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Saturday, August 9, 2025

KOREA

Korea to take part in U.S.-led space training event this month

The Air Force and Korean space experts will join the U.S.-led multinational space training event Global Sentinel this month, the Air Force announced on...

Samsung chairman Lee Jae-yong acquitted in controversial merger case

  The Seoul Central District Court on Monday acquitted Lee Jae-yong, chairman of Samsung Electronics Co., on charges of breach of trust and accounting fraud...

SK hynix to build AI-boosting chip factory in Indiana: Report

Korean chipmaker SK hynix, a key memory chip supplier to Nvidia, will reportedly build an advanced chip packaging factory in Indiana as it looks...

Kim Jong-un instructs North Korea’s navy to prepare for war

North Korean leader Kim Jong-un called on the country's navy to be ready for “war preparations at present” at a shipyard on Friday as...

Top U.S. economic envoy expresses understanding of IRA fears

Washington is well aware of the concerns of Korean companies regarding the Inflation Reduction Act (IRA) and is communicating closely with stakeholders in Seoul,...

Chip industry faces bleak future as young talent turns to medicine

Korean chip companies, grappling with an existing shortage of workers, anticipate more severe labor challenges in the upcoming years, as a strong preference for...

North Korea says it conducted ‘strategic’ cruise missile drill

North Korean state media reported Wednesday that the regime had conducted a drill involving Hwasal-2 cruise missiles the previous day to enhance its counterattack...

U.S. Chamber of Commerce slams South Korea’s antitrust regulations

  The U.S. Chamber of Commerce raised red flags against Korea’s latest moves to beef up antitrust regulations on Big Tech companies, which could impact...

North Korea launches third salvo of ‘strategic’ cruise missiles in a week

North Korea fired multiple cruise missiles from its western coast on Tuesday, the South Korean military said, marking the third such salvo launched by...

Korea’s status as China’s import partner drops to 30-year low

Korea's status as China's import partner dropped to its lowest level in 30 years as Beijing moved to indigenize the production of chips and...