Recent News

China's humanoids go job hunting amid Korea's bets on physical AI
Oct 22, 2026

China's humanoids go job hunting amid Korea's bets on physical AI

Chinese humanoid robot makers are accelerating efforts to gain a foothold in Korea, moving beyond dance performances and showroom displays to factory trials and other commercial applications as Seoul beefs up investment in physical artificial intelligence (AI). A string of Chinese robotics companies have flexed their muscles or announced projects in the country this year, including Hong Kong-listed Ubtech, startup Anyverse Dynamics, Shanghai-based Agibot and leading robot maker Unitree. “China’s new generation of robot companies has global DNA and naturally looks overseas, and Korea is one of the most important markets in Asia-Pacific,” said Ethan Qi, an associate director covering robotics at Counterpoint Research. The absence of locally built humanoids available at scale has created an opening for Chinese suppliers, he added. Early footprint Representatives of Galaxy Robot Park, a robot-themed entertainment venue in Seoul, agreed to buy Ubtech’s lifelike U1 model after attending its debut in Shenzhen in June, according to Sean Qin, overseas head of the company's commercial robo


Chung Mong-Koo Foundation's pianists sweep international awards
Oct 22, 2026

Chung Mong-Koo Foundation's pianists sweep international awards

Three young Korean pianists — supported by Hyundai Motor Chung Mong-Koo Foundation — have earned international recognition this year, winning top prizes at major competitions in Europe and the United States. Shin Young-ho, 19, placed second in the piano category at the 76th Giovanni Battista Viotti International Music Competition, which concluded in Vercelli, Italy, on Oct. 17. Lee Jeong-woo, 18, won first prize at the 20th George Enescu International Competition in Bucharest, Romania, in September, while Lee Ju-eon, 15, claimed prizes at three international piano competitions in the United States during the first half of the year. The achievements highlight the progress of a new generation of pianists who have received sustained support from the foundation, as they pursue international careers. Shin continued his strong performance on the international competition circuit, following a second-place finish at the Dublin International Piano Competition and a special prize at the Pancho Vladigerov International Piano Competition, both held in 2025. Selected as a foundation scholarship re


Secretlab teams up with K/DA again for a gaming chair and desk collection
Oct 22, 2026

Secretlab teams up with K/DA again for a gaming chair and desk collection

The Firestarter collection pairs a flame-covered Titan Evo with the first K/DA-themed Magnus Pro desk.


Kentucky bourbon master eyes global expansion with Korean bartenders
Oct 22, 2026

Kentucky bourbon master eyes global expansion with Korean bartenders

Jefferson’s Bourbon founder Trey Zoeller was in Seoul last week for a special event in Korea, offering a unique opportunity to introduce his Kentucky-based brand to Korean consumers. It marked the finale of a six-month program involving 40 Korean bartenders who explored the brand and developed their own cocktails using its bourbon. Zoeller, who founded the brand with his father, Chet Zoeller, in 1997, came to Korea to recognize the bartenders whose cocktails for the Camp Jefferson program sold the most and best reflected his vision for the brand. In 2023, Zoeller and his late father were inducted into the Kentucky Bourbon Hall of Fame. During the event, he shared insights into the brand with the participating bartenders, explaining how his passion for outdoor adventure helped shape its identity beyond bourbon-making traditions. Zoeller said he was surprised to see his bourbon transformed into a variety of creative cocktails he had never imagined before. “I loved it. There was so much creativity that came through so many different variations of products that I never had. I tasted every


Merck opens new semiconductor materials facility in Korea
Oct 22, 2026

Merck opens new semiconductor materials facility in Korea

Merck opened a new production facility for key materials used in semiconductor deposition in Eumseong County, North Chungcheong Province, Thursday, underscoring its commitment to expanding its presence in Korea's chip industry and strengthening a local-for-local supply chain. According to the company, the new facility produces molybdenum precursor solutions used in semiconductor manufacturing. New Merck Electronics CEO Benjamin Hein, Head of Thin Films Business Bing Han and other company executives attended the opening ceremony, while North Chungcheong Province Gov. Shin Yong-han delivered a congratulatory video message. This marks Hein's first visit to Korea since his appointment as Merck's Electronics CEO in May. During a press conference a day before the opening ceremony, Hein said customers increasingly want integrated solutions backed by local support, requiring closer cooperation between Merck's materials business and its delivery systems and services business. "What customers expect is that you provide an integrated solution. They don't just want to buy the precursor. They don't


FTC to collect public opinion on draft guidelines against 'AI washing'
Oct 22, 2026

FTC to collect public opinion on draft guidelines against 'AI washing'

Korea's antitrust watchdog said Thursday it has begun collecting public opinion on draft guidelines against advertisements exaggerating products' use of artificial intelligence (AI) technologies, a practice known as "AI washing." The Fair Trade Commission (FTC) said it plans to gather opinions through Nov. 11 amid a growing number of products advertising AI features, with some allegedly providing misleading or deceptive information to consumers. "The term AI is used to describe products' advanced technology, accuracy and objectivity, leading consumers to perceive their performance and reliability as relatively superior or to be willing to pay extra," the FTC said. Amid the trend, the watchdog said consumers need to be aware of products advertised as having AI features even though they do not actually use such technologies. The guidelines cover four major categories of potential violations of the Act on Fair Labeling and Advertising and include a self-assessment checklist and frequently asked questions. The FTC cited examples including electric hot-water heating mats, cat litter boxes, pil


Court rules against Lone Star in $125.9 mil. tax case
Oct 22, 2026

Court rules against Lone Star in $125.9 mil. tax case

An appeals court on Thursday ruled against U.S. private equity firm Lone Star Funds in its suit against the Korean and Seoul city governments to return a combined 168.2 billion won ($125.9 million) in taxes. The Seoul High Court handed down the ruling against Lone Star after the Supreme Court returned the case to the appeals court for review in April last year. The Texas-based firm had earlier filed the suit against the state and the municipality, seeking the return of withheld taxes in connection with profits from its investments in Korea. Lone Star and affiliate firms purchased large shares of Korea Exchange Bank, Kukdong Engineering Construction and Starlease between 2002 and 2005, and made huge profits by selling some of the shares in 2007. They paid smaller taxes than local companies would have, citing the tax treaty that Korea has with Belgium where the company that made the investment was based. The National Tax Service (NTS) levied additional corporate taxes against Lone Star and its entities, offsetting them with withheld taxes. Lone Star then filed a suit seeking cancellation of


LG Electronics brings AI and robotics to world's largest tidal power plant
Oct 22, 2026

LG Electronics brings AI and robotics to world's largest tidal power plant

LG Electronics is taking its smart factory technology beyond manufacturing and into renewable energy, partnering with Korea Water Resources Corp. to develop artificial intelligence systems for one of the country’s largest power facilities. The companies signed a memorandum of understanding Thursday at Sihwa Lake Tidal Power Plant’s cultural center in Ansan, Gyeonggi Province, to explore AI-driven operations at the facility, which has the world’s largest installed capacity among tidal power plants. The partnership will combine K-water’s power plant operating experience and data with LG Electronics’ expertise in smart factories, digital twins, robotics and AI, the companies said. Under the agreement, they will examine a digital twin-based integrated operating system that creates a virtual model of the plant and incorporates real-time information from generating equipment and surveillance cameras. The system could help forecast electricity output, simulate operating scenarios and diagnose equipment conditions, enabling operators to identify problems and assess performance before m


Orion expands Custard cream cake production in Korea, Vietnam, India as global demand surges
Oct 22, 2026

Orion expands Custard cream cake production in Korea, Vietnam, India as global demand surges

Orion has expanded production lines for its flagship Custard cream cakes across Korea, Vietnam and India to keep pace with surging domestic and international demand, the company said Thursday. Launched in Korea in 2004, Orion Custard is a soft, individually wrapped sponge cake with a custard cream filling. It has become the company’s second-biggest global pie brand after its flagship Choco Pie. Global sales rose 14 percent last year to 154 billion won ($116 million). China, Vietnam and India accounted for 76 percent of that total, and sales kept growing at a double-digit pace through September this year. The company added a production line in Korea in September and recently began running new lines in Vietnam and India. The expansion lifts Custard’s global production capacity to as much as 300 billion won a year, roughly double last year’s sales. Orion’s global research center at its headquarters in Korea oversees product development for each market. In Vietnam, the company sells flavors including tiramisu, raspberry, egg lava, melon and a reduced-sugar version. There is also a fl


Young Poong loses shareholder derivative suit against Korea Zinc
Oct 22, 2026

Young Poong loses shareholder derivative suit against Korea Zinc

A court on Thursday ruled against Young Poong Corp. in a shareholder derivative lawsuit seeking 837 billion won ($631 million) in damages from Korea Zinc Co. Chairman Choi Yun-beom and other company directors. Young Poong — a major shareholder in Korea Zinc — had filed the suit in November 2024, claiming Korea Zinc's directors had inflicted losses of 837 billion won on the company by making a tender offer involving the purchase of its own shares at 890,000 won apiece, when the actual price was around 560,000 won. The Seoul Central District Court ruled, however, that Korea Zinc's directors could not be deemed to have violated their managerial duties, given the steps they took before making the purchase. It also ruled that the action did not violate the Commercial Act or the company's articles of incorporation.


Nvidia broadens ties with Korean component makers
Oct 22, 2026

Nvidia broadens ties with Korean component makers

Nvidia is expanding partnerships with domestic component makers LG Innotek and Samsung Electro-Mechanics, strengthening its supply chain for physical artificial intelligence (AI) applications and next-generation AI infrastructure. LG Innotek unveiled a lineup of sensing solutions incorporating Nvidia's latest Holoscan Sensor Bridge (HSB) technology at the U.S. chipmaker's annual GPU Technology Conference (GTC) in Berlin on Tuesday (local time). The solutions include 3-megapixel camera modules and a multimodal vision system that combines multiple cameras and sensors, targeting applications in physical AI and robotics. Nvidia's HSB technology allows sensor data to be sent directly to AI computers, bypassing the central processing unit and potentially speeding up how robots and autonomous vehicles process information and make decisions. The partnership reflects growing demand for advanced sensing technologies as AI expands beyond software and data centers into physical environments, where machines must perceive and respond to their surroundings in real time. LG Innotek said it plans to expan


K-beauty firms to seek export deals at Cheongju expo
Oct 22, 2026

K-beauty firms to seek export deals at Cheongju expo

Korean cosmetics and other beauty product companies will seek export deals at an annual industry exhibition that opened Thursday in North Chungcheong Province, the provincial government said. The Cosmetics & Beauty Expo Osong Korea 2026 that runs through Saturday is underway in Osong, a district of Cheongju, 83 kilometers south of Seoul. The event aims to connect local companies with international buyers, according to the provincial government. "We will help K-beauty products reach global markets and attract international buyers to North Chungcheong Province, a hub for the industry, to facilitate export deals," Gov. Shin Yong-han said. More than 250 companies are participating in the business-to-business (B2B)-focused event, held under the theme "K-Beauty Osong Seeks Growth Along With Global Partners," the provincial government said. This year's expo, the largest to date, will give local companies opportunities to expand into overseas markets while allowing visitors to experience K-beauty products, Jang Woo-sung, director general of the provincial government's bureau of biologics, food a


Regulators weigh antitrust safeguards as Naver-Dunamu deal stalls
Oct 22, 2026

Regulators weigh antitrust safeguards as Naver-Dunamu deal stalls

Financial authorities said Thursday that they are considering safeguards to address concerns over potential market dominance arising from the merger of Naver Financial and Dunamu. "The Fair Trade Commission (FTC) is currently conducting a thorough review of whether the proposed merger between Naver and Dunamu would restrict competition," the Financial Services Commission said in a written response to Rep. Lee Kang-ill of the ruling Democratic Party of Korea. "Similarly, under the proposed Digital Asset Basic Act, we are considering safeguards to ensure that cryptocurrency exchanges, which serve as critical market infrastructure, maintain their public interest role and neutrality without being subject to undue influence from any particular company or shareholder," it added. Last November, Naver Financial announced plans to make Dunamu a wholly owned subsidiary through a comprehensive share swap. With the deal, Naver Financial aims to tap into new growth opportunities in digital assets. Dunamu would gain foundation to expand beyond its existing cryptocurrency exchange and integrate with Na


Samsung SDI to sponsor Korea's International Chemistry Olympiad team
Oct 22, 2026

Samsung SDI to sponsor Korea's International Chemistry Olympiad team

Samsung SDI said Thursday that it has signed an agreement with the Korea Foundation for the Advancement of Science and Creativity (KOFAC) and the Korean Chemical Society (KCS) to sponsor Korea’s team for the International Chemistry Olympiad (IChO). The signing ceremony was held at the Korea Science and Technology Center in Seoul and attended by Samsung SDI Vice President and Head of the People Team Kim Hun-kyu, KOFAC President Chung Woo-sung and KCS President Keum Kyo-chang. Beginning in January, Samsung SDI will support the selection and training of Korea’s IChO team, organized by the KCS, as well as the team’s participation in the international competition. The company will also provide scholarships to students who win medals. The sponsorship reflects Samsung SDI’s commitment to nurturing young talent in basic sciences and helping students compete on the global stage, while contributing to Korea’s scientific and technological competitiveness. The IChO is an annual competition in which high school students from around the world test their chemistry knowledge and skills. Korea


Samsung chairman visits UAE, encourages employees
Oct 22, 2026

Samsung chairman visits UAE, encourages employees

Samsung Electronics Executive Chairman Lee Jae-yong visited the Al Dhafra gas-fired power plant construction site in Abu Dhabi, the United Arab Emirates (UAE), on Wednesday (local time) to inspect construction progress and encourage employees working in the Middle East. Lee toured key facilities, checking construction schedules and safety measures, before meeting with executives from Samsung C&T and Samsung E&A to discuss regional market trends, growth strategies and new business opportunities. The Al Dhafra power plant is being built by Samsung C&T in a consortium with local construction firm Trojan General Contracting. It is designed to meet rising electricity demand amid the UAE's industrial growth and is expected to support energy-intensive industries, including artificial intelligence (AI) data centers. Samsung C&T previously demonstrated its construction capabilities through the Barakah nuclear power plant project in the UAE, while Samsung E&A uses the country as a key hub for its Middle East and Africa operations, undertaking projects in refining, gas and petrochemicals. Korea and


Lotte World ramps up safety prep with hands-on fire, CPR drills
Oct 22, 2026

Lotte World ramps up safety prep with hands-on fire, CPR drills

Lotte World employees put their emergency response skills to the test Wednesday, competing in rapid firefighting and CPR challenges designed to sharpen their readiness when lives are at stake. The amusement park operator held its 2026 Fire Safety Competition in partnership with the Songpa Fire Station. The annual exercise comes as theme parks and high-density public venues face growing scrutiny over crowds and facility safety, prompting major operators to move beyond routine compliance and build real-time tactical readiness among frontline staff. The competition centered on two core scenarios: rapid initial suppression using indoor hydrants and emergency first aid. In the firefighting challenge, employees simulated an active blaze by quickly connecting hydrant systems, deploying hoses and executing the critical steps needed to contain flames before first responders arrive. The medical segment tested teams on sudden cardiac arrest scenarios. Participants were evaluated on their precision and speed while performing CPR on training mannequins and deploying automated external defibrillators


Daewoo E&C expands AI use across construction sites
Oct 22, 2026

Daewoo E&C expands AI use across construction sites

Daewoo Engineering & Construction (E&C) is expanding artificial intelligence (AI) and digital management systems across its construction sites, deploying translation tools and quality-control software to reduce administrative workloads and improve communication with foreign workers. The construction firm rolled out AI translation and tablet-based training systems across its domestic construction sites last month. Its AI-powered translation system supports 16 languages, converting site managers' spoken Korean instructions into text and speech in foreign workers' native languages in real time. The company said the system recorded 94.6 percent accuracy in Korean speech recognition during preliminary testing. It is designed to reduce communication errors on construction sites, where clear instructions are essential for workplace safety, particularly as the number of foreign workers continues to increase. Daewoo E&C has also introduced a tablet-based system for safety training and related paperwork, such as worker registration, health screenings and training reports. The company is also develop


Hyundai, Kia's Sept. sales fall 1.7% amid model shortage
Oct 22, 2026

Hyundai, Kia's Sept. sales fall 1.7% amid model shortage

Combined vehicle sales by Korea's leading automaker Hyundai Motor and its affiliate Kia fell 1.7 percent in Europe last month from a year earlier, amid a lack of new models, industry data showed Thursday. Hyundai and Kia sold a combined 96,258 vehicles in the common market in September, down from 97,907 in the same one-month period in 2025, according to data from the European Automobile Manufacturers' Association (ACEA). "The lack of new models, particularly electric vehicles, in Hyundai Motor's lineup affected its sales performance for the month," a company spokesperson said by phone. Hyundai Motor's sales fell 17.5 percent to 39,821 units from 48,253 a year earlier, while Kia's sales rose 13.7 percent to 56,437 units from 49,654. As emissions regulations in Europe become increasingly stringent, the two automakers are focusing on expanding sales of environmentally friendly vehicles, including the gasoline hybrid and plug-in hybrid versions of Hyundai's Tucson, its all-electric Kona, and Kia's pure electric EV3 and Niro plug-in hybrid. Last month, Hyundai and Kia together accounted for 7.


JB Financial targets Central Asia through acquisition of 2 Kyrgyz firms
Oct 22, 2026

JB Financial targets Central Asia through acquisition of 2 Kyrgyz firms

JB Financial Group is expanding into Central Asia through the planned purchase of two Kyrgyz financial firms, broadening an overseas business portfolio built largely around Southeast Asia, the company said Thursday. JB Woori Capital, its consumer finance subsidiary, has agreed to buy Korky Credit and Korky Leasing from their parent, Epoche. The deal covers all shares in both companies and is expected to close before year-end, subject to regulatory approval and registration in Kyrgyzstan. The acquisitions would give JB Financial a presence in a fifth overseas market. Its existing businesses include commercial banking in Cambodia, microfinance in Myanmar and securities services in Vietnam. The group also secured Indonesian regulatory clearance in September to purchase an 85 percent stake in KB Bukopin Finance, a local financing company. JB Financial’s interest in Kyrgyzstan is driven primarily by the country’s young population and rapid economic growth. About 70 percent of its population is reportedly under 40. Its economy expanded 11.1 percent last year, according to the Internationa


PHP security flaws alarm Korean government, companies
Oct 22, 2026

PHP security flaws alarm Korean government, companies

The Korean government has issued a nationwide security alert to businesses and website operators over critical vulnerabilities in PHP, a programming language widely used to build websites and web services, as the flaws spark widespread alarm across the globe amid concerns that they could rank among the most severe software vulnerabilities in history. Experts warned that small and medium-sized enterprises (SMEs) and individual business owners operating websites without dedicated cybersecurity personnel could be particularly vulnerable. They strongly recommended prompt security updates, noting that a vulnerability in one company's website could also affect other businesses whose websites are hosted on the same server. In a statement released Thursday, the Ministry of Science and ICT urged domestic companies and institutions operating PHP-based websites to immediately apply security updates. “The latest PHP vulnerabilities could affect a vast number of websites in Korea. An extremely urgent response is required as exploit code is already publicly available," Deputy Prime Minister and Min


Unitree developing AI system to let humanoid robots improve themselves
Oct 22, 2026

Unitree developing AI system to let humanoid robots improve themselves

Unitree Robotics is developing a “self-evolving” feedback loop designed to allow humanoid robots to write code, run simulations and improve their real-world performance independently, founder Wang Xingxing said, in a move that mirrors a broader push towards “self-improving” artificial intelligence. Speaking on Thursday at a physical AI conference hosted by Unitree in Hangzhou, Wang unveiled the project, dubbed “Unitree Rehearsal”, which he called the company’s most important initiative of the...


SSSS.Gridman is the first anime to cross over with the Ultraman Card Game
Oct 22, 2026

SSSS.Gridman is the first anime to cross over with the Ultraman Card Game

The collaboration adds a new card colour, a ready-to-play deck and rare signed cards from four cast members.


Disney+ to stream NBA games live in Singapore from 2026/27 season
Oct 22, 2026

Disney+ to stream NBA games live in Singapore from 2026/27 season

Subscribers will get 80 regular-season games, selected playoff match-ups and NBA Finals games in five seasons, included with their existing subscription.


Huawei Watch 6 Series arrives in Singapore, pre-orders start on 24 October
Oct 22, 2026

Huawei Watch 6 Series arrives in Singapore, pre-orders start on 24 October

Pre-order gifts are worth up to S$258, with an additional S$30 discount voucher for online purchases.


China’s Unitree unveils ‘guardian’ robot that can disarm attackers, lift cars
Oct 22, 2026

China’s Unitree unveils ‘guardian’ robot that can disarm attackers, lift cars

A knife-wielding intruder is confronted. A car is lifted to free a trapped victim. A pedestrian is pulled from the path of an oncoming vehicle. The scenes described are not from a Hollywood blockbuster, but a promotional clip for a new “guardian” robot created by the Chinese technology firm Unitree Robotics. The footage for the H2-X model, released on Wednesday, underscores a wider shift in strategy by the Hangzhou-based firm, as it focuses on finding practical, real-world uses for its athletic...


Australia enters the agentic AI era
Oct 21, 2026

Australia enters the agentic AI era

Australian businesses are moving beyond the first wave of workplace artificial intelligence.


Government scrambles to fix websites after AI discovers flaw could affect 70% of the internet
Oct 21, 2026

Government scrambles to fix websites after AI discovers flaw could affect 70% of the internet

A report from a cybersecurity firm estimated that the software flaw had existed undetected for more than a decade, but AI tools helped quickly identify a fix for them.


Meta to pay New Mexico a historic US$25 billion in Cambridge Analytica Facebook case
Oct 21, 2026

Meta to pay New Mexico a historic US$25 billion in Cambridge Analytica Facebook case

Meta Platforms was ordered to pay a groundbreaking US$25 billion civil penalty to the state of New Mexico in a consumer deception case spurred by the Cambridge Analytica scandal. The fine issued by state court Judge Francis Mathew is among the largest verdicts issued in US legal history. The award comes after a jury in Santa Fe determined that Meta had violated the state’s consumer protection over 43 million times based on widely viewed deceptive statements made by the company and its top...


OPPO Find X10 Pro Max launches at S$2,199 (512GB), and that’s before pre-order bonuses *Updated*
Oct 21, 2026

OPPO Find X10 Pro Max launches at S$2,199 (512GB), and that’s before pre-order bonuses *Updated*

As part of OPPO’s new Find X10 series, the Find X10 Pro Max will be joined by the more affordable Find X10 and Find X10E.


OPPO Find X10 Pro Max launches at S$2,199 (512GB), and that’s before pre-order bonuses *Updated*
Oct 21, 2026

OPPO Find X10 Pro Max launches at S$2,199 (512GB), and that’s before pre-order bonuses *Updated*

As part of OPPO’s new Find X10 series, the Find X10 Pro Max will be joined by the more affordable Find X10 and Find X10E.


All Press

YOUR NEWS, OUR NETWORK.

Do you have Great News you want to tell the world?

Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.

Scienfinite

Scienfinite publishes articles with a unique approach to inspire our readers with the aim to understand the world and appreciate its everyday awe.