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Samsung Weighs Building 11 More Chip Plants in U.S. over Next Two Decades

Samsung Weighs Building 11 More Chip Plants in U.S. over Next Two Decades

SEOUL, July 22 (Korea Bizwire) — Samsung Electronics Co. floated an idea of investing nearly US$200 billion to build 11 more chip plants in the United States over the next two decades, documents filed with the state of Texas showed Friday. The proposed investment is described in South Korean tech giant’s applications filed with the [...]

S. Korea to Expand Financial, Manpower Support to Promote Chipmakers’ Investment

S. Korea to Expand Financial, Manpower Support to Promote Chipmakers’ Investment

SEOUL, July 21 (Korea Bizwire) – South Korea will offer more tax incentives and financial support to chipmakers and nurture 150,000 experts in the field in an effort to encourage the firms to push ahead with their investment plans without a hitch, the industry ministry said Thursday. Major tech companies, including Samsung Electronics Co. and [...]

Gov’t Pushing to Nurture 150,000 Semiconductor Talents Over Next 10 yrs

Gov’t Pushing to Nurture 150,000 Semiconductor Talents Over Next 10 yrs

SEOUL, July 19 (Korea Bizwire) — South Korea plans to nurture about 150,000 semiconductor talents over the next 10 years to help keep up its competitive edge in chipmaking and tackle manpower shortages facing domestic chipmakers, Education Minister Park Soon-ae said Tuesday. The plan came as the government is making a renewed push to support [...]

SK hynix Withholds Capacity Expansion Plan amid Growing Global Uncertainty

SK hynix Withholds Capacity Expansion Plan amid Growing Global Uncertainty

SEOUL, July 19 (Korea Bizwire) — SK hynix Inc. suspended a factory expansion plan as global economic uncertainty is growing with red-hot inflation squeezing consumers’ buying power for electronic devices, sources said Tuesday. The world’s second-largest memory chip maker decided to hold off a capacity addition plan at its Cheongju campus during a board meeting [...]

Samsung Develops ‘World’s Fastest’ Graphics DRAM

Samsung Develops ‘World’s Fastest’ Graphics DRAM

SEOUL, July 14 (Korea Bizwire) – South Korean tech titan Samsung Electronics Co. said Thursday it has developed a new graphics dynamic random-access memory (DRAM) chip with a faster speed and improved power efficiency. The 24-gigabit Graphics Double Data Rate 6 (GDDR6) adopts third-generation, 10-nanometer technology and boasts a data processing speed that is over [...]

SK Telecom, SK hynix to Transfer Chip and AI Know-how to Universities

SK Telecom, SK hynix to Transfer Chip and AI Know-how to Universities

SEOUL, July 8 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Thursday that it will launch a program with its chipmaking affiliate SK hynix Inc. to share their practical knowledge and know-how in the areas of semiconductors and artificial intelligence (AI) with local universities. The two companies will establish an online [...]

SK hynix Sets Up Makeshift Tents in Preparation for Potential Lockdown in China

SK hynix Sets Up Makeshift Tents in Preparation for Potential Lockdown in China

SEOUL, July 5 (Korea Bizwire) — SK hynix Inc. said Tuesday it has set up makeshift tents for workers in its chip fabrication factory in Wuxi, China, to prevent a potential citywide COVID-19 lockdown from disrupting its production. Eastern cities in China, including Wuxi, have recently reported an increasing number of coronavirus infections, raising fears [...]

Samsung Electro-Mechanics to Invest 300 bln Won in Semiconductor Package Substrates

Samsung Electro-Mechanics to Invest 300 bln Won in Semiconductor Package Substrates

SEOUL, June 23 (Korea Bizwire) – Samsung Electro-Mechanics Co., a major electronics components maker in South Korea, said Thursday it will make an additional investment of 300 billion won (US$230 million) in its flip-chip-ball grid array (FC-BGA) business, aimed at expanding the production of its plants in Busan, Sejong and Vietnam. Prior to this, the [...]