Samsung is bringing Mistral AI into its semiconductor operations through on-premises models designed to detect defects and optimize chip production.
The post Samsung Taps Mistral AI for On-Premises Chip Manufacturing appeared first on TechRepublic.
Samsung is bringing Mistral AI into its semiconductor operations through on-premises models designed to detect defects and optimize chip production.
The post Samsung Taps Mistral AI for On-Premises Chip Manufacturing appeared first on TechRepublic.
South Korea will launch the 614-petaflop Hangang supercomputer in December, opening high-end compute to researchers, national projects, and companies.
The post South Korea to Launch 614-Petaflop Supercomputer: What It Can Do appeared first on TechRepublic.
South Korea will launch the 614-petaflop Hangang supercomputer in December, opening high-end compute to researchers, national projects, and companies.
The post South Korea to Launch 614-Petaflop Supercomputer: What It Can Do appeared first on TechRepublic.
South Korea proposes $1.9 billion for semiconductors in its record 2027 budget, alongside major spending on power, water and logistics infrastructure.
The post South Korea Proposes $1.9B for Chips in Record 2027 Budget appeared first on TechRepublic.
South Korea proposes $1.9 billion for semiconductors in its record 2027 budget, alongside major spending on power, water and logistics infrastructure.
The post South Korea Proposes $1.9B for Chips in Record 2027 Budget appeared first on TechRepublic.
Bitcoin Magazine
South Korea’s Bitcoin ‘Kimchi Premium’ Returns
Bitcoin is up this month but there’s one place where it’s more significantly more expensive: South Korea.
The so-called Kimchi Premium — when bitcoin costs more on Korean exchanges — is back as retail investors pile back into the coin. Bloomberg first reported the news and CoinGecko data shows that bitcoin’s price is nearly 1% higher on Upbit, Korea’s biggest exchange, than Binance.
Named after a popular dish in the Asian nation, the phenomenon comes down to Korea’s market being partly walled off. Prices have historically run higher there because of strong local retail demand combined with strict capital controls and trading regulations.
As a result, the Bitcoin/won trading pair is more common in South Korea compared to the Bitcoin/U.S. dollar pair in other places. When there is demand for the asset, it will naturally be higher in the country as compared to other places.
The phenomenon has been described as a retail FOMO indicator, since Korea has few notable crypto funds and tight capital controls. The premium has reached as high as 21.5% in 2022.
Bitcoin was recently trading for $78,287, unmoved over the past 24 hours. It’s also at the same price it was seven days ago, but over the past month, the coin has rallied by 24%.
The price of the biggest digital asset started surging after the U.S. Treasury in August said it would at least double the size of its liquidity-support buyback operations. The announcement hurt the dollar but non-yielding assets like bitcoin and gold have benefited.
President Donald Trump also said the same week that the long-awaited crypto Clarity Act was an important piece of legislation, and urged lawmakers to get it over the line.
JUST IN: There's now a 59% chance Bitcoin will be above $82,500 this month, according to Polymarket.com
— Bitcoin Magazine (@BitcoinMagazine) September 1, 2026
Crypto industry bigwigs have been calling for clear rules for distinguishing between digital assets that are securities, commodities or payment stablecoins, and news that regulators will soon have such a framework has typically benefited crypto markets.
Speculators are now betting on Polymarket that there’s a 59% chance bitcoin will be above $82,500 this month, leading some to call an end to the bear market.
This post South Korea’s Bitcoin ‘Kimchi Premium’ Returns first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
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