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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

KEF chairman urges cooperative labor relations in AI transformation at ILO

Korea Enterprises Federation Chairman Sohn Kyung-shik urged cooperative relations between labor and management in businesses’ artificial intelligence (AI) transformation during his speech at the 114th Session of the International Labour Conference hosted by the International Labour Organization (ILO) in Geneva Wednesday. Sohn attended the ILO session in Geneva as Korea’s representative of employers. Minister of Employment and Labor Kim Young-hoon and Federation of Korean Trade Unions President Kim Dong-myeong also participated as representatives of the government and labor, respectively. Sohn said AI is driving a profound transformation of socioeconomic structures and the way people live and work, stressing the need to create an environment that fosters entrepreneurship and innovation. "Every country must swiftly reform outdated laws and institutions that no longer fit the demands of the times," he said. "In Korea's case, it is urgent to make labor market regulations, such as strong protections for regular workers and a standardized working-hour system, more flexible." Sohn noted tha

Jun 10, 2026By Nam Hyun-woo
KEF chairman urges cooperative labor relations in AI transformation at ILO

New gallery at old Seoul Station retraces Korea’s railroad history

A closed railway platform that had been the de facto center of Korea’s railroad operation until its closure in 2004 has been transformed into a gallery that travels back to the venue's past. Korea Railroad Corp. (KORAIL), a state-run railway operator, hosted an opening ceremony for a new gallery at the old station building on Wednesday, a day before its public opening. The gallery will run through Aug. 17. Built in 1925 during the Japanese colonial rule (1910-45), the former station building serviced trains until KTX high-speed trains began operating at the new Seoul Station next to the century-old building. In 2011, the old building was reopened as Culture Station Seoul 284, serving as a cultural space and hosting occasional art events since. The gallery, named “Seoul Station 2026: Where Memory Meets Movement,” introduces media, installations and archived photos prepared by 15 artists. The gallery, run by art director Kim Mi-youn, invites visitors to explore the old station, which has preserved most of its functions including the stationmaster’s room, VIP Room, the waiting hall

Jun 10, 2026By Ko Dong-hwan
New gallery at old Seoul Station retraces Korea’s railroad history

Hyundai's self-driving chief highlights execution over development

The future of competition in artificial intelligence (AI), autonomous driving and software-defined vehicles (SDVs) will be determined not by who develops technologies first, but by who can bring them to market fastest, safest and at scale, said Park Min-woo, head of Hyundai Motor Group’s Advanced Vehicle Platform (AVP) Division. Park characterized the industry’s competitive paradigm with a single word: execution. “The future will not be decided by who invents a technology first, but by who can deliver reliable, scalable products that people can trust and use safely,” Park said in an intra-company interview. “Research alone is not enough. The real challenge is elevating technology to a level where customers have confidence in it.” A key objective for the carmaker’s software initiative lies in internalizing capabilities in core autonomous driving software, while accelerating commercialization through what he calls an “execution-first” approach. Park, who also serves as CEO of 42dot, the group’s self-driving software development unit, stressed that data utilization will b

Jun 10, 2026By Lee Min-hyung
Hyundai's self-driving chief highlights execution over development

Polestar 4 Coupe launches in Korea with chassis upgrades, price cuts

Swedish electric vehicle brand Polestar has launched the 2027 Polestar 4 Coupe in Korea, introducing a name change, chassis improvements and a price reduction of up to 2 million won ($1,450) on select trims, the company said Wednesday. Online sales opened at 3 p.m. The 2027 update drops "SUV" from the model name — the vehicle will now be sold as the "Polestar 4 Coupe" — and restructures the lineup into three trims: Rear Motor, Dual Motor, and Dual Motor Performance. On the mechanical side, the Rear Motor and Dual Motor trims gain a chassis package as standard equipment, comprising high-capacity passive dampers, new springs and anti-roll bars, and polyurethane rebound stops, along with improved steering precision. The updates are aimed at sharpening daily driving comfort and handling balance. Design changes include contrasting-color emblems — black for Storm and Electron exterior colors, grey for Snow, Magnesium and Space — replacing the previous body-color treatment. Inside, a black emblem has been added to the panoramic glass roof, while seat belts and rotary knob inserts are dif

Jun 10, 2026By Jhoo Dong-chan
Polestar 4 Coupe launches in Korea with chassis upgrades, price cuts

Hyundai Motor brings FIFA World Cup 2026 campaign into Rocket League, Fortnite

Hyundai Motor said Wednesday it has partnered with Epic Games to bring its FIFA World Cup 2026 campaign into two of the world's most popular video games, extending the automaker's sports marketing into the gaming space. Beginning Thursday, Hyundai will feature the IONIQ 6 N Line as a playable car item in Rocket League — a vehicle-based soccer game with tens of millions of players worldwide — along with exclusive World Cup sponsorship decal that changes the car's color scheme and design pattern. The in-game content runs through July 19. During the event, players can represent one of the 48 nations competing at the World Cup, with goals scored contributing to a cumulative national tally. Completing 10 in-game quests unlocks the IONIQ 6 N Line item, and players who drive 8,000 meters or more with the vehicle receive the decal. Hyundai will also sponsor a tournament, the Next Starts Now Cup, in which Rocket League influencers and professional players compete using only the IONIQ 6 N Line. Matches will be streamed live on participants' channels. Additionally, from June 25 through July 19,

Jun 10, 2026By Jhoo Dong-chan
Hyundai Motor brings FIFA World Cup 2026 campaign into Rocket League, Fortnite

HD Hyundai partners with Canadian university in bid for submarine contract

HD Hyundai signed a research and development agreement with the University of British Columbia (UBC) as part of a broad campaign to win Canada's planned submarine procurement contract, the Korean shipbuilding conglomerate said Wednesday. HD Korea Shipbuilding & Offshore Engineering (KSOE), the shipbuilding arm of HD Hyundai, signed the memorandum of understanding with the university on Sunday (local time) at the university's Vancouver campus. The agreement covers joint research into advanced digital and artificial intelligence-based ship design, digital twin simulation, autonomous navigation systems and next-generation naval vessel structures, including destroyers, unmanned ships and submarines. The two parties will also collaborate on eco-friendly advanced materials for warships and commercial vessels. The signing ceremony was attended by Jang Gwang-pil, vice president of HD KSOE's Future Technology Research Institute; James Olson, dean of applied science at the university; Mark MacLachlan, dean of science at the university; and Orlando Rojas, scientific director of the Bioproducts Ins

Jun 10, 2026By Jhoo Dong-chan
HD Hyundai partners with Canadian university in bid for submarine contract

GM’s next big bet: Turning EVs into power plants on wheels

General Motors is pushing the car beyond its form, unveiling a strategy that could transform electric vehicles into active participants in the energy grid and expand the company’s role in the rapidly evolving power economy. At its GM Empower event held in San Francisco, Monday (local time), GM outlined a sweeping vision for an integrated energy ecosystem connecting electric vehicles, homes, public charging networks and large-scale energy storage systems. The announcements centered on vehicle-to-grid, or V2G, technology, which allows electric vehicles to send electricity back to the grid and function as distributed energy resources during periods of high demand. Sterling Anderson, GM’s executive vice president of global product and chief product officer, said the world is approaching a turning point in how mobility, computing and energy infrastructure intersect. “GM is working to help reduce pressure on the grid by leveraging both grid-scale energy storage and distributed energy resources powered by electric vehicles,” he said. The company also introduced Energy Pass, a new service

Jun 10, 2026By Lee Kyung-min
GM’s next big bet: Turning EVs into power plants on wheels

Netflix to launch TikTok-style video feed Clips in Korea

Netflix unveiled a series of updates to its streaming platform for members in the Asia-Pacific (APAC) region, including the introduction of a vertical video feed and new games for kids, featuring characters from the hit animation, "KPop Demon Hunters." "In July, members in Korea and Japan will experience the next chapter of our mobile experience, including a redesigned homepage with enhanced navigation and vertical video called Clips," Elizabeth Stone, the chief product and technology officer at Netflix, said at a press event with media from APAC countries. Netflix's "Clips" function is a TikTok-style video feed, designed to help members discover new contents on the platform. The feature, which is only available on mobile devices, was rolled out in April in countries such as India, Australia and New Zealand. "We're particularly excited to bring this to APAC, where we know many of our audiences experience Netflix on their mobile devices every day," she said. The U.S. video streaming giant is also adding a collection of mini games for children, featuring characters from the globally popular

Jun 10, 2026By Yonhap
Netflix to launch TikTok-style video feed Clips in Korea

Baskin-Robbins bets on AI to answer franchisees’ questions in real time

Baskin-Robbins franchise owners in Korea may soon have a new source of support for everything from product launches to store operations: an artificial intelligence (AI) chatbot designed to answer questions instantly. Hyundai Futurenet, the information and communications technology arm of Hyundai Department Store Group, said Wednesday it had signed a contract with BR Korea, the operator of Baskin-Robbins in Korea, to supply an AI assistant service for stores, with deployment scheduled within the year. The mobile-based chatbot is designed for franchise owners and store employees seeking quick answers related to day-to-day operations. Users can type questions into a chat interface and receive immediate responses, mimicking a natural conversation, the company said. The service will provide information ranging from newly launched products and promotional events to operational manuals and workplace guidelines, according to Hyundai Futurenet. The chatbot is being developed using OptiForce, Hyundai Futurenet’s integrated AI platform. The company said OptiForce is designed to understand the conte

Jun 10, 2026By Lee Kyung-min
Baskin-Robbins bets on AI to answer franchisees’ questions in real time

Samsung tops global chipmakers with nearly $59.2 bil. in investment

Samsung Electronics spent nearly 90 trillion won ($59.2 billion) on capital expenditures and research and development (R&D) in 2025, making it the biggest investor among the world's top 10 semiconductor companies, industry data showed Wednesday. The Korean tech giant invested 89.9 trillion won, comprised of 52.2 trillion won in capital expenditures and 37.7 trillion won, in R&D last year, according to data compiled by corporate tracker CEO Score. Samsung's investment far exceeded that of second-ranked Taiwanese semiconductor giant TSMC, which spent 69.4 trillion won. Despite a sharp decline in earnings in 2023 due to a downturn in the chip industry, Samsung Electronics continued to increase investment. Its operating profit fell 84.9 percent on-year to 6.57 trillion won in 2023, but the company invested 88.9 trillion won that year, more than 13 times its operating profit. Industry observers say Samsung's aggressive spending during the semiconductor downturn helped lay the groundwork for the industry upcycle that began gaining momentum last year. "Given the nature of the semiconductor indust

Jun 10, 2026By Yonhap
Samsung tops global chipmakers with nearly $59.2 bil. in investment
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