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South Korea seeks tariff relief in high-level trade talks with US
South Korea's finance and trade ministers are set to hold high-level talks with their counterparts in the US' Trump administration on Thursday, aiming to ease tariff-related tensions and address broader trade concerns. Upon arriving at Washington Dulles International Airport on Tuesday (local time), Deputy Prime Minister and Finance Minister Choi Sang-mok said the talks would focus on promoting mutual understanding. "I plan to actively explain Korea's position while listening to the concerns of
April 23, 2025 -
The Asia Group launches Seoul office, citing Korea’s global strategic role
The Asia Group, a US-based strategic and investment advisory firm, launched a new office in Seoul this week to serve the growing number of high-potential clients with investment power in Korea. “Establishing a strong on-the-ground presence in Seoul underscores TAG’s long-term strategic commitment to the region,” said TAG Chairman and Co-Founder Kurt Campbell, who visited Seoul from Tuesday to Wednesday. “South Korea’s role as a global innovation leader and strategic player in Northeast Asia make
April 23, 2025 -
Who owns AI art? AI-generated Ghibli selfies spark legal debate
What began as a nostalgic craze — turning selfies into illustrations styled after Japan's much beloved Studio Ghibli — quickly went viral, drawing millions of users to ChatGPT’s new image generation feature. With a simple photo upload and a text prompt like “turn this selfie into a Ghibli-style image,” OpenAI’s GPT-4o model can transform the image into one that mimics the studio’s distinctive works within seconds, based on the vast variety of image styles it has been trained on. But behind the c
April 23, 2025 -
Samsung OLEDs top new brightness benchmark
Samsung Display said Wednesday it has become the first company in the industry to receive the prestigious certification for perceptual brightness validation from UL Solutions, a global safety science company. The True Bright certification measures the black luminance and the perceptual contrast length of displays, using the measurement method adopted as a standard by Semiconductor Equipment and Materials International. The technique was introduced earlier this year by UL Solutions. UL Solutions
April 23, 2025 -
Does your phone eavesdrop to target ads? A Samsung engineer and Korean regulators weigh in
You casually mention needing new shoes. Hours later, you’re served a sneaker ad on Instagram. Coincidence? Maybe. Creepy? Absolutely. Moments like this have fueled one of the most persistent digital-age suspicions: that your smartphone is secretly listening to your conversations to deliver eerily relevant ads. It feels too accurate to be anything else. But is that really what’s happening? According to interviews conducted by The Korea Herald with a current Samsung AI engineer, an information sec
April 23, 2025 -
S. Korea to apply AI technology in retail businesses for productivity innovation
South Korea will work to apply artificial intelligence technology in retail businesses as part of efforts to enhance the productivity of the highly competitive sector, the industry ministry said Wednesday. A new alliance of some 40 retail and AI companies was set to be launched later in the day to this end, according to the Ministry of Trade, Industry and Energy. The alliance plans to initiate 10 projects aimed at developing AI-based retail sales models, supporting the creation of 30 AI-focused
April 23, 2025 -
SK hynix completes customer validation of DDR5 memory chips
SK hynix Inc. said Wednesday its 96 gigabyte double data rate 5 memory chips have passed customer validation, marking a key step toward production readiness. The new product, known as CMM-DDR5, is a dynamic random access memory solution for data center servers. When integrated into server systems, it can process data at speeds of up to 36GB per second. Compared to earlier DDR5 modules, the new chips offer a 50 percent increase in capacity and a 30 percent improvement in bandwidth performance, ac
April 23, 2025 -
1 in cardiac arrest, another wounded in stabbing rampage in Seoul
Two people were wounded Tuesday after a man went on a stabbing rampage in Seoul, authorities said. The victims were taken to nearby hospitals after being injured in the attack at a supermarket near Seoul's Mia Station. One of them was reportedly in cardiac arrest. Police apprehended the suspect, who was reportedly wearing a hospital gown at the time of being detained, the authorities said. Other details are not immediately available.
April 22, 2025 -
Global shares mixed amid investor worries after Wall Street tumble
Global shares were trading mixed Tuesday amid global skepticism about US investments and President Donald Trump’s trade war. France's CAC 40 dipped 0.8 percent in early trading to 7,225.85, while the German DAX declined 0.4 percent to 21,119.56. Britain's FTSE 100 added 0.2 percent to 8,295.82. US futures were set to drift higher with Dow futures up 0.8 percent at 38,647.00. S&P 500 futures rose 0.9 percent to 5,231.50. Trading was cautious in Asia, where the benchmark Nikkei 225 lost 0.2 percen
April 22, 2025 -
Chinese youth delegation visits S. Korea for 1st time in 6 yrs for exchange program
A Chinese youth delegation has visited South Korea for the first time in six years as part of a bilateral exchange program, Seoul's foreign ministry said Tuesday. A 53-member delegation arrived in South Korea on Monday for a six-day stay, during which they were to participate in various cultural exchange programs in Seoul and on the southern resort island of Jeju, according to the ministry. It marks the first visit by a Chinese youth delegation since 2019, following a hiatus caused by the COVID-
April 22, 2025 -
SK Telecom systems breached in cyberattack
SK Telecom, the country’s largest telecommunication firm, confirmed Tuesday that its internal systems had been breached by a hacking attack, indicating a possible data leak involving USIM cards. The company said it had reported the case to the Korea Internet & Security Agency, adding that there have been no confirmed cases of the leaked information being misused. The mobile carrier detected suspicious activity around 11 p.m. on Saturday, indicating that hackers had infiltrated its internal syste
April 22, 2025 -
Korea, Thailand resume EPA talks to boost trade ties
South Korea and Thailand are holding their fifth round of negotiations this week to finalize the Economic Partnership Agreement aimed at deepening bilateral trade and investment ties, Seoul's Trade Ministry said Tuesday. Korea's Ministry of Trade, Industry and Energy said the talks will take place from Tuesday to Friday in Bangkok. The EPA is a form of trade pact similar to a free trade agreement, but it goes further by incorporating a broader cooperation framework in addition to tariff reductio
April 22, 2025 -
LG Electronics receives top supplier award from Toyota
LG Electronics announced Tuesday that it has been recognized by Toyota Motor for its innovation and reliable supply of high-quality automotive electronic components, strengthening its position in one of the company’s future core businesses. The company recently received the 2024 Excellent Value Improvement Award from Toyota Motor North America. The award acknowledges LG’s contribution to enhancing the competitiveness of Toyota’s North American supply chain by improving production efficiency and
April 22, 2025 -
LG to exit EV charger business amid weak demand, price pressure
LG Electronics said Tuesday it will exit the electric vehicle charger business, three years after entering the market, due to prolonged stagnation in demand and intensifying price competition. The decision is part of a strategic realignment aimed at strengthening the company’s focus on its heating, ventilation and air conditioning business, a key growth driver under its eco solutions division. "Due to structural shifts in the business environment, including a protracted demand slowdown — referre
April 22, 2025 -
LG CNS highlights how mathematical optimization solves business challenges
LG CNS, the IT solutions arm of LG Group, said Monday it had held a forum to highlight how mathematical optimization can tackle complex business challenges, inviting clients from industries including manufacturing, telecommunications, shipbuilding, logistics and chemicals. The inaugural AX Optimization Forum was held Friday at the Conrad Seoul in Yeouido, showcasing innovation cases based on mathematical optimization and exploring related technical trends. The company said the forum was the firs
April 21, 2025