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HD Hyundai Heavy rises on Gates’ Korea visit, SMR cooperation hopes Shares of HD Hyundai Heavy Industries Co., a major South Korean heavy equipment manufacturer, rose more than 3 percent Friday morning on expectations for greater cooperation with TerraPower LLC follow

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Doosan Enerbility wins key equipment order for TerraPower SMR South Korea’s Doosan Enerbility said Friday that it has won an order from U.S. nuclear technology company TerraPower LLC to manufacture key equipment for its small modular reactor (SMR). Doosan Enerbi

Norway’s sovereign wealth fund doubles Korean stock holdings Norway’s Government Pension Fund Global (GPFG), the world’s largest sovereign wealth fund, more than doubled the value of its South Korean stock holdings in the first half of the year, lifting Korea t

Samsung retains top spot in NAND market The rapid shift in artificial intelligence (AI) workloads from training to inference is reshaping the global NAND flash market, with enterprise solid-state drives (eSSDs) accounting for an increasingl

Samsung expands HVAC production in India to meet AI data center demand South Korean tech giant Samsung Electronics Co. is expanding its heating, ventilation and air conditioning (HVAC) production capacity in India, as demand for precision cooling surges with the prolifer

SK appoints Yoon Poong-young to lead SK hynix global growth task force SK Group has appointed Yoon Poong-young, president of SK Supex Council, to head SK hynix’s Global Growth Task Force (TF), reinforcing its efforts to accelerate the chipmaker’s global expansion and AI-

Korea Investment wins preferred bidder status for KDB Life Korea Development Bank (KDB) has selected Korea Investment Holdings as the preferred bidder for KDB Life Insurance, paving the way for the financial group to complete its portfolio with its first life

Samsung SDS expands government AI push with collaboration platform Samsung SDS Co., the information technology (IT) service unit of South Korea’s Samsung Group, is expanding its public-sector artificial intelligence transformation (AX) business by supplying its gener

Hyundai Rotem, KAI join forces to develop long-range air-to-air missile South Korea’s Hyundai Rotem Co. and Korea Aerospace Industries Ltd. (KAI) will collaborate to localize aircraft weapons technologies, including long-range air-to-air missiles slated for deployment on

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Updated : 04 Dec 1:01pm

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Biz

· Hyundai Rotem, KAI join forces to develop long-range air-to-air missile

· Samsung expands HVAC production in India to meet AI data center demand

Bio&Tech

· Samsung retains top spot in NAND market

· Samsung SDS expands government AI push with collaboration platform

Market

· Department store stocks tumble as luxury spending outlook weakens

· NTS launches special tax probe into KB Kookmin Bank

Economy

· Gov’t to supply 3GW of power to Honam semiconductor fabs

· China’s JD.com to directly purchase Korean products

Seoul

· Korea eyes 30mn foreign tourists by 2028

· KAIST president vows to train ‘AI warriors’ with strong fundamentals

Opinion

· Korea’s local cash handouts are no substitute for sound fiscal policy

· Gov’t must reach consensus on deregulation to stay ahead in technology