SEOUL, Jul. 28 (Korea Bizwire) — Samsung Electronics Co. emerged as the world’s No. 1 chipmaker in terms of sales and operating profits in the second quarter, beating behemoth Intel Corp. market data showed Friday. The rise of Samsung is significant as Intel has been standing as the leading computer chip producer for some 24 [...]
SEOUL, Jul. 26 (Korea Bizwire) — SK hyinx Inc. said Wednesday it plans to allocate some 9.6 trillion won (US$8.5 billion) this year to expand its production facilities for dynamic random-access memory (DRAM) and NAND chips. Through a regulatory filing, the South Korean chipmaker said it expanded the amount of investment originally estimated at 7 [...]
SEOUL, Jul. 25 (Korea Bizwire) — South Korea’s No. 2 chipmaker SK hynix Inc. said Tuesday its second-quarter net profit shot up nearly ninefold, apparently helped by a strong average sales price of dynamic random-access memory (DRAM) and NAND chips. The record-breaking net profit came to 2.46 trillion won (US$2.2 billion), soaring from 286 billion [...]
SEOUL, Jul. 18 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it expanded production of new high-performance dynamic random-access memory (DRAM) chips that can be utilized for artificial intelligence (AI) systems. The South Korean tech giant said it kicked off full-fledged mass production of the industry’s first high-performance 8GB High Bandwidth Memory 2 (HBM) DRAM [...]
SEOUL, Jul. 10 (Korea Bizwire) — Major chipmaker SK hynix Inc. said Monday it officially launched a new affiliate, which will focus on the company’s foundry business and tap deeper into the system chip industry. SK hynix System IC Inc., wholly owned by SK hynix, will focus on the foundry business, which refers to making [...]
SEOUL, Jun. 20 (Korea Bizwire) — Naver Corp., South Korea’s top Internet portal operator, said Monday that it will work with global chipmaker Qualcomm Inc. to further develop its artificial intelligence (AI) platform, Clova. Under an agreement with Qualcomm’s subsidiary, Qualcomm Technologies, Naver will provide Clova for use with the global giant’s Internet of Things (IoT) [...]
SEOUL, May 19 (Korea Bizwire) – South Korea’s chipmaker SK hynix is set to join the second bidding to take over the memory division of Japanese tech giant Toshiba Corp., industry sources said Friday. According to the sources, SK hynix has conducted a study on the acquisition under a request from Toshiba. The South Korean [...]
SEOUL, May 11 (Korea Bizwire) – South Korea’s No. 3 chipmaker SK hynix Inc. has emerged as the third-largest semiconductor manufacturer in the world in terms of sales, data showed Thursday, narrowing its gap with rival Samsung Electronics Co. According to the data compiled by industry tracker IC Insights, SK hynix posted sales of US$5.5 [...]
SEOUL, May 4 (Korea Bizwire) – South Korean chipmakers are set to benefit from rising demand for semiconductors, a global market research firm said Wednesday. The average price of the mainstay dynamic random-access memory chip (DRAM) product ‘DDR4 4Gb 512Mx8 2133MHz’ jumped more than 12 percent to US$3.09 as of April 28 from $2.75 on March 31, according to DRAMeXchange. The memory and storage [...]
SEOUL, April 24 (Korea Bizwire) – SK Group Chairman Chey Tae-won headed for Japan on Monday, a visit seen to help the group’s efforts to take over the memory division of Japanese tech giant Toshiba Corp., industry sources said. Chey is widely expected to meet executives of Toshiba to discuss SK hynix Inc.’s intention to [...]