chip industry Archives | Be Korea-savvy
S. Korean Tech Firms Hit by Slowing Demand, Downcycle in Q4

S. Korean Tech Firms Hit by Slowing Demand, Downcycle in Q4

SEOUL, Jan. 31 (Korea Bizwire) — South Korean tech companies that make memory chips, smartphones and TVs posted disappointing earnings in the fourth quarter, as the industry as a whole felt the impact of China’s economic slowdown and a memory chip downcycle, analysts said Thursday. Samsung Electronics Co., the world’s largest memory chip and handset [...]

Global Chip Industry to Grow 2.6 pct in 2019: Report

Global Chip Industry to Grow 2.6 pct in 2019: Report

SEOUL, Jan. 14 (Korea Bizwire) — The global semiconductor industry is expected to expand 2.6 percent on-year in 2018 on steady demand, despite an end to a super boom in the memory chip segment, a report showed Monday. According to the recent report from market researcher Gartner, sales of the world chip industry are projected [...]

Seoul to Invest 1.5 tln Won to Bolster Competitiveness in Chip Industry

Seoul to Invest 1.5 tln Won to Bolster Competitiveness in Chip Industry

SEOUL, Jul. 30 (Korea Bizwire) — South Korea vowed Monday to invest 1.5 trillion won (US$1.34 billion) over the next 10 years to maintain its global competitiveness as the country’s industry minister visited key semiconductor production lines of Samsung Electronics Co. and SK hynix Inc. “In order to have South Korea maintain its reputation as [...]