SEOUL, May 25 (Korea Bizwire) — Samsung Electronics Co.’s share of the global NAND flash market in the first quarter of the year dropped slightly compared to three months earlier, a report showed Monday, although it maintained dominance in the sector. The South Korean tech giant, also the leader in the DRAM sector, had a [...]
SEOUL, May 22 (Korea Bizwire) — Samsung Electronics Co., the world’s largest memory chipmaker, said Friday that it has sent 300 more South Korean engineers and workers to China to complete the expansion of its second chip manufacturing plant amid the novel coronavirus pandemic. Samsung said engineers and workers, including some from its subcontractors, left [...]
SEOUL, May 21 (Korea Bizwire) – Samsung Electronics Co. said Thursday it will add a foundry production line in South Korea to expand its presence in the contract chipmaking sector dominated by Taiwan Semiconductor Manufacturing Company (TSMC) Ltd. and reduce its heavy reliance on its memory chip business. Samsung said its new foundry manufacturing line using [...]
SEOUL, May 20 (Korea Bizwire) — South Korean chipmakers are looking to score big in the graphics DRAM sector in the second half of the year, industry observers said Wednesday, as demand for such products is expected to rise with the release of new graphics processing units (GPUs) and new gaming consoles. According to DRAMeXchange, [...]
SEOUL, May 12 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, said Tuesday it has joined hands with the country’s leading research university to use artificial intelligence (AI) technology in the chip manufacturing process. Under the memorandum of understanding with the Korea Advanced Institute of Science and Technology (KAIST), SK hynix will provide [...]
SEOUL, April 23 (Korea Bizwire) — SK hynix Inc. on Thursday delivered an earnings surprise for the first quarter of the year, apparently aided by increased demand for IT products needed for social distancing amid the coronavirus outbreak. The net profit of South Korea’s No. 2 memory chip producer came to 649.1 billion won (US$526 [...]
SEOUL, April 9 (Korea Bizwire) — South Korean researchers have developed a highly efficient artificial intelligence (AI) semiconductor that can be used in high-end servers and Internet of Things (IoT) systems. The Ministry of Science and ICT announced Tuesday that a joint research team from the Electronics and Telecommunications Research Institute (ETRI), SK Telecom Co. [...]
SEOUL, April 7 (Korea Bizwire) — Samsung Electronics Co. on Tuesday delivered better-than-expected first-quarter earnings as robust demand for chips apparently offset a slump in smartphone and home appliance sales amid the novel coronavirus pandemic, but analysts warned that the company may feel the pinch of the COVID-19 outbreak during the current quarter. The South [...]
SEOUL, March 31 (Korea Bizwire) — SK hynix Inc.’s revenue from its non-memory chip business spiked last year, its business report showed Tuesday, as South Korea’s No. 2 chipmaker looks to expand its presence beyond the memory semiconductor industry. SK hynix’s non-memory chip business logged sales of 1.6 trillion won (US$1.3 billion) in 2019, more [...]
SEOUL, March 31 (Korea Bizwire) — South Korean chipmaker MagnaChip Semiconductor Corp. said Tuesday it has signed a deal to sell its foundry business and a domestic plant for US$435 million. The assets will be sold to a special purpose company (SPC) set up by two local buyout firms — Alchemist Capital Partners Korea and [...]