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PARK EUN-JEE

park.eunjee@joongang.co.kr

Jensen Huang and Park Jeong-won stand on the field and exchange greetings near Doosan Bears mascots at a baseball stadium.

Huang's Korea tour showcases Korea's rise from Nvidia supplier to physical AI partner

Nvidia CEO Jensen Huang's visit to Korea highlighted the country's role as a key customer and partner, focusing on robotics and AI developments, while emphasizing the need for increased memory chip production.

2026.6.7

Four men sit at a round table with Korean barbecue dishes and raise drinks inside a restaurant.

Jensen Huang meets Korean tech titans over grilled pork — in pictures

Dipping green chili peppers into ssamjang — a thick, spicy-sweet paste — and piling grilled pork, scallions and kimchi onto a perilla leaf before wrapping it into a hefty bite is a familiar ritual at Korean drinking dinners.

2026.6.7

Nvidia CEO Jensen Huang, center, Samsung Electronics Chairman Lee Jae-yong, left, and Hyundai Motor Group Executive Chair Euisun Chung gather at a Kkanbu Chicken restaurant in Samseong-dong, southern Seoul, on Oct. 30. [NEWS1]

Will Nvidia's Huang have samgyeopsal summit in Korea? The Kospi's betting on it.

The now-famous “Kkanbu meeting” — a casual gathering of Nvidia CEO Jensen Huang, Samsung Electronics Executive Chairman Lee Jae-yong and Hyundai Motor Group Executive Chair Euisun Chung at a chicken joint last October — may soon get a sequel.

2026.6.1

Labor Minister Kim Young-hoon, center, Samsung Electronics' management negotiator Yeo Myung-koo, left, and Choi Seung-ho, right, head of the Samsung Electronics chapter of the Samsung Group United Union, shake hands after signing a tentative wage agreement for 2026. [YONHAP]

Samsung strike averted as labor, management reach tentative deal

Samsung Electronics’ labor union has held off on a strike slated for Thursday after it reached a tentative deal with management in a dramatic last-minute turnaround.

2026.5.20

U.S. President Donald Trump holds a signed executive order after delivering remarks on reciprocal tariffs during an event in the Rose Garden on April 2. [AFP/YONHAP]

U.S. court ruling on Trump's tariffs unlikely to impact Korea's chip, auto exporters

A U.S. court decision striking down the Trump administration’s imposition of 10 percent global tariffs is unlikely to make much difference for Korean exporters, as it would for companies in other countries.

2026.5.8

A view of the headquarters of SK hynix in Icheon, Gyeonggi [YONHAP]

SK hynix forecasts prolonged chip supercycle with supply constraints to persist 3 more years

SK hynix, the primary memory supplier to Nvidia, flagged at least three more years of tight supply in high-end memory after reporting record earnings of 37.6 trillion won for the first quarter on Thursday.

2026.4.23

SK hynix posts fivefold profit surge in Q1, beats estimates

SK hynix, the primary memory supplier to Nvidia, posted a fivefold increase in operating profit to 37.6 trillion won ($25.4 billion) in the first quarter from a year earlier, marking a record quarterly result.

2026.4.23

A tanker carrying crude oil from Saudi Arabia, that arrived clearing the Strait of Hormuz, is seen at the Mumbai Port in Mumbai, India on March 12. [AP]

Korea seeks Russian crude at sea, even via contract takeovers

Korea is actively seeking to import Russian crude oil on the water as the world’s fourth-largest crude oil importer scrambles to secure energy resources amid escalating tensions in the Middle East.

2026.3.20

Shareholders look at next-generation high bandwidth memory products, sixth-generation HBM4 and seventh-generation HBM4E, at Samsung Electronics’ annual general meeting in Yeongtong District, Suwon, Gyeonggi, on March 18. [KIM SEONG-RYONG]

Samsung to spend record $73 billion on facilities, R&D to meet soaring chip demand

Samsung Electronics plans to spend at least 110 trillion won ($73.3 billion) on facilities and research and development this year, positioning itself to meet robust growth in chip demand while leaving room for merger and acquisition opportunities.

2026.3.19

Gov't to implement fuel price cap on Friday, limit diesel, gasoline exports

The Korean government will implement an initial cap on fuel supply prices starting Friday and limit exports of gasoline and diesel as the country, heavily dependent on imports through the Strait of Hormuz, scrambles to rein in soaring energy prices.

2026.3.12