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Thursday, July 3, 2025

KOREA

Samsung unveils SmartThings Station with interoperability capabilities

Samsung Electronics' SmartThings Station device controller introduced Wednesday Samsung Electronics introduced SmartThings Station, a smart home device controller with built-in Matter support,...

Hyundai’s U.S. unit Supernal and Microsoft to develop air mobility solutions

Hyundai Motor Group said Wednesday its wholly owned U.S. unit Supernal will collaborate with Microsoft to develop advanced air mobility (AAM) solutions. Supernal will utilize...

Yoon and Biden get nuclear exercise signals tangled

Seoul and Washington officials said they are not planning to hold "joint nuclear exercises" Tuesday, after contradictory remarks from the countries' leaders. But they confirmed...

Hyundai Motor, Kia vow to release Level 3 autonomous driving technology within the year

Hyundai Motor and Kia plan to release vehicles with Level 3 autonomous driving technology this year, according to a statement by Hyundai Motor in...

Tesla fined in Korea for false advertising, violating e-commerce laws

Tesla was fined more than $2 million by the Fair Trade Commission (FTC) for false advertising and for violating e-commerce laws. The company made false...

IRA subsidy will extend to buyers of non-U.S. commercial EVs

Buyers of commercial electric vehicles (EVs) in the United States will be able to apply for tax incentives even if those vehicles are not...

Former NIS chief, ex-defense minister indicted for deleting evidence in fisheries case

Prosecutors indicted without detention Thursday former National Intelligence Service (NIS) chief Park Ji-won, former Defense Minister Suh Wook, and a former NIS staffer for...

Korean student in Germany assaulted by two men in apparent hate crime

A Korean student studying in Germany was assaulted by two men in an apparent Asian hate crime. The two men made racist comments to the...

Top 10 business stories of the year in Korea 2022

1. U.S. IRA impacting Korea Inc. The Inflation Reduction Act (IRA) was passed in August, directly threatening local car manufacturers and battery makers, which have...

Government-backed research team develops world’s first ‘electronic skin’

A government-backed research team developed the world’s first “electronic skin,” the science ministry said Thursday. The research, supported by the Ministry of Science and ICT,...