Semiconductors
Kospi opens at fresh high on chip rally amid us-iran woes
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South Korean stocks opened at a fresh record high on Monday, boosted by semiconductor gains even as concerns mounted over a potential breakdown in the US-Iran peace deal.
Advanced Micro Devices posted first-quarter results that topped expectations, with revenue climbing 38 percent on robust server chip sales tied to artificial intelligence.
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Samsung Electronics' labor union announced on Friday that it will resume wage negotiations with management next week. The decision follows the breakdown of initial talks over bonuses and acceptance of government mediation requests. Unionized workers had threatened an 18-day general strike starting May 21.
China's GPU leaders Cambricon and MetaX reported strong first-quarter results driven by demand for local AI chips. Cambricon's revenue jumped 160 per cent year-on-year to 2.89 billion yuan (US$423 million), with profit soaring 185 per cent to 1 billion yuan. The Beijing-based firm attributed the growth to a 'sustained surge in the AI industry’s computing power demand'.
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Major Japanese auto parts maker Denso Corp has withdrawn its buyout proposal for semiconductor firm Rohm Co after failing to secure its support. Denso President Shinnosuke Hayashi announced the decision at a press conference in Nagoya. The company plans to further advance its current relationship with Rohm.
Hong Kong's Innovation, Technology and Industry Bureau aims to secure half of the HK$440 million (US$56.2 million) investment for a planned national innovation centre from the private sector. The centre in Yuen Long InnoPark sets ambitious targets to become self-sufficient in three years and profitable by its fifth year. It will be the first national manufacturing innovation centre outside mainland China, advancing artificial intelligence development.
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Chinese LED chipmaker Sanan Optoelectronics’ bid to buy Dutch firm Lumileds has collapsed due to opposition from the US Committee on Foreign Investment in the United States (CFIUS). On April 17, 2026, the parties submitted a letter withdrawing the filing and voluntarily abandoned the transaction. Sanan said the failed deal will not materially affect its finances or day-to-day operations.
Microchip technology holds q4 2026 earnings call
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Jumatatu, 4. Mwezi wa tano 2026, 16:40:29Lattice Semiconductor holds Q1 2026 earnings call
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Jumanne, 28. Mwezi wa nne 2026, 02:24:25Seoul stocks open lower on renewed AI concerns and rising oil prices
Jumatatu, 27. Mwezi wa nne 2026, 08:56:44Yuanjie Semiconductor’s Q1 profit soars 1,153% on AI demand
Jumatano, 22. Mwezi wa nne 2026, 13:05:08SK hynix posts record Q1 operating profit of 37.61 trillion won
Jumatatu, 20. Mwezi wa nne 2026, 19:55:06South Korea's exports jump 49.4% in first 20 days of April
Ijumaa, 17. Mwezi wa nne 2026, 12:27:48Semiconductor programs overtake medical schools in Korean admissions race