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Chey Tae-won, chairman of SK Group (center), and Kwak Noh-jung, president and CEO of SK Hynix (center left), and Koh Seung-beom, chairman of SK Hynix Inc. (center right), ring the opening bell during the company's initial public offering at the Nasdaq MarketSite in New York on Friday.

BUSINESS / Tech / FOCUS

Jul 11, 2026

SK Hynix debut is a bet that AI breaks boom-and-bust chip cycle

South Korean memory chipmaker SK Hynix just pulled off the largest public listing by a foreign company in U.S. market history.

Samsung reported preliminary operating income of 89.4 trillion South Korean won ($58 billion) in the three months through June, dwarfing its performance for all of 2025.

BUSINESS / Tech

Jul 7, 2026

Samsung’s soaring profit fails to lift shares after AI rally

Samsung’s shares have underperformed rival those of SK Hynix, which is more focused on high-end memory geared for AI’s computation needs.

Choi Seung-ho, union leader at Samsung Electronics in Pyeongtaek, South Korea, in June. Cho secured a staggering windfall for semiconductor workers who were promised bonuses of roughly $400,000 this year.

BUSINESS / Companies

Jul 6, 2026

Millennial Samsung union leader’s $26 billion bonus victory turns to bitterness

South Korea’s artificial intelligence gold rush has both emboldened a new generation of Korean tech workers and created new divisions among them.

Samsung Electronics is the world’s biggest supplier of the memory chips that go into everything from smartphones and electric vehicles to servers at artificial intelligence data centers.

BUSINESS / Companies

May 27, 2026

Samsung workers accept wage deal that averts chip plant strike

The agreement avoids what could have been a damaging strike for Samsung and the tech industry amid shortages in the memory chip sector.

Choi Seung-ho, head of the Samsung Electronics union, Yeo Myung-koo, head of the People Team under Samsung’s Device Solutions division and the company’s chief management negotiator, and Labor Minister Kim Young-hoon pose for photographs after reaching tentative pay deal in Suwon, South Korea, on Monday.

BUSINESS / Companies

May 21, 2026

Samsung reaches 11th-hour deal with union to avoid strike

The truce averts what could have been a damaging strike for Samsung and the tech industry.

Samsung, whose operating profit soared 48-fold in the March quarter, is projected to surpass Apple?and Alphabet?to rank second only to Nvidia among the world’s most profitable tech companies.

BUSINESS / Tech

May 12, 2026

South Korea roils market by floating ‘citizen dividend’ from AI gains

The benchmark Kospi sank as much as 5.1%, then pared losses after the influential policy adviser clarified he wanted to tap “excess tax revenue” generated from the AI boom.

Visitors listen during the Science and ICT Ministry's first national Self-Reliant AI Foundation Model presentation event at COEX, in Seoul on Dec. 30, 2025.

BUSINESS / Tech

Feb 25, 2026

Rebel startups challenge conglomerates in South Korea’s ‘AI squid game’

Nicknamed after Netflix’s dystopian survival show, the contest kicked off in January and is designed to have judges pick two of the best homegrown AI models.

Visitors try out Naver Cloud’s AI at South Korea’s Independent AI Foundation Model competition in Seoul, on Dec. 30. Naver Cloud was later eliminated from the competition.

BUSINESS / Tech

Jan 20, 2026

South Korea kicks off ‘AI Squid Game’ in bid to compete with U.S. and China

The event, designed to identify the leaders in the country’s bid to become an AI powerhouse, is ruthless, like the Netflix show.

Gwanghwamun square in central Seoul on Thursday. South Korean tech giant Samsung Electronics reported a preliminary operating profit of 20 trillion won ($13.8 billion) in the three months through December.

BUSINESS / Companies

Jan 8, 2026

Samsung’s profit triples after AI supercharges memory market

South Korea’s largest company reported a preliminary operating profit of 20 trillion won ($13.8 billion) in the three months through December, up 208%.

Brian Kim (center), founder of Kakao Corp., leaves the Southern District Court in Seoul on Tuesday.

BUSINESS / Tech

Oct 21, 2025

Billionaire Kakao founder cleared in stock manipulation case

The acquittal allows Kakao to refocus on stabilizing its sprawling businesses, which ranges from messaging and fintech to mobility and entertainment.

BUSINESS / Tech

Oct 14, 2025

Samsung rides global AI boom to its biggest profit since 2022

South Korea’s largest company reported an operating profit of 12.1 trillion won in the September quarter, according to a preliminary earnings report.

Samsung, South Korea’s largest company, reported preliminary operating profit of 4.6 trillion won ($3.3 billion) in the June quarter, a roughly 56% drop from a year ago.

BUSINESS / Tech

Jul 8, 2025

Samsung profit halves amid delays to certification for advanced AI chips

The company has yet to secure certification from Nvidia for its most advanced product, creating an unusually long lead time for rivals in the highly lucrative space.

For Nintendo, it’s been a challenge making sure it can produce enough Switch 2 gaming devices to meet demand.

BUSINESS / Companies

May 20, 2025

Nintendo turns to Samsung to make chips for Switch 2

The Kyoto-based company is pivoting to Samsung because the Nvidia-based chipset that the Switch 2 employs was optimized for the Korean company’s manufacturing systems.

BUSINESS / Companies

Apr 8, 2025

Samsung shares jump after profit gets boost from new Galaxy S25

Inventory stockpiling by Chinese buyers who hurried to secure supply of electronics before U.S. President Donald Trump unleashed new tariffs also provided support.

People demand South Korean President Yoon Suk Yeol's resignation at the National Assembly in Seoul on Thursday.

ASIA PACIFIC / Politics

Dec 6, 2024

South Korea’s leader is likely to hang on, despite being reviled

For the impeachment movement to be successful, the opposition needs only eight of the 108 lawmakers in the ruling party to switch sides.

Samsung’s stock has plunged 32% from July’s peak as it lags behind rivals in AI memory and chipmaking, shedding $122 billion in market value and investor confidence.

BUSINESS / Companies

Oct 30, 2024

Samsung’s sudden $122 billion wipeout shows the cost of sleeping on AI

South Korea’s biggest company has become a stark example of how quickly fortunes can turn in the AI and chipmaking industries.

A woman walks past a Samsung store in Seoul on June 28. Sources have said that the firm is planning overseas layoffs.

BUSINESS / Companies

Oct 2, 2024

Samsung to cut thousands of jobs amid struggles in AI market

Job cuts are planned for other overseas subsidiaries and could reach 10% in certain markets, a source said.

Samsung has won the long-awaited approval from artificial-intelligence giant Nvidia for a version of its high-bandwidth HBM3 memory chips.

BUSINESS / Companies

Jul 30, 2024

Samsung begins closing gap in making AI memory chips for Nvidia

The advances that include winning approval from artificial-intelligence giant Nvidia?come after months of stumbles for Samsung.

Brian Kim (center), founder of Kakao, arrives at the Seoul Southern District Court in Seoul on Monday.

BUSINESS / Companies

Jul 23, 2024

Arrest warrant out for Kakao founder in stock-rigging case

Brian Kim is facing accusations that he was involved in a stock-rigging scheme during the high-profile takeover of SM Entertainment?in 2023.

Mark Zuckerberg, CEO of Meta Platforms, in Menlo Park, California, on Sept. 27, 2023.

BUSINESS / Companies

Feb 26, 2024

Mark Zuckerberg’s Asia tour to focus on AI

The Meta Platforms’ CEO is in Japan with his family on a ski trip, and is set to meet with his developers in Tokyo to discuss virtual-reality and AI.

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.

Kabukicho: Tokyo’s ‘stadium of desire’

For many people, utility poles and power lines have become such a familiar part of Japan’s landscape that they often go unnoticed.

Why Japan’s utility poles won’t be disappearing anytime soon

By Alex K.T. Martin

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