KB News Desk, Author at korbiznews.com

Young Koreans mock lawmaker's bus-housing idea with AI

Young Koreans are mocking Democratic Party Rep. Hwang Hee’s idea of using old buses to create housing for young people with satirical images generated using artificial intelligence. Some images portray…

GS E&C, LS Electric team up on AI data center power systems

Partnership covers equipment supply and next-generation solutions for global tech clients GS Engineering & Construction said Monday it is teaming up with LS Electric to strengthen the power infrastructure for…

LG Innotek ramps up iPhone 18 Pro camera, AI substrate output

LG Innotek is heading into Apple’s September iPhone launch off its best-ever first half, pushing on two fronts: a variable-aperture camera module now ramping up for the iPhone 18 Pro,…

HD Hyundai Heavy wins record $674m US data center power deal

HD Hyundai Heavy Industries said Monday it has secured a 956 billion won ($675 million) deal to supply power generation systems for a US data center project, marking its largest-ever…

SK hynix workers organize to defend bonuses

Some 3,800 employees rally behind companywide union to defend profit-sharing deal SK hynix employees are forming a companywide union spanning production and office workers, escalating a dispute over the chipmaker’s…

After saving Gangneung's lone dolphin, Aqua Planet sets sea turtles free off Jeju

Aqua Planet plans to release rehabilitated green sea turtles (Chelonia mydas) off Jeju Island later this month, adding to a run of marine conservation work that recently included helping rescue…

Opposition lawmakers seek two-year extension of tax deferral for venture reinvestment

People Power Party Rep. Ahn Cheol-soo, a four-term lawmaker and former software entrepreneur, has joined with nine other PPP lawmakers to propose a two-year extension of a tax deferral scheme…

New KAIST president sets out vision for ‘AI-native’ university

Bae Choong-sik eyes more international students, overseas scholars and joint research in broader global push DAEJEON — Bae Choong-sik was inaugurated Monday as the 18th president of the Korea Advanced…

Incheon Airport moves to evict homeless people, advocates push back

Eviction notices delivered to homeless people at Korea’s main gateway as numbers rise in summer Incheon Airport has begun ordering people experiencing homelessness to leave the airport, in a move…

Korea’s market volatility becomes TV entertainment

As investing captures the attention of younger audiences, TV and YouTube creators turn stock-market anxieties into entertainment Amid the highs and lows of South Korea’s stock market, a new television…