Semiconductors
Seoul stocks close slightly lower amid mixed signals on Iran war
Reported by AI Image generated by AI
South Korean stocks closed slightly lower Friday amid mixed US signals on its war with Iran and eased chip sector concerns. The benchmark KOSPI fell 0.4 percent to 5,438.87, while the won weakened against the dollar.
Toshiba announced it will begin negotiations with Mitsubishi Electric and Rohm to merge their power semiconductor businesses. The development signals potential consolidation among Japanese firms in the power chip sector.
Reported by AI
Seoul stocks opened lower on Thursday amid prospects for U.S.-Iran peace talks. The KOSPI fell 80.19 points, or 1.42 percent, to 5,562.02.
A team led by Wu Zhenping at Beijing University of Posts and Telecommunications has confirmed in Science Advances that kappa-gallium oxide exhibits stable ferroelectricity at room temperature, enabling it to store data like a memory device while serving as a high-power transmitter. This breakthrough could allow for smaller, more powerful military electronics in Chinese fighters, potentially leaving US F-22 radars two generations behind.
Reported by AI
Analysts maintain a buy rating on TSMC amid a recent correction in Asian semiconductor stocks. The company faces capacity constraints and geopolitical risks but benefits from strong demand in AI chips. Competitive pressures from Samsung and Intel are noted, yet TSMC's technological edge persists.
Chonnam National University is enhancing its support systems to attract and retain international students as part of a broader globalization push. President Lee Keun-bae announced plans to establish a dedicated Office of International Affairs this year to streamline services for its growing international community. The efforts focus on aligning with regional industries like AI and semiconductors.
Reported by AI
Meta has announced a multi-year partnership with AMD to purchase up to six gigawatts of custom AI chips, potentially gaining a 10% stake in the chipmaker through performance-based shares. The deal, valued in double-digit billions per gigawatt, aims to support Meta's expanding AI infrastructure across its platforms. This arrangement mirrors a similar agreement AMD made with OpenAI last year.
SK hynix begins steps for US stock market listing
March 22, 2026 21:23South Korea's exports jump 50.4% in first 20 days of March
March 19, 2026 19:56AMD CEO Lisa Su discusses AI ties with South Korean government, firms
March 18, 2026 16:44Micron Technology beats Q2 2026 earnings estimates
March 18, 2026 11:06SK Group chairman warns of RAM shortage until 2030
March 07, 2026 08:50Rohm shares surge most in 26 years on Denso bid
March 02, 2026 05:54Kospi's average daily trading volume exceeds 30 trillion won in February
February 28, 2026 09:50South Korea's February exports jump 29% to record high on chip demand
February 27, 2026 21:51Micron trades at low free cash flow yield in cyclical market
February 26, 2026 06:59South Korean investors pour millions into Chinese AI stocks