Kioxia Targets AI Server Market with Advanced NAND Technology Japanese semiconductor memory company Kioxia Holdings is making a push into the NAND flash market for artificial intelligence (AI) servers. Although it lags behind competitors like Samsung Electronics and SK Hynix in terms of memory cell stacking, Kioxia aims to compete on read and write speeds by leveraging its unique technology that separates memory cells from control circuits before combining them. According to the Nihon Keizai Shimbun (Nikkei), Kioxia is seeing improved performance driven by increased demand for memory in data centers, with its early adoption of substrate bonding technology leading to a rise in orders. During an investor briefing, Kioxia announced it would begin shipping samples of its next-generation NAND flash, referred to as the '10th generation,' this summer, with plans to increase the share of its enterprise sales, including data centers, to over 60% of total revenue. Atsushi Inoue, Kioxia's executive officer, stated, "We are achieving industry-leading performance and receiving high praise from many customers." NAND flash is a type of memory semiconductor used for long-term data storage, and the key to technological competition has traditionally been how many memory cells can be stacked. Kioxia's predecessor, Toshiba, pioneered vertical stacking technology in 2007, but it has recently been perceived as falling behind in the stacking race. Kioxia announced in 2023 that it successfully developed 218-layer NAND, but the gap became more pronounced when SK Hynix revealed products exceeding 300 layers in the same year. Kioxia's flagship products remain at 218 layers. The breakthrough for Kioxia is its CBA technology. While conventional NAND combines memory cells and control circuits on a single silicon wafer, CBA creates each on separate wafers and then precisely bonds them together. This process allows for more efficient use of wafer space and increases NAND storage density. However, the process is complex, requiring near-perfect alignment of the two wafers and precise connections between the upper and lower layer circuits. Kioxia was the first to commercialize this technology. Kazuyoshi Saito, a senior analyst at Daiwa Securities, noted that Kioxia's NAND is 20-30% faster in read and write speeds compared to its competitors. Initially, the reception was not entirely positive. When Kioxia announced CBA at the end of 2023, some in the industry viewed increasing stacking as the straightforward approach, arguing that CBA was unnecessarily complicated. However, as demand for NAND capable of quickly processing large amounts of data in AI servers grew, CBA began to gain attention for its speed advantages. Moreover, competitors like Samsung and SK Hynix focused their investments on DRAM, which saw a surge in demand during the early AI boom, creating an opportunity for Kioxia, which has concentrated on NAND research and development, to differentiate itself in the AI server storage market. Nevertheless, increasing market share will not be easy. According to Taiwanese research firm TrendForce, Kioxia held a 13.9% share of NAND sales by value from January to March this year, ranking third. Samsung led with a significant gap at 31.6%, while Micron and SanDisk also reached similar levels as Kioxia at 13.9%. Kioxia's customer base in data centers is relatively weak, and the impact of NAND price increases appears to have been reflected later than for its competitors. Given that Samsung and SK Hynix have secured long-term contracts with major customers based on their supply capabilities, it will be challenging for Kioxia to significantly boost its market share in the short term. Nonetheless, Nikkei views the shift in focus from stacking to processing speed in NAND competition, driven by the expansion of AI servers, as an opportunity. Analysts suggest that Kioxia's ability to secure data center customers with its CBA technology will be crucial for expanding its market share.* This article has been translated by AI. 2026-06-04 08:45:00

Daol Investment Securities Raises Target Price for Korea Carbon by 7% Daol Investment Securities announced on June 4 that it has raised its target price for Korea Carbon from 57,000 won to 61,000 won, an increase of 7%, citing strengthened growth momentum from expanded LNG ship orders and defense production capacity. The firm maintained its "buy" rating. Choi Kwang-sik, a researcher at Daol Investment Securities, stated, "The order for NO96 SUPER+ has established a growth foundation that can surpass the upper limit of LNG ship orders from Samsung Heavy Industries and HD Hyundai. Multiple growth factors, including investments in the Miryang industrial complex, the start of defense production, and the establishment of a U.S. subsidiary, are on the horizon." In the first quarter of this year, Korea Carbon reported sales of 211.8 billion won and an operating profit of 41.1 billion won. Although sales decreased by 6% compared to the same period last year, operating profit increased by 32%, exceeding market expectations. Analysts attribute the improvement in profitability to rising average selling prices (ASP), favorable exchange rates, enhanced productivity from new facilities, better management of partner companies, and reduced losses from new businesses. Despite rising raw material prices, such as methylene diphenyl diisocyanate (MDI), due to the conflict in the Middle East, the impact is expected to be limited. Considering inventory levels of about two months, cost pressures may be reflected in the second and third quarters; however, improvements in new facility productivity, contributions from the defense sector, and favorable exchange rates are expected to offset much of this. Daol Investment Securities anticipates that the performance improvement in 2027 will be even greater than in 2026. This year, sales are expected to be around 950 billion won, with operating profit projected in the mid-160 billion won range. Choi noted, "The significant rise in ASP since 2023 will be fully reflected, and the contribution from the defense sector will also expand." The firm positively assessed the recent order for insulation materials for four LNG ships from Hanwha Ocean, valued at approximately 72 billion won. This order is estimated to utilize the NO96 SUPER+ method, which improves the boil-off rate (BOR). Choi described it as a "monumental event" that could surpass the upper limit of 50 LNG ships from Samsung Heavy Industries and HD Hyundai, adding that demand for very large ethane carriers (VLEC) and floating liquefied natural gas production facilities (FLNG) could further sustain growth. Investment in the Miryang industrial complex is also seen as a positive factor. Korea Carbon plans to expand its production capacity for the SB (Triple-X) product, which is exclusively approved by GTT, from 80 LNG ships to 100 ships through automated facilities. The defense sector is also expected to contribute significantly to performance. After recording losses during the development, prototype production, and testing phases, the company began mass production last year and is attempting to turn a profit through increased deliveries of Cheongung and the Korean Vertical Launching System (KVLS-II).* This article has been translated by AI. 2026-06-04 08:45:00

Five Out of Seven Former Blue House Officials Win Elections Five of the seven former Blue House officials from the administration of President Lee Jae-myung were elected in the June 3 local elections and National Assembly by-elections.Woo Sang-ho, the former senior secretary for political affairs, won the governorship of Gangwon Province, while Son Hwa-jung, a former administrative officer in the Office of National Unity, became the inaugural mayor of Incheon Yeongjong.In the National Assembly by-elections, Kim Nam-jun, Jeon Eun-soo, and Kim Nam-guk, former spokespersons, successfully secured seats.However, Ha Jung-woo, the former chief of AI Future Planning, lost to independent candidate Han Dong-hoon in Busan Buk-gap, and Kim Byeong-wook, the former senior secretary for political affairs, was defeated by incumbent Kim Shin-gin of the People Power Party in the Seongnam mayoral race.Woo's victory marks a significant achievement for the Democratic Party, reclaiming Gangwon Province after four years by defeating the incumbent governor. The region is known for its strong conservative base, making this win particularly noteworthy.In the Incheon Yeongjong mayoral election, Son triumphed over Kim Jeong-heon of the People Power Party by a narrow margin of 349 votes. Son is expected to collaborate with Park Chan-dae, a former floor leader of the Democratic Party, to lead Incheon’s administration.In the National Assembly by-elections, Kim won in Incheon Gyeongyang, the previous constituency of President Lee, thus continuing his political legacy. Jeon maintained the seat in Asan, Chungnam, previously held by Chief of Staff Jeong Jin-seok, while Kim secured re-election in Ansan, Gyeonggi Province.These elected officials are anticipated to serve as a bridge between the Blue House and the National Assembly within the ruling party.Conversely, the elections in Busan Buk-gap and Seongnam resulted in losses. The Busan Buk-gap by-election was held following the resignation of former Busan mayor Jeon Jae-soo, making it a critical area for the ruling party, but Ha lost the seat. In Incheon Gyeongyang and Seongnam, both areas are politically significant as they were previously led by President Lee, yet Kim faced defeat.* This article has been translated by AI. 2026-06-04 08:45:00

Tmap Launches 'Movement Log' Service to Track Daily Travel Tmap Mobility has introduced a new service called 'Movement Log' that allows users to save and manage their travel and visit records. On June 4, Tmap Mobility announced the launch of the 'Movement Log' service, which records users' daily travel routes and visited locations for easy review. The Movement Log service consolidates driving records and check-in information in one place. Users can view their visited locations and travel routes on a map and timeline, enabling them to document and manage their travel history like a diary. Records are automatically saved when users complete driving or walking routes using the Tmap navigation app. Users can also leave more detailed location records by checking in at specific places. After a visit, users can select a date to add check-in records, and they can delete records for locations they prefer not to keep. The Movement Log is designed for personal access only. The service also includes a feature called 'Movement Log Insights,' which analyzes users' travel patterns. It provides intuitive insights into recent travel frequency, frequently visited locations, newly discovered spaces, and major visit categories, helping users understand their travel habits and radius. The Movement Log can be accessed through various pathways within the Tmap app, including the My Menu, saved locations screen, and end-of-trip screen. Jang Chang-geun, Chief Product Officer of Tmap Mobility, stated, "The Movement Log is not just a tool for storing travel data; it helps users discover and manage their travel experiences and preferences. We will continue to enhance user experience and content reliability based on actual travel data." Meanwhile, Tmap has been expanding user participation features, recently introducing a real-time road information sharing function called 'Social Reporting' as part of its service enhancement efforts.* This article has been translated by AI. 2026-06-04 08:45:00

'Wild Thing' Draws 160,000 Viewers on Opening Day, Surpassing 'The King and the Clown' The film 'Wild Thing' had a strong debut, attracting 160,748 viewers on its opening day. According to the integrated ticket sales network on June 4, 'Wild Thing' surpassed the opening day attendance of this year's top-grossing film, 'The King and the Clown,' which had 117,783 viewers on its first day. Despite being shown on a relatively limited number of screens, 'Wild Thing' achieved a high seat occupancy rate, securing the top spot at the box office for new releases. The film garnered attention prior to its release for its blend of 2000s pop music nostalgia and comedy, and early audience reactions have been positive. Audience feedback has been encouraging. 'Wild Thing' boasts a CGV Egg Index of 95%, a score of 9.2 on Lotte Cinema, and 9.01 on Naver, indicating strong ratings across major ticketing and review platforms. Viewers have commented, "It made me laugh and cry purely from its charm," "I laughed out loud for the first time in four years," "Just when I thought it would turn left, it made an unexpected U-turn," and "It's the essence of comedy that can make you laugh without a care in the world," reflecting their satisfaction with the humor and storyline. 'Wild Thing' is a comedy about a once-popular mixed-gender dance group, 'Triangle,' which was abruptly disbanded due to an unforeseen incident. The film follows the group's members as they embark on a reckless challenge to seize a second chance after 20 years. Actors Kang Dong-won, Um Tae-goo, and Park Ji-hyun portray the members of 'Triangle,' with supporting performances from Oh Jung-se and Shin Ha-kyun adding to the comedic dynamic. The film's nostalgic references to 2000s pop music and K-pop stage concepts, combined with the actors' performances, have captured the audience's interest in the early days of its release. Meanwhile, on the same day, 'The Army' maintained its position at the top of the box office, drawing 331,490 viewers and bringing its cumulative audience total to 4,043,759. 'Back Room' attracted 114,110 viewers, with a cumulative total of 572,775.* This article has been translated by AI. 2026-06-04 08:39:00

SK Group Chairman Chey Tae-won Meets TSMC President in Taiwan to Discuss AI Semiconductor Alliance SK Group Chairman Chey Tae-won met with TSMC Chairman C.C. Wei in Taiwan to discuss collaboration in the semiconductor sector amid the rapid growth of the artificial intelligence (AI) market. As the leading companies in memory and foundry sectors strengthen their alliance, competition for leadership in the next-generation AI ecosystem is expected to accelerate.SK Hynix announced that Chairman Chey and Chairman Wei held discussions on the latest trends in AI technology and future collaboration on June 3. This meeting marked the first in nearly two years, reaffirming the trust built between the two companies and solidifying their strategic partnership in the AI era.The two companies agreed to collaborate on alleviating supply chain bottlenecks that have emerged during the expansion of the AI market. With surging demand for AI servers, high-bandwidth memory (HBM) and advanced packaging capabilities have become crucial factors for the growth of the global AI industry, highlighting the importance of their cooperation.Currently, SK Hynix holds a competitive position in the HBM sector, leading the AI memory market, while TSMC plays a key role in the global AI semiconductor ecosystem based on its advanced process and packaging technologies. Their technological collaboration is expected to play a significant role in addressing the supply shortage of AI semiconductors.During the meeting, the development of next-generation HBM and advanced packaging technology collaboration were also key agenda items. As competition intensifies for AI semiconductor performance, the importance of packaging technology that efficiently connects memory and logic semiconductors is growing, prompting both companies to expand their related cooperation to enhance market responsiveness.Looking ahead, the two companies plan to accelerate their efforts to target the 'custom AI memory' market tailored to the demands of global tech giants. As AI services diversify, the demand for customized semiconductors reflecting specific performance and power efficiency requirements is expected to rise.SK Hynix aims to leverage its collaboration with TSMC to timely supply high-performance AI memory and further strengthen its leadership in the global AI market.* This article has been translated by AI. 2026-06-04 08:39:00

KOSPI Shows Mixed Performance Amid U.S. Market Decline and Currency Pressure The New York Stock Exchange experienced a broad decline due to renewed geopolitical risks in the Middle East and instability in the private credit market, leading to increased risk aversion among investors. As a result, the domestic stock market is expected to show volatility in early trading, influenced by the U.S. market's adjustment and rising won-dollar exchange rates. According to the financial investment industry on June 4, the Dow Jones Industrial Average fell by 1.21% on June 3 (local time), while the S&P 500 and Nasdaq dropped by 0.74% and 0.89%, respectively. Although semiconductor stocks remained relatively resilient, the ongoing military tensions between the U.S. and Iran, along with issues surrounding private loan fund redemptions, have led to an increase in risk premiums across the financial markets. Additionally, after a recent rally, profit-taking pressures have intensified. Despite the existing upward trend centered on semiconductors, the domestic market is experiencing increased short-term volatility due to external factors. Notably, the KOSPI has shown significant fluctuations in intraday highs and lows, with perceived volatility outweighing directional trends. As of 8:25 a.m., sector performance showed clear differentiation. Large-cap semiconductor stocks were under pressure, with Samsung Electronics down 1.11% at 356,500 won and SK Hynix falling 2.67% to 2,297,000 won. Other companies like SK Square (-3.19%) and Samsung Electro-Mechanics (-1.88%) also contributed to the index's downward pressure. The automotive sector also faced notable declines, with Hyundai Motor dropping 3.43% to 704,000 won and Hyundai Mobis plunging 5.14%, marking the largest drop in the sector. This trend is interpreted as a reflection of concerns over global economic slowdown and supply-demand pressures. Conversely, some sectors showed relative strength. LG Energy Solution rose 2.71%, indicating differentiation within the secondary battery sector, while HD Hyundai Heavy Industries surged 4.01%, leading gains in the shipbuilding industry. This is seen as a result of positive order momentum and expectations for the industry. The financial and holding sectors generally exhibited weakness, with Samsung Life Insurance (-2.81%) and Samsung C&T (-1.75%) declining, reflecting a tendency to avoid riskier assets. Overall, while the KOSPI maintains a long-term upward trend centered on semiconductors, short-term fluctuations driven by macroeconomic variables from the U.S., exchange rates, and sector-specific supply-demand imbalances are expected to persist, leading to a volatile market environment. Han Ji-young, a researcher at Kiwoom Securities, stated, "The concentration on leading semiconductor stocks will continue, making high volatility unavoidable for the time being. However, it is reassuring to note that patterns of the market reducing losses toward the end of the trading day are frequently observed, indicating that the support for leading stocks remains strong." 2026-06-04 08:36:00

Microsoft Unveils Seven AI Models at Build 2026 Conference Microsoft has launched a suite of AI models at the Build 2026 developer conference, intensifying its competition with Anthropic and OpenAI. Google CEO Sundar Pichai acknowledged that the company is falling behind in agentic coding, while Anthropic announced a significant expansion of its cybersecurity initiatives alongside its IPO plans. Microsoft Declares Independence from OpenAI, Unveils Seven MAI Models According to reports from the IT industry, Microsoft unveiled seven AI models it developed in-house during the Build 2026 conference, which took place in San Francisco from June 2. This move is seen as a strategic effort to reduce its long-term dependence on external model providers like OpenAI. The flagship model, MAI-Thinking-1, features 35 billion active parameters and a context window of 256,000 tokens, emphasizing that it was developed without distilling from third-party models. It was rated on par with Claude Opus 4.6 in the SWE Bench Pro coding benchmark. The coding-specific model, MAI-Code-1, has been integrated into GitHub and VS Code, while MAI-Transcribe-1.5 supports voice recognition in 43 languages. Microsoft has also revised its contract with OpenAI to set revenue-sharing limits and terminate exclusive sales rights. Google's Pichai Acknowledges Lag in Agentic Coding In an interview with the New York Times Hard Fork podcast, Google CEO Sundar Pichai publicly admitted, "We are currently somewhat behind in agentic coding, tool usage, and long-term task execution." At Google I/O, the company introduced a developer subscription tier priced at $100 per month as part of its low-cost strategy. Pichai explained that while Google excels in generating single-use web interfaces, competitors have the advantage in handling large codebases for long-term projects. He cited Anthropic's collaboration with Cursor and analyzed that the lack of developer-facing products has created a gap in data feedback loops. Anthropic Expands Project Glasswing to 150 Organizations Anthropic announced it will expand Project Glasswing to over 150 organizations across more than 15 countries. New sectors included in the initiative are energy, utilities, healthcare, telecommunications, and hardware. Partners reportedly include Samsung, SK Hynix, SK Telecom, NATO, the EU cybersecurity agency ENISA, and Okta. Initial findings from about 50 partners identified over 23,000 potential vulnerabilities, with more than 6,000 classified as severe or critical.* This article has been translated by AI. 2026-06-04 08:33:00

Israel and Lebanon Agree to Ceasefire with U.S. Mediation, Boosting U.S.-Iran Talks The U.S. State Department announced on June 3 that Israel and Lebanon have agreed to a ceasefire. This development is expected to increase the likelihood of a ceasefire between the U.S. and Iran as well. According to reports from Reuters and the Associated Press, Israel and Lebanon participated in a fourth round of high-level trilateral negotiations in Washington, D.C., on June 2 and 3, where they issued a joint statement agreeing to implement the ceasefire. The ceasefire conditions include a complete halt to attacks by Hezbollah, the Iran-aligned militant group in Lebanon, and the withdrawal of all Hezbollah personnel from the southern Litani region. Additionally, both sides agreed to quickly establish a pilot area under the exclusive control of the Lebanese military, guided by the U.S. They also committed to resuming political and security negotiations aimed at a comprehensive agreement during the week of June 22, with the U.S. facilitating communication between the two parties during that period. Israel and Lebanon had previously agreed to a ceasefire in April amid military clashes resulting from the fallout of the U.S.-Iran conflict. However, as U.S.-Iran ceasefire negotiations accelerated, Israel resumed military operations against Lebanon, leading to renewed hostilities. The recent ceasefire agreement between Israel and Lebanon is expected to enhance the prospects for a U.S.-Iran ceasefire agreement. Reports indicate that the ceasefire proposal currently under discussion between the U.S. and Iran includes a demand from Iran that Israel cease hostile actions against Lebanon. 2026-06-04 08:33:00

Hanwha Investment & Securities Raises Samsung Heavy Industries Target Price to 44,000 Won 한국투자증권은 4일 삼성중공업의 목표가를 기존 대비 2.3% 올린 4만4000원으로 제시하고 투자의견 '매수'를 유지했다. 부유식 액화천연가스 생산설비(FLNG) 수주 확대와 부유식 데이터센터(FDC) 사업 진전 등을 반영했다. 강경태 한국투자증권 연구원은 삼성중공업이 지난 2일 북미 선주로부터 해양생산설비 1기를 수주하면서 해양플랜트 수주잔고 내 FLNG(LNG-FPSO) 4기를 확보하게 됐다고 설명했다. 이번 프로젝트는 미국 델핀 미드스트림의 델핀 FLNG 사업으로 추정되며, 삼성중공업은 이를 통해 올해 해양플랜트 수주 목표 82억달러의 40.1%를 달성했다. 강 연구원은 델핀 프로젝트의 LNG 장기 구매계약자 확보와 금융조달이 상당 부분 완료된 만큼 올해 하반기 델핀 2호기 발주도 예정대로 진행될 것으로 전망했다. 삼성중공업이 해당 프로젝트의 FEED(기본설계)를 수행하고 있어 추가 수주 가능성이 높다는 평가다. 이에 따라 한국투자증권은 삼성중공업의 2027년과 2028년 영업이익 추정치를 각각 3.6%, 1.4% 상향 조정했다. 이번 델핀 FLNG 1호기 계약금액이 28억8000만달러, 적용 환율이 1503원으로 기존 추정치(20억달러·1400원)를 크게 웃돌면서 해양플랜트 매출 전망이 개선됐기 때문이다. 강 연구원은 "상선 수주는 연간 목표의 85.7%를 이미 달성할 정도로 순조롭고, 그리스 선주 캐피탈(Capital)과의 양해각서(MOU)를 통해 부유식 데이터센터 건조 사업도 진전되고 있다"며 "FLNG 시장 지배력과 신규 사업 성장성을 감안하면 현재 밸류에이션은 여전히 매력적"이라고 평가했다.* This article has been translated by AI. 2026-06-04 08:27:00