Korea Joongang Daily
Korea JoongAng Daily

Kospi tops 5,000, but ascent precarious on shaky real economy

The Kospi broke 5,000 on Thursday for the first time since its launch 46 years ago, marking a meteoric climb, but deteriorating fundamentals in the real economy and a sharply weakening won temper any sense of triumph.

2026-01-22

Gyeonggi gov't, Kepco sign MOU to build underground power grid for SK hynix's chip fab

SK hynix cleared a key hurdle for its Yongin semiconductor industrial complex on Thursday as local authorities agreed on a plan that will secure the full 5.5 gigawatts of power required for the chip giant's project.

2026-01-22

Chip sector's 'hyper bull' phase driving companies to aggressively accelerate expansion, production

Chipmakers are quickly ramping up their production capacity as the soaring demand for semiconductors only continues to increase with the growth of artificial intelligence (AI) servers.

2026-01-20

Why the AI bubble isn't a bubble at all, explains Merck’s next chairman

Kai Beckmann, newly-appointed Merck Group chair who currently serves as CEO of the Electronics Business of Merck, dismisses the skepticism surrounding a supposed AI bubble as overstated, insisting that it is a technology that is here to “stay.”

2026-01-15

Kospi continues to climb, surpasses 4,700 for first time

The Kospi surpassed the 4,700 mark for the first time in history on Wednesday. As of 9:26 a.m., the index stood at 4,700.91, up 0.18 percent from Tuesday's close. The Kospi opened at 4,685.11, down 0.16 percent.

2026-01-14

With this year’s memory sold out, SK hynix moves ahead with $13B capacity boost

With this year’s entire memory production already sold out or locked in by major clients, SK hynix is ramping up capacity by investing 19 trillion won ($12.9 billion) in a new packaging facility in Cheongju, North Chungcheong.

2026-01-13

SK hynix to spend $13 billion on new chip packaging facility in Cheongju

SK hynix, the world’s second largest memory chipmaker, will spend 19 trillion won ($12.9 billion) to build a new packaging facility in Cheongju, North Chungcheong, as it ramps up capacity to meet increasing demand for high bandwidth memory (HBM).

2026-01-13

[단독] 산업부, 용인 반도체 클러스터 재확인…“이전 계획 없다”

세계 최대 규모의 반도체 산업단지가 될 용인 반도체 클러스터 이전 논란에 대해 관리·개발을 총괄하는 산업통상부가 “계획대로 추진하겠다”며 명확히 선을 그었다.

2026-01-08

Kospi breaks 4,600 during trading, but signs of coming short sale growing

The Kospi climbed above 4,600 during trading on Wednesday, as gains in Samsung Electronics, SK hynix and Hyundai Motor Company propelled Korea’s benchmark share index to intraday record levels.

2026-01-07

Thanks to HBM4, chipmaker declares 'Samsung is back' in New Year messages from vice chair, president

Samsung Electronics claimed that the Korean chipmaker earned back its technological competitiveness in memory with high client evaluation marks for sixth-generation high bandwidth memory (HBM4) chips in its New Year’s message on Friday.

2026-01-02