SEOUL, Apr. 16 (Korea Bizwire) — SK Group, South Korea’s chip-to-battery conglomerate, emerged as the second-most-valuable conglomerate after Samsung Group in the Korean stock markets at the end of March, a corporate data firm said Tuesday. SK Group’s emergence was helped by a sharp increase in the value of its chip-making affiliate, SK hynix Inc., [...]
SEOUL, Apr. 11 (Korea Bizwire) — Naver Cloud Corp., the cloud computing arm of South Korea’s tech giant Naver Corp., said Thursday it will join hands with U.S. chipmaker Intel Corp. to create an artificial intelligence (AI) chip software ecosystem in South Korea. The two companies have agreed to provide IT infrastructure based on Intel’s [...]
SEOUL, Apr. 5 (Korea Bizwire) — South Korea’s industry ministry said Friday it has designated six overseas partner institutions to establish global technology cooperation centers, aiming to advance research projects focused on core technologies. The country will seek to establish such centers under ties with MIT, Yale University, Purdue University, Fraunhofer, Johns Hopkins University and [...]
SEOUL, Apr. 4 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Thursday it will invest US$3.87 billion to build an advanced packaging fabrication and R&D facility in the United States amid intensifying competition in the high-performance artificial intelligence (AI) memory semiconductor sector. The new facility, located in West Lafayette, Indiana, will begin mass-producing [...]
SEOUL, Mar. 27 (Korea Bizwire) — South Korea and the European Union (EU) have agreed to conduct joint research projects on advanced semiconductor and next-generation communications network technologies in the next three years, Seoul’s science ministry said Wednesday. Under the agreement, South Korea and the EU will jointly invest 12 million euros (US$12.98 million) on [...]
SEOUL, Mar. 22 (Korea Bizwire) – Jensen Huang, the chief executive of Nvidia, made a notable appearance at Samsung Electronics’ booth during the annual GTC 2024 developers’ conference in San Jose, California. There, he left a handwritten signature on Samsung’s upcoming high-bandwidth memory chip, HBM3E, fueling expectations of a stronger partnership between the two companies. On [...]
SEOUL, Mar. 21 (Korea Bizwire) — Industry Minister Ahn Duk-geun said Thursday the government will proactively support the semiconductor industry, and accelerate the development of high-bandwidth memory and artificial intelligence chips to achieve the annual export target of US$120 billion. “The government will support the timely establishment of related infrastructure, secure competitive technologies, promote exports, [...]
SEOUL, Mar. 19 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Tuesday it has started mass production of the latest high band width memory (HBM) chips, solidifying its leadership position in the high-performance artificial intelligence (AI) memory semiconductor sector. It came seven months after the company announced the development of the fifth-generation HBM3E [...]
SEOUL, Mar. 17 (Korea Bizwire) – Following a streak of losses, Samsung Electronics’ semiconductor division is on the brink of a financial turnaround, with projections indicating a shift to profitability in the first quarter of this year. This anticipated recovery follows SK Hynix’s successful return to profit, signaling an end to the prolonged semiconductor industry [...]
SEOUL, Mar. 8 (Korea Bizwire) – SK Hynix has successfully obtained a court injunction to prevent a former researcher from joining its rival, Micron Technology, in a case that underscores the intense competition and confidentiality concerns within the semiconductor industry. The Seoul Central District Court ruled in favor of SK Hynix on February 29, imposing [...]