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Samsung Begins Replacing Japanese Materials in Chip Production amid Export Curbs

Samsung Begins Replacing Japanese Materials in Chip Production amid Export Curbs

SEOUL, Sept. 3 (Korea Bizwire) — Samsung Electronics Co., the world’s leading memory chip and smartphone maker, has begun replacing Japanese materials with local supplies for its production of semiconductors, company officials said Tuesday, a move that could offset Japan’s restrictions on high-tech exports to South Korea. “(The company) has injected supplies other than Japanese [...]

Samsung Posts Surprise, Record-high Operating Profit for Q2

Samsung Posts Surprise, Record-high Operating Profit for Q2

SEOUL, Jul. 7 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co. predicted Friday that its second-quarter operating profit shot up nearly 72 percent on-year to post a record-high quarterly level, apparently helped by the robust performance of its chip business. The stronger-than-expected operating profit was estimated at 14 trillion won (US$12.1 billion), compared [...]

SK Hynix Bids for 20 Pct Stake in Toshiba’s Memory Chip Business

SK Hynix Bids for 20 Pct Stake in Toshiba’s Memory Chip Business

SEOUL, Feb. 7 (Korea Bizwire) – SK hynix Inc., the world’s second-largest maker of computer memory chips, has submitted a bid to acquire a 20 percent stake in Toshiba Corp.’s memory chip business, an industry source said Tuesday.  The bid is aimed at strengthening SK hynix’s NAND flash memory business as global demand for flash [...]

Chipmakers Race to Expand Production Capacity as Demand Rebounds

Chipmakers Race to Expand Production Capacity as Demand Rebounds

SEOUL, Dec. 28 (Korea Bizwire) – Global chipmakers are racing to boost their production capacity of NAND flash memory chips used in mobile devices, driven by a rebound in demand for smartphones and data-storage devices.  After volatile price swings in recent years, semiconductor manufacturers are expected to benefit from a global upswing in prices for [...]