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Samsung, SK hynix Take Part in Semiconductor Climate Consortium

Samsung, SK hynix Take Part in Semiconductor Climate Consortium

SEOUL, Nov. 3 (Korea Bizwire) — A global chipmaking industry association has established a climate consortium as part of efforts to reduce emissions of greenhouse gases throughout the global chip supply network. According to Semiconductor Equipment and Materials International (SEMI), more than 60 global chipmakers participated as founding members of its new Semiconductor Climate Consortium [...]

S. Korea Draws US$20 mln Investment from Dutch, German Semiconductor Firms

S. Korea Draws US$20 mln Investment from Dutch, German Semiconductor Firms

SEOUL, Oct. 14 (Korea Bizwire) — South Korea has drawn investment of a combined US$20 billion from Dutch and German semiconductor companies, the industry ministry said Friday. The investment pledges were made as Moon Dong-min, a deputy minister for trade and investment, visited the Netherlands and Germany for trade talks earlier this week, according to [...]

DRAM Prices Forecast to Drop 13-18 pct On-quarter in Q4

DRAM Prices Forecast to Drop 13-18 pct On-quarter in Q4

SEOUL, Sept. 23 (Korea Bizwire) — DRAM prices are estimated to post a quarterly decline of 13-18 percent in the fourth quarter, steeper than the previous quarter, a report said Friday, as consumer demand for electronic devices remains stagnant and macroeconomic conditions aggravated. Research firm TrendForce said rising inflation has significantly weakened the appetite for [...]

Samsung Widens Gap Between Intel as World’s Largest Chipmaker by Revenue in Q2

Samsung Widens Gap Between Intel as World’s Largest Chipmaker by Revenue in Q2

SEOUL, Sept. 19 (Korea Bizwire) — Samsung Electronics Co. expanded its market share of the global semiconductor industry in the second quarter, maintaining its top spot, a research showed Monday. Samsung’s chip revenue for the April-June period came in at a record quarterly high of US$20.3 billion on the back of solid server demand, taking [...]

S. Korea’s Chip Exports to China Jump Nearly 13 Times, Biggest Gain Over Last 2 Decades

S. Korea’s Chip Exports to China Jump Nearly 13 Times, Biggest Gain Over Last 2 Decades

SEOUL, Aug. 21 (Korea Bizwire) – South Korea’s semiconductor industry saw the biggest export growth to China over the past two decades, research showed Sunday. The research by the Korea Chamber of Commerce and Industry (KCCI) showed that semiconductors took up only 3.2 percent of South Korea’s total exports to China in 2000 but jumped [...]

S. Korea to Expand Financial, Manpower Support to Promote Chipmakers’ Investment

S. Korea to Expand Financial, Manpower Support to Promote Chipmakers’ Investment

SEOUL, July 21 (Korea Bizwire) – South Korea will offer more tax incentives and financial support to chipmakers and nurture 150,000 experts in the field in an effort to encourage the firms to push ahead with their investment plans without a hitch, the industry ministry said Thursday. Major tech companies, including Samsung Electronics Co. and [...]

Gov’t Pushing to Nurture 150,000 Semiconductor Talents Over Next 10 yrs

Gov’t Pushing to Nurture 150,000 Semiconductor Talents Over Next 10 yrs

SEOUL, July 19 (Korea Bizwire) — South Korea plans to nurture about 150,000 semiconductor talents over the next 10 years to help keep up its competitive edge in chipmaking and tackle manpower shortages facing domestic chipmakers, Education Minister Park Soon-ae said Tuesday. The plan came as the government is making a renewed push to support [...]

Semiconductor Employee Shortage Hits Small Businesses

Semiconductor Employee Shortage Hits Small Businesses

SEOUL, June 16 (Korea Bizwire) — A majority of businesses struggling with a shortage of semiconductor technicians tend to be small and medium-sized companies that need graduates from high schools or two-year community colleges, rather than large conglomerates, a government survey showed Wednesday. A survey conducted by the Ministry of Trade, Industry and Energy and [...]