Industry

  • SK hynix to set up U.S. AI solutions unit, overhaul Solidigm to merge NAND and AI
    SK hynix to set up U.S. AI solutions unit, overhaul Solidigm to merge NAND and AI SK hynix plans to establish a U.S.-based artificial intelligence solutions company tentatively named “AI Company,” while significantly restructuring its local NAND business. The company will reposition its subsidiary Solidigm as a holding entity for AI solutions and create a new “AI NAND solutions” operating unit under Solidigm to run NAND operations jointly with SK hynix. SK hynix said in a statement posted to its newsroom on Tuesday that it is pursuing a plan to reorganize Solidigm — wh January 28, 2026
  • SK hynix plans U.S. AI solutions unit to expand role in AI data centers
    SK hynix plans U.S. AI solutions unit to expand role in AI data centers SK hynix said Tuesday it is pushing ahead with plans to set up an AI solutions company in the United States, tentatively named “AI Company,” or AI Co. The company said it aims to move beyond being a memory chip maker and become a key partner in the AI data center ecosystem, building on its competitiveness in AI memory technologies such as high-bandwidth memory, or HBM. It said it will pursue strategic investments and partnerships with companies that have AI capabilities, strengthen its me January 28, 2026
  • Samsung Welstory 2025 Operating Profit Slips 2.5% to 153 Billion Won on Higher Costs
    Samsung Welstory 2025 Operating Profit Slips 2.5% to 153 Billion Won on Higher Costs Samsung Welstory posted higher revenue last year, but operating profit edged down as cost pressures increased. According to a filing on the electronic disclosure system on Tuesday, the company’s operating profit totaled 153 billion won, down 2.5% from a year earlier. Its operating margin slipped to 4.7% from 5.0%, a decline of 0.3 percentage points. The company cited higher labor costs and rising food ingredient prices as weighing on profitability. Revenue rose 4.7% to 3.264 trillion won January 28, 2026
  • NAND Flash Supply Tightens as Chipmakers Prioritize HBM, Raising Costs for Businesses and Consumers
    NAND Flash Supply Tightens as Chipmakers Prioritize HBM, Raising Costs for Businesses and Consumers As the semiconductor industry shifts investment toward high-bandwidth memory, or HBM, and other high-performance DRAM, a deepening shortage of NAND flash is expected to squeeze both corporate buyers and consumers. Industry officials said Samsung Electronics and SK hynix have recently concentrated equipment and staff on expanding HBM and converting to advanced DRAM processes, while keeping new NAND investment and line expansions to a minimum. As a result, global NAND supply growth is expec January 28, 2026
  • Korean GM Workers Rally Against Mass Layoffs at Sejong Logistics Contractor
    Korean GM Workers Rally Against Mass Layoffs at Sejong Logistics Contractor "Direct and subcontract workers have united. Bring out the real boss now." Direct employees and subcontract workers at Korean GM rallied together over mass layoffs involving subcontract workers at the company’s Sejong logistics center. On Jan. 28, about 300 members of the Korean Confederation of Trade Unions and the Korean GM branch of the Korean Metal Workers’ Union held a joint rally outside the west gate of Korean GM’s Bupyeong plant, demanding that the company immediate January 28, 2026
  • LG Household & Health Care Reports 2025 Operating Profit Down 62.8%
    LG Household & Health Care Reports 2025 Operating Profit Down 62.8% LG Household & Health Care said in a regulatory filing on Tuesday that its 2025 consolidated revenue fell 6.7% from a year earlier to 6.3555 trillion won, while operating profit dropped 62.8% to 170.7 billion won. Fourth-quarter revenue declined 8.5% to 1.4728 trillion won, and the company posted an operating loss of 72.7 billion won, swinging to a loss from a year earlier. The company said results weakened as it booked large one-time costs tied to an aggressive overhaul of distributi January 28, 2026
  • HiteJinro’s Filite Hits Record 2025 Shipments; Cass Tops Brand Hall of Fame Again
    HiteJinro’s Filite Hits Record 2025 Shipments; Cass Tops Brand Hall of Fame Again HiteJinro’s Filite posts record 2025 shipments HiteJinro said Tuesday that 2025 annual shipments of Filite, the top brand in South Korea’s malt-based sparkling beer category, reached about 340 million cans (based on 350 milliliters), the highest on record. Cumulative sales totaled 2.66 billion cans, nearing 2.7 billion. According to Nielsen Korea data through December 2025, Filite kept its No. 1 position, widening its lead over the No. 2 brand by more than fourfold. It ranked first in sa January 28, 2026
  • Celltrion, Hanmi, Dong-A ST, HLB and Jaseng report U.S. growth, deals and approvals
    Celltrion, Hanmi, Dong-A ST, HLB and Jaseng report U.S. growth, deals and approvals Celltrion’s Zymfentra posts record weekly prescriptions, ramps up U.S. marketing Celltrion said Wednesday that prescriptions for its subcutaneous infliximab treatment Zymfentra rose about 27% from the same period a month earlier and about 352% from a year earlier, based on the second week of January. The company said the figure was the highest weekly total prescriptions (TRx) recorded since the drug’s U.S. launch in March 2024, according to IQVIA. Celltrion said its ongoing online and o January 28, 2026
  • Kia Says U.S. Tariffs Cut Profit; Bets on Hybrids and EVs to Rebound
    Kia Says U.S. Tariffs Cut Profit; Bets on Hybrids and EVs to Rebound Kia said U.S. tariffs pushed its operating profit below 10 trillion won for the first time in three years, and it expects its annual tariff bill to remain above 3 trillion won despite a lower rate. The automaker said it plans to expand sales in major markets including the United States, Europe and India and step up cost-cutting to restore operating profit to 10 trillion won this year. In a regulatory filing on Tuesday, Kia reported 114.1409 trillion won in revenue last year and 9.0781 t January 28, 2026
  • Why SK Group Is Channeling More Capital to SK hynix: HBM4 Supply and Long-Term Lead
    Why SK Group Is Channeling More Capital to SK hynix: HBM4 Supply and Long-Term Lead SK hynix has cemented its role as a core profit engine for SK Group after posting record results again in the fourth quarter of 2025. As demand tied to artificial intelligence accelerates, industry watchers say the group’s growth strategy is increasingly being reshaped around SK hynix, not just short-term earnings. According to the industry on Tuesday, SK Group has secured about 80 trillion won through asset sales and business restructuring and is focusing that money on future growth area January 28, 2026