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Taiwan’s Top Companies Overtake South Korea in Market Cap and Profits

Taiwan’s Top Companies Overtake South Korea in Market Cap and Profits

SEOUL, Apr. 18 (Korea Bizwire) – Over the past decade, Taiwan’s 100 largest companies by market capitalization have surpassed their South Korean counterparts in terms of total market value and operating profits, according to a new analysis.  A study by the corporate data research firm CEOScore, which examined the top 100 non-financial companies in South Korea [...]

Samsung Electronics Develops Industry-first LPDDR5X DRAM

Samsung Electronics Develops Industry-first LPDDR5X DRAM

SEOUL, April 17 (Korea Bizwire) – Samsung Electronics Co., the world’s largest memory chipmaker, said Wednesday it has developed the industry’s first low-power double data rate 5X (LPDDR5X) DRAM chips, a memory solution tailored for AI applications.   The new chip supports the industry’s highest performance of up to 10.7 gigabits-per-second (Gbps), improving performance by [...]

Samsung Electronics Set to Expand Chips Supply Chain after US$6.4 Bln U.S. Grants

Samsung Electronics Set to Expand Chips Supply Chain after US$6.4 Bln U.S. Grants

SEOUL, Apr. 16 (Korea Bizwire) — Samsung Electronics Co. is set to accelerate the expansion of its global semiconductor supply chain in the era of artificial intelligence (AI), following a subsidy of US$6.4 billion from the U.S. government and its extended investment plan. Under the Biden Administration’s announcement, the South Korean chipmaker was to receive [...]

SK Group Emerges as Second-most-valuable Conglomerate

SK Group Emerges as Second-most-valuable Conglomerate

SEOUL, Apr. 16 (Korea Bizwire) — SK Group, South Korea’s chip-to-battery conglomerate, emerged as the second-most-valuable conglomerate after Samsung Group in the Korean stock markets at the end of March, a corporate data firm said Tuesday. SK Group’s emergence was helped by a sharp increase in the value of its chip-making affiliate, SK hynix Inc., [...]

Naver Cloud to Cooperate with Intel to Create AI Chip Ecosystem in S. Korea

Naver Cloud to Cooperate with Intel to Create AI Chip Ecosystem in S. Korea

SEOUL, Apr. 11 (Korea Bizwire) — Naver Cloud Corp., the cloud computing arm of South Korea’s tech giant Naver Corp., said Thursday it will join hands with U.S. chipmaker Intel Corp. to create an artificial intelligence (AI) chip software ecosystem in South Korea. The two companies have agreed to provide IT infrastructure based on Intel’s [...]

S. Korea Aims to Promote Global R&D Projects with 6 Overseas Institutions

S. Korea Aims to Promote Global R&D Projects with 6 Overseas Institutions

SEOUL, Apr. 5 (Korea Bizwire) — South Korea’s industry ministry said Friday it has designated six overseas partner institutions to establish global technology cooperation centers, aiming to advance research projects focused on core technologies. The country will seek to establish such centers under ties with MIT, Yale University, Purdue University, Fraunhofer, Johns Hopkins University and [...]

SK Hynix to Invest US$3.87 Bln to Build Packaging Facility in U.S.

SK Hynix to Invest US$3.87 Bln to Build Packaging Facility in U.S.

SEOUL, Apr. 4 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Thursday it will invest US$3.87 billion to build an advanced packaging fabrication and R&D facility in the United States amid intensifying competition in the high-performance artificial intelligence (AI) memory semiconductor sector. The new facility, located in West Lafayette, Indiana, will begin mass-producing [...]

S. Korea, EU to Conduct Joint Research on Semiconductor, Communications Network Technologies

S. Korea, EU to Conduct Joint Research on Semiconductor, Communications Network Technologies

SEOUL, Mar. 27 (Korea Bizwire) — South Korea and the European Union (EU) have agreed to conduct joint research projects on advanced semiconductor and next-generation communications network technologies in the next three years, Seoul’s science ministry said Wednesday. Under the agreement, South Korea and the EU will jointly invest 12 million euros (US$12.98 million) on [...]

Nvidia Chief Gives Nod to Samsung’s Next-Gen Memory Chip

Nvidia Chief Gives Nod to Samsung’s Next-Gen Memory Chip

SEOUL, Mar. 22 (Korea Bizwire) – Jensen Huang, the chief executive of Nvidia, made a notable appearance at Samsung Electronics’ booth during the annual GTC 2024 developers’ conference in San Jose, California. There, he left a handwritten signature on Samsung’s upcoming high-bandwidth memory chip, HBM3E, fueling expectations of a stronger partnership between the two companies. On [...]

Gov’t Pledges Continued Support for Chip Sector, Aims Export of US$120 Bln

Gov’t Pledges Continued Support for Chip Sector, Aims Export of US$120 Bln

SEOUL, Mar. 21 (Korea Bizwire) — Industry Minister Ahn Duk-geun said Thursday the government will proactively support the semiconductor industry, and accelerate the development of high-bandwidth memory and artificial intelligence chips to achieve the annual export target of US$120 billion. “The government will support the timely establishment of related infrastructure, secure competitive technologies, promote exports, [...]