RNS Number : 1618K Samsung Electronics Co. Ld 29 June 2026 Future BusinessㆍManagement Plan (fair disclosure)This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the Unit…
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…
By Kwanwoo JunSouth Korea's government has laid out plans for massive outlays 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, equivalent to nearly…
South Korea's presidential office said on Monday that the government aims to complete the construction of a new chip cluster in the southwest of the country during President Lee Jae Myung's term.There will be no change in overseas investment plans of Samsung Electronics KRX:005930 and SK Hynix KRX…
Samsung Group said on Monday that it plans to invest 400 trillion won ($259.46 billion) in new chip factories in South Korea's southwest region.($1 = 1,541.6600 won)
By Junko FujitaJapan's Nikkei share average reversed course to end higher on Monday, as chip-related stocks cut losses after South Korea rolled out sweeping chip and AI mega-projects.The Nikkei TVC:NI225 closed 0.15% higher at 69,468.11, after falling as much as 1.97% earlier in the session. The br…
The Roundhill Memory ETF (DRAM) slipped 0.4% in overnight trading ahead of Monday, mirroring declines in Samsung Electronics and SK Hynix after reports said the South Korean memory giants are preparing to announce major investment plans.Samsung and SK Hynix might announce investment plans of up to…
Round-up of South Korean financial markets:** South Korean shares closed little changed on Monday, as chipmakers cut losses after a highly-anticipated announcement of "mega projects" on AI and data centre announcements.** The benchmark KOSPI KRX:KOSPI closed down 16.56 points, or 0.20%, at 8,394.65…
Chinese memory chipmaker ChangXin Memory Technologies (CXMT) has signed a long-term supply agreement with Tencent Holdings HKEX:700 worth more than 20 billion yuan ($2.94 billion) ahead of its blockbuster stock market debut, according to three people with knowledge of the matter.The agreement cover…
By Joyce Lee, Hyunjoo Jin and Heejin KimSouth Korea on Monday laid out a sweeping industrial strategy centred on semiconductors and artificial intelligence, as President Lee Jae Myung unveiled over $576 billion in investment to lock in global dominance and drive more balanced growth.The plan, ancho…
Samsung Electronics and SK Hynix plan to each build two new massive chip fabrication sites in South Korea's southwest region as part of a national project to build a chip production "ecosystem" valued at 800 trillion won ($517.87 billion), the government said on Monday.The plan was unveiled at the…
Samsung Electronics KRX:005930 and SK Hynix KRX:000660 plan to each build two new massive chip fabrication sites in South Korea's southwest region as part of a national project to build chip production "ecosystem" valued at 800 trillion won ($517.87 billion), the government said on Monday.The plan…
South Korea announced plans on Monday for semiconductor, physical AI and AI data centre mega-projects.President Lee Jae Myung was joined by the leaders of Samsung Electronics KRX:005930 and SK Hynix KRX:000660, the world's two largest memory chipmakers for the televised announcement.
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…
Round-up of South Korean financial markets:** South Korean shares fell more than 1% on Monday, as chipmakers slumped following sharp losses in U.S. peers in the previous session, while investors' focus was also on a highly anticipated investment project announcement by the government and chipmakers…
South Korea is set to unveil three "mega-projects" to fuel its next growth phase, including a new semiconductor hub in the southwest that local media say could attract investments by Samsung and SK spanning hundreds of billions of dollars over several years.The announcement would mark President Lee…
By Joyce LeeSouth Korea is set to unveil three "mega-projects" to fuel its next growth phase, including a new semiconductor hub in the southwest that local media say could attract investments by Samsung and SK spanning hundreds of billions of dollars over several years.The announcement would mark P…
By Joyce LeeSouth Korea is set to unveil three "mega-projects" to fuel its next growth phase, including a new semiconductor hub in the southwest that local media say could attract investments by Samsung and SK spanning hundreds of billions of dollars over several years.The announcement would mark P…
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
