SEOUL, Jan. 23 (Korea Bizwire) — South Korean chip giants Samsung Electronics Co. and SK hynix Inc. are expected to see their operating profit drop sharply in the first quarter on sluggish demand following a bumper year, industry sources said Wednesday. Bolstered by a “superboom” in the global semiconductor market, Samsung and SK hynix posted [...]
SEOUL, Jan. 22 (Korea Bizwire) — Prices of dynamic random-access memory (DRAM) chips for data center servers are expected to drop about 50 percent this year due to inventory problems, a market tracker said Tuesday. In its latest market report, DRAMeXchange predicted that prices of server DRAM chips will plummet more than 20 percent on-quarter [...]
GUMI, Jan. 17 (Korea Bizwire) – With the construction plan for SK hynix Inc.’s 120 trillion won (US$106 billion) cluster for semiconductors to be announced next month, the city of Gumi in North Gyeongsang Province is rushing to come up with a master plan to be selected as the site for the cluster. The Ministry of Economy [...]
SEOUL, Jan. 14 (Korea Bizwire) — The global semiconductor industry is expected to expand 2.6 percent on-year in 2018 on steady demand, despite an end to a super boom in the memory chip segment, a report showed Monday. According to the recent report from market researcher Gartner, sales of the world chip industry are projected [...]
SEOUL, Dec. 28 (Korea Bizwire) — SK hynix Inc. has announced new policy to continue employing outstanding engineers past retirement. A number of selected engineers will be able to continue to work without having to retire. Currently, the retirement age at SK hynix is 60. Experts argue that the new measure aims not only to [...]
SEOUL, Dec. 19 (Korea Bizwire) — South Korea’s No. 2 chipmaker, SK hynix Inc., on Wednesday held a groundbreaking ceremony for a new chip production line that is expected to commence operations in October 2020. The M16 production line, located in Icheon, 80 kilometers southeast of Seoul, will be built on a 53,000-square meter lot. [...]
SEOUL, Dec. 18 (Korea Bizwire) — The local semiconductor industry is waiting for the latest corporate performance results of U.S. rival firm Micron Technology, Inc to get a better idea of where it is headed, officials said Tuesday. Micron is due to announce its profits for the September-November period Wednesday. “The market’s concern grew when [...]
SEOUL, Dec. 17 (Korea Bizwire) — The CTO of HiSilicon Technologies Co., the semiconductor design company of China’s Huawei Technologies Co., was previously employed as an executive director at Samsung Electronics Co. The industry was shocked when Huawei successfully poached the high-ranking Samsung executive. He was the key figure who had developed Samsung Electronics’ 10-nanometer [...]
SEOUL, Nov. 23 (Korea Bizwire) — Samsung Electronics Co. made a formal apology Friday to all victims of work-related diseases who were employed at the company’s chip and display production lines, settling the long-standing dispute that lasted for more than a decade. Samsung Electronics President and CEO Kim Ki-nam, who heads the tech giant’s crucial [...]
SEOUL, Oct. 26 (Korea Bizwire) — Samsung Electronics Co. and SK hynix Inc., the two major local players in the semiconductor industry, are set to post record-breaking growth in the third quarter in spite of various domestic and international hurdles. Despite the controversy last year surrounding the price of semiconductor chips, which some experts claimed [...]