SEOUL, July 31 (Korea Bizwire) – Samsung Electronics Co. said Wednesday sales of high-performance high bandwidth memory (HBM) products soared more than 50 percent in the second quarter from three months earlier, driven by a boom in generative artificial intelligence. “The memory market continued to be strong in the second quarter, fueled by strong demand [...]
SEOUL, Jul. 30 (Korea Bizwire) — SK hynix Inc., the world’s second-largest memory chip maker, said Tuesday it plans to begin full-fledged production of its next-generation GDDR7 graphics memory chip in the third quarter. The company said the GDDR7 boasts industry-leading qualities, with an operating speed of 32 gigabits per second, a 60 percent improvement [...]
SEOUL, Jul. 23 (Korea Bizwire) – In a strategic move to secure a leading position in the next-generation artificial intelligence (AI) semiconductor market, Samsung Electronics is ramping up investments in AI chip companies. Industry sources reported on July 22 that the Samsung Catalyst Fund (SCF), a venture capital fund that operates under the Samsung Semiconductor Innovation [...]
SEOUL, Jul. 5 (Korea Bizwire) – Samsung Electronics, the world’s largest memory chip maker, has announced a significant increase in performance bonuses for its semiconductor division, signaling a recovery in the chip market after a challenging year. Employees in the company’s Device Solutions (DS) division, which oversees semiconductor operations, will receive bonuses of up to 75% [...]
SEOUL, July 4 (Korea Bizwire) – Samsung Electronics Co., the world’s largest memory chipmaker, has newly set up a unit dedicated to developing high bandwidth memory (HBM) in a bid to regain the leadership in the artificial intelligence semiconductor market, industry sources said Thursday. The new HBM development team, part of an organizational overhaul of [...]
SEOUL, Jul. 4 (Korea Bizwire) – Song Jai-hyuk, Chief Technology Officer of Samsung Electronics’ Device Solutions Division and president of Samsung’s Semiconductor Research Center, expressed optimism about the company’s future in the rapidly evolving semiconductor industry. Speaking at the “Nano Korea 2024″ conference in Goyang on July 3, Song delivered a keynote address titled “Semiconductor Innovation [...]
SEOUL, July 3 (Korea Bizwire) – Samsung Electronics has announced a breakthrough in wearable technology with the introduction of the industry’s first 3-nanometer processor designed for smartwatches. The new chip is expected to power the upcoming Galaxy Watch 7, marking a significant leap in performance and efficiency for wearable devices. On July 3, Samsung revealed the [...]
SEOUL, June 30 (Korea Bizwire) – SK Group, South Korea’s chip-to-construction conglomerate, said Sunday it will secure 80 trillion won (US$58 billion) by 2026 for investments, mainly in artificial intelligence and semiconductors. Some 20 chief executives of the group’s major affiliates gathered at its research center in Icheon, 58 kilometers southeast of Seoul, from Friday [...]
SEOUL, Jun. 27 (Korea Bizwire) – Samsung Electronics’ Device Solutions (DS) Division, responsible for the company’s semiconductor business, held its semi-annual global strategy meeting on June 26 to discuss ways to secure future competitiveness in the semiconductor industry. The meeting, chaired by DS Division head Kyung Kye-hun, was held at Samsung’s Hwaseong campus in Gyeonggi Province. [...]
SEOUL, Jun. 26 (Korea Bizwire) — The finance ministry said Wednesday it will provide low-interest loans of 17 trillion won (US$12.22 billion) next month for corporate investment in the semiconductor industry and will push to extend tax benefits for investment in strategic technologies. It is part of execution plans for the comprehensive support package worth [...]