SEOUL, Aug. 17 (Korea Bizwire) — Samsung Electronics reported a decline in first-half revenue from China, citing mounting U.S. sanctions, weakening demand, and intensifying local competition, while sales in the United States grew, buoyed by robust demand from Big Tech firms investing in AI infrastructure. According to the company’s semiannual report released Sunday, Samsung’s exports to [...]
SEOUL, Aug. 7 (Korea Bizwire) — Samsung Electronics has secured two major deals with global tech giants Tesla and Apple, signaling a potential turnaround for its long-struggling System LSI and foundry divisions. The company recently landed a record-breaking 23 trillion won ($16.5 billion) order from Tesla, followed by confirmation that it will begin supplying image [...]
SEOUL, July 24 (Korea Bizwire) — South Korean chipmaker SK hynix will pay all employees a productivity incentive (PI) bonus equivalent to 150% of their monthly base salary for the first half of 2025, the company announced Tuesday. The move reflects the firm’s exceptional financial performance, driven by its dominant position in the high-bandwidth memory [...]
SEOUL, July 18 (Korea Bizwire) — Samsung E&A Co., a plant builder under Samsung Group, said Friday it has won a 909.6 billion-won (US$653.2 million) order to work on a semiconductor facility for Samsung Electronics Co., another key affiliate of the conglomerate. Samsung E&A will conduct finishing work for Phase 4 of the P4 plant [...]
HBM boom propels SK hynix to global leadership in shifting memory landscape SEOUL, June 5 (Korea Bizwire) — In a historic reshuffling of the global memory chip hierarchy, SK hynix has edged past long-dominant rival Samsung Electronics in dynamic random access memory (DRAM) market share — the first such shift since Samsung took the top [...]
SEOUL, May 30 (Korea Bizwire) — Following a historic year of profitability, the white-collar labor union at SK Hynix has entered annual wage negotiations with a bold proposal: an 8.25% salary increase alongside expanded performance bonuses and benefits. The first round of 2025 wage talks was held on May 28 at the company’s Icheon campus, marking [...]
TAIPEI, May 20 (Korea Bizwire) — Nvidia Corp. chief executive officer (CEO) Jensen Huang on Tuesday made a surprise visit to the booth of South Korea’s SK hynix Inc. at Computex 2025, a major information technology trade show held in Taiwan. Huang was personally guided through SK hynix’s booth by Kim Joo-seon, head of the [...]
SEOUL, May 11 (Korea Bizwire) — Samsung Electronics’ semiconductor division continues to trail Taiwan’s TSMC in quarterly sales, as surging demand for artificial intelligence (AI) chips solidifies the Taiwanese chipmaker’s lead in the global foundry market. According to industry data released on Sunday, Samsung’s Device Solutions (DS) division recorded 25.1 trillion won in revenue for the [...]
SEOUL, April 28 (Korea Bizwire) — As competition from Chinese firms intensifies and prices for older memory products plunge, major global semiconductor manufacturers are accelerating a strategic shift: phasing out legacy DRAM production and concentrating on high-end, high-margin memory technologies. According to Taiwanese market research firm TrendForce and local media reports on April 27, Samsung Electronics [...]
SEOUL, April 23 (Korea Bizwire) — SK hynix Inc. said Wednesday its 96 gigabyte double data rate 5 (DDR5) memory chips have passed customer validation, marking a key step toward production readiness. The new product, known as CMM-DDR5, is a dynamic random access memory (DRAM) solution for data center servers. When integrated into server systems, [...]