SEOUL, Oct. 12 (Korea Bizwire) – SK hynix Inc., the world’s second-largest memory chip maker, said Wednesday it has been temporarily exempted from the United States’ export control measures and is allowed to continue normal production activities in China for one year. The U.S. Department of Commerce allowed the chipmaker and its business partners to [...]
SEOUL, Oct. 11 (Korea Bizwire) — SK hynix Inc. said Tuesday it will continue efforts to ensure smooth business operations in China, following a media report that a U.S. chip equipment maker will halt offering some supplies and services to the South Korean memory chip giant’s operations in the country. Earlier in the day, Reuters [...]
SEOUL, Oct. 9 (Korea Bizwire) — Samsung Electronics Co. and SK hynix Inc. of South Korea will strive for smooth business operations in China, in spite of the latest U.S. export controls, on the basis of continued consultations with governments concerned, according to officials of the firms Sunday. The Joe Biden administration announced a set [...]
SEOUL, Oct. 6 (Korea Bizwire) – Samsung Electronics Co. is not considering a cut in production of its memory chips despite slowing demand amid concerns over a global economic recession, a senior executive has said. “There is no internal discussion (about a cut in memory chip production),” Han Jin-man, executive vice president and head of [...]
SEOUL, Oct. 6 (Korea Bizwire) — SK hynix Inc., the world’s second largest memory chip maker, said Wednesday it had expanded the share of domestically-produced neon gas used in its chip manufacturing process to 40 percent. Neon is one of the main components of excimer laser gas, which is used in photolithography. Thus far, South [...]
SEOUL, Sept. 25 (Korea Bizwire) – The third-quarter earnings outlooks for Samsung Electronics Co. and SK hynix Inc., the world’s top two leading chip manufacturers, remain largely grim due to a recent fall in global demand for memory chips, an industry data analysis showed Sunday. According to the analysis by Yonhap Infomax of earnings outlooks [...]
SEOUL, Sept. 23 (Korea Bizwire) — DRAM prices are estimated to post a quarterly decline of 13-18 percent in the fourth quarter, steeper than the previous quarter, a report said Friday, as consumer demand for electronic devices remains stagnant and macroeconomic conditions aggravated. Research firm TrendForce said rising inflation has significantly weakened the appetite for [...]
SEOUL, Sept. 22 (Korea Bizwire) — British chip designer Arm is the talk of the town — again — in South Korea, as it emerged as Samsung Electronics Co.’s potential merger and acquisition target. Samsung Electronics Vice Chairman Lee Jae-yong said Wednesday that SoftBank Group Corp. CEO Masayoshi Son will visit South Korea next month [...]
SEOUL, Sept. 19 (Korea Bizwire) — Samsung Electronics Co. expanded its market share of the global semiconductor industry in the second quarter, maintaining its top spot, a research showed Monday. Samsung’s chip revenue for the April-June period came in at a record quarterly high of US$20.3 billion on the back of solid server demand, taking [...]
SEOUL, Sept. 13 (Korea Bizwire) — SK hynix Inc. said Tuesday it will start an overseas working and training program to help its employees have a broader perspective of the global semiconductor industry. The Global eXperience Program (GXP) will run for five weeks from the end of October at SK hynix’s overseas branches as well [...]