(Photo=Office of the President of the Republic of Korea) South Korean President Lee Jae-myung is trying to turn a record semiconductor export cycle into a broader national growth strategy, raising the government’s 2026 economic growth forecast to 3% from 2% and setting new targets for trade, productivity and income. The revised forecast is more optimistic than projections from the Bank

Smart glasses with digital assistant display interface on white background Artificial intelligence-powered smart glasses have been promoted as the next major computing platform, promising hands-free access to information through cameras, microphones and real-time AI assistants. But before the technology has reached mass adoption, it is already confronting a problem that smartphones faced years ago: how to prevent wearable AI from

Photo=president.go.kr South Korea plans to introduce its largest-ever national budget in 2027, with government spending set to exceed $580 billion, Finance and Budget Minister Park Hong-keun said on July 13, as the administration prepares to accelerate investment in semiconductors, artificial intelligence and other strategic industries. Speaking at the government's National Fiscal Strategy Meeting chaired by President Lee Jae Myung, Park

Photo=Hyundai Motor's Hyundai Motor's Ioniq 5 became the best-selling non-Tesla electric vehicle in the U.S. during the first half of 2026, the company said on July 14, underscoring its growing momentum in a slowing EV market as rival models posted sharp sales declines. According to data cited by U.S. electric-vehicle publication InsideEVs, Hyundai sold 20,730 Ioniq 5s in the United

Photo=Motionelements South Korea's National Pension Service (NPS), one of the world's largest public pension funds with approximately $1.22 trillion in assets, is becoming increasingly concentrated in two companies that have come to define both the country's stock market and its economic outlook: Samsung Electronics and SK Hynix. The shift is not simply the result of an investment decision. It reflects