South Korean Business News | Korea JoongAng Daily

Business

Man pointing at a screen displaying server racks in a data center.

Box in, box out, back to the front: Weflo becomes automated pit crew for war drones

The Korean startup is turning AI-based drone inspection and maintenance into a defense growth business, with new funding, a Poland deal and a push into the U.S. market.

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

Won sinks to 28-year low against dollar amid Iran war, foreign stock selling

For Nvidia's Huang, chicken dinner is a winner during Korea visit

Cosmetic exports top $5.6 billion in first 5 months, Seoul's top consumer export item

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

Jensen Huang returns to Kkanbu Chicken, this time to dine with SK's Chey Tae-won

Korean retail investors sell over 1 trillion won in overseas stocks in 1st week of June

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More stocks fall despite Kospi rally amid chip-sector concentration

More stocks listed on the benchmark Korea Composite Stock Price Index (Kospi) have declined than advanced in recent weeks despite the market rally.

2026.6.7

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

Popular in Business

Four people stand and sit by the Han River, facing buildings across the water in Seoul.

OECD projects Korea's potential growth rate to hit record low in 2027

Korea's potential growth rate is projected to fall to a record low next year, according to the Organization for Economic Cooperation and Development (OECD) on Sunday, despite robust exports fueled by a semiconductor boom.

2026.6.7

Jensen Huang returns to Korea wanting more — chips, robots and a research hub

Nvidia CEO asks SK Group Chairman Chey Tae-won to make more memory chips in front of reporters

2026.6.7

Steel rebar and construction equipment at an outdoor worksite beneath a cloudy sky.

Paju AI data center at heart of LG U+'s $3.3 billion order push

LG U+ says its new Paju data center, already fully contracted for its first building, will anchor a 5 trillion won push into AI infrastructure by 2030.

2026.6.7

Electronic board at Hana Bank dealing room in Seoul displays plunging KOSPI and KOSDAQ figures.

Won briefly passes 1,560 against the dollar, highest in 17 years

The won-dollar rate briefly topped 1,560 in overnight trading, reaching its highest intraday level in 17 years and three months amid a stronger dollar and foreign outflows.

2026.6.6

Kospi sinks over 5% on tech losses due to U.S.-Iran peace deal uncertainty

Stocks dipped by more than 5 percent as investors locked in profits from a recent tech-led rally while monitoring uncertainty over U.S.-Iran peace negotiations. The local currency weakened sharply against the dollar.

2026.6.5

Korea and Canada announce broad range of energy, mineral and defense deals, with Hanwha at the center

Korea and Canada announced a broad economic partnership spanning energy, critical minerals, hydrogen and defense, with Korean defense conglomerate Hanwha at the center of numerous proposals that could reshape both countries' industrial landscapes.

2026.6.5

Nvidia CEO Jensen Huang speaks to reporters after his arrival at Gimpo International Airport in western Seoul on June 5.

Nvidia CEO arrives in Seoul with physical AI, gamer meetups and pork belly on the menu

Nvidia CEO Jensen Huang arrived in Seoul on Friday afternoon bearing what he described as “a lot of business” for Korea in his much-anticipated return to the country after just seven months.

2026.6.5

Samyang Foods' spicy ramyeon Buldak brand burns past 10 billion packs sold

Samyang Foods announced Friday that cumulative sales of its Buldak ramyeon products surpassed 10 billion packs as of the end of May, generating a total of 7 trillion won ($4.5 billion) in revenue.

2026.6.5

South Korean Business News | Korea JoongAng Daily

Business

Box in, box out, back to the front: Weflo becomes automated pit crew for war drones

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

Won sinks to 28-year low against dollar amid Iran war, foreign stock selling

For Nvidia's Huang, chicken dinner is a winner during Korea visit

Cosmetic exports top $5.6 billion in first 5 months, Seoul's top consumer export item

Jensen Huang returns to Kkanbu Chicken, this time to dine with SK's Chey Tae-won

Korean retail investors sell over 1 trillion won in overseas stocks in 1st week of June

Latest News

More stocks fall despite Kospi rally amid chip-sector concentration

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

Popular in Business

ChatGPT's iron grip in Korea loosens as Gemini quickly gains ground

Kospi slips while Kosdaq rises again

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

[Photo]Renault Samsung’s SM3 gets an update

Won sinks to 28-year low against dollar amid Iran war, foreign stock selling

OECD projects Korea's potential growth rate to hit record low in 2027

Jensen Huang returns to Korea wanting more — chips, robots and a research hub

Paju AI data center at heart of LG U+'s $3.3 billion order push

Won briefly passes 1,560 against the dollar, highest in 17 years

Kospi sinks over 5% on tech losses due to U.S.-Iran peace deal uncertainty

Korea and Canada announce broad range of energy, mineral and defense deals, with Hanwha at the center

Nvidia CEO arrives in Seoul with physical AI, gamer meetups and pork belly on the menu

Samyang Foods' spicy ramyeon Buldak brand burns past 10 billion packs sold