📡 On-the-hour News | 16:00–17:00
1. Samsung Electronics is considering converting the “2nd line” of its E&I NRD-K R&D park into a contract manufacturing site to expand output of 2nm HBM base chips, targeting customers such as NVIDIA. It is expected to be operational in the second half of 2028, with an investment of about 200 trillion KRW.
2. Cixin Capital acquired Alibaba Lingxi Interactive Entertainment for over $1.5 billion (about RMB 10.1 billion). The deal covers games including 《Romance of the Three Kingdoms: Strategic Edition》 and multiple studios.
3. Singapore police reported a cryptocurrency scam that caused losses of about $11.8 million. It used fake job postings and compromised software. The attackers infiltrated corporate systems through malicious coding tests and by stealing session tokens.
4. In the first half of SK hynix’s fiscal year 2026, revenue was 131.90 trillion KRW, while net profit attributable to shareholders was 134.15 trillion KRW, up 788.16% year over year.
5. China Mobile announced it will roll out a nationwide unified Token plan tariff to accelerate AIDC production. In the first half of the year, it has already completed designs for multiple tiers and piloted them across multiple provinces.
6. The Guangzhou Haizhu District released the “Token Eight Measures” policy covering the production, circulation, consumption, and value-added stages of tokens. Single-item support can be up to RMB 5 million, and it also launched a “Token Loan” product, with initial trial credit of RMB 28 million.
7. The U.S. SEC canceled a public meeting originally scheduled for Friday. The meeting had been intended to consider a custom issuance制度 for investment contracts tied to crypto assets. Prospects for crypto market-structure legislation are becoming even less clear.
8. The White House expects to convene on August 19 a meeting with industry officials from the cryptocurrency and prediction markets sectors; details have not been set.
1. Samsung Electronics is considering converting the “2nd line” of its E&I NRD-K R&D park into a contract manufacturing site to expand output of 2nm HBM base chips, targeting customers such as NVIDIA. It is expected to be operational in the second half of 2028, with an investment of about 200 trillion KRW.
2. Cixin Capital acquired Alibaba Lingxi Interactive Entertainment for over $1.5 billion (about RMB 10.1 billion). The deal covers games including 《Romance of the Three Kingdoms: Strategic Edition》 and multiple studios.
3. Singapore police reported a cryptocurrency scam that caused losses of about $11.8 million. It used fake job postings and compromised software. The attackers infiltrated corporate systems through malicious coding tests and by stealing session tokens.
4. In the first half of SK hynix’s fiscal year 2026, revenue was 131.90 trillion KRW, while net profit attributable to shareholders was 134.15 trillion KRW, up 788.16% year over year.
5. China Mobile announced it will roll out a nationwide unified Token plan tariff to accelerate AIDC production. In the first half of the year, it has already completed designs for multiple tiers and piloted them across multiple provinces.
6. The Guangzhou Haizhu District released the “Token Eight Measures” policy covering the production, circulation, consumption, and value-added stages of tokens. Single-item support can be up to RMB 5 million, and it also launched a “Token Loan” product, with initial trial credit of RMB 28 million.
7. The U.S. SEC canceled a public meeting originally scheduled for Friday. The meeting had been intended to consider a custom issuance制度 for investment contracts tied to crypto assets. Prospects for crypto market-structure legislation are becoming even less clear.
8. The White House expects to convene on August 19 a meeting with industry officials from the cryptocurrency and prediction markets sectors; details have not been set.