Korea Joongang Daily
Korea JoongAng Daily

Industrial output, retail sales, facility investment gain ground in March

Korea's industrial output, retail sales and facility investment all rose from a month earlier in March, official data showed Thursday.

2026-04-30

Korea, Qatar strengthen cooperation in advanced industries, focusing on AI and biotechnology

Trade ministers of Korea and Qatar agreed Wednesday to expand the two countries' cooperation in advanced industries, including AI transformation of the manufacturing sector, semiconductor and biohealth, a Seoul ministry said.

2026-04-29

Google DeepMind CEO meets top Korean industry leaders to deepen AI partnerships

Google DeepMind CEO Demis Hassabis held a series of back-to-back meetings with Korea's top business leaders on Tuesday amid the company's push to deepen partnerships in one of Asia's fastest-growing AI markets.

2026-04-28

GDP grows 1.7% in Q1, nearly double February forecast: BOK

Korea’s economy grew 1.7 percent in the first quarter, rebounding far more sharply than expected on strong semiconductor exports and recovering investment, the Bank of Korea (BOK) said Thursday.

2026-04-23

KAIST tech startup becomes first in Korea to get investment from Nvidia

A tech startup founded by researchers at KAIST drew in $76 million in investment from major tech firms, including the U.S. chip giant Nvidia.

2026-04-23

Chip boom bonuses spark fairness debate at Samsung, SK hynix

Korean semiconductor companies, like Samsung Electronics and SK hynix, are facing backlash over their bonus systems amid record paychecks. Employees express concerns that uniform compensation fails to reflect individual contributions.

2026-04-20

Path to 'FIRE': Semiconductor supercycle spurs rush for jobs at Samsung, SK hynix

Korea’s semiconductor industry is experiencing a historic high, and top-tier graduates want to get in on the action. Major chipmakers are posting extraordinary profits and dangling the prospect of massive performance bonuses to job seekers.

2026-04-15

Industry minister inspects manufacturing sites as Iran war throttles petrochemical supply

Industry Minister Kim Jung-kwan on Monday inspected manufacturing operations of daily necessities amid concerns over the supply of petrochemical feedstocks due to the ongoing Iran war.

2026-04-13

Samsung posted record profit. An ex-employee went on the record urging others to leave.

Soon after Samsung Electronics reported an estimated record operating profit for the first quarter of the year, an unusual message began circulating inside the company's internal network on Tuesday.

2026-04-09

Korean currency, markets increasingly mirror Japan as they drift from China, U.S.

Korea’s market is breaking from longstanding patterns, moving more in step with the Japanese yen and Japanese equities while leaving behind its former ties to the Chinese renminbi and U.S. stocks.

2026-03-30