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The Latest Breaking News from SK Hynix

At Samsung, the global AI boom spurred a looming strike and deep divisions

A major strike looms at Samsung Electronics over AI boom profits. Over 45,000 workers demand fair bonus distribution. The dispute could disrupt memory chip production, impacting AI data centers, smartphones, and laptops globally. Government and investors express concern over potential economic fallout and supply chain instability. This labor unrest highlights…

The Economic Times

Kospi Crash Explained: Why South Korea's red-hot stock market tumbled 6% after record rally

South Korea's stock market saw a dramatic fall on Friday. This happened after a massive rally pushed valuations to extreme levels. The market's dependence on a few AI chip companies became clear. Samsung Electronics and SK Hynix, key players, experienced significant drops. This led to a broad index decline. Global…

The Economic Times

Samsung shares crash 9% as labour strike raises fears of $20 billion profit hit

Samsung Electronics shares fell sharply on Friday as an escalating labour dispute and a looming 18-day strike raised fears of major disruption to chip production and deliveries. With JPMorgan estimating up to $21 billion in potential profit impact, investor anxiety has surged amid intensifying union demands and rising pressure on…

The Economic Times

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AI boom puts SK Hynix on the cusp of $1 trillion market value

South Korea is at the forefront of Asia's AI boom, with SK Hynix nearing a $1 trillion market value, following Samsung Electronics' recent milestone. Driven by surging AI demand for memory chips, SK Hynix shares have seen significant growth.

The Economic Times

Samsung Electronics Labor-Management Post-Mediation Talks Collapse Despite Government Intervention

The two sides had been undergoing post-mediation procedures since May 12 under government mediation but were unable to narrow their differences.

International Business Times

South Korean official proposes 'citizen dividend' payouts from AI windfall — markets spooked by suggestion AI revenue should be redistributed to citizens

Kim Yong-beom, presidential chief of staff for policy, floated the idea of a "national dividend" in a Facebook post late Monday.

Tom’s Hardware

The DRAM Shake-Up: Samsung Stumbles, Micron Chases $1000

Ongoing labor disruptions at competitor Samsung Electronics could create a significant pricing power advantage for U.S.-based memory maker Micron Technology.

MarketBeat

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South Korea official floats AI profit social tax as tech giants boom

A top South Korean official has proposed a tax on AI profits to be redistributed among society as a semiconductor boom drives massive earnings for tech giants Samsung Electronics and SK hynix. Kim proposed what he tentatively called a "national dividend" for socially redistributing excess corporate profits from AI technology.

The Economic Times

Samsung Electronics union threatens to walk out of pay talks if no mediation proposal

Samsung Electronics' labour union in South Korea is threatening to halt pay negotiations. The union demands a larger share of operating profit for performance bonuses. Workers are unhappy with lower bonuses compared to rival SK Hynix. This dissatisfaction grows amid Samsung's record profits driven by the AI chip boom.

The Economic Times

South Korea’s radical 'AI dividend' proposal: A bold future or a market nightmare?

South Korea is discussing sharing the wealth generated by artificial intelligence. A government official suggested distributing AI profits, causing a stir in the stock market. Companies like Samsung and SK Hynix are seeing huge profits from AI chips. This move highlights concerns about wealth concentration and calls for broader economic…

The Economic Times

Samsung holds desperate final talks with union over 18-day chip factory strike that could cost $20 billion — government-mediated summit seeks to avert industrial action that could hit HBM production

The two sides are meeting through South Korea's National Labor Relations Commission after earlier rounds of mediation in February and March collapsed.

Tom’s Hardware

Intel, SK hynix shares surge following reports of chip packaging partnership — SK is said to be testing Intel's 2.5D EMIB for HBM integration

The rally followed a report claiming that SK is conducting R&D with Intel on 2.5D packaging using Intel's EMIB technology.

Tom’s Hardware

Scammers are selling fake DDR5 with empty plastic chips relabeled to pass as legit — fake components mounted to PCBs are yet another sign of the RAMpocalypse

DDR5 memory is overpriced right now, which might make some people desperate to get their hands on a good deal. Unfortunately, that could lead to you being taken advantage of with fake modules that are literally empty inside. A Japanese buyer warns of how this scam works and how to…

Tom’s Hardware

SK Hynix flooded with unprecedented offers from big tech firms to secure chip supplies

Global tech giants are making unprecedented offers to SK Hynix. They want to invest in new production lines and fund expensive equipment purchases. This is to secure vital memory chips. Demand for these chips is surging due to the artificial intelligence boom. SK Hynix is cautious about these deals. The…

The Economic Times

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Tom’s Hardware

Samsung chip workers reject $340,000 one-time bonus, demand annual payouts like SK hynix's $900,000 — workers want share of AI windfall, impending 18-day strike could cost Samsung up to $11.7 billion

Negotiations between the National Samsung Electronics Union, which represents workers in the company’s chipmaking division, and management have seemingly broken down over a single issue.

Euronews

European stocks rally, oil falls on hopes of US-Iran breakthrough

Some of Europe’s leading stock indices climbed more than 3% on Wednesday, while oil prices retreated as hopes for a diplomatic breakthrough in the Iran conflict boosted market sentiment.

The Guardian - UK

‘RAMageddon’: is the era of cheap phones and laptops over?

Bargains are disappearing and the cost of gadgets such as MacBooks and PS5s is rising as AI competes for memory chips

Tom’s Hardware

China pushes for 70% homegrown silicon wafer use as domestic firm ramps up 12-inch production — government seeking to localize critical chip supply chain amid AI boom and export restrictions

China is targeting 70% local wafer sourcing as firms like Eswin scale 12-inch production, aiming to reduce reliance on foreign suppliers and support growing AI chip demand.

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TechRadar

Micron CEO warns 'AI is in very early innings' and it will 'need more memory' — another ominous sign the RAM crisis isn't going anywhere

Micron has warned on the gravity of the RAM crisis, meaning that every major memory chip maker has now done so.

Tom’s Hardware

Nvidia's exposure to Asian supply chains for components hits 90% of its production costs — marked increase from 65% could intensify as physical AI adds even more exposure

Asian suppliers now represent roughly 90% of Nvidia's production costs, up from about 65% a year earlier, according to data compiled by Bloomberg.

Tom’s Hardware

Samsung and SK hynix warn AI-driven memory shortages could last until 2027 and beyond, as HBM demand explodes — customers already reserving supply years ahead, while the wider DRAM market begins to tighten

Samsung and SK hynix warn that severe AI-driven memory shortages could persist through 2027 as exploding HBM demand overwhelms supply, tightens the broader DRAM market, and fuels record profits

Tom’s Hardware

Complex that supplies 70% of global critical PCB base targeted in Iranian strike — attack could fracture the already disrupted electronics supply chain

Tom’s Hardware

Taiwan's stock market surpasses the UK's despite having less than a quarter of the UK's economy — AI boom propels Taiwan forward, TSMC alone accounts for more than 40% of Taiwan's total market value

Taiwan's stock market is now worth more than the United Kingdom's, in a shift driven almost entirely by the insatiable global appetite for AI chips.

Tom’s Hardware

Union rally causes Samsung fab production to plummet by 58% during night shift as workers demand up to $400,000 bonuses — updated figures show over 40,000 people attended rally for better pay and bonuses

Samsung's memory fab and contract chip foundry production for a single night-shift fell by up to 58% after a one-day strike. The union is gearing up for an extended 18-day labor action if company management refuses to meet their demands when it comes to pay and bonuses.

PC Gamer

'Many employees are leaving for SK hynix': 40,000 Samsung workers are marching outside its factories to protest pay levels

'The compensation gap has become so wide that it's driving these moves.'

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