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.
[ad_1] SK hynix, a number one excessive bandwidth reminiscence (HBM) chipmaker, mentioned Wednesday it launched an HBM chip-shaped snack in collaboration with comfort retailer chain 7-Eleven.The snack, referred to as Honey Banana Mat HBM Chips, is now out there at 7-Eleven shops nationwide, the corporate mentioned. Mat is the Korean phrase for “taste.”The sq. corn chips are designed to resemble semiconductor chips and are coated with honey- and banana-flavored chocolate.The corporate additionally plans to launch HBM-themed character figures subsequent month, that includes humanoids powered by HBM chips.SK hynix mentioned the undertaking is meant to assist customers really feel extra acquainted…
[ad_1] Minister of Commerce, Business and Vitality Kim Jung-kwan (first from proper) and U.S. Secretary of Commerce Howard Lutnick mentioned on tariff and financial cooperation on July 24. (Picture supplied by Ministry of Commerce, Business and Vitality) The Korea-U.S. Strategic Funding Fund and the Korea-U.S. Strategic Funding Company shall be established to implement a complete of $350 billion in investments to the USA. The Ministry of Commerce, Business and Vitality introduced on Nov. 26 that it despatched a letter below the identify of the Minister of Commerce, Business and Vitality to the U.S. Secretary of…
[ad_1] The employment price for these aged 65 and over stood at 37.3 %, far exceeding the OECD common of 13.6 %. South Korea’s aged are working till later in life and present the very best employment price amongst member international locations of the Group for Financial Cooperation and Improvement (OECD). Nevertheless, an evaluation means that this excessive employment price is pushed primarily by subsistence-based labor to safe dwelling bills fairly than by “the enjoyment of working.” Based on the Nationwide Pension Analysis Institute’s report titled “The Nationwide Pension and Labor Provide Among the many…
[ad_1] The state arms procurement company mentioned Wednesday it has signed a preliminary settlement to enhance testing of unmanned floor autos (USVs) amid rising use of such fight methods in future maritime warfare.The Protection Acquisition Program Administration inked the memorandum of understanding (MOU) with the Company for Protection Growth and the Korea Institute of Ocean Science and Know-how to develop goal testing capabilities for unmanned methods.Beneath the settlement, the companies agreed to share gear wanted for assessments and evaluations of USVs, conduct joint analysis to arrange standards for the assessments, and supply coaching to related employees.Unmanned maritime methods have confirmed…
[ad_1] The imbroglio between Japan and China, instigated by Japanese Prime Minister Sanae Takaichi’s remarks a few disaster in Taiwan, has made me understand one thing, or moderately the absence of one thing — that’s, the US. In a report on Saturday, Japanese each day newspaper the Asahi Shimbun interpreted the bizarre phrase “as instructed” (fengshi, 奉示) in a press release by China’s Ministry of International Affairs on Nov. 14 to imply that China’s present hard-line response is being directed by none aside from China’s paramount chief, Xi Jinping.The primary sentence of the doc launched by the Chinese language International Ministry…
[ad_1] Kim Ji-hoon, 41, an workplace employee in Seoul, says he couldn’t assist however really feel speechless on the information in regards to the nation’s state-paid month-to-month subsidy for the poorest households exceeding the Nationwide Pension Service (NPS)’s common month-to-month payout.“I’ve been paying a month-to-month NPS premium for 17 years, since I started my job at an organization in Seoul,” he stated. “The information I would obtain lower than somebody who paid nothing in any respect was unsettling to place it mildly.”Kim stated he has nothing in opposition to authorities welfare packages designed to guard society’s most weak.Nonetheless, he expressed…
[ad_1] Actor-director Ha Jung-woo is understood not just for his commanding display screen presence but in addition for his rising confidence behind the digicam, solidifying his place as one of many main figures in Korean cinema. His newest challenge, “The Folks Upstairs,” showcases either side of his expertise as he directs and stars in a movie that provides a surprisingly frank and humorous exploration of life collectively as a married couple.Tailored from the 2020 Spanish movie “Sentimental,” the 47-year-old takes on the roles of screenwriter, director and actor on this challenge. Ha mirrored on how his earlier directorial roles in…
[ad_1] New KT Wiz pitcher Caleb Boushley indicators his contract with the Korea Baseball Group membership, Wednesday. Courtesy of the KT Wiz The KT Wiz introduced their signing of former main league pitcher Caleb Boushley on Wednesday.The Wiz mentioned the 32-year-old right-hander agreed to a one-year contract value as much as $1 million. He’ll make $900,000 in assured cash, together with a signing bonus, and might earn one other $100,000 in incentives.Drafted by the San Diego Padres in 2017, Boushley made his main league debut in 2023 with the Milwaukee Brewers.After showing in two video games for the Minnesota Twins…
[ad_1] Democratic Get together of Korea lawmakers submit the invoice on Particular Act for Korea-U.S. Strategic Funding Administration to the Legislative Payments Workplace on the Nationwide Meeting in Seoul, Wednesday. Joint Press CorpsKorea’s ruling occasion submitted a invoice on Wednesday to determine a state-run funding company and fund to handle a deliberate $350 billion funding in america, desiring to cement a serious financial settlement reached on the summit between Seoul and Washington final month. By means of the invoice, the Democratic Get together of Korea (DPK) and the federal government search to retroactively apply the deliberate discount in U.S. tariffs…
[ad_1] Innisfree franchisees stage a protest in entrance of Amorepacific’s headquarters in Seoul’s Yongsan District, Wednesday, demanding that the corporate cease giving extreme advertising and marketing advantages to multi-brand procuring channels that promote Innisfree merchandise, which they are saying is hurting their offline gross sales. Courtesy of the Innisfree Franchisees’ UnionMain magnificence firm Amorepacific confronted an offended group of Innisfree franchisees on Wednesday, because the model’s struggling sellers blamed the corporate’s flawed advertising and marketing for his or her declining gross sales.Some 70 franchisees protested in entrance of Amorepacific’s headquarters in Seoul’s Yongsan District, demanding that the corporate present extra…