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Samsung, SK hynix Take Part in Semiconductor Climate Consortium

Samsung, SK hynix Take Part in Semiconductor Climate Consortium

SEOUL, Nov. 3 (Korea Bizwire) — A global chipmaking industry association has established a climate consortium as part of efforts to reduce emissions of greenhouse gases throughout the global chip supply network. According to Semiconductor Equipment and Materials International (SEMI), more than 60 global chipmakers participated as founding members of its new Semiconductor Climate Consortium [...]

S. Korea to Expand Financial, Manpower Support to Promote Chipmakers’ Investment

S. Korea to Expand Financial, Manpower Support to Promote Chipmakers’ Investment

SEOUL, July 21 (Korea Bizwire) – South Korea will offer more tax incentives and financial support to chipmakers and nurture 150,000 experts in the field in an effort to encourage the firms to push ahead with their investment plans without a hitch, the industry ministry said Thursday. Major tech companies, including Samsung Electronics Co. and [...]

S. Korean Chipmakers Brace for Impact from U.S. Sanctions Against Russia

S. Korean Chipmakers Brace for Impact from U.S. Sanctions Against Russia

SEOUL, Feb. 25 (Korea Bizwire) — South Korean chipmakers will be affected by export controls that Washington imposed on Russia over the Ukraine crisis, but the impact is not likely to be significant, experts said Friday. The U.S. Commerce Department announced new sanctions Thursday that it said “will severely restrict Russia’s access to technologies and [...]

S. Korean Chipmakers to Invest 57 tln Won in Domestic Market This Year

S. Korean Chipmakers to Invest 57 tln Won in Domestic Market This Year

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 [...]

Samsung, SK hynix Report Difficulty Procuring Key Equipment for Chip Plant Operations

Samsung, SK hynix Report Difficulty Procuring Key Equipment for Chip Plant Operations

SEOUL, Feb. 7 (Korea Bizwire) — South Korea’s top two chipmakers — Samsung Electronics Co. and SK hynix Inc. — have been having difficulty procuring equipment essential to the operation of their chip fabrication facilities. Both companies mentioned the prolonged lead time, the time it takes for a product or service to go through all [...]

S. Korean Chipmakers Face Balancing Act Between U.S., China for Market Supremacy

S. Korean Chipmakers Face Balancing Act Between U.S., China for Market Supremacy

SEOUL, Nov. 26 (Korea Bizwire) — Concerns are growing that SK hynix Inc.’s plan to overhaul its Chinese factory with a cutting-edge chipmaking machine could be in jeopardy due to opposition from the United States. Earlier this week, U.S. Trade Representative (USTR) Katherine Tai effectively acknowledged that Washington had opposed such efforts by the South [...]