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Korean chipmakers confirm stunning Q2, but investors price in the peak
SEOUL, July 30 (AJP) - South Korea's two memory giants confirmed their supremacy in back-to-back second-quarter earnings releases, generating a combined operating profit of about 150 trillion won ($108 billion), equivalent to roughly 6 percent of the country's entire 2025 nominal GDP.
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South Korea's RIMPAC command marks a naval coming of age
SEOUL, July 30 (AJP) - South Korea crossed a milestone in its decades-long naval evolution this week by commanding the maritime component of the world's largest multinational naval exercise for the first time, underscoring Seoul's growing ambition to become a blue-water navy capable of operating far beyond the Korean Peninsula.
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New US envoy arrives in Seoul, pledges stronger alliance
SEOUL, July 30 (AJP) - New U.S. Ambassador to South Korea Michelle Steel arrived in Seoul on Thursday afternoon. In a brief statement shortly after arriving at Incheon International Airport, Steel first greeted reporters in Korean.
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Seoul says China's stance on denuclearization unchanged
SEOUL, July 30 (AJP) - South Korea's foreign ministry said Thursday that China's position on the denuclearization of the Korean Peninsula has not changed, setting the tone for a planned visit to Seoul by Chinese Foreign Minister Wang Yi, the first by a top Chinese diplomat since President Lee Jae Myung took office.
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SK hynix scraps paperwork in hunt for AI-native talent
SEOUL, July 30 (AJP) -Generous bonuses and an extraordinary AI boom are not the only appeals that have made SK hynix South Korea's most sought-after employer for a second consecutive year, as the chipmaker continues to break hiring norms in search of AI-native talent.
Korea bets on being indispensable in U.S.-China AI rivalry
SEOUL, July 30 (AJP) - When the U.S. Federal Communications Commission (FCC) this week barred new imports of Chinese-made humanoid robots, it marked another escalation in the technology war that began with semiconductors and rare earths. More importantly, it showed that strategic competition has entered the age of physical artificial intelligence — where robots, AI models and communications networks are increasingly treated as national-security assets. For South Korea, the decision also s
by Kim Dong-young
Fed, BOJ policy paths may be behind foreign exodus from Korean equities
SEOUL, July 29 (AJP) - Foreign investors have sold nearly 20 trillion won ($14.5 billion) worth of South Korean equities this month, including about 10 trillion won this week, extending first-half outflows of roughly 170 trillion won as global investors reposition portfolios ahead of diverging monetary paths in the United States and Japan rather than simply locking in profits after Seoul's year-long rally. The sustained selling suggests global liquidity conditions—not domestic valuat
Chip boom fuels Samsung heyday, beggars its device business
SEOUL, July 30 (AJP) - A trophy child often comes at the expense of a sibling, and the "beggar-thy-family" concept can scarcely be better illustrated than by Samsung Electronics' second-quarter results. The South Korean technology behemoth reported that its Device Solutions (DS) semiconductor division generated an operating profit of 89.2 trillion won ($64.4 billion) on revenue of 127.5 trillion won in the second quarter, translating into a jaw-dropping operating margin of 70.0 pe
SK hynix is today's chip profit king, But what next?
SEOUL, July 29 (AJP) - SK hynix achieved something no major semiconductor company has done before: it became the world's most profitable chipmaker – albeit with little fanfare. Its record-breaking 76.1 percent operating margin in the second quarter surpassed those of Taiwan Semiconductor Manufacturing Co. (TSMC) and Micron Technology, demonstrating how an early bet on artificial intelligence memory has turned the South Korean company into the industry's earnings powerhouse.
Japan quake puts Korea's AI ambitions on seismic alert
Seoul's ETF fallout leaves a costly lesson and search for accountability
