SEOUL, July 4 (Korea Bizwire) — SK Square, a non-telecom spinoff of SK Telecom Co., announced on Tuesday that it would form a partnership with SK hynix Inc., Shinhan Financial Group Co., and LIG Nex1 Co. to establish TGC Square, an investment corporation for foreign chipmakers. The consortium aims to raise 100 billion won (US$76.8 [...]
SEOUL, June 22 (Korea Bizwire) — Samsung Electronics Co. and SK hynix Inc., the world’s two largest memory chip makers, have begun renegotiating with their primary clients as the average selling price (ASP) for DRAM approaches production cost. The two companies have set the price limit at US$1.40 and notified clients that the price cannot [...]
SEOUL, June 13 (Korea Bizwire) — South Korea’s chip industry is keeping close tabs on the status of exemptions from Washington’s export control measures designed to limit China’s access to advanced chip technologies following a report that such exemptions could be extended. The Wall Street Journal reported Monday that Alan Estevez, under secretary of commerce [...]
WASHINGTON, May 23 (Korea Bizwire) — South Korea has asked the United States to review the latter’s proposed limit on the expansion of production by South Korean semiconductor manufacturers in China, a U.S. public notice showed Tuesday. The request comes about two months after the U.S. Department of Commerce said the U.S. CHIPS and Science [...]
SEOUL, May 15 (Korea Bizwire) — South Korean chipmakers are making extensive efforts to develop next-generation memory technology in order to overcome the recession and prepare for the upcoming market upturn. Samsung Electronics Co. recently announced its plans to develop and mass-produce a 128-gigabyte DRAM, which will support Compute Express Link (CXL) 2.0. This will [...]
SEOUL, March 22 (Korea Bizwire) — South Korean chipmakers appeared to breathe a sigh of relief Wednesday, as the U.S. government’s new rules for the Chips Act, announced last night, were less stringent than had been previously feared. Washington said late last month it would ban any recipient of federal money from the US$53 billion [...]
SEOUL, March 13 (Korea Bizwire) — In the late 1980s, Japan was a semiconductor powerhouse, accounting for more than 50 percent of sales by country and region. However, Japan’s semiconductor industry has declined, and the market is now dominated by Taiwan and South Korea, with the U.S. perceiving China’s growth as a threat. The U.S. [...]
SEOUL, March 5 (Korea Bizwire) — Inventory of South Korean chipmakers has increased to a nearly 26-year high in January, data showed Sunday, reflecting the sluggish global demand amid the economic uncertainties. The inventory-to-sales ratio of chips came to 265.7 percent in January, the highest since 288.7 percent posted in March 1997, according to the [...]
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 [...]
SEOUL, Aug. 4 (Korea Bizwire) — Demand for DRAM is expected to grow at a historically low level next year, a report said Thursday, dimming outlook for South Korean chipmakers, heavily dependent on memory chip sales for their bottom line. Industry research firm TrendForce forecast DRAM market demand bit growth will amount to only 8.3 [...]