SEOUL, Feb. 27 (Korea Bizwire) — South Korea’s National Assembly passed the so-called ‘K-Chips Act’ on February 27, expanding tax benefits for semiconductor companies in a move aimed at strengthening the nation’s global competitiveness in chip manufacturing. The legislation comes at a crucial time as geopolitical uncertainties, including the new U.S. administration’s trade policies, add pressure [...]
SEOUL, Feb. 25 (Korea Bizwire) — SK hynix Inc. said Tuesday it has started construction on its first fabrication plant and relevant facilities at an envisioned semiconductor cluster in Yongin, south of Seoul. The company broke ground Monday after receiving approval from the Yongin municipal government last week, according to SK hynix’s newsroom. The Yongin [...]
SEOUL, Feb. 24 (Korea Bizwire) — In a striking reversal, South Korea has lost its technological edge to China across most semiconductor sectors over the past two years, according to a new survey that highlights shifting dynamics in the global chip industry. The survey, released by the Korea Institute of Science & Technology Evaluation and Planning [...]
SEOUL, Feb. 21 (Korea Bizwire) — Kwak Noh-jung, chief executive officer (CEO) of SK hynix Inc., has emphasized the critical role of South Korea’s semiconductor industry, saying “stakes are high” in the face of rapidly evolving artificial intelligence (AI). “Reflecting on my time at Semicon Korea 2025, I’m reminded of the immense responsibility we carry [...]
SEOUL, Feb. 20 (Korea Bizwire) — South Korea will acquire 18,000 high-performance graphics processing units (GPUs) by the first half of next year to enhance the country’s artificial intelligence (AI) computing capabilities, the science ministry said Thursday. The government initially plans to secure 10,000 GPUs within this year for the launch of a new national [...]
SEOUL, Feb. 19 (Korea Bizwire) — Semicon Korea 2025, an annual exhibition of semiconductor companies, kicked off Wednesday for a three-day run in Seoul, bringing together hundreds of leading global firms to show the latest advancements in chip technologies, its organizer said. Under the theme “Lead the Edge,” the event features around 500 global chipmakers, [...]
SEOUL, Feb. 18 (Korea Bizwire) — SK Hynix is ramping up preparations for its first semiconductor fabrication plant in the Yongin Cluster, moving forward with infrastructure recruitment to support its growing high-bandwidth memory (HBM) and artificial intelligence (AI) semiconductor production. According to industry sources, SK Hynix has posted job openings on its recruitment website for [...]
SEOUL, Feb. 13 (Korea Bizwire) — As South Korean semiconductor manufacturers pivot toward high-bandwidth memory (HBM) chips in the artificial intelligence era, they face mounting uncertainties from aggressive Chinese competition and potential tariffs threatened by U.S. President Donald Trump. While analysts suggest that tariff impacts may be limited given the relatively small share of semiconductor exports [...]
SEOUL, Feb. 6 (Korea Bizwire) – SK hynix Inc. said Thursday it has acquired a global certification for information security in the automobile industry for the first time as a memory company. The South Korean chip giant said all of its domestic sites in Icheon, Bundang and Cheongju have been awarded the Trusted Information Security [...]
LAS VEGAS, Jan. 7 (Korea Bizwire) — Jensen Huang, CEO of Nvidia Corp., on Tuesday hinted that Samsung Electronics Co. will soon be able to supply its high bandwidth memory (HBM) chips to the U.S. AI chip giant. “They are working on it. They’re gonna succeed. No question,” Huang said in a press event on [...]