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Draining chip demand encourages SK hynix to sell water facilities

SK hynix plans to sell off its water treatment facilities to secure an estimated 1 trillion won ($766 million) in the face of deteriorating...
Business

U.S. Chips Act offers some comfort to Korean chip makers

Samsung Electronics and SK hynix will be able to maintain and upgrade their manufacturing facilities in China — albeit marginally — even after the...
Business

Seoul shares open lower on dim U.S. tech earnings, Fed uncertainties

Stocks opened lower Friday, weighed by lackluster earnings and forecasts from major U.S. tech companies, with uncertainties hanging over the Federal Reserve's next move...
Business

Korea chipmaker stocks fall after new U.S. rules and on other concerns

Samsung Electronics' booth at a semiconductor exhibition held at COEX in Seoul on Oct. 5. Chip stocks in Korea fell following an...
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