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Samsung chip output plunged during overnight shift as workers rallied for higher wages

Samsung chip output plunged during overnight shift as workers rallied for higher wages

Samsung Electronics saw major drops in chip production at its South Korea facilities during an overnight shift on Thursday, its union says. Foundry chip output fell 58% and memory chip output declined 18% as unionised workers joined a rally seeking higher wages. The incident highlights how labour actions can quickly disrupt high-volume semiconductor supply chains.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Samsung LG Hyundai pledge fresh India investments as South Korea meets Modi for exports

Samsung LG Hyundai pledge fresh India investments as South Korea meets Modi for exports

A top South Korean business delegation met Prime Minister Narendra Modi to explore deeper expansion in India. Samsung and LG indicated fresh investment plans, while SK Hynix is considering setting up a chip facility. Hyundai, meanwhile, is set to develop electric mobility solutions tailored for India’s market, boosting bilateral trade momentum.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Korea targets big FDI push in India as semiconductors shipbuilding energy top talks

Korea targets big FDI push in India as semiconductors shipbuilding energy top talks

South Korean President Lee Jae Myung’s New Delhi visit highlights India’s push to pull in large-scale foreign direct investment in advanced manufacturing and technology. Talks centered on deepening capital flows for priority sectors like semiconductors, shipbuilding, and energy, as both sides look to ride global supply-chain shifts and position India as a top investment destination.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
South Korea launches permanent online student recruitment hub for international admissions

South Korea launches permanent online student recruitment hub for international admissions

South Korea’s Ministry of Education has rolled out a permanent online promotion hub along with live admission webinars to draw more international students. The platform consolidates details on universities, scholarships, visas, and post-study employment, shifting outreach away from temporary fairs toward a continuous system connecting students and institutions year round.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India seeks more South Korean tech and manufacturing investment to balance trade and double ties

India seeks more South Korean tech and manufacturing investment to balance trade and double ties

India and South Korea are sharpening their partnership as President Lee Jae-myung visits with an emphasis on trade and technology. South Korean firms have already invested heavily in India, but New Delhi wants deeper commitment in advanced manufacturing, including chips and ships. Both sides aim to double bilateral trade and make the economic relationship more balanced.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India and South Korea deepen ties on defence trade and future technologies

India and South Korea deepen ties on defence trade and future technologies

India and the Republic of Korea have agreed to significantly deepen their strategic partnership, prioritizing defence cooperation, economic security, industrial collaboration and emerging technologies. The two sides also reiterated their shared commitment to maintaining a free, open Indo-Pacific. The move signals closer coordination across defence and supply-chain resilience as both governments look toward future technology cooperation.

Summarised by Beize from a story on Republic on 24 Apr 2026

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South Korea promises no discrimination against US tech firms as Coupang probe continues

South Korea promises no discrimination against US tech firms as Coupang probe continues

South Korea told US lawmakers it will not impose discriminatory measures on American tech companies, including Coupang. The government said the ongoing investigation into Coupang’s data breach is handled under domestic law, regardless of where the company is from. The assurances were included in a US-South Korea trade deal fact sheet after lawmakers raised concerns.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
South Korea defends Coupang ecommerce probe as US pressure threatens security talks

South Korea defends Coupang ecommerce probe as US pressure threatens security talks

South Korea is pushing back after American lawmakers criticized its investigation into US-listed e-commerce giant Coupang. Seoul says the probe follows domestic law and due process, with no discrimination against US firms. The dispute escalated as reports claimed Washington could pause security talks unless Coupang’s American chairman is guaranteed legal safety, worsening US-South ties.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
South Korean Police Move to Arrest BTS Mogul Bang Si Hyuk Over $100 Million Fraud

South Korean Police Move to Arrest BTS Mogul Bang Si Hyuk Over $100 Million Fraud

South Korean police say they are seeking to arrest music mogul Bang Si-Hyuk, chairman of the agency behind BTS, as they widen an investigation. The move follows allegations that he illegally gained more than $100 million through an investor fraud scheme, raising new legal questions around one of K-pop’s most powerful figures.

Summarised by Beize from a story on Republic on 24 Apr 2026
South Korea expands visas for foreign tech talent and technicians to tackle labor and population decline

South Korea expands visas for foreign tech talent and technicians to tackle labor and population decline

South Korea is rolling out a new immigration push for the 2030s, expanding visa benefits for high-tech professionals and creating a separate pathway for skilled technicians. The plan broadens eligibility for its “top-tier visa” and introduces a “K-Core visa” for intermediate technical skills, aiming to attract global talent while easing labor shortages and supporting regional development.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Honda to stop selling cars in South Korea by end 2026 and shift focus

Honda to stop selling cars in South Korea by end 2026 and shift focus

Honda says it will stop selling cars in South Korea by the end of 2026, while continuing after-sales services for existing customers. The move follows market shifts and Honda’s global restructuring. Instead, the automaker plans to concentrate more on motorcycles in South Korea and is also reportedly reducing petrol vehicle production in China.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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