LG Electronics stakes its future on premium tech, global expansion

Editor's Note: This article is the sixth installment in our series on Asia's top 100 companies, exploring the strategies, challenges, and innovations driving the region's most influential corporations. SEOUL, February 12 (AJP) - For more than a decade, LG Electronics has held its position as the world’s leading OLED television manufacturer, a distinction it has maintained for 11 consecutive years. But beyond its dominance in consumer electronics, the South Kor

February 13, 2025

PHOTOS: All-Chinese K-pop girl group debuts with 'Bubble Gum'

SEOUL, February 12 (AJP) - BLINGONE China, a K-pop girl group composed entirely of Chinese members, made its official debut on Feb. 12 at the World K-pop Center in Seoul. The group’s title track, Bubble Gum, blends energetic hip-hop dance beats with bright, synth-driven melodies, embodying the hybridized sound that has become a hallmark of the K-pop genre. With a catchy chorus and classical overture elements, the song is designed to be instantly memorable and easy to sing along to.

February 12, 2025

Schoolchild died from multiple stab wounds, autopsy reveals

SEOUL, February 12 (AJP) - An autopsy revealed that the cause of death of an 8-year-old, who was killed by a school teacher in Daejeon earlier this week, was due to multiple wounds from a sharp object, police said Wednesday. According to police, the teacher in her 40s confessed that she was searching for targets for her knife attack last Monday and ended up coaxing the girl into an extracurricular room after class, telling her she had a book for her. After the rampage, she report

February 12, 2025

Hanwha Hotels & Resorts to acquire Ourhome for 8.7 trillion won

SEOUL, February 12 (AJP) - Hanwha Hotels & Resorts announced Wednesday it will acquire a 58.62 percent stake in South Korean food service company Ourhome for 8.7 trillion won ($6.5 billion). The company said in a regulatory filing that it will initially acquire 50.62 percent of shares from major shareholders, including former Vice Chairman Koo Bon-sung and Chairwoman Koo Mi-hyun. The remaining 8 percent owned by Koo Bon-sung will be purchased through a third party, it said.

February 12, 2025

CES Insight & Innovation Awards honor top Korean innovators

SEOUL, February 12 (AJP) - The 2025 CES Insight & Innovation Awards recognized leading Korean companies that have demonstrated technological excellence and global competitiveness at CES 2025. Hosted by Aju News Corporation and its English-language news agency AJP, the event took place at the Korea Press Center in Seoul, celebrating businesses that are driving innovation across industries. This year’s awardees include Koo Ja-kwan, chairman of Samkoo INC, recognized fo

February 12, 2025

CES Insight & Innovation Awards highlights Korea's global tech competitiveness

SEOUL, February 12 (AJP) - The 2025 CES Insight & Innovation Awards, an event recognizing outstanding South Korean companies making a mark in the global market, took place on Wednesday at the Korea Press Center in Seoul. Hosted by Aju News Corporation and its English-language news agency AJP, the event aimed to shed light on innovative Korean businesses and provide insights into the latest technology trends showcased at CES 2025. The awards ceremony was accompanied by the CES

February 12, 2025

PHOTO: Korean Stone Art Museum

SEOUL, February 11 (AJP) - Korean Stone Art Museum At the entrance of the outdoor garden, Garden of Stones, in the Korean Stone Art Museum, a massive stone tiger (seokho) stands guard. Traditionally, these stone tigers served as guardian spirits, protecting royal tombs from evil spirits. Passing beyond the seokho, visitors are greeted by a row of stone scholar statues (muninseok), which were once placed at noble family tombs. These particular statues were repatriated from J

February 12, 2025

Meta in talks to acquire Korean AI chip startup Furiosa AI

SEOUL, February 12 (AJP) - Meta Platforms Inc. is engaged in discussions to acquire South Korean artificial intelligence chip startup Furiosa AI, potentially strengthening its semiconductor capabilities amid the global AI competition, sources familiar with the deal said Wednesday. Founded in 2017 by former Samsung Electronics and AMD engineer June Paik, Furiosa AI specializes in developing AI inference processors for data center servers. The Seoul-based company debuted its first

February 12, 2025

PHOTOS: A graduation in hanbok

SEOUL, February 12 (AJP) - On Feb. 11, graduates of Dongmyeong Girls’ High School in Seoul marked their commencement in traditional fashion, donning hanbok for the ceremony. The event also included a coming-of-age ritual.

February 12, 2025

Man sentenced to 7.5 years for fatal car crash in central Seoul

SEOUL, February 12 (AJP) - The Seoul Central District Court on Wednesday sentenced a man to seven and a half years in prison without forced labor for killing nine people and injuring six others after ramming his car into a pedestrian road in central Seoul last July. The 68-year-old man, surnamed Cha, caused the deadly incident by driving his vehicle in the wrong direction on a one-way, four-lane street. After colliding with two oncoming vehicles, he suddenly accelerated and plowed i

February 12, 2025