Asia·Jul 15, 2026
Seoul Lifts 2026 GDP Forecast to 3% as Memory Chip Exports Surge
Record profits from Samsung and SK hynix drive economic optimism, with government planning strategic investments from windfall tax revenues
By Cheng Wei-Lun · 2 min ·
Every BriefAsia story tagged Samsung, newest first.

Record profits from Samsung and SK hynix drive economic optimism, with government planning strategic investments from windfall tax revenues

Record earnings driven by chip demand for artificial intelligence threaten to widen compensation gap between divisions at South Korean tech giant
The Lee administration plans to redirect surplus tax revenue from the chip boom into infrastructure, inequality relief, and support for younger workers.