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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 [...]

Samsung to Suffer Prolonged Shutdown in Texas Chip Plant After Power Outage

Samsung to Suffer Prolonged Shutdown in Texas Chip Plant After Power Outage

SEOUL, March 3 (Korea Bizwire) — Samsung Electronics Co. is likely to suffer a prolonged shutdown of its chip plant in the United States following a power outage, industry insiders said Wednesday, amid growing speculation that it is pushing to expand its semiconductor facility there. Samsung and other chipmakers in Texas are expected to need [...]

Samsung Develops AI Processor-embedded Memory Chip

Samsung Develops AI Processor-embedded Memory Chip

SEOUL, Feb. 17 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it has developed an artificial intelligence (AI) processor-embedded high bandwidth memory (HBM) chip that boasts low energy consumption and enhanced performance. Using processing-in-memory (PIM) technology, the South Korean tech giant said it integrated AI engines onto its HBM2 Aquabolt, becoming the first in the [...]

Samsung Remains No. 2 Chip Buyer in 2020

Samsung Remains No. 2 Chip Buyer in 2020

SEOUL, Feb. 10 (Korea Bizwire) — Samsung Electronics Co. remained the world’s second-largest chip buyer behind U.S. tech titan Apple Inc. last year, a report showed Wednesday, while manufacturers’ spending on semiconductors increased due to the pandemic-induced stay-at-home economy. Samsung, the world’s largest smartphone and TV maker, accounted for 8.1 percent of global semiconductor spending [...]