South
South Korea’s SK Hynix to invest 103 trillion won by 2028 in AI, chips
SOUTH Korea’s SK Hynix, the world No 2 memory chip maker, will invest 103 trillion won (S$102 billion) till 2028 to strengthen its chips business, focusing on artificial intelligence...
South Korea kicks off 26 trillion won of chip loans, funds from July
SOUTH Korea will begin awarding aid to chipmakers from July, kicking off a 26 trillion won (S$25 billion) package of financial support pledged towards boosting a critical industry.Seoul will...
South Korea, Japan vow to take steps to defend their currencies
Their Finance Ministers will continue to take appropriate actions against excess volatility and disorderly movements in exchange ratesFinance ministers of South Korea and Japan used a bilateral meeting in...
Japan and South Korea fighting over an app at a tense time
A joint venture set up in 2019 by a top Japanese company and a top South Korean company was hailed as a beacon of cooperation amid strained diplomatic relations.Executives...
South Korea’s SK Innovation and SK E&S to pursue merger, report says
SOUTH Korea’s SK Innovation, the parent of the country’s largest oil refiner and battery maker SK On, is expected to pursue a merger with energy affiliate SK E&S, resulting...