SEOUL, Nov. 27 (Korea Bizwire) – SK hynix Inc. on Wednesday announced plans to increase dividend payouts by 25 percent per share by 2027 as part of a broader strategy to boost corporate value amid the chipmaker’s rapid growth in the artificial intelligence (AI) chip market. As part of its new shareholder return program, the [...]
SEJONG, Nov. 27 (Korea Bizwire) — South Korea put forward a comprehensive package of support measures for the semiconductor industry Wednesday, with its top economic policymaker highlighting “growing headwinds” amid concerns of potential shifts in U.S. trade policy under the incoming Donald Trump administration and rising competition from Chinese rivals. “The next six months will [...]
SEOUL, Nov. 27 (Korea Bizwire) — Samsung Electronics Co. announced its new leadership Wednesday with a focus on the semiconductor business, in an apparent move to strengthen its future competitiveness in the field. Jun Young-hyun, vice chairman and head of the device solutions division, was named CEO and will also lead the memory business and [...]
SEOUL, Nov. 25 (Korea Bizwire) – A provision to exempt semiconductor R&D workers from South Korea’s 52-hour workweek regulation faces potential elimination from the proposed Semiconductor Industry Special Act, dealing another blow to efforts to reform the country’s strict labor laws. According to parliamentary sources on November 24, the National Assembly’s Trade, Industry, Energy, SMEs, and [...]
SEOUL, Nov. 22 (Korea Bizwire) — Samsung Electronics Co. said Friday it has hosted its biannual tech conference to share the latest semiconductor technologies and industry issues with partner companies. The Semiconductor Tech Seminar, held Wednesday in Suwon on the southern outskirts of Seoul, brought together more than 1,000 participants to discuss the latest advancements [...]
SEOUL, Nov. 21 (Korea Bizwire) — SK hynix Inc. said Thursday it has started mass production of the industry’s first triple-level cell-based 321-layer NAND flash memory chips. NAND flash memory is a non-volatile memory storage medium that is widely used in memory cards, USB drives, solid-state drives (SSDs) and smartphones for general storage and transfer [...]
SEOUL, Nov. 20 (Korea Bizwire) – South Korea’s Defense Acquisition Program Administration (DAPA) announced plans to develop specialized semiconductors that can be widely applied across Korean weapons systems, marking a significant step toward technological independence in military hardware. The initiative, unveiled on November 19 at a defense semiconductor forum in Seoul’s Yeongdeungpo district, outlines a comprehensive [...]
SEOUL, Nov. 18 (Korea Bizwire) – Samsung Electronics Co., the world’s largest memory chipmaker, said Monday it held a tool-in ceremony for its new semiconductor research and development (R&D) complex near Seoul. The ceremony marked the installation of the first batch of equipment at the NRD-K complex at its Giheung campus in Yongin, south of [...]
SEOUL, Nov. 12 (Korea Bizwire) — LG Electronics Inc. CEO Cho Joo-wan has met with Jim Keller, CEO of U.S. artificial intelligence (AI) chip startup Tenstorrent, to explore expanding their partnership in the fast-growing AI chip industry, the Korean company said Tuesday. During the meeting in Seoul, the two leaders discussed collaboration opportunities in next-generation [...]
SEOUL, Nov. 12 (Korea Bizwire) — JSR Corp., a Japanese semiconductor materials producer, has started construction of a new production line in South Korea in a move expected to bolster the chip industry’s supply chain, the industry ministry said Tuesday. The Japanese firm held a groundbreaking ceremony for the new facility that will produce metal [...]