SEOUL, June 15 (Korea Bizwire) — Samsung’s de facto leader Lee Jae-yong discussed ways to boost cooperation in the semiconductor industry with Dutch Prime Minister Mark Rutte, the company said Wednesday. Samsung Electronics Vice Chairman Lee, who is currently on a business trip in Europe, met with Rutte at his office in the Hague, the [...]
SEOUL, June 14 (Korea Bizwire) — Samsung Electronics Co. plans to move around 300 workers from its display business’ liquid crystal display (LCD) division to the company’s semiconductor unit, sources said Tuesday. The plan comes after Samsung Display, a unit of the tech giant, stopped producing LCD panels for TVs this month due to falling [...]
SEOUL, June 9 (Korea Bizwire) — SK hynix Inc. said Thursday it has begun mass production of a high-end product known as the world’s fastest DRAM and will supply it to American graphics-chip maker Nvidia. It came seven months after the South Korean chipmaker said it successfully developed the High Bandwidth Memory 3 (HMB3) that [...]
SEOUL, June 3 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong will leave for the Netherlands next week, in a business trip widely expected to secure highly advanced chipmaking machines by the Dutch chip equipment maker ASML. On Thursday, Lee asked for permission to be absent from his ongoing trial at the Seoul Central [...]
SEOUL, May 30 (Korea Bizwire) — Samsung Electronics Co. Vice Chairman Lee Jae-yong met with Patrick P. Gelsinger, chief executive of Intel Corp., in Seoul on Monday and discussed cooperation in the chip sector, Samsung officials said. At the meeting, the leaders of the world’s two largest chipmakers explored ways to collaborate in areas ranging [...]
SEOUL, May 30 (Korea Bizwire) — South Korea aims to nurture over 3,000 semiconductor talents by 2027 to maintain its competitive edge in the global market that has faced a severe chip shortage in recent years, according to the science ministry Monday. Science Minister Lee Jong-ho laid out the vision in a meeting with executives [...]
SEOUL, May 27 (Korea Bizwire) — Samsung Electronics Co. is expected to hold a groundbreaking ceremony for a US$17 billion chip fabrication plant in Taylor, Texas, next month, industry sources said Friday. Samsung’s Austin office has recently shared the photo of the construction site and the preparation works for the massive construction via its newsletter, [...]
SEOUL, May 26 (Korea Bizwire) – Samsung Electronics Co. and SK hynix Inc. took up more than half of the global NAND flash memory chip market in the first quarter, a report showed Thursday, up by more than 8 percent from the previous quarter. Samsung, the world’s largest memory chip maker, expanded its market share [...]
SEOUL, May 17 (Korea Bizwire) — U.S. chipmaker Qualcomm was included among Samsung Electronics Co.’s top five clients in the first quarter, a document showed Tuesday, largely due to chip contract manufacturing. In a quarterly corporate filing, the South Korean tech giant named Apple, Best Buy, Deutsche Telekom, Qualcomm and Supreme Electronics as its five [...]
SEOUL, May 13 (Korea Bizwire) — Samsung Electronics Co. is considering raising chipmaking prices by up to 20 percent, a news report said Friday. Bloomberg reported the South Korean chipmaker is in talks with foundry clients to hike the contract chipmaking prices. Samsung spokespersons, contacted by Yonhap, said they could not officially comment on the [...]