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S. Korean Firms Expected to Benefit from China’s State Subsidy Cuts

S. Korean Firms Expected to Benefit from China’s State Subsidy Cuts

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 [...]

Sanan IC Goes Global, Emerges As a World-Class III-V Technology Platform Company

Sanan IC Goes Global, Emerges As a World-Class III-V Technology Platform Company

SUNNYVALE, Calif., Aug. 22 (Korea Bizwire) — SANAN INTEGRATED CIRCUIT CO., LTD. (Sanan IC), a pure-play compound semiconductor foundry, today announces its entry into the North American, European, and Asia Pacific (APAC) markets with their advanced III-V technology platform. With their broad portfolio of gallium arsenide (GaAs) HBT, pHEMT, BiHEMT, integrated passive device (IPD), filters, [...]

China Beats America as Biggest Market for Samsung

China Beats America as Biggest Market for Samsung

SEOUL, Aug. 20 (Korea Bizwire) — China accounted for more than 30 percent of Samsung Electronics Co.’s overall sales over the January-June period, industry data showed Monday, emerging as the company’s largest market and outpacing the American continents for the first time. The South Korean tech giant, which posted sales of 83.9 trillion won (US$74.6 [...]

Seoul to Invest 1.5 tln Won to Bolster Competitiveness in Chip Industry

Seoul to Invest 1.5 tln Won to Bolster Competitiveness in Chip Industry

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 [...]

Small, Large Companies Collaborate on Testing Memory Chips, Display Parts

Small, Large Companies Collaborate on Testing Memory Chips, Display Parts

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 [...]

Seoul Asks Beijing for Fair Investigation into Korean Chipmakers

Seoul Asks Beijing for Fair Investigation into Korean Chipmakers

SEOUL, Jun. 6 (Korea Bizwire) — South Korea’s industry minister called on China to fairly conduct an antitrust probe into two Korean chipmakers as regulators are reportedly looking into their alleged price fixing, his office said Tuesday. Paik Un-gyu, South Korean minister of trade, industry and energy, made the request during a meeting with China’s [...]