SEOUL, Dec. 23 (Korea Bizwire) – The removal of the last regulatory hurdle for SK hynix Inc.’s acquisition of Intel Corp’s non-volatile memory business will likely accelerate the chipmaker’s plan to expand its presence and enhance competitiveness in the global NAND market, analysts said Thursday. On Wednesday, the Chinese antitrust regulator gave the much-awaited green [...]
SEOUL, Dec. 22 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Wednesday it has received approval from Chinese authorities for its takeover of Intel Corp.’s NAND memory chip business, clearing the final hurdle for the merger process. SK hynix received “merger clearance from the Chinese antitrust authority, State Administration for Market Regulation, for [...]
SEOUL, Dec. 21 (Korea Bizwire) — Samsung Electronics Co. took over the top spot in the global semiconductor market by revenue in the third quarter, a report showed Tuesday, on the back of strong memory chip sales. Industry tracker Omdia said Intel, which had been the top chipmaker for 11 straight quarters, slipped to number [...]
SEOUL, Dec. 1 (Korea Bizwire) — A semiconductor industry tracker on Wednesday cut in half its growth projection of the global memory chip market next year. World Semiconductor Trade Statistics (WSTS), a nonprofit organization of chipmakers, forecast the memory market to expand 8.5 percent year-on-year to US$171.6 billion next year, down from a growth rate [...]
SEOUL, Nov. 30 (Korea Bizwire) — Samsung Electronics Co. on Tuesday unveiled three new automotive chips as demand for advanced chips is growing among global carmakers to produce cars with better connectivity and more sophisticated infotainment features. The South Korean tech giant said its latest chip products are designed to enable faster 5G connectivity needed [...]
SEOUL, Nov. 26 (Korea Bizwire) — Concerns are growing that SK hynix Inc.’s plan to overhaul its Chinese factory with a cutting-edge chipmaking machine could be in jeopardy due to opposition from the United States. Earlier this week, U.S. Trade Representative (USTR) Katherine Tai effectively acknowledged that Washington had opposed such efforts by the South [...]
SEOUL, Nov. 26 (Korea Bizwire) — Samsung Electronics Co. is widening investment for the future of the semiconductor industry by joining hands with universities to train experts and professionals. The global tech giant signed an agreement with the Korea Advanced Institute of Science and Technology (KAIST), South Korea’s top science university, on Thursday to build [...]
SEOUL, Nov. 24 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it has selected the city of Taylor in Texas as the site of its new US$17 billion chip fabrication plant, a move to boost production amid a global chip shortage. The decision came five months after the tech giant announced a plan to build [...]
SEOUL, Nov. 22 (Korea Bizwire) — SK hynix CEO Lee Seok-hee said Monday that the company will respond “wisely” to the U.S.-China trade tension that could cloud the chipmaker’s plan to upgrade its Chinese plant. “The fourth-generation DRAM chips have been produced in South Korea since July and it is still a long way to [...]
SEOUL, Nov. 18 (Korea Bizwire) — SK hynix Inc., a major South Korean memory chip maker, said Thursday that it will flexibly operate its Chinese plant as its plan to overhaul the facility could be jeopardized amid the escalating tech tussle between the United States and China. “We have nothing to say on the matter. [...]