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 [...]
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 [...]