A South Korean court upheld part of Samsung Electronics' claim, barring two former NAND flash designers from working for SK Hynix and its affiliates until April 30, 2027. Suwon District Court said Samsung had sought a two-year non‑compete; the court shortened the restriction to 18 months.

2026-07-13

A South Korean court upheld part of Samsung Electronics' claim, barring two former NAND flash designers from working for SK Hynix and its affiliates until April 30, 2027. Suwon District Court said Samsung had sought a two-year non‑compete; the court shortened the restriction to 18 months.

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2026-07-13

South Africa plans to rebuild a strategic petroleum reserve to mitigate supply risk, the Minerals Resources and Energy Department (DMRE) said in a July 9 draft policy paper for public comment. DMRE estimates a current shortfall of about 10 mln bbl and proposes a 60-day buffer—roughly 36 mln bbl based on EIA’s estimate of 600,000 bpd—split about two-thirds crude and one-third products. National Treasury and the state oil company will design financing and guarantee mechanisms for the reserve. Unde

2026-07-13

Periscope Analytics analyst Brian Freitas said SK Hynix's newly listed ADRs could command a 30–35% valuation premium in the very near term, then narrow as passive buying of the US securities is limited. SK Hynix raised $26.5 bln in the US listing and its ADRs staged a strong Nasdaq debut last Friday, closing up nearly 13%; Seoul-listed shares were down about 10% in early trade today.