Image: THE ELEC (EN) (original article) Youngwoo DSP, a South Korean equipment maker best known for display inspection tools, is now testing its semiconductor packaging …
At the Sept. 12 BRICS summit in New Delhi, member states led by China and Russia adopted a joint declaration opposing what they call unilateral sanctions that violate international law and urging restraint in Middle East conflicts. The bloc (Brazil, Russia, India, China, South Africa) positions itse
President Lee Jae Myung addressed concerns about rising oil prices as Middle East tensions escalate. South Korea imports nearly all its oil and faces potential price shocks from supply disruptions. The government monitors fuel costs closely because they ripple through transportation, electricity, an
South Korea's government and tech sector are shifting focus to AI infrastructure—GPU capacity, AI data centers, and network connectivity—as the next frontier of AI competitiveness beyond data and models. As AI services move from research to commercial deployment, hardware and backbone infrastructure
U.S. core consumer prices (excluding energy and food) climbed faster than forecast in August, strengthening bets that the Federal Reserve will raise interest rates at next week's policy meeting. Higher U.S. rates typically strengthen the dollar and raise borrowing costs for Korean importers and over
The newly merged Jeollanam-do-Gwangju region won a national talent development grant to train 2,800 workers in renewable energy and grid technology through 2030. Benefits regional university graduates and manufacturing workers seeking careers in clean energy; part of Seoul's push to reduce regional
South Korea's presidential office condemned a North Korean missile test as breaching UN sanctions. No direct economic impact on Korean households, but signals heightened security tensions that could affect consumer confidence and defense spending.
KEPCO-KDN (Korea Electric Power Corporation subsidiary, 30+ years in power grid IT) and H2 signed a deal on Sept. 11 to jointly develop vanadium flow batteries (VFB)—a long-duration energy storage system (ESS)—for Korea's next-generation power grid. VFB technology reduces fire/explosion risk and ext
LH Korea Land and Housing Corporation canceled a briefing on building 1,000 public homes in Yeomchang-dong (Gangseo-gu, Seoul) after 200 residents protested, calling for withdrawal and apology. Local officials were blocked from entering. The plan to boost affordable housing faced community oppositio
President Trump pledged direct $5,000 (≈6.7 million KRW) payments to every American, prompting internal White House concern and expert warnings of inflationary pressure. Democrats called it an illegal bribe; economists worry such stimulus would spike prices given the current demand-supply imbalance.