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Industry

Samsung Electronics, SK Hynix DRAM operating margin nears 80 percent as memory boom holds firm

Samsung Electronics and SK Hynix are expected to post record quarterly results as their combined second-quarter operating profit nears 150 trillion won. Samsung reported preliminary operating profit of 89.4 trillion won, while SK Hynix is seen earning in the 60 trillion won range. Analysts estimate most of Samsung’s profit came from memory despite losses in non-memory units and large bonus provisions. Brokers expect memory supply tightness, HBM demand and AI-driven growth to support results.

Finance

FSC names 7 SME-focused brokerages to strengthen venture capital supply

South Korea\'s Financial Services Commission has designated seven securities firms as its sixth group of SME-focused financial investment companies to support funding for small and venture firms. The designation runs from July 10, 2026 to July 9, 2029. The FSC said it screened firms more strictly, focusing on capabilities and effects, and noted that designated firms have provided 17.9 trillion won in support over about 10 years.

Industry

K suppliers buzz as government, Samsung, SK Hynix unveil 800 trillion won plan for second chip cluster

South Korea\'s semiconductor materials, parts and equipment sector is drawing attention after the government, Samsung Electronics and SK Hynix unveiled an 800 trillion won investment plan for a second semiconductor cluster in the southwest. The government is pushing three mega projects centered on semiconductors, physical AI and AI data centers. It expects early benefits for infrastructure and process equipment orders and aims to link production in the southwest with supplier bases in the southeast and Daegyeong regions.