SEOUL, Jan. 2 (Korea Bizwire) — SK hynix Inc. CEO Kwak Noh-jung said Thursday the company aims to achieve another quantum leap in artificial intelligence chip technology in 2025, continuing what he described as SK hynix’s “Renaissance.” “It is time to move beyond the achievements of the past year in every aspect,” Kwak said in [...]
SEOUL, Dec. 26 (Korea Bizwire) – As global competition in advanced industries intensifies, more than half of South Korean companies in cutting-edge sectors, including biotechnology, batteries, and semiconductors, view the country’s regulatory environment as excessively stringent compared to international competitors. A survey conducted by the Korea Chamber of Commerce and Industry (KCCI) among 433 companies [...]
SEOUL, Dec. 26 (Korea Bizwire) — The South Korean government designated a semiconductor cluster in Yongin, located on the southern outskirts of Seoul, as a national industrial complex, aiming to create one of the country’s biggest chip manufacturing hubs by 2030, the land ministry said Thursday. According to the ministry, the plan for the Yongin [...]
SEOUL, Dec. 23 (Korea Bizwire) – The projected fourth-quarter earnings for South Korea’s semiconductor leaders, Samsung Electronics and SK Hynix, have been revised downward as prolonged economic uncertainty weighs on IT demand. A polarized market driven by robust growth in artificial intelligence (AI) chips contrasts sharply with declining legacy semiconductor demand, creating headwinds for the [...]
SEOUL, Dec. 19 (Korea Bizwire) – South Korean industry and academia have proposed creating a “KSMC” (Korea Semiconductor Manufacturing Company), modeled after Taiwan’s TSMC, to address challenges facing the nation’s semiconductor industry. The plan, revealed at a seminar held by the National Academy of Engineering of Korea (NAEK) on December 18, aims to build a [...]
SEOUL, Dec. 18 (Korea Bizwire) – Kioxia Holdings, Japan’s leading NAND flash memory producer and formerly Toshiba Memory, made its debut on the Tokyo Stock Exchange Prime Market on December 18, drawing attention from the global semiconductor industry. The IPO raises questions about shifts in the NAND market, currently dominated by Samsung Electronics and SK Hynix, [...]
SEJONG, Dec. 17 (Korea Bizwire) — South Korea’s industry ministry said Tuesday the country has kicked off its first domestic production of filters using nanotechnology, paving the way for the self-supply of a critical product needed to produce semiconductors. The production began at the factory of Synopex Inc. in Dongtan, 40 kilometers south of Seoul, [...]
SEOUL, Dec. 16 (Korea Bizwire) – SK Hynix is accelerating efforts to expand its high-bandwidth memory (HBM) production capabilities by staffing its new M15X fab in Cheongju, South Korea. The move underscores the company’s commitment to maintaining its leadership in the HBM market amid robust AI-driven demand expected to outstrip supply through 2025. Preparing for Expanded [...]
SEOUL, Dec. 16 (Korea Bizwire) — South Korea’s major corporations, including Samsung, SK, Hyundai, and LG, are closely monitoring the political and economic fallout following the impeachment of President Yoon Suk-yeol. As the nation grapples with heightened uncertainty, compounded by the anticipated inauguration of Donald Trump’s second U.S. presidency, businesses are taking cautious steps to [...]
SEOUL, Dec. 16 (Korea Bizwire) – President Yoon Suk Yeol’s ambitious industrial agenda, including a focus on nuclear energy, offshore gas development, and semiconductor industry support, faces potential setbacks following his impeachment by the National Assembly on December 14. Industry experts warn that any weakening of government semiconductor support could cause South Korea to miss a crucial [...]