Yoolim Lee

Samsung Electronics Co. granted more responsibility to its chip business head just six months after the executive took the helm, a signal of the company’s resolve to catch SK Hynix Inc. in the AI market.

For Samsung Group, this has been a year of milestones. First, a rare public apology from its flagship Samsung Electronics Co., followed by a bumper share buyback. And now, South Korea’s biggest conglomerate has named a woman that’s not member of its founding family as chief executive officer of a group company for the first time in its 86 years.

SK Hynix Inc. plans to raise its dividend payout by 25% to roughly $2.1 billion from 2025 to 2027, reflecting the rapid growth it's undergone since staking out a lead in the market for AI memory chips.

The race to win the AI chip market is akin to Squid Game, quipped an industry insider during a lunch meeting recently. It’s intense. It’s dark at times. But in the end a big winner emerges in every segment of the supply chain. But first...

South Korean President Yoon Suk Yeol declared martial law late on Tuesday, accusing the opposition of trying to paralyze the administration. Here is the full text of Yoon’s televised speech.

Just before 10 p.m. on a near-freezing night in Seoul, rumors began circulating among reporters that South Korean President Yoon Suk Yeol planned a late-night announcement.

The conservative party of embattled South Korean President Yoon Suk Yeol faces a quandary: How do members distance themselves from an unpopular leader without handing a big win to their political opponents.

The conservative party of embattled South Korean President Yoon Suk Yeol faces a quandary: How do members distance themselves from an unpopular leader without handing a big win to their political opponents.

South Korea’s parliament voted to impeach President Yoon Suk Yeol for a short-lived imposition of martial law. The vote started a process that could take months to unfold.

South Korea's parliament passed a motion on Dec. 14 to impeach President Yoon Suk Yeol for a short-lived imposition of martial law that lawmakers judged violated the constitution.