SEOUL, June 28 (Korea Bizwire) — Samsung Electronics Co. on Wednesday said it unveiled a detailed plan for the mass production of chips with a 2 nanometer (nm) process, in a show of confidence in technological prowess and a sign to continue to double down on its foundry, or contract chip making, business. The plan [...]
SEOUL, June 27 (Korea Bizwire) – Samsung Electronics Co. is pushing for the development and production of next-generation DRAM, including high bandwidth memory (HBM), which is essential for artificial intelligence (AI) server development. According to industry sources, the chip giant is currently shipping samples of 16GB and 12-layer 24GB HBM3, boasting the highest capacity and [...]
SEOUL, June 26 (Korea Bizwire) — South Korea will create a fund worth 300 billion won (US$229.25 million) to ensure the stable value chain of the chip industry by strengthening the logic chip sector and related materials, parts and components firms, the industry ministry said Monday. Samsung Electronics Co. and SK hynix Inc. vowed to [...]
SEOUL, June 25 (Korea Bizwire) – SK hynix Inc. and the chip division of Samsung Electronics Co. are expected to post quarterly losses in the second quarter after reporting losses in the previous three months as the chip downturn drags on, market data showed Sunday. Samsung Electronics is projected to report an operating profit of [...]
SEOUL, June 22 (Korea Bizwire) — Samsung Electronics Co. and SK hynix Inc., the world’s two largest memory chip makers, have begun renegotiating with their primary clients as the average selling price (ASP) for DRAM approaches production cost. The two companies have set the price limit at US$1.40 and notified clients that the price cannot [...]
SEOUL, June 15 (Korea Bizwire) — Samsung Electronics Co. plans to establish a foundry ecosystem in collaboration with its semiconductor intellectual property (IP) partners, aiming to close the gap with Taiwan’s TSMC, the world’s largest contract chip manufacturer. Samsung announced through its newsroom that it will disclose the agreements’ content with IP partners such as [...]
SEOUL, June 13 (Korea Bizwire) — South Korea’s chip industry is keeping close tabs on the status of exemptions from Washington’s export control measures designed to limit China’s access to advanced chip technologies following a report that such exemptions could be extended. The Wall Street Journal reported Monday that Alan Estevez, under secretary of commerce [...]
SEOUL, June 13 (Korea Bizwire) — South Korea’s antitrust regulator said Tuesday it has decided to reject U.S. chipmaker Broadcom Inc.’s proposal to voluntarily correct its unfair business practices with 20 billion won (US$15.5 million), ruling in favor of Samsung Electronics Co. Broadcom made the proposal in January as the Fair Trade Commission (FTC) has [...]
SEOUL, June 12 (Korea Bizwire) — A former senior executive of Samsung Electronics Co. has been arrested and indicted for stealing the chip giant’s trade secrets to build a copycat chip plant in China, prosecutors said Monday. The 65-year-old former executive, whose name is withheld, was charged with violating the industrial technology protection and unfair [...]
SEOUL, June 7 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it will supply its latest automotive processor to Hyundai Motor Co. for the carmaker’s next-generation in-vehicle infotainment systems. Samsung said the processor, the Exynos Auto V920, will be used in the carmaker’s infotainment system, set to roll out by 2025, in the first collaboration [...]