South Korea’s economy is booming on demand for artificial intelligence (AI) chips, with nominal GDP growing 21.9% in the first half of 2026.
Almost 70% of that expansion comes from semiconductors alone.
How the AI Chip Boom Is Powering South...
If you’re fascinated enough by Apple’s new folding iPhone to splash $2,000, Samsung would actually be getting a $250 cut from the purchase. Not some third-party hardware producers, but the company itself.
The intel comes from a Chinese leaker on...
South Korea’s KOSPI dipped toward 6,920 early Thursday before recovering to 7,058.06, up 0.09% on the day. The swing came as the Bank of Korea (BOK) said the index’s daily volatility this year is the widest of any major market.
The BOK measured...
iPhone owners are switching to Samsung’s foldables at a record clip, the company said.
The iOS switching rate to its Galaxy Z Fold8 series was 1.6 times that of last year’s Fold7 and Flip7. Apple entered the foldable market the same week, under new...
Samsung Electronics and SK Hynix climbed alongside a broader South Korean rally Tuesday, even as futures pointed toward a weaker Wall Street open following the Labor Day Weekend.
Wall Street reopens Tuesday after the holiday to a tougher macro...
South Korea’s KOSPI index would need to climb roughly 74% to reach the level Goldman Sachs strategist Timothy Moe still expects. He is holding a 12,000 target set before the index lost a quarter of its value.
Moe, the bank’s chief Asia Pacific...
Apple will hold its first major product keynote under new chief executive John Ternus on September 9. A foldable iPhone is expected to headline the event at Apple Park in Cupertino.
Tim Cook became Apple’s executive chairman on September 1, and...
South Korea’s Kospi closed at 6,835.8 points on Tuesday, up 0.23%, as buyback-driven gains in Samsung Electronics and SK Hynix offset net selling from foreign, institutional, and retail investors alike.
The index marked its second straight gain,...
The post KOSPI Index Rises 0.33% as AI Chip Demand Boosts South Korean Exports appeared first on Coinpedia Fintech News
South Korean shares rose Tuesday, with the KOSPI gaining 0.33% as strong export growth and robust AI-related semiconductor demand...
