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  • Heungkuk Securities Raises Hyundai Mobis Target on Electronics, Robotics Shift
    Heungkuk Securities Raises Hyundai Mobis Target on Electronics, Robotics Shift Heungkuk Securities said Wednesday that Hyundai Mobis’ fourth-quarter results met market expectations and that recovering tariff-related costs has reduced uncertainty, while its business shift toward automotive electronics and robotics continues. The brokerage raised its target price to 540,000 won from 500,000 won and kept its “buy” rating. Hyundai Mobis posted fourth-quarter revenue of 15.4 trillion won and operating profit of 930.5 billion won. Revenue rose 4.7% from a year earlier, w January 29, 2026
  • Samsung defends record results for 2025, but falls behind local rival in chip profitability
    Samsung defends record results for 2025, but falls behind local rival in chip profitability *Updated with additional earnings details and stock quote SEOUL, January 29 (AJP)-Samsung Electronics, South Korea's No. 1 tech behemoth, raked in strong operating income and record sales in the final quarter and full year of 2025, but fell short of expectations and in the memory race versus local rival SK hynix, which shifted faster toward an AI-centric architecture and client base. According to its finalized results disclosed Thursday, for the quarter ended December the com January 29, 2026
  • Hanwha Investment Keeps Hold on LG H&H, Cuts Target Price to 230,000 Won
    Hanwha Investment Keeps Hold on LG H&H, Cuts Target Price to 230,000 Won Hanwha Investment & Securities on Wednesday advised a cautious approach to LG Household & Health Care until its sales decline reverses, keeping its “hold” rating. It cut its target price to 230,000 won from 300,000 won. Analyst Han Yu Jeong said the company’s consolidated operating profit for the fourth quarter of 2025 was minus 72.7 billion won, far below the consensus estimate of 4.2 billion won, citing weakness across its Beauty, HDB and Refreshment divisions. On news of LG H& January 29, 2026
  • KAIST researchers develop high-efficiency red micro-LED for realistic virtual reality displays
    KAIST researchers develop high-efficiency red micro-LED for realistic virtual reality displays SEOUL, January 29 (AJP) - Researchers have overcome a major technical hurdle in micro-LED technology by developing a high-efficiency red micro-LED that enables ultra-high-resolution imagery for virtual and augmented reality devices. The new technology significantly improves power efficiency and achieves a pixel density of 1,700 pixels per inch, bringing wearable displays closer to mimicking real-world visual clarity. The Korea Advanced Institute of Science and Technology (KAIST) a January 29, 2026
  • Hanwha Aerospace seeks Chunmoo rocket launcher deal in Norway
    Hanwha Aerospace seeks Chunmoo rocket launcher deal in Norway SEOUL, January 29 (AJP) - Hanwha Aerospace is emerging as a key contender to supply multiple rocket launchers to Norway, as the Nordic country moves ahead with a roughly $2 billion long-range artillery procurement. Norway’s parliament has given final approval to a plan to acquire a long-range artillery system, local media reported on Wednesday. The proposed deal is estimated to include 16 Chunmoo multiple rocket launchers along with related equipment. Industry officials January 29, 2026
  • Riboncar Says Certified Used-Car Sales Rose 41% in 2025, Led by Hyundai Grandeur
    Riboncar Says Certified Used-Car Sales Rose 41% in 2025, Led by Hyundai Grandeur Riboncar said Thursday that its sales last year rose 41% from the previous year. As sales expanded for key segments such as sport utility vehicles and mini cars, the company said buyers increasingly weighed overall value and practicality for the vehicle class, not just price, when purchasing used cars. The most-selected company-run certified used car among Riboncar customers was Hyundai Motor Co.’s Grandeur. The Grandeur, a leading large sedan in South Korea, is seen as offering proven qu January 29, 2026
  • Nexon to Refund All Purchases for MapleStory Idle After Ability Odds Error
    Nexon to Refund All Purchases for MapleStory Idle After Ability Odds Error Nexon has decided to refund in full all money users spent in the idle game “MapleStory Idle” following a dispute over ability-related probability settings. The company said it is the first time in Nexon’s game-service history that it has moved from a CEO apology to compensation and a full refund over an operations controversy. In a notice posted Tuesday, Nexon said it committed a “serious mistake” by fixing an error that had a “critical impact” on gameplay without notifying users. “Taking January 29, 2026
  • NC AI Unveils Beta of Varco Sound, an AI Audio Generation Service
    NC AI Unveils Beta of Varco Sound, an AI Audio Generation Service NC AI, an artificial intelligence company, said Wednesday it has released a beta version of Varco Sound, a sound-generation AI service designed to create multiple sounds needed for a single scene at once and allow users to split the output by element for editing. Varco Sound accepts images and video as well as text. Users can describe a situation in a sentence — such as “water droplets in a dark cave” — or upload a forest photo or battle footage, and the service analyzes the scene’s conte January 29, 2026
  • Air Busan to Add Four Seasonal Charter Routes Ahead of Summer Peak
    Air Busan to Add Four Seasonal Charter Routes Ahead of Summer Peak Air Busan is expanding its flight offerings with four seasonal charter routes ahead of the summer peak travel season. The airline said Wednesday it will operate charter flights for the 2026 summer season on two routes from Busan — Shizuoka and Takamatsu — and two from Incheon — Hong Kong and Chiang Mai. Air Busan said the added flights are aimed at giving passengers more choices, expanding service from Busan to smaller Japanese cities and launching new routes from Incheon. Flights from B January 29, 2026
  • Samsung Electronics posts record Q4 revenue of 93.8 trillion won, operating profit 20.1 trillion
    Samsung Electronics posts record Q4 revenue of 93.8 trillion won, operating profit 20.1 trillion Samsung Electronics said a boom in its memory business drove record quarterly results in the fourth quarter of 2025, with consolidated revenue of 93.8 trillion won and operating profit of 20.1 trillion won. It said the quarter marked the first time a South Korean company has posted more than 20 trillion won in operating profit in a single quarter. In an earnings filing on Wednesday, Samsung reported fourth-quarter consolidated revenue of 93.8374 trillion won and operating profit of 20.073 January 29, 2026