Articles

  • 5 days ago | kedglobal.com | Jeong-Soo Hwang |Chae-yeon Kim

    SK Hynix Inc. surpassed 200 trillion won ($147 billion) in market capitalization on Tuesday, becoming the second Korean stock in history to cross the threshold after Samsung Electronics Co.On Tuesday, the share price of SK Hynix jumped 7.32% to close at 278,500 won, outperforming the 2.96% gain in the broader Kospi index and the 4.31% rise in Samsung Electronics. Its market capitalization climbed to 202.75 trillion won based on the closing price, doubling in one and a half years.

  • 5 days ago | kedglobal.com | Jeong-Soo Hwang

    Samsung Electronics Co. is on a hiring spree for senior sales managers in its foundry business, offering generous compensation packages, as it goes all-in to secure large contract chipmaking orders from US Big Tech firms. Following the March appointment of ex-TSMC sales executive Margaret Han to lead its US foundry unit in March, Samsung Foundry has posted senior sales manager positions on its website.

  • 5 days ago | kedglobal.com | Eui-Myung Park |Jeong-Soo Hwang |Chae-yeon Kim

    LS Electric Co., a South Korean industrial system supplier, is poised to deliver a large volume of power control equipment, including switchgears and circuit breakers, to Vertiv Co., a leading provider of liquid-cooling solutions used in Nvidia Corp.'s AI servers. LS Electric is in the final stages of negotiating the terms of the supply agreement with the world’s largest liquid-cooling system supplier, according to sources with knowledge of the matter on Monday.

  • 3 weeks ago | kedglobal.com | Jeong-Soo Hwang

    Samsung Electronics Co. will empower its next Galaxy Z foldable smartphones with advanced artificial intelligence features as it seeks to extend its lead in the global foldable phone market. The South Korean smartphone giant on Wednesday released a teaser video showcasing the sleeker design of the Galaxy Z Fold7 and highlighting new AI features drawn from its flagship Galaxy S25 Ultra, the top of its flagship smartphone lineup.

  • 3 weeks ago | kedglobal.com | Jeong-Soo Hwang

    Samsung Electronics Co. is reportedly in advanced talks to equip its next flagship Galaxy smartphone series with the artificial intelligence-powered search technology from Perplexity AI Inc. in a move to accelerate the diversification of the South Korean tech giant’s AI ecosystem.

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