ECONOMY

Middle East Conflict Shifts South Korea's Oil Imports and Higher Reliance on U.S. Import

The ongoing Middle East conflict has led to a decline in imports of crude oil and other key petroleum products. A trend towards diversifying import sources for raw materials heavily dependent on the Middle East, such as naphtha and helium, has also b

APR's Growth Surge: Target Price Soars 42.1% Amid U.S. and European Expansion

Yuanta Securities has raised its target price for APR by 42.1% to 540,000 KRW (about 367 USD) on April 27, citing improved growth prospects through expansion in U.S. and European markets. The firm maintains its Buy recommendation.Analysts at Yuanta S

Hyundai Partners with NVIDIA to Accelerate Autonomous Driving Technology

Hyundai Motor Company has announced plans to accelerate the development of software-defined vehicles (SDV) and autonomous driving technology through collaboration with American artificial intelligence (AI) semiconductor firm NVIDIA. This partnership

Samsung and POSTECH Unveil Groundbreaking 2D/3D Display Technology

Samsung Electronics announced on April 23 that it has developed groundbreaking display technology in partnership with POSTECH. This innovation allows users to effortlessly switch between high-resolution two dimensional (2D) images and immersive three

LG Electronics to Revolutionize Robotics with New Actuator System by 2026

LG Electronics Chief Executive Officer (CEO) Ryu Jae-cheol unveiled plans to bolster the company's robotics division by 2026. The centerpiece of this strategy is the completion of a mass production system for actuators, often described as the muscles

Hanwha Group's Tech Solutions Division Sets its Sights on India as a New Strategic Hub

Hanwha Group's Tech Solutions division has set its sights on India as a new strategic hub, aiming to leverage cutting-edge technologies to capture the market, as announced on April 23. India's annual growth continues to be fueled by its 1.4 billion p

LG Electronics Launches Premium Built-in Kitchen Appliances at Milan Design Week 2026

LG Electronics is gearing up to make its mark on Europe's premium built-in kitchen appliance market, a sector with a rich 100-year history, by introducing a specially designed built-in appliance package.The company announced on April 23 that it will

LG CNS Wins Google Cloud's 2026 Partner of the Year

LG CNS has been named the 2026 Partner of the Year for Korea at the Google Cloud Partner Awards, as announced on April 23.The awards ceremony was held during Google Cloud Next 2026, Google Cloud's flagship annual event.The Google Cloud Partner of the

Samsung Electro-Mechanics Unveils Next-Gen Components for AI Era

Samsung Electro-Mechanics Chief Executive Officer (CEO) Jang Deok-hyun emphasized that in the artificial intelligence (AI) era, component performance and reliability are crucial for overall system competitiveness. He highlighted that Samsung Electro-

Prompt Injection Attacks Are Targeting Corporate AI Agents as AI Security Threats Increase

As artificial intelligence (AI) agents capable of performing tasks autonomously on behalf of users become more prevalent, the risk of cyberattacks targeting these systems is also on the rise.Of particular concern are corporate environments that utili