Author: Seoul Reporter

[ad_1] Elon Musk, CEO of Tesla (Reuters) Elon Musk, CEO of Tesla, has as soon as once more revealed plans to construct an in-house chip manufacturing facility. Throughout Tesla’s earnings convention name on Jan. 28 (native time), Musk claimed that there’s a excessive chance that reminiscence semiconductors and different parts won’t be able to maintain up with demand within the coming years. “One of many issues I’m attempting to determine is — how can we make sufficient chips?” Musk stated at Tesla’s annual shareholders assembly. Tesla at the moment oursources the manufacturing of its…

[ad_1] View of the refinery El Palito in Puerto Cabello, Carabobo state, Venezuela, Jan. 11 / AFP-YonhapWASHINGTON — The Trump administration quickly will permit Venezuela to promote oil now topic to U.S. sanctions, with the income initially devoted to fundamental authorities providers resembling policing and well being care and topic to Washington’s oversight, Secretary of State Marco Rubio mentioned Wednesday.The US will retain management within the quick time period to make sure the oil income is used to stabilize Venezuela, Rubio mentioned at a Senate International Relations Committee listening to.“The funds from that shall be deposited into an account that…

[ad_1] Hanshin College college students maintain a rally on the college’s Osan campus in Gyeonggi Province condemning the compelled deportation of Uzbek college students, June 5, 2024. Courtesy of Kim So-hwi Practically two years after Hanshin College officers had been accused of forcing greater than 20 Uzbek college students onto a bus sure for the airport, a legal investigation into the case has stalled on the prosecutor’s workplace, drawing sharp rebukes from advocates and people on the middle of the case over the inquiry’s protracted tempo.The case has uncovered gaps in how Korea protects the rights of worldwide college students,…

[ad_1] Samyang Meals’ Buldak ramyeon merchandise are displayed on the cabinets of a big low cost retailer chain outlet in Seoul, March 26, 2025. YonhapSamyang Meals, identified for its globally standard Buldak spicy ramyeon, stated Thursday its annual gross sales exceeded 2 trillion gained ($1.4 billion) for the primary time since its founding in 2025, pushed by robust demand for the Buldak sequence.Samyang Meals’ gross sales jumped 36 p.c to 2.35 trillion gained final 12 months from 1.72 trillion gained a 12 months earlier, the corporate stated in a press launch.Since its launch in 2012, cumulative gross sales of Buldak…

[ad_1] An digital board exhibits the KOSPI ending at 5,221.25 factors at Woori Financial institution in Seoul, Thursday. Yonhap Kim Moo-jin, an workplace employee in his 30s, mentioned he was glad to listen to information studies concerning the authorities plan to introduce leveraged exchange-traded funds (ETFs) monitoring Korea’s main listed corporations, together with main semiconductor producers.“This can change how I make investments,” he mentioned. “Shares of SK hynix and Samsung Electronics are flying. Synthetic Intelligence demand will proceed to blow up, and now I can earn a living extra safely.”He added that a lot of his buddies had turned to…

[ad_1] Karina poses with a dessert wrapped in packaging stamped with the emblem of luxurious trend home Chanel. Captured from Karina’s social mediaOn Wednesday, Karina of aespa shared a photograph on social media exhibiting stacks of “dujjonku” — brief for Dubai chewy cookie — a dessert development that has swept Korea.What caught followers’ consideration was the emblem of a European high-end trend home stamped on the wrapper. Whereas Karina supplied no clarification in her publish, she was appointed the face of the model’s magnificence line in October final 12 months and has since appeared in a number of world campaigns.It’s…

[ad_1] Overseas Minister Cho Hyun, heart, responds to questions throughout a panel dialogue hosted by Kwanhun Membership, a senior journalists’ affiliation in Seoul, Thursday. YonhapU.S. President Trump’s warning of a tariff hike for South Korea shouldn’t be seen as a breakdown of the commerce deal reached between the allies however as a part of the method to implement it, Seoul’s prime diplomat mentioned Thursday.Overseas Minister Cho Hyun made the remarks throughout a panel dialogue with native press, as Trump’s social media submit threatening to lift the reciprocal tariff on South Korean items to 25 p.c from 15 p.c has rattled…

[ad_1] Search engine marketing Gained-seok, the president of the Tourism Sciences Society of Korea (TOSOK) delivers a gap speech in the course of the group’s press convention in Seoul, Thursday. Korea Instances photograph by Lee Hae-rinKorea’s tourism business will likely be reshaped this yr by a stronger concentrate on sustainability, wider use of synthetic intelligence (AI) and extra personalized journey experiences, the Tourism Sciences Society of Korea (TOSOK) mentioned Thursday, unveiling its first annual imaginative and prescient underneath the slogan “RED UNICORN,” to mark the Yr of the Purple Horse.At a New Yr’s press convention in Seoul, TOSOK President Search…

[ad_1] Volunteer dancers rehearse throughout preparations for the opening ceremony inside a brief construction subsequent to San Siro stadium, Jan. 28, forward of the Milano Cortina 2026 Winter Olympics. Reuters-YonhapMILAN — Inside a cavernous tent close to Milan’s San Siro stadium, classically educated dancers from La Scala’s academy mimicked Nordic walkers and determine skaters throughout a rehearsal Saturday for the opening variety of the Milan Cortina Winter Olympics opening ceremony, which can happen on Feb. 6.The younger dancers are amongst some 1,200 volunteers who’ve been rehearsing since November within the tent giant sufficient to mark the precise stage whereas Italian…

[ad_1] Former President Yoon Suk Yeol’s presidential residence in Hannam-dong, Seoul / Korea Instances picture by Choi Joo-yeon An indoor golf driving vary was discovered to have been constructed illegally on the presidential residence compound utilized by ousted former President Yoon Suk Yeol, the state auditor stated Thursday.The ability was constructed on the orders of then Presidential Safety Service (PSS) chief Kim Yong-hyun and disguised as a guard put up in official development paperwork, the Board of Audit and Inspection (BAI) stated in a report.The BAI didn’t state whether or not Yoon personally gave the orders for the driving vary…