LG CNS introduces ERP testing solution to Japan

SEOUL, October 24 (AJP) - Korea's IT solutions provider LG CNS introduced its automated testing solution, PerfecTwin ERP (enterprise resource planning) Edition, in Japan. The company said Thursday it showcased the solution at Japan IT Week Autumn, the country's largest IT exhibition, held in Chiba from Wednesday to Friday. The solution, specifically designed for German software firm SAP SE's SAP ERP systems, utilizes actual transaction data rather than sampling to ver

October 24, 2024

SK hynix posts record quarterly earnings on AI chip boom

SEOUL, October 24 (AJP) - South Korean chipmaker SK hynix on Thursday reported its highest-ever quarterly sales and profits, driven by surging demand for artificial intelligence memory chips. The world's second-largest memory chip manufacturer said in a regulatory filing it posted 17.57 trillion won ($13 billion) in revenue for the third quarter, up 93.8 percent from a year earlier. Operating profit was 7.03 trillion won ($5.2 billion), swinging from an operating loss of 1.79

October 24, 2024

Korea's economy edges up 0.1% in third quarter

SEOUL, October 24 (AJP) - South Korea's economy grew by just 0.1 percent in the third quarter, the Bank of Korea said Thursday, falling well short of the central bank's August forecast of 0.5 percent. Korea's real gross domestic product (GDP) regained growth momentum in the July-September period after a 0.2 percent contraction in the second quarter, which followed unexpected growth of 1.3 percent in the first quarter. Exports fell 0.4 percent in the third quarter, dra

October 24, 2024

OPINION: Why more men and fewer white women say they will vote for Trump in US election

SEOUL, October 24 (AJP) - Donald Trump is leading Kamala Harris by 11 percentage points with male voters, according to a recent New York Times poll. Trump is carving out a definitive advantage with U.S. men. While Trump's core support comes from white men, he has also made notable gains with Hispanic-American and African-American men. Though Trump has repeatedly denigrated Hispanics and regularly uses anti-immigrant rhetoric, this has not been a deal breaker for the Latino commu

October 24, 2024

PHOTOS: Korea's largest robot show opens at KINTEX

SEOUL, October 24 (AJP) - Robot World 2024, Korea's largest robotics exhibition, opened Wednesday at KINTEX in Goyang, showcasing cutting-edge technologies from 291 companies and organizations. The four-day event features 880 booths, making it the largest in the show's history, with a special focus on AI-integrated intelligent robots, including humanoids and service robots for delivery and guidance. The exhibition includes export promotion programs such as business consultations an

October 24, 2024

PHOTOS: Railway workers threaten strike

SEOUL, October 23 (AJP) - The Korean Railway Workers' Union held a rally near Seoul Station on Wednesday. They threatened to strike demanding wage increases and better conditions after eight rounds of wage negotiations since July failed to yield an agreement. The union stated that about 4,000 members attended the rally, while police estimated the number at 3,500.

October 23, 2024

SK bioscience's influenza vaccine approved in Indonesia

SEOUL, October 23 (AJP) - SK bioscience, which has developed South Korea's first domestically produced COVID-19 vaccine, said Wednesday its influenza vaccine received approval from Indonesia's Food and Drug Agency. The vaccine, Skycellflu Quadrivalent Prefilled Syringe, is the first Korean vaccine to be approved in the world's fourth most populous country. The World Health Organization predicts the circulating strains of influenza for both the Northern and Southern He

October 23, 2024

LG Electronics unveils software kit for AI home robot at global conference

SEOUL, October 23 (AJP) - LG Electronics said Wednesday it released a software development kit (SDK) for its mobile AI home hub robot "Q9" at ROSCon 2024, the world's largest robotics conference in Denmark this week. The SDK allows developers to create custom applications for the robot, which was first introduced at CES earlier this year. The Q9, equipped with multimodal sensing capabilities including voice, sound, and image recognition, can move around spaces on wh

October 23, 2024

Kim Jong-un inspects missile base, citing growing US nuclear threat

SEOUL, October 23 (AJP) - North Korean leader Kim Jong-un inspected a missile base for intercontinental ballistic missiles (ICBMs), state media said on Wednesday. "The U.S. strategic nuclear means pose ever-increasing threat to the security environment of more definitely bolster its war deterrence and take a thorough and strict counteraction posture of the nuclear forces," Pyongyang's Korea Cent

October 23, 2024

CJ Olive Young expands rapidly growing live-streaming commerce

SEOUL, October 23 (AJP) - CJ Olive Young, a South Korean health and beauty retailer, is expanding its mobile live-streaming commerce business by opening a dedicated studio and offering production support for partner brands. The company said Wednesday Olive Live, its streaming platform launched in October 2019, has seen viewer numbers jump 142 percent and order value rise 33 percent in the first half of 2024 compared to the previous year. Popular programs include "Beauty Expe

October 23, 2024