AJU PRESS - ASIA NEWS HUB

EV chasm redraws East Asia's auto map SEOUL, May 12 (AJP) - A widening electric-vehicle demand divide across Asia is reshaping the region's automotive hierarchy, pushing Japanese automakers into retreat while opening once-impenetrable markets to Chinese exporters. Caught between the two forces, South Korea's battery makers are pivoting aggressively toward energy storage systems and lower-cost chemistrie
Policy chief floats 'AI dividend' concept amid AI boom in Korea SEOUL, May 12 (AJP) - South Korea's top presidential policy aide floated the idea of a national "AI dividend" on Tuesday, proposing that part of the massive profits and tax windfall expected from the artificial intelligence and semiconductor boom be structurally shared with the broader public. Kim Yong-beom, policy chief to President Lee Jae Myung, argued in a social media post that the emerging
Cockpit feud poses stumbling block in final-leg race toward Dec. 17 Korean Air-Asiana merger SEOUL, May 12 (AJP) - Korean Air and Asiana Airlines are entering the final-leg race toward their Dec. 17 integration deadline, but a growing feud over cockpit hierarchy poses as a major stumbling block to a smooth merger. The Korean Air Pilots’ Union held a closed-door meeting in Seoul on Tuesday, bringing together about 200 members to discuss how pilot seniority should be managed after the merge