Korea Joongang Daily
Korea JoongAng Daily

JYP Entertainment wins Optimus fund court case against NH Investment & Securities

JYP Entertainment, home to K-pop groups Twice and Stray Kids, has won its final court battle against NH Investment & Securities over losses tied to the Optimus fund scandal, seven years after the scandal first broke out in 2019.

2026-05-13

Korea weighs 'robot tax' as AI-driven job losses loom

Advanced AI is wiping out a vast number of human jobs, fueling calls for a so-called “robot tax” as a hedge against mass technological unemployment.

2026-05-06

Beaten by China in EV batteries, Korea finds an edge in humanoids

After being undercut by lower-cost Chinese rivals in the EV market, Korea’s leading battery makers have recently gained a much-needed jump from the burgeoning humanoid robot sector.

2026-02-03

Optimus joins Tesla’s line, but Atlas can’t even cross Hyundai’s plant

While Hyundai Motor has been enjoying a surge in its market valuation since the unveiling of its Atlas humanoid robot, the Korean automaker is facing a big yet expected obstacle: a hard-line labor union.

2026-01-25

Inside Hyundai’s calculated silence on Boston Dynamics

Hyundai's ownership of Boston Dynamics faces financial challenges, but it could aid in future growth and succession amid rising robotics competition.

2025-07-08

AI-powered humanoid robot Atlas to begin trials at Hyundai Motor factories this year

Atlas, an AI-powered humanoid robot from Hyundai Motor-backed Boston Dynamics, is set to begin trial operations at the carmaker's manufacturing factories by the end of the year.

2025-03-10

FSS chief meets Chinese counterpart, first in six years

The Financial Supervisory Service (FSS) governor met with his Chinese counterpart last week for the first time in six years in a bid to strengthen financial cooperation between the two countries.

2023-09-07

Financial authorities re-investigate fund scandals

Financial authorities and the prosecution relaunched an investigation into three asset management companies - Lime, Optimus, Discovery - that were at the center of an infamous fund scandal after discovering additional law violations.

2023-08-30

Is a 'Samsung Bot' set to be released in coming years?

Samsung Electronics has set its sights on the development of a humanoid robot as the tech company reviews the mid-to-long-term strategy of its robot business. A planning team under the Device eXperience division is developing a business strategy...

2023-08-03

[THINK ENGLISH] 서울모빌리티쇼에 테슬라 휴머노이드 로봇 ‘옵티머스’ 등장 … 중국 이어 세계 2번째

A 173 centimeter, 73 kilogram (160 pound) silver humanoid robot welcomes visitors at the entrance of Tesla's booth at the Seoul Mobility Show on Thursday. Donning a Tesla logo belt, Optimus has a 2.3-kilowatt-hour battery pack at the back which...

2023-04-05