Yoolim Lee

Samsung Electronics Co.'s earnings surged after the semiconductor business returned to profitabilty for the first time since 2022, boosted by broad spending on artificial intelligence development.

Samsung Electronics Co. topped analyst earnings estimates after its semiconductor division returned to profitability , as companies like Microsoft

SK Hynix Inc. aims to begin mass production of its next-generation memory chip in the third quarter, seeking to capitalize on a surge in demand for the semiconductors essential to AI development.

(Bloomberg) -- Samsung Electronics Co. topped analyst earnings estimates after its semiconductor division returned to profitability, as companies like Microsoft Corp. and Alphabet Inc. led a surge in spending on artificial intelligence services.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With C

Naver Corp. , South Korea's biggest internet company, is reviewing options for its holding in the operator of Japan's most popular messaging app following pressure from Tokyo.

(Bloomberg) -- Naver Corp., South Korea’s biggest internet company, is reviewing options for its holding in the operator of Japan’s most popular messaging app following pressure from Tokyo.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaIn Jamie Dimon's America, the Stock Market H

Nippon Steel said Friday it has postponed the expected closing of its $14.1 billion takeover of U.S. Steel by three months after the U.S.

Coupang Inc.’s quarterly revenue rose 23%, helping the company remain profitable despite an influx of rivals into one of Asia’s most competitive markets.

AI chip designer DeepX Co. raised 110 billion won ($80 million) in a funding round that multiplied its valuation and was led by the private equity firm of a Samsung Electronics Co. veteran known as a semiconductor pioneer.

South Korea is preparing a program to provide more than 10 trillion won ($7.3 billion) to strengthen the country’s pivotal semiconductor industry, Finance Minister Choi Sang-mok said.