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Mirae Asset invests $110 mn in Perplexity AI at valuation of $20 bn
Aravind Srinivas, co-founder and CEO of Perplexity, speaks during a press conference about its collaboration with SK Telecom in September…
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BlackRock nets 70% gain from Korean chip, financial stocks
The BlackRock logo is seen outside of its offices in New York City (Courtesy of Reuters via Yonhap) BlackRock Inc.…
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Foreign holding in Samsung Electronics at 2025 highs, further upside seen
The Kospi index finished at 3,486.19 on Sept. 23, marking its highest closing level to date Foreign investors’ holding of…
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AI boom ushers in memory supercycle; Samsung raises chip prices
Samsung’s LPDDR5X DRAM is optimal for on-device AI, cloud and automotive applications Samsung Electronics Co. has recently notified major clients…
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Samsung clears Nvidia hurdle for 12-layer HBM3E supply, setting stage for HBM4 battle
A Samsung silicon wafer Samsung Electronics Co. has won long-awaited validation from Nvidia Corp. for its latest high-bandwidth memory, clearing…
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Samsung leads conglomerates in entry-level hiring for future growth
Samsung Electronics Executive Chairman Lee Jae-yong (Left) shakes hands with Korean students participating the WorldSkills Lyon 2024 in France in…
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LG Electronics expands voluntary retirement companywide
LG Group’s headquarters in Yeouido, Seoul LG Electronics Inc. is extending its voluntary retirement across the company, broadening it beyond…
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Samsung, Coupang join fast-moving global stablecoin frontier
(Courtesy of Getty Images) Samsung and Coupang are jumping into the global stablecoin race, backing US firms building digital payment…
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S.Korea poised to trail Taiwan in GDP per capita in 2025 for 1st time in 22 years
South Korea’s key exporters — Samsung Electronics, Hyundai Motor and LG Electronics– suffer steep profit falls in the second quarter…
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Detained Koreans return home; Raid likely to delay US battery plant by 3 months
An LG Energy Solution employee (man in center), who was detained in Georgia by U.S. immigration authorities, met with his…
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JPMorgan, CLSA see Korean stocks most attractive amid Asian ‘Goldilocks rally’
The Kospi closes at a fresh record high on Sept. 11, 2025 South Korea’s equities market is undergoing what investors…
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Korea’s Kospi hits historic high, with rally seen extending
The Kospi hits its historic high of 3,314.53 on September 10, 2025 South Korea’s benchmark stock index closed at a…
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US likely to grant Samsung, SK Hynix conditional approval of chip equipment in China
SK Hynix’s memory chip production line in China The US government is considering allowing Samsung Electronics Co. and SK Hynix…
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Korea’s major US investment projects halted as detained LG Energy workers set for release
Construction equipment is parked in front of the Hyundai Motor-LG Energy Solution joint battery plant in Ellabell, Georgia, following the…
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S.Korea rattled by detention of 560 workers at Hyundai-LG battery JV in sweeping US raid
Workers at the Hyundai Motor-LG Energy Solution battery JV in the US state of Georgia are raided and detained Up…
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Whirlpool complains Samsung, LG rejigged product transfer prices to lower US tariffs
Whirlpool’s home appliances (Screenshot captured from its website) NEW YORK – Whirlpool Corp., the world’s top home appliances maker, has…
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Foreign investors dump Samsung in August, buy Kakao and Hyundai Motor
(Courtesy of Getty Images) Foreign investors turned net sellers in South Korea’s stock market in August, offloading Samsung Electronics Co.,…
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S.Korea’s US exports tumble in August as tariff shocks set in
Hyundai Motor vehicles for export are loaded onto a car carrier ship at a seaport in Ulsan, South Korea South…
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Samsung, SK Hynix lose US waiver on chip equipment for China use
Samsung Electronics semiconductor factory in Xi’an, Shaanxi, China (File photo by Samsung) The US will make it harder for Samsung…
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Lee, Trump end first summit on cordial note, but questions remain
South Korea’s President Lee Jae Myung (left) shakes hands with US President Donald Trump in the Oval Office after their…
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Korea Inc pledges $150 bn US investment; KAL buys new planes, Samsung, Hyundai Motor vow extra spending
Samsung Electronics Chairman Jay Y. Lee (left) and SK Group Chairman Chey Tae-won (third from left) chat with US businessmen…
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Korean tycoons head to US to support summit; Samsung likely to unveil fresh investment
Samsung Group Chairman Lee Jae-yong heads to Washington to support the Korea-US summit on Aug. 24, 2025 The heads of…
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Bill Gates strengthens ties with Samsung, SK, HD Hyundai on energy, biotech, philanthropy projects
Samsung Group Chairman Lee Jae-yong (center) welcomes Bill Gates at Samsung’s headquarters in Seoul on Aug. 22, 2025 Bill Gates,…
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S.Korea cuts growth outlook to 0.9%, banks on AI to reignite economy
Container trucks move cargoes at Port of Busan South Korea’s government cut its 2025 economic growth forecast in half from…
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French specialty gas maker Air Liquide signs $2.9 bn deal to acquire DIG Airgas from Macquarie
DIG Airgas facilities in Paju, Gyeonggi province (Courtesy of DIG Airgas) Air Liquide SA, a French multinational industrial gas and…
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South Korea’s president to visit US with 15 business leaders after Japan
President Lee Jae Myung of South Korea (left) and US President Donald Trump South Korea’s President Lee Jae Myung will…
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Harman sells system integration unit to Wipro to sharpen audio focus
(Courtesy of Samsung Electronics) Harman International Industries Inc., wholly owned by Samsung Electronics Co., has sold its digital transformation solutions…
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Samsung’s US profit triples thanks to Galaxy phones
Galaxy Unpacked 2025 event held at the SAP Center in San Jose, California in January 2025 (Courtesy of Samsung Electronics) …
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UK’s TeraView wins preliminary nod for South Korea listing
TeraView’s headquarters in Cambridge, UK (Screentop captured from TeraView website) TeraView Ltd., a British developer of terahertz imaging inspection systems,…
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Kospi-listed firms underperform in Q2 with gloomy H2 forecast
South Korean firms suffered steeper losses in the second quarter as hefty US import tariffs took a toll, fueling fears…
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US government eyes stake in Samsung, TSMC in return for CHIPS Act funds
US Commerce Secretary Howard Lutnick speaks at the US Census Bureau (Screenshot from the US Department of Commerce’s official X…
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Bill Gates to court Korea’s business titans in Seoul for philanthropy push
Samsung Electronics Chairman Lee Jae-yong met Bill Gates in Seoul during Gates’ Seoul visit in August 2022 Bill Gates, billionaire…
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Woori Bank opens Austin’s first Korean lender branch as US presence gathers pace
A view of Woori America Bank’s headquarters, Woori Bank’s US subsidiary, located on 33rd Street in New York’s Koreatown, across…
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Samsung to set up chip packaging R&D center in Tokyo, raise stakes vs TSMC
Samsung Electronics Chairman Lee Jae-yong (far right) inspects the semiconductor packaging line at the Samsung Cheonan Factory in Cheonan, Korea…
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Samsung boosts HBM specialist hiring, scales back foundry recruitment
A researcher at a Samsung R&D center Samsung Electronics Co. is stepping up recruitment of seasoned high-bandwidth memory (HBM) specialists…
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S.Korea’s Lee to visit Japan next week for talks with Ishiba, resumes shuttle diplomacy
President Lee Jae Myung (right) shakes hands with Japanese Prime Minister Shigeru Ishiba during their talks on the sidelines of…
