Samsung Electronics and SK Hynix pledged 3,200 trillion won ($2.07 trillion) in investments to expand South Korea's memory chip production capacity, betting on sustained AI demand. The plan aims to do…
South Korea's industry ministry denied rumors that the government plans to establish a think tank to utilize chipmakers' profits from the AI boom, calling the claims false and threatening legal action…
South Korea's Ministry of Trade, Industry and Resources denied rumors that it urged Samsung Electronics and SK Hynix to form a government-led think tank for channeling chipmaker profits, calling the r…
South Korea's exports surged 49.7% in the first 20 days of June, driven by a 188.4% jump in semiconductor shipments as AI demand fuels a historic boom. Samsung and SK Hynix announced $520B in new chip…
South Korea's approval of single-stock leveraged ETFs on Samsung and SK Hynix triggered a $6 billion forced selling event on June 23, wiping nearly 10% off the Kospi and sending Nasdaq futures tumblin…
South Korea President Lee Jae Myung announced a $518 billion plan to build a chip production cluster in the southwest, with Samsung and SK Hynix constructing four new fabrication plants. The initiativ…
Samsung Electronics, SK hynix, and Micron Technology face a proposed US class-action lawsuit alleging they coordinated to reduce supply of conventional DRAM while ramping HBM production, causing DRAM …
Samsung and SK hynix reaffirmed plans to invest about 800 trillion won ($518 billion) to build new semiconductor fabs and AI data centers in Korea's southwest, citing surging AI-driven memory demand. …
Samsung Electronics and SK Hynix pledged 3,200 trillion won ($2.07 trillion) in investments to expand South Korea's memory chip production capacity, betting on sustained AI demand. The plan, supported…
Asian shares mostly rose on Tuesday, tracking Wall Street gains, while the Japanese yen hit a 39-year low against the U.S. dollar, trading near 162 yen. South Korea, Japan, and Taiwan rebounded from e…
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's KOSPI surged 68% in Q2 2026, its best quarterly performance since 1998, driven by semiconductor giants Samsung and SK Hynix riding the AI wave. However, volatility spiked with 20 single-…
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 will examine ways to shorten nuclear plant construction timelines from nine to ten years to meet power demands from AI and semiconductor industries, presidential chief of staff Kang Hoon-s…
Samsung Electronics shares surged up to 6.51% on June 1 after reports it began shipping samples of its next-generation HBM4E high-bandwidth memory chips to global customers, driven by strong AI demand…
Asian shares mostly rose Tuesday, tracking Wall Street gains, with South Korea's Kospi rebounding 1.3% after recent tech-led losses. Oil prices stabilized as the U.S. and Iran agreed to send delegatio…
South Korea announced a $518 billion semiconductor push to maintain its technological edge over China, led by Samsung Electronics and SK Hynix. The plan includes building a second chipmaking hub in th…
South Korea's Industry Minister Kim Jung-kwan announced on June 29 that Samsung Electronics and SK Hynix will invest 800 trillion won ($518.3 billion) to build a semiconductor cluster in the southwest…