Search results for Semiconductors
Industry
SKC Q2 operating loss of 14.4 billion won narrows 79 percent year-on-year
SKC posted second-quarter sales of 645.4 billion won and an operating loss of 14.4 billion won, it said on Sunday. Sales rose 38.3 percent from a year earlier and the operating loss narrowed 79.0 percent. EBITDA was 29.1 billion won, about triple the previous quarter, remaining positive for a second quarter. The company completed a 1.16 trillion won rights issue and said net debt and leverage fell sharply.
AI & Enterprise
MSIT to work with AMD on AI chips, help Korean NPUs expand globally
South Korea\'s Ministry of Science and ICT will cooperate with AMD to expand the domestic AI semiconductor ecosystem, including linking AMD CPUs and GPUs with Korean NPUs to build and test heterogeneous AI computing infrastructure. The ministry said it signed an MOU with AMD in San Francisco. The sides also plan cooperation in AI-based scientific research through NAIS. AMD plans to set up an AI Center of Excellence in South Korea and support university programs and joint research.
AI & Enterprise
DeepSeek halts second fundraising after leak of founder\'s private remarks
China AI company DeepSeek has temporarily halted its second fundraising round after private remarks by founder Liang Wenfeng spread outside the company. The firm told some investors it would not proceed with contract signings for the time being, a blockchain outlet reported. DeepSeek had moved to a follow-on round only weeks after completing a first raise in June, seeking at least 10 billion yuan and valuing the company at at least 480 billion yuan.
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AI & Enterprise
LG CNS joins global AI materials alliance, backs AX for South Korean firms
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Industry
South Korea science ministry breaks ground on Korea New Light Accelerator, aims for 2029 completion
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Finance
KB Financial to expand investment in advanced industries with 150 billion won unicorn fund
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Industry
Apple eyes CXMT but capacity already near full, raising doubts over memory talks
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Finance
Korean stock volatility drives retail investors back to U.S. markets
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Finance
Korea stocks outlook: KOSPI loses momentum as FOMC, chipmakers and Big Tech earnings in focus
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Industry
SK $500 billion, Samsung $200 billion: global AI deals unveiled
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AI & Enterprise
Sam Altman backs South Korea\'s \'AI for all\' vision, says infrastructure role is key
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AI & Enterprise
South Korea forms $9,500 billion AI alliance with global big tech, seeks 5 GW AI data centres
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Industry
Samsung Electronics to supply 2nm foundry and HBM to Broadcom
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Industry
South Korea\'s President Lee, business leaders meet in San Francisco to reshape AI supply chain
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Industry
South Korea says U.S. sets 12.5% \'forced labor\' tariff; next is overproduction
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AI & Enterprise
DeepSeek founder says China can end Nvidia dependence within a year
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AI & Enterprise
Akamai Korea targets public sector security with zero trust, micro-segmentation
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AI & Enterprise
Intel posts fastest revenue growth in 15 years on AI demand