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The South Korean government plans to accelerate approvals and construction in the southwest region to rapidly expand memory chip production capacity. The central region will focus on developing advanced packaging technologies, while the southeast reg

2026-06-29

The South Korean government plans to accelerate approvals and construction in the southwest region to rapidly expand memory chip production capacity. The central region will focus on developing advanced packaging technologies, while the southeast region will be developed into a hub for semiconductor materials, components, equipment, and next-generation power chips.

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2026-06-28

Bank for International Settlements says its messaging conveys urgency and calls for consolidation of public debt. The interaction of record public debt and rising hedge-fund leverage is raising financial-stability risk.

Bank for International Settlements says its messaging conveys urgency and calls for consolidation of public debt. The interaction of record public debt and rising hedge-fund leverage is raising financial-stability risk.
2026-06-28

South Korea’s presidential office said Samsung Electronics and SK Hynix will unveil major investment plans at a chair meeting by President Lee Jae-myung on Monday. The announcement will be made at a Blue House briefing at 1400 KST (1300 Beijing) outl

South Korea’s presidential office said Samsung Electronics and SK Hynix will unveil major investment plans at a chair meeting by President Lee Jae-myung on Monday. The announcement will be made at a Blue House briefing at 1400 KST (1300 Beijing) outlining one of three government “super projects” to promote regional balance; the plan is being driven by the ministries of trade, science, transport and energy. Samsung Electronics chairman Lee Jae-yong and SK Group chairman Chey Tae-won will attend. Market observers expect the two chipmakers to invest more than 1,000 trillion won over the next decade (about $650 billion), potentially including a semiconductor cluster in the southwest Honam region.
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