SEOUL, July 04 (AJP) - Hyundai Steel has signed a Strategic Framework Agreement (SFA) with Amazon Web Services (AWS) to drive digital transformation and expand its presence as a global digital steelmaker. The agreement was formalized on July 1 (local time) at AWS headquarters in Seattle, inside The Spheres. The two companies plan to cooperate in two main areas: introducing AWS’s cloud infrastructure to Hyundai Steel’s domestic production sites to accelerate digital tra

SEOUL, July 3 (AJP) - South Korean financial regulators have summoned Bang Si-hyuk, the founder and chairman of HYBE, for questioning over allegations of fraudulent trading practices linked to the firm's initial public offering. Bang, the influential music executive who oversaw HYBE’s transformation into a global entertainment powerhouse, appeared before the Financial Supervisory Service (FSS) late last month to address accusations that he misled investors in the run-up to

SEOUL, July 03 (AJP) - Dataiku, a French artificial intelligence platform company, unveiled its strategy to support South Korean businesses in adopting AI and accelerating digital transformation, during a press briefing in Seoul on Thursday. The company emphasized its growing partnerships with major Korean firms such as LG Chem and Nepes, highlighting its integrated platform’s flexibility and enterprise-grade security. The firm's co-founder and Chief Technology Office

SEOUL, July 03 (AJP) - South Korean manufacturers of power infrastructure equipment are accelerating their push into European markets, seizing on surging demand for data center power systems and aging grid replacement across the continent. The expansion comes amid growing European concerns over energy security and infrastructure resilience. A series of recent power disruptions — including major blackouts in Spain and Portugal in April — coupled with intensifying summer

SEOUL, July 03 (AJP) - LG Electronics is undergoing one of the most ambitious transformations in its corporate history, shifting its focus away from traditional consumer hardware toward emerging technologies like artificial intelligence, robotics, and business-to-business solutions. Now in his fourth year at the helm, CEO William Cho — also known by his Korean name, Cho Joo-wan — is steering LG with a long-term vision centered on “structural competitiveness,&rdqu

SEOUL, July 3 (AJP) - A group of 43 House Republicans is urging the Trump administration to confront South Korea over a proposed law regulating online platforms, warning that the measure could become a flashpoint in ongoing trade talks between the two countries. In a letter sent to U.S. Trade Representative Jamieson Greer, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, the lawmakers called the proposed regulation a discriminatory barrier that unfairly target

SEOUL, July 03 (AJP) - E-commerce platform Coupang has entered the competitive cloud services arena with the launch of Coupang Intelligent Cloud, or CIC, a rebranded version of the company’s internal artificial intelligence computing infrastructure. The move signals Coupang’s ambitions to expand beyond retail and logistics by positioning itself as a serious player in South Korea’s rapidly growing cloud service sector — a space long dominated by global heavy

SEOUL, July 3 (AJP) - South Korea and China held a new round of bilateral supply chain talks in Seoul on Thursday, as the two countries grapple with growing disruptions stemming from Beijing’s tightening export controls on key industrial materials. The meeting brought together senior officials including Kim Jong-chul, director-general for international trade relations at South Korea’s Ministry of Trade, Industry and Energy, and Wang Liping, his counterpart from China&rsq

Editor's Note: This article is the 25th installment in our series on Asia's top 100 companies, exploring the strategies, challenges, and innovations driving the region's most influential corporations. SEOUL, July 2 (AJP) - As South Korea’s construction industry struggles with a prolonged downturn, KCC Group, once a stalwart of the sector, is reinventing itself through a bold pivot toward advanced semiconductor materials and high-tech defense applications — an