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Semiconductor chips shortage and high price. Pile of computer chips and spreadof US dollars. Concept for crisis in the industry in the United States.

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Kakao Mobility’s Robotaxi Service Tops 1,000 Paid Rides as AI Push Accelerates

Kakao Mobility’s Robotaxi Service Tops 1,000 Paid Rides as AI Push Accelerates

Photo=Kakao Mobility Kakao Mobility, South Korea's largest mobility platform and the operator of the Kakao T ride-hailing app, surpassed 1,000 paid rides on its autonomous taxi service by the end of June, just over two months after launching commercial operations on April 6, 2026, marking an early milestone as the company expands its robotaxi business and invests in next-generation artificial

Aug 3 2026
09:00 AM PST
South Korea Approves High-Speed Rail Merger, Promising Lower Fares and More Service

South Korea Approves High-Speed Rail Merger, Promising Lower Fares and More Service

Photo=Korail South Korea approved the merger of its two high-speed rail operators on August 2, clearing the way for a unified KTX network that will cut fares, expand seating capacity and increase train frequencies beginning in September. The Korea Fair Trade Commission (KFTC) said it approved Korea Railroad Corp.'s acquisition of SR Corp., concluding that the transaction is unlikely to

Aug 3 2026
08:00 AM PST
Hanwha Reshapes Leadership as South Korean Conglomerate Expands in Defense, Aerospace and Strategic Industries

Hanwha Reshapes Leadership as South Korean Conglomerate Expands in Defense, Aerospace and Strategic Industries

Hanwha Group is accelerating its transformation into a global strategic industries company, reshaping its leadership structure as South Korea’s defense, aerospace and energy sectors gain greater importance amid rising geopolitical competition and supply chain shifts. The South Korean conglomerate promoted Kim Dong-kwan, the eldest son of Chairman Kim Seung-youn, to senior vice chairman as part of a broader executive overhaul

Aug 2 2026
10:00 AM PST
South Korea, Chile Move to Upgrade Trade Pact, Expand Critical Minerals Cooperation

South Korea, Chile Move to Upgrade Trade Pact, Expand Critical Minerals Cooperation

Photo=instagram South Korean President Lee Jae Myung said on July 30 that South Korea and Chile agreed to modernize their bilateral free-trade agreement and revive a joint trade committee, as the two countries seek closer cooperation in critical minerals, energy and advanced manufacturing. Following a summit with Chilean President José Antonio Kast, Mr. Lee said the two governments would restart

Aug 1 2026
11:00 AM PST
LG Electronics Moves Into AI Infrastructure as South Korea’s Tech Giant Looks Beyond Consumer Electronics

LG Electronics Moves Into AI Infrastructure as South Korea’s Tech Giant Looks Beyond Consumer Electronics

(Photo=LG Electronics) The artificial intelligence boom is creating a new race beyond chips and software: building the infrastructure needed to power and manage increasingly demanding AI systems. South Korean technology company LG Electronics is seeking a role in that race by expanding into AI data center solutions and robotics while using the strength of its traditional electronics businesses to support

Aug 1 2026
09:00 AM PST