Korea taps Samsung, SK Hynix in $576 billion AI-chip drive to cement global leadershipThe plan, anchored by Samsung Electronics and SK Hynix, marks Lee's boldest push yet to align South Korea's AI and chip ambitions with his ...
29 Jun, 2026, 04.22 PM IST
Key facts on South Korea's three chip and AI 'mega projects'Below is a summary of the investments and targets announced at the event and in corporate and government statements.
29 Jun, 2026, 04.18 PM IST
In South Korea, a job or partner at Samsung, SK Hynix is the new 'A+' catchSouth Korean matchmaking firms say people working at the firms are now being ranked alongside doctors, lawyers and people from other tradit...
23 Jun, 2026, 01.26 PM IST
South Korea concrete delivery halt threatens Samsung, SK Hynix chip plant work: ReportThe National Ready-Mixed Concrete Transport Workers' Union suspended deliveries in the Seoul metropolitan area starting on Monday, a work...
12 Jun, 2026, 09.49 AM IST
Samsung workers approve pay deal, shares surgeSamsung Electronics unionized workers have approved a bonus pay deal, averting an 18-day strike. The agreement, however, creates significan...
27 May, 2026, 08.30 AM IST
What are Samsung union workers demanding and how might a strike play out?Samsung Electronics faces its worst-ever strike as nearly 48,000 workers threaten an 18-day walkout over bonus payouts. The union demands t...
19 May, 2026, 03.44 PM IST
Samsung shares crash 9% as labour strike raises fears of $20 billion profit hitSamsung Electronics shares fell sharply on Friday as an escalating labour dispute and a looming 18-day strike raised fears of major disrupt...
15 May, 2026, 01.20 PM IST
Samsung's chip output dropped amid workers' rally, union saysProduction of foundry and memory chips at Samsung Electronics's facilities in South Korea dropped 58% and 18%, respectively, during the ...
24 Apr, 2026, 04.05 PM IST
Samsung asks court to block illegal strike activities by unionsSamsung Electronics has asked a court to block planned union strike activities, which unions have decried as a "declaration of war." Worker...
16 Apr, 2026, 02.23 PM IST
AMD CEO Lisa Su to visit Samsung chip plant in South Korea, discuss expanding ties, source saysSu is expected to meet chip executives, including Samsung's chip division chief Jun Young-hyun and Foundry Business head Han Jin-man durin...
18 Mar, 2026, 07.16 AM IST
Samsung plans $310 billion investment to power AI expansionSouth Korean conglomerate Samsung unveiled on Sunday a plan to invest $310 billion over the next five years mostly in technology powering a...
16 Nov, 2025, 04.19 PM IST
South Korean chipmakers accelerate facility investments amid booming AI demandInitially planned for foundry production, two areas of the P4 facility are now expected to be converted into DRAM production lines. These w...
04 Jul, 2025, 01.02 PM IST
South Korea to roll out $10 billion in loans next year to support chip industrySouth Korea, home to top memory chip makers Samsung Electronics and SK Hynix, is building a complex in Yongin and Pyeongtaek, south of the ...
27 Nov, 2024, 11.40 AM IST
Itaewon an inclusive, multicultural hub hit following stampede in SeoulWitnesses say the streets were so densely clogged with people and slow-moving vehicles that it was practically impossible for emergency wor...
30 Oct, 2022, 07.14 PM IST
Itaewon, site of deadly stampede in South Korea, known for hip nightlife, chic restaurantsItaewon's bars and clubs have long served American troops stationed in the country as the neighbourhood is located near the former main gar...
30 Oct, 2022, 07.30 AM IST
Samsung CEO seeks 'common denominator' in Sino-US chip warSamsung Electronics Co Ltd is seeking a "common denominator" as it navigates restrictions on US tech exports to China where the South Korea...
07 Sep, 2022, 01.59 PM IST
LG Electronics advances into electric vehicle charging businessLG Electronics recently acquired a 60 per cent stake in AppleMango for an unspecified amount, with GS Energy and GS Neotek taking over 34 p...
26 Jun, 2022, 11.15 AM IST