Technology manufacturer
Appears in 13 stories · Last updated Nov 9, 2026
Second Korean memory maker; also hit by foreign selling
Samsung Electronics held 214.8 trillion won in cash and short-term investments at the end of September 2026, the first South Korean company past 200 trillion won. Net of borrowings it still had 197.6 trillion won, up 30 trillion won in three months, and total assets reached 791.8 trillion won.
Updated 3 days ago
Reporting record quarterly results on AI memory demand
SK hynix posted a record quarterly operating profit of 83.3 trillion won (about US$62.5 billion) for July through September, up sevenfold from a year earlier and above analyst expectations. Revenue crossed 100 trillion won for the first time, at 104.6 trillion won.
Updated Nov 2
Approved $38 billion for two new fabs while upgrading its China plant and drawing Samsung's engineers with bigger bonuses
South Korea's chip buildout is producing contracts on several fronts. On November 2, Industry Minister Kim Jung-kwan said the three mega projects total 1,600 trillion won, about 60% of GDP in the year work starts, and promised faster permits to bring fab start-ups forward by more than two years. Samsung and SK Hynix have signed long-term memory supply deals with customers, and OpenAI's Sam Altman visited Seoul to talk with SK Group about HBM and data centers.
Discontinued the Solidigm IPO review on Oct 28; has not announced a funding route for Solidigm's US expansion.
SK Hynix dropped the planned US listing of its Solidigm memory unit, a sale that could have raised $15 billion at a $150 billion valuation. It halted the review on October 23, citing market conditions and share prices. On October 28 it said the review was discontinued. South Korean regulators had said the listing would fall under rules meant to protect parent-company shareholders.
Updated Nov 1
Leading high-bandwidth memory supplier
South Korea exported $115.3 billion of goods in October, 93.7% more than a year earlier. That is the fastest annual growth in any month since January 1974, according to the trade ministry. Semiconductor shipments did most of the work, reaching $56.4 billion, up 259%. Computer exports rose 497% to $5.85 billion as server demand for AI services expanded.
Third-quarter results pending; securities firms expect operating profit above 80 trillion won
South Korean companies held 67.1 trillion won in surplus financial assets at the end of June, more than triple the record set three months earlier, as memory chip profits piled up at Samsung Electronics and SK hynix. The boom has not slowed. Samsung reported 107.4 trillion won in third-quarter operating profit on October 22, the first time a private company has cleared 100 trillion won in a quarter.
Updated Oct 24
As of September 2026: Current HBM market leader, Samsung's main rival
Samsung has shown a working prototype of zHBM, a memory architecture that stacks high-bandwidth memory directly on top of AI accelerators. The design removes the interposer, the silicon bridge that currently carries data between logic and memory chips placed side by side.
Updated Sep 10
As of August 2026: Co-author of the HBF standard
AI chips are starving for memory. On August 4, 2026, SK hynix and Sandisk published the first open technical standard for a possible fix: High Bandwidth Flash, or HBF.
Updated Aug 4
As of July 2026: Hardest-hit stock in the July 28 selloff
Chip stocks lost more than $1 trillion in market value on July 28, 2026. Memory maker SK Hynix fell about 14% and Samsung dropped over 10%, pulling South Korea's Kospi down roughly 9%. Nvidia slid more than 5% and briefly handed the title of world's most valuable company back to Apple.
Updated Jul 28
As of July 2026: Newly listed on Nasdaq
SK Hynix rang the Nasdaq opening bell on July 10 and raised about $26.5 billion. No foreign company has ever raised more in a US share sale.
Updated Jul 10
As of June 2026: Market leader; first to ship HBM4, racing on HBM4E
Modern AI chips can crunch numbers faster than memory can feed them data. On June 18, 2026, SK hynix said it shipped samples of HBM4E, a stacked memory chip built to narrow that gap, to major customers.
Updated Jun 18
As of May 2026: World's largest high-bandwidth memory producer; all 2026 HBM capacity sold out
South Korea's benchmark KOSPI stock index crossed 6,000 points for the first time on February 25, 2026. It completed its climb from 5,000 to 6,000 in just 34 trading days, the fastest thousand-point advance in the index's history.
Updated May 29
As of May 2026: Market leader in HBM with 61% global share
For decades, chip packaging was the unglamorous final step—stacking and connecting silicon dies after the real engineering was done. Now it's the constraint holding back AI.
Updated May 20
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