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S. Korean Chipmakers to Face Prolonged Downturn amid Trade War

S. Korean Chipmakers to Face Prolonged Downturn amid Trade War

SEOUL, Jun. 19 (Korea Bizwire) – South Korean chipmakers may wish they were undergoing the bottom of the memory chip down cycle in the second quarter before entering a recovery mode later this year, but it seems like they have to deal with unfavorable business conditions longer than expected due to prolonged global trade tension. [...]

S. Korean Chipmakers Gearing Up for Fledging Autonomous Vehicle Market

S. Korean Chipmakers Gearing Up for Fledging Autonomous Vehicle Market

SEOUL, Jun. 17 (Korea Bizwire) — For a car to truly drive itself without user control, it needs to be continuously aware of surroundings and make split-second decisions in any situation via the vehicle’s autonomous driving system. As a self-driving car’s system must be based on complex data sets to navigate the road and electronics [...]

Chipmakers’ Operating Profit Feared to Dip in Q1 After Bumper Year

Chipmakers’ Operating Profit Feared to Dip in Q1 After Bumper Year

SEOUL, Jan. 23 (Korea Bizwire) — South Korean chip giants Samsung Electronics Co. and SK hynix Inc. are expected to see their operating profit drop sharply in the first quarter on sluggish demand following a bumper year, industry sources said Wednesday. Bolstered by a “superboom” in the global semiconductor market, Samsung and SK hynix posted [...]

Growth of ICT Investment Hits 18-month Low in Q2

Growth of ICT Investment Hits 18-month Low in Q2

SEOUL, Sept. 11 (Korea Bizwire) — Facility investments by South Korean information and communications technology (ICT) companies grew at the slowest pace in 1 1/2 years in the second quarter amid chipmakers’ weak spending, central bank data showed Tuesday. ICT firms’ investment in new plants and equipment expanded 6.4 percent on-year in the April-June period, [...]

Samsung, SK hynix to Hand Out Large Bonuses amid Robust Chip Sales

Samsung, SK hynix to Hand Out Large Bonuses amid Robust Chip Sales

SEOUL, Jul. 3 (Korea Bizwire) — South Korean chipmakers are expected to pay large bonuses to their workers this month amid the prolonged boom in the global semiconductor market, corporate sources said Tuesday. Samsung Electronics Co. told its workers that the company will provide target-achievement incentives, handed out every six months, this week. The amount [...]

U.S. Protectionist Measures to Have Limited Impact on S. Korean Chip Industry

U.S. Protectionist Measures to Have Limited Impact on S. Korean Chip Industry

SEOUL, Mar. 6 (Korea Bizwire) — The latest protectionist trade policies being pursued by U.S. President Donald Trump should not pose immediate problems for South Korean chipmakers, industry watchers here said Tuesday, although companies need to be prepared for unexpected developments. “As (memory chips) are intermediary goods, it is unlikely that (the chip industry) will [...]

Korean Chipmakers’ Sales to Top 100 tln Won in 2017

Korean Chipmakers’ Sales to Top 100 tln Won in 2017

SEOUL, Sept. 18 (Korea Bizwire) — South Korea’s top two chipmakers — Samsung Electronics Co. and SK hynix Inc. — are set to see their combined annual sales exceed 100 trillion won (US$88.3 billion) this year on the back of an industry boom, industry sources said Monday. The outlook came as Samsung and SK hynix, [...]

Rising Demand for Chips to Be Positive Sign for Samsung and SK Hynix

Rising Demand for Chips to Be Positive Sign for Samsung and SK Hynix

SEOUL, May 4 (Korea Bizwire) – South Korean chipmakers are set to benefit from rising demand for semiconductors, a global market research firm said Wednesday. The average price of the mainstay dynamic random-access memory chip (DRAM) product ‘DDR4 4Gb 512Mx8 2133MHz’ jumped more than 12 percent to US$3.09 as of April 28 from $2.75 on March 31, according to DRAMeXchange. The memory and storage [...]

Samsung to Reduce Facility Investment in Chips in 2016

Samsung to Reduce Facility Investment in Chips in 2016

SEOUL, Feb. 10 (Korea Bizwire) – Samsung Electronics Co. is expected to reduce its facility investment in the chip business on-year in 2016, data showed Wednesday, while its rivals are estimated to expand their expenditures to catch up to the top player. According to the data compiled by industry tracker TrendForce, Samsung Electronics is estimated [...]