SEOUL, Apr. 26 (Korea Bizwire) — Yonsei University plans to open up a new Department of System Semiconductor Engineering in 2021 that will offer graduates the guarantee of a job at Samsung Electronics Co. The university and Samsung agreed early this week to create the new department and have notified the Ministry of Education. The [...]
SEOUL, Apr. 25 (Korea Bizwire) — SK hynix Inc. said Thursday its first-quarter net dipped 64.7 percent from a year earlier, due to a slump in the global chipmaking business. The net profit for the world’s No. 2 memory chip producer came to 1.1 trillion won (US$952 million) in the January-March period, compared with a [...]
SEOUL, Apr. 24 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it will invest 133 trillion won (US$115.7 billion) by 2030 to expand its non-memory and foundry business to take the top spot in the high-tech and lucrative sector. The world’s largest memory chip maker announced measures to develop the semiconductor ecosystem with increased investment [...]
SEOUL, Apr. 22 (Korea Bizwire) — South Korea’s major chipmakers are stepping up efforts to expand their presence in the foundry and non-memory businesses to diversify portfolios that heavily rely on memory chips in search of new growth engines, industry officials said Monday. Samsung Electronics Co. and SK hynix Inc. hold over 60 percent of [...]
SEOUL, Apr. 18 (Korea Bizwire) — South Korean memory chipmaker SK hynix Inc. said Thursday it has completed the expansion of its fabrication line in China to step up its DRAM production. The 58,000 square-meter facility in the eastern Chinese city of Wuxi will start operation in the second quarter, SK hynix said. The 950 [...]
SEOUL, Apr. 16 (Korea Bizwire) — Samsung Electronics Co. said Tuesday that it has completed the development of its latest fabrication process technology, bolstering its bid to expand its presence in the global foundry market. Samsung, the world’s largest memory chip maker, said the development of its 5-nanometer (nm) FinFET process technology is complete and [...]
SEOUL, Apr. 5 (Korea Bizwire) — Samsung Electronics Co. said Friday its operating earnings likely plunged in the first quarter from a year earlier amid falling memory chip prices and weak demand for display panels. The operating profit was estimated at 6.2 trillion won (US$5.45 billion) in the January-March period, a 60.4 percent drop from [...]
SEOUL, Apr. 1 (Korea Bizwire) — The party is over for South Korean memory chip makers after a two-year boom, and deep-pocketed industry leaders are now looking to the future to find the new growth drivers in the non-memory chip business. Samsung Electronics Co. and SK hynix Inc., the world’s two largest memory chip makers, [...]
SEOUL, Mar. 28 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, on Thursday unveiled a 1.2 trillion-won (US$1.05 billion) support plan for subcontracting firms and their R&D projects as it won approval for its plan to build a semiconductor cluster in the Seoul metropolitan area. Under the project, valued at 120 trillion [...]
SEOUL, Mar. 27 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, on Wednesday won approval for its plan to build a semiconductor cluster in the Seoul metropolitan area as the government decided to lift development regulations in the region. The update on the project, valued at 120 trillion won (US$136 billion) came [...]