Korea Joongang Daily
Korea JoongAng Daily

Listed firms' net profit through September up 25 percent amid chip boom: Data

The combined net profit of listed Korean companies jumped more than 25 percent from a year earlier in the first nine months of the year, the bourse operator said Tuesday, though such an increase was focused on the country's two chipmakers.

2025-11-18

SK hynix set to boost AI readiness with expanded Yongin investment: Experts

SK hynix's expanded investment plan for its new chip cluster will bolster its responsiveness to soaring global demand for memory chips amid the AI boom, industry watchers said Tuesday.

2025-11-18

Korea to lose chip dominance to China by 2030 as competitiveness at home wanes

Korea is on track to lose chip dominance to China by 2030, according to a industry survey, which found the Korea's competitiveness will fall behind the United States as well.

2025-11-17

AI demand influences memory market with rising prices, big investments

What was expected to be a sluggish year for memory chips has turned into a full-scale boom, boosting Samsung Electronics and SK hynix stock and driving memory prices to their highest levels in years.

2025-11-17

Chey Tae-won becomes first SK hynix America chairman

SK Group Chairman Chey Tae-won has been appointed as chairman of SK hynix America. As the company has been led by presidents and vice presidents until now, the move is a clear signal that Chey is taking more direct control of SK’s U.S. operations.

2025-11-14

Semiconductor 'super-subcontractor' ASML opens new HQ in Gyeonggi to work more closely with Korean makers

The CEO of ASML, the world’s only supplier of extreme ultraviolet (EUV) lithography equipment for chip production, visited Korea this week to attend the opening ceremony of their new headquarters in Hwaseong, Gyeonggi.

2025-11-12

삼성, HBM4 반등 신호... 이례적 주식 보너스, 젠슨 황도 ‘엄지 척’

Following a sluggish stretch in technological progress, Samsung Electronics looks to catch up with rivals Micron and SK hynix in next-generation high bandwidth memory (HBM4) chips.

2025-11-12

Edge in chip supercycle swings to production capacity, says DigiTimes CEO

Semiconductor production capacity will remain a more decisive driver of profitability than technical prowess amid the ongoing AI chip supercycle, DigiTimes founder and CEO Colley Hwang said on Monday.

2025-11-10

Singer Sung Si-kyung confirms return of annual year-end concert

Singer Sung Si-kyung, who celebrates the 25th anniversary of his debut this year, has confirmed the return of his self-titled annual concert series.

2025-11-10

Lee congratulates esports team T1 on 3rd straight LoL championship win

President Lee Jae Myung on Monday congratulated Korean esports team T1 on winning the League of Legends World Championships for the third consecutive year, calling it a "remarkable feat."

2025-11-10