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Powered by chipmakers Samsung Electronics and SK Hynix, South Korea is seeing a surge in wealth, but there are questions over who gets to share in the profits When South Korea’s most high-profile divorce case returned to court last month, the lawyers were arguing not just about the breakdown of a re
The suspect allegedly inflated a token's price on overseas platforms before dumping their holdings on a domestic exchange.
South Korea's antitrust regulator alleged on Wednesday that Alphabet's Google abused its dominant position in the Android app marketplace to hinder competition and will recommend corrective measures and a financial penalty.
South Korea targets physical AI lead and commercial humanoid robots by 2028.
The South Korean government today announced a 900 trillion won, or $584 billion, initiative to grow the country’s chip manufacturing capacity. Officials also plan to build about $357 billion worth of artificial intelligence data centers. The chip manufacturing initiative will be led by Samsung Elect
South Korea has placed its biggest bet yet on the AI era. The plan commits at least $880bn over a decade to chips, data centres and robots. It is the boldest South Korea AI investment to date, and the government says speed is now the only way to survive. President Lee Jae Myung unveiled the […] This
Below is a summary of the investments and targets announced at the event and in corporate and government statements.
South Korea's chip industry is poised for a significant boost amidst soaring demand for AI components. Analysts highlight this as a crucial opportunity to outpace rivals like China. Massive investments in new factories and data centers are underway, driven by sky-high profits from advanced memory ch
Half-million strong military will train on drones as “universal combat tool.”
South Korean stocks experienced a dramatic plunge, exceeding 8% and triggering a trading halt. This sharp decline was primarily driven by a significant selloff in major semiconductor companies like Samsung Electronics and SK Hynix, alongside broader global tech sector weakness. The benchmark KOSPI i
South Korean chip stocks rallied on Thursday after Micron Technology reported a record quarter and an upbeat outlook, reviving optimism that demand for AI memory will stay tight well into next year. The benchmark KOSPI rose about 4.1%, with the country’s two memory makers, which together account for
India's External Affairs Minister S. Jaishankar, at the Jeju Forum, called for stronger cooperation between India and South Korea, referencing their collaborative strengths from 'ships to chips.' He urged the need for evolving partnerships to face a fragmented global landscape. With five proposed st
Following a series of setbacks for South Korea, a delegation from one of Asia's most active crypto markets met with the SEC's task force.
South Korea’s Kospi stock market has hit record highs thanks to AI, but experts urge caution over boom-bust cycles and a heavy reliance on two chipmakers South Korea has leapfrogged India to become the world’s sixth largest share market, leaving equity markets in the UK, Germany and France trailing
