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Samsung Electronics Launches New Brands for Automobile Chips

Samsung Electronics Launches New Brands for Automobile Chips

SEOUL, Oct. 16 (Korea Bizwire) — Samsung Electronics Co. on Tuesday launched a new brand of chips designed specifically for automobiles, reflecting its strategy of penetrating deeper into the industry. The world’s top chipmaker introduced the Exynos Auto brand, which will be used in processors customized for cars. The company also unveiled its ISOCELL Auto [...]

SK Chairman Lauds SK hynix Performance

SK Chairman Lauds SK hynix Performance

SEOUL, Oct. 5 (Korea Bizwire) — Chey Tae-won, chairman of SK Group, showed special attachment to SK hynix Inc. as the company held a completion ceremony for the M15 production line at the SK hynix factory in Cheongju, North Chungcheong Province. Chey bought Hynix Semiconductors Inc. for 3.4 trillion won six years ago, changing the [...]

SK hynix Launches New NAND Flash Production Line

SK hynix Launches New NAND Flash Production Line

CHEONGJU, Oct. 4 (Korea Bizwire) — South Korea’s No. 2 chipmaker SK hynix Inc. on Thursday launched a new production line for NAND flash products under an estimated 20 trillion won (US$17.7 billion) project. The company said the new M15 line in Cheongju, located 140 kilometers south of Seoul, covers 60,000 square meters and will [...]

President Moon Hails SK hynix’s New Plan

President Moon Hails SK hynix’s New Plan

SEOUL, Oct. 4 (Korea Bizwire) – President Moon Jae-in on Thursday attended a ceremony marking the construction of new assembly lines of SK hynix, the world’s third-largest chipmaker, underscoring his policies for job creation and innovation-powered growth. “The government and I will not hold back our support for companies that invest, make jobs and contribute to the [...]

No Holidays for S. Korea’s Leading Semiconductor Facilities

No Holidays for S. Korea’s Leading Semiconductor Facilities

SEOUL, Sept. 24 (Korea Bizwire) –Choi Geon-wu, a 39-year-old SK Hynix employee, will not be able to visit his family over the Chuseok holidays because of the nature of his work, ensuring the safety of an industrial complex that produces semiconductors. Choi works as a firefighter at SK Hynix’s Cheongju factory, and is the first [...]

S. Korean Firms Expected to Benefit from China’s State Subsidy Cuts

S. Korean Firms Expected to Benefit from China’s State Subsidy Cuts

SEOUL, Sept. 3 (Korea Bizwire) — South Korean manufacturers of car batteries are anticipated to benefit from Beijing’s latest move to cut subsidies provided to Chinese companies, industry watchers said Monday. Chinese-based electric car battery maker OptimumNano Energy recently announced that it will suspend its production line for six months citing financial problems. BYD, China’s [...]