pulse

Stocks up as seasoned seaweed prices rise Korean stocks such as CJ Seafood Corp. and Sajo Seafood Co. surged in early trading on Friday, buoyed by the news of a price hike for seasoned seaweed. CJ Seafood shares traded at 4,920 won ($3.59) a..

• U.S. announces $75 mn grant for SKC's Absolics The United States Commerce Department announced on Thursday that it plans to grant 100 billion won ($75 million) to Absolics Inc., a glass substrates manufacturer affiliated with SKC, to build up a 12..

• HBM chip tests for Nvidia ongoing: Samsung Electronics Samsung Electronics Co. said on Friday that tests for supplying high-bandwidth memory (HBM) to Nvidia Corp. are progressing smoothly. "We are working closely with several companies, testing technolog..

• Yoon unveils $19 bn support program for chip industry South Korean President Yoon Suk Yeol unveiled a 26 trillion won ($19 billion) support plan for the country's semiconductor industry on Thursday, as the global competition to attract high-tech industri..

• Kakao slapped with record $11 mn privacy commission fine South Korea's platform giant Kakao Corp. was hit with a record fine of 15.1 billion won ($11 million) by the country's privacy watchdog due to the company's negligence in checking and protecting user ..

• Korea to invest over $350 mn in iLED technology The South Korean government will invest 484 billion won ($353.7 million) over an eight-year period to develop inorganic light-emitting diode technology and establish an ecosystem. The Ministry of Tra..

• K-SURE to provide $1.3 bn credit for Saudi petrochemical project The Korea Trade Insurance Corp. (K-SURE), an export credit agency, said on Thursday that it will provide mid- to long-term export financing worth 1.7 trillion won ($1.3 billion) for the mega-scale Ami..

• U.S. court dismisses case by Samsung's former patent head A U.S. court has ruled in favor of Samsung Electronics Co. in a patent lawsuit filed by a former Samsung executive against the South Korean tech giant in the United States, with the court criticizing ..

• K-wave

• 'A Thousand Blues' musical, play captivates audiences