SEOUL, June 25 (Korea Bizwire) – SK hynix Inc. and the chip division of Samsung Electronics Co. are expected to post quarterly losses in the second quarter after reporting losses in the previous three months as the chip downturn drags on, market data showed Sunday. Samsung Electronics is projected to report an operating profit of [...]
SEOUL, June 22 (Korea Bizwire) — Samsung Electronics Co. and SK hynix Inc., the world’s two largest memory chip makers, have begun renegotiating with their primary clients as the average selling price (ASP) for DRAM approaches production cost. The two companies have set the price limit at US$1.40 and notified clients that the price cannot [...]
SEOUL, June 15 (Korea Bizwire) — Samsung Electronics Co. plans to establish a foundry ecosystem in collaboration with its semiconductor intellectual property (IP) partners, aiming to close the gap with Taiwan’s TSMC, the world’s largest contract chip manufacturer. Samsung announced through its newsroom that it will disclose the agreements’ content with IP partners such as [...]
SEOUL, June 13 (Korea Bizwire) — South Korea’s chip industry is keeping close tabs on the status of exemptions from Washington’s export control measures designed to limit China’s access to advanced chip technologies following a report that such exemptions could be extended. The Wall Street Journal reported Monday that Alan Estevez, under secretary of commerce [...]
SEOUL, June 13 (Korea Bizwire) — South Korea’s antitrust regulator said Tuesday it has decided to reject U.S. chipmaker Broadcom Inc.’s proposal to voluntarily correct its unfair business practices with 20 billion won (US$15.5 million), ruling in favor of Samsung Electronics Co. Broadcom made the proposal in January as the Fair Trade Commission (FTC) has [...]
SEOUL, June 12 (Korea Bizwire) — A former senior executive of Samsung Electronics Co. has been arrested and indicted for stealing the chip giant’s trade secrets to build a copycat chip plant in China, prosecutors said Monday. The 65-year-old former executive, whose name is withheld, was charged with violating the industrial technology protection and unfair [...]
SEOUL, June 7 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it will supply its latest automotive processor to Hyundai Motor Co. for the carmaker’s next-generation in-vehicle infotainment systems. Samsung said the processor, the Exynos Auto V920, will be used in the carmaker’s infotainment system, set to roll out by 2025, in the first collaboration [...]
SEOUL, June 6 (Korea Bizwire) —SK hynix, a renowned semiconductor company, announced the recent release of Beetle X31 (X31), a portable solid-state drive (SSD) designed for general consumer use. The X31 marks SK hynix’s entry into the external SSD market, boasting impressive sequential read speeds of up to 1,500MB/s and sequential write speeds of 1,000MB/s. [...]
SEOUL, May 25 (Korea Bizwire) — Global DRAM demand is expected to overtake supply as early as July, a recent industry report showed Thursday, in a change that would lessen pressure on semiconductor companies reeling from a chip downturn. Market research firm TrendForce expected in its May report global DRAM demand this year to top [...]
WASHINGTON, May 23 (Korea Bizwire) — South Korea has asked the United States to review the latter’s proposed limit on the expansion of production by South Korean semiconductor manufacturers in China, a U.S. public notice showed Tuesday. The request comes about two months after the U.S. Department of Commerce said the U.S. CHIPS and Science [...]