A police officer in this file photo stands guard outside the venue of the Shangri-La Dialogue in Singapore in 2019.
Your Week in Asia

Shangri-La Dialogue, Foxconn AGM, Tiananmen anniversary

Your weekly lineup of Asia's biggest business and political events

28 May 2023
Samsung's announced investment in new chip plants in South Korea, among the largest ever, is attracting other players in the chip supply chain. (Photo courtesy of Samsung Electronics)
Semiconductors

Samsung's $230bn chip hub draws top equipment makers to Seoul area

Local supply chain development to facilitate R&D, echoing TSMC in Taiwan

28 May 2023
Kim Woojune, the head of Samsung's networks business, tells Nikkei's Future of Asia forum about the next generation of telecommunications.(Photo by Mayumi Tsumita) 
The Future of Asia 2023

Samsung exec says software will spark next leap in telecom

Kim Woojune likens coming transition to shift from 2G to smartphones

26 May 2023
Yoo Guk-hee, head of the Nuclear Safety and Security Commission, answers reporters' questions upon returning home via Incheon International Airport, west of Seoul, on May 26 after his team's trip to Japan for on-site inspection of the crippled Fukushima Daiichi nuclear power plant. 
Japan-South Korea ties

Fukushima inspection team returns to South Korea after assessment

Review of nuclear plant is latest phase of efforts to patch up strained ties

26 May 2023
Hyundai Motor Group and LG Energy Solution are teaming up to meet booming demand for electric vehicles. (Source photos by Reuters and AP) 
Automobiles

Hyundai Motor, LG to build $4.3bn EV battery factory in U.S.

South Korean automaker, battery maker cooperate to benefit from American subsidies

26 May 2023
Plaintiffs celebrate in front of South Korea's Supreme Court in November 2018 after the court ordered Japanese corporations to pay compensation to former laborers.
Politics

1st South Korean survivor of wartime labor accepts fund payment

Four plaintiffs still refuse compensation from government-affiliated foundation

26 May 2023
Blackpink performs at the 2022 MTV Video Music Awards in Newark, U.S., in August 2022. Half of the songs on the South Korean group's latest album have entirely English-language lyrics, while the others are a mix of Korean and English.
Tea Leaves

Has K-pop's global march lost rhythm?

Musical arm of the cool Korean wave is only marking time

24 May 2023
Daewoo Shipbuilding, now rebranded to Hanwha Ocean, operates a shipyard on the South Korean island of Geojedo. (Photo courtesy of Hanwha Ocean)
Business deals

South Korea's Hanwha completes takeover of Daewoo Shipbuilding

Money-losing shipbuilding giant renamed Hanwha Ocean

24 May 2023
China has been pushing for great self-sufficiency in key tech such as microchips. (Source photo by AP) 
Semiconductors

China's Micron ban creates chip dilemma for Samsung, SK Hynix

Move could leave supply gaps but U.S. has urged South Korea not to fill them

22 May 2023
South Korea's Yoon Suk Yeol (2nd L), his wife Kim Keon Hee (L), Japan's Prime Minister Fumio Kishida and his wife Yuko Kishida bow as they lay flowers at the "Monument in Memory of the Korean Victims of the A-bomb", near the Peace Park Memorial in Hiroshima on May 21. (Photo by Mizuho Miyazaki) 
G-7 in Japan

Yoon says Kishida visit to Korean memorial in Hiroshima a 'brave act'

Two countries also hold brief trilateral meeting with shared ally U.S.

21 May 2023
Analysts say South Korean ammunition maker Poongsan is seeing increasing demand in Europe amid the war in Ukraine.
Aerospace & Defense Industries

South Korean ammo maker Poongsan taps into European demand

Company plans to expand capacity, gain NATO certification to win more orders

19 May 2023
Left to right: South Korean President Yoon Suk Yeol, Japanese Prime Minister Fumio Kishida and U.S. President Joe Biden. (Source photos by Reuters and AP) 
G-7 in Japan

Japan, South Korea, U.S. to tighten trade and defense ties

Official solidarity on supply chains and defense could benefit all 3 nations

19 May 2023
The Ohio-class ballistic missile submarine USS Maine (SSBN 741) departs Naval Base Kitsap-Bangor in Washington state in June 2021. It is expected to make a port call in South Korea this month.
Defense

Why a ballistic sub can visit South Korea but not Japan

Tokyo's three nonnuclear principles prevent entry; some say it's time for change

17 May 2023
Japanese Prime Minister Fumio Kishida will meet with executives of major international chipmakers, as he looks to bolster Japan's domestic industry.
Semiconductors

Kishida to meet South Korea, Taiwan, U.S. chip company execs

Japan looks to revive domestic semiconductor industry on supply concerns

17 May 2023
Samsung Electronics' chip production plant in Pyeongtaek. The South Korean company is one of the world's leading makers of semiconductors. (Samsung Electronics/Handout via Reuters)
Semiconductors

Japan's advanced chipmaking suppliers help prompt Samsung to open hub

U.S.-China tech war, founder's philosophy also behind new research facility in Yokohama

16 May 2023
South Korean President Yoon Suk Yeol has entered his second year as president. The question is whether he can spur growth in a sputtering economy.
Asia Insight

South Korea's weak growth tests Yoon's resolve to cut spending

Subsidy and patronage habits keep economy tied to inefficient old ways

16 May 2023
Hyundai Heavy Industries' Shipyard in Ulsan, South Korea. The company also performs repairs and maintenance at the shipyard in Subic Bay in the Philippines. 
Companies

South Korea's Hyundai in talks to expand Subic Bay ship business

U.S. fund Cerberus eyes more businesses at former American naval base

15 May 2023
South Korean Choco Pie makers like Orion are enjoying rising sales in Russia. (Source photos by EPA/Yonhap/Jiji and AP)
Business trends

South Korean food makers' profits grow in Russia despite war

Orion and Lotte churn out Choco Pie as other companies exit country on sanctions

15 May 2023
Drawn in by K-pop and K-dramas, there were over 13 million Europeans involved in online and offline Korean wave-related communities in 2022, according to the Korea Foundation.
Business trends

K-wave hits European classrooms

University applications for Korean studies rising across Europe

14 May 2023
Samsung's new research facility will focus on "back end" production, in which wafers are packaged into final products. 
Semiconductors

Samsung to build chip development facility in Japan

$222m investment expected to spur collaboration between Japan, South Korea

14 May 2023
Apple and Google imposed a separate 26% fee on app makers when using external payments to circumvent a South Korean designed to break the companies' dominant market position.
Finance

South Korea fails to rein in Apple, Google app fees, critics say

Lawmakers start to call for further action against U.S. tech giants' dominance

12 May 2023
A recently announced Kia electric vehicle. The automaker hopes to cultivate a market for custom-built EVs. (Photo by Kotaro Hosokawa)
Automobiles

Kia aims to sell 1m custom electric delivery trucks, taxis in 2030

South Korean automaker sees opening in market where major companies lag

12 May 2023
A radar facility is seen on high ground in Japan's Okinawa prefecture.
Defense

Japan, South Korea, U.S. radar link to reduce missile blind spots

Plan to pave way for faster, more accurate response to North Korean launches

12 May 2023
Japanese Prime Minister Fumio Kishida, left, and South Korean President Yoon Suk Yeol shake hands at a joint press conference after their meeting in Seoul on May 7.
The Nikkei View

Japan, South Korea should boost ties through shuttle diplomacy

Frequent meetings will help neighbors navigate complex bilateral relationship

10 May 2023
South Korean President Yoon Suk Yeol, left, and his wife, Kim Keon Hee, have dinner with Japanese Prime Minister Fumio Kishida and his wife, Yuko, at Yoon's official residence in Seoul on May 7. (Yonhap via Kyodo)
Japan-South Korea ties

Tokyo, Seoul seek to maintain diplomatic momentum after latest summit

Both sides eye differences over radar incident and Fukushima water dumping

9 May 2023