SK hynix unveils world’s highest 321-layer NAND chips

South Korean chipmaker SK hynix said Thursday it had developed a universal flash storage chip integrating the world’s highest 321-layer 1 terabit NAND flash technology, providing enhanced speed and power efficiency for mobile devices with on-device AI. The UFS 4.1 product was developed in response to growing demand for NAND solutions that combine high performance with low power consumption to support reliable operation of AI-powered mobile devices, the company explained. “Through UFS 4.1, which

May 22, 2025

From AI to labor: Where presidential hopefuls stand on key economic issues

With less than two weeks remaining until the June 3 presidential election, major candidates have identified economic growth, artificial intelligence, and energy strategy as key campaign issues. But while Lee Jae-myung of the liberal Democratic Party, Kim Moon-soo of the conservative People Power Party and Lee Jun-seok of the minor conservative New Reform Party, share these priorities, their proposals reflect broader ideological differences. The Korea Herald has taken a closer look at their campa

May 21, 2025

LG steps up HVAC push with Global South focus

LG Electronics said Tuesday it is hosting a summit on heating, ventilation and air conditioning, in line with its latest push to expand business in the fast-growing Global South region. The LG HVAC Leaders’ Summit 2025 kicked off Monday for a four-day run in Korea, inviting consultants from seven Asian countries, including India, Vietnam, the Philippines and Indonesia. The summit focuses on the latest trends in the HVAC industry, while showcasing the company’s lineup of system air conditioners,

May 20, 2025

Korean firms key to US industrial strength, says trade association chief in Washington

Korean companies are playing a vital role in the US, according to Korea International Trade Association Chair Yoon Jin-sik, who described the country as a “force multiplier” for US economic security and a key to revitalizing strategic industries. The remarks were made during Yoon’s visit to the US from Monday to Thursday, where he led a business delegation of executives from seven Korean companies operating in the US — including Meta Biomed, Exicon, Iljin Group, Jusung Engineering, Doosan Group,

May 15, 2025

SK Telecom completes USIM protection service for all users

SK Telecom said Wednesday that all 25 million of its users have signed up for the company's USIM Protection Service following a major data breach, including those using international roaming. “Since the USIM protection service for overseas users began on May 12, we have completed the enrollment of all users by this morning. Essentially, all customers have now been covered,” said Ryu Jung-hwan, head of the network infrastructure center at SK Telecom, during a press briefing on Wednesday. The comp

May 14, 2025

Naver D2SF eyes US market to support startups' global ambition

The corporate venture capital arm of Korean tech giant Naver, D2SF, seeks to expand its presence in the US market to help promising domestic tech startups break into global arenas. In marking the center's 10th year since its establishment, Naver D2SF shared its broader vision to expand its US footprint that requires significant investment and access to larger markets to support startups' growth beyond domestic confines — especially at a time when competition in AI and other advanced technology i

May 13, 2025

Work-life balance or economic risk? Korea debates 4.5-day workweek ahead of election

A bold proposal for a 4.5-day workweek is shaking up the campaign trail as South Korea heads toward an early presidential election on June 3. The pledge is drawing praise from labor advocates and pushback from business sectors, while questions linger over whether such reform is feasible in a country known for some of the longest working hours in the world. Both the liberal Democratic Party of Korea and the conservative People Power Party have offered versions of a shorter workweek in their campa

May 13, 2025

US top trade negotiator Greer to visit South Korea this week

The US Trump administration's top trade negotiator, Jamieson Greer, is set to visit South Korea this week for the first time since taking office, raising expectations of progress as tariff talks between the two countries are underway. Greer, the US Trade Representative, is scheduled to arrive here on Thursday for a two-day visit to attend the Asia-Pacific Economic Cooperation trade ministers meeting to be held on the southern Jeju Island, according to government officials on Sunday. During his v

May 11, 2025

LG expands India footprint with new $600m plant

LG Electronics broke ground on its third home appliance plant in India on Thursday, investing $600 million as part of a broader push to strengthen its presence in one of the world’s fastest-growing consumer markets. The new plant, located in Sri City, a special economic zone in the southern state of Andhra Pradesh, follows the Korean tech giant’s existing factories in the northern city of Noida and in the southern city of Pune. With the new facility, LG seeks to bolster its production capacity t

May 8, 2025

SK chief apologizes over SK Telecom data leak

SK Group Chairman Chey Tae-won apologized on Wednesday for a recent hacking incident at SK Telecom that led to a massive data leak, pledging to bolster cybersecurity across the conglomerate’s affiliates. Chey’s apology came 19 days after the country’s largest mobile carrier with 25 million subscribers -- nearly half of Korea’s population -- disclosed that it had suffered a cyberattack and subsequent data breach of customers’ USIM data on April 18. The data breach, caused by a malware attack insi

May 7, 2025