91 stories mentioning KRX:005930
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Yest (KOSDAQ:122640) secured an order for optical communication network equipment from Samsung Electronics (KRX:005930), according to a Thursday filing with the Korea Exchange.The contract, valued at 22.82 billion won, is valid till Dec. 30, 2027.Shares of Yest rose nearly 6% in recent trade.
SK Hynix (KRX:000660) aims to double the output of key AI memory chips over the next five years, projecting a global supply shortage that could last until 2030, Bloomberg News reported on Wednesday, citing chairman Chey Tae-won.Tae-won said in Taipei that the company is boosting investment to tackle the supply-demand gap, though exact figures are elusive due to fluctuating costs of land, equipment, and electricity, the news wire said.Chey said the company is committed to funding the expansion of chip wafer capacity at all necessary levels, the publication said.As a dominant player alongside Samsung Electronics (KRX:005930) and Micron, SK Hynix has benefited from the surge in data center construction, with recent multitrillion-dollar spending projections from tech giants helping push its valuation and Micron's past $1 trillion last week.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
South Korean stocks closed above the 8,800-point threshold for the first time on Tuesday, with gains in AI-driven technology shares, led by Samsung Electronics (KRX:005930), which added 3.3% at market close.The Korea Composite Stock Price Index or Kospi rose 13.11 points, or 0.2%, to end at 8,801.49. The Kosdaq decreased by 24 points, or 2.3%, to close at 1,026.03.In economic news, South Korea's corporate financing through debt and equity issuance rose by 13% to 22.616 trillion won from a month earlier, according to data released by the Financial Supervisory Service on Tuesday.Equity issues fell 6% from 440.2 billion won to 413.6 billion won, while debt issues grew 13.6% to 22.202 trillion won in April, from 19.543 trillion won in the previous month.In corporate news, Samsung Heavy Industries (KRX:010140) will build an offshore production facility for an undisclosed North American client, according to a Tuesday filing with the Korean Exchange.The contract is worth 4.33 trillion won, and the facility is expected to be completed by July 10, 2030.Shares of Samsung Heavy Industries rose nearly 1% at market close.
Samsung Electronics (KRX:005930) is considering moving its US headquarters from New Jersey to Texas, Yonhap News Agency reported Monday, citing industry sources.The electronics company has already notified employee of the decision, with an unnamed company official confirming workforce allocation plans, according to the report.The move is seen as the company taking advantage of favorable tax policies and lower real estate costs in Texas, the news outlet reported.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Samsung Electronics' (KRX:005930) market capitalization exceeded 2 quadrillion won on Monday, for the first time ever, Yonhap News said in a same-day report.As of 11:44 am on Monday, company shares were up 9.31% to trade at 346,500 won on Kospi, leading to a market capitalization of 2,025.7 trillion won, the report said.SK Hynix (KRX:000660) had a market capitalization of 1,689.8 trillion won as of the same time, it said.Shares of Samsung Electronics rose nearly 1% in recent trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
South Korea's equity market surpassed India to become the world's sixth-largest stock market, owing to a surge in semiconductor stocks, Bloomberg News reported Tuesday.The total market capitalization of South Korea-listed firms jumped 86% so far in 2026 to $5 trillion, while the Indian stock market's total capitalization has decreased to $4.8 trillion, the report said.Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660), both now valued at over $1 trillion, fueled the country's stock market rally through their dominance in AI memory chips, the report said.This helped the Korea Composite Stock Price Index or Kospi, more than double so far this year and pushed South Korea ahead of Canada, Germany, the UK, and France in terms of market capitalization, Bloomberg said.Despite South Korea's larger stock market, India's economy remains considerably bigger at $4.15 trillion as compared to the former's $1.93 trillion, the report said, citing International Monetary Fund estimates.Shares of Samsung Electronics rose 1% while those of SK Hynix declined nearly 3% in recent trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Kioxia (TYO:285A) is seeking to recover lost market share by commercializing a new technology ahead of its competitors such as Samsung Electronics (KRX:005930), Nikkei Asia reported Tuesday, citing the company's engineer.The plan comes as rising demand for data center memory extends to NAND flash chips, the report said.The company is set to hold its first investor strategy briefing in a year on Tuesday, where Kioxia is expected to outline its technology roadmap, according to Nikkei.While Kioxia's predecessor Toshiba, pioneered vertical stacking technology for NAND in 2007, the company has recently lagged behind rivals in layer counts-its main products still use 218 layers, compared to SK Hynix's (KRX:000660) 300-plus-layer chip unveiled in summer 2023, the publication said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
South Korean stocks climbed to a new high on Monday, buoyed by strong gains in semiconductor firms and AI-related shares. Shares of major market movers Samsung Electronics (KRX:005930), SK Hynix (KRX:000660), and LG Electronics (KRX:066570) added over 10%, more than 1%, and nearly 30%, respectively, at market close.The Korea Composite Stock Price Index or Kospi rose 312.23 points, or 3.7%, to end at 8,788.38. The Kosdaq decreased by 24.77 points, or 2.3%, to close at 1,050.03.In economic news, South Korea recorded a trade surplus of $26.9 billion in May, a new all-time high, and marking the third straight month of more than $20 billion in trade surplus, the Ministry of Trade, Industry and Energy said in a Monday release.It came as exports increased 53.2% to $87.8 billion from the year-ago period, the sharpest pace of growth since 1984. Imports rose 20.8% to $60.8 billion.Semiconductor exports surged 169.4% to a record $37.16 billion, while non-semiconductor exports increased by 16%. Rising memory chip prices amid increased capital spending by major U.S. technology companies pushed chip exports higher.In corporate news, Hanmi Science (KRX:008930) signed a technology licensing agreement for Sonefpeglutide (HM15912), a short bowel syndrome drug, with Eli Lilly and Co., according to a Monday filing with the Korea Exchange.The technology licensing agreement is worth up to $1.26 billion, including a $75 million upfront payment and up to $1.185 billion in development, regulatory, and commercial milestones, along with royalties based on future sales.Shares of the company rose more than 4% at market close.
YC Corp. (KOSDAQ:A232140) secured a 93 billion won project for the supply of semiconductor inspection equipment to Samsung Electronics (KRX:005930), according to a Monday bourse filing with the Korean Exchange.The payment for the six-month project will be structured in two tranches, with 90% payment to be made upon delivery and 10% after setup and installation.
South Korea's trade surplus hit an all-time high in May, driven by a semiconductor boom that pushed exports to their fastest growth rate in four decades, according to data released Monday by the Ministry of Trade, Industry and Energy.Trade surplus reached nearly $27 billion during the month, according to figures from the ministry.Exports increased 53.2% to $87.8 billion, topping the $80 billion mark for the third straight month, the ministry said. This marks the steepest percentage increase since January 1984, beating the 48.4% growth forecast, according to Investing.com."It is truly an unprecedented pace, raising market expectations again and again and exceeding them again and again," Reuters quoted Meritz Securities economist Stephen Lee as saying.Semiconductor exports surged 169% to $37.2 billion during the year, led by capital investments by U.S. technology companies.Dynamic Random-Access Memory chip exports soared 370% to $18.6 billion while NAND memory chip exports jumped 207% to $1.7 billion during the month.Computer exports soared 291% to $4.18 billion due to demand for solid-state drives for artificial intelligence servers.Wireless communication device exports increased 13% to $1.46 billion."Market sentiment appears to be shifting toward the view that the semiconductor upcycle will last longer than previously expected," Bloomberg quoted BNP Paribas economist Jeeho Yoon as saying.Petroleum product exports jumped 47% to $5.25 billion on rising oil prices, but volume slid 24% amid export control measures.Automobile exports were an outlier, sliding 5.9% to $5.83 billion, led by logistics disruptions due to the war in the Middle East, as well as difficulties with car parts purchases due to domestic fires and fewer working days."The pickup in South Korea's exports in May underscores the resilience of external demand despite uncertainty from the Iran war," Bloomberg Economics' Hyosung Kwon said.An increase in semiconductor profits could also lead to rises in housing, equities, and wages, Bloomberg reported, citing Kwon.By destination, exports to China topped the list, increasing 81% to $18.9 billion, while exports to the U.S. rose 59% to nearly $16 billion. Sales to Southeast Asia jumped 58% to $15.9 billion and to the EU, up by 2% at $6.2 billion."Exports are likely to remain strong at least through the end of this year and into early next year," Bloomberg said, citing Yoon.Strong artificial intelligence-driven demand for semiconductors recently translated into surging equity valuations for South Korea's tech giants. Nvidia supplier SK Hynix (KRX:000660) last week joined the $1 trillion market capitalization club for the first time.SK Hynix's rally came just weeks after its rival, Samsung Electronics (KRX:005930) also topped $1 trillion in market capitalization.
South Korean stocks opened at a new high on Monday, led by surging technology shares despite uncertainty around the negotiations between the US and Iran.The benchmark Korea Composite Stock Price Index, or Kospi, rose 0.1%, or 9.52 points, to open at 8,485.67. The Kosdaq decreased 0.2%, or 2.03 points, to open at 1,072.77.Major market movers Samsung Electronics (KRX:005930) and LG Electronics (KRX:066570) gained nearly 7% and over 25% in early morning trade, respectively.Oil prices jumped over 2% on Monday after Israel ordered troops to push deeper into Lebanon, fueling concerns over a broader conflict in the region and potential disturbances to global energy supplies. Brent crude rose 2.1% to $93.05 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 2.5% to $89.53 in early trading.
Samsung Electronics (KRX:005930) and Harvard Medical School affiliate Massachusetts General Hospital (MGH) will jointly track and analyze physical changes in patients taking glucagon-like peptide-1 (GLP-1) class treatments with the help of the Galaxy Watch.GLP-1 is an intestinal hormone that helps regulate blood sugar and suppress appetite, Samsung Electronics said in a Thursday release.The study will assess whether data from the Galaxy Watch 8 and Samsung Health can help manage muscle loss in patients who take GLP-1 drugs by tracking body composition, activity, and heart rate, according to the release.Shares of Samsung Electronics fell over 2% at market close.
ChangXin Memory Technologies has received approval from the Shanghai Stock Exchange to proceed with an initial public offering, targeting 29.5 billion yuan in proceeds, which would make it the largest IPO in China in four years.The Shanghai bourse's Listing Review Committee on Wednesday noted that CXMT "meets the issuance conditions, listing conditions, and information disclosure requirements" for an IPO.The chipmaker plans to list 10.6 billion shares on the STAR Market board, accounting for at least 10% of its share capital post-issuance.CXMT has agreed to grant underwriters an overallotment option to issue up to an additional 15% of the shares in the offering.China International Capital Corporation and CITIC Securities are serving as lead underwriters.Based on its IPO target size, the deal would mark the largest in China since CNOOC's (SHA:600938, HKG:0883) 32.3 billion yuan Shanghai IPO in 2022. It would also be the biggest in Asia since Contemporary Amperex Technology or CATL's (SHE:300750, HKG:3750) HK$41 billion Hong Kong IPO last year.CXMT describes itself as the world's fourth-largest supplier of dynamic random access memory (DRAM). The company competes with South Korea's Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660), and US-based Micron Technology. They collectively control 90% of the DRAM market, according to The Wall Street Journal.DRAM is a chip that serves as a key component for processors, including those used for artificial intelligence models.The company supplies its products to domestic clients like Alibaba Holdings (HKG:9988), ByteDance, Tencent Holdings (HKG:0700) and Xiaomi (HKG:1810).Of the total proceeds, CXMT plans to use 13 billion yuan to upgrade its DRAM technology, 9 billion yuan for DRAM research and development, and 7.5 billion yuan to upgrade its production line."After years of development, the company has broken through key core technologies in DRAM and successfully achieved independent R&D, design, and commercial mass production of its products, filling a long-standing gap in the global market for DRAM products from mainland China," according to a translated text of CXMT's IPO prospectus.The IPO comes as CXMT continues to bank on the strong global demand for chips amid the AI boom. For the first quarter ended March 31, CXMT swung to an attributable net profit of 24.8 billion yuan from an attributable net loss of 1.56 billion yuan a year earlier. Revenue surged 719% to 50.8 billion yuan from 6.2 billion yuan.The company expects to book up to 57 billion yuan in attributable profit for the first half of 2026, versus an attributable net loss of 2.33 billion yuan a year prior. Revenue is forecast to jump by up to 677% from a year earlier to up to 120 billion yuan.Ao Fei, managing director at Beijing Xinhan Capital, told Bloomberg that CXMT's "position in the industry and its strategic importance to the nation speaks for itself.""CXMT is the reason China has been able to get a foothold in DRAM, arguably the most critical memory segment powering the AI revolution.""This is a national champion that has catalyzed China's entire semiconductor supply chain, serves as a training ground for the next generation of talent, and has elevated the industry to a new frontier," Ao reportedly said."You could argue that ChangXin today occupies the same pivotal position that CATL held at the time of its listing."Meanwhile, Dong Shaopeng, a senior research fellow at the Chongyang Institute for Financial Studies, Renmin University of China, told China's Global Times that the Shanghai bourse's approval of CXMT's listing follows the outcome of policy guidance, industrial efforts and coordinated support from the financial system."Against this backdrop, continued breakthroughs in China's semiconductor industry could bring structural adjustments to the global chip market landscape," Dong was quoted by the Global Times as saying.CXMT's Shanghai IPO also comes amid an influx of new listings in mainland China and Hong Kong. Total funds raised from A-share IPOs in the first quarter of 2026 rose 8% year over year to 27.4 billion yuan, according to data from KPMG.
The market capitalization of South Korean chipmaker SK Hynix (KRX:000660) surpassed $1 trillion on Wednesday, share price data showed.The stock gained 9.3% on the same day to close at 22,43,000 won.Bloomberg News reported separately that the performance comes amid a surge in memory-chip stocks and adds SK Hynix to join the $1 trillion market value club with peers Samsung Electronics (KRX:005930) and Micron Technology.
South Korean stocks climbed for a fourth straight session on Wednesday to a new record above the 8,200-point level, led by strong gains in Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660), which added nearly 3% and over 9% respectively.Investors also assessed renewed Middle East tensions alongside efforts toward a peace agreement between the U.S. and Iran.The Korea Composite Stock Price Index or Kospi jumped by 181.19 points, or 2.3%, to end at 8,228.7. The Kosdaq decreased by 39.39 points, or 3.4%, to close at 1,133.13.In economic news, the composite business sentiment index in all industries in South Korea increased four points to 98.9 in May from 94.9 in April, while the outlook for the next month added 3.7 points to 97.6, according to data released by the Bank of Korea on Wednesday.The latest print marked the highest in over three years.The seasonally adjusted composite business sentiment index for the manufacturing sector added 1.7 points to 100.8, while the outlook for the following month also added 2.3 points to 100.3, the central bank said.For the non-manufacturing sector, the seasonally adjusted composite business sentiment index increased 5.4 points to 97.5, while the outlook for the following month added 4.7 points to 95.9.In corporate news, Aamajority of Samsung Electronics' largest labor union approved a compensation agreement that will provide chip workers with average bonuses of about 513 million won, or $340,000 each, Bloomberg News reported Wednesday.Around 74% of union members backed the deal after weeks of negotiations.The move follows a similar bonus payout agreement reached in 2025 by competitor SK Hynix, though Samsung's actual bonus payments will largely depend on earnings and chip demand.In other news, Samsung Electronics also plans to invest $1.5 billion in Vietnam to build its first chip testing factory in the country, The Economic Times reported Wednesday, referring to a company document reviewed by Reuters.Construction has already begun at an industrial park about 60 kilometers north of the Vietnamese capital of Hanoi, with operations expected to start in November 2027.
Samsung Electronics (KRX:005930) plans to invest $1.5 billion in Vietnam to build its first chip testing factory in the country, The Economic Times reported Wednesday, referring to a company document reviewed by Reuters.Construction has already begun at an industrial park about 60 kilometers north of the Vietnamese capital of Hanoi, with operations expected to start in November 2027, the report said.Shares of Samsung Electronics fell nearly 7% in recent trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
A majority of Samsung Electronics' (KRX:005930) largest labor union approved a compensation agreement that will provide chip workers with average bonuses of about 513 million won, or $340,000 each, Bloomberg News reported Wednesday.Around 74% of union members backed the deal after weeks of negotiations, the report said.Shares of Samsung Electronics jumped 7% in recent trade.The move follows a similar bonus payout agreement reached in 2025 by competitor SK Hynix (KRX:000660), though Samsung's actual bonus payments will largely depend on earnings and chip demand, the report said.The chipmaker employs about 78,000 people in its semiconductor division. Under the new deal, workers are set to receive average bonuses of roughly 513 million won, which is sharply higher than the average annual pay of 158 million won reported last year, it said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
South Korean stocks opened at a new high on Wednesday, led by gains made by semiconductor shares as investors assessed renewed Middle East tensions alongside efforts toward a peace agreement between the U.S. and Iran.The benchmark Korea Composite Stock Price Index, or Kospi, rose 2.4%, or 194.61 points, to open at 8,242.12. The Kosdaq increased 0.1%, or 1.28 points, to open at 1,173.80.Shares of key market-moving chip stocks Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) added over 6% and 9% in recent trade.Iran said Tuesday that the U.S. violated a ceasefire by striking targets near the Strait of Hormuz, raising concerns over efforts to end the military conflict. Meanwhile, U.S. Secretary of State Marco Rubio said a deal to halt the war could take "a few days" despite earlier signs of progress in talks to restore shipping through the strategic waterway.
Samsung Electronics (KRX:005930) led smartphone sales in Central and South America, the Middle East, and Southeast Asia in the first quarter, The Korea Times reported Monday, citing data compiled by industry tracker Omdia.The electronics products maker sold 12.9 million smartphones in Central and South America for a 37% market share, while accounting for 34% market share in the Middle East and 21% in Southeast Asia, the report said.Strong Galaxy S26 sales and steady demand for the Galaxy A series helped the company expand market share, the report said, cited Omdia.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
South Korea's top five companies accounted for more than 40% of the country's total exports in the first quarter, Yonhap News reported Sunday, citing the Ministry of Data and Statistics.The firms, including Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660), posted total outbound shipments of $95.7 billion, representing 43.5% of the country's total exports in the January to March period, the report said.They raised exports by $50 billion in Q1 from a year earlier, accounting for 82.8% of the total export growth during the period, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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