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Samsung Starts Operation of Mega Chip Manufacturing Line in S. Korea

Samsung Starts Operation of Mega Chip Manufacturing Line in S. Korea

SEOUL, Sept. 7 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it has begun operation of a new advanced, massive chip manufacturing line in South Korea. The new production line (P3) in Pyeongtaek, the largest chip manufacturing facility ever built to date by Samsung, has started production of state-of-the art NAND flash since July. “The [...]

Nearly 77 pct of Experts Consider Korea’s Semiconductor Industry Under Crisis: Poll

Nearly 77 pct of Experts Consider Korea’s Semiconductor Industry Under Crisis: Poll

SEOUL, Sept. 5 (Korea Bizwire) — Seven out of 10 experts in South Korea consider the local chipmaking industry to be in a crisis due to multiple external risks, a survey showed Monday. According to a survey of 30 experts in the semiconductor sector, taken by the Korea Chamber of Commerce and Industry (KCCI), 76.7 [...]

Samsung, SK hynix Lead Global NAND Flash Sales in Q2: Report

Samsung, SK hynix Lead Global NAND Flash Sales in Q2: Report

SEOUL, Sept. 1 (Korea Bizwire) — South Korean chipmakers Samsung Electronics Co. and SK hynix Inc. were the biggest NAND flash sellers in the world in the second quarter, an industry report showed Thursday. According to Taiwan-based market analyst firm TrendForce, Samsung’s NAND flash sales during the April-June period reached US$5.98 billion, with its global [...]

S. Korea’s Chip Exports to China Jump Nearly 13 Times, Biggest Gain Over Last 2 Decades

S. Korea’s Chip Exports to China Jump Nearly 13 Times, Biggest Gain Over Last 2 Decades

SEOUL, Aug. 21 (Korea Bizwire) – South Korea’s semiconductor industry saw the biggest export growth to China over the past two decades, research showed Sunday. The research by the Korea Chamber of Commerce and Industry (KCCI) showed that semiconductors took up only 3.2 percent of South Korea’s total exports to China in 2000 but jumped [...]

Samsung Holds Groundbreaking Ceremony for Next-gen Chip R&D Complex

Samsung Holds Groundbreaking Ceremony for Next-gen Chip R&D Complex

SEOUL, Aug. 19 (Korea Bizwire) — Samsung Electronics Co. held a groundbreaking ceremony Friday for its new semiconductor research and development (R&D) complex south of Seoul, in a move to bolster its global leadership in cutting-edge chip technology. The South Korean tech giant plans to invest around 20 trillion won (US$15.06 billion) by 2028 for [...]

SK hynix Completes 576 bln-won Acquisition of Chip Contract Firm Key Foundry

SK hynix Completes 576 bln-won Acquisition of Chip Contract Firm Key Foundry

SEOUL, Aug. 2 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, said Tuesday it has wrapped up a 576 billion-won (US$492 million) acquisition of local chip contract manufacturer Key Foundry. The company said it has recently completed the official acquisition process of the 8-inch wafer foundry manufacturer from Magnus Investment Partners LLC, a [...]