Tag: south korea
U.S. Seeks Share of Soaring Profits from South Korean Chipmakers Driven by AI Demand
Amid rising demand for AI chips, the U.S. aims to claim a portion of South Korean semiconductor makers’ substantial profits.
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Innovative Robotic Clothing Enables Hands-Free Dressing
Engineers develop robotic clothing that allows individuals to dress without using their hands or external assistance.
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SK hynix Shares Plummet 15% in South Korea Following Strong U.S. Market Debut
SK hynix shares fell sharply by over 15% in South Korea despite a robust $26.5 billion debut on the U.S. stock market last week.
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Samsung Accelerates Memory Production Facility Launch in South Korea by at Least One Year
Samsung plans to advance the opening of its new memory manufacturing plant in Yonin, South Korea, accelerating production by at least a year.
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SK hynix Raises $26.5 Billion Through U.S. Depositary Receipt Offering
South Korean memory maker SK hynix raised $26.5 billion from the recent U.S. depositary receipt placement, pricing shares above recent averages.
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AI Boom Drives Memory Engineers to Wealth, Deepening Social Divides in South Korea
AI-driven demand has made memory chip engineers in South Korea suddenly wealthy, fueling social tensions and disparities in income.
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SK hynix Sees Demand Outpace Supply by Sevenfold in U.S. Stock Offering Amid AI Memory Boom
SK hynix’s U.S. stock offering attracts demand seven times greater than shares available as AI memory market surges.
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Experts Question Viability of SK hynix and Samsung’s Massive Memory Chip Factory Plans
Industry analysts express concerns over SK hynix and Samsung’s multi-billion dollar memory chip plant projects in South Korea.
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Huawei Plans AI Accelerator Entry in South Korea, Challenging Nvidia’s Market Hold
Huawei aims to enter the South Korean AI accelerator market with its Ascend 950 chips and Atlas 950 SuperPod platform in late 2026.
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Samsung Employees Outside Memory Division Plan Strike Over Bonus Disparities
Samsung employees not involved in memory production are set to strike next week over unequal bonus distributions tied to company profits.
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South Korea to Allocate AI Boom Tax Revenues to Future Generations Fund
South Korea plans to channel soaring tax revenues from its booming AI-driven memory chip sector into a fund supporting youth and addressing inequality.
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SK hynix Launches Secondary Stock Offering in US to Raise $28 Billion
SK hynix initiates a major secondary stock offering on a US exchange aiming to raise $28 billion according to recent regulatory filings.
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