News
[News analysis] KOSPI becomes more volatile than crypto amid leverage frenzy
1+ hour, 39+ min ago (257+ words) Hankyoreh: English Edition [News analysis] KOSPI becomes more volatile than crypto amid leverage frenzy On June 11, 2025, fresh off his election, Korean President Lee Jae Myung pledged to “make investing in stocks a primary mode of investment on par with real…...
Chip sector’s unshared growth fuels youth employment crisis in Korea
1+ day, 1+ hour ago (694+ words) Despite sharply raising its economic growth forecast just six months after its initial announcement, the Korean government has slashed its jobs outlook. This seeming contradiction is explained by the slow recovery in industries oriented toward domestic demand, which tend to…...
Bank of Korea says chip upcycle to continue for foreseeable future
6+ day, 1+ hour ago (523+ words) The Bank of Korea predicted on Thursday that the semiconductor upcycle will continue for some time. “The semiconductor cycle is projected to remain expansionary because of increasing investment in areas of AI usage (agentic, physical AI, etc.) and related infrastructure,…...
IMF upgrades Korea’s 2026 growth outlook to 2.6%
1+ week, 2+ hour ago (427+ words) The International Monetary Fund has bumped up Korea’s projected economic growth rate for the year to 2.6%. Surging exports by Korean chipmakers prompted the upward revision despite the economic headwinds of the US and Israel’s war with Iran. In its World…...
KOSPI falls 10% in 2 days as record Samsung earnings fuel fears of chip cycle peak
1+ week, 2+ hour ago (244+ words) Hankyoreh: English Edition KOSPI falls 10% in 2 days as record Samsung earnings fuel fears of chip cycle peak South Korea’s benchmark KOSPI fell for a second consecutive day despite Samsung Electronics posting record earnings, as investors grew increasingly concerned that the…...
The paradoxical polarization being fueled by Korea’s semiconductor windfall
1+ week, 1+ day ago (591+ words) A standoff over bonus payouts at Samsung Electronics has ended for now, after employees and management reached a resolution on how to share gains from the company’s booming semiconductor business. Faced with the threat of semiconductor production lines — which must…...
KOSPI’s rollercoaster ride highlights dependence on chip stocks
1+ week, 6+ day ago (557+ words) A mere two weeks after it made history by breaking 9,000, the KOSPI nosedived below 8,000 on Thursday before making a recovery above the 8,000 mark on Friday. The selloff has unfolded at nearly the same pace as the index’s earlier rally. Much…...
Chip demand helps Korea break $100 billion in exports for first time in June
2+ week, 2+ hour ago (237+ words) Hankyoreh: English Edition Chip demand helps Korea break $100 billion in exports for first time in June Korea’s monthly exports surged 70% year-over-year to hit US$100 billion for the first time in June, driven by robust semiconductor demand. Korea has joined Germany,…...
Lee offers deep bows to chaebol heads in thanks for investment pledges
2+ week, 2+ day ago (292+ words) During a televised address unveiling massive investment plans on Monday, South Korean President Lee Jae Myung doubled over in deep bows to the heads of the country’s top two chipmakers, SK and Samsung. “Let me thank you on behalf of…...
The rising tide of the semiconductor boom does not lift all boats in Korea
3+ week, 6+ day ago (733+ words) Korea’s current semiconductor “supercycle,” which came as a complete surprise, originated at the Intel headquarters in California, about 9,000 kilometers away from Seoul. Lip-Bu Tan, who became Intel CEO in March 2025, boldly moved to increase production of central processing units (CPUs)…...