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, April 1 (Korea Bizwire) — South Korea pledged Thursday to support the power semiconductor industry amid growing demand for energy-efficient chips with stronger durability. Under the goal, the country plans to develop at least five power semiconductor products by 2025, according to the Ministry of Trade, Industry and Energy. South Korea also plans to [...]
SEOUL, Sept. 8 (Korea Bizwire) — Samsung Electronics Co. has reportedly secured an order to manufacture Qualcomm Technologies Inc.’s mobile application processor (AP) for 5G budget smartphones, industry sources said Tuesday, as the South Korean tech giant eyes boosting its presence in the foundry industry. Samsung is likely to be a producer of the 5G [...]
SEOUL, May 11 (Korea Bizwire) – South Korea’s No. 3 chipmaker SK hynix Inc. has emerged as the third-largest semiconductor manufacturer in the world in terms of sales, data showed Thursday, narrowing its gap with rival Samsung Electronics Co. According to the data compiled by industry tracker IC Insights, SK hynix posted sales of US$5.5 [...]
SEJONG, May 10 (Korea Bizwire) – South Korea’s total supply of manufacturing goods both locally produced and imported gained ground to reach a record high in the first three months of the year on the back of brisk chips industry and a sharp rise in imports, government data showed Wednesday. The manufacturing domestic supply index [...]
SEOUL, Oct. 20 (Korea Bizwire) – As consumers went crazy over their products, the companies simply built more plants to meet the soaring demand. Then the craze disappeared all of sudden, leaving them with idle capacity and huge losses. Industry gurus call it the “curse of capacity expansion.” Small instant noodle maker Paldo suffered such [...]