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Chipflation (1): Korean memory makers seize pricing power in AI boom
Editor’s note: This is the first installment in AJP’s Chipflation series, which examines how explosive demand for artificial intelligence and South Korea’s dominance in memory chips are triggering a ripple effect of price hikes across the global tech supply chain — from Silicon Valley data centers to everyday consumer electronics. This installment l
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Chips, KOSPI on fire as institutions bet on more upside
SEOUL, February 24 (AJP) — Asian markets traded mostly higher Tuesday, with the exception of Hong Kong, as investors digested the rollout of a blanket 10 percent U.S. import levy that replaced earlier, steeper tariffs under former President Donald Trump following a Supreme Court ruling last week. South Korea’s benchmark KOSPI roared higher, pushed by chip titans Samsung Electronics and SK hynix, wh
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Seoul opts for antidumping duties on Chinese, Japanese steel for industry relief
SEOUL, February 24 (AJP) - South Korea's shipbuilders enjoy heyday on robust orders and backlog, but they had limited trickle-down effect on steelmakers at home as they struggled with the flood of cheaper Chinese and Japanese imports. The government stepped in for relief as the industry undergoes stringent cost-saving streamlining to survive a global glut, a protectionist e