SEOUL, Jan. 13 (Korea Bizwire) — South Korea is expected to become the biggest investor in chip fabrication facilities this year, a global industry association said Thursday. According to SEMI, a global industry association representing the electronics manufacturing and design supply chain, South Korea is forecast to rank at the top of fab equipment spending [...]
SEOUL, Jan. 12 (Korea Bizwire) — The prolonged lockdown in the Chinese city of Xi’an will have minimal impact on the performance of Samsung Electronics Co., which has a chip fabrication complex there, analysts said Wednesday. Samsung, the world’s largest memory chip maker, temporarily adjusted operations at its NAND flash chips manufacturing base in the [...]
LAS VEGAS, Jan. 8 (Korea Bizwire) — SK hynix Inc., a South Korean memory chip maker, has said it will invest in the joint establishment of a chip firm in the United States with two other subsidiaries of South Korean conglomerate SK Group to diversify its product portfolio and expand its global business. The world’s [...]
SEOUL, Jan. 2 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Sunday it has moved up a notch to receive an A in the MSCI ESG Ratings assessment. MSCI, or Morgan Stanley Capital International, is an American rating agency that measures, among other things, a company’s resilience to long-term, financially relevant environmental, social [...]
SEOUL, Dec. 30 (Korea Bizwire) — SK hynix Inc, South Korea’s key memory chip maker, said Thursday it has closed the first phase of the transaction to acquire Intel’s NAND and solid-state drive (SSD) business, and will name the newly established subsidiary Solidigm. The announcement came eight days after it received the merger clearance from [...]
SEOUL, Dec. 24 (Korea Bizwire) — Samsung Electronics Co. said Friday its memory chip complex in the Chinese city of Xi’an went into an emergency mode as the Chinese authorities enforced a lockdown to stem the spread of the coronavirus. The South Korean tech giant said the emergency measure has not affected production, as it [...]
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 [...]