SEOUL, July 23 (Korea Bizwire) – Korean medical researchers have developed a new way to treat cancers by leveraging “intravital glowing” like corals or fireflies. Sun Medical Center in Daejeon announced on July 22 that a research team led by Yun Seok-hyun, a professor at Harvard Medical School, and its hemato-oncology doctor Kim Yi-rang succeeded [...]
Seoul, July 23 (Korea Bizwire) – Samsung Electronics announced that they would be providing their 103 semiconductor partners with incentives worth a total of 14.2 billion won for the first half of the year. This is the largest incentive to be offered in the first half of the year, both in the number of target companies and [...]
SEOUL, July 15 (Korea Bizwire) – After news of a Chinese state-owned company’s bid to take over US chipmaker Micron Technologies surfaced, Korean semiconductor makers like SK Hynix and Samsung Electronics saw painful losses to their share prices. On July 14, Samsung Electronics declined 3.24 percent to 1,225,000 won, marking the biggest daily loss since May 27, [...]
SEOUL, July 6 (Korea Bizwire) -- Samsung Electronics Co. announced Monday it has added a high capacity version to its solid state drive (SDD) line-up to meet various demands in the fast-growing market. The new SSD version with 2 terabyte capacity will lead its 850 PRO & EVO lineup, the Seoul-based tech company said. The new SSD [...]
SEOUL, June 8 (Korea Bizwire) – SK Hynix and its trade union introduced a new model for coexistence and cooperation with subcontractors by raising funds through the donation of part of their increased wages. On June 7, the world’s second largest DRAM chip supplier announced that it decided to implement the wage-sharing program to improve working conditions [...]
SEOUL, May 26 (Korea Bizwire) — South Korean chip giants Samsung Electronics and SK hynix grabbed a record 75 percent share of the global mobile dynamic random access memory (DRAM) market in the first quarter on Samsung’s stellar performance, data showed Tuesday. Samsung, the world’s top maker of mobile DRAMs, took up 52.1 percent of the global market [...]
SEOUL, May 22 (Korea Bizwire) – Samsung Electronics, South Korea’s top chipmaker, narrowed its gap with No. 1 global player Intel in chip sales in the first quarter of the year, data showed Friday. Samsung’s chip sales increased 6 percent on-year in the January-March period to US$9.33 billion, the data compiled by industry tracker IC Insights [...]
SEOUL, May 12 (Korea Bizwire) — South Korea’s presence in the global market for dynamic random access memory (DRAM) hit a record high in the first quarter of 2015, data showed Tuesday, helped by Samsung Electronics Co.’s efforts to push ahead with its latest 20-nanometer products. The combined market share of Samsung Electronics and its [...]
CHEONGJU, May 7 (Korea Bizwire) — The city of Cheongju has seen its local corporate income taxes double due to SK Hynix‘s record sales last year. According to a May 6 statement from city officials, a record-high 88.8 billion won (US$ 82.1 million) in local corporate income taxes was collected, far beyond the city’s estimate of [...]
PYEONGTAEK, Korea, May 7 (Korea Bizwire) — South Korean tech giant Samsung Electronics broke ground on a new chip-production line on Thursday, aiming to further expand its clout in the semiconductor sector amid its ailing smartphone business. The 15.6 trillion won (US$14.4 billion) chip line in Pyeongtaek, some 70 kilometers south of Seoul, is scheduled to [...]