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SEOUL INTELLIGENCE REPORT
'One-time opportunity': South Korea bets big on AI boomSouth Korea's chip industry is poised for a significant boost amidst soaring demand for AI components. Analysts highlight this as a crucial...- South Korea's Kospi surges 6% as chip stocks rebound. Here are two major triggersSouth Korea’s KOSPI surged as much as 6% to an intraday high of 8,982, extending gains for a second straight session and recovering sharply...
- How SK Hynix's bet on a niche memory chip made it more valuable than SamsungSK Hynix has risen to claim the title of South Korea's most valuable company, a testament to its visionary 14-year investment in high-bandw...
- Intel hires former SK hynix chief Lee Seok-hee to lead advanced packagingIntel has appointed former SK hynix and SK On CEO Lee Seok-hee as a senior vice president in its foundry business. Lee will lead advanced p...
- The Next Frontier: LG's future is not just the TV and fridge in your homeLG Electronics is accelerating its transformation: LG Electronics is transforming from a home appliance maker to a technology powerhouse. T...
- Nvidia CEO Jensen Huang says robotics is South Korea's next big sector, points to 'some suprises'He was talking to reporters after arriving at Gimpo airport in South Korea on a flight from Taiwan.He was talking to reporters after arri...
- Amid US-Iran war, North Korea flaunts new nuclear fuel facility, Kim Jong Un calls it "amazing, beyond rhetorical description"North Korea has revealed a new facility for nuclear bomb fuel production, with Kim Jong Un vowing to exponentially expand the nation's nucl...
- What is oil price prediction for Monday? Oil prices fall as US-Iran ceasefire talks support market sentimentWhat is oil price prediction for Monday? Oil prices ended lower on Friday as investors reacted to signs of progress in talks between the Un...
- Nvidia CEO Jensen Huang to visit South Korea: sourceThe chief executive of the world's most valuable company is expected to meet with companies including SK Group, Hyundai Motor Group, LG Cor...
- 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...
- Why Samsung shares just surged 7% to save Kospi from a tragic market meltdownSamsung Electronics shares surged sharply on Monday after the company resumed mediated wage negotiations with its largest labour union, eas...
- Samsung Electronics union threatens to walk out of pay talks if no mediation proposalSamsung Electronics' labour union in South Korea is threatening to halt pay negotiations. The union demands a larger share of operating pro...
- South Korean-operated vessel ablaze in Strait of Hormuz; Trump says Iran fired at shipA South Korean ship experienced an explosion and fire in the Strait of Hormuz. U.S. President Trump stated Iran was responsible for the att...
- Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
- Global Market Update: Market cap of South Korean-listed firms surpasses $4.08 trillion for 1st timeSouth Korea's stock market has crossed a significant milestone, exceeding 6,000 trillion won in total capitalization. This surge is largely...
- Labour union of Hyundai Motor demands 30% company's net profit as performance bonusesHyundai Motor Group's labor union is demanding a significant performance bonus. They seek 30 percent of last year's net profit, amounting t...
- Korean AI chip startup DEEPX, Hyundai work on robots powered by generative AISouth Korean AI chip maker DEEPX is joining forces with Hyundai Motor Group. They will create a new computing platform for generative AI ro...
- Samsung, Mistral AI discuss cooperation in AI memory sectorSamsung Electronics and French AI startup Mistral AI explored cooperation in AI memory. Mistral AI CEO Arthur Mensch met Samsung's head of ...
- North Korea may conduct nuclear test after US polls, says South Korea's spy agencyNorth Korea is expected to conduct its seventh nuclear test after the US presidential elections in November, according to South Korea's int...
- North Korea preparing for mass test-launch of missilesNorth Korea is preparing up to 10 more short-range missiles for a mass test-launch, South Korean news reports said on Thursday.
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