Samsung to make 2-nanometer GAA chips by 2025 to overtake TSMC

Samsung Electronics Co. said on Thursday it will be able to commercialize a 2-nanometer transistor process technology by 2025 to take on bigger foun...

S.Korea shows rare unease against US request for Samsung data

The South Korean government has expressed open concern about the recent request by the US Department of Commerce for more information on the global ...

Chip shortage slams Korean carmakers’ new car rollouts

The unprecedented global chip shortage is thwarting automakers’ plans to roll out new vehicles, with some popular models set to be delivered t...

Samsung's cash reserves dwindle on increased R&D, other investments

Samsung Electronics Co. is well known for its ample cash reserves close to $100 billion, ready to spend where it deems necessary for growth.But the ...

Police fund to appoint equities specialist as CIO

South Korea's Police Mutual Aid Association (PMAA) has picked Han Jong-seok, a former chief investment officer of Meritz Asset Management Co. and eq...

Samsung, ARM chip design partner Gaonchips eyes IPO in 2022

South Korea’s leading semiconductor design house Gaonchips Co. has officially kicked off preparations to go public in the first half of 2022. ...

BOK to exclude high emitters from FX reserves portfolio

The Bank of Korea (BOK) is planning to exclude the bonds and equities issued by high carbon emitters from its foreign reserves portfolio in stages, ...

Hyundai to develop alternatives to automotive chips

Hyundai Motor Co., South Korea’s top automaker, plans to develop alternative elements to automotive chips in preparation for a prolonged suppl...

Batteries, chips strengthen US-Korea economic ties

Battery and chip industries are reinforcing economic cooperation between the United States and South Korea, expanding their ties focused on security...

Hyundai Steel, Samsung develop tech to recycle chip waste for steelmaking

Hyundai Steel Co. and Samsung Electronics Co. said on Monday they have developed technology that can recycle the chipmaker’s wastewater sludge...

Korean military fund targets medium-risk global assets

The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is chasing medium-risk, medium-return assets in developed markets with a...

US pressures Samsung, chipmakers to disclose key internal data

The American government is forcing global semiconductor manufacturers to submit internal information on their chip inventory as well as the number o...

Samsung to make Tesla’s HW 4.0 self-driving auto chip

SILICON VALLEY – Samsung Electronics Co., the world’s leading chipmaker, will manufacture Tesla Inc.’s next-generation hardware 4 ...

Korean startup FuriosaAI's Warboy overtakes Nvidia

South Korea-based artificial intelligence semiconductor startup FuriosaAI Inc.'s silicon chip has delivered higher performance than the US-based chi...

Taylor city in Texas likely to host Samsung’s new US chip plant

The global semiconductor industry is keeping a close eye on whether Taylor, a city located in Williamson County of Texas and the most probable site ...

SK Hynix-led $101 bn Korean chip project delayed again

SK Hynix Inc.’s $101 billion project to build a semiconductor complex in South Korea was delayed again, stoking concerns that the world’...

Intel to invest up to $95 billion in European chipmaking amid US expansion

Intel Corp. plans to build new chipmaking facilities in Europe valued at up to $95 billion, responding to a cross-border race to add manufacturing c...

SK Ecoplant to sell plant building business before IPO

SK Ecoplant Co., formerly known as SK Engineering & Construction Co., is in advanced stages of talks with a consortium of South Korea-based IUM ...

Blockbuster startup IPOs curb NPS' VC diversification

South Korean startups' blockbuster initial public offerings over the past year, including Krafton Inc. and HYBE Co., have left the National Pension ...

Sumitomo Chemical to build $90 million photoresist plant in S.Korea

Japan’s major chemical company Sumitomo Chemical Co. will invest more than 10 billion yen ($91 million) in South Korea to manufacture photores...

S.Korean millennials rush on Nasdaq and NYSE amid sluggish Kospi

South Korean millennials in their 20s and 30s are rushing to Nasdaq and the New York Stock Exchange (NYSE) amid skyrocketing real estate prices in t...

Will Samsung follow TSMC's price hikes?

Samsung Electronics Co., the world’s largest memory chip maker, is expected to raise foundry prices in the near term as surging demand is outp...

NPS to cut outsourcing of foreign bond investments

South Korea’s National Pension Service, the world’s third-largest pension fund, was set to reduce outsourcing of foreign bond investment...

Samsung to invest $200 bn over next 3 yrs, including M&As

Samsung Group will invest a combined 240 trillion won ($206 billion) over the next three years in its core businesses such as semiconductor, display...

POBA invites bids for $400 mn multi-asset mandates

South Korea's Public Officials Benefit Association (POBA) will commit $400 million to two multi-asset funds this year, in its first investment in th...

Carmaker stocks hit speed bump of chip shortage, Delta variant

Shares in global carmakers such as Hyundai Motor Co. and Toyota Motor Corp. are tumbling. The automotive chip shortage is expected to deteriorate fu...

BlackRock Real Assets makes first Korean solar investment

BlackRock Real Assets, a unit of the world’s largest asset manager BlackRock Inc., has acquired an unspecified stake in Brite Energy Partners ...

Luxury imported car sales growth at 5-yr high in S.Korea

Mercedes-Benz, BMW and Porsche have driven the double-digit growth of imported car sales in South Korea in the first seven months of this year, with...

Yellow Umbrella sets sights on warehouses, secondaries

The Yellow Umbrella Mutual Aid Fund, a $14 billion savings arm of South Korean small business owners, is planning to further reduce the proportion o...

SK E&S' $2 bn preferred share deal shortlisted to four candidates

SK E&S Co., the largest city gas supplier in South Korea, has shortlisted four candidates among seven preliminary bidders to invest in 2 trillio...