SEOUL, Mar. 12 (Korea Bizwire) — The global semiconductor market is expected to grow at a faster-than-expected click this year thanks to rising demand for DRAMs and other chips, industry sources said Monday. With concerns over an oversupply in the second half of this year waning, more market trackers have revised up their growth projections [...]
SEOUL, Feb. 8 (Korea Bizwire) — The industry ministry launched a project Thursday to bolster the country’s semiconductor and display sectors through new technology development and localized production. The project will be driven by the “Gap 5″ strategy, under which South Korea will try to maintain a five-year lead compared to emerging economies in the [...]
SEOUL, Feb. 7 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co. has approved a preliminary investment plan to set up a second chip-production line near Seoul, an industry source said Wednesday. The Management Committee — the top decision-making body at Samsung Electronics — held a meeting earlier in the day and endorsed the [...]
SEOUL, Jan. 10 (Korea Bizwire) – Although growing semiconductor sales are powering record profits, the future of South Korea’s most famous conglomerate remains murky at best. In the face of the absence of the imprisoned Lee Jae-yong, who is seen as the de facto head of the Samsung group, and growing competition in the semiconductor industry [...]
SEOUL, Jan. 10 (Korea Bizwire) – A new report has found that female semiconductor workers in South Korea are nearly two and a half times more likely to develop leukemia than workers in other occupations. The worrying revelation comes as data released by the Korea Occupational Safety and Health Agency shows that female workers in the [...]
SEOUL, Nov. 17 (Korea Bizwire) — Capital spending among chipmakers is expected reach US$90.8 billion this year, an industry tracker said Friday, with South Korea’s Samsung Electronics Co. leading the pact. According to the data compiled by IC Insights, Samsung Electronics’ annual facility investment for this year is estimated at $26 billion, accounting for more [...]
SEOUL, Oct. 20 (Korea Bizwire) – Details of a report from the Bank of Korea released October 19 indicate that the recent boom in semiconductor manufacturing for domestic companies has led to increased plant and equipment investment, while employment figures remain nearly constant. The report identified the periods between the fourth quarters of 2002 and [...]
SANTA CLARA, Calif., Sept. 26 (Korea Bizwire) — EfinixTM, an innovator in programmable product platforms and technology, today announced the completion of a $9.5 million funding round. The investment will accelerate the market deployment of the company’s Quantum™ programmable technology with a focus on deep learning and compute acceleration. The investment was led by leading [...]
SEOUL, Sept. 18 (Korea Bizwire) — Major South Korean manufacturers of semiconductors and displays plan to invest a combined 51.9 trillion won (US$45.8 billion) in the domestic market by 2024 to help stimulate the local economy and create jobs, the government said Monday. Senior executives from major manufacturers announced their investment plans during a meeting [...]
SEOUL, Sept. 5 (Korea Bizwire) — According to figures released by Statistics Korea, the production diffusion index for the mining and manufacturing industries in July was calculated at 48.8. The production diffusion index is a tool that takes all of the eighty sub-industries included in the mining and manufacturing industries and measures the types that [...]