South Korea

Korea’s Samsung to manufacture substrates in Vietnam to serve AI servers, large data centers

Samsung Electro-Mechanics Vietnam (SEMV), under South Korea's Samsung Electro-Mechanics (SEM), will expand activities in Vietnam by manufacturing Ultra Large Flip Chip Ball Grid Array (UL FCBGA) to serve AI servers and large data centers.

Korea’s LS Eco Energy to invest $49M in Vietnam ultracapacitor plant

LS Eco Energy, under South Korean chaebol LS Group, will invest KRW64.86 billion ($49 million) in building a new production line for medium-sized ultracapacitor cells at its Vietnamese subsidiary, LS Cable & System Vietnam.

Korai Flix agrees to $3.5B SPAC merger with APEX Tech

South Korea's Korai Flix has agreed to merge with APEX Tech Acquisition in a SPAC deal valuing the short-drama platform at $3.5 billion.

Elice shares fall in KOSDAQ debut after $151M IPO

South Korean AI infrastructure provider Elice Group fell sharply in its KOSDAQ debut after raising 201.1 billion won through an IPO.

Samsung affiliates commit $1B to Helix AI infrastructure

Six Samsung affiliates will invest a combined $1 billion in KKR-backed Helix Digital Infrastructure, with Samsung Electronics contributing $500 million.

Samsung invests $1B in KKR’s AI-infrastructure firm Helix, joining NVIDIA, Vistra

South Korea's Samsung and five affiliates will invest a combined $1 billion in Helix Digital Infrastructure, an AI-infrastructure company set up by private-equity firm KKR.

Samsung Electro-Mechanics to invest $4.9B in AI-chip substrates, including $1.8B for Vietnam

South Korea's Samsung Electro-Mechanics will invest KRW6.78 trillion won ($4.9 billion) to expand production of chip-packaging substrates in South Korea and Vietnam, its biggest bet yet on components for AI processors.

South Korea’s LG joins NVIDIA network for AI data-center cooling, deepening infrastructure push

South Korea's LG Electronics has joined NVIDIA's partner network as a preferred supplier of power and cooling systems for AI data centers.

Kakao opposes US ADR listing plan involving TPG’s Kakao Mobility stake

South Korea's Kakao has opposed a proposed US ADR listing involving shares in Kakao Mobility held by private equity firm TPG.

Korea’s ITM Semiconductor recovers $2.5M out of $9.3M embezzlement in Vietnam

South Korea's ITM Semiconductor recovered about KRW3.5 billion ($2.47 million) out of an employee embezzlement worth KRW13.2 billion at its Vietnamese subsidiary ITM Semiconductor Vietnam.