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Tag: South Korea

Posted on January 5, 2023

Korean chips act: Semiconductor companies in South Korea may be granted with higher tax breaks

South Korea’s President Yoon wants bigger tax breaks under the Korean chips act to boost its semiconductor sector.
Posted on January 4, 2023

North Korea is developing a HIMARS for nuclear missiles

While inspecting 30 of the “super-large multiple launch rocket systems” on New Year’s Eve, North Korean dictator Kim Jong Un claimed that all of South Korea is within range …
Posted on January 4, 2023

(LEAD) S. Korea to spend at least 60 pct of budget in H1 amid economic fears

By Kang Yoon-seung SEOUL, Jan. 4 (Yonhap) — South Korea’s finance ministry said Wednesday it aims to spend at least 60 percent of the annual budget in the first half of 2023 amid the slowdown in …
Posted on January 4, 2023

U.S. and South Korea Coordinating Potential Responses to North Korea Provocation -White House

The U.S. and South Korea are planning for a coordinated response to a range of scenarios, including nuclear use by North Korea, White House spokesperson Karine Jean-Pierre said on Tuesday. Not all U.S.
Posted on January 3, 2023

South Korea in talks to manage US nukes amid growing threat from North Korea: report

President Biden denied reports that the U.S. and South Korea were engaged in nuclear weapons management talks, something South Korea insisted was a miscommunication.

( read original story …)



Posted on January 3, 2023

Tesla has been slapped with a $2 million fine in South Korea over claims it falsely advertised the range of its vehicles in cold weather

The range of Teslas drops by over 50% in cold weather, South Korea’s anti-trust regulator said at a press conference.
Posted on January 3, 2023

(LEAD) S. Korea to expand tax incentives for chip industry

By Kang Yoon-seung SEOUL, Jan. 3 (Yonhap) — South Korea will seek to expand tax incentives on strategic industries such as chips amid the heightening competition in the global market, the finance …
Posted on January 3, 2023

We’re in a chip war: Samsung veteran sounds alarm on South Korea losing ground

More Korean companies could move their major production facilities to the US, and take their best engineers with them, Yang Hyang-ja said. Samsung plans to build a $17 billion semiconductor plant in Texas,
Posted on January 3, 2023

Kim Jong Un calls for exponential increase in North Korea’s nuclear arsenal amid threats from South, US

North Korean leader Kim Jong Un is calling for an “exponential increase” in his country’s nuclear weapons arsenal in response to what he claims are threats from South Korea and the United States, Pyongyang’s state media reported Sunday.
Posted on January 3, 2023

Lydia Ko put a bow on a spectacular 2022 season with star-studded wedding in South Korea

Lydia Ko capped off a dreamy 2022 by marrying her sweetheart on Dec. 30 at the Myeongdong Cathedral in Seoul, South Korea. The current World No. 1 shared several images from the ceremony on Instagram,

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