South Korea's Kospi clocks best month in 28 years as tech optimism triumphs over Iran war worries

The index's outsized gains have been driven largely by optimism around the artificial intelligence boom.

Samsung, SK Hynix flag record supply squeeze in memory market as AI demand soars

Samsung Electronics and SK Hynix, South Korea’s two memory chip giants, are warning of a prolonged and severe global supply crunch, weeks after the two companies disclosed increased investments in their China wafer fabs to meet surging artificial intelligence demand. During Samsung’s first-quarter earnings call on Thursday, the company said its order fulfilment rate had plunged to a “record low”. In a rare move, customers worried about shortages were already pre-booking memory capacity for 20...

By Ann Cao

Murata beats profit estimates as AI data-center demand strains production

The company says it is struggling to catch up with runaway demand for its multilayer ceramic capacitors, sought by U.S. hyperscalers for artificial intelligence data centers.

Samsung Electro-Mechanics profit jumps 40% on AI demand

Samsung Electro-Mechanics on Thursday posted first-quarter operating profit of 280.6 billion won ($189 million), up 40 percent from a year earlier and well above the 271.5 billion won analysts had expected, as demand for the high-end semiconductor substrates used in AI accelerators drove the strongest growth in the components maker's portfolio. Revenue rose 17 percent to 3.21 trillion won, beating the consensus of 3.09 trillion won. The profit growth came despite a 71.4 billion won one-off retir

By The Korea Herald

Samsung Electronics expects to win more customers for advanced logic chips

Samsung Electronics Q1 profit jumps eightfold on AI chip demand

Samsung chip profit jumps almost 50-fold; Supply shortage to worsen in 2027

Samsung says January-March operating profit in its cash cow chip division reached a record 53.7 trillion won from just 1.1 trillion won in the same period a year earlier

By Reuters