Lee Jae News
17.03 / 05:13
Aware
NVIDIA
Research
electronic
reports
Samsung needs 'do-or-die' mindset to survive AI challenges: Report
Samsung Electronics must adopt a «do-or-die» mindset, its chairman told executives, to confront the challenges posed by artificial intelligence that are upending the industry, Yonhap news reported Monday. South Korean giant Samsung has been struggling to meet Nvidia's requirements as rival SK hynix has become the US titan's main supplier of high-bandwidth memory (HBM) chips for its AI graphics processing units (GPU). The world's largest memory-chip maker already acknowledged in October that it was facing a «crisis», and admitted questions had arisen about its «fundamental technological competitiveness and the future of the company».
05.04 / 04:35
Election
SPY
President
War
show
reports
North Korea's Kim Jong Un fires new sniper rifle while visiting troops
Such units are among the thousands of troops that South Korea's spy agency says Pyongyang has deployed to Russia to support Moscow's war against Ukraine. During the visit to a special operations unit on Friday, Kim said the «actual war capability for guaranteeing victory in the war field is bolstered up through intensive training,» the Korean Central News Agency (KCNA) reported. He added that their training is «the most vivid expression of patriotism and loyalty to the country,» according to the agency. Images released by state media showed Kim peering through the scope of a sniper rifle that KCNA said was going to be «newly supplied to special operation units».
17.03 / 03:51
Cooper
Assurant
security
country
Department
politician
South Korea calls to avoid impact on US cooperation after 'sensitive' country designation
U.S. Department of Energy (DOE) designated South Korea as a 'sensitive' country. The U.S. department has not explained why South Korea was added to the list, which can cause curbs on cooperation, though a DOE spokesperson said Seoul faced no new limits on bilateral cooperation in science and technology from the designation. In a statement relayed by the finance ministry after a ministerial meeting, Choi called on South Korean agencies to actively foster understanding with Washington, and for the industry minister to meet with the U.S. Secretary of Energy this week. Despite the DOE assurances over bilateral cooperation not being impacted, politicians in Seoul have traded blame over the sensitive country designation. The main opposition Democratic Party leader Lee Jae-myung on Monday criticised the current South Korean government, calling the U.S. move a «perfect diplomatic failure» which is feared could limit cooperation between the countries in the high-tech field.
04.02 / 01:03
FIVE
Parke
President
electronic
Courts
South Korean appeals court upholds acquittal of Samsung chief Lee
A South Korean appeals court has upheld a ruling that acquitted Samsung Electronics Chairman Lee Jae-yong of financial criminal charges over a contentious merger between Samsung affiliates that cemented his grip over the biggest South Korean company
06.01 / 03:01
markets
UPS
security
President
Courts
Investigations
S. Korea police seek to extend arrest deadline for impeached president
Yoon Suk Yeol have asked for an extension to the warrant that expires Monday, with the embattled leader holed up in his residence.
14.12 / 10:19
UPS
Election
HANS
President
country
Courts
South Korea impeaches President Yoon Suk Yeol over martial-law decision
Subscribe to enjoy similar stories. SEOUL—South Korea’s legislature impeached President Yoon Suk Yeol over his decision to briefly institute martial law, kick-starting a monthslong process to potentially select a new leader following one of the nation’s most tumultuous chapters in recent years. Needing a two-thirds majority, lawmakers voted 204 to 85 to impeach Yoon, who will immediately be stripped of his presidential powers.
09.12 / 13:49
Citizens
Election
HANS
President
country
Investigations
He might be South Korea’s next president. All he has to do is impeach the current one.
Subscribe to enjoy similar stories. SEOUL—South Korean opposition leader Lee Jae-myung credits a coup and stretch of military rule more than 40 years ago—during which soldiers opened fire on pro-democracy protesters in the southwestern city of Gwangju, killing many—with propelling him into politics. Now, a short-lived attempt by South Korean President Yoon Suk Yeol last week to impose martial law has thrust Lee to within striking distance of his nation’s top job, as Yoon faces impeachment efforts and members of his cabinet are under criminal investigation.
03.12 / 15:01
Election
HANS
President
politician
Investigations
South Korean president has declared martial law. Here’s why
South Korean President Yoon Suk Yeol declared an “emergency martial law,” Tuesday accusing the country’s opposition of controlling the parliament, sympathizing with North Korea and paralyzing the government with anti-state activities.
24.07 / 01:48
Bithumb
Bithumb Withdraws Planned 4% KRW Deposit Fee Increase, Maintains Current 2.2% Fee
Bithumb, a leading virtual asset platform, has announced the withdrawal of its proposed 4% annual increase in deposit usage fees. This decision follows additional review items discovered while complying with the Virtual Asset User Protection Act.
07.05 / 02:11
29.04 / 21:45
Cooper
Election
President
students
Schools
Investigations
South Korea's opposition leader urges the president to accept investigation of wife, top officials
South Korea’s opposition leader has pressured President Yoon Suk Yeol to accept special investigations into allegations involving top officials and his wife, as they met for talks on bipartisan cooperation
26.03 / 04:21
12.01 / 16:31
Hollywood
Netflix
Parke
film
Actor
students
Schools
Netflix’s All of Us Are Dead Season 2: See what we know about release schedule, cast and plot
Netflix officially renewed All of Us Are Dead for Season 2, ensuring the return of the Hyosan High School students. The streaming service confirmed the news last June, declaring, «Get ready to outrun even more Gen Z zombies because All of Us Are Dead is crawling back for Season 2.»
02.01 / 14:25
Action
President
country
prevention
South Korea's Oppn leader Lee Jae-myung survives assassination attempt in Busan
Lee Jae-myung, South Korea's opposition leader, faced a vicious attack during a public appearance in Busan, narrowly escaping a potentially fatal assault. The assailant, a 66-year-old individual, inflicted a 1cm laceration on Lee's neck during a media briefing, leading to immediate uproar and condemnation across the nation. President Yoon Suk Yeol and various political entities swiftly expressed their denouncement of the assault. During a routine visit to a construction site in Busan, Lee was unexpectedly approached by the attacker, feigning a request for an autograph. In a sudden turn, the assailant brandished an 18cm knife purchased online, launching an unprovoked attack on the opposition leader. Swift actions from those present led to the attacker's capture and prompt medical attention for Lee.
02.01 / 03:15
Citi
Man
President
show
reports
South Korean opposition leader Lee Jae-myung stabbed during news conference
AP reported. Busan’s emergency office said Lee, head of the main opposition Democratic Party, was attacked as he visited the construction site of a new airport in the city. South Korean media cited witnesses as saying the man used a knife-like weapon to stab Lee’s neck.
07.11 / 21:53
Progressive
Netflix
Parke
film
show
information
stars
‘All of Us Are Dead’ Season 2: What we know till now
All of Us Are Dead," but there's been a notable lack of updates on its progress. Unlike "Squid Game," another well-loved Korean series, which is set to release a reality competition series called «Squid Game: The Challenge» to keep fans engaged, «All of Us Are Dead» remains shrouded in silence since its renewal in June 2022. The only insight we have is from a March 2023 interview with Park Ji-hu, one of the stars, where she mentioned that filming had not yet started.
21.09 / 12:19
COST
UPS
economy
Parke
Samsung
President
South Korea’s government and business are over-close
chaebol, family-run conglomerates that form the backbone of South Korea’s economy, and the government. On June 20th the World Bank’s arbitration forum ruled that South Korea’s government had left Elliott Investment Management, an American hedge fund, out of pocket by improperly meddling in a merger between two units of Samsung. The deal in 2015 between Samsung C&T and Cheil Industries was seen as an attempt to ensure a smooth succession between Mr Lee and his son, Lee Jae-yong.
18.10 / 19:06
Man
Parke
S Korean Nat’l Broadcaster Exec Received Crypto from Head of Pyongyang-linked Body
An executive news director at the national South Korean broadcaster KBS received “crypto” from a figure at the head of an organization with alleged ties to North Korea, an official audit has revealed.
10.03 / 11:49
cryptocurrency
regulation
How South Korea’s Next President Might Change Crypto, Economy & Politics in East Asia
The main opposition People’s Power Party candidate Yoon Suk-yeol has won the race to become South Korea’s next President. Crypto policy was a key battleground in his victory – by less than a single percentage point – over his centrist rival from the ruling Democratic Party.
10.03 / 10:25
Adoption
regulation
Bitcoin
surges
Crypto-friendly Yoon Suk-yeol wins Sth Korean presidency, ICX surges 60%
Conservative South Korean presidential candidate Yoon Suk-yeol has officially been elected as South Korea’s next president.
09.03 / 05:35
cryptocurrency
regulation
Crypto Vote Could Be Key as South Korea Chooses its Next President
South Korea goes to the polls on March 9 to elect its next President – and crypto is likely to play a major role in determining the outcome.
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