By Ankur Banerjee SINGAPORE, July 23 (Reuters) - Asian stocks rose on Thursday after U.S. technology firms outlined significant capital spending plans that are likely to benefit chipmakers in the
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South Korea's KOSPI broke 7,000 Thursday as Citi keeps a bullish 10,000 target despite the index's recent volatility.
<p>The region powered gains in VXUS this year.</p>
South Korea’s economic growth slowed in the second quarter after robust first-quarter, but remained resilient as brisk chip exports offset weak private consumption and construction investment.
Micron Technology, SK Hynix, and Samsung hit $1 trillion or more in market cap this year due to surging demand for memory chips.
Samsung is in talks to invest in French foundational model company Mistral at a potential €20 billion valuation, the FT reports .
Executive vice-president James Choi discusses the CDMO’s growth strategy and acquiring its first US manufacturing site from GSK.
Samsung Electronics on Wednesday unveiled a passport-sized foldable phone and raised prices of two updated foldable models, as it grapples with rising memory chip prices while bracing for a new threat from Apple in the niche but growing segment. The South Korean technology company pioneered foldable smartphones but its dominance is set to be challenged by Apple which analysts expect this year to launch a foldable phone with a screen similar in size to an iPad mini. "Strategically, this is one of Samsung's most important foldable launches," said Francisco Jeronimo, vice president at researcher IDC.
Samsung’s new Galaxy Z Fold8 is the lightest book-style foldable phone on the market, but that’s not the headline. Based on analyst reports, it’s a preview of Apple’s long-rumored folding iPhone, expected this fall. The device is squatter and wider than Samsung’s previous foldables.

Samsung is debuting its latest foldable smartphones just a few months before Apple's own foldable is expected to hit.
Mistral funding talks highlight growing demand for OpenAI alternatives
Samsung Electronics has tapped former Hyundai Motor Co. Ltd. robotics executive Lee Dongkun to help turn humanoid robots and physical AI into a major growth business, placing its newly created robotics division directly under the company’s chief executive. Former Hyundai...
Samsung Electronics is in talks to invest in French artificial intelligence startup Mistral AI, the
Korean authorities are working to restore order following on-again-off-again appetite for artificial-intelligence trades, but analysts say it will be difficult to keep AI-driven volatility in check.
Jim Cramer made his stance clear during Monday’s Mad Money episode, confirming that his Charitable Trust is holding firm on Apple Inc. (NASDAQ:AAPL) despite relentless criticism from tech commentators. Rebuffing market anxiety over delayed AI features, Cramer argued: There is some real opportunity here, and I’m not blind to it. That said, let me tell […]
TrendForce has become the first major research house to call the end of the current memory upcycle for NAND flash, the non-volatile storage chips that retain data without power and sit inside phones, laptops, memory cards and the solid-state drives used across data centres. The Taiwanese firm...
South Korea's Samsung is in talks to invest hundreds of millions of euros in the AI start-up Mistral, as part of a fundraising round that could value the group at roughly €20 billion ($22.81 billion), Financial Times reported on Wednesday, citing sources. Samsung could invest about €1 billion in the new round, the report said, adding that Swedish investor EQT’s Scaleup Europe Fund is in talks to back the fundraising round. In April, Samsung said it would considerinvestment and acquisitions where necessary to accelerate development and commercialisation in robotics, while combining partnering local companies for technology development.
One scoop to start: A consortium of investors led by Amit Bhatia and backed by the Mittal family is in talks to buy a significant minority stake...
Samsung is in talks to invest hundreds of millions of euros in the AI start-up Mistral, a move that would bolster the French company’s efforts...
Samsung restructures its US consumer electronics division and moves its HQ to Texas to accelerate semiconductor and AI growth.
Investors have a new gauge to assess the markets before they open in the West, as Bloomberg reports that South Korea’s technology-heavy Kospi Index is gradually becoming a new benchmark for global artificial intelligence trade. A Shared Volatility Ecosystem Bloomberg...
Kospi surged 5% and the Nikkei gained too Wednesday as Asian chipmakers extend last week's AI selloff rebound.
(Bloomberg) -- South Korea’s risk-loving retail investors are flocking to a leveraged instrument that has inflicted severe losses in the past, adding to concerns about abrupt unwinding of wagers as the stock market gyrates.Most Read from BloombergApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Sets 100% Tariff on Generic Drugs With Two-Year DelayTrump Extends Pardons to Companies, Echoing a 17th Century KingSpaceX Set to Unlock $116 Billion in Shares After IPO Res
New AI-powered wellness features and health metrics beta begin next month as Samsung expands its connected health ecosystem.
New robotics hubs, leadership hires and analyst optimism highlight Samsung's expanding AI-driven robotics strategy.
New division signals long-term ambitions beyond smartphones and chips
Samsung Electronics (KOSE:A005930) is back in focus after the United States International Trade Commission opened a new investigation into whether certain Samsung memory products infringe Netlist patents, potentially affecting imports into the US. See our latest analysis for Samsung Electronics. Samsung Electronics' share price has been volatile, with a 6.76% gain over the last day but down 26.41% over 30 days. The 90-day share price return of 19.77% sits against a very large 1-year total...
The no-annual-fee Samsung Galaxy Card earns 5% cash rewards on Samsung purchases and integrates with Samsung Wallet
The new RX, or Robotics eXperience, unit will report directly to CEO TM Roh and establish research hubs in the U.S., China, and Japan