South Korea – The paper fuel business magazine uk

27Feb

Hyundai Motor Group to invest $6.3 bln in AI data centre, robot factory in South Korea

Hyundai Motor Group and South Korea on Friday signed a deal to invest about 9 trillion won ($6.26 billion) to build an AI data centre, a robot manufacturing factory and…

11Feb

South Korea orders Coupang to fix security flaws after massive data leak

South Korean authorities said on Tuesday that e-commerce giant Coupang needs to fix vulnerabilities in its security systems that they blamed for causing a massive data leak at the company.…

09Feb

South Korea flags crypto risks after Bithumb’s $40B Bitcoin giveaway blunder

South Korea's financial market watchdog said on Monday local exchange Bithumb's unintentional giveaway of more than $40 billion in bitcoin to customers raises the need for tougher regulations to address…

19Jan

South Korea seeks U.S. tariff relief on memory chips

Seoul: South Korea will seek favourable terms for U.S. tariffs on imports of memory chips, a presidential office spokesperson said at a televised briefing on Sunday. The country last year…

19Jan

South Korea, Italy agree to deepen cooperation in AI, chips, aerospace

Seoul: South Korean President Lee Jae Myung and Italian Prime Minister Giorgia Meloni agreed on Monday to expand cooperation in sectors such as artificial intelligence, aerospace, chips and critical minerals,…

17Jan

South Korea Says U.S. 25% Chip Tariff Will Have Limited Impact on Firms

Seoul: South Korea's trade minister said on Saturday that a U.S. proclamation imposing a 25% tariff on certain advanced computing chips would have a limited impact on South Korean companies.…

16Jan

S. Korea’s $350B U.S. Investment Unlikely Before H1 2026, Won Pressure Limited

Seoul : South Korea's planned investment of $350 billion in strategic U.S. sectors under a trade deal is unlikely to kick off in the first half of 2026, Finance Minister Koo…

02Jan

Bain Capital buying South Korean activewear firm Echo Marketing in $344 million deal

Seoul: Bain Capital is buying a 43.66% stake in South Korea's Echo Marketing, which owns local activewear brand Andar, from its founder and another shareholder for 216.6 billion won ($150.14…

27Dec

South Korea indicts 10 over alleged leak of memory chip technology to China’s CXMT

South Korean prosecutors have indicted 10 people on suspicion of leaking memory chip manufacturing technology to Chinese chipmaker ChangXin Memory Technologies (CXMT), a case authorities say helped pave the way…

22Dec

South Korea orders SK Telecom to compensate 58 users after hacking incident

South Korea's consumer agency said on Sunday it would order SK Telecom to compensate 58 users who filed a class action against the company over a recent hacking incident. The…