SEOUL, March 4 (Korea Bizwire) — SK Hynix saw a major surge in U.S. sales in 2024, fueled by booming demand for high-bandwidth memory (HBM) and AI-driven enterprise storage solutions, reinforcing the company’s position as a key supplier to American tech giants. According to SK Hynix’s latest financial disclosure on March 4, its U.S. subsidiary, SK [...]
SEOUL, March 3 (Korea Bizwire) — U.S. President Donald Trump said Monday Taiwan Semiconductor Manufacturing Co. (TSMC) will invest US$100 billion to build advanced chip producing facilities in the United States, as he is seeking to use tariffs to bolster domestic manufacturing. The announcement came after Trump accused Taiwan last month of taking U.S. chip [...]
SEOUL, Feb. 27 (Korea Bizwire) — South Korea’s National Assembly passed the so-called ‘K-Chips Act’ on February 27, expanding tax benefits for semiconductor companies in a move aimed at strengthening the nation’s global competitiveness in chip manufacturing. The legislation comes at a crucial time as geopolitical uncertainties, including the new U.S. administration’s trade policies, add pressure [...]
SEOUL, Feb. 25 (Korea Bizwire) — SK hynix Inc. said Tuesday it has started construction on its first fabrication plant and relevant facilities at an envisioned semiconductor cluster in Yongin, south of Seoul. The company broke ground Monday after receiving approval from the Yongin municipal government last week, according to SK hynix’s newsroom. The Yongin [...]
SEOUL, Feb. 24 (Korea Bizwire) — In a striking reversal, South Korea has lost its technological edge to China across most semiconductor sectors over the past two years, according to a new survey that highlights shifting dynamics in the global chip industry. The survey, released by the Korea Institute of Science & Technology Evaluation and Planning [...]
SEOUL, Feb. 21 (Korea Bizwire) — Kwak Noh-jung, chief executive officer (CEO) of SK hynix Inc., has emphasized the critical role of South Korea’s semiconductor industry, saying “stakes are high” in the face of rapidly evolving artificial intelligence (AI). “Reflecting on my time at Semicon Korea 2025, I’m reminded of the immense responsibility we carry [...]
SEOUL, Feb. 20 (Korea Bizwire) — South Korea will acquire 18,000 high-performance graphics processing units (GPUs) by the first half of next year to enhance the country’s artificial intelligence (AI) computing capabilities, the science ministry said Thursday. The government initially plans to secure 10,000 GPUs within this year for the launch of a new national [...]
SEOUL, Feb. 19 (Korea Bizwire) — Semicon Korea 2025, an annual exhibition of semiconductor companies, kicked off Wednesday for a three-day run in Seoul, bringing together hundreds of leading global firms to show the latest advancements in chip technologies, its organizer said. Under the theme “Lead the Edge,” the event features around 500 global chipmakers, [...]
SEOUL, Feb. 18 (Korea Bizwire) — SK Hynix is ramping up preparations for its first semiconductor fabrication plant in the Yongin Cluster, moving forward with infrastructure recruitment to support its growing high-bandwidth memory (HBM) and artificial intelligence (AI) semiconductor production. According to industry sources, SK Hynix has posted job openings on its recruitment website for [...]
SEOUL, Feb. 13 (Korea Bizwire) — As South Korean semiconductor manufacturers pivot toward high-bandwidth memory (HBM) chips in the artificial intelligence era, they face mounting uncertainties from aggressive Chinese competition and potential tariffs threatened by U.S. President Donald Trump. While analysts suggest that tariff impacts may be limited given the relatively small share of semiconductor exports [...]