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Archive by category Nano & Semiconductor

Hyundai Mobis Expands In-House Semiconductor Production, Plans New R&D Hub in Silicon Valley

Hyundai Mobis Expands In-House Semiconductor Production, Plans New R&D Hub in Silicon Valley

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, [...]

SK Hynix’s Dual Supplier Strategy Intensifies Competition in Key Chip Equipment Market

SK Hynix’s Dual Supplier Strategy Intensifies Competition in Key Chip Equipment Market

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 [...]

Gov’t Ministers Call for Exemption of Semiconductor Workers from 52-hour Workweek System

Gov’t Ministers Call for Exemption of Semiconductor Workers from 52-hour Workweek System

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 [...]

Korean Electronics Component Makers See Recovery Through AI-Driven High-End Products

Korean Electronics Component Makers See Recovery Through AI-Driven High-End Products

SEOUL, March 10 (Korea Bizwire) — Leading South Korean electronics component manufacturers are bouncing back from the global IT slowdown by focusing on high-value products driven by artificial intelligence (AI) technology. LG Innotek and Samsung Electro-Mechanics, which achieved record sales last year despite profitability challenges, are now poised for a significant turnaround. According to market consensus [...]

SK Hynix’s U.S. Sales Surge as AI Memory Demand Drives Record Growth

SK Hynix’s U.S. Sales Surge as AI Memory Demand Drives Record Growth

SEOUL, March 4 (Korea Bizwire) —  SK Hynix saw a major surge in U.S. sales in 2024, fueled by booming demand for high-bandwidth memory (HBM) and AI-driven enterprise storage solutions, reinforcing the company’s position as a key supplier to American tech giants. According to SK Hynix’s latest financial disclosure on March 4, its U.S. subsidiary, SK [...]

TSMC to Invest $100 Billion in U.S. Chip Factories as Trump Pressures Foreign Tech Giants

TSMC to Invest $100 Billion in U.S. Chip Factories as Trump Pressures Foreign Tech Giants

SEOUL, March 3 (Korea Bizwire) — U.S. President Donald Trump said Monday Taiwan Semiconductor Manufacturing Co. (TSMC) will invest US$100 billion to build advanced chip producing facilities in the United States, as he is seeking to use tariffs to bolster domestic manufacturing. The announcement came after Trump accused Taiwan last month of taking U.S. chip [...]

South Korea Expands Tax Incentives for Semiconductor Industry

South Korea Expands Tax Incentives for Semiconductor Industry

SEOUL, Feb. 27 (Korea Bizwire) —  South Korea’s National Assembly passed the so-called ‘K-Chips Act’ on February 27, expanding tax benefits for semiconductor companies in a move aimed at strengthening the nation’s global competitiveness in chip manufacturing. The legislation comes at a crucial time as geopolitical uncertainties, including the new U.S. administration’s trade policies, add pressure [...]

SK Hynix Breaks Ground on Its First Fab in Yongin Semiconductor Cluster

SK Hynix Breaks Ground on Its First Fab in Yongin Semiconductor Cluster

SEOUL, Feb. 25 (Korea Bizwire) — SK hynix Inc. said Tuesday it has started construction on its first fabrication plant and relevant facilities at an envisioned semiconductor cluster in Yongin, south of Seoul. The company broke ground Monday after receiving approval from the Yongin municipal government last week, according to SK hynix’s newsroom. The Yongin [...]