SEOUL (dpa-AFX) - South Korea has unveiled mega plans to enhance the country's chip manufacturing and artificial intelligence (AI) capabilities thruogh corporate investments.Under the plan announced by President Lee Jae-myung on Monday, Samsung Electronics and SK Hynix will develop a semiconductor…
South Korean brokerage Kiwoom Securities is reportedly in talks to buy a stake in Bithumb, making it the latest traditional financial firm in the country to seek exposure to a local crypto exchange.The two companies are reportedly discussing a third-party allotment of new shares that would allow Ki…
Samsung Electronics, SK Hynix, and the South Korean government on Monday announced plans to invest about $590 billion to build a new chip complex, including four chipmaking plants, with the aim of doubling the country’s dynamic random access memory (DRAM) production capacity in five years.Shares of…
By Kwanwoo JunSouth Korea has laid out plans for nearly $2 trillion of investment in semiconductor industries and artificial-intelligence infrastructure, with memory-chip leaders Samsung Electronics and SK Hynix committing to substantial new investments.More than 3 quadrillion won will be spent in…
SEOUL, South Korea, June 29, 2026 /PRNewswire/ -- AUTOCRYPT, a leading Physical AI security solutions provider, demonstrated its CCC-compliant Digital Key Self-Testing Toolkit for its Automotive Digital Key solution at the CCC Members Meeting, held in Budapest, Hungary, from June 23-25. The demonst…
SEOUL (dpa-AFX) - South Korea's Samsung Electronics and SK Group are preparing to announce investment plans of up to 2,000 trillion won ($1.3 trillion) over the next decade, according to the Korea Economic Daily. The ambitious package will be unveiled when the groups' leaders present their strategi…
SK Hynix (SKHX) and Samsung Electronics (SMSN) tokens on the Hyperliquid platform fell over the past 24 hours, with SKHX at $1,672, down about 3.5%, and SMSN at $208.7, down about 5.8%. According to BlockBeats On-chain Detection, Hyperinsight monitoring showed leveraged long positions—especially th…
Samsung Electronics (005930) shares dropped 7.7% in a South Korean market selloff; trading was halted for the second time this week as investors reassessed AI-related valuations.Lo