SEOUL, Jan. 28 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, on Friday reported strong fourth-quarter earnings, helped by solid memory chip demand for servers and smartphones. Net profit for the three months that ended in December leaped 87.5 percent from a year earlier to 3.31 trillion won (US$2.8 billion). Operating profit [...]
SEOUL, Jan. 26 (Korea Bizwire) — Samsung Electronics Co. said Wednesday its chipmaking facility in the Chinese city of Xi’an has returned to normal as the city has lifted a lockdown. The world’s largest memory chip maker had temporarily adjusted operations at its NAND flash chips manufacturing base late last month following the lockdown in [...]
SEOUL, Jan. 18 (Korea Bizwire) — Samsung Electronics Co. on Tuesday unveiled an advanced mobile application processor in the latest move to bolster its minimal presence in the global mobile application processor market. Samsung said the new processor, the Exynos 2200, is built on the most advanced 4-nanometer extreme ultraviolet lithography process and is empowered [...]
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 [...]