SEOUL, March 29 (Korea Bizwire) — SK hynix announced Friday that it has completed its acquisition of Intel’s NAND memory business, solidifying its strategic push into the enterprise solid-state drive (SSD) market as demand for AI-driven data storage continues to soar. According to a regulatory filing with South Korea’s Financial Supervisory Service, the transaction was officially [...]
BEIJING, March 28 (Korea Bizwire) — Samsung Electronics Co. Chairman Lee Jae-yong and SK hynix Inc. Chief Executive Officer (CEO) Kwak Noh-jung met Chinese President Xi Jinping in Beijing on Friday with other global business leaders. The meeting was held at around 11 a.m. with CEOs from other global companies that participated in the China [...]
SEOUL, March 27 (Korea Bizwire) — Samsung Asset Management announced on March 26 that its KODEX AI Semiconductor ETF has exceeded 100 billion won in net assets, highlighting growing investor interest in semiconductor companies with ties to artificial intelligence. The exchange-traded fund focuses on domestic companies involved in AI semiconductor technologies, including high-bandwidth memory chips [...]
SEOUL, March 24 (Korea Bizwire) — In a high-stakes battle for dominance in artificial intelligence technology, major semiconductor manufacturers are racing to develop HBM4, the next generation of high-bandwidth memory chips crucial for advanced AI processors. The competition intensified on March 18 when Jensen Huang, the CEO of Nvidia, announced at the company’s GTC 2025 developer conference [...]
SEOUL, March 20 (Korea Bizwire) — Chip giant SK hynix Inc. said Thursday its U.S. sales accounted for over 60 percent of its total revenue last year on rising demand for artificial intelligence (AI) chips from major U.S. tech companies. According to a financial report released by SK hynix, revenues from the United States totaled [...]
SEOUL, March 19 (Korea Bizwire) — Hyundai Mobis is ramping up production of self-designed automotive semiconductors, building on the semiconductor business it acquired from Hyundai Autron in 2020, and expanding its presence in global innovation hubs. The company announced on Tuesday that it has completed research and reliability testing for key semiconductors used in electrification, [...]
SEOUL, March 19 (Korea Bizwire) — SK hynix Inc. said Wednesday it has shipped samples of the next-generation high bandwidth memory (HBM), 12-layer HBM4, to its major customers for the first time in the world. “The samples were delivered ahead of schedule based on SK hynix’s technological edge and production experience that have led [...]
SEOUL, March 18 (Korea Bizwire) — A battle is brewing in South Korea’s semiconductor equipment industry as SK Hynix, one of the world’s largest memory chip makers, moves to diversify its suppliers of crucial chip-stacking machinery, challenging the longtime market dominance of Hanmi Semiconductor. The competition centers on thermal compression bonders (TC bonders), essential equipment used in [...]
SEOUL, March 12 (Korea Bizwire) — Chip giant SK hynix Inc. said Wednesday it has been named one of the world’s most ethical companies by Ethisphere, a global organization that evaluates corporate ethical practices. SK hynix was among the 136 companies recognized on the 2025 World’s Most Ethical Companies list, marking the first time a [...]
SEOUL, March 11 (Korea Bizwire) – Industry and labor ministers on Tuesday called for an exemption of researchers in the semiconductor industry from South Korea’s 52-hour workweek system that prevents them from working extended hours even when needed. The government has been calling for a revision to the system to allow such workers to put [...]