FINWIRES · TerminalLIVE
FINWIRES

Samsung Electronics

KRX:005930
KRXTechnology

166 stories mentioning Samsung ElectronicsUpdated 10h ago

Samsung's chip-plant expansions face possible delays after a Seoul-area concrete transport workers' strike suspended deliveries.

Asia

Market Chatter: Samsung Electronics Moves Up Yongin Chip Facility Launch to 2029

Samsung Electronics (KRX:005930) plans to begin operations at its Yongin chip facility in 2029, accelerating the timeline from its previous target of 2030 or 2031, Reuters reported Monday.The company moved up the schedule to meet strong demand for AI-driven memory chips, according to the report.The chipmaker did not immediately respond to' request for comment.Shares of the tech giant 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.)

KRX:005930
Asia

Market Chatter: Bank of Korea Rejects 'Peak Semiconductor' Theory; Expects Expansion to Continue

The Bank of Korea has dismissed concerns that the global semiconductor market has peaked, forecasting continued expansion driven by artificial intelligence, Yonhap News Agency reported Monday.The central bank, in a written response submitted to People Power Party lawmaker Park Sung-hoon, said semiconductor demand has increased significantly due to AI infrastructure investment, while the pace of supply expansion remains slow.The domestic semiconductor market is dominated by Samsung Electronics (KRX:005930) and SK hynix (KRX:000660).(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.)

^KOSDAQKOSPIKRX:000660KRX:005930
Asia

Market Chatter: Samsung Said to Launch First Yongin Chip Plant Ahead of Schedule

Samsung Electronics (KRX:005930) plans to start operations at its first semiconductor fabrication plant in the Yongin chip cluster by 2029, Yonhap News Agency reported Sunday, citing industry sources.The plan advances the original timeline at the Yongin National Industrial Complex by one to two years, the report said. The facility is the first of six semiconductor plants planned for the site.Samsung did not immediately respond to' request for comment.(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.)

KRX:005930
Asia

Market Chatter: U.S. Commerce Secretary Pushes Samsung, SK Hynix to Boost Memory Chip Production in the U.S.

U.S. Secretary of Commerce Howard Lutnick pressed South Korean chipmakers Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) to boost memory chip production in the U.S. to help ease the global shortage of key AI components, Bloomberg News reported Friday.The two chipmakers plan to invest a total of $880 billion in new chip facilities ahead to meet AI-driven memory demand. Lutnick said he is in talks with both firms to expand memory chip production in the U.S., following their U.S.-based rival Micron's decision to raise its planned U.S. investment to $250 billion by 2035.Lutnick's comments came ahead of SK Hynix's U.S. market debut on the Nasdaq on Friday, with the company set to use proceeds to boost its chip production capacity.Samsung Electronics and SK Hynix did not immediately respond to a request for comment from.(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.)

KRX:000660KRX:005930
Asia

South Korean Stocks Rally on Chip Surge, Wall Street Boost; SK Hynix's Nasdaq Listing Raises Record $26.5 Billion

South Korean markets surged on Friday, tracking an overnight rally in global semiconductor stocks and tech shares, as investor sentiment was bolstered by a positive lead from Wall Street and major corporate milestones in the technology and shipbuilding sectors.The benchmark Korea Composite Stock Price Index, or Kospi, rose by 2.5%, or 184.03 points, to close at 7,475.94. The Kosdaq also increased by 5.5%, or 43.43 points, to end at 837.43.In economic news, South Korea sold 1.7 billion euros through euro-denominated foreign exchange stabilization bonds at record-low spreads for both three- and seven-year maturities, following its U.S. dollar bond issuance in February 2025, the finance ministry said in a Thursday release.The issuance comprised 700 million euros of three-year notes and one billion euros of seven-year notes, the release said.The offering marked the country's largest-ever euro-denominated foreign exchange stabilization bond issuance, establishing a new benchmark for Korean euro bonds. The 1 billion-euro seven-year tranche was also the largest single-tranche euro bond issued by South Korea, surpassing the previous record set in 2014.On the corporate front, chipmaker SK Hynix (KRX:000660) raised about $26.5 billion from its initial public offering on the Nasdaq, marking the largest-ever US listing by an overseas firm.The chipmaker began offering about 177.9 million American depositary shares priced at $149 per ADS, according to a prospectus filed Monday.The ADRs are set to debut on Friday, July 10.Bank of America, JPMorgan, Citi, and Goldman Sachs are leading the offering.The chipmaker plans to use the proceeds to boost its chip production capacity, including building new chip fabrication plants in South Korea and buying advanced extreme ultraviolet (EUV) lithography machines.Shares of the company rose nearly 1% at market close.In other news, HD Korea Shipbuilding & Offshore Engineering (KRX:009540) won an order for six product carrier vessels from a shipper in the Middle East, according to a Friday filing with the Korean Exchange.The deal is valued at 469.9 billion won. The shipbuilder will deliver the product carrier vessels by June 30, 2029.Shares of the shipbuilder added over 4% at market close.

^KOSDAQKOSPIKRX:000660KRX:005930KRX:009540
International

Market Chatter: South Korea's National Pension Service's Stock Holdings Valuation Jumps by KRW200 Trillion in Q2

The stock holdings valuation of South Korea's National Pension Service (NPS) jumped by 200 trillion won in the second quarter, owing to the primary index Korea Composite Stock Price Index's (Kospi) prolonged rally, Pulse News reported Wednesday, citing financial data provider FnGuide.The value of the NPS' stakes of at least 5% in 270 listed firms increased to 486.01 trillion won as of Monday, July 6, from 296.44 trillion won in March-end, indicating a gain of 63.9%. The increase surpassed the Q1 gain by over 100 trillion won, the report said.Holdings in Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) accounted for about 151 trillion won, or nearly 80%, of the total gain, according to the report.Shares of SK Hynix jumped nearly 6% at market close.(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.)

^KOSDAQKOSPIKRX:000660KRX:005930
IMF Lifts South Korea's 2026 Growth Forecast on Chip Demand, China Outlook Upgraded
US Markets

IMF Lifts South Korea's 2026 Growth Forecast on Chip Demand, China Outlook Upgraded

The International Monetary Fund raised its 2026 growth forecasts for South Korea and China, citing strong external demand for semiconductors and rebalancing in the Chinese economy, even as the fallout from the Middle East war continues to weigh on the region.In its July World Economic Outlook update published late Wednesday, the IMF said South Korea's economy is expected to grow 2.6% in 2026, up 0.7 percentage points from the April forecast, with growth "buoyed by strong external demand for semiconductors, which dominates the negative impact of the war."Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) dominate the local semiconductor sector in South Korea.The 2027 growth estimate for the country was raised 0.4 percentage points to 2.5%. The IMF noted that South Korea's first-quarter growth came in at 7.5%, more than four times the 1.8% pace projected in April.The fund said the first-quarter growth was powered by a semiconductor and AI-hardware export boom, despite the country's "heavy reliance on imported energy from the Middle East."Meanwhile, China's 2026 growth forecast was raised to 4.6%, up 0.2 percentage point from April, with the IMF citing efforts toward domestic rebalancing. However, it noted that higher global oil prices, protracted uncertainty and structural headwinds are expected to weigh on activity in China.Inflation in China is expected "to rise from low levels," the IMF said.The 2027 GDP growth estimate was raised 0.1 percentage point to 4.1%. China's economy expanded 8.1% in the first quarter, beating expectations on front-loaded infrastructure investment and a surge in high-tech manufacturing and exports, even as domestic consumption stayed soft, the IMF said.Elsewhere, India's 2026 growth forecast was cut to 6.4% from the April outlook of 6.5%, even as the IMF said the country remains among the fastest-growing major economies, supported by strong momentum in private consumption and services activity.The 2027 estimate was raised 0.2 percentage points to 6.7%.Japan's 2026 forecast was trimmed 0.1 percentage point to 0.6%, with fiscal support measures partly cushioning the impact of higher energy prices. The 2027 forecast was raised 0.1 percentage point to 0.7% as the energy shock fades.Japan's first-quarter growth came in at 1.8%, beating expectations on net trade, exports and a pickup in private consumption.The IMF expects core inflation in Japan to return to target gradually by the end of 2027.The fund's 2026 growth forecast for the five ASEAN countries -- Indonesia, Malaysia, the Philippines, Singapore and Thailand -- was unchanged at 4.1%, while the 2027 estimate was cut 0.1 percentage point to 4.3%.Within the group, Malaysia's 2026 forecast held steady at 4.7% on data-center activity and the upturn in the global technology cycle, while Thailand's was raised 0.4 percentage point to 1.9% on emergency fiscal measures and technology-related exports and investment.The IMF identified Taiwan, South Korea, Thailand and Malaysia as the top four net exporters of AI-related hardware, noting their average seasonally adjusted annualized suprise growth of 4.4 percentage points, against the 0.3 percentage point drop for the rest of the world.Overall, the IMF said, "Risks to the outlook are more balanced than in April but still tilted to the downside.""The possibility of renewed Middle East conflict looms large and could extend commodity price volatility, further threaten supply chains, raise prices, and weigh on financial conditions."

^BSE^JKSEFTSE Bursa Malaysia KLCI^KOSDAQKOSPINikkei 225^NSENifty 50^PSEI^SETShanghai Composite^STI^SZSEKRX:000660KRX:005930
Japan

Singapore Shares Open Flat as Investors Await Fed Minutes

Singapore shares opened flat on Wednesday, tracking overnight losses on Wall Street as market participants remained cautious about the momentum of the AI-driven rally and awaited fresh signals from the U.S. Federal Reserve.The STI, a key benchmark for the Singapore Exchange, rose marginally in early trade by 0.02%, or 1.11 points, to open at 5,343.360.Sentiment remained subdued after the tech-heavy Nasdaq Composite led overnight losses on Wall Street, declining 1.16% as semiconductor stocks came under pressure despite stronger-than-expected earnings from South Korean chipmaker Samsung Electronics (KRX:005930). The broader S&P 500 slipped 0.45%, while the Dow Jones Industrial Average fell 0.25% at market close on Tuesday.Investors are awaiting the release of the Federal Reserve's June meeting minutes on Wednesday, the first chaired by Kevin Warsh, for additional insight into the interest rate outlook ahead of the Federal Open Market Committee's (FOMC) July 28-29 policy meeting.

^STIKRX:005930
Asia

Market Chatter: Samsung Electronics' Q2 Profit Forecast to Surge 18-Fold on AI Memory Boom

Samsung Electronics (KRX:005930) is projected to report a near 18-fold year-over-year surge in second-quarter operating profit to 86 trillion won from 4.7 trillion won a year earlier, driven by an AI memory boom, Reuters reported Monday.The forecast, based on an LSEG SmartEstimate of forecasts from 30 analysts, would mark a third straight quarterly record for the company as AI-driven memory shortages push chip prices higher, the report said.Analysts expect supply constraints to persist into 2027, supported by strong demand for HBM as well as conventional DRAM and NAND chips, Reuters said.Samsung Electronics did not immediately respond to' request for a comment.(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.)

KRX:005930
Asia

South Korean Shares Jump on Bargain-Hunting, Chip Stock Gains

South Korean shares closed sharply higher on Friday as investors took to bargain-hunting after Thursday's 8% plunge in the country's primary index. Major market bigwigs Samsung Electronics (KRX:005930), SK Hynix (KRX:000660), and LG Energy Solution (KRX:373220) added 8%, 11%, and over 2%, respectively, at market close.The benchmark Korea Composite Stock Price Index, or Kospi, rose by 5.8%, or 440.25 points, to close at 8,088.34. The Kosdaq, also increased by 0.2%, or 1.69 points, to end at 868.41.In economic news, South Korea's economy is expected to accelerate to 2.6% in 2026 from 1% in 2025, supported by consumption, fiscal stimulus, and strong chip exports, the Organisation for Economic Co-operation and Development (OECD) said in a Thursday release.Inflation is projected to rise to 2.6% in 2026 from 2.1% in 2025, due to higher energy prices before easing to 2.2% in 2027.Strong chip exports supported South Korea's growth despite Middle East-related setbacks, while fiscal and monetary stimulus boosted consumption. The OECD said strengthening the fiscal framework, including further pension reform and rules-based expenditure, will help ensure long-term sustainability, according to the release.On the corporate front, Celltrion (KRX:068270) posted second-quarter sales of 1.3 trillion won, up 35% from 961.5 billion won a year earlier, according to a Friday filing with the Korea Exchange.The South Korean biopharmaceutical company's operating income jumped 77% year over year to 430 billion won from 242.5 billion won, the filing said.Shares of Celltrion rose nearly 4% at market close.

^KOSDAQKOSPIKRX:000660KRX:005930KRX:068270KRX:373220
Samsung, SK Hynix Lead KRW 392 Trillion Investment in South Korea's Chungcheong Region
US Markets

Samsung, SK Hynix Lead KRW 392 Trillion Investment in South Korea's Chungcheong Region

Samsung Electronics (KRX:005930), SK Hynix (KRX:000660) and Celltrion (KRX:068270) have pledged a combined 392 trillion won ($254 billion) to build a tech and biotech hub in South Korea's Chungcheong region.South Korea's Ministry of Trade, Industry and Energy announced the plans at a Thursday briefing held at Samsung Display's Asan campus.The event, which coincided with the first glass substrate delivery for Samsung Display's 8.6-generation OLED production line, follows the government's mega-projects briefing last week, where the ministry also announced a 550 trillion won project in cooperation with the government, Samsung, SK Hynix and Naver (KRX:035420).At the latest event, Samsung outlined a 140 trillion-won plan to transform Chungcheong into "a hub for materials and components."Through Samsung Display, the group plans to expand high-value-added OLED lines in Asan for smartphones, IT devices, XR, automotive and humanoid and wearable applications, according to a separate press release from Samsung.The company will also build an HBM manufacturing base with five fab lines in Onyang, plus expanded facilities in Cheonan.Samsung expects the plan to create 250,000 jobs.Separately, SK Hynix CEO Kwak Noh-Jung said the company will invest a total of 100 trillion won in Cheongju, of which 80 trillion won will be spent on M17 NAND production and 20 trillion won for P&T7 advanced packaging.P&T7 is targeted for completion by the end of 2027, while M17 construction is expected to begin next year, with operations slated to start in the first half of 2029.Kwak cited an increasing demand for enterprise SSDs and NAND flash memory tied to the adoption of AI services as the reason for the expansion.SK Group separately plans to build a 1-gigawatt AI data center in the Chungcheong region as part of a push to build a total of 15 GW of AI data center capacity across the country.Meanwhile, biopharmaceutical company Celltrion (KRX:068270) will also invest 2 trillion won in biopharmaceutical production facilities within Chungcheong, according to the ministry.The planned facility will manufacture pre-filled syringes, with plans to boost production capacity by 50 million syringes, raising Celltrion's total annual capacity in the region to 70 million syringes, Korea JoongAng Daily reported, citing the event.The ministry also hinted that other companies have earmarked about 150 trillion won in the region.

KRX:000660KRX:005930KRX:035420KRX:068270
Japan Taps SoftBank-Backed Noetra for AI Push Worth Up to 1 Trillion Yen
US Markets

Japan Taps SoftBank-Backed Noetra for AI Push Worth Up to 1 Trillion Yen

Japan's government has selected a SoftBank Corp.-backed (TYO:9434) consortium to lead a national effort to develop a homegrown artificial intelligence model, with total government investment poised to reach 1 trillion yen over five years.The Ministry of Economy, Trade and Industry (METI) and the New Energy and Industrial Technology Development Organization (NEDO) named Noetra Inc. and the National Institute of Advanced Industrial Science and Technology (AIST) as the implementers of its "Multimodal Platform Model Development Project for AI Robots and Physical AI," according to a press release on Tuesday.It follows a review of 15 proposals submitted during a public tender that ran from March 24 to April 22.The project spans fiscal years 2026 through 2030, with contracts initially signed for the first two years and continuation subject to an annual stage-gate review, NEDO said.Under the arrangement, Noetra will develop and supply "an internationally competitive" multimodal platform model while taking into account the needs of Japanese model development and utilization.AIST will work with domestic and international research institutions to carry out advanced technological development and contribute to the development of what METI described as "a future-oriented, competitive platform model."The AI model is expected to handle a range of data, including language, audio, images, videos, sensor data, and more.The government has already earmarked 387.3 billion yen for the program in its fiscal 2026 budget, funded through GX Economy Transition Bonds, according to METI's budget outline published in April.Noetra is a joint project led by SoftBank Corp., the telecommunications and internet subsidiary of SoftBank Group (TYO:9984). It counts NEC Corp. (TYO:6701), Honda Motor (TYO:7267), Sony Group (TYO:6758), Mitsubishi UFJ Financial Group (TYO:8306), Sumitomo Mitsui Financial (TYO:8316), Mizuho Financial Group (TYO:8411), Nippon Steel (TYO:5401) and Kobe Steel (TYO:5406) as partners.Back in April, METI disclosed its ambition for Japan to capture 30%, or 20 trillion yen, of the global AI robotics market by 2040.The announcement comes amid a broader rally in Japanese AI-linked stocks that pushed the Nikkei 225 to its sharpest quarterly increase on record as of Tuesday. SoftBank Group recently overtook Toyota Motor (TYO:7203) as Japan's most valuable listed company.The Japanese initiative follows a similar push from neighboring South Korea, which also unveiled plans to build semiconductor facilities and AI data centers on Monday, enlisting chipmaker SK Hynix (KRX:000660), Samsung Electronics (KRX:005930) and internet firm Naver (KRX:035420).

Nikkei 225KRX:000660KRX:005930KRX:035420TYO:5401TYO:5406TYO:6701TYO:6758TYO:7203TYO:7267TYO:8306TYO:8316TYO:8411TYO:9434TYO:9984
Asia

South Korean Shares Close Higher on Overnight Wall Street Gains, Potential US-Iran Negotiations Ahead

South Korean shares closed higher on Tuesday, in line with overnight gains on Wall Street after the US and Iran agreed to cease attacks in and around the Strait of Hormuz and are expected to hold talks in Qatar.The benchmark Korea Composite Stock Price Index, or Kospi, rose by 1%, or 81.83 points, to close at 8,476.48. The Kosdaq, however, fell by 0.5%, or 4.39 points, to end at 916.18.Wall Street rebounded on Monday amid a rally of technology stocks. The Dow Jones Industrial Average added 0.59% to close at a record high, while the Nasdaq Composite rose 2.07%, and the S&P 500 increased 1.18%.U.S. President Donald Trump said U.S. and Iranian officials will meet in Qatar on Tuesday after Tehran "requested" talks following days of reciprocal attacks that strained their interim agreement, according to AL Jazeera.However, Iran's Foreign Ministry denied any scheduled meeting with the US but said that it will send a special delegation to Doha to secure the release of frozen assets.On the corporate front, Samsung Group and SK Group announced investment plans totaling 2,655 trillion won and 1,100 trillion won, respectively, to build regional semiconductor hubs and nationwide AI infrastructure, according to statements from the firms on Monday.Samsung Electronics (KRX:005930) plans to invest 2,030 trillion won in semiconductor clusters, which comprise the Pyeongtaek Campus and Yongin National Industrial Complex, while allocating 625 trillion won to projects in the Honam, Chungcheong and Yeongnam regions. These will focus on AI chips, robots, batteries, and IT components.Of that regional allocation, 425 trillion won will be concentrated in the Honam region, where Samsung Electronics will deploy 400 trillion won to build a new semiconductor fabrication plant and a digital-twin-based innovation hub in Gwangju.Meanwhile, chipmaker SK Hynix (KRX:000660) will invest 1,100 trillion won to build an AI memory production network across Yongin, Cheongju and southwestern Korea. The company aims to complete the fourth fab at its Yongin Semiconductor Cluster by 2033, 12 years ahead of schedule, with total investment in the semiconductor cluster expected to hit 600 trillion won.Alongside these corporate investments, South Korea unveiled a 550 trillion won joint private-public initiative involving internet firm Naver (KRX:035420) to build 8.4 gigawatts of AI data center capacity by 2029.Naver did not immediately respond to' request for comment.Shares of Samsung Electronics added 4% at market close, those of SK Hynix added 2%, while those of Naver fell over 2%.In other news, Samsung Electro-Mechanics (KRX:009150) secured a supply agreement for multi-layer ceramic capacitors (MLCC) from an undisclosed client, according to a Monday filing with the Korea Exchange.The contract, valued at 454 billion won, is valid till Dec. 31, 2027.Shares of Samsung Electro-Mechanics rose nearly 8% at market close.

^KOSDAQKOSPIKRX:000660KRX:005930KRX:009150KRX:035420
South Korea Enlists Samsung, SK Hynix, Naver in Multitrillion-Won AI, Chip Investment Plan
US Markets

South Korea Enlists Samsung, SK Hynix, Naver in Multitrillion-Won AI, Chip Investment Plan

South Korea has announced plans to build semiconductor facilities and artificial intelligence (AI) data centers, enlisting chipmaker SK Hynix (KRX:000660), Samsung Electronics (KRX:005930) and internet firm Naver (KRX:035420).As part of the national strategy, a 550 trillion won project will be launched in cooperation with the government, SK, conglomerate GS Group and Naver to build an initial 8.4 gigawatt AI data center capacity by 2029.The government plans to expand this framework to 15GW by 2035 as part of its Phase 2 project with SK.SK Group announced its own 1,100 trillion won investment to establish a semiconductor production belt linking the cities of Yongin and Cheongju with the country's southwestern region, while its broader AI infrastructure push is projected to drive an additional 1,000 trillion won in investment.These initiatives align with SK's ongoing project in Ulsan, where it is building an AI data center in partnership with Amazon Web Services (AWS) that is slated to begin operations in 2027. Another next-generation AI data center is also planned in collaboration with Nvidia.Meanwhile, Samsung plans to invest 2,655 trillion won to develop advanced semiconductor clusters. These will be located at its Pyeongtaek Campus and the Yongin National Industrial Complex, as well as across the Honam, Chungcheong, and Yeongnam regions.Within the Honam region, Gwangju is being considered as a prime candidate for one of Samsung's major semiconductor hubs outside of the Seoul metropolitan area as the city offers attractive incentives.Samsung also plans to build a digital twin-based innovation hub factory for smart home appliances in Gwangju. Additionally, the company will invest 56 trillion won to build high-bandwidth memory fabs in Cheonan and Onyang.The plans are part of the government's goal for South Korea to become a global leader in physical AI by 2030. The government seeks to establish a comprehensive data management system, considering the next three years as a "golden time" to determine the trajectory of the country in the physical AI industry.

^KOSDAQKOSPIKRX:000660KRX:005930KRX:035420
Asia

Samsung, SK Group to Invest KRW3,755 Trillion in Future Tech, AI, Chip Clusters

Samsung Group and SK Group announced investment plans totaling 2,655 trillion won and 1,100 trillion won, respectively, to build regional semiconductor hubs and nationwide AI infrastructure, according to statements from the firms on Monday.Samsung Electronics (KRX:005930) plans to invest 2,030 trillion won in semiconductor clusters, which comprise the Pyeongtaek Campus and Yongin National Industrial Complex, while allocating 625 trillion won to projects in the Honam, Chungcheong and Yeongnam regions. These will focus on AI chips, robots, batteries, and IT components.Of that regional allocation, 425 trillion won will be concentrated in the Honam region, where Samsung Electronics will deploy 400 trillion won to build a new semiconductor fabrication plant and a digital-twin-based innovation hub in Gwangju.Meanwhile, chipmaker SK Hynix (KRX:000660) will invest 1,100 trillion won to build an AI memory production network across Yongin, Cheongju and southwestern Korea. The company aims to complete the fourth fab at its Yongin Semiconductor Cluster by 2033, 12 years ahead of schedule, with total investment in the semiconductor cluster expected to hit 600 trillion won.Alongside these corporate investments, South Korea unveiled a 550 trillion won joint private-public initiative involving internet firm Naver (KRX:035420) to build 8.4 gigawatts of AI data center capacity by 2029.Naver did not immediately respond to' request for comment.Shares of Samsung Electronics added nearly 2% in recent trade, while those of Naver fell over 1%, and those of SK Hynix declined marginally.

KRX:000660KRX:005930KRX:035420
Asia

Samsung, SK Group to Invest KRW3,755 Trillion in Future Tech, AI, Chip Clusters

Samsung Group and SK Group announced investment plans totaling 2,655 trillion won and 1,100 trillion won, respectively, to build regional semiconductor hubs and nationwide AI infrastructure, according to statements from the firms on Monday.Samsung Electronics (KRX:005930) plans to invest 2,030 trillion won in semiconductor clusters, which comprise the Pyeongtaek Campus and Yongin National Industrial Complex, while allocating 625 trillion won to projects in the Honam, Chungcheong and Yeongnam regions. These will focus on AI chips, robots, batteries, and IT components.Of that regional allocation, 425 trillion won will be concentrated in the Honam region, where Samsung Electronics will deploy 400 trillion won to build a new semiconductor fabrication plant and a digital-twin-based innovation hub in Gwangju.Meanwhile, chipmaker SK Hynix (KRX:000660) will invest 1,100 trillion won to build an AI memory production network across Yongin, Cheongju and southwestern Korea. The company aims to complete the fourth fab at its Yongin Semiconductor Cluster by 2033, 12 years ahead of schedule, with total investment in the semiconductor cluster expected to hit 600 trillion won.Alongside these corporate investments, South Korea unveiled a 550 trillion won joint private-public initiative involving internet firm Naver (KRX:035420) to build 8.4 gigawatts of AI data center capacity by 2029, Bloomberg reported Monday.Naver did not immediately respond to' request for comment.Shares of Samsung Electronics added nearly 2% in recent trade, while those of Naver fell over 1%, and those of SK Hynix declined marginally.

KRX:000660KRX:005930KRX:035420
Asia

Samsung, SK Group Plan Massive Long-Term AI Memory-Led Investments in South Korea

Samsung Electronics (KRX:005930), SK Hynix (KRX:000660), and SK Telecom (KRX:017670) plan to invest massively across South Korea to meet the increasing demand for AI memory around the globe, according to several filings with the Korea Exchange and a press release by SK Hynix on Monday.Samsung Electronics plans to invest about 2,450 trillion won by December 2040, including 2,100 trillion won in semiconductors, to expand chip clusters in Yongin and Gwangju, build HBM fabs in Cheonan and Onyang, and establish a humanoid robot production line in Gumi, the chipmaker said in a Monday filing with the Korea Exchange.SK Hynix plans to invest 1,100 trillion won, which includes 600 trillion won in investments in the Yongin Semiconductor Cluster, 100 trillion won in Cheongju, and 400 trillion won to develop a new semiconductor cluster in the country's southwestern region, the chipmaker said in a Monday release.SK Hynix also aims to complete the fourth Yongin fab by 2033, which was previously scheduled to be completed by 2045.Finally, SK Telecom plans to develop 15 gigawatts of AI data center capacity in phases to meet the increasing AI infrastructure demand. The first phase targets 5 gigawatts of capacity from 2029, followed by an additional 10 gigawatts by 2035, conditional on market demand and progress of the project, the telecommunications firm said in a Monday filing with the Korea Exchange.Shares of Samsung Electronics fell nearly 5%, and SK Hynix shed 2% at market close.

KRX:000660KRX:005930KRX:017670
Asia Markets

South Korean Shares Close Slightly Lower on Tech Losses, Rising Oil Prices

South Korean shares closed slightly lower on Monday on losses made by heavyweight technology stocks Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660), shares of which fell by nearly 5% and 2%, respectively, at market close.Rising oil prices also put a strain on investor optimism amid the continued hostilities between the U.S. and Iran. Brent crude for August delivery traded at $73.21 a barrel as of 03:30 GMT, rising $1.27 higher from its level before the U.S. and Israel launched military action against Iran on Feb. 28.The benchmark Korea Composite Stock Price Index, or Kospi, marginally declined by 0.2%, or 16.56 points, to close at 8,394.65. The Kosdaq, however, rose by 8.1%, or 69.2 points, to end at 920.57.On the corporate front, the labor union of Samsung Biologics (KRX:207940) on Sunday voted to exit the Samsung Group federation, with an aim to alter the union's organizational structure, Pulse News reported Monday.The union conducted a vote from June 24 to June 28, with 2,392 of 2,479 participating members, or 96.5%, backing the proposal to quit the group federation. The proposal required a majority turnout and approval from at least two-thirds of participating members to pass, according to the report.Responding to, Samsung Biologics said the union's withdrawal from the super‑union is expected to have minimal impact, adding discussions on scheduling proposals remain ongoing, and it remains committed to operational stability and minimizing any effect on client projects.Shares of the company jumped nearly 8% at market close.In other news, HD Korea Shipbuilding & Offshore Engineering (KRX:009540) won an order for two liquefied petroleum gas (LPG) carriers from an Asia-based shipper, according to a Monday filing with the Korean Exchange.The deal is valued at 366 billion won. The shipbuilder will deliver the vessels by Dec. 31, 2029.Shares of HD Korea Shipbuilding rose over 6% at market close.

^KOSDAQKOSPIKRX:000660KRX:005930KRX:009540KRX:207940
Asia

Correction: Market Chatter: Samsung, SK Group to Invest KRW2,000 Trillion Over 10 Years to Boost Industry

(Corrects to clarify that neither company immediately responded to' request for comment)Samsung Group and SK Group plan to invest 2,000 trillion won over the next 10 years under President Lee Jae Myung's flagship industrial strategy, the Korea Economic Daily reported Monday.The two groups will unveil their plans at the presidential office later in the day, the report said.The industry, science, land, and energy ministries also plan to announce support measures, which comprise plans to secure the power and water supplies required for the proposed technology facilities, according to a Yonhap News report on Monday.Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) are expected to build four to five semiconductor fabrication plants each in the Gwangju area, while the former plans to construct additional chip packaging facilities in South Chungcheong Province, and the latter will add to its NAND production plants in the North Chungcheong Province, the report said.Samsung Biologics and SK Hynix did not immediately reply to' request for comment.Shares of Samsung Electronics fell more than 5% in recent trade, while those of SK Hynix declined over 4%.(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.)

KRX:000660KRX:005930
Asia

Update: Market Chatter: Samsung, SK Group to Invest KRW2,000 Trillion Over 10 Years to Boost Industry

(Updates to add comment from Samsung Group)Samsung Group and SK Group plan to invest 2,000 trillion won over the next 10 years under President Lee Jae Myung's flagship industrial strategy, the Korea Economic Daily reported Monday.The two groups will unveil their plans at the presidential office later in the day, the report said.The industry, science, land, and energy ministries also plan to announce support measures, which comprise plans to secure the power and water supplies required for the proposed technology facilities, according to a Yonhap News report on Monday.Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) are expected to build four to five semiconductor fabrication plants each in the Gwangju area, while the former plans to construct additional chip packaging facilities in South Chungcheong Province, and the latter will add to its NAND production plants in the North Chungcheong Province, the report said.Responding to, Samsung Biologics said the union's withdrawal from the super‑union is expected to have minimal impact, adding discussions on scheduling proposals remain ongoing and it remains committed to operational stability and minimizing any effect on client projects.Meanwhile, SK Hynix did not immediately reply to' request for comment.Shares of Samsung Electronics fell more than 5% in recent trade, while those of SK Hynix declined over 4%.(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.)

KRX:000660KRX:005930

Showing 41-60 of 166

Track with the FINWIRES app suite

FolioX
FolioX
Track Samsung Electronics in your portfolio
WheelAI
WheelAI
Analyze Samsung Electronics options with the wheel strategy
StockInsider
StockInsider
See market sentiment on Samsung Electronics