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Little-known Korean tanker bet pays off as Hormuz crisis turns VLCCs into liquid gold SEOUL, March 24 (AJP) - A little-known South Korean shipowner has emerged as one of the biggest winners of the Persian Gulf crisis, as a wartime chokehold on the Strait of Hormuz transforms oil tankers into highly profitable floating storage — and draws takeover interest from the world’s largest container carrier. Janggeum Maritime, the tanker arm of Sinokor Merchant Marine Group, has struck an in
Beyond HBM: The next AI memory race is already underway DAEJEON, March 24 (AJP) - High bandwidth memory (HBM) is what enabled the current artificial intelligence boom, giving chips the speed needed to train large-scale models. But as AI shifts from training to real-world deployment, the industry is running into a different constraint — not speed, but scale. That shift is beginning to redefine the competitive landscape. The next phase of the AI chip race m
Korea braces for fertilizer crunch on top of energy crisis in Gulf fallout SEOUL, March 24 (AJP) - As the Middle East war drags into its third week, the extensive closure of Strait of Hormuz is no longer just an energy story. Beneath the surface, it is beginning to choke the fertilizer supply chain that underpins global food production — a shift that could soon translate into higher food prices for import-dependent economies like South Korea.