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☆ Samsung, Jeff Bezos back Nvidia rival Tenstorrent in startup chipmaker's nearly $700 million funding round
▼ + stars: | 2024-12-03 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

The startup computing company aims to rival Nvidia with more affordable AI chips and processing. The nearly $700 million round attracted investors Samsung, Bezos Expeditions, and LG Electronics. In its latest funding round, Tenstorrent, a startup computing company that builds powerful AI hardware and software to compete with Nvidia, attracted big-name investors — including Jeff Bezos and Samsung. A company statement released Monday said its Series D funding round raised $693 million, valuing the AI chip startup at about $2.6 billion, per Bloomberg. Representatives for Tenstorrent, Samsung, and Bezos Expeditions did not immediately respond to requests for comment from Business Insider.

Persons: Jeff Bezos, Tenstorrent, Keith Witek, Ljubisa Bajic, Ivan Hamer, Milos Trajkovic, Jim Keller, Keller Organizations: Nvidia, Samsung, Bezos Expeditions, LG Electronics, Bloomberg, Samsung Securities, AFW Partners, Hyundai Motor Group, Apple, University of California, Tenstorrent, Business Locations: Seoul, Berkeley

Police stand guard in front of the main gate of the National Assembly in Seoul on December 3, 2024, after South Korea's President Yoon Suk Yeol declared emergency martial law. South Korea President Yoon on December 3 declared emergency martial law, saying the step was necessary to protect the country from "communist forces" amid parliamentary wrangling over a budget bill. The iShares MSCI South Korea ETF, which tracks more than 90 large and mid-sized companies in South Korea, tumbled 6% to hit a 52-week low. South Korean stocks dropped in the U.S. on Tuesday after President Yoon Suk Yeol invoked emergency powers and declared martial law, raising fear of instability in the world's 13th largest economy. This is the first time since 1980 a South Korean leader has issued a martial law declaration.

Persons: Yoon Suk Yeol, Yoon, Yoon Suk, — Organizations: National Assembly, South, Korea ETF, Korea Electric, KT Corporation, Korea Telecom, Korea Exchange, U.S, South Korean Locations: Seoul, Korea, South Korea, U.S, Korean, South Korean, North Korea

☆ Seoul's $322 million gambit to save the city from crushing loneliness won't fix the source of its problems
▼ + stars: | 2024-12-02 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +7 min

The city glitters, but there's a reason the locals call South Korea "Hell Joseon." Lonely deaths in South Korea increased from 3,378 in 2021 to 3,661 in 2023, per the South Korean Ministry of Health and Welfare's data. "'Seoul Without Loneliness' is a bold challenge for the city and not an easy path to take," the representative said. In 2023, South Korea recorded a suicide rate of 27.3 out of 100,000 people, the highest rate among OECD countries like the US, UK, and Japan. Kee Hong Choi, a psychology professor at Korea University, said that his country's education system needs to be "changed dramatically" to become less competitive.

Persons: hoon, Family, it's, Eva Chen, Chen, Kee Hong Choi, Choi, Sohyun Kim, Kim, Korea University's Choi, Hua University's Chen Organizations: Korea Institute for Health, Social Affairs, South Korean Ministry of Health, Korean, Business, Seoul Metropolitan Government, country's Ministry, National University of Singapore, Tsing Hua University, South Korea's National Statistics Office, Korea University, Hua Locations: Seoul, South Korea, Korea, South, Japan, That's

Dodgers slugger Shohei Ohtani claimed in court papers this week that his former interpreter is in “wrongful possession” of valuable baseball cards that rightfully belong to him. Ohtani is seeking to recover $325,000 worth of baseball cards that he claims onetime assistant Ippei Mizuhara improperly bought earlier this year, according to a U.S. district court filing by the player and his attorney, Blair Berk. Some of those stolen funds were used on collectibles, Ohtani and his lawyer said in a federal court filing on Tuesday. Japanese baseball player Shohei Ohtani speaks alongside interpreter Ippei Mizuhara at Dodger Stadium in Los Angeles on Dec. 14, 2023. Brown / AFP - Getty Images file“Between January and March 2024, Defendant purchased approximately $325,000 worth of baseball cards at online resellers eBay and Whatnot, with payments drawn on Petitioner’s bank account,” the plaintiffs said.

Persons: Shohei Ohtani, Ohtani, Ippei Mizuhara, Blair Berk, Mizuhara, Frederic J . Brown, ” Organizations: Dodgers, Dodger, Getty, Defendant, Mizuhara, National League, District of Columbia, Sports, MLB Locations: U.S, Los Angeles, AFP, Seoul, California

SEOUL, South Korea — Starbucks, one of the world’s most recognizable, if sometimes tedious, symbols of global capitalism, has a knack for choosing unique spots to open coffee shops. As of Friday, visitors to Aegibong Peace Ecopark near Gimpo, South Korea, can take in the views across the demilitarized zone and the North Korean border. “People used to think of this area near the North Korean border as a dark and gloomy place,” Kim Byung-soo, mayor of Gimpo, told NBC News. The coffeehouse’s patrons can see a North Korean village on Songaksan Mountain, as well as the environmental preservation area that the civilian-free DMZ is home to. An observation deck at a Starbucks in Gimpo, South Korea.

Persons: Baek Hea, ” Baek, SeongJoon Cho, ” Kim Byung, Kim Jong Un, Lim Jong, chul Organizations: Starbucks, Reuters, Bloomberg, Getty, NBC News, Vietnam Locations: SEOUL, South Korea, Prague, Cordoba, London, Gimpo, Korean, Seoul, North Korea, Pyongyang, Korea, Gaepung County

☆ South Korea's largest K-pop agency loses $423 million in value as girl group NewJeans set to part ways
▼ + stars: | 2024-11-29 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

SEOUL, SOUTH KOREA - NOVEMBER 28: Haerin, Danielle, Hanni, Minji and Hyein of girl group NewJeans attend the press conference on November 28, 2024 in Seoul, South Korea. K-pop girl group NewJeans hold a press conference an announcement on the termination of their contract with their agency Ador. South Korea's largest K-pop agency Hybe lost over $423 million in market cap on Friday after rookie group NewJeans announced it was terminating its contract with Hybe sub-label ADOR. In 2024, NewJeans had also won the Group of the Year Award at Billboard's Women in Music ceremony. Billboard's citation said the group scored entries across 10 Billboard charts, including the Billboard Hot 100, Billboard 200, and Billboard Global 200.

Persons: Danielle, Hanni, Hybe, NewJeans, ADOR, Min Hee, Min Organizations: SOUTH, Hybe, South, JoongAng Ilbo, Group, Billboard Locations: SEOUL, SOUTH KOREA, Seoul, South Korea, South, ADOR, South Korean, South Korea's, NewJeans, U.S

☆ NewJeans: Members of K-pop group say they are leaving agency ADOR after dispute
▼ + stars: | 2024-11-28 | by ( Story Reuters | ) edition.cnn.com time to read: +1 min

Seoul, South Korea Reuters —Members of NewJeans, one of the most popular K-pop groups, said on Thursday that they were leaving their agency ADOR, a subsidiary of powerhouse label HYBE. The latest controversy in the K-pop scene has gripped South Korea this year, with accusations, audits and an emotional press conference making headlines. The members of NewJeans announce the termination of their contract with ADOR during a press conference on November 28, 2024 in Seoul. Chung Sung-Jun/Getty ImagesThe five NewJeans members held a late-night press conference to announce their departure from the agency and said they would like to work with Min Hee-jin, ADOR’s former chief who left the agency this month. “Once we leave ADOR, we’ll aim to proceed freely with the activities that we really desire,” said Danielle, one of the band members.

Persons: ADOR, “, NewJeans, Chung Sung, Min Hee, ”, Danielle Organizations: South Korea Reuters —, ADOR Locations: Seoul, South Korea

☆ South Korea unexpectedly cuts rates by 25 basis points — first back-to-back cuts since 2009
▼ + stars: | 2024-11-28 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

A pedestrian walks past signage for the Bank of Korea in Seoul, South Korea, on Monday, Nov. 22, 2021. South Korea on Thursday cut its benchmark interest rate by 25 basis points to 3% in a surprise move, as the country strives to boost its economy that has seen tepid growth. Economists polled by Reuters had estimated the bank to hold rates at 3.25%. This also marked the first time the BOK has enacted two back-to-back cuts since 2009. It had cut rates by 25 bps in its last meeting in October.

Persons: BOK Organizations: Bank of, Reuters, bps Locations: Bank of Korea, Seoul, South Korea

☆ Johnny Somali: Controversial American live-streamer faces prison in South Korea for offensive behavior
▼ + stars: | 2024-11-27 | by ( Hanna Park | Gawon Bae | ) edition.cnn.com time to read: +3 min

CNN —A controversial American live-streamer is facing the prospect of prison in South Korea for his offensive antics, in a case that is shining a light on the rise of so-called “nuisance influencers” seeking clicks overseas. Ramsey Khalid Ismael, 24, commonly known by his online alias, “Johnny Somali,” has been indicted of causing a “commotion” at a convenience store, Seoul prosecutors confirmed to CNN. Angry locals threatened reprisals against the live-streamer in online posts following the incident. Separately, a man was arrested in Seoul last month for allegedly punching Ismael in the face, the Yonhap News Agency reported. Last year, the live-streamer was arrested in Osaka on suspicion of trespassing in a construction site, according to the Kyodo News agency.

Persons: Ramsey Khalid Ismael, “ Johnny, ”, Ismael, JTBC, John Lie, ” Lie, “, Ava Ko Organizations: CNN, MBC News, Yonhap News Agency, Kyodo News, University of California Locations: South Korea, Seoul, Asia, Instagram, Tokyo, Japan, Osaka, Hiroshima, Nagasaki, Berkeley

SEOUL, South Korea — A South Korean man hoping to avoid mandatory military service has been convicted after trying to eat his way out of it. He was sentenced to one year in prison, suspended for two years, under the Military Service Act, which allows for sentences of up to three years for evading mandatory military service without justifiable cause. The sentences were “relatively lenient” because neither of the men had previous criminal convictions, the court official said. “Most of all,” the official said, the man “accepted his wrongdoing and vowed to serve his military duty sincerely.”The official could not confirm whether the man had started his military service. Stella Kim reported from Seoul, South Korea, and Seyed Ismail Nafeesa from Hong Kong.

Persons: “, ”, Stella Kim, Seyed Ismail Nafeesa Organizations: Seoul Eastern, Court, NBC, Military Service Locations: SEOUL, South Korea, Korean, Seoul, Hong Kong

☆ South Korea convicts man over binge eating to dodge military draft
▼ + stars: | 2024-11-26 | by ( Jessie Yeung | ) edition.cnn.com time to read: +3 min

Seoul, South Korea CNN —A South Korean man who ate to the point of obesity in an attempt to dodge the army has avoided prison after he pledged to take up his mandatory military service. The man, whose age was not revealed by the court, has since “expressed his intention to fulfill his military duty sincerely,” the ruling said. Women are exempt from compulsory conscription, and volunteer females account for only 3.6% of the Korean military, according to the Defense Ministry. In a 2018 survey, 72% of Korean men in their 20s said they thought the draft was a form of gender discrimination, and almost 65% believed women should also be conscripted. Nearly 83% said it was better to dodge military service if possible, and 68% believed it was a waste of time.

Persons: “ Organizations: South Korea CNN, country’s, Amnesty International, Constitutional, Korean, Defense Ministry, ” Locations: Seoul, South Korea, Korean

☆ A South Korean man binge-eating to become too fat to serve is the latest creative attempt to dodge the country's draft
▼ + stars: | 2024-11-25 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +4 min

AdvertisementA South Korean man was given a one-year suspended sentence for evading military service. This is just the latest example of South Korean men going to extreme lengths to try to avoid serving. A South Korean man was found guilty of evading military service by deliberately putting on weight. While most South Korean men are expected to serve for at least a year and a half, shortly after finishing high school, the conscription law has a number of exceptions. This was the most common method in attempting to evade military service, with the second most common being faking a mental illness, with others falsely registering as disabled, and one internationally breaking a bone.

Persons: Kim Jong, — Organizations: The Korea Herald, country's, Korea Herald, BMI, Military Manpower Administration, South Locations: Seoul, South Korean

☆ Viral banana artwork has sold again — this time for $6.24 million
▼ + stars: | 2024-11-21 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

But artist Maurizio Cattelan’s viral creation, titled “Comedian,” has proven a sound investment for one collector: One of the artwork’s three “editions” smashed estimates to sell for $6.24 million at a Sotheby’s auction in New York on Wednesday. The auction house had estimated the work to go for between $1 million to $1.5 million; bidding began at $800,000. Prior to the sale, Sotheby’s confirmed to CNN that neither the tape nor, thankfully, the banana are the originals. The Miami installation was eventually removed amid public safety concerns, but all three editions were sold at the fair. In interviews given since the Miami installation, Cattelan has described “Comedian” as a work of commentary.

Persons: Maurizio Cattelan’s, ”, , Oliver Barker, Sotheby’s, Justin Sun, ” Sun, “, ’, Marcel Duchamp’s, David Datuna, David Galperin, ” Galperin Organizations: CNN, Art Basel Miami Beach, Guggenheim, Art Newspaper, Leeum Museum of Art, Seoul National University Locations: New York, Miami, Americas, Seoul, South Korea, London, Paris, Milan, Hong Kong, Dubai, Taipei, Tokyo, Los Angeles

• The US embassy in Ukraine’s capital Kyiv said it would be closed today after it received “specific information of a potential significant air attack.” Air raid sirens were activated in the city several times overnight. The US said it doesn’t see any indication that Russia is preparing to use a nuclear weapon in Ukraine. • Moscow’s fresh round of nuclear saber rattling follows the US move to allow Ukraine to strike targets deep inside Russia with American-made weapons. Ukraine hit a Russian weapons arsenal with the ATACMS missiles, which it fired across the border for the first time yesterday, according to two US officials — a major escalation on the 1,000th day of war. • The US has also approved sending anti-personnel mines to Ukraine for the first time, according to two US officials — another major policy shift.

Persons: Vladimir Putin, •, — Locations: Ukraine’s, Kyiv, Russia, Moscow, Ukraine, American, Russian

☆ North Korea appears to be sending its powerful howitzers to the Ukraine war, where artillery has been king
▼ + stars: | 2024-11-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

AdvertisementNorth Korea appears to have transferred different types of artillery systems to Russia. The development comes as North Korean troops are fighting against Ukraine on behalf of Russia. North Korea appears to have sent its big guns to Russia, furthering its support of Moscow's grinding war against Ukraine, a conflict in which artillery has been a dominant player. AdvertisementImages began to surface on social media last week showing what were identified as North Korean "Koksan" 170mm self-propelled howitzers traveling by rail across Russia. North Korea now shipping artillery systems to Russia — this in addition to shells, men, and missiles it is already sending.

Persons: Kasapoğlu, ZHBemaVVXM, 3lOtCi13TO — Oliver Carroll, Chung Sung, it's, Joe Biden Organizations: Ukraine, Western, Hudson Institute, Korean, Center for Strategic, Studies ' Missile, Artillery Rocket Systems, US Defense Intelligence Agency, DIA, Getty, Artillery, North Korean, Kyiv's, NATO Locations: Korea, Russia, South Korea, North Korea, Ukraine, Korean, Pyongyang, Kyiv, Moscow, Seoul, Kursk

☆ Samsung shares climb more than 7% after surprise $7 billion buyback plan
▼ + stars: | 2024-11-18 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Shares of Samsung Electronics jumped on Monday after the company unveiled a surprise plan to buy back about 10 trillion South Korean won ($7.19 billion) worth of its own stock over the next 12 months. Samsung last bought back shares in November 2017, according to data maintained by LSEG. In a regulatory filing, the company said that 3 trillion won of shares will be bought back in the next three months and canceled. While the repurchase of the remaining 7 trillion won worth of shares will be "authorized accordingly by the Board, which will decide on ways to enhance shareholder value, including when and how to use the treasury shares," it added. According to South Korean media, SK Hynix is the first chipmaker in the world to supply fifth-generation HBM3E chips in March to Nvidia.

Persons: Donald Trump, — CNBC's Arjun Kharpal Organizations: Samsung Electronics, South Korean, South, Samsung, LSEG, Board, SK Hynix, Nvidia, CNBC Locations: Seoul, South Korean

☆ K-pop agencies mostly struggled in third quarter — but 2025 may bring financial recovery
▼ + stars: | 2024-11-18 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

JYP Entertainment's boy group Stray Kids attends the 2024 SBS Music Awards Summer in Seoul. The K-pop industry has been seeing a slowdown due to declining album sales and the inactivity of record-breaking groups such as Blackpink and BTS. Members of BTS have been serving their mandatory military service, while Blackpink only announced to reunite as a group in 2025. Streaming revenue, at least during the first half of this year, has been unable to cover the loss from album sales. For the third quarter, just Babymonster — a rookie group — and solo artist Lee Seunghoon released material.

Persons: Blackpink, Hwan, wook Lee, Jang Jeong Min, Minha Choi, Yeonghoon Kang, —, Lee Seunghoon Organizations: JYP, Imazins, BTS, SM Entertainment, JYP Entertainment, YG Entertainment, Yuanta Securities, Samsung Securities, YG, NH Securities Locations: Seoul, U.S

I’m tripping over their bodies,” said Sydney Seiler, the U.S. national intelligence officer for North Korea from 2020 to 2023. “Kim Jong Un is selling North Korean soldiers as cannon fodder mercenaries,” South Korean Defense Minister Kim Yong-hyun said last month. It’s an entirely new environment for the North Korean soldiers, who live in one of the most isolated and repressive countries in the world. The Russian military is teaching the North Korean soldiers about 100 key military terms, but “North Koreans are having a difficult time learning Russian,” South Korean lawmakers Lee Sung-kwon and Park Sun-won said last month. North Korean soldiers’ inexperience could be another point of friction and a major factor in how they are deployed.

Persons: Kim Jong Un, Vladimir Putin, Putin, ”, Sydney Seiler, Seiler, Gavriil, Joe Biden, Yoon Suk Yeol, Shigeru Ishiba, Kim, “ Kim Jong, Kim Yong, hyun, John Hardie, Lee Sung, Bruce Bennett, ” Hardie, Bennett, ” Bennett, Edward Howell, “, ” Howell, Stella Kim Organizations: Ukraine, North, NBC News, U.S, The State Department, Korea’s National Intelligence Service, NBC, Center for Strategic, International Studies, Getty Images, Economic Cooperation, South Korean Defense, Pentagon, Politico, South Korea’s National Intelligence Service, North Korean, South Korean National Intelligence Service, AFP, Getty, Korean, Battalion, Russian Ministry of Defense, Foundation for Defense of Democracies, South, Sun, Rand Corp . Communication, Chatham House Locations: SEOUL, South Korea, Ukraine, Moscow, Russia, U.S, North Korea, Russian, Kursk, Korean, Korea, Washington, Pyongyang, Getty Images North Korea, South, Asia, Lima , Peru, The U.S, California, Ukrainian, London, Seoul, Hong Kong

☆ South Korean actor Song Jae-lim dead at 39
▼ + stars: | 2024-11-12 | by ( Yoonjung Seo | ) edition.cnn.com time to read: +3 min

Seoul, South Korea CNN —South Korean actor Song Jae-lim, a former model who rose to prominence in K-dramas, was found dead in Seoul on Tuesday. A police official told CNN that no evidence of foul play was found at the scene, and a note was discovered in the apartment. “Our initial investigation so far, has revealed no signs of criminal activity,” police told CNN. South Korean stars paid tribute to Song following the news of his death. How to get help Help is available if you or someone you know is struggling with suicidal thoughts or mental health matters.

Persons: Song Jae, lim, Song, ”, Rose De Versailles, … Jae, lim …, Park Ho, san, Hong Seok, cheon, “, Moon bin, Sulli, SHINee’s Kim Jong, hyun Organizations: South Korea CNN — South, Seoul Seongdong police, CNN, “, ” Police, International Association for Suicide Prevention, Befrienders, Entertainment Locations: Seoul, South Korea, ”, South

SEOUL, South Korea — As foreign governments prepare to deal with a second Trump administration, at least one key U.S. ally is hoping to make headway on the fairway. Last month, the U.S. and South Korea agreed on a new five-year cost-sharing plan for the U.S. troops. Maintaining a strong security alliance with the U.S. is especially important for South Korea given the growing hostility from nuclear-armed North Korea. That in turn could lead South Korea and even Japan to consider whether they need nuclear weapons of their own. Stella Kim reported from Seoul, South Korea, and Jennifer Jett reported from Hong Kong.

Persons: Trump, Yoon Suk, “, Donald Trump, Yoon, ”, Shinzo Abe, David Boling, Chung Sung, Abe, Abe “, Boling, ” Yoon —, ” Jeremy Chan, “ I’ve, Yoon doesn’t, he’s, ” Chan, Lydia Ko, Ko, Shigeru Ishiba, ” Boling, Chan, Choi Sang, mok, Joe Biden, Brendan Smialowski, Kim Jong, Stella Kim, Jennifer Jett Organizations: NBC, South, Eurasia Group, Trump, House, Paris Olympics, Japanese, U.S, South Korean Finance, Seoul, Getty Locations: SEOUL, South Korea, U.S, Florida , New Jersey, Virginia, North Korea, Japan, New York, Seoul, United States, East Asia, China, Northeast Asia, New Zealand, Scotland, Korea, Chiba, AFP, Hong Kong

☆ Why Ralph Lauren, the all-American luxury brand, is a hit in China
▼ + stars: | 2024-11-10 | by ( Maria Noyen | ) www.businessinsider.com time to read: +7 min

Classic luxury, which Ralph Lauren encapsulates, is resonating with Chinese consumers. "I've said it before but it bears repeating in a volatile environment, Ralph Lauren is firmly on offense," Patrice Louvet, the CEO of Ralph Lauren, said on a conference call with analysts on Thursday. Ralph Lauren classics like Polo shirts and cable-knit sweaters are a hit with Chinese consumers. Ralph Lauren targets Chinese consumers in six key cities and on local Chinese social media platforms. Sebastian Ng/SOPA Images/LightRocket via Getty ImagesWith its brick-and-mortar stores, Ralph Lauren has prospered by doing more with less.

Persons: Ralph Lauren, —, Ralph Lauren's, I've, Patrice Louvet, Xi Jinping's, Neil Saunders, Edward Berthelot, Martin, Louvet, Ralph Lauren doesn't, Zers, Sebastian Ng, Olivia Plotnick, Roll, Donald Trump's, It's Organizations: Service, New, GlobalData, McKinsey, Getty, Wai, China Locations: Asia, China, New York City, China China, Tokyo, Seoul, Shanghai, Milan, China —, Beijing, Chengdu

☆ 4B movement surges in interest among US women after Trump election win
▼ + stars: | 2024-11-09 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +9 min

“So if you’re going to hate us, then we’re going to do what we want.”What is the 4B movement? The 4B movement was decentralized and existed in various iterations online and offline, making it difficult to assess its true size and scale. “And we see each other.”The US election is inspiring conversation around 4BIt’s far too early to tell whether the 4B movement might seriously catch on in the US. Some are skeptical 4B will catch onIn Han’s view, the 4B movement is unlikely to become mainstream in the US. “I could definitely see it fueling change in some way.”Han predicts that American interest in the 4B movement will subside quickly.

Persons: Donald Trump, there’s, —, ” Ashli Pollard, Louis, Ju Hui Judy Han, Ahn Young, Han, “ It’s, ” Han, Pollard, wasn’t, ”, Alexa Vargas, “, Abby K, Kamala Harris, Joe Biden’s, Hillary Clinton’s, Hadia, hasn’t, don’t, Leda Joy Abkenari Organizations: CNN, Young, University of California, Organisation for Economic Co, OECD, Trump Locations: United States, TikTok, Korean, St, South Korea, Los Angeles, Seoul, Gangham, Boston, Florida, America

☆ How Samsung fell behind in the AI boom leading to a $126 billion wipeout
▼ + stars: | 2024-11-08 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +3 min

But the South Korea electronics giant has now fallen behind its long-time rival SK Hynix in next-generation chips that have been key component for AI silicon leader Nvidia . For years, Samsung was the undeniable leader in this technology, ahead of South Korean rival SK Hynix and U.S. competitor Micron . SK Hynix saw this opportunity. SK Hynix posted record quarterly operating profit in the September quarter. "It is fair to say that Samsung has not been able to close the gap with SK Hynix on the HBM development roadmap," Morningstar's Ito said.

Persons: SeongJoon Cho, HBM, Kazunori Ito, Brady Wang, Morningstar's Ito Organizations: Samsung Electronics Co, Bloomberg, Getty, Samsung Electronics, SK Hynix, Nvidia, Samsung, Micron, Morningstar, CNBC, U.S, Counterpoint Research, South Locations: Seoul, South Korea, South Korean, HBM

☆ Trump claims Kim Jong Un ‘misses’ him. But he faces a very different North Korean leader this time around
▼ + stars: | 2024-11-08 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +10 min

Hong Kong CNN —No United States leader has handled relations with North Korea quite like Donald Trump. But the second Trump administration will face an emboldened and arguably more dangerous North Korean leader. The North Korean leader has met with his “closest comrade” Russian President Vladimir Putin twice since last September and inked a major defense pact in June. Russian President Vladimir Putin and North Korean leader Kim Jong Un meet in Pyongyang this past June. That means the North Korean leader may look for benefit in Trump’s return.

Persons: Donald Trump, Kim Jong, ”, Kim, Trump, Kim “, Kim –, extinguishes, Vyacheslav Madiyevskyy, ’, Rachel Minyoung Lee, ” Kim, ” He’s, Biden, Vladimir Putin, Lee, Dmitry Azarov, –, Robert O’Brien, “, ” O’Brien, Chul Lim, “ Trump, Duyeon Kim, Putin –, Yoon Suk, Edward Howell Organizations: Hong Kong CNN, North Korean, Reuters, Trump, Stimson, North, South, AP, CNN, North Korea Research Center, University’s Institute, Far Eastern Studies, Center, New, New American Security, US, Korea's, Chiefs, Staff, NATO, North Korea, University of Oxford Locations: Hong Kong, States, North Korea, Pyongyang, Russia, Moscow, Ukraine, United States, South Korea, Kharkiv, Singapore, Hanoi, North, Washington, North Korean, Japan, ” Russian, China, Iran, Korea, Russian, Seoul, New American, Korean, Beijing, United Kingdom

Over 200,000 people looked up the “4B movement” on Google on Wednesday, making it one of the top trending topics on the online search engine. Of the female voters, 91% of Black women voted for Harris vs. 7% who voted for Trump, and 57% of college-educated white women voted for Harris vs. 41% who voted for Trump. Of the male voters, 37% of white men voted for Harris vs. 60% who voted for Trump, and 47% of college-educated white men voted for Harris vs. 50% who voted for Trump. Aleisa Mora, 30, posted a TikTok about the 4B movement in March after reading the English translation of the book “Kim Jiyoung, Born 1982” by Cho Nam-Joo, which is largely credited as the book that began the 4B movement. However, she said those comments only underscore her belief in why the 4B movement is needed in the United States.

Persons: Donald Trump, Meera Choi, ”, Choi, Kamala Harris, —, Harris, Joe Biden, ” Choi, Yoon Suk Yeol, Aleisa Mora, Kim Jiyoung, Cho Nam, “ We’ve, Ahn Young, we’re, ’ ” Mora, Marykate Cecilia, “, Cecilia, ” Cecilia Organizations: Google, Yale University, South, “, Trump, NBC, Data, World Bank, U.S Locations: TikTok, South Korea, South Korean, United States, Seoul

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