The Republic of Korea’s outbound shipments surged 68.7% year-on-year in August to reach $98.25 billion, driven by sustained global demand for high-performance memory chips and artificial intelligence infrastructure. Data released by the Ministry of Trade,...
Tag : ai infrastructure
Samsung Electronics plans to start operations at its first chip plant in Yongin in 2029. The revised target brings the opening forward by one to two years from the earlier 2030 to 2031 schedule. The...
Amazon CEO Andy Jassy met Indian Prime Minister Narendra Modi in New Delhi and announced plans to invest $48 billion in India from 2026 to 2030. The plan includes an additional $13 billion for artificial...
Nvidia has signed artificial intelligence and data centre agreements with major South Korean companies, widening its role in the country’s AI infrastructure buildout. The agreements involve SK Hynix, SK Telecom, NAVER and Doosan Group. The companies...
South Korea’s information and communication technology exports rose 125.9% from a year earlier to $42.71 billion in April, extending a semiconductor-led surge and marking the second consecutive month the sector has remained above $40 billion....
MENA Newswire, SEOUL: South Korea’s exports of information and communication technology products rose more than 12 percent in 2025, underscoring the country’s central role in the global supply chain for artificial intelligence hardware and advanced digital components. Government data...
NEW DELHI, October 14, 2025: Google has announced the launch of its first artificial intelligence hub in India, with a USD 15 billion investment to develop a large-scale AI infrastructure campus in Visakhapatnam, Andhra Pradesh....
ABU DHABI, United Arab Emirates, Sept. 29, 2025: UAE President Sheikh Mohamed bin Zayed Al Nahyan met with OpenAI Chief Executive Officer Sam Altman on Saturday in Abu Dhabi, where they discussed potential avenues for...
Global semiconductor revenue reached $655.9 billion in 2024, marking a 21 percent increase from $542.1 billion in 2023, according to final figures released by market intelligence firm Gartner. The significant growth reflects rising investment in...