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Seoul to Invest 1.5 tln Won to Bolster Competitiveness in Chip Industry

Seoul to Invest 1.5 tln Won to Bolster Competitiveness in Chip Industry

SEOUL, Jul. 30 (Korea Bizwire) — South Korea vowed Monday to invest 1.5 trillion won (US$1.34 billion) over the next 10 years to maintain its global competitiveness as the country’s industry minister visited key semiconductor production lines of Samsung Electronics Co. and SK hynix Inc. “In order to have South Korea maintain its reputation as [...]

Advanced Technology Leaked to China by Korean and Chinese Nationals

Advanced Technology Leaked to China by Korean and Chinese Nationals

SEOUL, Jul. 27 (Korea Bizwire) — Police authorities have apprehended Korean and Chinese nationals who accepted large sums of money in exchange for providing Chinese companies with information on advanced technology. An international criminal investigation team at the Seoul Metropolitan Police Agency announced yesterday that a 57-year-old individual referred to only as Ryu was arrested [...]

SK hynix to Build New Plant in Icheon with 3.5 tln Won

SK hynix to Build New Plant in Icheon with 3.5 tln Won

SEOUL, Jul. 27 (Korea Bizwire) — SK hynix Inc. said Friday it will build a new semiconductor fabrication (FAB) plant at its headquarters in Icheon, southeast of Seoul, seeking to cope with the rising demand for memory chips around the globe. South Korea’s No. 2 chipmaker said the construction will begin later this year, which [...]

SK hynix to Forge Broader Ties with 3 Subcontractors for R&D

SK hynix to Forge Broader Ties with 3 Subcontractors for R&D

SEOUL, Jul. 18 (Korea Bizwire) — SK hynix Inc. said Wednesday it will join forces with three of its subcontractors to carry out joint research and development projects as part of its efforts to seek shared growth. The chipmaker said it will provide “comprehensive technological support” to MiCo Ltd., UBmaterials Inc. and TEMC for the [...]

Samsung Develops New DRAM for 5G, AI Features of Smartphones

Samsung Develops New DRAM for 5G, AI Features of Smartphones

SEOUL, Jul. 17 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it has developed a new mobile dynamic random access memory (DRAM) solution optimized for the fifth-generation (5G) network and artificial intelligence (AI) features of smartphones. The South Korean tech giant said it finished the development of the 10nm-class 8Gb LPDDR5 DRAM in April, boasting [...]

Samsung, SK hynix to Hand Out Large Bonuses amid Robust Chip Sales

Samsung, SK hynix to Hand Out Large Bonuses amid Robust Chip Sales

SEOUL, Jul. 3 (Korea Bizwire) — South Korean chipmakers are expected to pay large bonuses to their workers this month amid the prolonged boom in the global semiconductor market, corporate sources said Tuesday. Samsung Electronics Co. told its workers that the company will provide target-achievement incentives, handed out every six months, this week. The amount [...]