SEOUL, Aug. 20 (Korea Bizwire) — China accounted for more than 30 percent of Samsung Electronics Co.’s overall sales over the January-June period, industry data showed Monday, emerging as the company’s largest market and outpacing the American continents for the first time. The South Korean tech giant, which posted sales of 83.9 trillion won (US$74.6 [...]
SEOUL, Jul. 31 (Korea Bizwire) — In order to assist startups in the area of system-on-chip (SoC), the government has come up with a support system to help develop what is still a nascent field in South Korea. The Ministry of Trade, Industry and Energy revealed the launch of a “support center for SoC” that [...]
SEOUL, Jul. 30 (Korea Bizwire) — South Korea vowed Monday to invest 1.5 trillion won (US$1.34 billion) over the next 10 years to maintain its global competitiveness as the country’s industry minister visited key semiconductor production lines of Samsung Electronics Co. and SK hynix Inc. “In order to have South Korea maintain its reputation as [...]
SEOUL, Jul. 27 (Korea Bizwire) — Police authorities have apprehended Korean and Chinese nationals who accepted large sums of money in exchange for providing Chinese companies with information on advanced technology. An international criminal investigation team at the Seoul Metropolitan Police Agency announced yesterday that a 57-year-old individual referred to only as Ryu was arrested [...]
SEOUL, Jul. 27 (Korea Bizwire) — SK hynix Inc. said Friday it will build a new semiconductor fabrication (FAB) plant at its headquarters in Icheon, southeast of Seoul, seeking to cope with the rising demand for memory chips around the globe. South Korea’s No. 2 chipmaker said the construction will begin later this year, which [...]
SEOUL, Jul. 18 (Korea Bizwire) — SK hynix Inc. said Wednesday it will join forces with three of its subcontractors to carry out joint research and development projects as part of its efforts to seek shared growth. The chipmaker said it will provide “comprehensive technological support” to MiCo Ltd., UBmaterials Inc. and TEMC for the [...]
SEOUL, Jul. 17 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it has developed a new mobile dynamic random access memory (DRAM) solution optimized for the fifth-generation (5G) network and artificial intelligence (AI) features of smartphones. The South Korean tech giant said it finished the development of the 10nm-class 8Gb LPDDR5 DRAM in April, boasting [...]
SEOUL, Jul. 10 (Korea Bizwire) — LG Display Co. said Tuesday it won approval to establish a joint venture to open up an organic light-emitting diode (OLED) panel plant in China, helping the company to speed up its business portfolio shift. The company said the Chinese government approved the joint venture to build the OLED [...]
SEOUL, Jul. 10 (Korea Bizwire) — South Korea’s No. 2 chipmaker, SK hynix Inc., said Tuesday it will establish a joint venture in China to build a new 200 mm wafer analog foundry production line. The chipmaker said its wholly owned subsidiary SK hynix System IC Inc. will build a new production line in the [...]
SEOUL, Jul. 3 (Korea Bizwire) — South Korean chipmakers are expected to pay large bonuses to their workers this month amid the prolonged boom in the global semiconductor market, corporate sources said Tuesday. Samsung Electronics Co. told its workers that the company will provide target-achievement incentives, handed out every six months, this week. The amount [...]