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Samsung to Invest 133 tln Won by 2030 to Expand Non-memory, Foundry Biz

Samsung to Invest 133 tln Won by 2030 to Expand Non-memory, Foundry Biz

SEOUL, Apr. 24 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it will invest 133 trillion won (US$115.7 billion) by 2030 to expand its non-memory and foundry business to take the top spot in the high-tech and lucrative sector. The world’s largest memory chip maker announced measures to develop the semiconductor ecosystem with increased investment [...]

Samsung Aims for Chip Foundry Market with Latest Fab Technology

Samsung Aims for Chip Foundry Market with Latest Fab Technology

SEOUL, Apr. 16 (Korea Bizwire) — Samsung Electronics Co. said Tuesday that it has completed the development of its latest fabrication process technology, bolstering its bid to expand its presence in the global foundry market. Samsung, the world’s largest memory chip maker, said the development of its 5-nanometer (nm) FinFET process technology is complete and [...]

S. Korea Eyes Non-memory Chips as New Growth Engine

S. Korea Eyes Non-memory Chips as New Growth Engine

SEOUL, Apr. 1 (Korea Bizwire) — The party is over for South Korean memory chip makers after a two-year boom, and deep-pocketed industry leaders are now looking to the future to find the new growth drivers in the non-memory chip business. Samsung Electronics Co. and SK hynix Inc., the world’s two largest memory chip makers, [...]

Samsung Expected to Lose No. 1 Semiconductor Supplier Rank to Intel: Report

Samsung Expected to Lose No. 1 Semiconductor Supplier Rank to Intel: Report

SEOUL, Mar. 8 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co. may relinquish its top semiconductor supplier’s rank to U.S. chipmaker Intel Corp. this year due to the cooling memory chip market, an industry report showed Friday. With 83 percent of Samsung’s semiconductor sales relying on memory devices, such as DRAM and NAND [...]

Samsung, SK hynix Dominate Global Chip Market in 2018

Samsung, SK hynix Dominate Global Chip Market in 2018

SEOUL, Mar. 4 (Korea Bizwire) — South Korean chip giants Samsung Electronics Co. and SK hynix Inc. retained their combined leading spot in the global semiconductor market in 2018, an industry tracker said Monday. Samsung’s sales of dynamic random-access memory (DRAM) chips came to US$43.75 billion last year, taking up 43.9 percent of the world [...]

S. Korean Tech Firms Hit by Slowing Demand, Downcycle in Q4

S. Korean Tech Firms Hit by Slowing Demand, Downcycle in Q4

SEOUL, Jan. 31 (Korea Bizwire) — South Korean tech companies that make memory chips, smartphones and TVs posted disappointing earnings in the fourth quarter, as the industry as a whole felt the impact of China’s economic slowdown and a memory chip downcycle, analysts said Thursday. Samsung Electronics Co., the world’s largest memory chip and handset [...]

Chipmakers’ Operating Profit Feared to Dip in Q1 After Bumper Year

Chipmakers’ Operating Profit Feared to Dip in Q1 After Bumper Year

SEOUL, Jan. 23 (Korea Bizwire) — South Korean chip giants Samsung Electronics Co. and SK hynix Inc. are expected to see their operating profit drop sharply in the first quarter on sluggish demand following a bumper year, industry sources said Wednesday. Bolstered by a “superboom” in the global semiconductor market, Samsung and SK hynix posted [...]

Local Governments Compete to Attract SK hynix Semiconductor Cluster

Local Governments Compete to Attract SK hynix Semiconductor Cluster

GUMI, Jan. 17 (Korea Bizwire) – With the construction plan for SK hynix Inc.’s 120 trillion won (US$106 billion) cluster for semiconductors to be announced next month, the city of Gumi in North Gyeongsang Province is rushing to come up with a master plan to be selected as the site for the cluster. The Ministry of Economy [...]

Global Chip Industry to Grow 2.6 pct in 2019: Report

Global Chip Industry to Grow 2.6 pct in 2019: Report

SEOUL, Jan. 14 (Korea Bizwire) — The global semiconductor industry is expected to expand 2.6 percent on-year in 2018 on steady demand, despite an end to a super boom in the memory chip segment, a report showed Monday. According to the recent report from market researcher Gartner, sales of the world chip industry are projected [...]