Latest news
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Annual celebrations to spotlight women entrepreneurs next week
SEOUL, June 28 (AJU PRESS) - The government and business organizations will celebrate Women Entrepreneurship Week next week with various events highlighting the achievements and challenges of women business owners. The third annual festival will take place in Seoul and 18 other regions across the country from Monday to Friday, under the theme "K-Women Entrepreneurs: Opening New Opportunities on the World Stage." The government has designated the first week of July as W
June 28, 2024 -
S. Korea to keep eye on possible dispatch of N. Korean engineering forces to Ukraine
SEOUL, June 28 (AJU PRESS) - Following a series of news reports that North Korea could send engineering forces to Ukraine, South Korea's Ministry of Unification said Friday that it is keeping an eye on further developments. Last week, cable channel TV Chosun, citing an anonymous government official, reported that Pyongyang is likely to dispatch engineering forces to Ukraine's Donetsk Oblast, currently occupied by Russian forces, to engage in reconstruction projects there as
June 28, 2024 -
Chilean Embassy honors Pablo Neruda's literary legacy on 100th anniversary
SEOUL, June 28 (AJU PRESS) - An event marking the centennial of the publication of Pablo Neruda's poetry collection was held in Seodaemun, western Seoul on Thursday. Hosted by the Embassy of Chile to Korea, the event honored the renowned Chilean poet and reflected on his famous literary works, "Twenty Love Poems and a Song of Despair," which comprises 20 love poems. Ambassador of Chile to Korea Mathias Franke highlighted Neruda's literary achievements, saying, &
June 28, 2024 -
SK Group convenes strategy meeting amid restructuring plans
SEOUL, June 28 (AJU PRESS) - SK Group, South Korea's second-largest conglomerate, began a two-day top management meeting Friday to discuss growth strategies and subsidiary restructuring. About 30 executives, including CEOs from major subsidiaries including SK Corp., SK Innovation, SK Telecom and SK hynix, gathered at the SKMS Research Institute in Icheon. Chairman Chey Tae-won is participating via video conference from the U.S. The meeting aims to maximize investment in futur
June 28, 2024 -
Firefighters conduct drill in Seoul to prepare for electric bus fires
SEOUL, June 28 (AJU PRESS) - The Seoul Metropolitan Government said Friday that it conducted a fire drill involving 10 fire trucks and seven electric buses at a public bus depot in southern Seoul the previous day. Organized by the Seoul Metropolitan Fire & Disaster Headquarters in collaboration with other administrative bodies including Songpa District Fire Station, Seoul Facilities Corporation, and Seoul Public Garage, the drill was promoted by a recent deadly fire at a lithi
June 28, 2024 -
LG Energy Solution halts construction of U.S. battery plant
SEOUL, June 28 (AJU PRESS) - LG Energy Solution has temporarily suspended construction of its energy storage system (ESS) battery plant in Arizona, U.S., just two months after breaking ground, according to market insiders on Friday. The decision comes amid a slowdown in electric vehicle (EV) battery demand, prompting the company to adjust its investment pace. The Korean battery maker originally planned to invest 7.2 trillion won ($5.5 billion) to build facilities capable of prod
June 28, 2024 -
SK hynix develops high-performance SSD for AI PCs
SEOUL, June 28 (AJU PRESS) - SK hynix has unveiled 'PCB01', a high-performance solid-state drive (SSD) designed for on-device AI PCs. The new product features an 8-channel PCIe 5th generation specification, offering industry-leading performance among PC SSDs. The PCB01 boasts sequential read and write speeds of 14GB/s and 12GB/s respectively, capable of running large language models within a second. It also improves power efficiency by over 30 percent compared to previous ge
June 28, 2024 -
Samsung Electronics to unveil AI strategy at foundry forum
SEOUL, June 28 (AJU PRESS) - Samsung Electronics is expected to unveil key strategies to enhance its artificial intelligence chip business during its annual forums next month. The Korean tech giant said Friday it will hold the Samsung Foundry Forum and the SAFE (Samsung Advanced Foundry Ecosystem) Forum at COEX in southern Seoul on July 9. Choi Si-young, president of Samsung's foundry business, will deliver the keynote speech at the Foundry Forum. The world’s large
June 28, 2024 -
Dubai's chocolate bar craze reaches Korea
SEOUL, June 28 (AJU PRESS) - Dubai's thick chocolate bar has suddenly become a sough-after dessert in Korea. Young Koreans, who have developed a taste for foreign desserts, are now turning to this Middle Eastern snack. Until May, there were no searches for keywords like "Dubai chocolate" on Google Trends, but they have instantly become one of the most searched keywords since early June. The latest craze comes after the whirlwind frenzy for tanghulu, a Chinese candie
June 28, 2024 -
Naver-backed Webtoon Entertainment surges 9.5% on Nasdaq debut
SEOUL, June 28 (AJU PRESS) - Shares of Webtoon Entertainment surged 9.5 percent in a powerful debut on the Nasdaq on Thursday, giving the digital comics platform a market value of about $2.92 billion. The Los Angeles, California-based company, backed by Korean internet giant Naver, raised $315 million in its initial public offering by selling 15 million shares at $21 per share, the top end of its proposed range of $18 to $21. The price rose as much as 14 percent in early trading
June 28, 2024
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Quad leaders condemn North Korea's nuclear, missile programs
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Over 1,500 displaced as heavy rains batter southern provinces
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Battery cell damage from external impact may have caused last month's EV fire: forensic service
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KBS demands apology from Real Madrid after abrupt cancellation of K-pop concert
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PHOTOS: Junior college admission fair opens in Seoul
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Koreans' views toward Japanese improve, survey finds
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Czech Republic optimistic about Korean consortium's bid for nuclear power plant project
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INTERVIEW: Female business leader urges women entrepreneurs to tap global markets
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Opinion: A wake-up call for Scholz and the European Union
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Opinion: Prime Minister's Visit underscores vital Britain ties