SEOUL, May 30 (Korea Bizwire) — Samsung Electronics Co. Vice Chairman Lee Jae-yong met with Patrick P. Gelsinger, chief executive of Intel Corp., in Seoul on Monday and discussed cooperation in the chip sector, Samsung officials said. At the meeting, the leaders of the world’s two largest chipmakers explored ways to collaborate in areas ranging [...]
LONDON and CHANDLER, Ariz. and TORONTO, Feb. 7 (Korea Bizwire) — Alphawave IP (LN:AWE), a global leader in high-speed connectivity for the world’s technology infrastructure, is pleased to announce entering a partnership with Intel Foundry Services (“IFS”). Under the partnership, Alphawave IP has joined the IFS Accelerator – IP Alliance as an anchor member, focused [...]
SEOUL, Dec. 30 (Korea Bizwire) — SK hynix Inc, South Korea’s key memory chip maker, said Thursday it has closed the first phase of the transaction to acquire Intel’s NAND and solid-state drive (SSD) business, and will name the newly established subsidiary Solidigm. The announcement came eight days after it received the merger clearance from [...]
SEOUL, Dec. 23 (Korea Bizwire) – The removal of the last regulatory hurdle for SK hynix Inc.’s acquisition of Intel Corp’s non-volatile memory business will likely accelerate the chipmaker’s plan to expand its presence and enhance competitiveness in the global NAND market, analysts said Thursday. On Wednesday, the Chinese antitrust regulator gave the much-awaited green [...]
SEOUL, Dec. 22 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Wednesday it has received approval from Chinese authorities for its takeover of Intel Corp.’s NAND memory chip business, clearing the final hurdle for the merger process. SK hynix received “merger clearance from the Chinese antitrust authority, State Administration for Market Regulation, for [...]
SEOUL, Dec. 21 (Korea Bizwire) — Samsung Electronics Co. took over the top spot in the global semiconductor market by revenue in the third quarter, a report showed Tuesday, on the back of strong memory chip sales. Industry tracker Omdia said Intel, which had been the top chipmaker for 11 straight quarters, slipped to number [...]
DUBAI, Arab Emirates, Sept. 23 (Korea Bizwire) — Disrupt-X, a Dubai-based IoT development company, recently announced their partnership with Intel IoT Alliance to launch Cognitive Neuron IoT Platform using ML/AI which is a bundle of AI-based Analytics Cloud Platform Solutions. Disrupt-X aims to leverage the power of IoT and artificial intelligence to revolutionize the current [...]
SEOUL, Nov. 4 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, aims to triple its NAND flash sales in the next five years with the acquisition of Intel Corp.’s non-volatile memory business unit, its CEO said Wednesday. In a rare conference call appearance, SK hynix CEO Lee Seok-hee explained the company’s 10.3 trillion-won [...]
SEOUL, Oct. 29 (Korea Bizwire) — Lee Seok-hee, the CEO of SK hynix Inc., said Thursday he believes the company’s 10.3 trillion won (US$9 billion) acquisition of Intel Corp.’s NAND memory business is not an expensive deal. South Korea’s No. 2 chipmaker last week announced it agreed to buy Intel’s non-volatile memory unit for $9 [...]
SEOUL, Oct. 23 (Korea Bizwire) — SK hynix Inc.’s acquisition of Intel Corp.’s NAND memory business will bring positive results to the company, analysts here said Friday, as it can beef up profitability and technological prowess in the sector. South Korea’s No. 2 chipmaker on Tuesday announced a 10.3 trillion-won (US$9 billion) deal to buy [...]