Tag: Chips

Chips

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Exports jump 63% in July to post second-highest monthly total ever

Outbound shipments hit $98.89 billion on persistently robust chip demand, resulting in a trade surplus of $30.32 billion.

2026.8.1

Korea's per capita GDP nears $40,000, but Taiwan pulls further ahead

The metric is set for its fastest growth in five years on a confluence of factors, including SK hynix's U.S. listing and a potential strengthening of the won.

2026.7.19

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Chip shipments jump 206% as Korea posts record early-June exports

Korea’s exports hit an all-time high for the first 10 days of June as semiconductor shipments more than tripled from a year earlier.

2026.6.11

Nvidia CEO Jensen Huang, right, raises a toast with Samsung Electronics Executive Chairman Lee Jae-yong, left, and Hyundai Motor Executive Chair Euisun Chung during an informal chicken-and-beer gathering in southern Seoul on Oct. 30, 2025. [KIM KYOUNG-ROK]

Speculation grows that Nvidia's CEO may have another Korean meal moment with tech leaders this week

From bonding over chimaek, Korea's chicken and beer combo, last year to possibly having samgyeopsal (pork belly) and soju soon, Nvidia CEO Jensen Huang may continue his unconventional yet local recipe for building ties with Korean tech leaders.

2026.6.1

A screen in Hana Bank's trading room in central Seoul shows the Kospi closing at 8,788.38 points on June 1, up 312.23 points, or 3.68 percent, from the previous trading session.

Seoul shares close at new high on tech rally amid AI optimism

Korean stocks extended a rally to a fresh all-time high on Monday, driven by strong gains in stocks related to AI. The benchmark Kospi added 312.23 points, or 3.68 percent, to close at 8,788.38, after hitting a new intraday high of 8,874.16.

2026.6.1

The Kospi's close at 8,228.70 points is displayed on a screen in a trading room in central Seoul on May 27. [NEWS1]

Kospi jumps 2.25% after Micron rockets nearly 20% on UBS projection

Korean stocks surged on Wednesday after U.S. memory chipmaker Micron jumped nearly 20 percent overnight and pushed the Kospi above the 8,400 mark during intraday trading.

2026.5.27

This file photo taken on Jan. 2, shows the construction site of the Yongin semiconductor cluster in Yongin, Gyeonggi. [YONHAP]

Industrial production rises 2.6% in Q1 on chips, machinery

Korea's industrial output expanded 2.6 percent from a year earlier in the first quarter, driven mainly by semiconductors, machinery and energy-related businesses, data showed Wednesday.

2026.5.20

Containers fill a port in Pyeongtaek, Gyeonggi, on May 8. [YONHAP]

KDI projects economy to expand 2.5% this year on chips

The Korean economy is projected to expand 2.5 percent in 2026, supported by strong growth in the semiconductor industry and a recovery in domestic consumption, a state-run think tank said Wednesday.

2026.5.13

Containers are stacked at the yards of Busan Port on March 31. [NEWS1]

Exports set new all-time quarterly high on AI chip demand as biopharm, textile and battery sectors also grow

Korea's exports hit a record high in the first quarter of 2026, driven by the strong growth of AI data centers worldwide, the industry ministry said Wednesday.

2026.5.6

Samsung Electronics flag, left, and SK hynix's Icheon headquarters in Gyeonggi [YONHAP]

Samsung, SK hynix to post record Q1 profits with blockbuster earnings still to come

Analysts project nearly 70 trillion won ($46 billion) in combined first-quarter profits for Samsung Electronics and SK hynix, the world’s two largest memory makers.

2026.4.5