Author: Seoul Reporter
The Seoul Reporter is an independent news platform uncovering untold stories from the heart of Korea. Our team of journalists and contributors expose corruption, highlight innovation, and bring unfiltered truth to readers worldwide from Seoul’s power corridors to its underground culture.
Nvidia has sharply reduced s long-term high-performance chip allocation to OpenAI, dropping from more than 1,000 wafers—valued at roughly $100 billion—to 300 wafers worth about $30 billion. This 70% cut in partial supply marks a major reorganization of their partnership.Strategic Shift Amid Tight SuppliesIndustry observers note the adjustment provides OpenAI wh relatively abundant supply compared to regional standards. A modest reduction in prior commments signals a step back from aggressive expansion, potentially alleviating concerns over market overheating.Recent financial analyses highlight Nvidia and OpenAI leading this week’s chip supply deals, posioning the revised quota as a competive bargain whin broader sales…
ZEROBASEONE touched down at Gimpo International Airport on February 20, concluding their overseas schedule with a smooth return to South Korea.Encore Concerts to Cap World TourThe K-pop group gears up for encore performances at KSPO DOME in Seoul’s Olympic Park, Songpa-gu, scheduled from March 13 to 15. These shows will serve as the grand finale to their world tour.Kim Tae-rae Spotted at ArrivalMember Kim Tae-rae emerged from the arrival hall, waving to fans as the group prepares for their upcoming domestic concerts.
A high-ranking Russian military officer faces charges for staging a self-inflicted gunshot wound to fraudulently claim wartime injury compensation, exposing deep corruption within the armed forces. Scheme Involves Dozens of Accomplices Konstantin Prolov, a lieutenant colonel in Russia’s 83rd Airborne Assault Brigade, allegedly orchestrated the plot to simulate a combat injury. The scheme ensnared another commander, more than 30 medics, and military doctors, according to investigative findings. Russia’s Investigative Committee reports the fraud caused financial losses exceeding 200 million rubles, equivalent to roughly $2 million. Widespread Military Corruption Commanders routinely demand bribes from soldiers in exchange for leave approvals. Many…
HYBE has appealed a first-instance court ruling that mandates payment of 25.5 billion won to former ADOR CEO Min Hee-jin for exercising a put option on company shares. The entertainment giant also filed a request to suspend enforcement of the decision pending the appellate outcome.Appeal Filed in Seoul CourtCourt records show HYBE submitted the appeal to the Seoul Central District Court’s Civil Agreement 31st Division, which handles re-examination cases. The company seeks to block execution of the lower court’s order until a higher court rules on the matter.Origins of the Put Option DisputeFinancial regulators announced on the 12th that HYBE…
A South Korean court has finalized an 11-year prison term for a dormitory superintendent convicted of beating a 10-year-old boy to death with a baseball bat. The ruling marks the longest sentence for such an offense at the facility, where the woman served as chief of a child dormitory at a university in Adong. History of Repeated Abuse The woman had warned the boy multiple times about making noise, even outside school hours. She previously beat him twice without consequences, ignoring his pleas. Sources confirm she grabbed him by the collar during arguments and continued the assaults despite his apologies.…
South Korean courts have closely examined former President Yoon Suk-yeol’s full statement delivered at 1 a.m. on December 3 during the martial law declaration. Yoon linked the action to the December 3 emergency measures, stating that operations to appoint a chief of staff had been explored and rejecting claims of directives to “drag intentions from National Assembly seats.” Judges interpret this as not amounting to “national destruction rhetoric.”Judicial Review of Key CommunicationsSeoul Central District Court Criminal Division 25, presided over by Judge Ji Gwi-yeon, evaluated statements from Yoon’s chief of staff, first chief of staff vehicle personnel, and special research…
Jeong Cheong-rae, floor leader of the Democratic Party, declared on February 20 that curbing speculative demand from multi-homeowners is crucial to dismantling the “real estate republic” and easing citizens’ housing anxieties.Targeted Message to Party LeadershipThis pointed message targets Lee Jae-myung, the party leader steering major housing policies. Jeong emphasized that the largest speculators—multi-homeowners—must face direct action.During a recent National Assembly plenary session, Jeong noted that Lee Jae-myung advocates for comprehensive real estate controls and bold implementation measures.Past Failures and Urgent ReformsJeong highlighted previous missteps: “Supply-side concerns prompted excessive housing services, fueling massive waves where speculators captured all gains without restraint.”He…
Seoul Mayor Oh Se-hoon kicked off a series of book concerts on Saturday at the Youth Culture Center JU in Mapo-gu’s vibrant Hongdae district. The events, held in three sessions at 10:30 a.m., 1 p.m., and 3 p.m., position residents as ‘system designers’ shaping the city’s operational framework. Event Focuses on Policy Priorities During the book concerts, the mayor highlights the urgency of clear policy priorities amid the election season. He draws from past initiatives, including discussions at the Dongdaemun Design Plaza (DDP) construction briefing. There, merchants from Noh Rangwa and Seongsu-dong shared insights on shifting population and business trends,…
Hanwha Eagles infielder Oh Jae-won, 19, completed the Incheon spring camp and departed for Japan on January 23. Currently serving as the starting shortstop, he carries high expectations as the team’s top rookie prospect. Overcoming Inexperience with Strong Fundamentals The Hanwha lineup lacks seasoned central players, with foreign signings filling key roles. Oh Jae-won stepped up amid this setup, even prompting trade considerations for the center field position before settling on him. In high school, the three-year standout delivered standout performances, posting a .463 average over 30 games (105 at-bats, 46 hits) and a 1.195 OPS (on-base plus slugging). During…
In the latest episodes of the tvN drama Our Universe, Park Seo-ham delivers a compelling performance as Park Eun-seong, showcasing intricate emotional shifts amid evolving relationships. Emotional Turmoil and Hidden Affections Park Eun-seong learns from Woo Hyun-jin (No Jung-eui) about her cohabitation with Seon Tae-hyeong (Bae In-hyuk), sparking complex feelings. While masking her true emotions behind a facade of maturity and rationality, Eun-seong reveals glimpses of vulnerability tied to her youthful past. After discovering details about Woo-joo (Park Yoo-ho)’s history, Eun-seong subtly expresses care for Hyun-jin. She prepares thoughtful meals featuring fresh seafood, pasta, and custom requests at restaurants to…