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AI Memory Boom in South Korea Begins to Lift Global Console Prices

AI Memory Boom in South Korea Begins to Lift Global Console Prices

(Photo=Sony Interactive Entertainment) A surge in memory prices driven by the artificial-intelligence boom—centered on South Korea’s chip industry—is starting to push up the cost of gaming hardware, with Sony raising PlayStation 5 prices in one of its key Asian markets. Sony Interactive Entertainment’s Korean unit said April 27 it will increase retail prices for its PlayStation 5 lineup starting May

Apr 28 2026
09:00 AM PST
Samsung Labor Tensions Raise Concerns Over Global Chip Supply Stability

Samsung Labor Tensions Raise Concerns Over Global Chip Supply Stability

(Photo=MotionElements) Rising labor tensions at Samsung Electronics, South Korea’s largest conglomerate and one of the world’s leading producers of memory chips and contract semiconductors, are drawing attention as a potential risk to global technology supply chains. The company’s main labor union has adopted a more confrontational stance ahead of a planned general strike, warning that employees who refuse to participate

Apr 28 2026
09:00 AM PST
Samyang Foods Emerges as a Key Player in $88.7 Billion Global Instant Noodle Market

Samyang Foods Emerges as a Key Player in $88.7 Billion Global Instant Noodle Market

The global instant noodle market is entering a period of robust growth, with South Korea’s Samyang Foods emerging as a key player reshaping the industry’s competitive landscape. Photo=Samyang Foods According to Data Bridge Market Research, the market is projected to reach $88.7 billion by 2032, expanding at a compound annual growth rate of 5.4%. Growth is being driven by rapid

Apr 27 2026
11:00 AM PST
AI Chip Ambitions Face Memory Constraint as Korean Firms Race to Lead Next-Generation HBM

AI Chip Ambitions Face Memory Constraint as Korean Firms Race to Lead Next-Generation HBM

(Photo=AMD) The rapid expansion of artificial intelligence computing is running into a critical bottleneck: memory supply. As U.S. technology companies push to build more powerful AI systems, their ability to scale may increasingly depend on a small group of suppliers based in South Korea. Samsung Electronics, a South Korean technology company and one of the world’s largest memory chipmakers, and

Apr 27 2026
10:00 AM PST
Hyundai Bets on New EV to Revive Fortunes in China

Hyundai Bets on New EV to Revive Fortunes in China

(Photo=Hyundai Motor) Hyundai Motor Company is turning to a new electric vehicle to regain momentum in China, as the automaker seeks to reverse years of declining sales in the world’s largest auto market. At the center of the push is the Ioniq V, a China-focused model unveiled at the Beijing International Exhibition Center. The vehicle marks Hyundai’s first attempt to

Apr 27 2026
09:00 AM PST