SK seeks to sell AI data center stake for up to $1.4 bn with KKR interested

SK Group, South Korea’s second-largest conglomerate, is seeking to sell up to a 49% stake in an artificial intelligence data center it is buil...

Real AI bubble is market concentration, not technology: Amundi CIO

The artificial intelligence revolution is real, but the way investors are betting on it has become dangerous, said Vincent Mortier, group chief inve...

Seoul fires starting gun on $102 bn fund with demand already outpacing supply

South Korea officially launched its 150 trillion won ($102 billion) sovereign-backed investment vehicle on Thursday, revealing that initial funding ...

Samsung, SK Hynix stand to win big as Nvidia’s H200 earns US approval for China

Samsung Electronics Co. and SK Hynix Inc. are poised for a multi-trillion-won (multi-billion-dollar) boost after Washington has cleared Nvidia Corp....

Musinsa, Shinsegae V shine in K-fashion platform war; Ably, Zigzag struggle

Musinsa, South Korea’s fashion unicorn backed by KKR Co., and Shinsegae V, the online luxury item marketplace of retail giant Shinsegae Intern...

SoftBank's Son urges Korea to secure power to brace for artificial superintelligence

Masayoshi Son, the chief executive of SoftBank Group, on Friday urged South Korea to secure ample energy to prepare for the coming artificial superi...

LG to supply AI infrastructure solutions to Microsoft worth billions of dollars annually

LG Group’s key units, including LG Electronics Inc. and LG Energy Solution Ltd., signed a memorandum of understanding (MOU) with Microsoft Cor...

South Korea's Lee to meet SoftBank’s Masayoshi Son on AI infrastructure expansion

South Korean President Lee Jae Myung is set to meet with Masayoshi Son, the founder and chairman of SoftBank Group, on Friday to discuss the Japanes...

Transcend warns of surging costs as NAND supply from Samsung, SanDisk in dire shortage

Transcend Information Inc., a Taiwan-based memory module maker, has warned customers that soaring component shortages have doubled its manufacturing...

Samsung to supply half of memory for Nvidia's 2nd-generation SOCAMM in 2026

Samsung Electronics Co. will supply half of the memory used for Nvidia Corp.’s second-generation SOCAMM in 2026, positioning itself as the lar...

Korean department stores recast themselves as global content platforms

South Korea’s largest department stores are quietly dismantling the old formula for going global. Rather than staking out pricey real estate o...

Samsung emerges as top HBM supplier for Google's AI chips with 60% share

Samsung Electronics Co. has ramped up high-bandwidth memory (HBM) shipments in the second half of this year, bringing its share of semiconductor use...

Google-Nvidia AI showdown sets up Samsung, SK Hynix as big winners

As Google Inc. steps up its challenge to Nvidia Corp.’s grip on the artificial intelligence accelerator market, the ripple effects are positio...

Reliance's Ambani explores broader partnership with Samsung's Lee in Seoul

Mukesh Ambani, the Indian billionaire and chairman of Reliance Industries Ltd., met with Samsung Electronics Co. Chairman Lee Jae-yong on Tuesday as...

GS Group joins IMM-led group to invest in digital platform Kakao Healthcare

South Korea's energy-to-retail conglomerate GS Group is set to invest between 10 billion-20 billion won ($6.8 million-$13.6 million) in Kakao Health...

After market jolt, Nvidia tries to reassert control of AI narrative

Nvidia Corp. is mounting a forceful defense against rising skepticism over the durability of the artificial intelligence boom, circulating a seven-p...

AI bubble alarm slams S.Korean stocks, but analysts call to buy on dips

South Korean stocks tumbled on Friday as renewed anxiety over a potential artificial-intelligence bubble rippled through global markets, triggering ...

SK Hynix to ramp up 1c DRAM production 8-fold in 2026

SK Hynix Inc., a crucial supplier of high-bandwidth memory to Nvidia Corp.’s artificial-intelligence processors, is set to boost output of its...

CHA Bio Group acquires Kakao Healthcare to advance into AI-based digital health segment

CHA Bio Group, the parent of CHA Biotech Co., South Korea’s leading stem cell therapeutics developer, has agreed to acquire control of Kakao H...

NCSOFT bets big on AI, cloud with debut of Horizon universe-based MMORPG

NCSOFT Corp., a leading South Korean game developer and publisher, has unveiled Horizon Steel Frontiers, the first MMORPG set in Sony Interactive En...

DB HiTek capitalizes on legacy chip retreat by Samsung, TSMC

DB HiTek Co., a South Korean specialty chip foundry, has been swiftly filling the gap left in the legacy foundry market as Samsung Electronics Co. a...

Kospi tumbles on AI bubble fears; short-selling adds to market strain

After weeks of relentless gains that made it the world’s best-performing major stock index this year, South Korea’s Kospi stumbled on We...

IMF chief urges S.Korea to reform rigid labor market as AI reshapes employment

GYEONGJU, KOREA/WASHINGTON, D.C. – Kristalina Georgieva, managing director of the International Monetary Fund (IMF), has called on South Korea...

Nvidia strikes AI alliance with S.Korea, pledges 260,000 GPUs worth $9.8 billion by 2030

GYEONGJU – Nvidia Corp. has agreed to supply 260,000 units of its high-end graphics processing units (GPUs) to South Korea’s government ...

Flattery, gifts and a fresh pact: Nvidia, Samsung, Hyundai tighten AI ties

It began with a toast of beer and fried chicken at a modest Seoul eatery, followed by a flurry of compliments and gift exchanges, and ended with a g...

Samsung sells out 2026 HBM supply after starting Nvidia shipments in Q3

Samsung Electronics Co. has already sold out next year’s production of its next-generation HBM4 chips after beginning long-awaited HBM3E shipm...

AWS, 6 other global giants pledge $9 bn Korean investment as Trump, Lee address APEC CEO Summit

GYEONGJU – Seven global tech giants, including Amazon Web Services (AWS), on Wednesday unveiled a combined $9 billion investment plan in South...

SK Hynix’s Q3 profit surges to record $7.9 bn on AI-driven chip demand

SK Hynix Inc. reported record earnings for the third quarter, with operating profit surpassing 10 trillion won ($7 billion) for the first time, driv...

ChatGPT now available on KakaoTalk, S.Korea’s top messaging app

ChatGPT, the world’s most famous generative artificial intelligence service by OpenAI Inc., is now available on KakaoTalk, South Korea’s...

Nvidia’s Huang to join Samsung, SK, Hyundai chiefs for government-led AI talks

Nvidia Corp. Chief Executive Officer Jensen Huang is set to meet with South Korean government officials and the heads of Samsung Electronics Co., SK...