SEOUL, Oct. 29 (Korea Bizwire) – In a significant shift within South Korea’s semiconductor industry, SK Hynix is seeing an unprecedented wave of employees returning after leaving for longtime rival Samsung Electronics, highlighting the company’s growing prominence in the global memory chip market. Industry insiders have dubbed these employees “Ha-Sam-Ha,” referring to those who moved from [...]
SEOUL, Oct. 27 (Korea Bizwire) – The market capitalization gap between Samsung Electronics Co. and SK hynix Inc. marked the lowest level in 13 years as of Friday, the main stock exchange said Sunday. Samsung Electronics’ market capitalization accounted for 15.85 percent, or 333.7 trillion won (US$240 billion), of the overall value of stocks listed [...]
SEOUL, Oct. 27 (Korea Bizwire) – SK hynix Inc., South Korea’s second-biggest chipmaker after Samsung Electronics Co., is likely to overtake the bigger rival this year for the first time in the chip business’ annual operating profit, brokerages said Sunday. SK hynix currently dominates the market for high-bandwidth memory (HBM) semiconductors used in artificial intelligence [...]
SEOUL, Oct. 25 (Korea Bizwire) – SK Hynix reported its highest-ever quarterly revenue and a dramatic return to profitability in the third quarter, driven by surging demand for artificial intelligence memory chips. The South Korean memory chip maker announced on October 24 that its revenue jumped 93.8% year-over-year to 17.57 trillion won in the July-September period, [...]
SEOUL, Oct. 21 (Korea Bizwire) – In a rare admission of weakness, Samsung Electronics has acknowledged internal problems affecting its semiconductor business, marking a formal recognition of the crisis that has been brewing throughout the year. The head of Samsung’s semiconductor division, Kyung Kye-hyun, expressed remorse for the company’s weakening technological competitiveness, conceding that the issues [...]
SEOUL, Oct. 16 (Korea Bizwire) – As concerns grow over Samsung Electronics’ future, South Korea’s semiconductor industry finds itself at a critical juncture. With China and Taiwan rapidly catching up in technology, there’s mounting anxiety that South Korea could lose its edge in advanced semiconductor markets crucial for artificial intelligence and aerospace applications. At a special [...]
SEOUL, Oct. 16 (Korea Bizwire) — The government will provide low-interest loans and other support worth 8.8 trillion won (US$6.45 billion) for the semiconductor industry by next year in an effort to strengthen the competitiveness of the advanced sector, the finance ministry said Wednesday. It is part of execution plans for the comprehensive support package [...]
SEOUL, Sept. 28 (Korea Bizwire) – South Korean prosecutors have indicted two former semiconductor industry executives on charges of stealing cutting-edge memory chip technology from Samsung Electronics and using it to establish a rival company in China. The Seoul Central District Prosecutors’ Office announced on September 27 that it had formally charged the two men, identified [...]
SEOUL, Sept. 26 (Korea Bizwire) – South Korea’s nuclear safety regulator said Thursday the radiation exposure of two workers at Samsung Electronics Co.’s chip plant was caused by mismanagement of safety equipment. In late May, the two workers in the chip production line of Samsung’s Giheung Campus in Yongin, 42 kilometers south of Seoul, experienced X-ray [...]
SEOUL, Sept. 26 (Korea Bizwire) — SK hynix Inc., the world’s second-largest memory chipmaker, said Thursday it has begun mass production of 12-layer high bandwidth memory (HBM) chips, the first in the world, solidifying its competitive edge over rivals. The new 36-gigabit 12-layer HBM3E chip will be supplied to its customers, including U.S. AI chip [...]