SEOUL, Aug. 20 (Korea Bizwire) — South Korea’s major chipmakers are expected to cut their DRAM capital spending this year, a report showed Thursday, as they become cautious over market conditions amid the pandemic. Samsung Electronics Co.’s DRAM capital expenditure budget is projected to decline 21 percent to US$4.9 billion this year, according to market [...]
SEOUL, June 17 (Korea Bizwire) — Spot market prices for DRAM chips are on a downward trend after reaching their peak in April, industry data showed Wednesday, boding ill for South Korean chipmakers. The spot price of 8-gigabit DDR4 DRAM, a benchmark price for the category, reached US$2.90 as of Wednesday, which was down 19.4 [...]
SEOUL, May 20 (Korea Bizwire) — South Korean chipmakers are looking to score big in the graphics DRAM sector in the second half of the year, industry observers said Wednesday, as demand for such products is expected to rise with the release of new graphics processing units (GPUs) and new gaming consoles. According to DRAMeXchange, [...]
SEOUL, Dec. 17 (Korea Bizwire) — Shares in Samsung Electronics and SK hynix — South Korea’s two largest chipmakers — soared to close at fresh yearly highs on Tuesday, buoyed by expectations for growing demand and a recovery in global chip prices. Samsung, the world’s No. 1 memory chipmaker, spiked 3.66 percent to close at [...]
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. [...]
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 [...]
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 [...]
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, [...]
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 [...]
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 [...]