South Korea
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Korean chipmaker FuriosaAI raises $620m at $2.9b valuation
FuriosaAI said RNGD outperformed Nvidia’s RTX Pro 6000 in its own efficiency benchmark.
Aiko Gao Ishida · · 1 min read
Samsung Q3 net profit hits $56b on AI chip demand
The semiconductor division generated 106.5 trillion won (US$79.9 billion) in operating profit.
Grace Priscilla Teo · · 1 min read
LG Electronics posts $587m operating profit in Q3
For the first nine months of 2026, the company’s operating profit rose 55.9% year on year to 4 trillion won (US$3.02 billion).
Diya Lal · · 1 min read
Samsung SDI swings to $255m Q3 profit but misses forecasts
Revenue rose 52.6% to 4.7 trillion won (US$3.51 billion).
Aiko Gao Ishida · · 1 min readSamsung Electro-Mechanics Q3 profit soars 165% on AI demand
Optical solutions revenue rose 3% YoY to 941.3 billion won, helped by EV camera modules.
Aiko Gao Ishida · · 1 min readSK hynix plans $75b shareholder returns after record profit
SK Hynix also said it has signed long-term agreements with 14 major customers.
Grace Priscilla Teo · · 1 min readShopee Korea partners Hyundai Glovis on K-beauty exports
Hyundai Glovis already operates an airport logistics center in Incheon, South Korea.
Aiko Gao Ishida · · 1 min readSamsung, SK Hynix shares fall before earnings on AI doubts
TrendForce: China’s AI and cloud demand may absorb much of new local memory supply through 2027.
Grace Priscilla Teo · · 1 min readSK hynix pauses potential $15b US listing of Solidigm
Solidigm was created from the business SK hynix acquired from Intel and sells enterprise solid-state drives.
Aiko Gao Ishida · · 1 min readWho pays for AI in your language?
Can Asia’s local-language AI models become viable businesses? Plus: South Korea’s robotics push and an interview with TorqueAGI’s founder.
Glenn Kaonang · · 8 min read