South Korea’s Kospi stock market has hit record highs thanks to AI, but experts urge caution over boom-bust cycles and a heavy reliance on two chipmakers
South Korea has leapfrogged India to become th…
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Samsung Electronics
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7 days ago
12 days ago
Samsung's shares surge as much as 6% company ships next-generation AI memory chip samples ⊕
Shares of Samsung Electronics surged after the company has started to ship HBM4E chip samples to its customers globally.
14 days ago
Samsung memory chip staff in line for £310,000 bonuses after AI profit-sharing deal ⊕⊕
Agreement averts strike and shows latest impact of AI boom as two more chipmakers join $1tn club
Business live – latest updates
Employees at Samsung Electronics’s memory chip division are to receive bo…
16 days ago
Why the AI boom is reshuffling the global stock market hierarchy ⊕
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a story from CNBC ⚠️ › World News
Taiwan and South Korea are climbing the global stock market rankings as investors pile into the companies powering the AI infrastructure boom. Taiwan’s rise has been driven largely by TSMC, the world…
21 days ago
Over 47,000 Samsung Electronics workers set to strike as wage talks break down, sending shares lower ○
South Korean media outlet Yonhap said that a strike will begin Thursday. More than 47,000 workers are expected to join the strike
23 days ago
Samsung strike involving 47,000 workers looms as South Korea’s president urges labor deal ⊖
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South Korea’s government stepped up pressure on Samsung Electronics and its union to avert a strike that officials say could cost the economy billions.
40 days ago
Samsung reports record quarterly profit as chip income jumps almost 50-fold ⊖
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a story from The Guardian ⚠️ › International
The AI boom is worsening a global memory chip shortage, which Samsung predicts will continue into 2027
Samsung Electronics on Thursday reported record quarterly profit driven by a 49-fold jump in chip…
3 months ago
Wizz Air issues profits warning due to Middle East crisis; China ‘tells refiners to halt diesel and gasoline exports’ – business live ⊖⊖
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a story from The Guardian ⚠️ › International
Rolling coverage of the latest economic and financial news
Middle East crisis live: Israel launches fresh strikes on Tehran; Iran claims to have targeted Kurdish groups in Iraq
The US-Israel war with I…
4 months ago
SK Hynix overtakes Samsung in annual profit for the first time as AI reshapes rivalry ⊕
SK Hynix beats rival Samsung Electronics in profits for 2025 for the first time ever, as the memory maker retains a lead in AI products.
AI memory is sold out, causing an unprecedented surge in prices ⊕
Three primary memory vendors — Micron, SK Hynix and Samsung Electronics — make up nearly the entire RAM market, and they're benefitting from this shortage.