Employees celebrate the close of trading for the year at the Korea Exchange (KRX) on Monday, Dec. 30, 2013. SeongJoon Cho | Bloomberg | Getty Images South Korean stocks rallied Thursday, lifting the benchmark Kospi into a technical bull market as a global revival in the AI trade fuels a sharp recovery after last month’s…
A man looks at a stock index board showing South Korea’s benchmark stock index (KOSPI) after the close of trading in Seoul on July 28, 2026. Greg Baker | Afp | Getty Images South Korea’s Kospi has staged a reversal from its latest rout, returning to bull-market territory as investors pile back into the country’s…
SK Hynix has announced a 54 trillion Korean won ($38.1 billion) investment to construct two new semiconductor manufacturing facilities in South Korea. As the world’s second-largest memory manufacturer behind Samsung, the company is expanding capacity to address severe supply constraints driven by the global AI data centre boom. Production in the first facility’s cleanroom is…
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images Semiconductor shares tumbled Tuesday in Asia, extending a rout in chipmakers after another weak session on Wall Street. SK Hynix plunged more than 13%, while Samsung Electronics fell over 12%. Other…
Demand for SK Hynix’s offering was reportedly over seven times more than the number of shares available, highlighting the strong investor appetite for a key company in the AI supply chain. Each American depositary share is equivalent to a tenth of a Seoul-traded common share, SK Hynix said. The offering gives US investors a way…
SK Hynix has topped US$1-trillion in market capitalization for the first time, joining memory rivals Samsung Electronics and Micron Technology in a historic, AI-fuelled semiconductor rally. Shares of SK Hynix jumped 14.9% on Wednesday, pushing the company’s market value to a record ₩1,680-trillion ($1.12-trillion) and cementing South Korea as the first country outside the United…
SK Hynix said on Wednesday that it plans to invest the equivalent of US$12.85-billion (R212-billion) in a new manufacturing plant in South Korea for advanced packaging, to meet rising global demand for AI memory, with construction starting this month. The Nvidia supplier, one of the world’s largest memory chip makers, has been expanding production capacity…
A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office in Seongnam on Jan. 26, 2024. Jung Yeon-je | Afp | Getty Images South Korean memory chip giant SK Hynix posted yet another quarter of record profit and revenue on Thursday, as prices for its products continue…
Signage at the SK Hynix Inc. booth at the China International Import Expo (CIIE) in Shanghai, China, on Thursday, Nov. 6, 2025. The expo runs through Nov. 10. Photographer: Qilai Shen/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s SK Hynix on Wednesday reported record full-year profit for 2025, more than doubling…
A visitor takes a picture of a model of SK hynix’s high-bandwidth memory (HBM) technology during the 2025 World IT Show in Seoul on April 24, 2025. Jung Yeon-je | Afp | Getty Images South Korea-based memory maker SK Hynix announced Tuesday it will invest 19 trillion Korean won ($12.9 billion) to build a new…
