SEOUL, Dec. 1 (Korea Bizwire) — Samsung Electronics Co. is planning to use a double-stack technology to develop its next-generation V-NAND flash memory, industry officials said Tuesday, as the world’s largest memory chip producer tries to further cement its leading position in the sector. At its investors’ forum held Monday, Samsung revealed that it will [...]
SEOUL, Nov. 26 (Korea Bizwire) — Samsung Electronics Co. maintained its top spot in the global NAND flash market in the third quarter of the year on the back of increased revenue, a report showed Thursday. The South Korean tech giant, also the leader in the DRAM sector, had a 33.1 percent share of the [...]
SEOUL, Nov. 25 (Korea Bizwire) – SK Telecom Co., South Korea’s leading wireless carrier, said Wednesday it launched a new artificial intelligence (AI) semiconductor for data center operations as it seeks to capture growing global demand for the chips. The new SAPEON X220 is the first AI chip developed by the mobile carrier and also [...]
SEOUL, Nov. 24 (Korea Bizwire) — Samsung Electronics Co. is expected to maintain second place in the global semiconductor supplier ranking this year behind U.S. giant Intel Corp. despite a solid sales increase, an industry report showed Tuesday. The South Korean tech giant was projected to log US$60.4 billion in chip sales this year, up [...]
SEOUL, Nov. 18 (Korea Bizwire) — South Korea has the highest concentration of wafer capacity dedicated to advanced technology nodes, a report showed Wednesday, underscoring its leadership in the chip manufacturing sector. The country, home to major chipmakers like Samsung Electronics Co. and SK hynix Inc., is more leading-edge focused than any other nation, with [...]
SEOUL, Nov. 4 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, aims to triple its NAND flash sales in the next five years with the acquisition of Intel Corp.’s non-volatile memory business unit, its CEO said Wednesday. In a rare conference call appearance, SK hynix CEO Lee Seok-hee explained the company’s 10.3 trillion-won [...]
SEOUL, Nov. 4 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, on Wednesday reported estimate-beating third-quarter earnings on the back of a recovery in demand for mobile chips amid the pandemic. Its net profit stood at 1.07 trillion won (US$950.4 million) in the third quarter of the year, up 117.5 percent from a [...]
SEOUL, Oct. 29 (Korea Bizwire) — Lee Seok-hee, the CEO of SK hynix Inc., said Thursday he believes the company’s 10.3 trillion won (US$9 billion) acquisition of Intel Corp.’s NAND memory business is not an expensive deal. South Korea’s No. 2 chipmaker last week announced it agreed to buy Intel’s non-volatile memory unit for $9 [...]
SEOUL, Oct. 25 (Korea Bizwire) — Samsung Group chief Lee Kun-hee, who died Sunday at the age of 78, has been recognized as a figure who led the tech giant to become the world’s leading player in the semiconductor and mobile phone sectors with his unrivaled insights. When Lee first took the helm of Samsung [...]
SEOUL, Oct. 23 (Korea Bizwire) — SK hynix Inc.’s acquisition of Intel Corp.’s NAND memory business will bring positive results to the company, analysts here said Friday, as it can beef up profitability and technological prowess in the sector. South Korea’s No. 2 chipmaker on Tuesday announced a 10.3 trillion-won (US$9 billion) deal to buy [...]