A bluebird takes flight in a village outside Gangneung, Gangwon, on July 22.YONHAP
Hello, it's me, as the song goes, and yes, it's been a while. Sterling remains on vacation, so the editing team will continue to deliver your daily dose of news.
In today's headlines: SK hynix may be killing two birds with one stone (apologies to the photo above) by taking over Intel's mostly-built chip foundry in Ohio, which helps it quickly increase memory production capacity and may also fulfill some of Korea's promise to invest in the United States; Dokdo starts to look for a new permanent resident; and we may see a NewJeans return in the near future.
Also, you can learn about the power of a Korean passport, why secondhand shopping is now first on people's minds and how the government is cracking down on ticket resellers.
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Today's top story
BUSINESS
Exclusive: SK hynix in talks to buy Intel’s Ohio chip campus for U.S. memory production
SK hynix is negotiating with Intel to acquire the U.S. tech company's massive Ohio semiconductor campus, aiming to begin front-end memory chip production there within five years, according to information exclusively obtained by the JoongAng Ilbo on Tuesday.
The Korean chip giant is reportedly in the midst of an internal review and government approval process related to the purchase. The acquisition price and timeline are still being coordinated. The deal would let SK hynix meet Washington's demands for U.S.-based production while giving cash-strapped Intel a lifeline for its struggling foundry business.
Who will live on Dokdo? Search begins after last resident dies.
Ulleung County is preparing to recruit a new permanent resident for Dokdo after the death of its last registered inhabitant left the disputed islets with an official population of zero.
Is NewJeans returning? ADOR releases clip series featuring four members.
The group's anniversary video series reunites Minji, Hanni, Haerin and Hyein on camera for the first time in about two years, signaling a possible comeback after a prolonged legal dispute.
South Korean passport power ranks 2nd with visa-free access to 188 countries
A new Henley Passport Index report says South Koreans can enter 188 destinations visa-free or with visa on arrival, tying the country for second worldwide.
Squeezed by inflation, Korean shoppers flock to secondhand fashion apps
Higher prices have pushed Korean fashion spending toward the resale sector, and the platforms handling it are posting record volumes, with even conglomerates and department stores jumping in.
Ticket scalpers face crackdown as government targets resale profits
New rules taking effect Aug. 28 will ban profit-making resales of sports and concert tickets above face value, aiming to curb software-aided scalping and protect fans.
