Author: Seoul Reporter

[ad_1] Silicon carbide (SiC) wafers for electrical automobiles (EV). (Supply: Reuters) One other battleground within the semiconductor hegemony competitors is opening up. Following ‘system semiconductors’ dominated by U.S. firms like Nvidia and ‘reminiscence semiconductors’ led by Korea’s Samsung Electronics and SK Hynix, the main target has now shifted to ‘energy semiconductors.’ Energy semiconductors, that are important parts in electrical automobiles, skilled a brief slowdown because of the electrical car chasm (demand stagnation), however inter-country competitors is intensifying because the significance of expertise safety within the synthetic intelligence (AI) period involves the forefront. On the ‘Worldwide…

[ad_1] Three Chinese language astronauts had been caught aboard the Tiangong house station this month when their return craft sustained broken. They ultimately made it house on the car that introduced up their replacements — leaving the following trio of astronauts in the identical predicament. They’re removed from alone: Russian and U.S. spacefarers have additionally been delayed in house in recent times, for months at a time. [ad_2]

[ad_1] The variety of infants born in Korea elevated for the fifteenth month straight in September, largely on account of a rise in marriages, information confirmed Wednesday.A complete of twenty-two,369 infants have been born in September, up 8.6 % from 20,589 infants born the identical month final 12 months, in accordance with the info from the Ministry of Knowledge and Statistics. The variety of newborns has been on an upward development since July 2024.September’s beginning determine is the very best for any September since 2020, when 23,499 infants have been born.A complete of 191,040 infants have been born between January…

[ad_1] Naver Monetary, the fintech subsidiary of Korea’s main portal operator Naver, on Wednesday determined to accumulate Dunamu, the operator of the nation’s largest cryptocurrency change Upbit, as a completely owned subsidiary, the corporate stated.Naver Monetary’s resolution to accumulate Dunamu in a share-swap deal was authorised at a board assembly, the corporate stated in a regulatory submitting. Every Dunamu share can be exchanged at 2.54 shares in Naver Monetary.The choice was reached to ensure that Naver Monetary to “safe new future development engines primarily based on digital property,” Naver Monetary stated.Upbit is the nation’s No. 1 and the world’s fourth-largest…

[ad_1] Regardless of the Ministry of Financial system and Finance, Financial institution of Korea, and Nationwide Pension Service holding coverage conferences extra substantial than verbal intervention, the won-dollar change fee has not stabilized considerably. Market specialists interpret that the present change fee instability stems from basic financial provide development pace that goes past December Federal Reserve rate of interest reduce debates, Asian forex weak point, and precise greenback demand from home abroad funding will increase. The strongest proof for change fee instability is confirmed within the cash provide indicator (M2). Korea’s present M2 development fee is roughly 9.1%,…

[ad_1] Apple is projected to overhaul Samsung Electronics and declare the place of world’s largest smartphone producer for the primary time in over a decade, pushed by the recognition of the iPhone17 collection. Market analysis agency Counterpoint Analysis lately reported that Apple is anticipated to rank first in international smartphone market gross sales (shipments) this 12 months with a 19.4% market share, Bloomberg reported on Nov. 25 (native time). This outcomes from iPhone shipments rising 10% this 12 months, whereas Samsung Galaxy smartphones are anticipated to develop solely 4.6% throughout the identical interval. …

[ad_1] HONG KONG — 13 individuals have been killed in a fireplace that unfold throughout seven high-rise house buildings in a Hong Kong housing advanced, and others have been nonetheless trapped, the town’s hearth companies stated Wednesday.9 individuals have been declared lifeless on the scene and 4 others who have been despatched to the hospital have been later confirmed lifeless, authorities informed reporters. No less than 15 others have been injured.About 700 individuals have been evacuated to short-term shelters.The raging hearth despatched up a column of flames and thick smoke because it unfold shortly on bamboo scaffolding and building netting…

[ad_1] The variety of Koreans relocating to new houses fell to the bottom stage in 51 years for any October, partly because of the Chuseok vacation and sluggish housing transactions, information confirmed Wednesday.Round 442,000 folks modified residences final month, down 15.2 p.c from a 12 months earlier, in response to information from the Ministry of Knowledge and Statistics.This marks the bottom October determine since 1974, when 410,000 folks moved.Inhabitants mobility has usually been declining over the long run because of an ageing and shrinking inhabitants. Brief-term developments are additionally influenced by housing transactions and the availability of recent flats.”Inhabitants mobility…

[ad_1] President Lee Jae Myung speaks at a joint press convention with Turkish President Recep Tayyip Erdoğan following their summit in Ankara, Turkey, on Nov. 24, 2025. (Yonhap) South Korean President Lee Jae Myung boarded a airplane certain for Seoul on Tuesday, the ultimate day of his go to to Turkey after a 10-day, four-nation tour across the Center East and Africa. After the Group of 20 summit in Johannesburg, South Africa, Lee jetted off to the Center East to assist Korea broaden its attain in strategic industries corresponding to nuclear power, nationwide protection, and AI. On the similar time, he…

[ad_1] Amar Gill, secretary normal of the Asian Company Governance Affiliation (ACGA) / Courtesy of ACGAFew years have been as exceptional for the KOSPI as 2025. The index started the 12 months at 2,398.94, grappling with the political fallout from a failed martial legislation declaration, and has since surged by about 60 p.c — making it the best-performing benchmark amongst G20 markets this 12 months.Driving the rally is an unprecedented synthetic intelligence (AI) increase, benefiting Samsung Electronics and SK hynix, two of KOSPI’s largest market-cap constituents.Additionally enjoying a big position is the federal government’s push to enhance company governance —…