SBS News

Memory Chips Remain in High Demand, Fueling Inflation As we just reported, although semiconductor stocks fell today , the upward trend in memory prices continues. SBS Jul 2, 2026 11:43 PM

SK Hynix Plummets 14%, Largest Drop in 17 Years; Samsung Electronics Falls 9% Samsung Electronics and SK Hynix saw sharp declines of 9% and 14%, respectively, on July 2. SBS Jul 2, 2026 6:30 PM

OECD Maintains Korea's 2026 Growth Forecast at 2.6%, Says 'Too Early' to Call End of Semiconductor Boom The Organization for Economic Cooperation and Development has maintained its economic growth forecast for South Korea this year at 2.6 percent. SBS Jul 2, 2026 6:21 PM

Smart Economy: Gold Prices Plunge 30%—Why Are Central Banks Buying Again? Gold and silver were the hottest assets at the beginning of this year. However, as we pass the midpoint of 2026, it feels almost irrelevant to bring them up. SBS Jul 2, 2026 6:04 PM

Subtitled News: "CEO Gets Tens of Billions, We Get 6 Million Won?" Internal Discord Grows Over Samsung's Compensation Plan Samsung Electronics' decision to provide 22.65 shares of company stock as a performance bonus to employees in its Device Experience division, which oversees home appliances and mobile businesses, has sparked internal conflict due to the perceived disparity in compensation. SBS Jul 2, 2026 4:35 PM

KOSPI Plunges 7.89% to 7,648 Amid Semiconductor Slump; KOSDAQ Drops 6.7% The KOSPI plummeted by more than 7 percent today , falling below the 8,000-point mark. SBS Jul 2, 2026 4:09 PM

K-Beauty Soars: Cosmetics Exports Hit Record $7 Billion in First Half The Ministry of Food and Drug Safety announced today that cosmetics exports for the first half of the year totaled $7 billion (provisional, approximately 11 trillion won), a 27.3% increase compared to the same period last year and the highest figure ever recorded for a first-half period. SBS Jul 2, 2026 3:57 PM

Manufacturing Costs Rise 4.7% Amid Hormuz Shock The outlook suggests that even with the resumption of passage through the Strait of Hormuz, the already surged logistics and insurance costs will not easily decline, and the recovery of domestic industries will exhibit a K-shaped polarization, differing significantly by sector. SBS Jul 2, 2026 3:53 PM

Seoul Apartment Jeonse Prices Rise by 5.10% This Year While the growth rate of sales prices in Seoul slowed slightly, the cumulative rise in jeonse (long-term deposit rental) prices this year has nearly reached that of sales prices. SBS Jul 2, 2026 3:21 PM

Samsung and SK Hynix to Invest 100 Billion Won in Regional National Universities to Foster Semiconductor Talent As the government pushes forward with a semiconductor mega-project centered in the Honam region, it has been reported that Samsung Electronics and SK Hynix are in discussions with Seoul National University to establish contract-based semiconductor departments at regional national universities. SBS Jul 2, 2026 2:23 PM