SEOUL, Dec. 4 (Korea Bizwire) — South Korea’s two largest chipmakers, Samsung Electronics and SK Hynix, have completed preparations to supply Nvidia with next-generation high-bandwidth memory (HBM4), positioning themselves for what is expected to be a pivotal year in the fast-expanding AI memory market. Samsung recently finished its final performance review — known as PRA — [...]
SEOUL, Dec. 4 (Korea Bizwire) — South Korean authorities have concluded that artificial intelligence systems that train on entire news articles or textbooks without permission are infringing copyright, marking the government’s strongest stance yet on data use in the AI era. At a public briefing on Thursday, the Ministry of Culture, Sports and Tourism and the [...]
SEOUL, Dec. 4 (Korea Bizwire) — South Korea’s Consumer Agency on Thursday advised shoppers to closely check portability, processing speed and other core performance indicators before purchasing a laptop, after releasing comparative test results on five popular models launched this year. According to the agency, LG Electronics’ 16Z90TS model was the lightest among those tested, with [...]
SEOUL, Dec. 4 (Korea Bizwire) — South Korea’s unification minister publicly criticized the United Nations Command (UNC) on Wednesday, revealing that it had recently barred a senior presidential security aide from entering the Demilitarized Zone (DMZ), reviving long-standing tensions over the scope of the UNC’s authority. Speaking at a National Assembly hearing on legislation to expand [...]
SEOUL, Dec. 4 (Korea Bizwire) — A major apartment complex in eastern Seoul is facing mounting criticism after unilaterally banning nonresidents from nearly all areas of its property and warning of fines of up to 200,000 won (about $150) for violations. According to the real estate industry on Wednesday, the management of Godeok Arteon, a [...]
SEOUL, Dec. 4 (Korea Bizwire) — South Korea’s stock market has endured a stretch of whiplash in recent weeks, but low-volatility and high-dividend investment products have emerged as rare winners amid the turbulence. According to data released Wednesday by the Korea Exchange, the TIGER Low Volatility ETF rose 7.1 percent from Nov. 3 to Dec. [...]
SEOUL, Dec. 4 (Korea Bizwire) — South Korea’s major business lobby warned that companies may face nearly 27 trillion won (US$20.4 billion) in carbon-credit purchasing costs over the next five years under the government’s newly announced emissions trading allocation plan. The climate ministry swiftly rejected the estimate, calling it an exaggerated projection based on flawed assumptions. [...]
SEOUL, Dec. 4 (Korea Bizwire) — Amid heightened foreign-exchange volatility this year, South Korea’s major banks have taken markedly different approaches to managing currency risk, newly released filings show. According to third-quarter disclosures from the country’s four largest lenders — KB Kookmin, Shinhan, Hana and Woori — all maintained “long” positions in foreign currency, meaning they [...]
President Lee Jae-myung on Dec. 3, marking the first anniversary of the martial-law crisis, declared, “We will complete the Revolution of Light and build a true nation of popular sovereignty.” In a special national address titled “First Anniversary of the Revolution of Light” delivered at the presidential office in Yongsan that morning, Lee said, “I [...]
SEOUL, Dec. 3 (Korea Bizwire) — President Lee Jae-myung on Wednesday marked the first anniversary of the failed Dec. 3 coup attempt by declaring that the South Korean people “have every right to receive the Nobel Peace Prize” for defending democracy against an illegal military intervention. In a nationally televised address titled “First Anniversary of [...]