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S. Korean DRAM Suppliers to Cut Capital Expenditure in 2020

S. Korean DRAM Suppliers to Cut Capital Expenditure in 2020

SEOUL, Aug. 20 (Korea Bizwire) — South Korea’s major chipmakers are expected to cut their DRAM capital spending this year, a report showed Thursday, as they become cautious over market conditions amid the pandemic. Samsung Electronics Co.’s DRAM capital expenditure budget is projected to decline 21 percent to US$4.9 billion this year, according to market [...]

Samsung’s Advanced Chip Packaging Solution Ready for Use

Samsung’s Advanced Chip Packaging Solution Ready for Use

SEOUL, Aug. 13 (Korea Bizwire) — Samsung Electronics Co. said Thursday that its advanced chip packaging technology is now ready for use after the company succeeded in producing test chips with the solution that can improve speed and power efficiency of logic semiconductors. Its silicon-proven 3D integrated circuit (IC) packaging technology, dubbed “eXtended-Cube” or simply [...]

Samsung’s Foundry Biz Expected to Further Grow in H2

Samsung’s Foundry Biz Expected to Further Grow in H2

SEOUL, Aug. 1 (Korea Bizwire) — Samsung Electronics Co. is projected to see further growth in its foundry business in the second half of the year, analysts here said Saturday, with growing expectations for receiving orders from Intel Corp. In its second-quarter earnings announcement, the world’s largest memory chipmaker said its foundry business achieved record [...]

SK hynix Expects Solid Demand in H2 After Upbeat Q2 Earnings

SK hynix Expects Solid Demand in H2 After Upbeat Q2 Earnings

SEOUL, July 23 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, announced on Thursday that it expects solid chip demand in the second half of the year following its strong second-quarter performance on the back of robust demand for server chips amid the novel coronavirus pandemic. Its net profit more than doubled to [...]

S. Korea’s Chipmaking Equipment Spending Likely to be 3rd Largest This Year

S. Korea’s Chipmaking Equipment Spending Likely to be 3rd Largest This Year

SEOUL, July 22 (Korea Bizwire) — South Korea’s spending on chipmaking equipment is likely to be the third largest of any country this year, industry data showed Wednesday, amid solid global chip demand sparked by the pandemic-driven stay-at-home economy. South Korea, home to major memory chip producers Samsung Electronics Co. and SK hynix Inc., is [...]

Samsung Electronics World’s No. 2 Chip Firm by Market Cap

Samsung Electronics World’s No. 2 Chip Firm by Market Cap

SEOUL, July 16 (Korea Bizwire) — Samsung Electronics Co., South Korea’s leading tech firm, is the world’s second-largest semiconductor company in terms of market capitalization, data showed Thursday, despite a share price drop. Samsung’s market value totaled US$261.9 billion as of last Friday, only behind Taiwan Semiconductor Manufacturing Company (TSMC), whose market cap reached $306.3 [...]

Samsung Q2 Earnings Beat Estimate on Chip Biz, One-time Gains

Samsung Q2 Earnings Beat Estimate on Chip Biz, One-time Gains

SEOUL, July 7 (Korea Bizwire) – Samsung Electronics Co. on Tuesday expected a stronger than expected second-quarter performance as solid demand for server chips appeared to offset a slump in smartphone sales amid the novel coronavirus pandemic, while one-time gains in the display business also helped push up its bottom line. In its earnings guidance, [...]