Author: Seoul Reporter

When Jensen Huang, founder and CEO of Nvidia Corp., stood earlier than greater than 500 followers gathered at COEX in Seoul on Oct. 30 to rejoice the twenty fifth anniversary of the GeForce GPU’s Korean launch, he opened his speech with an sudden confession.“In 1996, I acquired a letter from Korea for the primary time in my life,” Huang stated. “It was fantastically written – from somebody I didn’t know.”That letter, he revealed, was despatched by the late Lee Kun-hee, the legendary chairman of Samsung Electronics, whose phrases would profoundly form each Huang’s life and the way forward for the…

POSCO Holdings Inc., the mother or father of South Korea’s high steelmaker POSCO, has signed a strategic partnership with Cleveland-Cliffs Inc., the No. 2 US metal producer, as a part of efforts to increase its presence within the US to blunt the influence of revived Trump-era tariffs on imported metal.With the partnership, the Korean metal conglomerate is predicted to take a position greater than 1 trillion received, or over $700 million, to accumulate not less than a ten% stake within the US steelmaker by subsequent 12 months, based on individuals aware of the matter on Friday.The transfer mirrors Nippon Metal…

Actual property credit score continues to attraction to South Korea’s main asset homeowners whilst rates of interest decline, reflecting their cautious method to fairness publicity within the property sector. Jennifer Nicholson-Breen edited this text.

GYEONGJU – Nvidia Corp. has agreed to provide 260,000 items of its high-end graphics processing items (GPUs) to South Korea’s authorities and 4 of its largest conglomerates by 2030.The deal, valued at as much as 14 trillion received ($9.8 billion), will strengthen know-how ties between the US chip designer and certainly one of Asia’s most superior manufacturing economies.Underneath the settlement, introduced on Friday on the sidelines of the APEC Summit in Gyeongju, Nvidia will prioritize deliveries of its newest AI accelerators to Seoul’s Ministry of Science and ICT, Samsung Electronics Co., Hyundai Motor Co., SK Group and Naver Corp.The transfer…

After weeks of fierce competitors, Golden — the breakout hit from Netflix’s animated movie KPop Demon Hunters — has as soon as once more risen to the highest of the UK Official Singles Chart, knocking Taylor Swift’s The Destiny of Ophelia from the No. 1 spot.In line with the Official Charts launched Saturday, Golden — carried out by the in-film Okay-pop woman group Huntrix — climbed two spots to reclaim the summit, marking its ninth nonconsecutive week at No. 1.Swift’s The Destiny of Ophelia, which had dominated the chart for 3 straight weeks, slipped to No. 2.Different KPop Demon Hunters…

GYEONGJU, North Gyeongsang Province — Because the Asia-Pacific Financial Cooperation (APEC) conferences closed Saturday after hundreds of delegates visited Gyeongju, the main target is now turning as to if the town can set up itself as a recurring hub for international conferences. To host APEC occasions, Gyeongju invested closely in infrastructure. The Hwabaek Worldwide Conference Heart, the primary summit venue, obtained inside upgrades comparable to new carpets and elevators. Subsequent to it, the town constructed a brand new two-story Worldwide Media Heart spanning 6,000 sq. meters to accommodate the worldwide press. Some resorts within the metropolis added new presidential suites…

Even a fried rooster dinner turns into a mode occasion when tech titans are concerned. Samsung’s Lee Jae-yong, Nvidia’s Jensen Huang and Hyundai’s Chung Euisun appeared in effortlessly subtle appears that when once more sparked a public buzz over what they put on.Samsung Electronics Chairman Lee arrived in an ash-colored blouson jacket from Lansmere, the premium, top-tier line of Samsung C&T’s vogue model Galaxy. The faux-suede outerwear, priced at 890,000 gained ($630) and splendid for the crisp fall climate, mirrored Lee’s refined but approachable model.Usually dubbed Korea’s “sellout man,” a direct translation from a Korean time period reflecting that Lee…

Once I first started contributing to The Korea Occasions within the late Nineteen Nineties, I might by no means have imagined the place that journey would take me. On the time, I used to be instructing full-time and writing within the evenings. I despatched in my first “Ideas of the Occasions” column in 1998, uncertain whether or not anybody would even discover. To my shock, it ran a couple of weeks later. Seeing my byline in print for the primary time was a thrill I’ll always remember.My early columns have been easy reflections on life in Korea — cross-cultural moments,…

As Halloween returned to Seoul on a Friday night time, recollections of the lethal Itaewon crowd crush lingered over the town’s get together districts, the place festive crowds packed Itaewon, Hongdae and different areas whereas the authorities issued security alerts and labored to handle swelling foot site visitors.Police started blocking entry to the alley behind the Hamilton Lodge, the positioning of the 2022 tragedy that killed 159 folks, and guided pedestrians via close by streets. The Yongsan District Workplace mentioned subways would skip Itaewon Station from 11 p.m. resulting from overcrowding and despatched a cell security alert round 10:30 p.m.…

Well being authorities are urging warning towards tick-borne infectious illnesses comparable to scrub typhus and extreme fever with thrombocytopenia syndrome (SFTS), which happen most steadily in Korea through the months of October and November. The chance is especially excessive through the harvest season and as outside actions like mountain climbing and tenting enhance.Scrub typhus is brought on by the chew of larval mites carrying the Orientia tsutsugamushi bacterium. In response to the Korea Illness Management and Prevention Company (KDCA), round 6,000 instances are reported every year, with infections peaking in autumn. After an incubation interval of 1 to a few…