SEOUL, Nov. 18 (Korea Bizwire) – SK hynix Inc.’s expanded investment plan for its new chip cluster will bolster its responsiveness to soaring global demand for memory chips amid the artificial intelligence (AI) boom, industry watchers said Tuesday. During a meeting held Sunday with President Lee Jae Myung and leaders of other major conglomerates, SK [...]
SEOUL, Oct. 27 (Korea Bizwire) — SK hynix is positioning itself to expand its presence in next-generation data center technologies, unveiling a new lineup of NAND storage products tailored for artificial intelligence workloads at a major industry gathering in California. Speaking at the 2025 Open Compute Project Global Summit in San Jose, Kim Cheon-sung, head of [...]
SEOUL, Oct. 27 (Korea Bizwire) — SK hynix Inc. has begun installing production equipment at its new fabrication plant under construction in central South Korea, with the goal of starting operations next year, industry sources said Monday. According to the sources, the South Korean chipmaker has started installing production equipment in the cleanroom of the [...]
SEOUL, Oct. 19 (Korea Bizwire) — U.S. memory chipmaker Micron Technology is intensifying efforts to recruit South Korean semiconductor engineers, particularly from Samsung Electronics and SK Hynix, as competition in the fast-growing high-bandwidth memory (HBM) market heats up amid soaring demand driven by artificial intelligence. According to industry sources on October 19, Micron has been contacting [...]
SEOUL, Oct. 19 (Korea Bizwire) — SK Hynix is poised to report the highest quarterly operating profit in its history, surpassing 10 trillion won for the first time and becoming only the second South Korean company — after Samsung Electronics — to reach the milestone. According to a survey of brokerage forecasts compiled by Yonhap Infomax [...]
SEOUL, Oct. 14 (Korea Bizwire) – Samsung Electronics Co. returned to the top spot in the global market for memory chips in the third quarter, data showed Tuesday, after losing the position to SK hynix Inc. in the previous quarter. The combined sales of memory chips by Samsung, including dynamic random access memory (DRAM) and [...]
SEOUL, Oct. 14 (Korea Bizwire) – Demand for global artificial intelligence (AI) chips is expected to reach a short-term peak in 2028, according to a market outlook shared Tuesday, potentially to help double sales of South Korean-made chips from current levels. Roh Geun-chang, the head of Hyundai Motor Securities Co.’s research center, made such an [...]
SEOUL, Oct. 10 (Korea Bizwire) — Samsung Electronics is counting on its next-generation mobile processor, the Exynos 2600, to pull its struggling system semiconductor division out of a prolonged slump marked by quarterly losses exceeding 2 trillion won. According to industry officials, Samsung has recently begun mass production of the Exynos 2600, a flagship mobile [...]
SEOUL, Sept. 23 (Korea Bizwire) — South Korea’s semiconductor rally is spilling over into smaller suppliers, as investor optimism over improving memory prices boosts not only giants like Samsung Electronics and SK hynix but also makers of materials, components and equipment. On Monday, Samsung Electronics closed up 4.77 percent at 83,500 won, touching an intraday [...]
SEOUL, Aug. 20 (Korea Bizwire) — The government on Wednesday announced a set of measures aimed at stabilizing supply chains in the nation’s strategic industries, with support extending to “every stage” of the industrial process, the finance ministry said. The Ministry of Economy and Finance said the measures will focus on sectors particularly vulnerable to [...]