South Korea anticipates around 81 trillion won of investment in the Chungcheong region to develop a chip packaging hub.
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The South Korean government said it expects a minimum of 30 trillion won to be invested over 15 years in advanced chips such as next-gen memory, edge AI, and defence.
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Hezbollah Accuses Israel Of Continued Ceasefire Violations – Al Jazeera
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South Korea expects around 550 trillion won of investment for developing AI data centres, the government said.
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IPSEN TO BUY KARTOS THERAPEUTICS FOR UP TO $1.75 BILLION-WSJ
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Samsung Electronics Chairman Jay Y. Lee said Gwangju will be positioned as a base for chip manufacturing.
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Samsung Electronics Chairman Jay Y. Lee said the firm intends to build an HBM chip fab in the Chungcheong region.
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Samsung Electronics Chairman Lee said the company’s robot investment will be focused in Gumi, North Gyeongsang.
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Shares of SK Hynix recovered, wiping out early losses of 5.8% and moving into positive territory.
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Japan’s Nikkei index reduced losses, last trading 0.1% lower.
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AstraZeneca PLC announced that Datroway is recommended for EU approval in TNBC treatment.
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SWEDEN TRADE BALANCE (SEK) MAY: 2.9B (PREV -7.3B)
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Toyota May global sales drop 7.2%, down for 4th month, on weak China demand-KYODO
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SK Hynix urged the development of strong education systems for the workforce in the southwest.
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Australia’s ASX 200 ended the session 0.7% higher at 8,823.40 points.
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Japan’s Nikkei share average wiped out declines and was last flat.
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AstraZeneca PLC announced EU approval of Enhertu for HER2-positive solid tumour indications.
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Iran’s Deputy Foreign Minister Gharibabadi announced on X that he attended the inaugural Iran-Oman committee meeting on the Strait of Hormuz.
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Foreigners recorded net sales of 7.7 trillion won in KOSPI stocks on Monday, marking a record high.
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AstraZeneca is set to pay Daiichi Sankyo $25 million after receiving EU approval.
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Korea’s Chips Rally Is Driving Its Stock Market Into a Danger Zone-WSJ
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