President Lee Jae Myung traveled to Gwangju to launch South Korea's 'artificial intelligence industrial revolution,' backed by massive investments from Samsung Electronics and SK hynix in chips, AI da…
South Korea unveiled three flagship megaprojects—semiconductors, physical AI, and AI data centers—backed by over 1,350 trillion won in planned investment, but faces challenges in securing workforce an…
S&P Global Ratings reported that South Korea's corporate earnings are increasingly dependent on semiconductors, with an AI-driven memory supercycle expected to extend through 2028. The combined operat…
A proposed US class-action lawsuit accuses Samsung Electronics, SK hynix, and Micron Technology of restricting DRAM supply during the shift to AI memory products, but analysts expect little immediate …
South Korea unveiled a sweeping infrastructure package to support megaprojects, including an 800 trillion won semiconductor expansion by Samsung and SK hynix, a 550 trillion won AI data center buildou…
Samsung Electronics and SK hynix will invest 800 trillion won ($585 billion) to build a semiconductor complex in southwestern Korea, part of a government-private sector initiative to boost AI infrastr…
South Korean President Lee Jae Myung announced a $518 billion semiconductor megaproject on June 29, including four new memory chip fabs, an HBM packaging hub, and over 1 quadrillion won in AI data cen…
South Korea announced nearly 900 trillion won ($583 billion) in semiconductor investments led by Samsung Electronics and SK hynix, including four new memory fabs in the southwest and HBM packaging hub…
South Korea unveiled a blueprint for three flagship megaprojects centered on semiconductors, AI data centers and physical AI, with investments totaling over 1.8 quadrillion won ($1.2 trillion). Presid…
South Korea announced a 800 trillion won ($585 billion) investment to build a semiconductor complex in the southwestern region, led by Samsung Electronics and SK hynix. The government also plans AI da…
Apple is lobbying the Trump administration for permission to buy DRAM chips from ChangXin Memory Technologies, a Chinese manufacturer on the Pentagon's blacklist, to cut costs amid soaring DRAM prices…
Samsung Electronics may consider an American depositary receipt (ADR) listing to attract U.S. investors and boost its valuation, following rivals like TSMC and SK hynix in the AI memory chip race. Ana…
Mirae Asset Securities research chief Park Yeon-ju said the dominance of Samsung Electronics and SK hynix in South Korea's Kospi index is justified by their outsized earnings contributions, with the t…
The FTSE 100 fell 0.2% on Friday as technology stocks declined after a New York Times report that OpenAI may delay its initial public offering until 2027 due to concerns about market interest. The rep…
South Korean stocks tumbled nearly 6% on Friday as investors locked in profits after recent AI-led rallies, with the KOSPI losing 519.09 points to close at 8,411.21. The rout was driven by concerns th…
Samsung Group is reportedly planning a long-term investment of up to 1,000 trillion won ($646 billion) in semiconductors, AI, batteries, and displays, aiming to expand South Korea's industrial base be…
SK Telecom will invest 738.4 billion won ($477 million) in SK hynix's US-based AI investment vehicle, SK hynix NAND Product Solutions, to strengthen cooperation among SK Group affiliates in AI data ce…
South Korean stocks opened lower Friday, with the KOSPI falling 1.71% amid tech losses on Wall Street and profit taking after a sharp rise the previous session. Investors are concerned about valuation…
South Korea's KOSPI surged over 5% on Thursday, briefly topping 9,000 points, driven by a tech rally after US chipmaker Micron Technology reported better-than-expected earnings. The index closed at 8,…
Mirae Asset Global Investments is celebrating the 20th anniversary of its ETF business, which has grown into a major growth driver. The firm now manages 428 trillion won in ETF assets globally, rankin…