Author: Seoul Reporter

The worldwide tech trade is paying eager consideration to Nvidia’s upcoming earnings report, as it’s anticipated to be the bellwether for Samsung Electronics, SK hynix and different home semiconductor corporations’ methods for increasing their capability.Trade officers say the announcement can be essential to verifying whether or not the present funding frenzy over synthetic intelligence (AI) is overhyped. Relying on the announcement, the present money stream between Nvidia and hyperscale information middle operators could possibly be affected, doubtlessly main chipmakers to evaluate the tempo of their fab growth plans.U.S.-based Nvidia is about to announce its 2026 third quarter earnings on Wednesday…

The latest tariff settlement with the US has considerably decreased financial uncertainty for Korea, although the nation is predicted to face a better tariff impression on exports within the second half, the chief of the Korean central financial institution has stated.”We consider that the commerce deal between Korea and the US has considerably decreased uncertainties,” Financial institution of Korea (BOK) Gov. Rhee Chang-yong informed the BBC in an interview aired Tuesday.”It will be very constructive if we might develop joint ventures that mix the U.S.’ strengths in fundamental science with Korea’s strengths in manufacturing and utilized applied sciences,” he added.After…

South Korea has secured a sweeping victory in its decades-long dispute with Lone Star Funds after a world tribunal annulled a 2022 ruling that had ordered Seoul to pay greater than $230 million to the Dallas-based non-public fairness agency.The newest resolution, issued by an annulment committee on the Worldwide Centre for Settlement of Funding Disputes (ICSID), wipes out the Korean authorities’s legal responsibility and stands as one of many rarest outcomes in investor-state arbitration.Prime Minister Kim Min-seok introduced on Tuesday in Seoul that the ruling was delivered early Monday morning, Washington time, fully canceling the earlier award, together with curiosity.…

The Navy and Marine Corps have launched joint touchdown drills within the southeastern port metropolis of Pohang, North Gyeongsang Province, at the side of the navy’s annual Hoguk protection train, the armed companies mentioned Tuesday.Some 2,400 troops from the Navy, the Marine Corps in addition to the particular warfare command and drone command have been deployed for the six-day train that runs by way of Thursday, they mentioned.About 20 vessels in addition to 15 KAAV amphibious assault automobiles and 6 MUH-1 Marineon helicopters have been additionally deployed.Along with the touchdown drills, collaborating troops can even participate in varied sorts of…

Gen. Xavier Brunson, the commander of US Forces Korea, speaks to reporters throughout a press convention at Camp Humphreys in Pyeongtaek, on Aug. 8, 2025. (courtesy of USFK) On Monday, Gen. Xavier T. Brunson, the commander of US Forces Korea, burdened the geopolitical significance of the Korean Peninsula for countering the specter of China and Russia, mainly calling on Korea to function an outpost for preserving American hegemony.The USFK commander additionally emphasised the benefits of collaboration between Korea, Japan and the Philippines, which might transcend the US’ present trilateral navy cooperation with Korea and Japan.Maybe the US views the Korean…

Park Jeong-won (left), chairman of Doosan Group, listens to explanations from Scott Park, vice chairman of Doosan Bobcat, whereas aboard a brand new mini excavator product that serves as Doosan Bobcat’s foremost providing within the European market throughout Bauma 2025 held in April this yr. (Picture courtesy of Doosan Bobcat) Doosan Bobcat has established an area subsidiary in Germany in a transfer to focus on the European market that has emerged as a blue ocean. The corporate established Doosan Bobcat Germany Frankfurt Restricted Co. in Germany final month. The institution of a German company is aimed toward increasing its affect…

ABU DHABI — President Lee Jae Myung held summit talks with United Arab Emirates (UAE) President Mohammed bin Zayed Al Nahyan on Tuesday to debate strategic cooperation within the areas of protection, superior applied sciences and power.Lee attended an official welcoming ceremony on the presidential palace in Abu Dhabi, which will likely be adopted by a ceremony to trade memorandums of understanding, together with within the synthetic intelligence, renewable power, aerospace and cultural sectors.In a written interview with UAE newspaper Aletihad, Lee stated he hopes his go to will lay the inspiration for a “new centennial part” in bilateral ties…

Russia’s spy businesses and Western safety providers are engaged in a secret wrestle to realize custody of a Russian operative suspected of coordinating assaults final yr that prompted air cargo packages to burst into flames in Europe, in response to safety officers and investigators from 5 Western nations.

Former President Moon Jae-in has launched a e book channel on YouTube, the place he’ll recurrently seem to introduce and discuss books of his selection, the net video-streaming service confirmed Tuesday.Moon, who led Korea from 2017-2022, appeared on “Pyeongsan Bookstore TV,” and beneficial a number of books, together with a poetry assortment for youngsters.The video footage, uploaded Monday, had hit greater than 35,000 views as of late Tuesday afternoon.After leaving workplace, Moon opened Pyeongsan Bookstore close to his residence in Yangsan, South Gyeongsang Province, the place he works because the bookstore’s keeper.Moon is anticipated to look on the YouTube channel…

Medium-sized firms in Korea on Tuesday signed export offers and memorandums of understanding (MOUs) price a mixed $16.3 million at an export promotion marketing campaign hosted by the Korea Commerce-Funding Promotion Company (KOTRA), the occasion organizer mentioned.The offers had been signed on the “world join” occasion organized for medium-sized corporations right here, in accordance with KOTRA, which collectively hosted the marketing campaign with the Ministry of Commerce, Business and Sources.Tuesday’s occasion was attended by round 100 world firms, together with U.S. chip large Intel, Thai retailer CP Axtra and Indonesian meals firm Sukanda Djaya.KOTRA mentioned the occasion was a part…