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As part of South Korea's President Lee flagship industrial strategy, Samsung Group and SK Group are preparing to announce an investment program of up to 2,000 trillion won (about $1.3tn) over the next decade. Reports say Samsung and SK Hynix would ea

2026-06-29

As part of South Korea's President Lee flagship industrial strategy, Samsung Group and SK Group are preparing to announce an investment program of up to 2,000 trillion won (about $1.3tn) over the next decade. Reports say Samsung and SK Hynix would each build four to five semiconductor fabs in Gwangju. Samsung also plans a chip packaging plant in Chungcheongnam-do; SK Hynix is set to expand a NAND plant in Chungcheongbuk-do.

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2026-06-29

China's Shanghai Composite Index fell below 4,000 points, down 0.69% on the day.

China's Shanghai Composite Index fell below 4,000 points, down 0.69% on the day.
2026-06-29

June 29 — China commissioned its highest-latitude concentrated solar power (CSP) plant: China General Nuclear’s Jixi base 100 MW CSP in Daan, Jilin province, the country’s first CSP in Northeast China. The project represents a technical breakthrough

June 29 — China commissioned its highest-latitude concentrated solar power (CSP) plant: China General Nuclear’s Jixi base 100 MW CSP in Daan, Jilin province, the country’s first CSP in Northeast China. The project represents a technical breakthrough for solar thermal power deployment in high-latitude, severe-cold regions.
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