SEOUL, Apr. 25 (Korea Bizwire) — SK hynix Inc. said Thursday it swung to a profit in the first quarter of this year on the back of rising global demand for premium memory chip products used for artificial intelligence (AI) computing. The world’s second-largest memory chipmaker posted an operating profit of 2.88 trillion won (US$2.09 [...]
SEOUL, April 24 (Korea Bizwire) – SK hynix Inc. said Wednesday it will ramp up production capacity of next-generation DRAMs in response to rising demand for artificial intelligence (AI) semiconductors. Earlier in the day, the world’s second-largest memory chip maker decided in a board meeting to invest 5.3 trillion won (US$3.85 billion) to convert a [...]
SEOUL, Apr. 22 (Korea Bizwire) — South Korea’s exports rose 11.1 percent on-year in the first 20 days of April on surging global demand for semiconductors, data showed Monday. Outbound shipments reached US$35.82 billion in the April 1-20 period, compared with $32.25 billion tallied a year earlier, according to the data from the Korea Customs [...]
SEOUL, Apr. 19 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Friday it has set up a strategic partnership with Taiwan Semiconductor Manufacturing Company (TSMC) aimed at bolstering its capabilities in producing premium high bandwidth memory (HBM) chips and advanced packaging technologies. Under the memorandum of understanding agreed recently in Taipei, Taiwan, the [...]
SEOUL, Apr. 18 (Korea Bizwire) – Over the past decade, Taiwan’s 100 largest companies by market capitalization have surpassed their South Korean counterparts in terms of total market value and operating profits, according to a new analysis. A study by the corporate data research firm CEOScore, which examined the top 100 non-financial companies in South Korea [...]
SEOUL, April 17 (Korea Bizwire) – Samsung Electronics Co., the world’s largest memory chipmaker, said Wednesday it has developed the industry’s first low-power double data rate 5X (LPDDR5X) DRAM chips, a memory solution tailored for AI applications. The new chip supports the industry’s highest performance of up to 10.7 gigabits-per-second (Gbps), improving performance by [...]
SEOUL, Apr. 16 (Korea Bizwire) — Samsung Electronics Co. is set to accelerate the expansion of its global semiconductor supply chain in the era of artificial intelligence (AI), following a subsidy of US$6.4 billion from the U.S. government and its extended investment plan. Under the Biden Administration’s announcement, the South Korean chipmaker was to receive [...]
SEOUL, Apr. 16 (Korea Bizwire) — SK Group, South Korea’s chip-to-battery conglomerate, emerged as the second-most-valuable conglomerate after Samsung Group in the Korean stock markets at the end of March, a corporate data firm said Tuesday. SK Group’s emergence was helped by a sharp increase in the value of its chip-making affiliate, SK hynix Inc., [...]
SEOUL, Apr. 11 (Korea Bizwire) — Naver Cloud Corp., the cloud computing arm of South Korea’s tech giant Naver Corp., said Thursday it will join hands with U.S. chipmaker Intel Corp. to create an artificial intelligence (AI) chip software ecosystem in South Korea. The two companies have agreed to provide IT infrastructure based on Intel’s [...]
SEOUL, Apr. 5 (Korea Bizwire) — South Korea’s industry ministry said Friday it has designated six overseas partner institutions to establish global technology cooperation centers, aiming to advance research projects focused on core technologies. The country will seek to establish such centers under ties with MIT, Yale University, Purdue University, Fraunhofer, Johns Hopkins University and [...]