Kim Dong-seon will buy Hanwha M&S common shares through a tender offer for 16.06 million shares, the company said on Sunday. The offer runs for 22 days through Nov. 2 and targets existing shareholders. The purchase price is 8,000 won per share, a premium to the previous close and the recent one-month average price. About 128.5 billion won of Kim\'s personal funds will be used.

As AI chips grow in area, investment is starting at home and abroad to switch packaging bases from round wafers to large square substrates. Using square panels can process 5 to 6 times more chips at once than wafers, raising area utilisation to 87 percent from 57 percent. Competition is also intensifying between Taiwan and South Korean companies over panel-level packaging, a process that reassembles cut chips on a panel and builds moulding and redistribution layers.