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Saturday, Feb, 28, 2026

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BIZ&TECH

  • Cash-rich SK hynix readies AI expansion

    SK hynix has secured some 30 trillion won ($22 billion) in cash and short-term financial instruments, reinforcing its financial firepower as it accelerates investments in artificial intelligence semiconductors, facilities and research and development.According to data released by the Financial Supervisory Service on Wednesday, the chipmaker held 14.92 trilli..

  • Hyundai Motor, SK, POSCO, Hyosung to set up Hydrogen Council

  • AsiaToday reporter Kim Byung-hoon South Korea’s four major conglomerates – Hyundai Motor, SK, POSCO and Hyosung – will team up to launch a consultatio..
  • Semiconductor production capability is national competitiveness

  • AsiaToday reporter Park Ji-eun Major countries in the world are making aggressive moves to secure high-tech semiconductor production capacity. Followi..
  • SK Innovation teams up with Ford to build EV batteries in the US

  • AsiaToday reporter Choi Jeong-ahSK Innovation and LG Energy Solution are expected to compete against each other in the US battery market as SK Innovation w..
  • Gov’t vows to create world’s largest chip supply chain

  • AsiaToday reporter Choi Won-youngSamsung Electronics and SK Hynix will invest 510 trillion won ($458.1 billion) in semiconductors for 10 years while the go..
  • Samsung, LG post record earnings in Q1

  • AsiaToday reporters Hong Sun-mi & Park Ji-eunBoth Samsung Electronics and LG Electronics achieved their highest-ever quarterly sales and operating prof..
  • Businesses, religious community call for jailed Samsung heir’s release

  • AsiaToday reporters Jeong Dan-biAs competition between the United States and China in semiconductor innovation is intensifying, calls are growing among bus..
  • Samsung likely to expand 5G presence in Europe to fill Huawei gap

  • AsiaToday reporter Park Ji-eun Samsung Electronics’ 5G network equipment market share is expected to expand in the European market as Germany, the gat..
  • LG and SK agree to settle battery dispute

  • LG and SK have finally ended their legal battle. The agreement comes hours before the Sunday night deadline for the U.S. International Trade Commission (IT..
  • Two-thirds of Koreans think Hyundai Motor’s Chung Eui-sun doing good job

  • AsiaToday reporter Choi Won-youngIt’s been four months since Chung Eui-sun has taken office as the chairman of Hyundai Motor Group. Nearly two thirds of So..
  • Samsung posts 36tr won in operating profit last year

  • AsiaToday reporter Hong Sun-miSamsung Electronics enjoyed its fourth largest profit in 2020 despite the pandemic situation and the trade conflict between t..
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Cash-rich SK hynix readies AI expansion

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“Hallyu ban to be removed quickly”: Hopes of thaw in Seoul-Beijing ties

· “Efforts will be made to remove Hallyu ban quickly”
· SK Group Chairman heads to Japan to soften “WD risk”

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Jang Won-young shines as BVLGARI’s holiday muse

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