SEOUL, March 3 (Korea Bizwire) — Despite a solid recovery a month ago, uncertainty is mounting over South Korea’s semiconductor exports in March due to the global spread of the new coronavirus. The deadly coronavirus outbreak is spreading rapidly in South Korea, Japan, Iran and Europe, dampening both business and consumer sentiment as well as [...]
SEOUL, Jan. 19 (Korea Bizwire) – South Korea said Sunday that it will invest 1 trillion won (US$863 million) in the next 10 years to nurture the next-generation semiconductor sector. According to the science ministry, cutting edge artificial intelligent (AI) and system-on-chip (SoC) technology, low energy consumption, high performance new devices and ultrafine fabrication processing [...]
SEOUL, Dec. 18 (Korea Bizwire) — Samsung Electronics Co., the world’s No. 1 memory chipmaker, said Wednesday it will mass-produce an artificial intelligence (AI) chip for Chinese web portal operator Baidu Inc. early next year. Samsung will manufacture Baidu KUNLUN, the Chinese internet firm’s first cloud-to-edge AI accelerator, which is to be built on Baidu’s [...]
SEOUL, Dec. 17 (Korea Bizwire) — Shares in Samsung Electronics and SK hynix — South Korea’s two largest chipmakers — soared to close at fresh yearly highs on Tuesday, buoyed by expectations for growing demand and a recovery in global chip prices. Samsung, the world’s No. 1 memory chipmaker, spiked 3.66 percent to close at [...]
SEOUL, Dec. 13 (Korea Bizwire) — Samsung Electronics Co. will invest an additional US$8 billion into its memory chip plant in Xian, China, officials confirmed Thursday, as the South Korean tech giant further expands its presence in the world’s second largest economy. According to Chinese media and Xian’s municipal government, Kang Bong-yong, a Samsung Electronics [...]
SEOUL, Dec. 4 (Korea Bizwire) — A Seoul court ruled in favor of South Korea’s antitrust regulator Wednesday, saying that the watchdog’s 2016 decision to impose a record fine on U.S. chipmaker Qualcomm Inc. for unfair business practices was justifiable. The ruling will be a setback for Qualcomm, which challenged the Fair Trade Commission’s (FTC) [...]
SEOUL, Nov. 28 (Korea Bizwire) — Samsung Electronics Co. has agreed to supply central processing units (CPUs) for computers to Intel Corp. to help address the U.S. chipmaker’s chip supply issues, industry sources said Thursday. Intel has been struggling to meet demand for 14-nanometer chips for PCs since late 2018 and recently issued an apology [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Korea’s chip and display industries, the backbone of Asia’s No. 4 economy, have remained intact since Tokyo’s export curbs against the Asian neighbor, Seoul’s trade ministry said Sunday. The country’s top four tech giants — Samsung Electronics Co., Samsung Display Co., SK hynix Inc. and LG Display Co. [...]
SEOUL, Nov. 20 (Korea Bizwire) – U.S. semiconductor equipment maker Lam Research Corp. will build a technology center in South Korea, officials said Wednesday. Yongin city authorities signed a deal with Lam Research Korea, the South Korean unit of the U.S. company, earlier in the day to provide the supplier of wafer fabrication equipment and services [...]
SEOUL, Nov. 19 (Korea Bizwire) — Samsung Electronics Co.’s operating earnings are expected to rebound in the first quarter of 2020 compared with a year ago on a recovery in chip demand and low base effect, analysts said Tuesday. Samsung’s operating profit was estimated at 6.6 trillion won (US$5.6 billion) in the first three months [...]