SEOUL, May 13 (Korea Bizwire) — South Korea will push to set up a package worth over 10 trillion won (US$7.28 billion) to support the chip industry as part of efforts to boost the competitiveness of the critical industry and to prop up economic growth, the finance ministry has said. The planned assistance program of [...]
SEOUL, May 9 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Thursday it has developed a next-generation mobile NAND solution designed for on-device artificial intelligence (AI) applications. The new Zoned UFS (ZUFS) 4.0 is a NAND flash memory chip that improves efficiency of data management, and optimizes data transfer between operating system and [...]
SEOUL, Apr. 30 (Korea Bizwire) – Samsung Electronics Co. said Tuesday its operating profit shot up more than tenfold in the first quarter, with its chip business shifting to the black for the first time in five quarters. Samsung Electronics, the world’s largest maker of smartphones and memory chips, said its operating profit reached 6.6 [...]
SEOUL, Apr. 25 (Korea Bizwire) — SK hynix Inc. said Thursday it swung to a profit in the first quarter of this year on the back of rising global demand for premium memory chip products used for artificial intelligence (AI) computing. The world’s second-largest memory chipmaker posted an operating profit of 2.88 trillion won (US$2.09 [...]
SEOUL, April 24 (Korea Bizwire) – SK hynix Inc. said Wednesday it will ramp up production capacity of next-generation DRAMs in response to rising demand for artificial intelligence (AI) semiconductors. Earlier in the day, the world’s second-largest memory chip maker decided in a board meeting to invest 5.3 trillion won (US$3.85 billion) to convert a [...]
SEOUL, Apr. 22 (Korea Bizwire) — South Korea’s exports rose 11.1 percent on-year in the first 20 days of April on surging global demand for semiconductors, data showed Monday. Outbound shipments reached US$35.82 billion in the April 1-20 period, compared with $32.25 billion tallied a year earlier, according to the data from the Korea Customs [...]
SEOUL, Apr. 19 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Friday it has set up a strategic partnership with Taiwan Semiconductor Manufacturing Company (TSMC) aimed at bolstering its capabilities in producing premium high bandwidth memory (HBM) chips and advanced packaging technologies. Under the memorandum of understanding agreed recently in Taipei, Taiwan, the [...]
SEOUL, Apr. 18 (Korea Bizwire) – Over the past decade, Taiwan’s 100 largest companies by market capitalization have surpassed their South Korean counterparts in terms of total market value and operating profits, according to a new analysis. A study by the corporate data research firm CEOScore, which examined the top 100 non-financial companies in South Korea [...]
SEOUL, April 17 (Korea Bizwire) – Samsung Electronics Co., the world’s largest memory chipmaker, said Wednesday it has developed the industry’s first low-power double data rate 5X (LPDDR5X) DRAM chips, a memory solution tailored for AI applications. The new chip supports the industry’s highest performance of up to 10.7 gigabits-per-second (Gbps), improving performance by [...]
SEOUL, Apr. 16 (Korea Bizwire) — Samsung Electronics Co. is set to accelerate the expansion of its global semiconductor supply chain in the era of artificial intelligence (AI), following a subsidy of US$6.4 billion from the U.S. government and its extended investment plan. Under the Biden Administration’s announcement, the South Korean chipmaker was to receive [...]