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  • Tech & Science

    Hyosung launches hyperscale AI data center in Seoul

    Hyosung Group is expanding its push into artificial intelligence (AI) infrastructure with the launch of a hyperscale data center in Seoul, marking its entry into Korea’s fast-growing data center market. The company announced Wednesday that Hyosung-STT GDC, a joint venture between Hyosung Heavy Industries and Singapore-based operator ST Telemedia Global Data Centres (STT GDC), opened STT Seoul 1, a 30-megawatt data center, in Geumcheon District, Seoul, the previous day. Designed to support cloud and AI workloads, the new facility combines Hyosung’s power infrastructure expertise with STT GDC's global standards in data center design, operation and service management. The facility is capable of accommodating increasingly power-intensive and high-density computing environments driven by generative AI applications. The company explained that one of the center's biggest advantages is its location in Seoul, where securing large-scale power capacity has become increasingly difficult due to energy regulations and grid constraints, providing low-latency connectivity to major business districts

    2 MIN READBy Lee Gyu-lee
    Hyosung launches hyperscale AI data center in Seoul
  • Companies

    Samsung Display showcases next-generation XR displays at AWE USA

    2 MIN READBy Nam Hyun-woo
    Samsung Display showcases next-generation XR displays at AWE USA
  • Companies

    'Wide Cup' fuels World Cup fever among Korean fans

    2 MIN READBy Ko Dong-hwan
    'Wide Cup' fuels World Cup fever among Korean fans
  • Companies

    Hanwha Ocean faces mounting costs from blocked icebreaker delivery to Russia

    2 MIN READBy Lee Min-hyung
    Hanwha Ocean faces mounting costs from blocked icebreaker delivery to Russia
  • Companies

    Hyundai Steel, LSU partner on next-gen steelmaking research

    2 MIN READBy Lee Gyu-lee
    Hyundai Steel, LSU partner on next-gen steelmaking research
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Companies

Samsung SDS launches AI platform to support National Assembly

Samsung SDS said Tuesday it completed the first phase of a project to build an artificial intelligence (AI)-powered data platform for the National Assembly, launching what it described as a dedicated generative AI system to support legislative work. Called the National Assembly AI Legislative Support Platform, it integrates data from 320 internal and external organizations and will be used by about 5,000 staff members — including lawmakers and their aides — the company said. The system offers three core services: an AI assistant that answers policy-related questions, drafts documents and summarizes meeting minutes; an intelligent search function that retrieves Assembly and external materials using natural-language queries; and a bill recommendation service that identifies similar legislation and relevant statutory provisions. Samsung SDS said it built the platform using FabriX, its proprietary generative AI service platform, and deployed it in an on-premises environment within the National Assembly Secretariat's data center to strengthen security. Responses are generated from verifi

Apr 14, 2026By Jhoo Dong-chan
Samsung SDS launches AI platform to support National Assembly
Companies

OB introduces Korea’s first state-backed draft beer quality seal

Oriental Brewery (OB) said Tuesday it had introduced what it described as the country’s first government-backed certification program for draft beer quality management, a move aimed at raising hygiene standards and supporting food service operators nationwide. The program, called the Master Draft Manager (MDM), awards credentials to individuals who demonstrate proficiency in draft beer sanitation and quality control. OB said the certification is backed by the Ministry of Employment and Labor, giving it an official standing that distinguishes it from conventional one-time industry training. The MDM credential is administered jointly with Kinoco, one of OB’s partner companies with 14 years of experience in draft beer quality training and equipment management systems. OB said the partnership combines Kinoco's technical expertise with its own quality management practices. Candidates must complete a four-stage process comprising classroom instruction, hands-on training, an online written exam and an on-site practical assessment. The curriculum covers sanitation procedures, supply line clea

Apr 14, 2026By Jhoo Dong-chan
OB introduces Korea’s first state-backed draft beer quality seal
Companies

Hyundai Motor Group chair presents vision for AI, robotics at US forum

Hyundai Motor Group Executive Chair Chung Euisun has outlined the group’s vision for next-generation mobility centered on artificial intelligence (AI), robotics and hydrogen at the 2026 Semafor World Economy forum. The event, hosted by global digital media platform Semafor in the United States, launched its five-day run on Monday (local time), bringing together top executives from Fortune Global 500 companies and public and private sector leaders worldwide to discuss key economic and technological challenges. Hyundai Motor Group is participating in track sessions and roundtables to present its future mobility strategy and reinforce its global leadership. Chung emphasized that intensifying competition serves as a catalyst for innovation. “Competition — driven by changing conditions — stimulates innovation,” he said in a written interview with the event organizer on Sunday. “We can tackle crisis with our inherent flexibility and resilience.” He highlighted Hyundai’s approach of combining global expansion with regional agility to navigate increasingly fragmented markets. The c

Apr 14, 2026By Lee Min-hyung
Hyundai Motor Group chair presents vision for AI, robotics at US forum
Companies

Hanwha Ocean CEO meets Nova Scotia officials amid bid to win Canadian submarine project

Kim Hee-cheul, chief executive officer (CEO) of Hanwha Ocean, has met with officials from Canada's Nova Scotia province to discuss ways to expand defense and industrial cooperation, the company said Tuesday, as the company is ramping up its bid for the country's submarine project. During the recent meeting with Nova Scotia Premier Tim Houston and other provincial government officials in Halifax, Canada, Kim exchanged views on strengthening defense readiness, securing maintenance, repair and overhaul (MRO) capabilities, training local personnel and building industrial infrastructure, according to Hanwha Ocean. Kim also outlined the company's long-term industrial participation plans and strategies for maintenance and operations under the Canadian government's submarine program, reaffirming its commitment to expanding its industrial footprint in Canada, the company added. Nova Scotia is considered well-suited for shipbuilding and long-term maintenance and operations, and is also competitive in advanced sectors such as aerospace, offshore wind power and artificial intelligence. In separate t

Apr 14, 2026By Yonhap
Hanwha Ocean CEO meets Nova Scotia officials amid bid to win Canadian submarine project
Tech & Science

WRTN posts 15-fold revenue growth in 1st regulatory filing

Artificial intelligence (AI) service platform WRTN Technologies posted a 15-fold increase in sales in 2025, the company said Tuesday. According to its first regulatory filing, WRTN reported sales of 47.1 billion won ($31.83 million), up 1,433 percent from 3 billion won in 2024. This marks the first time the company has disclosed its financial results through a regulatory filing since its establishment in 2021. However, its operating loss widened to 58.8 billion won last year, up from 2024. During the same period, operating costs rose 3.2 times to 105.9 billion won in 2025. WRTN stressed that while its operating loss doubled, its sales increased 15 times, meaning the company’s growth trajectory has met an inflection point, adding that in IT services, upfront investments and user acquisition costs typically precede a shift to profitability. “Last year’s growth curve is maintaining strong momentum this year,” WRTN CEO Lee Se-young said. “We will continue our solid and rapid growth as a leading AI service company in Korea by diversifying our revenue streams through the full-scale r

Apr 14, 2026By Nam Hyun-woo
WRTN posts 15-fold revenue growth in 1st regulatory filing
Companies

Hyundai Motor chief attends economic forum in Washington amid group's US investment drive

Euisun Chung, executive chair of Hyundai Motor Group, has attended a major global economic forum in Washington amid the South Korean automotive group's growing U.S. investment drive. Chung appeared at the Semafor World Economy 2026, an annual forum hosted by U.S. digital media outlet Semafor, on Monday (U.S. time). He did not respond to questions from reporters regarding specific plans for investment in the United States as he arrived at the venue. The U.S. is Hyundai Motor Group's largest export market, and Chung is expected to use the occasion to deepen communication with key figures in the U.S. government and business sectors. In a recent interview with Semafor, Chung reaffirmed the group's plan to invest a total of $26 billion in America by 2028 while emphasizing robotics and physical artificial intelligence (AI) as key pillars of future growth. The forum is being positioned by its organizers as a U.S. version of the Swiss-based World Economic Forum, bringing together top global business leaders to discuss economic strategies and key policy issues.

Apr 14, 2026By Yonhap
Hyundai Motor chief attends economic forum in Washington amid group's US investment drive
Companies

Volvo, Audi on high alert over rapid rise of Tesla, BYD

Tesla and BYD have emerged as the biggest disruptors in Korea’s imported car market, posing threats to established players — particularly to Volvo and Audi — two mid-tier premium carmakers that have recently lost their spots to the two rapidly growing electric vehicle (EV) makers, according to data and industry officials, Monday. Tesla topped the list in the imported car sales between January and March by selling 20,964 EVs, according to data from the Korea Automobile Importers and Distributors Association. BMW Korea followed the list with 19,368 and Mercedes-Benz Korea came in third with 15,862 cars sold. Of particular note is the rapid ascent of BYD Korea, which ranked fourth by selling 3,968 EVs during the same period. Volvo Car Korea and Audi Korea followed the list with auto sales of 3,628 and 3,138, respectively, in the first quarter. BYD Korea is further tightening is presence here with a series of its price-competitive EV lineups, including the Atto 3 compact SUV, the high-performance Sealion 7 SUV and the Dolphin hatchback. Volvo Car Korea and Audi Korea — which have lon

Apr 14, 2026By Lee Min-hyung
Volvo, Audi on high alert over rapid rise of Tesla, BYD
Companies

Middle East clients halt placing construction orders with Korean firms

The volume of construction orders placed with Korean companies by Middle Eastern clients dropped sharply in the wake of the war in Iran, raising doubts about the government’s goal of securing $50 billion in overseas construction orders this year. Data from the International Contractors Association of Korea released Monday showed that construction orders from the Middle East totaled $29.97 million in March, down 88 percent from the previous month. The region’s share of total overseas orders also plunged to 3.7 percent from 56.1 percent during the same period. With rapidly declining orders from the main market for Korean companies, the overall volume of overseas construction orders in March fell 78.9 percent year-on-year to $810 million. “Korean construction firms have not received any orders from the Middle East this month,” an industry official said. Due to strong demand for plants, roads and power infrastructure, Korean construction firms have long focused on winning projects in the Middle East. Since the outbreak of the war, however, clients there have delayed placing orders for

Apr 14, 2026By Park Jae-hyuk
Middle East clients halt placing construction orders with Korean firms
Companies

Korean Air's Q1 net profit rises 26% year-on-year on strong travel, cargo demand

Korean Air, Korea's flag carrier, said Monday its first-quarter net profit rose 26 percent from a year ago, backed by solid passenger and cargo business performances. The airline's net profit for the January-March period totaled 242.7 billion won ($163 million) on a nonconsolidated basis, compared with 193.2 billion won a year earlier, the company said in a preliminary earnings report. Its final earnings report is expected later in the month. Operating profit increased 47 percent on-year to 516.9 billion won, while sales rose 14 percent to a record high of 4.52 trillion won, according to the company. Sales in the company's passenger business climbed to 2.61 trillion won, up 177.6 billion won from a year earlier, driven by strong demand during the Lunar New Year holiday in February and increased traffic on European routes. Cargo business sales are estimated to have reached 1.09 trillion won, up 36.6 billion won from the same period last year on expanded long-term contracts. Korean Air said its passenger business is expected to face pressure in the second quarter due to rising oil prices an

Apr 13, 2026By Yonhap
Korean Air's Q1 net profit rises 26% year-on-year on strong travel, cargo demand
Companies

T’way Air turns to unpaid leave as fuel costs spike from Middle East crisis

Low-cost carrier T’way Air is offering voluntary unpaid leave for its cabin crew as financial pressures mount amid a surge in the won-dollar exchange rate and soaring fuel prices triggered by the U.S.-Iran conflict. The carrier recently notified its cabin crew that it would accept applications for unpaid leave, marking its first such move since August 2024. It said the measure aims to ease fatigue among the crew and balance workloads following recent adjustments in flight schedules. The carrier, hit by the fallout from the Middle East crisis, became the first Korean airline to enter emergency management mode on March 16, signaling that it will implement additional measures in stages if necessary. The carrier is facing mounting liquidity pressure from rising costs and weakening passenger demand, after posting operating losses of 12.3 billion won ($9.5 million) in 2024 and 265.5 billion won in 2025. “The temporary leave is designed to offer greater flexibility in working conditions for cabin crew, and will be available for a limited period only to those who choose to participate,” th

Apr 13, 2026By Lee Gyu-lee
T’way Air turns to unpaid leave as fuel costs spike from Middle East crisis
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