Search results for Supercycle
Crypto
Bitcoin surges as tech stocks stall, driving short liquidations
Bitcoin jumped to the $69,000 range, triggering forced liquidations of $1.22 billion in short positions in just 1 hour, the report said. Ether broke above $2,000 and solana rose 11.52 percent to $85.41. CoinGlass data showed $1.46 billion in positions across 111,060 traders were liquidated over 24 hours, led by bitcoin. Market participants also pointed to a divergence between weaker AI-related stocks and stronger crypto prices.
Industry
LS Q2 operating profit 595.6 billion won, up 153 percent year on year
LS said on Thursday its second-quarter operating profit rose 153 percent from a year earlier to 595.6 billion won, while revenue climbed 40 percent to 11.02 trillion won, both record highs for a quarter. First-half operating profit totalled 1.07 trillion won, exceeding last year’s full-year result, with revenue up 39 percent to 20.53 trillion won. The company cited AI data centre expansion and power-grid replacement projects.
Telecommunications & Media
Nokia says AI-RAN is reality as it speeds network-AI integration
Nokia unveiled AI-RAN, AI-based network operations and next-generation optical communications technologies aimed at responding to the spread of AI services. Nokia Korea held its Amplify Korea 2026 event in Seoul, where it shared network technology and market trends for the AI era with domestic telecom operators and enterprise customers. Executives highlighted AI-driven demand for intelligent, scalable and automated networks and demonstrated optical networking for AI data centres and cloud connections.
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Industry
MSIT to draw up five-year national R&D investment strategy, holds public hearing
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Industry
Samsung strategy meeting shifts from crisis response to AI-native push
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Industry
Semiconductor talent war enters new phase amid bonus disputes
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Finance
SK Hynix overtakes Samsung Elec to become KOSPI top by market cap for first time in 26 years
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Industry
Semiconductors, defense, shipbuilding and power equipment to drive South Korean exports in second half
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Finance
Mirae Asset to launch leveraged ETFs tracking Samsung Electronics, SK Hynix
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Industry
IT device shrinkflation intensifies as prices rise and capacity halves
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Industry
Justem secures 30 billion won semiconductor policy funding from KDB
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Industry
Shinsung E&G posts 2.2 billion won Q1 operating loss, down 57.4 percent year on year
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Crypto
Crypto veteran says bitcoin unlikely to hit new high in 2026, sees true bottom at $50,000
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Finance
Shinhan Financial publishes report on conditions for KOSPI structural shift
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Industry
Memory big two poised for Q1 earnings surprise, step up business overhaul
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AI & Enterprise
AI startup Cognichip draws investment to cut chip design time
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Finance
Samsung Electronics and SK Hynix hit record highs at 200,000 and 1 million won
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Industry
Justem posts 4.6 billion won operating profit in 2025, returns to profit