U.S. maritime plan allows initial ship construction in Korea

SEOUL, February 14 (AJP) - The White House on Friday unveiled the “America’s Maritime Action Plan” (MAP), a sweeping strategy to revive the U.S. shipbuilding industry that explicitly signals cooperation with South Korea and Japan. It is widely seen as laying out the blueprint for the so-called MASGA (Make American Shipbuilding Great Again) initiative discussed during Korea-U.S. tariff

President Lee to focus on policy planning during Lunar New Year holiday

SEOUL, February 14 (AJP) - President Lee Jae Myung will scale back public engagements during the five-day Lunar New Year holiday beginning Saturday and remain at the presidential residence to focus on policy planning, officials said. Lee is expected to review a range of pressing domestic and external issues, including tariff negotiations with the United States, efforts to stabilize the real estate market, and

Book-style foldables to dominate global market in 2026 amid memory shortages

SEOUL, February 14 (AJP) - The global foldable smartphone market is expected to shift from clamshell-style devices to book-type models in 2026, according to market research firm Counterpoint Research. According to Counterpoint on Saturday, book-type devices are projected to increase their share of the total foldable smartphone market from 52 percent in 2025 to around 65 percent in 2026, accounting for the maj