Industry

European semiconductor technology firms turn to South Korea

European semiconductor technology firms are opting for South Korea as a testing ground as they lack a domestic base for mass-production verification. Samsung Electronics and SK Hynix’s cutting-edge lines are emerging as an alternative, shifting South Korea from an equipment-import market to a partner in joint technology development. Structural limits in Europe and tougher access to the U.S. and China are also cited as drivers.

Finance

Brokerages revive cash promotions, but only for domestic stocks

South Korean securities firms are again offering marketing incentives that had faded after financial regulators warned late last year about excessive overseas investment. Brokerages are now targeting domestic stock investors with cash payments, coupons and fee waivers. Firms have ended foreign-stock promotions early while rolling out local-stock events. The shift comes after policy moves to encourage domestic investment and amid record highs in the KOSPI, though the long-term impact is uncertain.