1 out of 3 domestic electric vehicles in first half of the year is Chinese-made... imported vehicles rank first in market share
In the first half of this year, one out of every three electric vehicles sold domestically was produced in China. Analysis suggests that the influx of Tesla's Chinese-made vehicles combined with aggressive market strategies by Chinese brands such as BYD and Polestar are shaking up the landscape of Korea's imported vehicle market.
2026.08.05
July DRAM and NAND Prices Hit Record Highs as Memory Supply Shortage Intensifies
Driven by surging artificial intelligence (AI)-related demand, the monthly average prices of memory semiconductors—DRAM and NAND flash—have reached record highs once again. As production capacity concentrates on server products, the shortage of legacy memory is expected to persist, with forecasts indicating continued price increases for PC DRAM throughout the third quarter.
2026.08.03
Femtocell Hacking Scandal, KT Fined 54 Billion Won
KT has been fined approximately 54 billion won by the Personal Information Protection Commission following a massive personal data breach and unauthorized micro-payment damages caused by illegal femtocells (small cell base stations). The Personal Information Protection Commission decided to refer KT for investigation obstruction after confirming that the company deleted logs following the incident and made false statements during the investigation process.
2026.07.30
Middle East Risk Resurfaces, Cooling Corporate Sentiment...August BSI Retreats to 89.9
Companies' perceived economic conditions have cooled again due to rising tensions in the Middle East region. The index has fallen to the 80s, below the baseline, for the first time in three months since May, deepening concerns in the business sector.
2026.07.28
Red Apples at the Height of Summer: Can 'Anthocyanin' Overcome High Temperature Limits?
Currently, the Gyeongnam Provincial Agricultural Research and Extension Services' Apple Research Institute is concentrating its research capabilities on developing summer apple varieties that ripen red even in high temperatures, in order to turn consumers' long-cherished desire to enjoy beautiful red apples even in the height of summer into reality. The domestic apple market in summer is dominated by green-skinned varieties such as 'Summer King', 'Summer Prince', and 'Tsugaru', which are harvested starting in July. However, the market demands red
2026.07.27
Truck Evading Coast Guard Enforcement Plunges into Gunsan Sea with 'Splash'
In the early morning hours, a refrigerated truck fell into the sea in a dramatic accident resulting from a collision between the Coast Guard attempting to crack down on illegal trafficking of blue crabs during the closed season at a wharf in Gunsan, Jeollabuk-do, and the suspect vehicle. The Gunsan Maritime Police Station received intelligence on July 27, 2026, at approximately 4:05 a.m. that illegal trafficking of blue crabs during the closed season was taking place at Jangja Island Wharf in Gunsan, Jeollabuk-do, and launched a detailed covert investigation. In the early morning darkness that had not yet fully cleared,
2026.07.27
Nvidia Becomes Naver's Third-Largest Shareholder...Naver Stock Surges 10%
Nvidia invested $1 billion (approximately 1.466 trillion won) to acquire a 4.5% stake in Naver, becoming its third-largest shareholder. The two companies have decided to actively pursue an AI Factory (data center) construction project worth up to $10 billion, causing Naver's stock to surge more than 10% during intraday trading.
2026.07.27
SK Innovation gifts 20,000 books to rural areas...nurturing the future
SK Innovation is carrying out the '2026 Children's Book Dream Project' to support the futures of children in rural and fishing village areas, having provided over 20,800 books cumulatively to date and greatly contributing to fostering their dreams. This project is a key component of the 'Happy Dream Library' initiative that SK Innovation has been steadily promoting since 2024 in partnership with Kyobo Book Centre and Save the Children. SK Innovation is committed to supporting children in rural and fishing village areas
2026.07.27
'Record-breaking heat wave and power shortage' Busan, Mayor Jeon Jae-su launches 'all-out field response'
Busan City launched a comprehensive response on the afternoon of July 27, 2026 today, simultaneously inspecting vulnerable population protection sites and the power supply control tower to protect citizens from record-breaking heat waves and secure stable power supply. Busan Mayor Jeon Jae-su personally visited key sites this afternoon to inspect measures to protect vulnerable populations from heat waves and the summer power supply response system. This comes as summer heat waves and power
2026.07.27
Seoul National University and Nvidia Join Hands in 'Physical AI'...Opening a Golden Future
Seoul National University, the nation's leading research institution, has joined forces with Nvidia, the global AI leader, to open a new chapter in strengthening South Korea's AI competitiveness in the 'Physical AI' field. Seoul National University officially announced on July 24, 2026 that it is pursuing a joint research partnership with Nvidia in cutting-edge technology fields including Physical AI and robotics. Both parties aim to establish a 'Seoul National University-Nvidia Physical AI Joint Lab (collaborative research facility)
2026.07.25
Nol Universe 'NOL Live' on the 27th: 25 Works at 64% Discount
Nol Universe (CEO Lee Chul-woong), South Korea's leading leisure platform, is presenting a total of 25 works including musicals and exhibitions for children and family customers through 'NOL Live' at up to 64% discounted prices, significantly lowering the barrier to summer cultural activities. On the 27th, Nol Universe will showcase musicals such as 'The Story of Under the Sea' and 'The 100-Story House in the Forest' through the live commerce broadcast 'NOL Live'
2026.07.24
SK Inc. divests SK Signet with 20% stock premium—'responsible management'
SK Signet, which had long been mired in losses, is finally leaving SK Inc.'s portfolio. SK Inc. announced today (the 24th) a sudden decision to delist its subsidiary SK Signet and divest it, taking a dramatic step of initiating a public share buyback at a price 20% higher than market value to protect minority shareholders. SK Inc. has begun a public share buyback for SK Signet minority shareholders listed on KONEX. The buyback price is
2026.07.24
Personal Information Protection Commission Imposes 10.558 Billion Won Fine on TikTok and Apple
The Personal Information Protection Commission has imposed sanctions totaling approximately 10.5 billion won on TikTok and Apple for collecting users' personal information without lawful grounds and transferring it overseas. The commission has also decided on corrective orders and publication orders, announcing its policy to strengthen protection of domestic users' right to self-determination regarding personal information.
2026.07.23
First 'Exomoon' Detected 87 Light-Years Away...'Neither Planet nor Moon?'
Humanity has taken another step in broadening its understanding of the universe. A candidate exomoon discovered for the first time beyond the solar system is shaking up the existing cosmic classification system and raising new scientific questions. An international research team announced the discovery of the first candidate exomoon beyond the solar system in the CD-35 2722 system, 87 light-years away from Earth. In particular, this system has a central star that is 40% the mass of the sun and Jupiter mass
2026.07.23
Fair Trade Commission Takes First Action Against EduPlex's 'Loophole' Ad Cost Shifting…Why the Fine?
NextCube Corporation, which circumvented the obligation to obtain consent from more than 50% of franchise owners through subtle methods while shifting advertising costs, faced the Fair Trade Commission's sanctions. This marks the first enforcement case since the introduction of the 'pre-advertising consent system' in January 2022, sending a strong warning about franchise headquarters' unilateral practice of cost-shifting. NextCube Corporation, which operates the educational learning service 'EduPlex,' from November 2022 to 20
2026.07.22
Samsung unveils three foldable models for the first time... challenges Meta with 'AI eyes' smart glasses
Samsung Electronics is opening a new chapter in artificial intelligence (AI) and extended reality (XR) device markets at the 'Galaxy Unpacked 2026' event held in London, UK today (22nd), establishing a three-model foldable phone lineup and unveiling its first smart glasses. At the Unpacked event held this evening local time (10 p.m. Korea time), Samsung Electronics will introduce the 'Galaxy Z Fold 8', 'Galaxy Z Fold 8 Ultra', and 'Galaxy Z Flip 8' foldable
2026.07.22
'AI for All' Launches at Breakneck Speed... Concerns Mount Over 'Year-End Deadline' Despite 512 GPUs
The government has launched the 'AI for All' project in earnest, promising free AI services to all citizens within the year. However, the domestic AI industry is showing deep concerns about practical obstacles including the breakneck development schedule, uncertain operating costs, and evaluation standards that may be biased toward large platforms, despite opportunities from Nvidia GPU support and securing a massive user base. The Ministry of Science and ICT and the Korea IT Industry Promotion Agency (NIPA) announced today (22nd)
2026.07.22
LG Display Records Q2 Operating Loss, Yet Achieves Dramatic First-Half Turnaround with Profit in 5 Years
Despite posting an operating loss of 107.7 billion won in the second quarter of 2026, LG Display achieved a first-half profit of 39 billion won—marking its first earnings in the first half since 2021 in five years amid seasonal off-season and one-time expenses, signaling a recovery in the display industry. LG Display announced on the 22nd that it recorded an operating loss of 107.7 billion won in the second quarter of 2026, compared to a loss of 116 billion won in the same period last year.
2026.07.22