Korean shipbuilders and defense firms are positioning themselves to join the U.S. Navy’s Golden Fleet initiative as Washington seeks rapid fleet expansion. Hanwha, HD Hyundai and Samsung Heavy are exploring partnerships, bids and technology cooperation under the Make American Shipbuilding Great Again push.
Samsung Electronics and SK hynix agreed to supply memory for OpenAI’s $500 billion Stargate project under a letter of intent, with Samsung affiliates and SK Telecom taking additional roles in data center design, construction, and services.
Samsung Heavy Industries reported 75.8 billion won ($55.89 million) in operating profit in the third quarter, marking a turnaround from the same period last...
