expands

Aug. 9 (Asia Today) — SK hynix is rapidly expanding its manufacturing base in South Korea as the chipmaker prepares for continued growth in global demand for artificial intelligence memory through the end of the decade.

The company is increasing capacity for high-bandwidth memory, DRAM, NAND flash and advanced semiconductor packaging across its major production sites while preparing another large-scale manufacturing hub in southwestern South Korea.

Industry research firm Omdia forecasts demand for DRAM and NAND memory to grow at an average annual rate of about 19% through 2030.

SK Group Chairman Chey Tae-won has also said he expects the global shortage of memory chips to continue through 2030.

That outlook is driving SK hynix to expand production capacity at several locations simultaneously.

Yongin becomes long-term DRAM and HBM production base

In Yongin, south of Seoul, SK hynix is focused on securing large-scale manufacturing capacity for long-term memory demand.

The company plans to build four semiconductor fabrication plants, or fabs, in phases at the Yongin Semiconductor Cluster.

Construction is underway on the first fab, known as Y1, while preparations are moving forward for subsequent facilities.

SK hynix plans to invest about 600 trillion won, or approximately $407 billion, in Yongin over the long term, making the complex a major production center for high-bandwidth memory and next-generation DRAM.

The company’s board Friday approved 35.2 trillion won ($25 billion) in investment for the second phase of the Yongin project through 2031.

Construction of the second fab, Y2, is scheduled to begin in July 2027, with its first cleanroom expected to become operational in June 2029.

The facility is expected to produce advanced DRAM products, including high-bandwidth memory used in AI servers.

Cheongju expands from NAND into AI memory hub

SK hynix is also significantly broadening the role of its Cheongju production base in central South Korea.

Cheongju was historically centered on NAND flash production, but the company is adding capacity for next-generation DRAM, advanced packaging and enterprise solid-state drives.

M15X is being developed as a new DRAM production base after SK hynix accelerated the project in response to rapidly growing AI memory demand.

The company plans to expand production of high-bandwidth memory and other next-generation DRAM products at M15X while linking the facility with nearby packaging and testing infrastructure.

P&T7, which began construction in April, is dedicated to advanced packaging for AI memory products, including high-bandwidth memory.

The facility will handle semiconductor packaging and wafer testing, adding back-end manufacturing capacity to SK hynix’s existing front-end wafer fabrication operations.

SK hynix announced in January that it plans to invest about 19 trillion won, or $12.9 billion, in P&T7.

The company has said Cheongju will become a major center for AI memory production as demand for high-bandwidth memory continues to rise.

NAND capacity will also expand through M17.

SK hynix’s board recently approved 19.1 trillion won, or about $12.9 billion, for the new facility.

Construction of M17 is scheduled to begin in February 2027, with its first cleanroom expected to open in December 2028.

The facility will produce NAND flash memory for applications ranging from personal computers to enterprise and AI servers.

New $271 billion semiconductor hub planned in southwest

SK hynix is also planning a major new production base in southwestern South Korea.

The company plans to invest about 400 trillion won, or approximately $271 billion, in phases to develop a new semiconductor cluster beyond its existing Yongin and Cheongju operations.

The precise location, fab configuration and construction timetable have not yet been finalized.

The company has said rapid growth in AI services could eventually create memory demand that cannot be met by its existing expansion plans alone.

The southwestern project is therefore expected to become another major pillar of SK hynix’s long-term manufacturing network.

Together with planned investments of about 600 trillion won ($407 billion) in Yongin and 100 trillion won ($67.9 billion) in Cheongju, the southwestern project forms part of an approximately 1,100 trillion won ($781.3 billion) long-term domestic semiconductor investment strategy.

Icheon retains research and advanced production role

SK hynix’s headquarters in Icheon, Gyeonggi Province, is expected to retain its role as a major research, development and manufacturing center.

The site operates the M10, M14 and M16 fabs, with M16 serving as a key production base for advanced DRAM.

As new production sites are added elsewhere in South Korea, Icheon is expected to remain an important center for both research and advanced memory manufacturing.

The overall strategy combines continued use of existing facilities with the addition of substantial new manufacturing capacity to respond to rising AI memory demand.

Chongqing sale review separate from South Korea expansion

Separately, SK hynix is reviewing options for its semiconductor packaging and testing plant in Chongqing, China, including a possible sale.

The company stressed that the review of its Chongqing operation is separate from the expansion of production capacity in South Korea.

“Nothing has been decided, and we may ultimately decide not to sell it,” an SK hynix official said. “It is one of several options being considered as part of our global fab operations.”

The official said the company’s new investments in South Korea are intended to secure additional production capacity.

The Chongqing facility handles semiconductor packaging and testing, the back-end manufacturing processes that prepare chips for final use.

SK hynix’s expansion strategy reflects the increasingly important role of high-bandwidth memory and other advanced memory products in AI computing, where rapidly growing server deployments are driving demand for both processing power and memory capacity.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260810010002802

Under a new licensing agreement, Netflix will be streaming “The Walking Dead” franchise globally.

Netflix and AMC Global Media, the network that originally aired the zombie series, inked a new five-year co-streaming deal, according to a press release on Thursday. Both companies will be able to show the original “The Walking Dead” series and its six spinoffs on Netflix and AMC+. The deal is valued at $500 million, AMC Global Media said in its second-quarter earnings report.

“This deal creates a global destination for this universe — all shows, all episodes — making the franchise more accessible than ever to fans around the world. In addition, the co-exclusive agreement allows us to bring the original series to AMC+ for the first time early next year,” Kristin Dolan, the company’s chief executive, said in a statement. “This agreement is a fantastic result for our companies, for the fans and for this timeless IP.”

AMC Global Media is renting the franchise, not selling it. The five-year licenses run separately for each show, with start dates that vary based on territory and the expiration of existing streaming deals. The rights to “The Walking Dead” revert to AMC Global Media when the term ends.

The company also keeps global rights to run the “Walking Dead” universe on its own services throughout. Dolan told investors the agreement would supply what she called “a meaningful source of cash flow for years to come,” framing it as evidence that the company’s library still commands premium prices even as its cable business shrinks.

The agreement will extend the franchise’s reach on Netflix in places like the U.K., Italy, Australia and New Zealand — making episodes available beginning in 2027.

“The Walking Dead” premiered on the AMC network in 2010, introducing audiences to the high-stakes world of a zombie apocalypse. In 2011, the series began streaming exclusively on Netflix in the U.S. The show aired for 11 seasons and became one of AMC’s most influential shows. Other popular programs from the network include “Mad Men” and “Breaking Bad.”

“Audiences have discovered and loved ‘The Walking Dead’ on Netflix for nearly 15 years and the show continues to attract new fans,” Lori Conkling, Netflix’s vice president of licensing, said in a statement.

The deal landed alongside a rough quarter. AMC Global Media reported second-quarter revenue of $547 million, down 9% from a year earlier, and a loss of 51 cents a share, compared with 91 cents in profit in the same period last year. Operating income fell to about $16 million from $64 million.

Netflix’s second-quarter earnings showed mixed results. The company‘s revenue rose 13% to $12.6 billion; its net income was $3.4 billion, up 9% from a year ago; and its advertising business is on track to reach $3 billion in revenue this year, double the amount in 2025.

The same filing offered some details on Netflix’s acquisition of InterPositive, the AI post-production startup founded by Ben Affleck, for $587 million in cash in March.

But Netflix’s stock price has continued to waver due in part to investor concerns about the streamer’s future growth.

White House hails pledge that seeks to shield consumers from the cost of energy for data centres as ‘historic’.

US President Donald Trump’s administration has said it will expand a voluntary pledge seeking to shield consumers from the energy costs of the rapid expansion of data centres, mostly used by artificial intelligence companies.

The White House announced on Thursday that it would add state governors and electricity companies to the agreement, first announced with tech and AI firms in March. But the US administration stopped short of any enforceable protections.

The White House called the expansion of the pledge “historic”, saying 200 additional utilities, data centre developers and states would join it.

The pledge is a “public commitment that hyperscalers, AI companies, and the utilities and data-center developers behind them will build, bring, or buy every kilowatt their facilities need — and cover every dollar of the infrastructure that delivers it”.

It says consumers would not foot the bill for AI’s energy needs.

In remarks about the pledge at the Environmental Protection Agency on Thursday, Trump called on the gathered executives and governors to sell the public on data centres, stressing that the cities and towns that have them will be “rich.”

“You have to convince your community. You can’t fight it. You have to go with it,” Trump said.

“If you don’t take all that money, somebody else is going to take it. You might as well do it yourselves.”

The US president has been a strong advocate for AI, which has become an enormous source of investment and a key priority for the country’s powerful tech sector. Trump has approached the sector, which includes some of his close allies, with a light regulatory touch during his second term.

But increased electricity demand from AI data centres could spur an increase in monthly utility bills between 15 and 40 percent by the year 2030, according to an analysis by the consulting and technology services company ICF.

A May Gallup poll suggested that seven out of 10 people in the US oppose the construction of AI data centres in their area, with about 48 percent saying they were strongly opposed. Slightly more than 25 percent said they favoured such efforts, with only 7 percent saying they strongly favoured them.

Concerns over the impact of such centres on the cost of utilities, such as electricity and water, are commonly cited as reasons for opposition, along with quality of life concerns and scepticism about the benefits of AI.

Some elections across the country have seen AI data centre construction emerge as a prominent issue, but the industry has pushed forward with plans to rapidly scale up infrastructure for the technology.

A poll from Johns Hopkins University in June suggested that Americans strongly favour greater regulation of AI, and about 60 percent of respondents said they expected AI to increase inequality over the next decade.

Four in 10 respondents said that AI companies stand to increase their power the most from the expansion of the technology, while just one in 10 said that individuals would gain the most.

The US military’s 11th consecutive night of strikes extended to Iranian provinces not previously hit, marking a broadening of the campaign. As Al Jazeera’s Tohid Asadi reports from Tehran, rising civilian casualties and mounting economic pressures are fueling questions about whether diplomacy is possible.

Iranian officials say US strikes across Bushehr province damaged civilian infrastructure, including areas near the Bushehr nuclear power plant, airports, logistical facilities and fishing wharfs where several fishing boats caught fire. The US says strikes were aimed at military targets.

Caracas, July 2, 2026 (venezuelanalysis.com) – United States Southern Command (SOUTHCOM) Commander General Francis Donovan has announced the deployment of some 2,000 military personnel in response to Venezuela’s June 24 earthquakes.

“The US military, the Department of War, has roughly 2,000 teammates in the area on land, air, and sea around Venezuela,” Donovan said in a Wednesday press briefing. On Tuesday, Donovan told Reuters that US forces had 900 servicemen and women in Venezuelan territory.

The US general claimed that the military presence aims to improve logistics and that US forces will leave once “they are done.” He also expressed confidence that the mission would improve “military-to-military” relations with Venezuela.

Washington activated its response force in the wake of the 7.2- and 7.5-magnitude double earthquakes that caused widespread destruction in the Caribbean nation, especially in coastal La Guaira State. The latest official figures reported 2,295 dead and over 11,000 injured, with thousands still declared missing.

Alongside specialized urban search and rescue units, US forces have also dispatched a significant contingent of Marines together with air and sea assets.

After carrying out repair works on a runway, the US Air Force’s Contingency Response Element (CRE) has been conducting “airfield management, air traffic coordination, communications, and security” at the Simón Bolívar International Airport. SOUTHCOM press releases have documented the arrival of multiple military transport aircraft, while MQ-9 Reaper drones and combat helicopters have conducted intelligence reconnaissance over Caracas and other affected areas.

US forces have likewise taken a position at La Guaira port with the docking of the amphibious USS Fort Lauderdale warship. US officials have assessed conditions and necessary works at the port and aim to establish a “vital command-and-control node” for the delivery of humanitarian aid.

In a Thursday press conference, Venezuelan Acting President Delcy Rodríguez thanked US President Donald Trump and Secretary of State Marco Rubio for their “permanent contact and support.” She went on to acknowledge the US’ “major logistical deployment to receive humanitarian aid.”

Since the January 3 military strikes on Caracas and kidnapping of Venezuelan President Nicolás Maduro, the Trump administration has dramatically increased its foothold in the Caribbean nation. The Venezuelan legislature has approved multiple reforms catered to Western corporate interests, while oil export revenues are currently controlled by the US Treasury Department.

In addition, US forces ran military drills over Caracas on May 23 and conducted an extrajudicial execution of an alleged gang leader in southeastern Bolívar state in June in “coordination” with Venezuelan security forces.

Following the recent natural disaster, the US Treasury Department issued a time-limited license allowing relief-related transactions with Venezuela while maintaining its wide-reaching sanctions regime in place.

Washington and its allies likewise hold billions worth of Venezuelan frozen assets, including 31 tonnes of gold deposited at the Bank of England that the UK government has refused to release.

Edited by Lucas Koerner in Caracas.

[Updated on July 3 to include Rodríguez’s comments]

June 30 (Asia Today) — South Korean battery materials producer EcoPro Group is expanding its investment in an Indonesian nickel smelter to more than double its access to the critical mineral used in electric vehicle batteries.

EcoPro and its subsidiary EcoPro BM plan to increase their combined stake in the Bahodopi Nickel Smelting Indonesia project to 39%, becoming major shareholders and taking a leading role in its development. The smelter is under construction at the International Green Industrial Park on the Indonesian island of Sulawesi.

The total investment is estimated at about 1.5 trillion won, or $967 million, based on an exchange rate of 1,550.77 won per dollar.

EcoPro completed the first phase of its Indonesian investment over the past four years, securing rights to about 29,000 metric tons of nickel. Once the second phase is completed, the group expects its total nickel supply rights to reach about 65,000 metric tons.

The group also plans to increase the BNSI smelter’s annual production capacity from the originally planned 66,000 metric tons to 90,000 metric tons. EcoPro said that would be enough nickel for batteries used in about 2 million electric vehicles.

The investment is part of EcoPro’s effort to secure raw materials directly and reduce the cost of nickel-rich cathode materials used in nickel-cobalt-manganese batteries.

EcoPro said it intends to establish an integrated supply chain covering nickel, precursors and cathode materials. The company said the structure is designed to meet U.S. requirements limiting reliance on prohibited foreign entities in clean-energy supply chains. U.S. tax rules restrict access to certain clean-energy credits when components or critical minerals receive material assistance from such entities.

EcoPro expects greater control over raw-material procurement to improve its cost competitiveness and strengthen its ability to win orders from global battery-cell manufacturers and automakers.

EcoPro BM will finance the investments through a 1.2 trillion won, or about $774 million, rights offering. Its board approved the issuance of 9,900,990 new common shares Tuesday.

Of the proceeds, 915 billion won, or about $590 million, will be used to acquire the BNSI stake and complete remaining investments in EcoPro BM’s Hungarian subsidiary.

An additional 135 billion won, or about $87 million, will be used as operating capital, including purchases of raw materials. The remaining 150 billion won, or about $97 million, will finance production facilities.

EcoPro, the group’s holding company, plans to subscribe for more than 120% of the shares allocated to it. The company said the decision demonstrated confidence in the Indonesian mineral business and a commitment to minimizing concerns about the dilution of shareholder value.

“This rights offering is a strategic decision to establish an early position in the global nickel market and improve our competitiveness in nickel-cobalt-manganese cathode materials,” EcoPro BM Chief Executive Officer Choi Moon-ho said.

“By combining EcoPro’s high-nickel technology with a decisive cost advantage, we will work to secure leadership in the global market for nickel-based batteries,” Choi said. EcoPro BM’s official English-language materials identify its chief executive as Choi Moon-ho.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260630010010768

June 9 (UPI) — The U.S. Food and Drug Administration on Tuesday added bemotrizinol to the list of permitted active ingredients in over-the-counter sunscreens, the first addition to that list since the 1990s.

The Department of Health and Human Services “is advancing innovation by bringing a new sunscreen ingredient to the U.S. market for the first time in 20 years,” HHS Secretary Robert F.Kennedy Jr said. “Bemotrizinol has been used safely in Europe for decades, and FDA’s action will increase competition and consumer confidence in sunscreen products.

The FDA said the ingredient has low levels of absorption through the skin and into the body and is generally recognized as safe and effective for adults and children 6 months old and older.

The American Chemical Society said that BEMT blocks ultraviolet A and ultraviolet B light rays and was first used in sunscreens in the European Union in 2000, with Canada, Australia and some countries in Asia following suit soon after.

UV B rays have more energy, cause visible sunburns and are the ones blocked by most U.S. sunscreens today. However, UV A rays can also cause skin cancers, the American Cancer Society said. They also cause skin cells to age and can cause indirect damage to cells’ DNA. The ACS said about 95% of the UV rays that reach the ground are UV A rays.

The FDA said an over-the-counter monograph drug, such as a sunscreen product, can enter the market without an approved drug application if it meets certain requirements. DSM Nutritional Products LLC submitted an OTC monograph order request to add BEMT, at concentrations up to 6%, as a new active ingredient in the OTC monograph for sunscreens. The FDA proposed to add BEMT in December, and the public could submit comments through Jan. 26.

Published on 01/06/2026 – 7:06 GMT+2•Updated
7:10

Crude prices climbed in early Asian trading on Monday after Israeli troops pushed further into Lebanon over the weekend, fuelling investor fears that the broader Middle East conflict could escalate rather than move towards a peace deal.

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At the time of writing, West Texas Intermediate (WTI) crude was up 2.88% at $89.88 per barrel, while Brent crude rose 2.43% to $93.33 per barrel.

The Israeli advance has taken place despite a nominal ceasefire in place since 17 April and just days before the next round of direct talks between Lebanon and Israel, scheduled at the State Department on 2 and 3 June.

Asia-Pacific markets mixed

In other early trade dealings on Monday morning, Asia-Pacific markets were mixed with South Korea’s Kospi climbing 1.31%, while Japan’s Nikkei 225 edged up 0.17%. The broader Topix index, however, slipped 0.3%.

Australia’s S&P/ASX 200 fell 0.21%, while Hong Kong’s Hang Seng Index gained 0.73%. Mainland China’s CSI 300 dipped 0.32%.

Tokyo-listed shares in SoftBank Group, meanwhile, surged 5% after the Japanese conglomerate unveiled plans to invest €45 billion over the next five years to develop artificial intelligence infrastructure in France.

Wall Street pushes into record books

In the US, stock futures were flat after Wall Street pushed further into the record books on Friday. The major indexes extended the market’s recent winning streak and closed out a solid month of gains.

The S&P 500 rose 0.2%, notching its seventh consecutive gain and ninth straight winning week — the longest such streak since 2023. The benchmark index set an all-time high for the fourth day in a row.

The Dow Jones Industrial Average gained 0.7% and the Nasdaq composite added 0.2%. The Dow and Nasdaq also reached new heights after posting record highs earlier last week.

Big technology stocks have been behind much of the market’s record-breaking streak. Their pricey stock values give them more influence in directing the market higher or lower. In May alone, technology stocks within the S&P 500 rose more than 15%, while most of the sectors in the benchmark index actually lost ground.

“The rally has been largely tech-led and supported by resilient earnings, but the key question is whether it can be sustained,” wrote Angelo Kourkafas, senior global strategist at Edward Jones, in a research note.

Tech stocks also powered the market higher Friday. Microsoft rose 5.4% and Broadcom gained 4.7%.

Additional sources • AP

Just over the Litani river line, the IDF has confirmed it has captured one of the key strategic prizes in the area – Beaufort Castle. It was built as a fortress commanding views from high on the cliffs above the Litani river by the Crusaders some 900 years ago, and has been fought over many times since.

May 22 (Asia Today) — HD Construction Equipment said Friday it signed an agreement with Ukraine’s Mykolaiv regional government to expand cooperation on postwar reconstruction.

The memorandum of understanding was signed Thursday at HD Hyundai’s Global R&D Center in Pangyo, south of Seoul. Attendees included Mykolaiv Gov. Vitaliy Kim, HD Hyundai Vice Chairman Cho Young-cheul and HD Construction Equipment President Moon Jae-young.

The agreement expands cooperation that began in 2023, when HD Construction Equipment worked with the Mykolaiv regional government on construction equipment donations and training.

The two sides agreed to broaden cooperation to include equipment supply, a local training center, service and maintenance support, financing systems and energy infrastructure restoration.

HD Construction Equipment has continued reconstruction talks with Ukrainian government and local officials since the war began. In 2023, Ukraine’s first deputy infrastructure minister, Vasyl Shkurakov, visited the company’s Ulsan campus, leading to further discussions on rebuilding projects.

The company later donated five major pieces of equipment, including excavators and forklifts, to Mykolaiv. The equipment is still being used for emergency recovery and infrastructure restoration work.

HD Hyundai said it plans to pursue a groupwide reconstruction cooperation model combining its construction machinery and energy capabilities.

“We will build a cooperation system that can make a practical contribution to Ukraine’s reconstruction, going beyond simple equipment supply,” Cho said.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260522010006601

May 23 (UPI) — The Centers for Disease Control and Prevention on Saturday added two more airports that travelers to the United States can be routed through for Ebola screening when entering the country.

The enhanced travel screening announced earlier this week by the CDC and the Department of Homeland Security is meant to screen people for the virus on entry to the country if they have been in the Democratic Republic of Congo, South Sudan or Uganda.

The outbreak, which started in the DRC and has spread to neighboring South Sudan and Uganda, is estimated to have 750 suspected cases and 177 suspected deaths, the World Health Organization on Friday said, adding that the “real scale of the outbreak is likely far larger.”

The CDC first issued restrictions on Thursday for Americans returning to the United States to be screened at Washington Dulles International Airport in Washington, D.C., before continuing on to their final destinations.

The two additional airports will be Hartsfield-Jackson Atlanta International Airport, which started to accept travelers at 11:59 p.m. EDT on Friday, and George W. Bush Intercontinental Airport in Houston, which will start to accept travelers on Tuesday, May 26, at 11:59 p.m. EDT, the CDC said on Saturday.

“These travelers will have their air travel re-routed to arrive at select airports,” CDC officials said in the update.

The enhanced health screening includes being escorted to a designated screening area; completing a questionnaire about their travel history and symptoms; having their temperatures checked using non-contact thermometers; and observation by CDC staff for signs of illness.

“Travelers with fever or other symptoms that could be Ebola will receive additional evaluation by a CDC public health officer,” the agency said.

“If the assessment shows that a traveler may be sick with Ebola, the traveler will be transferred to a hospital for further medical evaluation,” it said.

The WHO on Friday raised the national risk assessment during the outbreak in the DRC to “very high,” but officials said that global risk for infection with the Bundibugyo strain of the Ebola virus, for which there is no approved vaccine.

WHO Director-General Tedros Adhanom Ghebreysus during a meeting on Friday thanked the efforts of neighboring nations in Africa who have assisted during the outbreak, as well as the various regional and global health agencies that also have done so.

Although the United States last year pulled out of the WHO, the U.S. State Department said on Saturday that it has activated a dedicated Ebola Response Task Force that is led by “senior experts with direct experience managing prior Ebola outbreaks” in 2014 and 2018.

The department also has deployed a Disaster Assistance Response Team and provided $32 million in assistance to U.S. partners in the region, it said in a press release.

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