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S. Korean Retail Investors Buy Chinese EV ETF, Sell Samsung and SK hynix Shares

S. Korean Retail Investors Buy Chinese EV ETF, Sell Samsung and SK hynix Shares

SEOUL, Dec. 6 (Korea Bizwire) — South Korean retail investors have been snapping up shares of electric vehicle-themed exchange traded fund (ETF) while dumping shares of Samsung Electronics Co. and SK hynix Inc., data showed Sunday. The most-sold stocks by retail investors during the five weeks from Nov. 1 to Dec. 3 were the two [...]

WSTS Halves Growth Prediction for Memory Chip Market Next Year

WSTS Halves Growth Prediction for Memory Chip Market Next Year

SEOUL, Dec. 1 (Korea Bizwire) — A semiconductor industry tracker on Wednesday cut in half its growth projection of the global memory chip market next year. World Semiconductor Trade Statistics (WSTS), a nonprofit organization of chipmakers, forecast the memory market to expand 8.5 percent year-on-year to US$171.6 billion next year, down from a growth rate [...]

Samsung Unveils New Auto Chips for High-end Car Systems

Samsung Unveils New Auto Chips for High-end Car Systems

SEOUL, Nov. 30 (Korea Bizwire) — Samsung Electronics Co. on Tuesday unveiled three new automotive chips as demand for advanced chips is growing among global carmakers to produce cars with better connectivity and more sophisticated infotainment features. The South Korean tech giant said its latest chip products are designed to enable faster 5G connectivity needed [...]

Samsung Electronics Revamps Human Resources System to Nurture Talent, Flexible Corporate Culture

Samsung Electronics Revamps Human Resources System to Nurture Talent, Flexible Corporate Culture

SEOUL, Nov. 29 (Korea Bizwire) — Samsung Electronics Co. said Monday it has overhauled its employee evaluation and position system to spot and nurture talent and improve productivity by creating more flexible corporate culture. Under the new system, which will go into effect Jan.1, the tech giant will abolish its decades-old seniority-based top-down approach and [...]

S. Korean Chipmakers Face Balancing Act Between U.S., China for Market Supremacy

S. Korean Chipmakers Face Balancing Act Between U.S., China for Market Supremacy

SEOUL, Nov. 26 (Korea Bizwire) — Concerns are growing that SK hynix Inc.’s plan to overhaul its Chinese factory with a cutting-edge chipmaking machine could be in jeopardy due to opposition from the United States. Earlier this week, U.S. Trade Representative (USTR) Katherine Tai effectively acknowledged that Washington had opposed such efforts by the South [...]

Samsung Joins Hands with Universities to Train Future Chip Experts

Samsung Joins Hands with Universities to Train Future Chip Experts

SEOUL, Nov. 26 (Korea Bizwire) — Samsung Electronics Co. is widening investment for the future of the semiconductor industry by joining hands with universities to train experts and professionals. The global tech giant signed an agreement with the Korea Advanced Institute of Science and Technology (KAIST), South Korea’s top science university, on Thursday to build [...]

Samsung’s Lee Seeks Future Opportunities with U.S. Partners in Chips, Software

Samsung’s Lee Seeks Future Opportunities with U.S. Partners in Chips, Software

SEOUL, Nov. 23 (Korea Bizwire) — Samsung Electronics Co. Vice Chairman Lee Jae-yong has met with the chiefs of Google and Microsoft to discuss future cooperation in chips, software and others, Samsung officials said Tuesday. The meetings earlier this week with Google CEO Sundar Pichai and Microsoft CEO Satya Nadella came as the world’s largest [...]