Samsung, SK Hynix and Celltrion Pledge KRW 392 Trillion to Chungcheong in Korea's 'Second Tokyo Declaration'
Samsung, SK Hynix CEO Kwak No-jeong and Celltrion commit KRW 392 trillion to Chungcheong as President Lee calls it Korea's 'second Tokyo Declaration.' Anthropic also eyes Samsung 2nm foundry.
LG Energy Solution (373220.KS) Ohio EV Plant Pivots to ESS
A $3.5 billion battery plant that Honda and LG Energy Solution broke ground on to build electric-vehicle cells has instead started churning out cells for the po
Celltrion (068270.KS) Q2: Margin 33%, Record ₩430B Profit
Celltrion (068270.KS), Korea's largest biosimilar maker, said its second-quarter operating margin leapt to roughly 33% — the sharpest profitability move in the
KOSPI Sinks 7.9% as 'Meta Shock' Routs Korean Chip Stocks
KOSPI plunged 7.89% to 7,648.09 on July 2, 2026 as Meta's AI cloud plans sparked fears of AI compute overcapacity, sending SK Hynix down 14.57% and Samsung down 9.06% in a 'Black Thursday' rout.
Seoul and Washington Clash Over ₩624.7B Coupang Fine as US House Labels Korea's Data Enforcement Discriminatory
South Korea's Foreign Ministry and NIS push back against a US House Judiciary Committee report that labels the PIPC's record ₩624.7 billion ($403 million) privacy fine against Coupang as 'discriminatory.' The fine stems from a Chinese-employee data breach exposing 37 million Coupang users.
Google's €4.1B EU Fine Sealed, Samsung (005930.KS) in Focus
On July 2, the Court of Justice of the European Union (the EU's highest court, whose rulings cannot be appealed) dismissed the final challenge from Alphabet's G
Hanmi Pharma (128940.KS) Promotes Obesity, Licensing VPs
Hanmi Group, a Korean pharmaceutical group whose listed drugmaker Hanmi Pharmaceutical (128940.KS) is a KOSPI large-cap, on July 2 promoted six executives in it
SK Hynix Pledges ₩100 Trillion ($64B) for New Memory Capacity
SK Hynix CEO announces ₩100 trillion ($64B) Cheongju investment: ₩80T for NAND fab M17 (2029) and ₩20T for advanced HBM packaging (2027), as KOSPI fell 4.46% on AI capex fears.
Hanmi Semiconductor Chairman Buys ₩5B Stock Before HBM4 Ramp
Hanmi Semiconductor Chairman Kwak Dong-shin adds ₩5B in personal stock purchases, bringing three-year total to ₩69.5B, signaling conviction in TC Bonder demand ahead of HBM4 ramp.
BYD's First Korea Recall Part of 146,505-Vehicle Sweep
South Korea orders 146,505-vehicle recall. BYD faces first-ever Korean recall; Hyundai Tucson leads volume at 54,792 units.
SK Inc. and KKR Form Korea's Largest Renewable Energy Joint Venture, Targeting 10 GW by 2031
SK Inc. and KKR sign a KRW 2 trillion JV to create Korea's largest renewable energy platform at 1.7 GW initial capacity, targeting 10 GW by 2031.
Samsung Reaffirms 1.4nm for 2029, Bets on Ecosystem vs TSMC
Samsung used SAFE Forum 2026 to confirm 1.4nm (SF1.4) mass production for 2029 and reframe its foundry pitch around AI ecosystem partners, not raw pro