Trump’s chip tariff threat stirs jitters; impact on Samsung, SK Hynix limited given MFN status

NEW YORK – A revived threat from US President Donald Trump to impose a 100% tariff on imported semiconductors has reignited concerns in South ...

Samsung to produce Apple’s next-gen chips at US foundry plant

The global memory chip powerhouse Samsung Electronics Co. will produce chips for Apple Inc. at its semiconductor manufacturing facilities in the US,...

DB HiTek posts 10% gain in Q2 profit, expects stable chip orders

DB HiTek Co., a South Korean specialty chip foundry, forecasts solid business performance in the rest of this year after reporting a 10% gain in ope...

Fabless chip unicorn FuriosaAI raises $120 mn in new funding

South Korea’s AI chip designer FuriosaAI Inc. said on Thursday it has raised 170 billion won ($120 million) in bridge funding from about 40 in...

LG Energy secures $4.3 bn LFP battery deal from Tesla in shift from CATL

LG Energy Solution Ltd. on Wednesday announced a $4.3 billion deal to supply lithium iron phosphate (LFP) batteries to a foreign client, identified ...

Musk confirms $16.5 bn alliance with Samsung: 'Spoke with Lee via video call'

Elon Musk isn’t leaving any room for doubt when it comes to Tesla’s multibillion-dollar chip deal with Samsung Electronics Co.The Tesla ...

Samsung Chairman Lee heads to US as chips become key trade leverage

Samsung Electronics Co. Chairman Lee Jae-yong departed for the US on Tuesday, just days before the US-set  Aug. 1 deadline for a trade deal, si...

Samsung clinches $16.5 billion chipmaking deal from Tesla

Samsung Electronics Co., the world’s top memory chipmaker, has clinched a landmark contract chipmaking deal worth $16.5 billion from Tesla Inc...

Hanwha Philly Shipyard wins 1st export-bound US LNG carrier order in 50 yrs

Hanwha Philly Shipyard has secured a 348 billion won ($250 million) order to build a liquified natural gas (LNG) carrier for Hanwha Shipping LLC, ma...

K-beauty contract manufacturers see record Q2 profits; rally likely to continue

South Korea’s major original design manufacturers (ODMs) for cosmetics, led by Cosmax Inc. and Kolmar Korea Co., are estimated to have posted ...

Samsung to buy US health tech firm Xealth in digital health push

Samsung Electronics Co. will acquire Xealth, a US-based healthcare platform provider, as it steps up efforts to foster non-semiconductor businesses ...

Samsung’s Q2 operating profit halves amid sluggish chip sales

Samsung Electronics Co.'s operating profit in the second quarter missed market expectations, with a 56% on-year fall, as its mainstay semiconductor ...

Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs

Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker, has abandoned plans to build a new manufacturing plant in Mexico and ...

Samsung on hiring spree to bolster US foundry sales

Samsung Electronics Co. is on a hiring spree for senior sales managers in its foundry business, offering generous compensation packages, as it goes ...

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge

Global memory chip markets, long weighed down by excess inventories and sagging demand, are showing early signs of a thaw.South Korea’s export...

SK Hynix leads Samsung in customized HBM; lands Nvidia, Microsoft deals

SK Hynix Inc. has secured Nvidia Corp., Microsoft Corp. and Broadcom Inc. as key clients of its customized high-bandwidth memory (HBM), positioning ...

Samsung supplies HBM3E to AMD’s new accelerators

Samsung Electronics Co. has delivered the fifth-generation high-bandwidth memory (HBM) to a major AI chip maker, Advanced Micro Devices Inc. (AMD), ...

Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix

In a move that could reshape the global memory industry’s competitive dynamics, Nvidia Corp. has chosen US chipmaker Micron Technology Inc. as...

KAI seals $700 mn FA-50 fighter jet export deal with the Philippines

Korea Aerospace Industries Ltd. (KAI) on Tuesday signed a $700 million contract to supply 12 FA-50 fighter jets to the Philippines, marking the larg...

Ex-TSMC executive joins Samsung Foundry to lead US expansion

Samsung Electronics Co. has brought a former Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) executive on board to lead its North American fo...

S.Korea imports Canadian oil for 1st time under Trump's 2nd term

South Korea has imported crude oil from Canada for the first time amid escalating tariff tensions between the US and Canada since Donald Trump's ret...

UK chip testing device maker TeraView seeks Kosdaq debut

TeraView Ltd., a UK semiconductor inspection device maker, is aiming to list on South Korea’s Kosdaq market in the second half of this year, i...

BYD’s Atto 3 overtakes Tesla’s Model Y as best-selling EV in South Korea

China’s BYD Co. has dethroned Tesla Inc. in South Korea with its compact sport utility vehicle, the BYD Atto 3, becoming the best-selling impo...

South Korea asks US for tailored approach to chip tariffs

South Korea has officially requested that the US take a distinct approach in its ongoing probe into foreign semiconductor technology and related dow...

BMW surpasses Mercedes in Korean sales for 1st time in 10 years

The top five imported car brands in South Korea underwent a major shake-up last year. BMW overtook Mercedes-Benz in sales for the first time in a de...

Samsung Biologics bags $514 mn CMO contract from US pharma

Samsung Biologics Co., the world’s largest contract manufacturing organization (CMO), said on Monday it has secured a $5.14 million order from...

SK On seals $2.8 bn battery deal with Bezos-backed US EV start-up Slate

SK On Co., the battery subsidiary of South Korea’s energy conglomerate SK Group, has signed a supply agreement worth an estimated 4 trillion w...

Korea’s Q1 economic contraction adds to stimulus expectations

South Korea's economy unexpectedly contracted in the first quarter as exports and consumption fell amid a political crisis and fears over the impact...

SK Hynix’s Q1 profit soars on HBM chips, beats Samsung’s overall earnings

SK Hynix Inc., the world’s second-largest memory chipmaker, reported a dramatic surge in first-quarter profits on Thursday, delivering the sec...

SK Hynix bets on 3D HBM as next game-changer in AI chip race

SK Hynix Inc., the world’s top DRAM memory chipmaker, aims to redefine the competitive landscape in artificial intelligence memory chips with ...