SEOUL, May 11 (Korea Bizwire) — NAND flash prices are expected to decline in the second half due mainly to sluggish demand and oversupply, a recent report showed Wednesday, dimming the performance outlooks for major chipmakers. Industry tracker TrendForce expected the prices of NAND flash wafers to start to decline this month, and the rate [...]
SEOUL, April 27 (Korea Bizwire) — SK Inc., the holding company of South Korean conglomerate SK Group, said Wednesday it is acquiring a majority stake in a local silicon carbide (SiC) power semiconductor manufacturer as it seeks to further advance into electric vehicle component business. SK said it is spending 120 billion won (US$94.8 million) [...]
SEOUL, April 27 (Korea Bizwire) — SK hynix Inc. reported strong first-quarter earnings Wednesday on the back of robust chip demand for servers despite being in the traditionally low season. Net income rose 99.8 percent on-year to reach 1.98 trillion won (US$1.6 billion), the chipmaker said in a regulatory filing. The figure is lower than [...]
SEOUL, April 26 (Korea Bizwire) — U.S. semiconductor equipment maker Lam Research Corp. opened a technology center in South Korea on Tuesday, which the company hopes will serve as a key hub of its global research and development (R&D) network. Lam Research completed its Korea technology center at an industrial site in Yongin, about 50 [...]
SEOUL, April 26 (Korea Bizwire) — After the U.S. slapped sanctions on a string of Chinese companies, Taiwanese and Japanese chipmakers enjoyed a stronger presence in the Chinese chip market, while South Korean chipmakers’ standing there weakened, the business lobby group said Monday. The Federation of Korean Industriesanalyzed the changes in the market shares of [...]
SEOUL, April 5 (Korea Bizwire) — The top executive of Dutch semiconductor equipment maker ASML is in South Korea to discuss semiconductor cooperation in the country where its key clients are based, the company said Tuesday. ASML CEO Peter Wennink is visiting the country for a chip cluster project and meetings with local employees as [...]
SEOUL, April 4 (Korea Bizwire) — South Korean battery maker SK On Co. said Monday it has jointly developed a battery monitoring chip with a local startup in a move that helps ensure a stable supply of the key component in the battery management for automotive and other devices. The co-development of the battery monitoring [...]
SEOUL, March 30 (Korea Bizwire) — SK hynix Inc., the world’s second largest memory chip maker, is reviewing to acquire British semiconductor company Arm Ltd. with strategic partners, its top executive said Wednesday. “We are reviewing possibly forming a consortium, together with strategic partners, to jointly acquire it,” Park Jung-ho, vice chairman and CEO of [...]
SEOUL, March 29 (Korea Bizwire) — Samsung Electronics Co. and SK hynix Inc., the world’s two largest memory chip makers, are forecast to report robust earnings in the first quarter, despite a hike in raw material prices and continued global supply woes, a financial data firm said Tuesday. Samsung is estimated to log 13.89 trillion [...]
DAEJEON, March 23 (Korea Bizwire) — South Korea is positioned in the third spot after the U.S. and China in the area of patent applications for artificial intelligence (AI) semiconductors, a report from the country’s patent office showed Tuesday. According to an analysis conducted by the Korea Intellectual Property Office along with the Center for [...]