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Sunday, September 7, 2025

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Automative chips in spotlight as EV popularity booms

Electric vehicles' popularity will continue to boost demand and increase prices for automotive chips, as EVs are equipped with more chips than diesel cars. Market...

Draining chip demand encourages SK hynix to sell water facilities

SK hynix plans to sell off its water treatment facilities to secure an estimated 1 trillion won ($766 million) in the face of deteriorating...

Number of ‘ghost baby’ cases in Korea rise to nearly 1,000

Police are investigating nearly 1,000 unregistered babies, or “ghost babies” in the country. The National Police Agency on Monday said it received a total of...

Nuclear Consultative Group to hold first meeting on July 18

A bilateral consultative body created to bolster nuclear deterrence against threats from North Korea will hold its inaugural meeting in Seoul on July 18. The...

Samsung’s quarterly profit dives to 14-year low on chip glut

Samsung Electronics is expected to post its worst quarterly operating profit in 14 years in April-June period as a chip glut continues amid sluggish...

LG Energy inks massive lithium supply deal

LG Energy Solution has signed a massive lithium supply deal with a Chilean company, the battery maker said Friday. With the signing of the agreement,...

Gov’t of Korea receives more than 300 private academy complaints

More than 300 cases highlighting irregularities at private education businesses have been reported to the government in the past two weeks after President Yoon...

Japan’s Fukushima water release plan meets international standards, Korea says

Japan's plan to release treated radioactive wastewater from the Fukushima nuclear plant would meet international standards if carried out as planned, the government said. The...

2023 World Korean Business Convention: A milestone event for overseas Koreans

The opening of the 2023 World Korean Business Convention (WKBC), a festival and expo event for ethnic Koreans around the world, is just three...

Incentive deal puts LG’s Canada battery plant on track

A battery manufacturing joint venture between LG Energy Solution and Stellantis will receive state incentives from the Canadian government equivalent to what the U.S....