Articles by Mia Park
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Korea pitches AI projects in Africa as cloud supplier Elice prepares its Kosdaq IPO
Korea is pitching AI infrastructure and cloud services to African countries, competing with China's railway and road loans, Hankyung reported. Elice Group, which supplies the cloud, opens retail IPO orders October 7.
SK Hynix wants a large site at Gwangju's air base. Samsung's next talks are on October 6
A Jeonnam-Gwangju city summary says SK Hynix wants as much land as possible at the planned chip cluster, while Samsung is pushing to start sooner. Samsung's next talks are October 6.
"Chipflation" hits Korean electronics suppliers with demands for 10 to 20 percent price cuts
Korean suppliers of smartphone, laptop, and TV parts are being asked to cut costs by about 10 to 20 percent as memory chip prices climb, Hankyung reported. Chinese rivals are bidding 20 to 30 percent lower to win the business.
Korea's SDT is buying an IonQ quantum computer and plans to assemble its systems in Gumi
Korean quantum company SDT is buying the first Superion 256 in Korea from IonQ and plans a facility in Gumi to package IonQ's quantum memory and assemble its systems, as IonQ's preferred manufacturing partner for Asia-Pacific and Japan.
Samsung and SK Hynix's $589 billion chip cluster targets 2030 production. Military facilities must move first.
The regional government hosting Samsung Electronics and SK Hynix's planned 800 trillion won ($589 billion) memory chip cluster in Korea's southwest is targeting first production in June 2030. Meeting it will require relocating military facilities and bringing power and water to the site.
LG and Microsoft agreed to work together on AI data centers. LG Electronics rose 5.9% the same day.
LG and Microsoft signed an AI partnership that could put LG Electronics cooling equipment in Microsoft's data centers. No orders or contract value were announced, and LG Electronics rose 5.9% in Seoul on the day.
Sam-A Aluminium isn't an AI company. Its stock is up 131% this year anyway.
Sam-A Aluminium isn't an AI company, but its foil goes into the batteries behind data-center power, and demand for battery storage has made the Korean stock an AI-adjacent winner, up 131% in 2026.
Kakao opposes a US listing of Kakao Mobility. The company would see none of the $1 billion.
Kakao's board came out against a US listing of its ride-hailing arm Kakao Mobility, saying the plan is built to let TPG cash out its stake and would bring no new money to the company or to Kakao, which owns 57.18 percent.
Korea's exports hit a record in early September. Chips made up 47.8 percent of the total.
Korea shipped $71.4 billion of goods in the first 20 days of September, an all-time high for the period, with semiconductor exports up 259% to $34.1 billion and nearly half of the total.
Druckenmiller is visiting Seoul to talk AI and energy with Samsung, SK, and Doosan.
One of the world's most famous investors, Stanley Druckenmiller, is making his first publicly reported visit to Seoul. He is set to meet Samsung, SK hynix and Doosan to explore investments in AI and energy, though nothing has been decided yet.
Korea pledged $350 billion to the US a year ago. Not a dollar has moved.
A year ago Korea promised the United States $350 billion to lower its tariffs. Almost none of the contested $200 billion has been spent, and talks are stuck on three projects, a Texas power plant, a stake in Westinghouse, and an Alaska gas pipeline.
Samsung is building robots to take over the maintenance work in its chip plants.
Samsung Electronics has formed a team focused on developing robots for its chip factories. The new AX/PI group sits inside Samsung's semiconductor business, and its first task is the equipment maintenance that contractors and engineers handle now.
OpenAI and Intel doubt CXL memory can replace HBM. Samsung and SK Hynix are building it anyway.
At a technology conference in California, an OpenAI researcher and an Intel executive said CXL-connected memory is unlikely to replace HBM. That protects Samsung and SK Hynix, which lead HBM and are building CXL 3.2 modules anyway.
China's CXMT wants to make NAND flash, not just DRAM. Its rival YMTC is moving the opposite way, into DRAM.
China's CXMT, the country's top DRAM maker, is preparing to enter NAND flash, the other main memory market, where Samsung and SK Hynix lead. Its rival YMTC is moving the opposite way, into DRAM.
SK Hynix (SKHY) unit Solidigm is weighing its first US memory plant, with New York in the lead
SK Hynix's US flash-memory unit Solidigm is studying its first American plant, and upstate New York has emerged as a leading candidate, Korean press reported Friday. SK Hynix says no plan is confirmed. Solidigm's only NAND fab today sits in Dalian, China.
Korea's 'K-Nvidia' is going public. Rebellions is leaning toward the Kosdaq, not the bigger Kospi.
Rebellions, the Korean AI chip company often called the 'K-Nvidia,' is preparing to sell its shares to the public. Rebellions is likely to file for a Kosdaq listing before the end of the year, valued at 3.4 trillion won ($2.5B), a change from the Kospi its founder first wanted.
A Korean venture firm bought Anthropic at an $18 billion valuation and SpaceX before its IPO
The Korean firm's venture arm paid about $10 million for Anthropic secondary shares in 2024 and the same for SpaceX in 2025. What the valuation multiple does and does not tell you.
Korean students are lining up for Samsung and SK Hynix programs as applications to top medical schools fall
Seven large companies run 13 university departments whose graduates are hired by the sponsor, and they drew a record 8,994 applications this year. Semiconductor departments rose 19.4 percent while battery departments fell 36.2 percent.
Hyundai Motor (005380) has lost half its value since June. A Boston Dynamics listing now looks years away.
A Hyundai Motor Group executive told Reuters that taking Boston Dynamics public in 2027 will not be easy. The robot maker lost nearly 1.7 trillion won over the past five years, and Hyundai shares have halved since June 1.
Hyundai will use Nvidia-based driving technology until its own AI system arrives in 2029
Hyundai's own driving model, Atria AI, reaches mass-produced cars in late 2029. Vehicles launching from 2028 use Nvidia-based technology while it gathers data.
Korea widened its espionage law beyond North Korea. It may still miss chip leaks to foreign companies.
Spying for a foreign country is now a crime in Korea, not just spying for North Korea. Whether the new article reaches foreign companies is disputed.
Kiwoom Securities (039490) held 55% of Korea's unpaid forced-sale debt after handling 18% of trading
Residual debt left after Korean brokers sold investors' shares to cover what they owed rose 5.1 times in the first seven months of 2026. Half of it sits at one broker.
Jensen Huang didn't name a Korean company. Three Korean cybersecurity stocks rose the maximum 30 percent the next morning.
XGate, SandsLab and Katis each rose the full 30 percent daily limit in Seoul on Friday. AhnLab, the biggest Korean cybersecurity company, rose 3.85 percent.
British company TeraView rose 58%. Korea Exchange wants an explanation by Friday
TeraView Holdings rose about 58% in three sessions on a 6G reading of its terahertz technology. The Korea Exchange has demanded an explanation and put the stock into 30-minute single-price auctions.