SEOUL, Feb. 16 (Korea Bizwire) — South Korea’s chipmakers vowed to expand their domestic investment this year to more than a combined 56.7 trillion won (US$47.36 billion) amid heated global competition and supply chain disruptions, the industry ministry said Wednesday. The plan was announced by the Korea Semiconductor Industry Association based on a recent survey [...]
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 [...]
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, 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 [...]