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SOUTH KOREA CHIP INVESTMENTS
Global Market: Four US firms commit $2 billion investment in South KoreaFour U.S. companies have committed $2 billion in South Korea across semiconductors, advanced materials and renewable energy. Investments in...- South Korea says chip investments under discussion with US amid tariff concernsThe presidential official was responding to a question about whether planned tariffs on chips flagged by U.S. Commerce Secretary Howard L...
- Global Market: South Korean shares rise on chip gains, KOSPI set for third weekly lossSouth Korean shares rose 0.85% on Friday, led by gains in heavyweight chipmakers Samsung Electronics and SK Hynix, although the KOSPI remai...
- South Korea prepares Hormuz military deployment, media reports saySouth Korea is considering deploying military assets to support freedom of navigation in the Strait of Hormuz before the end of 2026, accor...
- South Korea utility proposes Samsung pays $15 billion in advance for power, paper saysState-run KEPCO, South Korea's main utility, said in a statement it had suggested an advance payment scheme to major power users including...
- Global Market: South Korean shares rebound as chip stocks track Wall Street gainsSouth Korean shares rebounded on Thursday, with the KOSPI rising 1.38% as chipmakers tracked gains in their US peers and optimism over AI d...
- Nirmala Sitharaman pushes deeper India-EU economic ties, critical supply chainsFinance Minister Nirmala Sitharaman met European Commissioner Valdis Dombrovskis to deepen economic ties. They discussed trade, technology,...
- South Korean finance minister nominee vows to advance AI projectsThe pledge follows the government's unveiling on Tuesday of its most aggressive fiscal spending plan on record for next year, which inclu...
- Micron's Taiwan unions threaten strike over bonus disputeThe two unions representing Micron workers in Taoyuan and Taichung said in a written response to Reuters that they had close to 10,000 me...
- Global Market: KOSPI gains as AI-driven chip demand lifts South Korean exportSouth Korean shares gained on Tuesday, with the KOSPI rising 0.33%, as stronger-than-expected exports and robust semiconductor demand linke...
- South Korea proposes record $597 billion 2027 budget to supercharge AI investmentIn its annual budget proposal, the budget ministry said the spending plan represented a 12.8% rise from 2026, marking the largest year-on...
- SK hynix open to US investment, sees memory shortage through 2030SK hynix CEO Kwak Noh-jung said SK hynix was looking globally for potential sites that could support its development and testing needs, cit...
- Vietnam urges Qualcomm, Samsung to deepen AI, chip investment as it seeks tech upgradeAt a meeting in Hanoi on Thursday, Communist Party General Secretary and President To Lam asked Qualcomm Chief Executive Cristiano Amon t...
- Vietnam urges Qualcomm, Samsung to deepen AI, chip investment as it seeks tech upgradeAt a meeting in Hanoi on Thursday, Communist Party General Secretary and President To Lam asked Qualcomm Chief Executive Cristiano Amon t...
- SK Hynix holds groundbreaking ceremony for $4 billion Indiana AI chip packaging facilityThe facility, at the Purdue Research Park in West Lafayette, is scheduled to begin cleanroom operations in the second half of 2028, accordi...
- Global Market: Bank of Korea hikes rates again to 3% as growth, inflation stay firmSouth Korea’s central bank raised its benchmark interest rate by 25 basis points to 3% for a second straight meeting, citing stronger-than-...
- Global Market: Kospi gains over 1% as Nvidia outlook lifts chipmakersSouth Korean shares rose, led by chipmakers after Nvidia forecast strong AI-driven revenue growth. The KOSPI gained 1.22%, while Samsung El...
- Samsung, SK Hynix stand to benefit as Nvidia AI server costs surgeServer manufacturers notified major data center customers, including Microsoft, Google, and Oracle, that prices for Nvidia-based AI systems...
- Anthropic hires Google chip veteran Amir Salek as part of push into hardwareAI firm Anthropic has hired a Google chip founder for its new semiconductor team. This move signals Anthropic's ambition to develop its own...
- South Korea plans chip windfall fund to back youth, AI investmentThe proposed "Future Response Fund" would finance programmes aimed at helping young people find jobs, buy homes and start families, while...
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