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Saturday, April 19, 2025

BUSINESS

U.S. to extend wavier for S. Korean firms from chips export curbs on China: industry chief

The United States is expected to extend a one-year waiver for South Korean chipmakers from its restrictions on sending semiconductor-related tools to China "for...

Kakao to launch AI chatbot service targeting businesses

Kakao has thrown down the gauntlet in the enterprise-grade generative artificial intelligence market as it aims to tap into the growing demand for ChatGPT-like...

Third launch of Nuri rocket slated for May 24

Korea’s domestically developed "Nuri" rocket will take off in two and a half weeks for its third launch, this time with an actual “commercial-grade...

Samyang Foods eyes Buldak sauces as next money makers

Samyang Foods, well known for its popular Buldak Ramen products, will concentrate on its Buldak Sauce business to grow its worth to 100 billion...

U.S. chip production is expensive, Korean chipmakers find

Korean chipmakers are facing a multitude of challenges in building and expanding capacity in the United States, after committing billions of dollars to the...

Korea eyes stronger ties with U.S. in chip industry

The government will take follow-up measures to make full use of President Yoon Suk Yeol's recent visit to the United States and solidify the...

Hyundai, Kia want consumer class claims dismissed

Hyundai and Kia Motors have asked the California federal judge to dismiss the consolidated consumer class claims filed by victims of car theft. On May...

Samsung Electronics promises memory-based supercomputer by 2028

Samsung Electronics will develop its own supercomputer by the end of 2028. "Samsung Electronics aims to develop a memory-based supercomputer by 2028," Kyung Kye-hyun, CEO...

BLACKPINK-emblazoned Korean Air jet to promote Busan Expo bid

A Korean Air jet emblazoned with an image of K-pop girl group BLACKPINK will help promote South Korea's bid to host the 2030 World...

W+K opens in Seoul to ride the K-wave

Wieden+Kennedy, an advertising agency best known for creating Nike's "Just Do It" tagline, is just doing it in Korea, with the aim of tapping...