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SK hynix's AI windfall tests investor trust as ADR plan sparks backlash
ICHEON, March 25 (AJP) - SK hynix’s meteoric rise on the back of the AI boom is now colliding with a growing backlash from retail investors, as its aggressive capital strategy exposes a widening gap between global ambition and shareholder returns. At its annual general meeting in Icheon on Wednesday, the chipmaker — now a critical supplier of High Bandwidth Memory (HBM) chips to Nvidia — faced unusually sharp criticism despite its record-breaking market performa
March 25, 2026
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SK hynix files for US IPO listing
SEOUL, March 25 (AJP) - SK hynix has begun taking steps for a U.S. stock-market listing, the chipmaker said on Wednesday. It filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) the previous day, seeking a listing on a U.S. stock market via American Depositary Receipts (ADRs). ADRs allow non-U.S. companies to trade their shares on U.S. stock exchanges through depositary banks rather than by listing shares directly, making it easier f
March 25, 2026
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Samsung Electronics showcases joint HVAC solutions with newly acquired FläktGroup at MCE 2026
SEOUL, March 24 (AJP) - Samsung Electronics unveiled its latest heating, ventilation, and air conditioning (HVAC) solutions jointly with FläktGroup at the MCE 2026 exhibition in Milan, Italy, on Tuesday. The event marks the first joint showcase since Samsung's acquisition of the climate control firm in November. Samsung is displaying a centralized HVAC system that connects FläktGroup's five indoor units with its own outdoor units, such as the DVM S2+, managed
March 24, 2026
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Beyond HBM: The next AI memory race is already underway
DAEJEON, March 24 (AJP) - High bandwidth memory (HBM) is what enabled the current artificial intelligence boom, giving chips the speed needed to train large-scale models. But as AI shifts from training to real-world deployment, the industry is running into a different constraint — not speed, but scale. That shift is beginning to redefine the competitive landscape. The next phase of the AI chip race may hinge not on HBM itself, but on what comes after it: high bandwidth flas
March 24, 2026
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Samsung Electronics and union reopen talks, strike risk lingers
SEOUL, March 23 (AJP)-Management at Samsung Electronics and its labor union held an unexpected executive-level meeting Monday, signaling a possible thaw in tensions after the union abruptly canceled a planned rally outside Chairman Lee Jae-yong’s residence. Vice Chairman Jun Young-hyun, who leads the critical Device Solutions (DS) division, met a four-member delegation from a joint protest committee that includes representatives of the National Samsung Electronics Union (NSE
March 23, 2026
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Samsung union chief: 'No. 1 means nothing without first-class treatment'
PYEONGTAEK, March 20 (AJP) - Riding a two-year windfall from the global AI boom, Samsung Electronics is ramping up investment and shareholder returns at an unprecedented scale — but one stakeholder feels left out of the bounty: its employees. The company is pouring more than 110 trillion won ($74.6 billion) into semiconductors and has pledged to return 50 percent of its free cash flow to shareholders. Yet workers say the rewards of the AI-driven surge are not being shared o
March 20, 2026
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Samsung Biologics reappoints CEO John Rim as inside director
SEOUL, March 20 (AJP) - Samsung Biologics said Friday that shareholders reappointed Chief Executive John Rim as an inside director at the company's 15th annual general meeting. About 1,400 shareholders participated in the meeting, which was conducted both on-site and via online livestream. All five agenda items put to a vote were approved as proposed. In addition to Rim, Executive Vice President Lo Kun, who heads the EPCV Center, was also reappointed as an inside director. Ki
March 20, 2026
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Samsung Electronics adds AMD on HMB4 client list after Nvidia
SEOUL, March 18 (AJP) - Samsung Electronics added AMD after Nvidia on its burgeoning client list for next-generation high bandwidth memory dubbed HBM4, gaining traction in the crucial in HBM race move to inference AI stage. A memorandum of understanding (MOU) with U.S. chip designer AMD to expand strategic partnership in next-generation AI memory and computing technologies was signed at Samsung’s Pyeongtaek campus. Under the terms of the agreement, Samsung will sup
March 18, 2026
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Samsung Elec AGM turns euphoric despite union's party-crashing strike news
SUWON, March 18 (AJP) - Samsung Electronics’ annual general meeting struck an unusually buoyant tone Wednesday as a surging share price and AI-driven optimism lifted investor sentiment — even as a looming union strike cast a shadow over the outlook. More than 1,000 shareholders gathered at the Suwon Convention Center with little to complain about. The stock has nearly quadrupled from a year ago, while the company is now targeting 200 trillion won ($150 billion) in
March 18, 2026
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Samsung Electronics union threatens walkout after near-unanimous strike vote
SEOUL, March 18 (AJP) - More than 60,000 employees out of 89,874 union members at Samsung Electronics have voted to go on a general strike in May if their demands for fair and transparent compensation during the chip boom are not met, posing a potential headwind to the chipmaker’s AI-driven upswing. The joint union coalition announced Wednesday that 93.1 percent of participating members voted in favor of a strike in a 10-day ballot. A total of 66,019 employees from three se
March 18, 2026
