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July 1, 2026
Samsung SDI CEO sees earnings turnaround this year

Samsung SDI CEO Choi Joo-sun said Wednesday that the battery-maker expects to achieve an earnings turnaround this year, as the company seeks to regain momentum through energy storage systems and premium electric vehicle batteries. "Over the past year, we have steadily strengthened the fundamentals of our business with a mindset of 'pessimistic optimism,' laying the groundwork for a renewed leap forward," he said at a ceremony marking the company's 56th anniversary at its headquarters in Yongin,
June 29, 2026
Lee calls Samsung, SK chiefs 'national heroes' in W900tr chip push

South Korea is betting nearly 900 trillion won ($583 billion) that the artificial intelligence boom will create enough demand for memory chips to justify building an entirely new semiconductor production belt outside the Seoul metropolitan area. At Monday's presidential public briefing on the government's three megaprojects, Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won unveiled investment plans totaling 881 trillion won, including four memory fabs in the southwest
June 25, 2026
Korea Zinc Chairman, Australia PM deepen critical minerals ties

Korea Zinc Chairman Choi Yun-birm met with Australian Prime Minister Anthony Albanese on Wednesday to discuss strengthening cooperation in critical minerals supply chains. During the meeting at the Prime Minister’s Office in Canberra, Australia, the two agreed to deepen communication on advancing critical minerals value chains and supply chain resilience and explore new areas of collaboration. Addressing challenges in Australia’s smelting industry, Albanese highlighted Korea Zinc’s Sun Metals Co
June 22, 2026
Woori chief pitches growth strategy in Japan, Taiwan

Woori Financial Group said Monday that Chairman Yim Jong-yong will visit Japan and Taiwan this week for an investor-relations campaign to expand its global shareholder base and highlight the group's growth strategy and shareholder return policy. During the four-day trip through Thursday, Yim will hold one-on-one meetings with major institutional investors, outlining Woori Financial's mid- to long-term growth plans, capital policy and efforts to enhance corporate value. The chairman is expected t
June 19, 2026
Intel hires former SK hynix chief Lee Seok-hee to lead advanced packaging

Intel has appointed former CEO of SK hynix and SK On Lee Seok-hee as a senior vice president in its foundry business, amid the US chipmaker’s push into advanced semiconductor packaging. Intel announced Thursday that Lee will oversee advanced packaging, system integration, back-end technology development and back-end manufacturing at Intel Foundry. He will report directly to CEO Lip-Bu Tan. Intel Foundry is establishing advanced packaging as a focused business with dedicated leadership, a directi
June 15, 2026
SK chief's divorce payout hinges on quadrupled chip stock

SK Group Chairman Chey Tae-won and his former wife, Roh Soh-yeong, failed to settle their property dispute in mediation on Monday, sending the case back to formal arguments over a contested question that now controls its size: To what date should the stock price be pegged? Since the couple last argued the case in April 2024, shares in SK Inc., the holding company at the top of South Korea's second-largest conglomerate, have roughly quadrupled, lifted by SK hynix and global demand for memory chip
June 15, 2026
'Dark factory' pioneer Xiangrui Zeng to speak at FAMS 2026

Xiangrui Zeng, a leading expert in AI-powered autonomous manufacturing and robotics, will speak at the Future AI Mobility Summit 2026 in Seoul later this month, the organizing committee said Monday. Zeng, a professor at the School of Mechanical Science and Engineering at Huazhong University of Science and Technology, is recognized for his work in smart manufacturing, autonomous systems and robotics. He is expected to share his vision for embodied AI and fully autonomous factories. FAMS 2026, joi
June 11, 2026
Why Jensen Huang wanted Korea to call him ‘K-Jensen’

"When I left this morning, I was just Jensen. Now I am K-Jensen. Next time I come back, call me K-Jensen." Jensen Huang delivered this line at Seoul National University on Monday, riffing on Korea's export machine. "If you have K-pop, you have K-beauty," he told the students. "Add a K, and it becomes instantly popular." It got the biggest reaction of his visit. But it was a strange thing for the head of the world's most valuable company to say. Nvidia's gaming cards made it a household name, but
June 11, 2026
OpenAI’s Sam Altman to meet Samsung, Kakao, Naver in Korea

OpenAI CEO Sam Altman is returning to South Korea this weekend for talks with Samsung Electronics, Kakao and Naver, as the ChatGPT leader looks to deepen partnerships with Korean technology companies in AI infrastructure, workplace adoption and consumer services. Altman is scheduled to arrive in Korea on Sunday afternoon and begin his main itinerary Monday, according to industry sources on Thursday. His first major stop will be Samsung Electronics’ Digital City campus in Suwon, Gyeonggi Province
June 10, 2026
Kakao hit by first strike as bonus dispute escalates

Unionized workers at Kakao walked off the job Wednesday in the first strike at the company's headquarters since its founding, escalating a monthslong dispute over how the operator of KakaoTalk, the messaging app used by most South Koreans, divides its profits with employees. The Crew Union, which represents Kakao staff, staged a four-hour partial strike from 10 a.m. to 3 p.m., excluding the lunch hour. By late morning, the union said more than 1,000 headquarters employees had joined, with about

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EDITOR'S PICKS

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
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