Despite chip rally, challenges ahead

Korean chipmaker SK hynix last week posted an unprecedented operating profit of 37.61 trillion won ($25.42 billion) for the first quarter. A few weeks ago, Samsung Electronics reported a record-setting 57.2 trillion won in operating profit for the same period. Together, they have earned 94 trillion won in the first three months of the year on the back of a semiconductor supercycle. More significant is that the nation’s top two IT companies are poised to expand their presence in the global tech domain due to increasing worldwide demand for chips. Notably, SK hynix’s operating margin stood at 72 percent, exceeding the 58 percent posted by Taiwan’s TSMC in the first quarter, as well as the 65 percent recorded by Nvidia in the last quarter of 2025. The performances of SK hynix and Samsung led to a surprise boom in Korea’s first-quarter gross domestic product (GDP), which rose 1.7 percent, surpassing the market forecast of 0.9 percent. This growth expansion was the highest since the third quarter of 2020, when Korea saw GDP growth of 2.2 percent. Significantly, the growth in this strategic s

Latest News from Korea

Latest Entertainment from Korea

Learn People & History of Korea