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S. Korean Chipmaker Magnachip to be Sold to Chinese PEF for $1.4 bln

S. Korean Chipmaker Magnachip to be Sold to Chinese PEF for $1.4 bln

SEOUL, March 29 (Korea Bizwire) — South Korean chipmaker Magnachip Semiconductor Corp. has said it will be sold to a Chinese private equity fund for about US$1.4 billion. Magnachip, listed on the New York Stock Exchange (NYSE), recently announced that it has signed an agreement with Wise Road Capital Ltd. and its partners to sell [...]

Korean Automotive LED Makers Up Presence in 2020 Despite Market Decline

Korean Automotive LED Makers Up Presence in 2020 Despite Market Decline

SEOUL, March 26 (Korea Bizwire) — South Korea’s two major automotive light-emitting diode (LED) makers saw their revenues increase last year despite an overall market slump amid the pandemic, a report showed Friday. Seoul Semiconductor Co. and Samsung Electronics Co. maintained their status as the world’s fifth- and seventh-largest automotive LED suppliers, respectively, in 2020, [...]

Samsung Develops Industry’s First HKMG Tech-based DDR5 Memory

Samsung Develops Industry’s First HKMG Tech-based DDR5 Memory

SEOUL, March 25 (Korea Bizwire) — Samsung Electronics Co., the world’s largest memory chip producer, said Thursday it has developed a high-capacity dynamic random-access memory (DRAM) module. The South Korean tech giant said its 512-gigabyte (GB) Double Data Rate 5 (DDR5) module is the industry’s first DDR5 product to use a High-K Metal Gate (HKMG) [...]

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, [...]