An intensely private Korean shipping tycoon, Ga-Hyun Chung rocked the tanker industry early this year as his Sinokor Group embarked on an unprecedented buying spree.
BUSINESS / Companies
Jul 6, 2026
The supertanker tycoon making millions on Hormuz ‘shuttle runs’
Ga-Hyun Chung oversaw a successful covert project that sneaked crude oil out of the Persian Gulf through the vital waterway during the Iran war.
Choi Seung-ho, union leader at Samsung Electronics in Pyeongtaek, South Korea, in June. Cho secured a staggering windfall for semiconductor workers who were promised bonuses of roughly $400,000 this year.
BUSINESS / Companies
Jul 6, 2026
Millennial Samsung union leader’s $26 billion bonus victory turns to bitterness
South Korea’s artificial intelligence gold rush has both emboldened a new generation of Korean tech workers and created new divisions among them.
Reliant on Nvidia hardware for AI training and inferencing since its outset, Turing now handles roughly 10% of its AI training needs with Advanced Micro Devices graphics processing units.
BUSINESS / Companies
Jul 6, 2026
Self-driving startup Turing gets AMD backing and adopts AMD GPUs
The five-year-old Japanese startup is adding to its capabilities as it builds toward a commercial launch.
Sharp is targeting ¥300 billion in new business sales by fiscal 2030
BUSINESS / Companies
Jul 4, 2026
Sharp targets ¥300 billion new business sales by fiscal 2030
Sharp also plans to expand its satellite communications equipment business, including compact antennas.
Hiroo Ota (center left), CEO of Kioxia Holdings, and others unveil Kioxia's new 3D flash memory chip at its Kitakami plant in Kitakami, Iwate Prefecture, on Friday.
BUSINESS / Companies
Jul 3, 2026
Kioxia ships samples of new flash memory for AI data centers
The Tokyo-based chipmaker’s latest high-density 3D flash memory chips aim to better meet AI data center needs with better efficiency and transmission speeds.
Google has lost its fight against a record European Union antitrust fine of €4.1 billion ($4.7 billion), a development seen as likely ​to boost Europe's crackdown on Big Tech.
BUSINESS / Companies
Jul 3, 2026
Google loses fight against record €4.1 billion EU antitrust fine
The ruling by Europe’s top court is seen as being likely to boost the bloc’s crackdown on Big Tech.
Junichi Miyakawa, the head of SoftBank's telecom unit. The company's new AI-tailored-cloud venture, 49% of which will be owned by its parent group, has the potential to generate profit “on a different order of magnitude,” Miyakawa said in a recent interview.
BUSINESS / Companies
Jul 3, 2026
SoftBank plans to rent AI compute in U.S. at 10-gigawatt scale
The mobile carrier operator and group company will set up the new venture this month, aiming to supply data center capacity at a scale of 10 gigawatts by around 2030.

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The Terasaka Rice Terraces are seen with Mount Buko in the background.
What Yokoze can teach Japan about rural revival