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SK Hynix to Invest $38 Billion in New Memory Chip Plants
BusinessReutersbloombergcnbc+2channel-news-asiaseeking-alpha24d ago5 sources

SK Hynix to Invest $38 Billion in New Memory Chip Plants

SK Hynix announced plans to invest $38 billion in building new memory chip plants in Yongin and Cheongju, South Korea. This significant investment aims to meet soaring demand for memory chips.

Renault Filante crossover blends hybrid power with sedan comfort
BusinessKorea Herald5mo ago

Renault Filante crossover blends hybrid power with sedan comfort

Renault Korea has launched the Filante crossover — the second model in its Aurora Project lineup — aiming to build this year’s sales momentum much like the Grand Koleos SUV did last year. Developed entirely at Renault Korea’s R&D center in Yongin, Gyeonggi Province, the new hybrid flagship builds on its smaller sibling Grand Koleos’ dynamic performance while adding sedan-like comfort, offering a fresh interpretation of Renault Group’s crossover DNA. Compared with the Grand Koleos, Filante takes

Samsung Accelerates Yongin Chip Plant Launch to 2029
BusinessFTTimes of Indiaindian-express+3Korea Heraldchannel-news-asiaseeking-alpha1mo ago6 sources

Samsung Accelerates Yongin Chip Plant Launch to 2029

Samsung Electronics plans to advance the start of its chip factory in Yongin, South Korea, to 2029, signaling a strategic move in the semiconductor industry. This decision comes as investors re-evaluate their positions on Asian chipmakers.

Twin Pandas Celebrate Last Birthday in South Korea
WorldKorea Herald1mo ago

Twin Pandas Celebrate Last Birthday in South Korea

Twin giant pandas, Rui Bao and Hui Bao, celebrated their third birthday at Everland's Panda World in Yongin, Gyeonggi Province, in what is expected to be their final birthday in South Korea before returning to China.

South Korea Unveils $880 Billion Chip and AI Investment Plan
BusinessKorea Heraldmyjoyonline2mo ago2 sources

South Korea Unveils $880 Billion Chip and AI Investment Plan

South Korea has announced an ambitious $880 billion investment plan for its chip and AI industries. However, major players like Samsung and SK Hynix have expressed concerns that the Yongin cluster alone may not be sufficient to meet the demands of the AI era.