SEOUL, Oct. 16 (Korea Bizwire) — The government will provide low-interest loans and other support worth 8.8 trillion won (US$6.45 billion) for the semiconductor industry by next year in an effort to strengthen the competitiveness of the advanced sector, the finance ministry said Wednesday. It is part of execution plans for the comprehensive support package [...]
SEOUL, Sept. 28 (Korea Bizwire) – South Korean prosecutors have indicted two former semiconductor industry executives on charges of stealing cutting-edge memory chip technology from Samsung Electronics and using it to establish a rival company in China. The Seoul Central District Prosecutors’ Office announced on September 27 that it had formally charged the two men, identified [...]
SEOUL, Sept. 26 (Korea Bizwire) – South Korea’s nuclear safety regulator said Thursday the radiation exposure of two workers at Samsung Electronics Co.’s chip plant was caused by mismanagement of safety equipment. In late May, the two workers in the chip production line of Samsung’s Giheung Campus in Yongin, 42 kilometers south of Seoul, experienced X-ray [...]
SEOUL, Sept. 26 (Korea Bizwire) — SK hynix Inc., the world’s second-largest memory chipmaker, said Thursday it has begun mass production of 12-layer high bandwidth memory (HBM) chips, the first in the world, solidifying its competitive edge over rivals. The new 36-gigabit 12-layer HBM3E chip will be supplied to its customers, including U.S. AI chip [...]
SEOUL, Sept. 20 (Korea Bizwire) — The state arms procurement agency on Friday launched a unit dedicated to developing, managing and certifying semiconductors used in defense systems to meet growing demand for such chips amid evolving warfare and artificial intelligence technology. A ceremony marking its opening took place at the Daejeon office of the Defense [...]
SEOUL, Sept. 13 (Korea Bizwire) – A recent study has revealed that 27 non-owning executives of South Korean companies with market capitalizations exceeding 2 trillion won hold stock wealth valued at over 10 billion won each, highlighting a growing trend of wealth accumulation among professional managers in the country’s booming tech sector. The Korea CXO Institute, [...]
SEOUL, Sept. 12 (Korea Bizwire) – Samsung Electronics’ ambitious push into advanced chip manufacturing in the United States has encountered a significant setback, with the company recalling a majority of its Korean employees from its Taylor, Texas foundry project. This move signals a pause in the semiconductor giant’s drive to challenge Taiwan’s TSMC in the cutting-edge [...]
SEOUL, Sept. 3 (Korea Bizwire) – SK hynix Inc., the world’s second-largest memory chipmaker, is developing next-generation high bandwidth memory (HBM) products to meet booming global demand for artificial intelligence and higher performance computing, a senior executive said Tuesday. “Demand for improvement in memory bandwidth is increasing following a spike in data traffic in the [...]
SEOUL, Sept. 2 (Korea Bizwire) — With the semiconductor industry experiencing a boom leading to a vibrant job market, South Korean tech giants are facing a growing dilemma: how to prevent technology leaks while competing for top talent. Industry leaders like Samsung Electronics and SK Hynix routinely require employees to sign non-compete agreements, typically barring them [...]
SEOUL, Aug. 29 (Korea Bizwire) — SK hynix Inc., the world’s second-largest memory chip maker, said Thursday it has developed the world’s first 16 gigabyte DDR5 chip using the sixth generation of the 10 nanometer chipmaking technology. According to SK hynix, the new product comes with an improvement in cost competitiveness when compared with the [...]