KB News DeskSamsung, SK hynix chip clusters get new power supply road map
Honam complex to receive initial 3 GW for 2029 fab operations; Yongin clusters to require over 14 GW by 2041 South Korea laid out a new power supply road map…
Seoul shares up sharply higher for 3rd day on chip rally
South Korean stocks ended sharply higher for the third straight session Wednesday as investors scooped up major chipmakers. The Korean won gained against the US dollar. The benchmark Korea Composite…
TOPIK test fee reimbursement offered to foreign residents
The Korea Financial Industry Foundation is offering financial support to foreign residents and young people from immigrant backgrounds who are looking to improve their Korean-language skills. Those who take the…
North Korea resumes long-delayed naval base construction amid fleet modernization
North Korea appears to have resumed construction of a long-delayed naval base on its east coast, as Pyongyang accelerates efforts to modernize its fleet with new destroyers and a nuclear-powered…
Smoking, drinking to be banned at Cheonggyecheon
Smoking or drinking along Cheonggyecheon, a popular stream in downtown Seoul, could result in fines of up to 100,000 won ($70), starting this year. The Seoul Metropolitan Government announced Wednesday…
Mirae Asset profit eclipses 3 of Korea’s big 4 banking groups
Record W1.91tr quarterly earnings trail only KB Financial as investment gains and overseas operations surge Mirae Asset Securities’ quarterly profit eclipsed three of South Korea’s four largest banking groups, trailing…
Should Korea loosen its 52-hour workweek for chipmakers?
Government officials are weighing greater flexibility for chipmakers even as Samsung Electronics and SK hynix make limited use of existing exemptions A debate over whether South Korea should loosen its…
Korean regulators risk undermining US-Korea trade, tech alliance, expert says
A US trade and technology expert has criticized South Korean regulators for applying rules unevenly in ways that disadvantage US companies, warning that Seoul’s approach to digital regulation could undermine…
AI rewrites the rules of memory chip sales
Samsung, SK hynix and Micron lock customers into multiyear deals that could soften — but not end — boom-and-bust cycle The artificial intelligence boom is changing not only how much…
Lee vows full backing for seven future industries to drive next wave of growth
President Lee Jae Myung on Wednesday pledged full government support for seven advanced technologies, describing them as the country’s next “mega projects” that will power future economic growth. Speaking at…
