SEOUL, Jun. 30 (Korea Bizwire) — South Korea will continue to lead in the global memory chip industry and China will have limited impact, at least over the next couple of years, Moody’s Investors Service said Saturday. As the world’s largest consumer of semiconductors, China has made a heavy investment in the sector in order [...]
SEOUL, Jun. 28 (Korea Bizwire) — Small and medium-sized parts makers of memory chips and displays will be able to test their products in assembly lines of large companies that can improve their overall competitiveness, the industry ministry said Thursday. The Ministry of Trade, Industry and Energy held a meeting with leading semiconductor and display [...]
SEOUL, Jun. 6 (Korea Bizwire) — South Korea’s industry minister called on China to fairly conduct an antitrust probe into two Korean chipmakers as regulators are reportedly looking into their alleged price fixing, his office said Tuesday. Paik Un-gyu, South Korean minister of trade, industry and energy, made the request during a meeting with China’s [...]
SEOUL, Jun. 5 (Korea Bizwire) — Last year, semiconductors accounted for 17.4 percent of all exports from South Korea. With aggregate semiconductor exports totaling $92.7 billion, 39.5 percent ended up in China, and 27.2 percent in Hong Kong. In short, the value of Korean semiconductors exported to China accounted for 11.6 percent of all South [...]
POHANG, May 25 (Korea Bizwire) — New technology could make it possible to elevate the performance of semiconductors, as development in the area has remained stagnant in recent years. Spintronics and valleytronics are the latest technologies that could play a significant role in developing next generation semiconductors. Spintronics is the study of an electron’s spin [...]
SEOUL, May 24 (Korea Bizwire) — Sources in China say that electric cars equipped with Korean-made batteries were not included in a list of cars awarded subsidies by the Chinese government. According to industry insiders, the Ministry of Industry and Information Technology in China announced on its website yesterday a list of car models that [...]
SEOUL, May 21 (Korea Bizwire) — Samsung Electronics Co. recently opened a research and development (R&D) center for its foundry business, industry sources said Monday, reflecting its drive to advance deeper into the segment. Industry sources said Samsung, which has emerged as one of the major leaders of the global chip industry, is currently seeking [...]
SEOUL, May 10 (Korea Bizwire) — Samsung Electronics Co. is seeking to narrow its gap with Japanese rival Sony Corp. in the global image sensor market, industry watchers said Thursday, as the segment is set to post sharp growth down the road on rising demand from smartphones and security solutions. Industry tracker IC Insights estimated [...]
ICHEON, May 8 (Korea Bizwire) — SK hynix revealed yesterday that the company had paid 190 billion won in local corporate taxes this year to the government of Icheon in Gyeonggi Province, home to its headquarters and factory. This is a more than fivefold increase from 35.2 billion won in taxes paid last year. Local [...]
SEOUL, Apr. 24 (Korea Bizwire) — SK hynix Inc. said Tuesday its first-quarter net profit advanced 64.4 percent on-year to post its second-highest quarterly report ever, helped by the continued industrywide boom around the globe. Net profit came to 3.1 trillion won (US$2.89 billion), rising 64.4 percent from 1.89 trillion won posted a year earlier, [...]