL, October 01 (AJP) - SK hynix said Thursday that no decision has been made on a potential U.S. listing of its NAND subsidiary Solidigm, amid concerns that an initial public offering could dilute the economic interests of existing shareholders. "We are reviewing various options to strengthen Solidigm's competitiveness, but nothing has been decided," SK hynix said in a statement. The chipmaker said Solidigm continues to assess investment needs to expand product October 1, 2026

Micron signals longer AI bonanza for Samsung, SK hynix SEOUL, October 01 (AJP) - Micron Technology’s record earnings and unusually bullish outlook reinforced expectations that an AI chip windfall will extend the record earnings streak for the three memory majors, including Samsung Electronics and SK hynix, through 2027 and into 2028. The U.S. memory chipmaker reported fiscal fourth-quarter revenue of $54.23 billion, up 31 percent from the previous quarter and nearly fivefold from a year earlier. Non-GAAP operating income reached October 1, 2026

Seoul loses appeal vs Elliott over Samsung merger SEOUL, October 01 (AJP) - An international arbitration tribunal has reaffirmed South Korea's liability to U.S. investment firm Elliott Investment Management over government intervention in the controversial 2015 merger of Samsung C&T and Cheil Industries. The remand tribunal ruled on Wednesday that the government's intervention in the merger vote was causally linked to losses suffered by Elliott, then a minority shareholder in Samsung C&T. South Korea was ordere October 1, 2026

Seoul bourse mostly flat despite US deal and Micron earnings SEOUL, October 01 (AJP) - Korean investors turned to U.S.-linked energy and semiconductor themes Thursday morning after Seoul and Washington laid out $142 billion energy project plans including eight nuclear reactors under South Korea's U.S. investment package. The benchmark KOSPI stood at 6,821.60 as of 10:40 a.m., down 0.2 percent from the previous session after moving between a high of 6,854.21 and a low of 6,765.06. Retail investors bought 322.9 billion won ($237 millio October 1, 2026

Lee Kun-hee Collection lands in London for first European showcase SEOUL, October 01 (AJP) - A selection from the late Samsung Chairman Lee Kun-hee's vast art collection has gone on display at the British Museum, marking the collection's first European exhibition following shows in Washington and Chicago. The exhibition, titled "Korea," opened Wednesday in London and runs through Jan. 31, bringing together 100 works spanning more than 2,000 years of Korean art. It is the British Museum's first major special presentation of October 1, 2026

EXO's Chanyeol to roll out second Japanese EP SEOUL, October 01 (AJP) - K-pop boy group, EXO member Chanyeol will release his second Japanese EP "Tabi" on Friday ahead of a four-city tour across Japan, SM Entertainment said Wednesday. The six-track album arrives about a year after his first Japanese EP "Hibi," released in October 2025. Upcoming album's title track, "Song For You," is a modern rock song built around electric guitar. All six tracks were released digitally in advance on Sept. October 1, 2026

U.S. Ambassador Steel calls for deeper Korean investment in U.S. SEOUL, October 01 (AJP) - U.S. Ambassador to South Korea Michelle Steel on Wednesday urged Korean companies to expand their investment in the United States, saying the decades-old alliance between the two countries has grown from a security partnership into an increasingly important economic relationship. Steel made the remarks at the AMCHAM-KCCI Doing Business in the U.S. Seminar 2026, held at the Grand Hall of the Korea Chamber of Commerce and Industry in central Seoul. Joint October 1, 2026

Korea, US agree on $142B energy plans, Alaska under review SEOUL, October 01 (AJP) -South Korea is taking the first step in fulfilling its $200 billion strategic investment pledge to the United States with a $22.3 billion Texas power project, alongside a $120 billion nuclear cooperation framework and a conditional review of Alaska LNG to help bolster U.S. energy supplies for its AI data center buildout. The two governments announced the three initiatives Thursday in Seoul and Wednesday in Washington under the investment agreement accompanyi October 1, 2026

KAIST team films how light flips azobenzene switch SEOUL, October 01 (AJP) - Researchers in South Korea used ultrafast X-rays to film a light-driven molecular switch as it flipped, capturing a motion that chemists have argued over for nearly 50 years. The molecule, azobenzene, changes shape by moving its central hinge like a pair of bicycle pedals while its two bulky rings stay nearly still, a team from KAIST and the Institute for Basic Science reported Wednesday in the journal Nature. The researchers resolved the atomic structure October 1, 2026