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, [...]
SEOUL, Apr. 15 (Korea Bizwire) — A local business lobby said on Sunday the possible disclosure of Samsung Electronics Co.’s workplace environmental assessment report, which was demanded by former workers due to health concerns, should be limited so as to protect sensitive trade secrets. Former workers suffering from illnesses have been demanding the South Korean [...]
SEOUL, Mar. 26 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. has emerged as a key affiliate of SK Group by making up nearly half of the conglomerates’ market capitalization, industry watchers said Monday. SK hynix, purchased by SK Group exactly six years ago, when the company posted a net loss of 159 billion [...]
SEOUL, Mar. 21 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it has added solutions specialized for the Internet-of-Things (IoT) and fingerprint scanning in its foundry portfolio. The foundry business refers to making chips for other companies that do not have a semiconductor plant. The South Korean tech giant said it started shipping IoT and [...]