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Nvidia's Seoul show goes on under Huang's shadow SEOUL, November 09 (AJP) - Nvidia's Seoul showcase opened Monday with neither Jensen Huang nor his daughter at COEX.
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KOSPI at 5,000: Retail investors wake from midsummer dream SEOUL, November 9 (AJP) — “It's been real, it's been fun, but it hasn't been real fun” serves as a swan song for South Korean mom-and-pop stock investors heading for the exit. Jang.
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Samsung, Hyundai Motor cozy up for physical AI SEOUL, November 09 (AJP) - Samsung and Hyundai Motor Group, two of South Korea’s industrial flagships, are cozying up for the next phase of AI development as their partnership expands from chips and batteries into robotics and intelligent machines.
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South Korea to send special envoy to UN climate summit in Türkiye
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Seoul inspects fishers over migrant worker rights
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South Korea introduces rules for seizing cryptocurrency assets SEOUL, November 09 (AJP) - South Korea has introduced new rules allowing courts to seize and liquidate cryptocurrencies such as Bitcoin to enforce civil judgments, the Supreme Court's National Court Administration said Monday. -
AI fuels growth for Korea, leaves behind households; KDI SEOUL, November 9 (AJP) — South Korea's economy continues to expand on strong AI-related exports and investment, while household consumption remains stubbornly sluggish, the Korea Development Institute (KDI) said Monday. -
Nvidia says simulation is key to Korea's factory robots SEOUL, November 09 (AJP) - Robots bound for South Korea's factories should learn their trade in virtual replicas of the shop floor before they ever touch a car door, a senior Nvidia executive said Monday. -
Disgraced stem cell scientist appears to lose South Korean citizenship SEOUL, November 9 (AJP) - Disgraced scientist Hwang Woo-suk appears to have lost his South Korean citizenship after acquiring United Arab Emirates (UAE) nationality, according to an official government notice released on Monday.
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Won defies stock selloff as export dollars offer support SEOUL, November 9 (AJP) — South Korea’s won strengthened alongside the Japanese yen Monday despite continued foreign selling of Korean equities as exporters’ dollar conversions helped cushion the currency against concerns over slowing AI investment. The divergence reflects two different forces: stock investors are reassessing future semiconductor earnings, while exporters are still converting dollars earned from strong overseas sales. The won closed daytime trading at 1,347.1 by Kim Yeon-jae
Is regulation best answer to Korea's teen social media addiction?
SEOUL, November 05 (AJP) - South Korea is mulling restrictions on children’s access to social media, joining a global push to shield young users from addictive feeds and harmful content. A country that once ordered teenagers off online games at midnight faces a déjà vu question over whether state intervention is the best answer. President Lee Jae Myung — himself an active social media user — instructed the Korea Media and Communications Commission (KMCC) at a Ca
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Data center reckoning: A blessing in disguise for Korean chipmakers? SEOUL, November 09 (AJP) - The foreign flight from Korean chip stocks over fears of slower U.S. data center construction need not spell the end of the AI fairy tale since power constraints unsettling investors could instead reward Korean chipmakers’ years of investment in energy efficiency, according to a semiconductor expert. Investors risk equating fewer new data centers with fewer memory orders, overlooking demand for upgrades at existing facilities, said Lee Jong-hwan, a professor of
US midterm lays bare Korean chipmakers' exposure to AI politics
SEOUL, November 06 (AJP) - A US midterm vote half a world away hit the Seoul bourse and its biggest chipmakers hardest. Foreign investors fled, and local players are split on whether this is excess panic or a rightful correction. SK hynix tumbled 10.76 percent Friday after 9.46 percent a day earlier after sweeping Democrat win became evident. Samsung Electronics lost 6.35 percent on top of Thursday's 7.57 percent retreat. They had been hammered even before the election results on concerns
