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HiteJinro Sales and Operating Profit Fall as Alcohol Demand Slumps
HiteJinro said weaker alcohol consumption pushed down both revenue and operating profit last year. According to a filing on the electronic disclosure system on Tuesday, the company’s consolidated operating profit fell 17.3% from a year earlier to 172.1 billion won, down from 208.1 billion won. Revenue slipped 3.9% to 2.4986 trillion won from 2.5992 trillion won. Net profit dropped 57.3% to 408.5 billion won from 957.4 billion won. HiteJinro said the overall alcohol market shrank and its
January 28, 2026
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Samsung Electro-Mechanics sets 2025 profit-sharing bonus at 5%-6% of salary as Samsung affiliates finalize payouts
Samsung Electro-Mechanics has decided to pay an excess profit incentive (OPI) worth 5% to 6% of annual salary based on last year’s results, effectively wrapping up performance-bonus decisions across major Samsung electronics affiliates, including Samsung Electronics. According to the industry on Tuesday, Samsung Electro-Mechanics announced its 2025 OPI payout rates in an internal notice. The Component Business Division, which leads the multilayer ceramic capacitor (MLCC) business, will
January 28, 2026
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VC Funding Shifts to Pre-IPO Mega-Rounds as Early-Stage Deals Slide
Global venture capital investment is increasingly flowing to proven companies in a winner-take-most pattern, and the concentration is expected to sharpen this year around mega-rounds for firms nearing an initial public offering. According to VC analytics firm THE VC, investment in unlisted startups and small and midsize companies at the seed-to-Series A stage totaled 1.919 trillion won last year, down 41.17% from a year earlier. The number of deals fell even more sharply, down
January 28, 2026
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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
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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
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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
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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
