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☆ Seoul bus drivers strike over pay, snarling commute in South Korean capital
▼ + stars: | 2024-03-28 | by ( ) www.cnbc.com time to read: +1 min

A commuter bus drives along a road in the Jongno district of Seoul on Dec. 4, 2023. Bus drivers in the South Korean capital of Seoul went on strike on Thursday after last ditch efforts at negotiating a wage hike broke down, snarling the commute for the city of more than 9 million people and another million from the outskirts. With disruptions expected during rush hours, the Seoul Metropolitan Government said the subway will run for extended hours with additional trains put into service. The full scale strike by the city's bus drivers is the first in 12 years. The negotiations between the Seoul Bus Labor Union, which represents drivers serving 97% of bus operations, and their employers failed after the union demand for a 12.7% hike in hourly wages was dismissed as "excessive," Yonhap reported.

Persons: Yonhap Organizations: Bus, Seoul Metropolitan Government, Seoul Bus Labor Union Locations: Jongno, Seoul

☆ North Korea's arms factories are going full-tilt making weapons and ammo for Russia's war, says South Korea
▼ + stars: | 2024-02-29 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Read previewNorth Korean weapons factories are "operating at full capacity" making arms and ammunition for Russia, South Korean Defense Minister Shin Won-sik said on Monday. That's enough cargo space for 3 million rounds of 152 mm artillery shells or 500,000 rounds of 122 mm artillery shells, Shin said. AdvertisementIn exchange, Russia has been sending North Korea food and raw materials needed to create munitions, Shin said. Overall, Moscow is shipping about 30% more goods to Pyongyang than it's receiving from North Korea, Shin added. Meanwhile, the US State Department estimates that North Korea has sent some 10,000 container shipments to Russia since September.

Persons: —, South Korean Defense Minister Shin Won, sik, Shin, it's, Vladimir Putin, Kim Jong Un, Grant Shapps, Russia's, Kyiv's, Kyrylo Budanov Organizations: Service, South Korean Defense Minister, Yonhap News Agency, Business, US State Department, State Department, UK, GOP Locations: Russia, North Korea, Moscow, Pyongyang, Korea, Vostochny, Ukraine, Russian, Korean

CNN —Paris Saint-Germain midfielder Lee Kang-in said on Wednesday that he apologized to Tottenham Hotspur forward and South Korea captain Son Heung-min in person in London after a brawl took place between them at the Asian Cup this month. The pair clashed about playing table tennis while on international duty with South Korea ahead of the team’s 2-0 loss to Jordan in the Asian Cup semifinal on February 6. A television screen in Seoul, South Korea, shows the image of the pair that Son shared on Instagram. “So even if I were to face the same situation again, I would act for the sake of the team,” Son added. The Taegeuk Warriors scraped through to the Asian Cup semifinals, despite only winning one game in regulation time during the competition, before being upset by Jordan.

Persons: Germain, Lee Kang, Son Heung, Jordan, ”, Son, Ian Walton, Kim, Lee “, ” Kim, Lee, Heung, ” Lee, Lee’s, Instagram, Jung Yeon, Kang, ” Son, “, “ Kang, Karim Jaafar, Jürgen Klinsmann Organizations: CNN, Paris Saint, Tottenham Hotspur, South, Korean national football, Korea Football Association, Athletic, Yonhap News Agency, English Premier League, Brighton, Wolverhampton Wanderers, Tottenham, South Korea, Instagram, Getty, South Korean, Taegeuk Warriors, Qatar Locations: South Korea, London, Seoul, AFP, Jordan

☆ Burned-out South Korean trainee doctors walked off their jobs over a plan to boost med school enrolment
▼ + stars: | 2024-02-20 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Over 1,600 trainee doctors in South Korea walked off their jobs on Tuesday over a government plan to increase med school enrolment quotas, according to media reports. They comprise nearly half of all 13,000 trainee doctors in South Korea. Trainee doctors in South Korea regularly work shifts that stretch over 24 hours, according to a survey from a major medical trade union. AdvertisementDoctors also say an increase in medical school enrolment could compromise the quality of education and services, per Yonhap. AdvertisementIt's not the first time doctors in South Korea have walked off the jobs against a planned expansion of enrolment in the country's medical school quota.

Persons: — Organizations: Service, South Korea —, Organisation for Economic Co, Korean, Gallup, Associated Press, South Locations: South Korea

☆ New parents in South Korea are getting $750 every month as Seoul launches its 'birth encouragement' gambit to slow population decline
▼ + stars: | 2024-02-06 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Seoul officials on Tuesday announced a new "birth encouragement" program to raise fertility rates. New parents in South Korea are eligible for $750 per month until their baby turns 1 year old. After their child turns 1, parents will also be eligible for an allowance of $375 a month for one year. Nearly a fifth of South Korea's entire 51 million population lives in Seoul, where the fertility rate was 0.59 in 2022, per the latest government statistics. AdvertisementThe entire country's birth rate, by comparison, was 0.78 that year.

Persons: —, Yonhap, childrearing Organizations: Service, South Korean, Yonhap, South, Business Locations: Seoul, South Korea, China, Japan, South

☆ U.S. F-16 Jet Crashes in South Korea, Pilot Safe - Yonhap
▼ + stars: | 2024-01-30 | by ( Jan. | At P.M. | ) www.usnews.com time to read: 1 min

SEOUL (Reuters) - A U.S. F-16 fighter jet crashed into the sea off South Korea's west coast on Wednesday and the pilot was rescued safely, Yonhap news agency reported, the second crash of the F-16 aircraft in just over a month in the country. The incident occurred off the west coast city of Gunsan, Yonhap said, citing military sources. Gunsan is home to one of the two main air bases used by the U.S. military in South Korea. An official contacted at the Kunsan Air Base did not immediately have a comment when asked about the crash. (Reporting by Jack Kim; Editing by Ed Davies)

Persons: Yonhap, Jack Kim, Ed Davies Organizations: U.S, Kunsan, Base Locations: SEOUL, Gunsan, South Korea

☆ North Korea fires 200 artillery shells near Yeonpyeong Island; South reportedly orders evacuation
▼ + stars: | 2024-01-05 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

A shelter for protecting residents from potential North Korean attacks stands on Yeonpyeong Island, South Korea, on Friday, June 26, 2020. South Korea has reportedly ordered civilians on the border island of Yeonpyeong to move to shelters after North Korea fired 200 artillery shells into the sea near the island, local news media said on Friday. Yeonpyeong Island is close to what is known as the "Northern Limit Line," the de facto maritime border that separates the two Koreas. In a major escalation of tensions in November 2010, the island was bombarded by North Korean artillery, killing two South Korean marines and two civilians. North Korea and South Korea are formally still at war, as the Korean War in 1953 ended with an armistice and not a formal peace treaty.

Persons: Ban Organizations: Yonhap News, North Korean, Korea's, Chiefs, Staff, NBC News, Chosun Ilbo, Marine Corps, NLL, Reuters, North, South, United Locations: South Korea, Yeonpyeong, Korea, Korean, , Jangsan, Baengnyeong, Sansan, United Nations, North Korea

☆ South Korea's Yoon set to announce cabinet reshuffle -media
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +2 min

South Korean President Yoon Suk-yeol gives a speech on the government budget at the National Assembly in Seoul, South Korea, 31 October 2023. JEON HEON-KYUN/Pool via REUTERS/File photo Acquire Licensing RightsSEOUL, Dec 4 (Reuters) - South Korean President Yoon Suk Yeol is likely to announce a major cabinet reshuffle as early as Monday, with as many as 10 ministers including the finance minister set to be replaced, Yonhap news agency reported. The financial regulator head could also be replaced, the Korea Economic Daily reported on Monday, also citing unidentified sources. Some cabinet members are widely expected to stand down to capitalise on their increased profile to run as political candidates. Yoon does not require parliamentary approval to appoint a finance minister, who also serves as deputy prime minister.

Persons: Yoon Suk, JEON HEON, Yonhap, Park, Choo Kyung, Choi Sang, Yoon, Hyunsu Yim, Cynthia Kim, Ed Davies, Christopher Cushing Organizations: South, National Assembly, Rights, Korea Economic, Foreign, Finance, Democratic Party of Korea, Thomson Locations: Seoul, South Korea, Rights SEOUL, Korea, Busan

☆ South Korea's Yoon Set to Announce Cabinet Reshuffle -Media
▼ + stars: | 2023-12-03 | by ( Dec. | At P.M. | ) www.usnews.com time to read: +1 min

SEOUL (Reuters) - South Korean President Yoon Suk Yeol is likely to announce a major cabinet reshuffle as early as Monday, with as many as 10 ministers including the finance minister set to be replaced, Yonhap news agency reported. The transport and labour ministers may also be changed, Yonhap said, citing unidentified sources. The financial regulator head could also be replaced, the Korea Economic Daily reported on Monday, also citing unidentified sources. Some cabinet members are widely expected to stand down to capitalise on their increased profile to run as political candidates. Yoon does not require parliamentary approval to appoint a finance minister, who also serves as deputy prime minister.

Persons: Yoon Suk, Yonhap, Park, Choo Kyung, Choi Sang, Yoon, Hyunsu Yim, Cynthia Kim, Ed Davies, Christopher Cushing Organizations: Korea Economic, Foreign, Finance, Democratic Party of Korea Locations: SEOUL, Korea, Busan

☆ Woman on Meth Tried to Open Plane Door of Korean Air Flight: Report
▼ + stars: | 2023-11-25 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

A woman tried to open the emergency door of a Korean Air flight several times mid-air. AdvertisementAn airline passenger tried to open the emergency door of a Korean Air flight midair while under the influence of drugs, a report says. AdvertisementPolice said she had come to South Korea after spending six months in New York and had no record of mental illness. South Korean citizens are prohibited from using drugs, even if they are in another country where drug use is legal. In June, a 19-year-old tried to open the door during a flight traveling from Cebu to Incheon and was arrested, the outlet said.

Persons: — Organizations: Korean Air, Service, Korean, South, Yonhap News Agency, Police Locations: New York, Incheon, Korea, South Korea, Jeju, Daegu, Cebu

☆ North Korea scraps military deal with South, vows to deploy new weapons at border
▼ + stars: | 2023-11-22 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +5 min

A North Korean flag flutters at the propaganda village of Gijungdong in North Korea, in this picture taken near the truce village of Panmunjom inside the demilitarized zone (DMZ) separating the two Koreas, South Korea, February 7, 2023. Russia and North Korea have denied arms deals but have promised deeper cooperation, including on satellites. South Korea resumed the use of crewed and uncrewed reconnaissance aircraft in the border area on Wednesday, Yonhap news agency reported. Critics have said that the pact weakened Seoul's ability to monitor North Korea, and that Pyongyang had violated the agreement. South Korea has said the North Korean satellite was believed to have entered orbit, but it would take time to assess whether it was operating normally.

Persons: Kim Hong, Kim Jong Un, Vladimir Putin, Moon Jae, Moon Chung, Moon, Kim, Critics, Bruce Klingner, Klingner, Soo, hyang Choi, Josh Smith, David Brunnstrom, Sonali Paul, Ed Davies, Gerry Doyle Organizations: REUTERS, Rights, North, ., U.S . Department of State, CMA, ROK, South Korean, Yonsei University, CIA, U.S, Heritage Foundation, North Korean, Thomson Locations: Gijungdong, North Korea, Panmunjom, South Korea, Rights SEOUL, Seoul, Russia, Pyongyang, . North Korea, Korea, Washington

☆ Britain to Launch South Korea Trade Talks During Yoon Visit
▼ + stars: | 2023-11-20 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +3 min

LONDON (Reuters) -Britain and South Korea will launch negotiations on a new free trade agreement (FTA) and sign a new diplomatic accord during a state visit by South Korean President Yoon Suk Yeol this week, Prime Minister Rishi Sunak's office said on Monday. The Downing Street accord will see the countries agree to work closely on areas such as semiconductors - which South Korea is a major producer of - and artificial intelligence. Speaking to members of the South Korean community, Yoon said South Korea and Britain are partners that share universal values of freedom, human rights and rule of law, and form an economic community through trade, Yonhap news reported. The talks on a new trade deal will aim to replace the carry-over trade deal from when Britain left the European Union, which was based on replicating a deal with the EU from 2011 and reduced tariffs in a range of areas. Britain said it hoped a new trade deal would pave the way for increased digital trade and streamline currently complex procedures, and have a new rules of origin chapter.

Persons: Yoon Suk, Rishi Sunak's, Yoon's, King Charles, Charles, Yoon, Sunak, Alistair Smout, Josh Smith, Alistair Bell, Stephen Coates Organizations: South, Britain, Accord, European Union, Trans, Pacific Partnership Locations: Britain, South Korea, Downing, Korea, London, cybersecurity, United States, China, Japan, Seoul

☆ Creative Lee delights South Korea coach Klinsmann
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +2 min

Faced with a team featuring English Premier League standouts Son Heung-in and Hwang Hee-chan as well as Lee, Singapore kept 10 men behind the ball for much of the Asian qualifying Group C contest in Seoul. "When you play teams that play against you very defensively, you need creativity," Klinsmann told reporters, according to the Yonhap News Agency. Former Germany striker and coach Klinsmann was also impressed with the way Lee tracked back to help out his team defensively. "We coaches try to teach him that it always goes both ways, Luis Enrique at Paris Saint Germain does the same thing," the World Cup winner added. South Korea, looking to qualify for an 11th straight edition of the World Cup finals, take on China in Shenzhen in their second qualifier on Tuesday.

Persons: Korea's Lee Kang, Kim Soo, Juergen Klinsmann, Paris, Paris St Germain, Lee Kang, English Premier League standouts Son Heung, Hwang Hee, Klinsmann, Kang, Lee, Cho Gue, Hwang, Luis Enrique, Paris Saint Germain, Son, Nick Mulvenney Organizations: Soccer, AFC, REUTERS, Paris St, Singapore, English Premier League standouts, Asian, Yonhap News Agency, Paris Saint, Korean, South, Tottenham Hotspur, Thomson Locations: Republic of Korea, Singapore, Seoul, South Korea, Republic, Lee, Germany, China, Shenzhen

☆ North Korea's Chances of Succeeding in Spy Satellite Launch High -S.Korea
▼ + stars: | 2023-11-01 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

SEOUL (Reuters) - North Korea is in the final stages of preparations for the launch of a spy satellite and the chances of the third attempt succeeding are high, Yonhap news agency reported on Wednesday, citing South Korea's intelligence service. North Korea has made two attempts to launch its first reconnaissance satellite this year that ended in failure as stages of the boosters experienced malfunctions. The North had previously pledged to make a third attempt in October, but has so far shown no indication that it was going ahead with the launch. "North Korea is also seen to be trying to use the Israel-Hamas war in a multifaceted way," Yoo was quoted as saying after the spy agency briefing. The spy agency also said that North Korea dispatched a delegation that mainly consists of experts on artillery to Russia in mid-October, news reports said.

Persons: Yoo Sang, Kim Jong, Kim, Vladimir Putin, Yoo, Jack Kim, Ed Davies Organizations: National Intelligence Service, NIS, Israel Locations: SEOUL, North Korea, Russia, Ukraine, Korea, Russian, Moscow, South Korea, Japan, United States, Israel

☆ North Korea's chances of succeeding in spy satellite launch high -S.Korea
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +2 min

SEOUL, Nov 1 (Reuters) - North Korea is in the final stages of preparations for the launch of a spy satellite and the chances of the third attempt succeeding are high, Yonhap news agency reported on Wednesday, citing South Korea's intelligence service. North Korea has made two attempts to launch its first reconnaissance satellite this year that ended in failure as stages of the boosters experienced malfunctions. The North had previously pledged to make a third attempt in October, but has so far shown no indication that it was going ahead with the launch. "North Korea is also seen to be trying to use the Israel-Hamas war in a multifaceted way," Yoo was quoted as saying after the spy agency briefing. The spy agency also said that North Korea dispatched a delegation that mainly consists of experts on artillery to Russia in mid-October, news reports said.

Persons: Yoo Sang, Kim Jong, Kim, Vladimir Putin, Yoo, Jack Kim, Ed Davies Organizations: National Intelligence Service, NIS, Israel, Thomson Locations: SEOUL, North Korea, Russia, Ukraine, Korea, Russian, Moscow, South Korea, Japan, United States, Israel

☆ North Korea closes multiple embassies around the world
▼ + stars: | 2023-10-31 | by ( Hyonhee Shin | ) www.reuters.com time to read: +3 min

The North Korean flag flutters at the North Korea consular office in Dandong, Liaoning province, China April 20, 2021. Both Angola and Uganda have forged friendly ties with North Korea since the 1970s, maintaining military cooperation and providing rare sources of foreign currency such as statue-building projects. "This can be a sign of North Korea's difficult economic situation, where it is difficult to maintain even minimal diplomatic relations with traditionally friendly countries." North Korea has formal relations with 159 countries, but had 53 diplomatic missions overseas, including three consulates and three representative offices, until it pulled out of Angola and Uganda, according to the ministry. Correspondence with the Spanish Communist Party released on the party's website showed the North Korean embassy announcing the closing in a letter dated Oct. 26.

Persons: Tingshu Wang, KCNA, Chad O'Carroll, Kim Jong, Hyonhee Shin, Hyunsu Yim, hyang Choi, Josh Smith, Gerry Doyle, Ed Davies Organizations: North, REUTERS, Rights, NK Pro, Spanish Communist Party, North Korean, Thomson Locations: North Korea, Dandong, Liaoning province, China, Rights SEOUL, Spain, Hong Kong, Africa, Korean, Angola, Uganda, Korea, Italy, Madrid, Pyongyang, United States

[1/6] Park Young-soo, whose son died in the Halloween crowd crush a year ago, visits the memorial park where her son's ashes were buried in Pocheon, South Korea, October 24, 2023. She says she may not be able to move on with her life until she sees some kind of accountability from the government. Park is one of more than 100 family members who say the authorities have done little to hold those responsible to account. Relatives of the victims want a special law that would allow an independent and comprehensive investigation into the cause of the crush. "Nothing is reported to us nor communicated to us," said Nari Kim from Austria, who lost her younger brother in the crush.

Persons: Kim Soo, soo, Lee Nam, Lee, Yoon Suk, Lee Sang, Kim Young, Kim, Nari Kim, Jong, Woo Paik, Hyunsu Yim, Daewoung Kim, Heejung Jung, Jimin Jung, Josh Smith, Robert Birsel Organizations: REUTERS, Rights, Interior, National Assembly, Power Party, Korean Society, Thomson Locations: Pocheon, South Korea, Rights SEOUL, Itaewon, Hamilton, Seoul, North Korea, Seoul's, U.S, Japan, Iran, Austria, Korea

☆ South Korea Detains Boat Carrying Suspected North Korean Defectors
▼ + stars: | 2023-10-23 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

SEOUL (Reuters) - South Korean authorities on Tuesday detained a North Korean boat carrying people believed to be seeking to defect from the isolated country, the military said. Most North Korean escapees make their way through China and Southeast Asia, rather than attempting to cross the heavily guarded border between North and South Korea. In 2019, South Korea deported two North Korean fishermen suspected of murdering 16 shipmates aboard their vessel while crossing the sea border. This month, South Korea said it had protested to China over the suspected forced repatriation of a large number of North Koreans, who rights groups say face imprisonment and abuse at the hands of North Korean authorities. A Chinese foreign ministry spokesperson said at the time there were no "so-called defectors" in China, when asked about a report Beijing had deported about 600 North Korean defectors.

Persons: Soo, hyang Choi, Hyonhee, Ed Davies, Gerry Doyle Organizations: Joint Chiefs, Staff, Koreans Locations: SEOUL, North Korean, South, Sokcho, North Koreans, China, Southeast Asia, North, South Korea, Beijing

☆ Militaries of S.Korea, Japan and US to hold first joint aerial drill
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +2 min

The three countries are likely to conduct the exercise on Sunday and are coordinating the locations, South Korea's Dong-a Ilbo newspaper reported, citing a government source. A South Korean defence ministry official declined to confirm or comment on the details of the aerial exercise. General Kim Seung-kyum, who chairs the South's Joint Chiefs of Staff, said at a parliamentary hearing last week that the three countries were planning to stage joint aerial drills, local media reported. The U.S. nuclear-capable B-52 bomber, which is currently deployed in South Korea, made a rare flyover at a South Korean defence exhibition on Tuesday. In a further sign of growing trilateral security cooperation, South Korea, the United States and Japan have completed work on a three-way communications hotline, Yonhap news agency reported on Tuesday, citing a senior Seoul official.

Persons: Se Jong, Yul Gog Yi, Navy's Arleigh Burke, John Finn, David, Kim Seung, Hyunsu Yim, Raju Gopalakrishnan Organizations: Republic of Korea Navy, Self, Defense Force, U.S, Navy's, Ilbo, Chiefs of Staff, Seoul, Thomson Locations: Republic, SEOUL, South Korea, United States, Japan, U.S, Korean, North Korea

☆ Militaries of S.Korea, Japan and US to Hold First Joint Aerial Drill
▼ + stars: | 2023-10-18 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +1 min

SEOUL (Reuters) - South Korea, the United States and Japan will hold a joint aerial exercise near the Korean peninsula, which would be the first time the three countries are conducting such a drill, media reports said on Wednesday. A South Korean defence ministry official declined to confirm or comment on the details of the aerial exercise. But the three countries are "expanding" three-way joint military exercises on the basis of an agreement by their leaders in August at the Camp David summit to bolster cooperation against North Korea's threats, the official said. General Kim Seung-kyum, who chairs the South's Joint Chiefs of Staff, said at a parliamentary hearing last week that the three countries were planning to stage joint aerial drills, local media reported. The U.S. nuclear-capable B-52 bomber, which is currently deployed in South Korea, made a rare flyover at a South Korean defence exhibition on Tuesday.

Persons: David, Kim Seung, Hyunsu Yim, Raju Gopalakrishnan Organizations: Ilbo, Chiefs of Staff, Seoul Locations: SEOUL, South Korea, United States, Japan, U.S, Korean, North Korea

☆ Samsung, SK Hynix get indefinite waivers to ship U.S. chip equipment to their China factories
▼ + stars: | 2023-10-10 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

Samsung Electronics Co. 4GB Double-Data-Rate (DDR) 3 memory module, top, and 8GB DDR 3 memory modules are arranged for a photograph in Seoul, South Korea, on Tuesday, July 9, 2019. South Korean chip giants Samsung and SK Hynix will be allowed to ship U.S. semiconductor manufacturing equipment to their China factories indefinitely without separate U.S. approvals, South Korea's Yonhap News Agency reported on Monday. Previously, Samsung Electronics and SK Hynix obtained one-year waivers from the U.S. to continue importing advanced tools for their China plants. "The U.S. government's decision means that the most significant trade issue of our semiconductor companies has been resolved," said Choi. The latest development quells concerns Samsung and SK Hynix have about their chip production in China, which partly relies on U.S. equipment.

Persons: Choi Sang, Seoul's, Choi Organizations: Samsung Electronics Co, Samsung, SK Hynix, Yonhap News Agency, Samsung Electronics Locations: Seoul, South Korea, Korean, China, U.S

☆ South Korean firms get waiver on US chip gear supplies to China
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: +1 min

[1/2] Memory chips by South Korean semiconductor supplier SK Hynix are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. The U.S. had been expected to extend a waiver granted to the South Korean chipmakers on a requirement for licences to bring U.S. chip equipment into China. Once included in the list, there is no need to obtain permission for separate export cases. "We welcome the U.S. government's decision to extend a waiver with regard to the export control regulations. We believe the decision will contribute to the stabilisation of the global semiconductor supply chain," SK Hynix said in a statement.

Persons: Florence Lo, Yonhap, SK Hynix, Joyce Lee, Edmund Klamann Organizations: SK Hynix, REUTERS, Rights, Samsung Electronics, U.S, Korean, The U.S . Department of Commerce, Samsung, SK, Thomson Locations: Rights SEOUL, KS, China, The

☆ US to indefinitely extend China waiver for South Korean chipmakers -Yonhap
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsSEOUL, Sept 27 (Reuters) - The U.S. is expected to indefinitely extend a waiver granted to South Korean chipmakers Samsung Electronics (005930.KS) and SK Hynix (000660.KS) on needing licenses to bring U.S. chip equipment into China, Yonhap news agency reported on Wednesday. The U.S. Commerce Department has discussed details with the South Korean chipmakers on which equipment could be used in China, said Yonhap, citing unnamed sources, adding that the U.S. would make related announcements as early as this week. Last year, the chipmakers had received authorisation from the U.S. Commerce Department to supply equipment needed for chip production in China for a year without seeking additional licenses. Samsung Electronics and SK Hynix declined to comment. Samsung Electronics has NAND flash memory production in Xian, China, whereas SK Hynix has DRAM chip production in Wuxi and NAND Flash production in Dalian, in which both companies have invested billions of dollars.

Persons: Florence Lo, Yonhap, 1,353.6600, Joyce Lee, Heekyong Yang, Muralikumar Organizations: REUTERS, Rights, South, Samsung Electronics, SK Hynix, U.S . Commerce Department, South Korean, U.S . Department of Commerce, Samsung, U.S, of Commerce, Thomson Locations: Rights SEOUL, U.S, South Korean, China, Xian, Wuxi, Dalian, TrendForce

☆ Thailand win first esports medal as princess rides in
▼ + stars: | 2023-09-26 | by ( Ian Ransom | ) www.reuters.com time to read: +4 min

Asian Games - Hangzhou 2022 - E-Sports - China Hangzhou Esports Centre, Hangzhou, China - September 26, 2023 Players from Team Thailand prepare before the Arena of Valor Asian Games Version Bronze Medal Match REUTERS/Ann Wang Acquire Licensing RightsHANGZHOU, China, Sept 26 (Reuters) - Thailand claimed the first esports medal awarded at the Asian Games on Tuesday in an event closely watched by Olympic officials as a princess of the kingdom made a royal entrance to the equestrian event. But an enthusiastic crowd of locals cheered on the Thais at the Hangzhou Esports Centre as they prevailed 2-0 in a best-of-three match for the popular mobile phone game developed by a Chinese tech firm. The players tapped their small screens furiously and communicated with team mates via headsets throughout a contest that stretched to nearly 40 minutes. If esports is the future of the Games, Thai Princess Sirivannavari Mahidol represented its past as she made a regal entrance on a horse named 'Es Fangar's Samba King' in the dressage team event. "Luckily our father is supporting us," said the princess, who represented Thailand in badminton at the 2006 Asian Games in Qatar and equestrian at Incheon in 2014.

Persons: Ann Wang, Sirivannavari Mahidol, King Vajiralongkorn, Zhang Boheng, Zhang, Takeru Kitazono, nation's, Lee Hye, kyeong, Kwon, Martin Quin Pollard, Peter Rutherford Organizations: China Hangzhou Esports, Team Thailand, of Valor, REUTERS, Rights, Asian Games, Olympic, Vietnam, esports, Jakarta Asian, Thais, Hangzhou Esports, Thailand, Games, South, Doping Agency, Olympic Council of Asia, OCA, Thomson Locations: Hangzhou, China Hangzhou, China Hangzhou Esports Centre, China, Rights HANGZHOU, Thailand, Bangkok, Sorawat, India, Qatar, Incheon, North, Jakarta, Communist, Korean

☆ China's Xi seriously considering South Korea visit, Yonhap reports
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +2 min

GIANLUIGI GUERCIA/Pool via REUTERS/File Photo Acquire Licensing RightsBEIJING/SEOUL, Sept 23 (Reuters) - China's President Xi Jinping on Saturday said he will seriously consider visiting South Korea, Yonhap news agency reported, as part of efforts to support peace and security on the Korean Peninsula. Xi, who has not visited South Korea since 2014, held talks with Han in the eastern Chinese city of Hangzhou before the opening ceremony of the Asian Games on Saturday. Xi told Han he would welcome such a summit at an opportune time and would seriously consider visiting South Korea, Yonhap reported. China attaches great importance to the positive willingness of South Korea to commit to cooperation, Xi said, according to CCTV, and asked South Korea to meet it half way to maintain the direction of friendly cooperation. Tensions between the two countries rose after North Korea's Kim Jong Un made a week-long visit to Russia earlier this month, which angered the United States, Japan and South Korea.

Persons: Xi Jinping, GIANLUIGI, Xi, Han Duck, Han, Yonhap, Korea's Kim Jong Un, Albee Zhang, Ryan Woo, Joyce Lee, Mike Harrison, David Holmes Organizations: Rights, China Central Television, South Korean, Asian Games, South, Thomson Locations: Sandton, Johannesburg, South Africa, Rights BEIJING, SEOUL, South Korea, China, Hangzhou, Seoul, Japan, North Korea, Russia, United States, Beijing

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