SEOUL, Mar. 12 (Korea Bizwire) — The global semiconductor market is expected to grow at a faster-than-expected click this year thanks to rising demand for DRAMs and other chips, industry sources said Monday. With concerns over an oversupply in the second half of this year waning, more market trackers have revised up their growth projections [...]
SEOUL, Mar. 6 (Korea Bizwire) — The latest protectionist trade policies being pursued by U.S. President Donald Trump should not pose immediate problems for South Korean chipmakers, industry watchers here said Tuesday, although companies need to be prepared for unexpected developments. “As (memory chips) are intermediary goods, it is unlikely that (the chip industry) will [...]
SEOUL, Feb. 8 (Korea Bizwire) — The industry ministry launched a project Thursday to bolster the country’s semiconductor and display sectors through new technology development and localized production. The project will be driven by the “Gap 5″ strategy, under which South Korea will try to maintain a five-year lead compared to emerging economies in the [...]
SEOUL, Feb. 7 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co. has approved a preliminary investment plan to set up a second chip-production line near Seoul, an industry source said Wednesday. The Management Committee — the top decision-making body at Samsung Electronics — held a meeting earlier in the day and endorsed the [...]
SEOUL, Feb. 5 (Korea Bizwire) — South Korean chip exports are expected to continue to post solid growth this year, though its pace may slow down from last year’s exponential expansion, a report showed Sunday. The Korea Institute for Industrial Economics & Trade (KIET) forecast the country’s exports will increase 18.6 percent in 2018, lower [...]
SEOUL, Jan. 25 (Korea Bizwire) — SK hynix Inc., a major South Korean chipmaker, said Thursday its net profit jumped 97.7 percent to reach an all-time high in the fourth quarter from a year earlier largely due to strong chip prices on continued favorable market conditions. Net profit came to 3.22 trillion won (US$3 billion) [...]
SEOUL, Dec. 26 (Korea Bizwire) — LG Electronics Inc. said Tuesday it has distributed its artificial intelligence (AI) development tool to all business divisions in line with its efforts to speed up the release of new products equipped with the latest technology. The South Korean tech giant said the development platform, dubbed DeepThinQ 1.0, will [...]
SEOUL, Dec. 20 (Korea Bizwire) — South Korea’s No. 2 chipmaker SK hynix Inc. plans to establish a joint venture in China to expand its foundry business, industry sources said Wednesday. According to the sources, who declined to be identified, SK hynix’s board of directors plans to discuss the establishment of a joint venture specializing [...]
SEOUL, Dec. 18 (Korea Bizwire) — South Korea’s chip and semiconductor firms performed well throughout 2017 to set record-breaking earnings, industry watchers said Monday, while the diplomatic row with Beijing dealt a harsh blow on tourism and automobile businesses. The country’s tech giants saw their earnings soar throughout this year due to the global boom [...]
SEOUL, Dec. 7 (Korea Bizwire) — South Korean tech giants maintained their strong dominance over the global market for dynamic random-access memory (DRAM) chips in the third quarter, data showed Thursday. According to the data compiled by IHS Markit and other industrial sources, Samsung Electronics Co. accounted for 44.5 percent of the market in the [...]