Technology



SK Hynix approves $38 billion chip investment to expand South Korea manufacturing

SK Hynix has approved a multi-year investment programme worth approximately $38.3 billion, reinforcing its long-term strategy to expand semiconductor manufacturing capacity and strengthen South Korea's position in the global memory chip industry. The decision marks one of the company's most......

Samsung’s AI-driven chip boom fuels 19-fold surge in second-quarter operating profit

Samsung Electronics has delivered an extraordinary jump in second-quarter earnings, underscoring the transformative impact of artificial intelligence on the global semiconductor industry and reinforcing the company's position at the center of the AI hardware supply chain. The South Korean technology......

SK Hynix posts record quarterly profit as AI-driven chip demand accelerates

South Korean semiconductor manufacturer SK Hynix reported record financial results for the second quarter, driven by surging global demand for advanced memory chips used in artificial intelligence applications. The company announced a net profit of 93 trillion won (approximately €56.2 billion)......

South Korean officials apologize over leveraged single-stock ETFs amid market turmoil

South Korea's top economic policymakers have publicly apologized for the introduction of single-stock leveraged exchange-traded funds (ETFs) after the products came under scrutiny for their potential role in amplifying volatility during the country's recent stock market downturn. Speaking during......

US and South Korean tech giants forge a $950 billion artificial intelligence alliance

Major technology companies from the United States and South Korea have agreed to pursue a series of strategic partnerships and projects with a combined value estimated at $950 billion, highlighting the growing importance of artificial intelligence and advanced semiconductor technology. The cooperation......

Samsung secures Broadcom AI chip partnership worth over $200 billion through 2030

Samsung Electronics has secured one of the most significant semiconductor partnerships in its recent history, announcing a long-term agreement with U.S.-based chip designer Broadcom that is expected to generate business valued at more than $200 billion through 2030. The agreement expands collaboration......

Samsung expands foldable smartphone lineup as rising chip costs drive price increases

Samsung Electronics has reinforced its commitment to the premium foldable smartphone market by introducing a new compact foldable device while increasing prices across its latest foldable range, reflecting mounting production costs and intensifying competition ahead of Apple's expected market entry. The......

Samsung unveils the new Galaxy Watch9 with upgraded features

Samsung has introduced its latest Galaxy Watch9 smartwatch, positioning the new model as a feature-rich device designed to combine advanced health monitoring, connectivity and durable construction. The smartwatch features a robust body made from a combination of aluminium, plastic and reinforced glass.......

AI-powered breakthrough could transform the future of QLED display technology

Researchers in South Korea have developed an artificial intelligence platform that could significantly improve the manufacturing of next-generation QLED displays, potentially delivering longer-lasting and more efficient screens for consumer electronics. The research team, led by scientists from Seoul......

Samsung prepares to launch the Galaxy Z Flip8 foldable smartphone

Samsung is reportedly preparing to unveil its next-generation foldable smartphone, the Galaxy Z Flip8, introducing several hardware upgrades and enhanced features aimed at strengthening its position in the premium foldable device market. According to industry reports and recent leaks, the upcoming smartphone......

South Korea tightens rules on leveraged single-stock ETFs to curb market volatility

South Korea's financial authorities have announced tighter regulations on leveraged exchange-traded funds (ETFs) linked to individual companies, responding to concerns that the rapidly growing investment products have amplified volatility in the country's equity market. The new measures target......

Tokyo and Seoul stocks tumble as investors question AI profitability

Asian equity markets came under heavy selling pressure on Thursday as growing investor concerns over the profitability of artificial intelligence investments triggered a sharp decline in technology shares, sending benchmark indices in Tokyo and Seoul significantly lower. The sell-off was led by semiconductor......

Samsung may increase smartphone repair prices as component costs rise

Samsung Electronics could introduce higher smartphone repair prices in the coming months as rising production costs continue to affect the global electronics industry. According to industry reports, the company has recently increased the prices of replacement parts supplied to its authorized service......

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