Bank of America upgraded its global growth forecast, citing an AI-driven export cycle in Asia and an AI investment boom in the US. The bank now expects global GDP growth of 3.2% in 2026 and 3.5% in 20…
A class-action lawsuit filed in the U.S. accuses Micron Technology, Samsung Electronics, and SK Hynix of price-fixing and artificially restricting DRAM supply, causing consumer DDR5 memory prices to s…
Samsung Electronics and SK Hynix are investing at least 1,350 trillion won ($880 billion) in chips and data centers, with potential plans to increase spending to 2,000 trillion won ($1.3 trillion) ove…
Samsung Electronics and SK Hynix announced a combined 800 trillion won ($518 billion) investment to build a new chipmaking hub in southwestern South Korea, aiming to meet surging AI-driven demand for …
South Korean President Lee Jae Myung announced a sweeping industrial strategy with over $1 trillion in investments for semiconductor chips and AI projects, aiming to secure the country's leadership in…
Samsung Electronics and SK Hynix are in talks with the South Korean government to build two new semiconductor fabrication sites in the Honam region, aiming to meet surging AI demand. The second chip c…
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 an 800 trillion won ($520 billion) semiconductor investment plan, the largest in history, to build four new chip fabrication plants and three AI data centers. Samsung Electronics…
South Korean stocks rebounded after Samsung Electronics and SK Hynix announced massive investment plans during a government briefing, with the Kospi recovering from a 3.4% drop to close down just 0.2%…
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 an 800 trillion won ($585 billion) investment in a semiconductor cluster in the Honam region, targeting HBM and advanced packaging fabs by 2034-2035. The project, led by Samsung …
South Korea unveiled sweeping chip and AI megaprojects worth US$650 billion on Monday, as President Lee Jae Myung pledged to cement the nation's leadership in the global AI and semiconductor market. T…
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…
South Korea plans up to $1.3 trillion in tech investments over the next decade, led by Samsung Electronics and SK Hynix, to boost AI-driven chip production and infrastructure. The announcement, set fo…
South Korea expects 550 trillion won ($380 billion) in private-sector investment for AI data centers, chips, and other technologies, led by Samsung Group and SK Group. Samsung plans over 1,000 trillio…
Asian markets were mixed on Monday as AI-related selloffs in Japan and South Korea dragged down regional indices, with Tokyo's Nikkei 225 falling 1% and South Korea's Kospi losing 2%. Gains in Hong Ko…
Asian markets were mixed on Monday as selling of AI-related shares pulled Japan's Nikkei 225 down 1% and South Korea's Kospi down 2%, while Hong Kong's Hang Seng gained 2.1%. The declines followed a W…