Latest news
-
HHI qualified to bid for US naval vessel maintenance projects
SEOUL, July 11 (AJU PRESS) - HD Hyundai Heavy Industries (HHI) has become the first Korean company authorized to bid on the U.S. Navy's ship maintenance, repair, and overhaul (MRO) projects. The world’s largest shipbuilder said Thursday it has recently signed a Master Ship Repair Agreement (MSRA) with the U.S. Navy Supply Systems Command. With the agreement, the Korean firm has secured qualification to participate in MRO project bids for support vessels of the U.S. Militar
July 11, 2024 -
PHOTOS: Trendy hub vs. old shantytown: Jongno transformation highlights Seoul's social inequalities
SEOUL, July 11 (AJU PRESS) - In the heart of Seoul, Jongno 3-ga offers a sobering reminder of Korea's rapid social changes and enduring inequalities. The neighborhood, long known as a gathering place for the elderly, has evolved into a vibrant district that draws visitors of all ages. Trendy shops and bustling pocha (traditional Korean pubs) line the streets, transforming the area into a hotspot for young professionals and tourists alike. However, the district's newfound populari
July 11, 2024 -
NewJeans to promote tourism to Korea
SEOUL, July 11 (AJU PRESS) - K-pop girl band NewJeans will promote Korea overseas, the Korea Tourism Organization said Thursday. The five members of the band were appointed as promotional ambassadors for Korean tourism at an event held at Grand Hyatt Seoul in the capital. At the event which drew a huge crowd eager to catch a glimpse of their favorite stars, the KTO also unveiled a video clip featuring them, aimed at promoting tourism to Korea. It hopes to capitalize on their burg
July 11, 2024 -
SK to host AI, chip talent at annual US forum
SEOUL, July 11 (AJU PRESS) - SK Group of South Korea plans to hold its annual SK Global Forum in San Jose, California, from July 12-14, bringing together talent from the semiconductor and AI sectors to discuss growth strategies and industry trends, SK hynix said Thursday. The chipmaker will jointly host the event, running since 2012, with holding company SK Innovation and telecom carrier SK Telecom. This year's forum expands its invitees to include both professionals and do
July 11, 2024 -
Samsung Electronics unveils new AI-powered Galaxy wearables in Paris
SEOUL, July 11 (AJU PRESS) - Samsung Electronics unveiled three new wearable devices at the Galaxy Unpacked 2024 event in Paris on Tuesday, expanding Galaxy AI capabilities to wearables and offering advanced health monitoring solutions. The lineup includes the Galaxy Ring, Galaxy Watch7 and Galaxy Watch Ultra. The Galaxy Ring, Samsung's smallest wearable, provides 24/7 health tracking with a comfortable design and up to seven-day battery life. It focuses on sleep analysis and
July 11, 2024 -
VISUALS: Aidin Robotics presents AI-driven touch-sensitive technology
SEOUL, July 11 (AJU PRESS) - Aidin Robotics from Korea demonstrated AI-driven technology with human-like strength and touch sensitivity. This innovation is aimed at helping human workers avoid unnecessary accidents and improve work efficiency, according to Aidin CEO Lee Yun-haeng on Tuesday. Aidin's main products include sensors capable of measuring force. Integrated into robotic grippers, these sensors measure and control the force to ensure safe handling of objects. Th
July 11, 2024 -
Geopolitical tensions propel earnings of Korean defense companies
SEOUL, July 11 (AJU PRESS) - Korean defense companies are expected to have more than doubled their operating profits in the second quarter, as exports sharply increased amid global geopolitical tensions and Europe's defense buildup, analysts said. Combined sales of five domestic defense contractors -- Hanwha Aerospace, Poongsan, Hyundai Rotem, Korea Aerospace Industries (KAI), and LIG Nex1 -- are estimated to grow 25.5 percent year-on-year to 6.4 trillion won ($4.6 billion) in t
July 11, 2024 -
Yoon, Kishida voice concerns over N. Korea-Russia military ties at NATO summit
SEOUL, July 11 (AJU PRESS) - South Korean President Yoon Suk Yeol met with Japanese Prime Minister Fumio Kishida on the sidelines of the NATO summit in Washington on Wednesday (local time) to discuss North Korea's growing military ties with Russia. Korea was invited to the summit as one of four Indo Pacific partners, dubbed IP4, along with Australia, Japan and New Zealand. Yoon's meeting with Kishida came about a month after Russian President Vladimir Putin visited Pyongy
July 11, 2024 -
Sipping in style: Tumbler craze sweeps Korea with fashion, function, environmental impact
SEOUL, July 11 (AJU PRESS) - From the bustling streets of Seoul to sun-drenched parks and air-conditioned offices, it is increasingly common to see Koreans carrying sleek, colorful tumblers. The newfound popularity of insulated beverage containers is fueling a burgeoning cultural phenomenon, transforming once run-of-the-mill cups into fashion accessories, environmental statements and even status symbols. Yena Park, a Pilates instructor in her 20s, is one of the most fervent aficion
July 11, 2024 -
Elderly drivers not more prone to sudden acceleration incidents, study reveals
SEOUL, July 10 (AJU PRESS) - Contrary to common belief, aged drivers are not more prone to unintended acceleration, also known as sudden unexpected acceleration (SUA), according to a new report. The report, submitted Wednesday by the main opposition Democratic Party’s lawmaker Ahn Tae-joon, analyzed car accidents between 2014 and June this year based on data from the Korea Transport Safety. It revealed there were 456 accidents suspected to involve SUA, and among them, drivers&
July 11, 2024
-
Lee Jae-myung meets bank CEOs, calls for increased support for small businesses
-
Major Korean banks to shed over 2,000 jobs through early retirement programs
-
Trump's policy shift poses challenges for Korean industries
-
Far-right YouTubers blamed for last week's violent court intrusion in Seoul
-
OPINION: How Korea can emerge from uncertainty to discover a brighter future
-
BOK cuts 2025 growth forecast, citing negative impact from martial law
-
Trump calls North Korea 'nuclear power'
-
Hyundai Motor's three EVs lose US tax credits
-
Yoon appears for hearing in impeachment trial
-
As Trump takes office, uncertainty looms for South Korea amid power vacuum