(Photo=South Korea’s National Pension Service) South Korea’s National Pension Service, the country’s mandatory public retirement system for most workers and one of the world’s largest institutional investors, is now projected to last five years longer than previously expected after record investment gains lifted its assets to about $950 billion. The National Pension Service collects contributions from workers and employers, invests

(Photo=Hyundai Motor Group) Genesis, the luxury vehicle brand of South Korean auto giant Hyundai Motor Group, completed this year’s 24 Hours of Le Mans in France, using one of motorsport’s most demanding races to support its push into the global high-performance luxury market. Competing in the top-tier Hypercar class on June 13 and 14, Genesis finished 13th after completing 372

(Photo=(left)LG, (right)Samsung) Samsung Electronics and LG Electronics spent decades fighting for space in kitchens, laundry rooms and living rooms. Now the two South Korean technology giants are trying to own the home before the refrigerator or washing machine ever arrives. The companies are pushing into AI-powered modular housing, a move that shows how the appliance business is changing as growth

Photo=Democracy party South Korean President Lee Jae Myung met with Samsung Electronics Executive Chairman Jay Y. Lee to discuss expanding semiconductor investment beyond the Seoul metropolitan area, as the government prepares to unveil a nationwide regional development strategy built around advanced chip manufacturing and artificial intelligence, according to industry officials on June 25. The two met for more than an

(Photo=SK Hynix) South Korea’s two biggest memory-chip makers are tightening their grip on the global semiconductor supply chain, reinforcing the country’s role as a critical supplier to the artificial-intelligence boom reshaping the U.S. technology industry. Samsung Electronics, South Korea’s largest technology company and the world’s biggest memory-chip maker, held 38% of the global DRAM market by revenue in the first