SEOUL, Oct. 31 (Korea Bizwire) — Samsung Electronics Co. said Tuesday its operating profit sank nearly 80 percent due to a protracted economic slowdown but its semiconductor business reduced losses on rising demand for premium memory chips. The world’s largest memory chip and smartphone maker logged an operating profit of 2.43 trillion won (US$1.8 billion) [...]
SEOUL, April 4 (Korea Bizwire) — Ahead of the announcement of preliminary first-quarter earnings results scheduled to be released on Friday, Samsung Electronics Co. is under close watch to see whether its stance on production cutbacks will change. Previously, the world’s largest memory chip maker dismissed the possibility of artificial production cuts. But there are [...]
SEOUL, June 9 (Korea Bizwire) — Prices of memory chips, notably DRAM and NAND flash, are likely to continue to rise in the third quarter of the year, a report showed Wednesday, boding well for South Korean chipmakers that dominate the sector. DRAM prices are expected to increase further by 3-8 percent quarter-on-quarter in the [...]
SEOUL, April 30 (Korea Bizwire) – Memory chip prices are rising sharply amid a global semiconductor shortage, industry data showed Friday, boding well for South Korean chipmakers that dominate the sector. The contract price of 8-gigabit DDR4 DRAM, which is widely used in personal computers, reached US$3.80 for this month, up 26.67 percent from the [...]
SEOUL, Jan. 30 (Korea Bizwire) — DRAM and NAND flash are expected to be the two semiconductor products that outshine this year, a report showed Saturday, boding well for South Korean chipmakers that dominate the world’s memory chip market. Sales growth for DRAM and NAND flash were projected to be 18 percent and 17 percent, [...]
SEOUL, Dec. 27 (Korea Bizwire) — SK hynix Inc., the world’s second-largest manufacturer of memory chips, hit a yearly high on South Korea’s main bourse on Friday as its improving business outlook attracted strong foreign buying, data showed. As of 10:46 a.m., shares of SK hynix soared to a 52-week high of 97,000 won (US$83), [...]
SEOUL, Jul. 30 (Korea Bizwire) — South Korea vowed Monday to invest 1.5 trillion won (US$1.34 billion) over the next 10 years to maintain its global competitiveness as the country’s industry minister visited key semiconductor production lines of Samsung Electronics Co. and SK hynix Inc. “In order to have South Korea maintain its reputation as [...]
SEOUL, Jun. 28 (Korea Bizwire) — Small and medium-sized parts makers of memory chips and displays will be able to test their products in assembly lines of large companies that can improve their overall competitiveness, the industry ministry said Thursday. The Ministry of Trade, Industry and Energy held a meeting with leading semiconductor and display [...]