The South Korean Ministry of Trade, Industry and Resources (MOTIR) announced a $590 billion A.I. and HBM Chip production initiative – but market reaction has been mixed.
Japan backs Micron AI memory push in Hiroshima
Japan is backing Micron’s $9.3 billion Hiroshima expansion as it seeks to become an AI memory hub and challenge South Korea’s lead in HBM.
South Korea starts 24-hour trading of dollar-won
SEOUL, July 6 (Reuters) – South Korea launched its historic 24-hour onshore spot dollar-won trading system on Monday as part of efforts to broaden currency convertibility as it aims to win an upgrade …
South Korea to create future fund from chip windfall to spur growth, tackle inequality
SEOUL, July 5 (Reuters) – South Korea plans to establish a future fund using extra tax revenue generated by a semiconductor boom to invest in growth engines, support for younger generations and …
3,000% bonuses but a growing wealth divide: South Korea grapples with its AI chip boom
Powered by chipmakers Samsung Electronics and SK Hynix, South Korea is seeing a surge in wealth, but there are questions over who gets to share in the profits …
KKR to control South Korea’s $1.3 billion renewables platform with SK as AI power demand rises
The announcement came after South Korea announced on Monday three massive investment projects, spanning semiconductors, physical AI and AI data centers.
US, Japan, and South Korea team up to tackle North Korea’s growing crypto crime empire
US, Japan, and South Korea unite to counter North Korea’s crypto crime surge, linked to $6 billion in theft, boosting global security.
South Korea’s currency chief says in talks with Japan, allies
By Cynthia Kim and Yena Park SEOUL, July 2 (Reuters) – South Korea’s vice finance chief on Thursday said Seoul is closely communicating with Japan and other key allies on foreign exchange issues, and …
S.Korea property investor plans $600 mln fund
HONG KONG, April 16 (Reuters) – South Korea-focused property investor Doran Capital Partners plans to raise a $600 million fund this year to buy and revamp shopping centres and offices in cities such …
South Korea real estate show highlights global and domestic investments
This year’s South Korea Real Estate Trend Show will feature booths providing information and consultations on various real estate investment opportunities. In particular, an increasing number of …