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CHIP FIRMS

  • Hedge funds, including FengHe and CloudAlpha, invest in South Korea's chipmakers and firms like HD Hyundai Electric. These companies support Nvidia, aided by a 26 trillion won government package, boosting the KOSPI index. Despite the depreciating wo...

    11 Jul, 2024, 08.39 PM IST
  • Japan's Nikkei and Topix surged as Wall Street's Nasdaq and S&P 500 hit records. Nikkei reached 42,179.84, driven by yen depreciation and semiconductor shares like Taiwan Semiconductor Manufacturing Co. Gains in Fast Retailing, Socionext, Sumco, Son...

    11 Jul, 2024, 09.38 AM IST
  • The National Samsung Electronics Union (NSEU), whose roughly 30,000 members make up almost a quarter of the firm's South Korean workforce, said it has decided to continue striking because management has shown no indication of holding talks after a s...

    10 Jul, 2024, 09.11 AM IST
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