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S. Korea 3rd-largest Chip Materials Market in 2020

S. Korea 3rd-largest Chip Materials Market in 2020

SEOUL, March 23 (Korea Bizwire) — South Korea, home to chipmaking giants such as Samsung Electronics Co. and SK hynix Inc., was the world’s third-largest market for semiconductor materials in 2020, a report showed Tuesday, moving down one spot from a year earlier after posting an under-par industry average growth. The country’s chip materials market [...]

SK hynix Unveils Tech Road Map for Memory Industry

SK hynix Unveils Tech Road Map for Memory Industry

SEOUL, March 22 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, on Monday unveiled its technology road map for the memory chip industry, highlighting that reliability will be the major requirement for its future growth. SK hynix CEO Lee Seok-hee introduced the company’s vision for the industry at the International Reliability Physics Symposium, [...]

Samsung to Top Chip Capital Expenditures in 2021 amid Competition with TSMC

Samsung to Top Chip Capital Expenditures in 2021 amid Competition with TSMC

SEOUL, March 17 (Korea Bizwire) — Samsung Electronics Co. is expected to top the semiconductor capital spending this year, a report showed Wednesday, as it tries to catch up with the leading foundry firm Taiwan Semiconductor Manufacturing Co. (TSMC). The South Korean tech giant, the world’s largest memory chip producer, has not provided guidance for [...]

Monthlong Shutdown of Samsung’s Texas Chip Plant May Cost Big: Analysts

Monthlong Shutdown of Samsung’s Texas Chip Plant May Cost Big: Analysts

SEOUL, March 17 (Korea Bizwire) — Samsung Electronics Co. may suffer around 400 billion won (US$353 million) in production losses due to a monthlong shutdown of its chip plant in the United States, analysts said Wednesday, amid growing concerns that the production halt could also undermine global smartphone production. Samsung’s plant in Austin, Texas, has [...]

S. Korea to Invest 200 bln Won in Developing Automotive Chip Technology

S. Korea to Invest 200 bln Won in Developing Automotive Chip Technology

SEOUL, March 10 (Korea Bizwire) — South Korea plans to invest more than 200 billion won (US$176 million) in developing automotive chip-making technology by 2022 in an effort to nurture the next-generation vehicle sector, the finance minister said Wednesday. Finance Minister Hong Nam-ki said the government plans to cooperate with local automakers to find ways [...]