SEOUL, Feb. 13 (Korea Bizwire) — As South Korean semiconductor manufacturers pivot toward high-bandwidth memory (HBM) chips in the artificial intelligence era, they face mounting uncertainties from aggressive Chinese competition and potential tariffs threatened by U.S. President Donald Trump. While analysts suggest that tariff impacts may be limited given the relatively small share of semiconductor exports [...]
WASHINGTON, Feb. 12 (Korea Bizwire) – The United States is in talks with other countries on “reciprocal” tariffs, a White House official was quoted as saying on Wednesday, as President Donald Trump is pushing for tariffs on U.S. imports to match what other trading partners impose on U.S. exports. Kevin Hassett, director of the National [...]
SEOUL, Feb. 12 (Korea Bizwire) — In a revealing test of China’s latest artificial intelligence chatbot, DeepSeek has drawn criticism for its inconsistent and politically charged responses to sensitive questions about historical and territorial disputes in East Asia. The AI, which garnered attention last month for reportedly outperforming ChatGPT in certain capabilities, responded to queries about [...]
SEOUL, Feb. 11 (Korea Bizwire) – The newly established South Korean Embassy in Havana, Cuba, has launched its website as it has begun its activities in earnest, pledging to expand consular services and seek bilateral cooperation with the host country. South Korea opened its embassy in Cuba last month, a year after the two countries [...]
SEOUL, Feb. 4 (Korea Bizwire) — South Korea’s economic outlook is growing increasingly uncertain as global trade tensions intensify, raising concerns that the country’s real GDP growth rate could fall to the mid-1% range this year. Compounding the risks of domestic political instability, the latest wave of U.S. tariff hikes on key trading partners has further [...]
MEXICO CITY, Feb. 4 (Korea Bizwire) — South Korean companies operating in Mexico have expressed cautious relief after the U.S. and Mexican governments agreed to postpone a planned 25% tariff on Mexican exports for one month. However, with the tariff still looming as a possibility, businesses remain on high alert, preparing for potential disruptions. Kia Mexico, a [...]
SEOUL, Feb. 3 (Korea Bizwire) — The South Korean auto industry is bracing for significant disruptions after U.S. President Donald Trump announced new universal tariffs on the country’s largest trading partners, including Canada, Mexico, and China. The move is expected to have immediate financial implications for South Korean automakers and suppliers, particularly those that have [...]
SEOUL, Feb. 2 (Korea Bizwire) — The Navy has launched a new fleet command that will operate multiple destroyers, including those equipped with Aegis combat systems, in efforts to better respond to North Korea’s military threats at sea, officials said Sunday. “The Republic of Korea Navy Task Fleet Command, a core unit of the maritime [...]
SEOUL, Jan. 31 (Korea Bizwire) — South Korea’s heritage authorities announced Friday that a section of the visitor facilities at Cambodia’s Angkor Wat heritage site has reopened following renovations using Korean technology. South Korea has been working with Cambodia on the restoration and preservation of Angkor Wat since 2024, providing technical expertise and support to [...]
WASHINGTON, Jan. 29 (Korea Bizwire) — U.S. President Donald Trump will pursue the “complete denuclearization of North Korea,” a White House official said Tuesday, amid questions over whether Trump’s recent reference to the North as a “nuclear power” signaled any policy shift. National Security Council spokesperson Brian Hughes made the remarks shortly after the North’s [...]