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 [...]
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 [...]
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 [...]
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 [...]
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, [...]
SEOUL, July 2 (Korea Bizwire) — Samsung Electronics Co. dominated the global market for smartphone memory chips in the first quarter of the year, a report showed Thursday, despite the industry’s overall decline in revenue. In terms of revenue, Samsung maintained its top position in the smartphone memory market with a 50 percent share in [...]
SEOUL, June 30 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, is likely to see its second-quarter profit more than double from a year earlier, analysts here said Tuesday, thanks to strong memory chip prices amid the novel coronavirus pandemic. SK hynix was expected to log 8.29 trillion won (US$6.9 billion) in sales [...]
SEOUL, June 30 (Korea Bizwire) — Samsung Electronics Co. has unveiled a miniaturized model of its first chip fab, Phase 1 (P1) fab, at the company’s Pyeongtaek plant in Gyeonggi Province made entirely of Lego blocks. The P1 fab is the world’s largest semiconductor production line. The creation of the Lego model is part of [...]
SEOUL, June 29 (Korea Bizwire) — Samsung Electronics Co.’s second-quarter earnings could be better than expected, analysts here said Monday, as its robust chip business is likely to offset losses in its smartphone and display businesses amid the novel coronavirus pandemic. Samsung was expected to log 53.39 trillion won (US$44.4 billion) in sales in the [...]
SEOUL, June 25 (Korea Bizwire) — A team of researchers has developed a new insulator material that can lead to production of smaller and faster semiconductors, the science ministry said Thursday. The team from the state-run Ulsan National Institute of Science and Technology (UNIST), Samsung Advanced Institute of Technology and foreign partners has created a [...]