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The Latest Breaking News on Asian tech

SK Hynix Stock Drops Over 6% in Thursday Pre-Market: What's Going On?

U.S-listed shares of SK Hynix Inc (NASDAQ:SKHY) fell over 6% to $141.55 a piece in premarket trading on Thursday amid global volatility in technology stocks.

Why Thailand must rethink growth strategy

Why Thailand must rethink growth strategy

It is an undeniable fact that the Thai economy needs to transform. Thai people cannot survive on GDP growth of just 2-3%. This is not because the country needs rapid growth to improve living standards or remain economically competitive with its neighbours. It is because it needs growth to service…

BofA views uneven recovery ahead

BofA views uneven recovery ahead

The Thai economy is expected to miss the country's potential growth level of 2.5-3% over the next two years, says Bank of America (BofA), noting that the ongoing recovery remains "limited and uneven" while energy supply shocks and price volatility persist.

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DRAM ETF Sinks Nearly 32% as Margin Calls Hit Memory Stock Investors: Charlie Bilello Warns 'That Almost Never Ends Well'

The Roundhill Memory ETF (BATS:DRAM) has plunged nearly 32% in July as a wave of margin calls strikes over-leveraged memory stock investors.

SK Hynix Stock Soars 22%, Samsung Jumps 19% as Kospi Hits Trading Halt: Dow Futures Climb 151 Points

Asian stocks traded higher at the time of writing, led by a nearly 13% surge in South Korea’s KOSPI, while U.S. stock futures advanced and oil prices remained elevated.

Jim Cramer Slams 'SK Hijinx' as SKHY's Record Earnings Meet Brutal Stock Crash: 'We Will Rue the Day We Let This Monster Into Our Markets...'

CNBC host Jim Cramer has sounded the alarm on SK Hynix Inc. (NASDAQ:SKHY), labeling the South Korean memory giant a "Monster" that is destabilizing global markets as retail margin calls and leveraged gambling overshadow strong chip fundamentals during July’s severe semiconductor rout.

SK Group chairman Chey Tae-won ordered to pay ex-wife Roh Soh-yeong $644 million in divorce settlement, court upholds claim over marital assets

A South Korean appeals court on Friday ordered SK Group Chairman Chey Tae-won to pay his former wife, Roh Soh-yeong, 944 billion won (about $644 million) in cash as part of their long-running divorce property settlement, while reaffirming that Chey's SK shares formed part of the couple's marital assets.

The Times of India

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Billionaire businessman ordered to pay ex-wife £480 million in ‘divorce of the century’

Billionaire businessman ordered to pay ex-wife £480 million in ‘divorce of the century’

SK Group Chairman Chey Tae-won filed for divorce after revealing he was in a relationship with another woman and had a child with her

The Independent UK

Texas’ bite of the microchip industry is growing thanks to public grants, incentives

Texas’ bite of the microchip industry is growing thanks to public grants, incentives

For years, the state has been the leading exporter of semiconductor chips. After the Legislature invested more than $1.5 billion into incentives since 2023, the industry has been booming.

The Texas Tribune

China roadshow to boost FDI inflow

China roadshow to boost FDI inflow

A government investment roadshow in China could help attract businesses from Chongqing and Sichuan, two major manufacturing hubs for high-tech industries, says CP Group Senior Vice-Chairman Suphachai Chearavanont.

Taiwan Semiconductor Manufacturing Q2 Preview: Analysts Expect Record Revenue, Could Stock Hit New All-Time Highs?

Taiwan Semiconductor Manufacturing Q2 Preview: Analysts Expect Record Revenue, Could Stock Hit New All-Time Highs?

Taiwan Semiconductor Manufacturing (NYSE:TSM) looks to hit new all-time highs with a strong earnings report Thursday before market open.

Nanya to quadruple capital spending to $6.2 billion in 2027 as DRAM prices push gross margin to 79.5% — Q2 revenue skyrockets as ASPs for memory continue to surge

Nanya to quadruple capital spending to $6.2 billion in 2027 as DRAM prices push gross margin to 79.5% — Q2 revenue skyrockets as ASPs for memory continue to surge

Nanya Technology plans capex of more than TW$200 billion ($6.2 billion) in 2027, roughly four times its budget for this year.

Tom’s Hardware

Samsung's Earnings Failed To Impress: Is The Late June 'Tech Sale-Off' Over?

Samsung's Earnings Failed To Impress: Is The Late June 'Tech Sale-Off' Over?

As stocks in Asia slip again, we talked to experts and analysts to figure out which way the market could go in the future.

International Business Times

Samsung chip division's single-year profits beat its past 40 years of profits, combined, due to increased memory and storage prices — Samsung passes Nvidia to become most profitable company in the world, notches 19x quarterly increase in profit

Samsung chip division's single-year profits beat its past 40 years of profits, combined, due to increased memory and storage prices — Samsung passes Nvidia to become most profitable company in the world, notches 19x quarterly increase in profit

Brokerage consensus puts Samsung's full-year 2026 operating profit near 300 trillion won.

Tom’s Hardware

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SK hynix to invest $712.5 billion in South Korean operations — Cheongju NAND expansion, Yongin Semiconductor Cluster for DRAM detailed

SK hynix announces major plan to spend $712.5 billion in its operations in South Korea, but the only detailed investments are spendings on a new NAND fab and a packaging facility.

South Korean Hot Stocks SK Hynix, Samsung Tumble as Semiconductor Selloff Spreads From Wall Street to Asia: ETFs You Should Watch

South Korean stocks tumbled Thursday as a broad semiconductor selloff spread from Wall Street to Asia, dragging the benchmark index, Korea Composite Stock Price Index, lower after heavy losses in SK Hynix Inc and Samsung Electronics Co.

The Independent UK

Asian stocks mostly decline on a sell-off of chip shares

Asian shares are mostly lower on heavy selling of computer chip stocks, tracking losses on Wall Street

WONTECH ASIA, THAILAND Korean aesthetics

Thailand’s medical aesthetics industry is attracting growing foreign investment as international companies seek to tap rising demand for non-surgical cosmetic treatments and use Thailand as a springboard into Southeast Asia.

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Tom’s Hardware

South Korea unveils $520 billion investment plan with Samsung and SK Hynix to expand memory chip dominance — plan includes four new fabs and HBM facilities, amid strong government support

President Lee unveiled an 800 trillion won ($520B) public-private plan for four new Samsung and SK Hynix fabs, dwarfing the US CHIPS Act tenfold.

The Independent UK

South Korean tech giants to build a $518 billion chipmaking hub to serve soaring AI demand

South Korean tech giants Samsung Electronics and SK Hynix plan to invest a combined $518 billion in a new computer chip manufacturing hub, capitalizing on surging artificial intelligence-driven demand

The Independent UK

Rebound in tech shares pushes Asian shares higher, while oil prices fall

Shares are mostly higher in Asia, led by tech-driven gains in Japan and South Korea

The Independent UK

Asian stocks are mixed after big tech sell-off

Asian stocks are mixed on Wednesday, following a sell-off in big technology stocks from Asia to Wall Street

Tighten up hub plan

Thailand's ambition to become an Asean semiconductor hub deserves serious attention. The aspiration was unveiled last week when Prime Minister Anutin Charnvirakul announced a goal for Thailand to produce semiconductors domestically by 2050. A national committee, known as the "semiconductor board", will drive the development of the semiconductor and advanced…

FTI says chip sector needs more than investment

Thailand cannot rely solely on foreign investment if it wants to develop the semiconductor industry as a new engine to drive long-term economic growth, says the Federation of Thai Industries (FTI).

Chips seen as next growth engine

The government has established the National Semiconductor Policy Committee to set the country’s strategy for the sector, with a target of attracting 2.5 trillion baht in investment to Thailand.

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Anutin Charnvirakul

Rachada Dhnadirek

Seyed Abbas Araghchi

Charlie Bilello

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