Hyundai Card Vice Chairman Ted Chung has been named an honorary trustee of the Museum of Modern Art (MoMA) in New York, the card issuer said Monday. The honorary title recognizes individuals who have made significant contributions to the museum through their expertise and international influence. In the role, trustees offer strategic counsel on MoMA’s major decisions, long-term vision and institutional priorities. Since 2006, the partnership between Hyundai Card and MoMA has taken many forms, from exhibition sponsorships to curatorial exchanges and research initiatives, which have helped bring Korean art into view for the museum’s 2.8 million annual visitors. The collaboration has brought solo presentations by leading contemporary Korean artists to the New York museum, including Haegue Yang and Kim Sung-hwan, whose exhibitions were part of a programming initiative known as the Hyundai Card Performance Series. Last year, genre-defying media artist Ayoung Kim made her U.S. solo debut with her celebrated “Delivery Dancer” series at MoMA PS1, a space dedicated to championing experime

Korean chipmaker SK hynix Inc. is preparing to expand its U.S. workforce, its parent company said Monday, in what appears to be a move to strengthen ties with major U.S. clients, including Nvidia Corp. SK hynix plans to make additional executive appointments and reorganize its U.S. operations around Dec. 3, according to SK Group. The planned changes follow a recent executive reshuffle at SK Group, a Korean conglomerate with businesses spanning semiconductors, construction and other sectors. SK hynix had created a new executive-level post overseeing its U.S. operations and appointed Ahn Hyun, its president in charge of development, to the position. Ahn has led the development of artificial intelligence (AI) memory products, including high bandwidth memory (HBM) at SK hynix. The appointment marks a shift in the company's approach to managing its U.S. operations, which have traditionally been headed by executives with sales and marketing backgrounds. Industry sources said the move reflects changes in how HBM contracts are secured as memory chipmakers increasingly work with customers from the

LG Uplus is joining forces with three leading Korean universities to develop artificial intelligence (AI) that can understand not only what people say but also their tone, emotions and conversational context, in a push to make interactions between humans and machines more natural. The telecommunications company said Monday it had launched the K-Voice AI Alliance with Seoul National University (SNU), the Korea Advanced Institute of Science and Technology (KAIST) and Yonsei University. The partnership aims to combine LG Uplus' experience in voice AI services with the universities' research capabilities to develop technology specifically tailored to Korean speakers. The project will focus on voice-to-voice (V2V) technology, which allows AI to understand spoken language directly and respond with speech, without first converting conversations into text. Traditional voice AI systems process speech recognition, response generation and voice output in separate stages, a process that can cause delays and produce unnatural-sounding responses. The alliance plans to establish performance evaluation s

Top executives from Samsung Electronics and Hyundai Motor Group (HMG) held a rare joint gathering, Monday, to strengthen cooperation in physical artificial intelligence (AI) and next-generation mobility technologies, signaling closer ties between two of Korea’s largest industrial groups. The meeting comes as the two conglomerates are seeking to expand cooperation beyond existing business ties in areas, such as automotive electronics, batteries and components, with a particular focus on electric vehicles (EVs), autonomous driving, software-defined vehicles (SDVs) and robotics. Samsung hosted senior Hyundai Motor Group executives at its training center in Seocheon, South Chungcheong Province, for an event dubbed HMG Appreciation Day, the first large-scale event of its kind that Samsung has held for a major Korean business group. The gathering brought together 177 executives and their spouses from the two groups under the theme “One Harmony,” highlighting their growing strategic partnership. Samsung Electronics Vice Chairman Jun Young-hyun said the two groups have been “reliable par

Late Hyosung Group Honorary Chairman Cho Suck-rai has been posthumously awarded the Korea-America Friendship Award in recognition of his decades-long efforts to strengthen economic ties between Korea and the United States. The group said that the late chairman received the 24th annual award from the Korea-America Association (KAA) at its ceremony on Monday in Seoul, with his son, Hyosung Chairman Cho Hyun-joon, accepting the award on his behalf. The association recognized Cho Suck-rai for his efforts to strengthen bilateral economic ties, particularly his role in rallying business support for the free trade agreement between Korea and the U.S. and helping secure Korea's entry into the U.S. Visa Waiver Program. Accepting the award, Cho Hyun-joon expressed gratitude on behalf of his family, noting that his grandfather, former KAA Chairman Song In-sang, had received the same honor in 2004. "It is deeply meaningful to see that my father's lifelong wish for a Korea-U.S. alliance in which the two countries understand each other and grow together is becoming a reality today," He said. "I will ke

Nvidia CEO Jensen Huang's admission of a romantic relationship with a suspected Chinese spy is raising concerns among Korean industry officials that the controversy could eventually affect the U.S. artificial intelligence (AI) giant's partnerships with Korean companies, particularly if investigations expand into potential security breaches or questions over Huang's leadership. Huang acknowledged having an extramarital affair with businesswoman Alice Huang in a message to Nvidia employees, saying he was “unfaithful” to his wife and family. New York Times first reported that U.S. intelligence officials believed that Alice Huang was a Chinese spy. Following his admission, Nvidia's board launched an independent investigation, saying there was no evidence that confidential company information or U.S. national security had been compromised, while U.S. lawmakers requested a closed-door briefing with Huang on Nov. 18. Amid the controversy, Nvidia Senior Director of Product Marketing Madison Huang, daughter of CEO Jensen Huang, canceled her planned appearance at Nvidia AI Day Seoul 2026 on M