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Nam Hyun-woo

Korea Times Business Reporter

Nam Hyun-woo has worked as a staff writer at The Korea Times since 2013, mostly covering business and politics. He currently belongs to the Business Desk where he covers topics such as emerging tech, AI, ICT and Korea's chaebol community. Prior to joining the team, he was the paper's correspondent for the presidential office of Korea during the Yoon Suk Yeol and Moon Jae-in administrations.

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Tech & Science

NASA seeks Korea's role in Moon Base project

NASA is seeking Korea’s participation in the sector of communications, landers and robotics in its Moon Base program, the program’s chief said Wednesday. “During Apollo, it was a United States effort, but to build the moon base and even to get back to the moon, we don’t plan to do it alone,” NASA Moon Base Program Manager Carlos Garcia-Galan said during a press briefing in Seoul. “We hope to go hand-in-hand with our international partners and create a team that can achieve the near-impossible. … South Korea is one of the players that we’re hoping will engage with us in this incredible endeavor.” The Moon Base program is part of Artemis, NASA's international lunar exploration initiative aimed at landing humans on the moon. The agency initially planned to establish Gateway, a space station in lunar orbit, but has since shifted its focus to building a permanent base on the lunar surface. Under the revised road map, NASA aims to deploy more than 4,000 kilograms of cargo to the lunar surface by 2028, introduce permanent infrastructure and pressurized rovers by 2032, and conn

Jul 29, 2026By Nam Hyun-woo
NASA seeks Korea's role in Moon Base project
Companies

PHOTO Korea-Brazil biopharmaceutical partnership

SK Biopharmaceuticals CEO Lee Dong-hoon, third from left, poses with Eurofarma Global CEO Marco Billi, fourth from left, after signing a memorandum of understanding on marketing cooperation for SK Biopharmaceuticals' partial-onset seizure treatment Cenobamate during the Korea-Brazil Business Roundtable held on the occasion of President Lee Jae Myung's visit to Sao Paulo, Tuesday (local time). From left are Federation of Korean Industries Chairman Ryu Jin, Minister of Trade, Industry and Resources Kim Jung-kwan, Lee, Billi, Brazil's Minister of Development, Industry, Commerce and Services Marcio Elias Rosa and ApexBrasil President Laudemir Muller. Courtesy of SK Biopharmaceuticals

Jul 29, 2026By Nam Hyun-woophoto
[PHOTO] Korea-Brazil biopharmaceutical partnership
Companies

SK hynix shatters Q2 earnings record amid AI peak concerns

SK hynix shattered its quarterly earnings record in the second quarter, just three months after setting its previous high. Still, its shares extended losses Wednesday as the record results failed to meet elevated market expectations, adding to concerns that the artificial intelligence (AI) infrastructure investment boom may be losing momentum — a claim the Korean chipmaker dismissed. During its earnings call, SK hynix said its second-quarter operating profit soared 557.2 percent from a year earlier to 60.54 trillion won ($41.6 billion). Revenue for the quarter reached 79.32 trillion won, up 256.8 percent year-on-year. Both revenue and operating profit set new records, surpassing the previous highs of 52.58 trillion won in revenue and 37.6 trillion won in operating profit. Its operating margin reached 76 percent. However, the results fell short of brokerages' consensus estimates of 83.94 trillion won in revenue and 63.99 trillion won in operating profit. The company attributed its strong performance to continued demand driven by expanding AI infrastructure investments, with higher prices

Jul 29, 2026By Nam Hyun-woo
SK hynix shatters Q2 earnings record amid AI peak concerns
Companies

Decision on stalled sale of SK Siltron likely to come this week

Talks between SK Group and Doosan Group over the sale of a controlling stake in SK Siltron are expected to conclude this week, seven months after Doosan Corp. was selected as the preferred bidder. According to industry officials on Tuesday, SK Inc. is considering putting the sale of its 70.6 percent stake in silicon wafer maker SK Siltron on the agenda for its board meeting on Friday. As part of its portfolio reorganization, SK Group selected Doosan Corp. as the preferred bidder for the stake in December last year. The two sides were initially anticipated to reach a sale and purchase agreement within the first half of this year, but both repeatedly said in regulatory filings that a definitive agreement had not yet been finalized. At the time, SK Siltron was valued at around 5 trillion won ($3.4 billion). This year, however, the value of silicon wafers has increased as a result of the semiconductor upcycle, with the company's valuation now estimated at around 7 trillion won, prompting SK to put the agreement on hold. SK Siltron is the world's third-largest silicon wafer maker by revenue,

Jul 28, 2026By Nam Hyun-woo
Decision on stalled sale of SK Siltron likely to come this week
Companies

US bill targets foreign officials over alleged discrimination against American firms

A bill that could bar foreign officials accused of discriminating against American companies from entering the United States has been introduced, carrying potential implications for Korea-U.S. relations by citing the Korean government's investigation into e-commerce platform Coupang over its massive customer data breach as a key example. U.S. Rep. Michael Baumgartner on Thursday (local time) filed the bill, or the proposed No Racketeers on Our Shores Act, which seeks to impose an entry ban for foreign officials “who weaponize the government to discriminate against American companies.” According to a fact sheet on the bill, it would amend the U.S. Immigration and Nationality Act to deny entry to, or deport, foreign government officials who engage in economic discrimination against American individuals or companies. It targets officials who use government authority to impose investigations, fines, taxes, licensing decisions or other regulatory measures on American businesses more harshly than on similarly situated domestic or non-U.S. companies. Baumgartner cited Coupang’s case as a

Jul 28, 2026By Nam Hyun-woo
US bill targets foreign officials over alleged discrimination against American firms
Companies

LG Innotek, TDK partner on physical AI sensing

LG Innotek has formed a strategic partnership with Japan's TDK to jointly develop next-generation vision and tactile sensing modules for humanoid robots and other physical artificial intelligence (AI) applications, the companies said Monday. The partnership will combine LG Innotek's optical and ultra-precision module design technologies with TDK's broad portfolio of sensor technologies to develop a range of physical AI solutions, including next-generation vision sensing modules and tactile sensing modules. The companies will jointly develop next-generation vision sensing modules by integrating LG Innotek's vision sensing technology with TDK's inertial measurement units, position sensors and microphones. Compared with existing products that primarily rely on visual information, the new modules will also process motion, orientation and audio data to significantly improve robots' recognition capabilities. LG Innotek plans to launch the next-generation vision sensing module equipped with inertial sensors in 2027. The companies will also jointly develop tactile sensing modules that function a

Jul 28, 2026By Nam Hyun-woo
LG Innotek, TDK partner on physical AI sensing
Tech & Science

AMD, science ministry team up to set up AI R&D center in Korea

The Ministry of Science and ICT has teamed up with U.S. chip giant AMD to set up an artificial intelligence (AI) research center in Korea, as well as expanding infrastructure for heterogeneous AI computing. According to the ministry, Monday, Deputy Prime Minister and Minister of Science and ICT Bae Kyung-hoon and AMD Chair and CEO Lisa Su signed a memorandum of understanding (MOU) on bilateral cooperation in the AI semiconductor ecosystem during AMD Advancing AI 2026 in San Francisco, Thursday. Under the MOU, AMD will begin preparations to establish an “AI Center of Excellence” in Korea, which will serve as a collaboration hub supporting technology cooperation among Korean companies, universities and research institutes, AI semiconductor software development, computing technology validation and joint research based on AMD's computing resources and software capabilities. The two sides also agreed to pursue the development and demonstration of a heterogeneous AI computing infrastructure combining AMD's central processing units (CPUs) and graphics processing units (GPUs) with domestica

Jul 27, 2026By Nam Hyun-woo
AMD, science ministry team up to set up AI R&D center in Korea
Tech & Science

Samsung adopts silicon-carbon battery to improve capacity for new foldables

LONDON — Samsung Electronics has adopted silicon-carbon anode batteries for the Galaxy Z8 foldable smartphone series unveiled at the Galaxy Unpacked 2026 event here and is considering expanding the technology to the Galaxy S27 series. During a press briefing on Thursday, Samsung Electronics Executive Vice President at Mobile R&D Office Moon Sung-hoon said the Galaxy Z8 series for the first time used silicon-carbon battery to improve energy density within the same amount of space. Silicon-carbon anodes significantly increase energy density compared to conventional batteries using graphite anodes. By adopting silicon-carbon anode, the Galaxy Z Fold8 Ultra is equipped with a 5,000 milliampere-hour pack, 14 percent larger than that of its predecessor, while maintaining a record-thin profile of 4.1 millimeters. Chinese smartphone makers have been using silicon-carbon for their smartphone batteries, but Moon said Samsung decided to adopt the technology only after it met the company's stringent safety standards, given the material's structural drawbacks. "Silicon batteries have the advantage

Jul 27, 2026By Nam Hyun-woo
Samsung adopts silicon-carbon battery to improve capacity for new foldables
Companies

LG CNS joins global AI alliance for new materials discovery

LG CNS has joined the founding members of a global alliance using artificial intelligence (AI) to accelerate the discovery of new materials, becoming the only Korean IT company in the initiative. The company said Monday it will partner with British AI startup CuspAI, which launched the alliance, to help Korean manufacturers use AI to develop next-generation materials. The alliance, called the AI Materials Foundry, combines AI, data, computing resources and scientific expertise to accelerate the discovery and development of new materials. According to LG CNS, its 48 members include Nvidia, Meta, AMD, 3M and Merck, along with leading research institutions. LG CNS will use CuspAI's AI platform to help companies in industries such as semiconductors, chemicals and energy develop materials with desired properties, such as greater heat resistance and improved carbon capture, while significantly shortening development time. One customer, Finnish chemicals company Kemira, shortened a materials development project from several years to six months using the platform, identifying 20 promising candid

Jul 27, 2026By Nam Hyun-woo
LG CNS joins global AI alliance for new materials discovery
Tech & Science

Reporter's Notebook Why you need smartwatch to build running habit

LONDON — We all make the same promise to ourselves. I should exercise more. I should lose weight. Then comes the excuse. It's too hot outside. Work has been exhausting. Tomorrow seems to be a better day to work out. This one missed workout becomes two, a week and then a month. This reporter does that all the time. During nearly 15 years at The Korea Times, my weight steadily crept up. Every now and then, guilt pushed me out the door for a short run only to stop with gasping breath. That was usually enough to convince myself I had "worked out," often followed by an oversized meal. Things changed almost after buying a smartwatch almost by accident — a product I write about but never seriously considered buying. Since the beginning of this year, I have run at least 5 kilometers almost every day and have steadily lost weight. I can now proudly call myself a beginner runner, and I owe much of that change not to stronger willpower, but to the device. On the occasion of the Galaxy Unpacked 2026 event here, this reporter joined a running event on Thursday (local time) hosted by Samsung Elec

Jul 27, 2026By Nam Hyun-woo
[Reporter's Notebook] Why you need smartwatch to build running habit
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