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 [...]
SEOUL, Jan. 24 (Korea Bizwire) — South Korea’s leading memory chip makers raked in unprecedented profits in 2018 on strong demand from data centers and smartphones, but they are now bracing for a down cycle caused by a supply glut and slowing global economy, market watchers said Thursday. SK hynix Inc., the world’s No. 2 [...]
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 [...]
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 [...]
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 [...]
SEOUL, Dec. 18 (Korea Bizwire) — The local semiconductor industry is waiting for the latest corporate performance results of U.S. rival firm Micron Technology, Inc to get a better idea of where it is headed, officials said Tuesday. Micron is due to announce its profits for the September-November period Wednesday. “The market’s concern grew when [...]
SUNNYVALE, Calif, Nov. 26 (Korea Bizwire) — SANAN INTEGRATED CIRCUIT CO., LTD. (Sanan IC), a pure-play compound semiconductor foundry with its advanced III-V technology platform, today announced that it has attained additional certifications for its manufacturing management systems. The company recently earned IATF 16949:2016 Automotive Quality Management System (QMS) certification, and this past June also [...]
SEOUL, Oct. 26 (Korea Bizwire) — Samsung Electronics Co. and SK hynix Inc., the two major local players in the semiconductor industry, are set to post record-breaking growth in the third quarter in spite of various domestic and international hurdles. Despite the controversy last year surrounding the price of semiconductor chips, which some experts claimed [...]
SEOUL, Sept. 6 (Korea Bizwire) — China remained dependent on South Korea in 2017 for more than half of its memory chip demand, despite Beijing’s latest efforts to foster its chipmakers on a big scale, data showed Thursday. According to the data compiled by the Korea International Trade Association and the Korea Trade-Investment Promotion Agency, [...]
SEOUL, Sept. 3 (Korea Bizwire) — South Korean manufacturers of car batteries are anticipated to benefit from Beijing’s latest move to cut subsidies provided to Chinese companies, industry watchers said Monday. Chinese-based electric car battery maker OptimumNano Energy recently announced that it will suspend its production line for six months citing financial problems. BYD, China’s [...]