SEOUL, June 30 (Korea Bizwire) – SK Group, South Korea’s chip-to-construction conglomerate, said Sunday it will secure 80 trillion won (US$58 billion) by 2026 for investments, mainly in artificial intelligence and semiconductors. Some 20 chief executives of the group’s major affiliates gathered at its research center in Icheon, 58 kilometers southeast of Seoul, from Friday [...]
SEOUL, Jun. 27 (Korea Bizwire) – Samsung Electronics’ Device Solutions (DS) Division, responsible for the company’s semiconductor business, held its semi-annual global strategy meeting on June 26 to discuss ways to secure future competitiveness in the semiconductor industry. The meeting, chaired by DS Division head Kyung Kye-hun, was held at Samsung’s Hwaseong campus in Gyeonggi Province. [...]
SEOUL, Jun. 26 (Korea Bizwire) — The finance ministry said Wednesday it will provide low-interest loans of 17 trillion won (US$12.22 billion) next month for corporate investment in the semiconductor industry and will push to extend tax benefits for investment in strategic technologies. It is part of execution plans for the comprehensive support package worth [...]
SEOUL, Jun. 25 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it has completed building infrastructure to produce faster and more efficient chips for artificial intelligence (AI) computing. The infrastructure for so-called compute express link (CXL) technology was built at Samsung Memory Research Center in Hwaseong, about 45 kilometers south of Seoul, the company said [...]
SEOUL, Jun. 13 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will provide comprehensive “one-stop” artificial intelligence solutions for its foundry customers, with a focus on up-to-date technologies for high-performance, low-power AI chips. “At a time when numerous technologies are evolving around AI, the key to its implementation lies in high-performance, low-power semiconductors,” Choi [...]
SEOUL, Jun. 10 (Korea Bizwire) — South Korean fabless semiconductor company FADU Inc. said Monday it has partnered with U.S. data storage firm Western Digital Corp. to co-develop next-generation technology for solid-state drives (SSDs) targeted at business applications. The collaboration focuses on developing Flexible Data Placement (FDP) technology, which aims to optimize the performance, reliability [...]
SEOUL, Jun. 7 (Korea Bizwire) — SK Group Chairman Chey Tae-won had held a meeting with C.C. Wei, chairman of Taiwan Semiconductor Manufacturing Co. (TSMC), in Taiwan and they discussed bolstering cooperation on artificial intelligence (AI) chip technologies, SK Group said Friday. SK Group has SK hynix Inc., the world’s second-largest maker of memory chips, [...]
BUSAN, Jun. 5 (Korea Bizwire) –In a move toward reducing reliance on imports, South Korea is establishing a semiconductor fabrication plant for 8-inch power semiconductors in Busan. This facility aims to bolster self-sufficiency in a critical industry. The Ministry of Trade, Industry and Energy announced that EYEQ Lab has begun constructing the new plant within [...]
SUWON, May 28 (Korea Bizwire) –A former Chinese employee of SK Hynix has been arrested and indicted on charges of illegally transferring the company’s core technology for reducing semiconductor defects to Huawei, the Chinese tech giant, prosecutors said on May 28. The 30-year-old woman, identified only by her last name A, worked at SK Hynix’s [...]
SEOUL, May 25 (Korea Bizwire) – The United States, China and countries around the world are waging an intense battle to gain supremacy in the semiconductor industry, crucial for cutting-edge technologies. On May 23, in a meeting presided over by President Yoon Suk Yeol, South Korea’s government unveiled a comprehensive 26 trillion won support package for [...]