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SK hynix Breaks Ground for New Production Line in S. Korea

SK hynix Breaks Ground for New Production Line in S. Korea

SEOUL, Dec. 19 (Korea Bizwire) — South Korea’s No. 2 chipmaker, SK hynix Inc., on Wednesday held a groundbreaking ceremony for a new chip production line that is expected to commence operations in October 2020. The M16 production line, located in Icheon, 80 kilometers southeast of Seoul, will be built on a 53,000-square meter lot. [...]

Semiconductor Industry Watching Overseas Rival to Gauge Its Future

Semiconductor Industry Watching Overseas Rival to Gauge Its Future

SEOUL, Dec. 18 (Korea Bizwire) — The local semiconductor industry is waiting for the latest corporate performance results of U.S. rival firm Micron Technology, Inc to get a better idea of where it is headed, officials said Tuesday. Micron is due to announce its profits for the September-November period Wednesday. “The market’s concern grew when [...]

Aggressive Recruiting from China Shakes S. Korea’s Semiconductor Industry

Aggressive Recruiting from China Shakes S. Korea’s Semiconductor Industry

SEOUL, Dec. 17 (Korea Bizwire) — The CTO of HiSilicon Technologies Co., the semiconductor design company of China’s Huawei Technologies Co., was previously employed as an executive director at Samsung Electronics Co. The industry was shocked when Huawei successfully poached the high-ranking Samsung executive. He was the key figure who had developed Samsung Electronics’ 10-nanometer [...]

Samsung Delivers Apology to Victims of Work-related Diseases

Samsung Delivers Apology to Victims of Work-related Diseases

SEOUL, Nov. 23 (Korea Bizwire) — Samsung Electronics Co. made a formal apology Friday to all victims of work-related diseases who were employed at the company’s chip and display production lines, settling the long-standing dispute that lasted for more than a decade. Samsung Electronics President and CEO Kim Ki-nam, who heads the tech giant’s crucial [...]

Future of Semiconductor Industry Remains Uncertain Despite Record Growth

Future of Semiconductor Industry Remains Uncertain Despite Record Growth

SEOUL, Oct. 26 (Korea Bizwire) — Samsung Electronics Co. and SK hynix Inc., the two major local players in the semiconductor industry, are set to post record-breaking growth in the third quarter in spite of various domestic and international hurdles. Despite the controversy last year surrounding the price of semiconductor chips, which some experts claimed [...]

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 [...]