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Global Market: SK Hynix approves $38.3 billion investment plan through 2031 to expand AI chip productionSK Hynix approved investments of 54.3 trillion won through 2031 to expand semiconductor production, targeting rising AI-driven demand. Fund...- AI memory shortage threatens to trigger geopolitical strain, warns SK Group chiefSK Group Chairman Chey Tae-won warned that the global shortage of artificial intelligence memory chips could escalate into a geopolitical i...
- Samsung, SK hynix, Micron ramp up capacity as demand for AI infrastructure outpaces supplyGlobal memory chipmakers are expanding production capacity to meet AI demand. Samsung, SK Hynix, and Micron are investing billions in new f...
- Global Market: SK Hynix warns of historic memory chip shortage by 2027 as AI demand soarsSK Hynix anticipates a severe global memory chip shortage extending beyond 2030. Accelerating artificial intelligence infrastructure demand...
- Samsung Electronics to advance start of chip factory in Yongin to 2029Last month, both Samsung and its South Korean rival SK Hynix announced pledges to invest hundreds of billions of dollars in expanding prod...
- South Korea's Lee urges speed in launching mega chip projects"In this situation, it appears the outcome will be decided by who moves faster and who secures the lead first," Lee told a government mee...
- Global Market: Samsung, SK Hynix double down on AI chip boom with massive investment push despite oversupply risksSouth Korean chip giants Samsung and SK Hynix are investing trillions to boost memory chip production, fueled by soaring AI demand. This am...
- Samsung, SK Hynix mega South Korea chips gamble tests optimism of AI cycleSouth Korean tech giants Samsung and SK Hynix are investing billions in AI chip production, a move lauded by President Lee Jae Myung. While...
- 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 ...
- 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.
- South Korea's SK Hynix says to raise $29 billion in ADR listingSouth Korea's SK Hynix is planning a record-breaking secondary listing on the U.S. stock market, aiming to raise up to $29.4 billion. This ...
- 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...
- SK Hynix flooded with unprecedented offers from big tech firms to secure chip suppliesGlobal tech giants are making unprecedented offers to SK Hynix. They want to invest in new production lines and fund expensive equipment pu...
- SK Hynix files for US listing that source says could raise up to $14 billionSK Hynix plans to list about 2% to 3% of its total shares and hopes to use the funds to help finance its work in chip factories in South ...
- SK Hynix to buy $8 billion of ASML EUV tools in largest disclosed orderIn a regulatory filing, Sk Hynix said it would purchase the tools by December 31, 2027. Reuters reported in January that the firm plans t...
- South Korean actor Song Young-Kyu found dead in car two weeks after facing massive backlash over DUI controversySouth Korean actor Song Young-Kyu, known for his roles in several popular K-dramas, has been found dead in his car at the age of 55. This t...
- BTS's V's co-star found dead in a car. Who was Song Young-kyu?South Korean actor Song Young-kyu, best known for his role in 'Extreme Job,' was found dead in Yongin. Police reported no signs of foul pla...
- 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 ...
- South Korea prepares support package worth over $7 billion for chip industryFinance Minister Choi Sang-mok said the government would soon announce details of the package, which targets chip materials, equipment make...
- Plan your kid's break with ET-Travel and make the most of holidaysWe dedicate this issue to parents, who can now plan the Dussera-Diwali or Durga Puja vacation with kids well in time with ample research an...
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