Search results for "BUILD"
Today
06:22

SK Hynix to Invest $12.85B in Advanced AI Memory Packaging Plant in South Korea

SK Hynix plans a Cheongju HBM packaging plant (P&T7) covering ~231,400 m2 with 19T won, plus a 2025 expansion of 20T won; co-located wafer/packaging as part of a three-site strategy including Indiana and ASML orders. Abstract: SK Hynix announced a major investment to build a large HBM packaging facility in Cheongju (P&T7), co-located with wafer production, as part of a three-site packaging strategy that includes an Indiana hub and substantial ASML equipment orders to meet rising AI memory demand.
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02:51

NHN KCP and NH Bank Partner on Stablecoin-Based Payment Infrastructure

Abstract: NHN KCP and NH Bank signed a strategic memorandum of understanding to jointly build a stablecoin-based payment ecosystem and next-generation digital payment infrastructure in South Korea, aiming to fuse KCP’s network with NH Bank’s credibility to create interoperable payment and settlement models, expand merchant networks, and enable stablecoin payments across retail and corporate platforms while addressing regulatory changes. Summary: NHN KCP and NH Bank sign an MOU to co-develop a stablecoin-based payment ecosystem, leveraging KCP's network and NH Bank's credibility to enable interoperable digital payments across merchants and platforms.
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10:30

OSL CCO Emphasizes Need for Mature Compliance Settlement Layer for Stablecoin Payments at Money 20/20 Asia

Institutional-scale stablecoins require a mature compliance and risk-management settlement layer; banks must trust blockchain to handle legal custody and compliance, with OSL pursuing licensed, AI-enhanced control layers for efficient settlement. Abstract: Eugene Cheung at Money 20/20 Asia argues that scaling stablecoin payments to institutional levels hinges on a licensed, AI-enhanced control layer and a mature compliance and risk-management settlement layer to ensure effective handling of legal, custody, and settlement risks. This underpins OSL’s strategy for institution-grade infrastructure and aims to build an operationally robust system that can meet complex regulatory requirements.
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