South Korea posts record early-April exports despite Middle East crisis
Despite geopolitical risks amid the prolonged conflict in the Middle East, South Korea posted its highest-ever exports for the first 10 days of this month, driven by strong demand for semiconductor chips. According to data from the Korea Customs Service (KCS) released on Monday, exports during the period from the first day of April to last Friday totaled US$25.21 billion, up 36.7 percent from a year earlier, surpassing the previous record for the same period,
Korean chipmakers push long-term deals as AI demand overrides cycle
The memory chip market is behaving less like a cycle and more like a contract. South Korea’s Samsung Electronics and SK hynix are moving to lock in multi-year supply agreements as artificial intelligence demand strengthens their leverage over pricing and terms. Memory has long been one of the most volatile segments of the semiconductor industry, with Random Access Memory (RAM) prices prone to sharp swings. But the rapid expansion of AI infrastruct
Samsung Elec turns up 'warmth' in design as gadget prices turn cold
Samsung Electronics is painstakingly dialing up “warmth” in product design for its latest Galaxy lineup, seeking to soften consumer resistance as rising component costs push device prices higher and colder Unveiling the Galaxy S26 and Buds4 series on Thursday, the company’s design leadership emphasized a shift toward more intuitive, tactile and emotionally resonant products — a deliberate counterpoint to what executives acknowledged as
Chipflation accelerates, Samsung device makers bump up price tags
Samsung Electronics and other South Korean device makers are raising prices across smartphones, laptops and tablets as a sharp surge in memory costs — driven by artificial intelligence demand — squeezes margins and reshapes the consumer electronics market. Samsung this week lifted prices for key products including laptops and tablets, with some models rising by as much as 900,000 won ($600). The company also raised official prices of several smart
Samsung vaults into global top tier as AI-driven memory boom turbocharges profits
Its record-smashing first-quarter earnings that nearly matched the full-year income of its previous peak in 2018 place Samsung Electronics among the world’s top five big tech firms and suggest it could even challenge Nvidia in operating profit if the memory supercycle extends into next year. The company on Tuesday estimated its first-quarter operating profit at 57.2 trillion won ($38.0 billion), nearly tripling its previous quarterly high in the Octo
LG Electronics Q1 OP beats expectations, sales hit quarterly high
LG Electronics on Tuesday estimated stronger-than-expected operating profit and record three-month sales in the quarter ended March thanks to its premium lineup and steady growth in business-to-business segments despite tariff pressure in the U.S. and weak Korean won. In its preliminary earnings guidance, the company reported an operating profit at 1.67 trillion won ($1.24 billion) for the January–March period, up 32.9 percent from a year earlier and
Samsung Electronics Q1 income eclipses full 2025, nears full 2018 peak
Samsung Electronics on Tuesday estimated its operating profit reached a whopping 57.2 trillion won ($42.3 billion) in the January–March period on a surge in memory prices from legacy to AI-supporting high-performance chips, beating not just full-year 2025 earnings but nearing the annual income of the last chip boom year in 2018. In its first-quarter earnings guidance, the South Korean tech giant — spanning chips, smartphones and home appliances
Samsung Q1 profit set to rival full-year earnings on AI chip boom
Samsung Electronics is poised to deliver its strongest quarterly reports to date with January-March operating profit expected to approach or exceed full-year earnings for 2025, underscoring the sheer scale of the ongoing memory super-cycle driven by artificial intelligence demand. According to market consensus compiled by FnGuide, the South Korean tech giant is projected to post an average operating profit of 40.5 trillion won ($29.9 billion) for the Januar
Investors are jittery, but analysts are buoyant behind Korean memory makers vs TurboQuant
A new artificial intelligence data-compression technology from Google has hit Seoul’s main stock market as hard as Strait of Hormuz-related news, as it involves South Korea’s top memory chipmakers responsible for around 40 percent of not just the KOSPI but also the country’s exports. Since the unveiling of Google’s TurboQuant, a next-generation quantization algorithm, Samsung Electronics and SK hynix saw their shares tumble 4.7 perce
Samsung Elec union crying foul over wage talks to press ahead with strikes
Samsung Electronics claims it has put forward a compensation package more attractive than that of rival SK hynix, but its largest labor union is calling it a deception — and is pressing ahead with plans for a general strike in May. “The company lied to us,” Kim Jae-won, head of policy planning at the National Samsung Electronics Union (NSEU), told AJP on Tuesday. “There is no other way to describe what happened at that table.”