SEOUL, November 4 (AJP) - SK hynix's planned investment in new chipmaking facilities in New York faces uncertainty amid the U.S. government's delay in approving exports of American-made semiconductor equipment to China, Reuters reported on Wednesday. According to the news outlet, the chipmaker is seeking U.S. approval to ship American-made semiconductor manufacturing equipment to its existing plant in Dalian to expand production and generate additional revenue to help fu

SEOUL, October 28 (AJP) - The AI harvest is here in South Korea, enriching chipmakers and equipment suppliers, rewarding shareholders and employees, and filling tax coffers. But the borrowing binge financing the global boom is drawing scrutiny from policymakers concerned about how long the bounty can last. Flush with cash after six consecutive quarters of record earnings, SK hynix on Wednesday pledged about 100 trillion won ($75.5 billion) in shareholder returns this year. Attention

SEOUL, October 28 (AJP) - Samsung Electronics' brand value rose 16 percent to US$105.2 billion this year, keeping it at No. 5 in the latest rankings of the best global brands by consultancy Interbrand for the seventh consecutive year, the South Korean tech giant said on Wednesday. Its brand value rose from $90.5 billion last year, surpassing the $100 billion mark for the first time. Samsung was the only Asian company to remain among the world's five most valuable brands e

SEOUL, October 28 (AJP) -Samsung Electro-Mechanics which recently entered strategic partnership with Nvidia to supply ABF substrates for AI processors reported a 165.5 percent jump in third-quarter operating profit Wednesday as the electronic components maker expands its foothold in the artificial intelligence chip supply chain. Operating profit reached 691 billion won ($516 million) on revenue of 3.76 trillion won, up 30.3 percent from a year earlier, according to its preliminary

SEOUL, October 28 (AJP) - Solidigm, the California-based subsidiary of South Korean chipmaker SK hynix is "in talks" with the U.S. Department of Commerce over a plan to invest US$45 billion in a new chip plant, Bloomberg News reported on Wednesday. The proposed plant could significantly expand Solidigm's manufacturing operations in the U.S. as demand for data storage continues to grow amid the artificial intelligence (AI)-driven boom. The project's total inves

SEOUL, October 24 (AJP) — South Korea plans to cut semiconductor industrial complex development times to within five years by fast-tracking permits, compensation and design, the government said Friday. The plan would reduce the period from industrial complex planning to fab operations from more than 10 years by allowing approvals, land compensation and design procedures that are largely carried out sequentially to proceed simultaneously. The measure is part of 13 regulato

SEOUL, October 16 (AJP) - Samsung ranked as Asia's most valuable corporate brand for a third straight year, holding off Apple and Nike in Nikkei Research's latest regional survey. Samsung placed first among 200 brands assessed across eight Asian markets, while Apple rose to second from fourth and Nike held third place. Adidas slipped to fourth, while Toyota climbed three spots to fifth. The Asia ranking covers China, Taiwan, Thailand, India, Viet Nam, Indonesia, Malay

SEOUL, October 16 (AJP) - Three products from tech giant Samsung Electronics have been included in TIME magazine's list of the "Best Inventions" for this year. In its annual list of 300 inventions that make the world "better, smarter, and more fun," TIME selected Samsung's Galaxy S26 Ultra smartphone, artificial intelligence (AI)-powered refrigerator and advanced gaming monitor in the consumer electronics, household, and entertainment and gaming categorie

SEOUL, October 15 (AJP) - The head of South Korea's parliamentary defense committee warned Thursday that relocating a major military air base to make way for a massive semiconductor manufacturing complex must not compromise national security or military readiness, as President Lee Jae Myung's administration accelerates plans to establish a new chipmaking hub in the country's southwest. Rep. Jin Seong-joon, a lawmaker from the ruling Democratic Party and chair of the Na