Korean stocks rebounded late Wednesday morning, with the KOSPI rising 0.13 percent to 8,737.91, as retail investors bought market heavyweights despite a tech-led slide on Wall Street. Investors remain…
Seoul stocks opened lower Wednesday, with the KOSPI down 0.87 percent, following tech declines on Wall Street driven by Nvidia's bond sale plan and caution ahead of the Federal Reserve's policy update…
South Korea's presidential chief of staff for policy, Kim Yong-beom, proposed a "national dividend" plan to redistribute excess tax revenues from AI infrastructure profits to citizens, causing the Kos…
Politicians in Korea's southwest region hint that Samsung Electronics and SK hynix may invest in semiconductor packaging there, driven by the AI memory boom, but both companies deny knowledge of such …
Samsung Electronics will hold a global strategy meeting Tuesday to discuss business plans for the second half of the year, focusing on AI transformation and supply chain issues. The three-day meetings…
Asian tech stocks surged on Monday after the United States and Iran announced a peace agreement, with AI and semiconductor companies posting the largest gains. SoftBank rose 10%, SK Hynix climbed 6.42…
South Korea's AI ambitions face a growing electricity bottleneck as data center power demands surge, with experts warning that grid capacity—not GPU availability—is now the primary constraint. The gov…
South Korean policymakers, including President Lee Jae Myung, are calling for a national debate on sharing excess profits from the semiconductor boom, driven by AI demand, with workers and society. La…
Alphabet's Google is in talks with Samsung Electronics to manufacture part of its next-generation tensor processing unit, codenamed "Icefish," with TSMC producing the main compute die and Samsung maki…
SK hynix added 2,159 employees in 2025, reaching 34,549 total, driven by AI chip demand, while Samsung's chip division saw a slight decline. The hiring contrasts with South Korea's overall job market …
China's export curbs on tungsten have caused the price of tungsten hexafluoride, a critical gas for AI chip manufacturing, to triple year-on-year, threatening Japan's semiconductor supply chain. Japan…
OpenAI CEO Sam Altman postponed a planned June 14-15 visit to South Korea for meetings with Samsung Electronics, Naver, and Kakao, citing unavoidable personal circumstances, with no rescheduled date a…
Samsung Electronics is in talks to manufacture a memory input-output die for Google's next-generation AI chip, the 10th-generation tensor processing unit code-named "Icefish," using its 2-nanometer pr…
Samsung Electronics is lifting its three-year ban on external generative AI services, allowing employees in its DX Division to use ChatGPT, Gemini, and Claude. The reversal follows Chairman Lee Jae-yo…
OpenAI CEO Sam Altman has postponed his planned trip to South Korea, where he was scheduled to meet with Samsung, Naver, and Kakao to discuss AI cooperation. OpenAI stated that South Korea is a strate…
South Korean President Lee Jae Myung will attend a business roundtable in Rome on Friday to strengthen economic cooperation with Italy, with Samsung Electronics Chairman Lee Jae-yong among the partici…
South Korean President Lee Jae Myung will attend a business roundtable in Rome on Friday to boost economic cooperation with Italy, joined by Samsung Electronics Chairman Lee Jae-yong and other busines…
OpenAI CEO Sam Altman will visit Samsung Electronics headquarters in Suwon, South Korea next week to deliver a lecture on AI's transformative impact and strategies for AI-driven workplace innovation, …
OpenAI CEO Sam Altman has postponed his scheduled visit to Korea next week due to personal reasons, the company and industry sources confirmed Friday. The two-day trip, which was set to begin Sunday, …
Global prime brokers are reducing margin financing for hedge funds betting on Samsung Electronics and SK Hynix, as the two stocks now represent roughly 40% of South Korea's Kospi Index. The pullback f…