Korea Joongang Daily
Korea JoongAng Daily

Global auto parts makers camp out in Korea, vying to secure memory chips from Samsung, SK hynix

A shortage of memory chips is starting to be felt in the automotive sector as chipmakers funnel their scarce capacity into lucrative AI- and data-center-driven memory, pushing low-margin automotive chips to the back of the line.

2026-02-11

SK hynix employees to get largest-ever performance bonuses this week after chipmaker's record-setting year

SK hynix will pay its largest-ever performance bonuses to employees after having set this year’s profit-sharing (PS) payout rate at 2,964 percent, according to industry sources on Wednesday.

2026-02-04

SK hynix set to overtake Samsung after posting record $33.1B profit in 2025

SK hynix posted an all-time high operating profit of 47.21 trillion won ($33.1 billion) in 2025, more than double the previous year's figure, as the company fully capitalized on an AI-driven memory supercycle that boosted demand and pricing power.

2026-01-28

SK hynix logs record earnings in 2025 on AI chip demand, HBM technology

SK hynix posted record earnings in 2025, fueled by surging demand for AI memory chips and the company's dominance in high bandwidth memory (HBM) technology.

2026-01-28

SK hynix has won two-thirds of Nvidia's next-gen high-bandwidth memory orders: Industry sources

As global competition heats up over next-generation high-bandwidth memory (HBM), or HBM4, SK hynix has reportedly secured more than two-thirds of Nvidia’s HBM4 orders.

2026-01-28

U.S. threat of 100% memory chip tariff at odds with reality

U.S. Commerce Secretary Howard Lutnick’s threat to hit memory chipmakers — specifically Samsung Electronics and SK hynix — with 100 percent tariffs unless they commit to building facilities in the United States is widely viewed as unrealistic.

2026-01-28

Kospi closes above 5,000 in first as investors shrug off Trump tariff threats

Threats of higher U.S. tariffs failed to dent investor confidence on Tuesday, as Korean stocks surged past a historic milestone and closed above the 5,000 mark for the first time.

2026-01-27

Kospi passes 5,000: Is the rally just getting started?

The Kospi has broken through the 5,000-point threshold, but doubts remain over whether the rally is sustainable. While some expect to see further gains, potentially beyond 5,500 points, others warn of a possible pullback.

2026-01-25

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