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Seoul · SeoulSK hynix, the world's second-largest memory chip maker, said Wednesday it will expand the production capacity of next-generation DRAM, including High Bandwidth Memory, which is critical to generative artificial intelligence tools, in response to rapidly increasing demand for AI chips. The decision came as the board of directors approved the plan during a meeting held later in the day to build the M15X fab in Che...See the Story
SK hynix pledges W20tr to ramp up DRAM production at home
100% Right coverage: 1 sources
Seoul · SeoulNicaragua has decided to close its embassy in South Korea, primarily citing financial difficulties as a major reason, the Foreign Ministry in Seoul confirmed Wednesday, after the Central American country announced a plan to establish a new embassy in North Korea last year. "The Nicaraguan government has recently informed our government of its decision to close its embassy in South Korea due to worsening financial conditions," a senior Foreign Mi…See the Story
Nicaragua shuts down Seoul embassy
100% Right coverage: 1 sources
Seoul · SeoulIt was almost a decade ago that the Kukje Gallery brought dansaekhwa artists to the Venice Biennale, a watershed moment for Korean contemporary art as it came under the global spotlight with the artists garnering international recognition. Lee Hyun-sook, founder of the Kukje Gallery, recalled why she pushed for the exhibition at the time – to present the authenticity of Korean art. The biennale’s collateral exhibition “Dansaekhwa” in 2015 showed…See the Story
[Herald Interview] Kukje Gallery's Lee Hyun-sook brings Korean artists to Venice Biennale
100% Right coverage: 1 sources
Yoon Seok-Yeol · SeoulPresident Yoon Suk Yeol named aerospace engineering professor Yoon Young-bin as the inaugural administrator of the Korea AeroSpace Administration (KASA), set to commence operations on May 27.See the Story
Aerospace professor, ex-NASA executive to lead inaugural Korean space agency
Coverage: 2 sources
Seoul · SeoulThe Seoul Metropolitan Government announced a set of plans on Wednesday to build a floating office and hotel buildings and create water sports facilities on the Han River by 2030. The recent announcement is part of the city's Great Han River Project, which was first unveiled in March 2023. This initiative seeks to enhance the river's use, improve the quality of life for its visitors, and develop infrastructure to broaden the range of activities …See the Story
Seoul to build floating facilities on Han River by 2030
100% Right coverage: 1 sources
Stock Markets · SeoulSouth Korean stocks soared 2 percent Wednesday as tech, secondary battery and other market heavyweights rallied following overnight gains on Wall Street. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index climbed 52.73 points, or 2.01 percent, to 2,675.75. Trade volume was moderate at 319 million shares worth 10.06 trillion won ($7.34 billion). Winners outpaced losers 610 to 270. Institutions and foreign i…See the Story
Seoul shares jump 2% on rally in techs, batteries
100% Right coverage: 1 sources
K-Pop · SeoulStray Kids uploaded a teaser photograph for upcoming digital single Wednesday. The band of eight gazed into the camera exuding calm energy for much-hyped single “Lose My Breath,” a collaboration with Charlie Puth. The producing trio within the band – of Bangchan, Changbin and Han – participated in writing the song as it has for all lead singles since its debut in 2018. The digital single will be unveiled on May 10. Separately, the band’s “Why?,”…See the Story
[Today’s K-pop] Stray Kids float teaser for Charlie Puth collaboration
100% Right coverage: 1 sources