SEOUL, Jan. 31 (Korea Bizwire) — Samsung Electronics Co. said Wednesday its fourth-quarter operating profit sank 34.4 percent from a year earlier due largely to sluggish semiconductor business but its memory chip segment turned to the black on recovering demand. The world’s largest mobile phone and memory chip maker’s operating profit amounted to 2.82 trillion [...]
SEOUL, Jan. 31 (Korea Bizwire) – In South Korea, a significant talent drought in cutting-edge industries has been exacerbated by an increasing number of students flocking to medical schools. Semiconductor industry analysts, in particular, have voiced concern that the shortage of skilled workers is reaching a critical level, endangering the very existence of some companies. The [...]
SEOUL, Jan. 16 (Korea Bizwire) – South Korea’s industry minister said Tuesday the government plans to unveil a plan to foster the local fabless sector in line with efforts to bolster the competitiveness of the semiconductor industry. The remark came after South Korea announced its plan this week to build a “semiconductor mega cluster” in [...]
SEJONG, Jan. 11 (Korea Bizwire) — South Korea’s semiconductor exports are anticipated to continue to lead the overall recovery in outbound shipments this year amid higher memory chip prices, the industry minister said Thursday. “South Korea’s chip exports experienced a rebound last year despite the global economic slump and the sluggish semiconductor industry, laying the [...]
SEOUL, Jan. 5 (Korea Bizwire) – The Korea Advanced Institute of Science and Technology (KAIST) has announced that artificial muscle technology developed by a research team led by professor Kim Sang-ouk of the Department of New Material Engineering has been recognized as one of the “Top 10 Promising Technologies of 2023” by the International Union of [...]
SEOUL, Jan. 3 (Korea Bizwire) – Prosecutors indicted a former employee of Samsung Electronics Co. on Wednesday on charges of leaking key semiconductor technologies of the tech giant to a Chinese company in return for money, officials said. The Seoul Central District Prosecutors Office indicted the employee surnamed Kim, who formerly served as a department [...]
SEOUL, Jan. 3 (Korea Bizwire) — SK hynix Inc., the world’s second-largest maker of memory chips, said Wednesday it will showcase its ultra-high-performance memory technology, the key to future artificial intelligence (AI) infrastructure, at the upcoming CES 2024. Under the banner of future vision, named “Memory Centric,” where memory products play a pivotal role in [...]
SEOUL, Dec. 17 (Korea Bizwire) –Just three weeks ago, on November 29, local media reported the independent development of LPDDR5 DRAM by a Chinese semiconductor company, causing a sense of crisis. ChangXin Memory Technologies, a prominent Chinese DRAM semiconductor company, claimed to have independently developed and mass-produced LPDDR5 DRAM memory chips. If these reports hold [...]
SEOUL, Dec. 14 (Korea Bizwire) – Prosecutors have formally requested arrest warrants for two former Samsung Electronics executives, alleging their involvement in transferring domestic semiconductor technology to a Chinese company. On Wednesday, the Information Technology Crime Investigation Division of the Seoul Central District Prosecutors’ Office filed an arrest warrant for a former Samsung Electronics executive, identified [...]
SEOUL, Dec. 11 (Korea Bizwire) – Fierce talent competition has prompted Samsung Electronics and SK Hynix to ease hiring criteria in the semiconductor industry. In response to a critical shortage of skilled labor in the semiconductor industry, both Samsung Electronics and SK Hynix have adopted a strategic approach to attract talent. Notably, SK Hynix has recently [...]