KB News DeskSamsung, SK hynix eye gains as GDDR7 prices rise
Nvidia weighs 20-30% graphics card price hike as memory costs climb Samsung Electronics and SK hynix are expected to benefit from rising GDDR7 DRAM prices, as Nvidia is reportedly considering…
SK sells control of wafer maker SK Siltron to Doosan for W2.3tr
SK Inc. agreed to sell its controlling stake in semiconductor wafer maker SK Siltron to Doosan Corp. for about 2.3 trillion won ($1.6 billion), freeing up cash as the conglomerate…
Kospi jumps 18% to post record daily gain
Chip stocks soar as foreign investors buy over 7 trillion won of Kospi shares South Korean stocks posted their largest daily gain on record Friday, as a chip-led rebound and…
Less China, more America: K-beauty's big two report strong Q2
Amorepacific, LG H&H post 53.3%, 87.5% second-quarter profit gains respectively Korea’s two largest cosmetics companies, Amorepacific and LG Household & Health Care, posted double-digit second-quarter growth, much of it a…
Korean cartoonist Sanho wins Eisner Award for 'Purgatory Funeral Cakes'
South Korean cartoonist Sanho has become the first Korean creator to win an Eisner Award, one of the comics industry’s most prestigious honors. Publisher Munhakdongne announced Friday that Sanho’s “Purgatory…
Coupang faces 100,000 won payout per victim over data breach
Coupang was ordered to compensate victims of a major personal data leak with 100,000 won ($70) each in either cash or Coupang Cash, South Korea’s Consumer Dispute Settlement Commission ruled…
Seoul shares surge record 18% to reclaim 6,500-point level on chip rally
South Korean stocks skyrocketed by a record 18 percent to reclaim the 6,500-point level Friday, driven by robust semiconductor gains as better-than-expected Microsoft earnings eased concerns over artificial intelligence spending.…
Korea's industrial output posts biggest gain in 6 years on autos, chips
Production, consumption and investment rise together for first time in three months South Korea’s industrial output expanded at the fastest pace in six years in June, as a sharp rebound…
Korea, Morocco highlight growing partnership on Throne Day
South Korea and Morocco underscored their commitment to deeper economic and strategic cooperation Thursday, with trade negotiations, railway infrastructure and investment emerging as key pillars of their growing partnership. Officials…
Hyundai Engineering pivots toward energy, AI infrastructure
Hyundai Engineering has unveiled a new corporate vision aimed at expanding beyond its traditional engineering, procurement and construction business into future energy and advanced industrial facilities. The company announced the…
