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Yoon Says ‘Semiconductor Mega Cluster’ outside Seoul Will Create 3 Mln Jobs

Yoon Says ‘Semiconductor Mega Cluster’ outside Seoul Will Create 3 Mln Jobs

SEOUL, Jan. 15 (Korea Bizwire) — President Yoon Suk Yeol said Monday that a semiconductor industry cluster being built outside Seoul is expected to create at least 3 million jobs over the next 20 years. Yoon made the remark during a policy debate held at Sungkyunkwan University’s Natural Sciences Campus in Suwon, 30 kilometers south [...]

Chip Exports to Continue Recovery on Higher Memory Prices: Industry Minister

Chip Exports to Continue Recovery on Higher Memory Prices: Industry Minister

SEJONG, Jan. 11 (Korea Bizwire) — South Korea’s semiconductor exports are anticipated to continue to lead the overall recovery in outbound shipments this year amid higher memory chip prices, the industry minister said Thursday. “South Korea’s chip exports experienced a rebound last year despite the global economic slump and the sluggish semiconductor industry, laying the [...]

Industrial Output Rebounds in November on Rising Chip Production

Industrial Output Rebounds in November on Rising Chip Production

SEOUL, Dec. 28 (Korea Bizwire) — South Korea’s industrial output inched up in November on a solid increase in the production of the semiconductor sector, data showed Thursday. Industrial production rose 0.5 percent on-month last month after a 1.8 percent decline logged a month earlier, according to the data compiled by Statistics Korea. Compared with [...]

Yoon Says S. Korea, Netherlands Will Form ‘Semiconductor Alliance’

Yoon Says S. Korea, Netherlands Will Form ‘Semiconductor Alliance’

AMSTERDAM/SEOUL, Dec. 12 (Korea Bizwire) — President Yoon Suk Yeol began his state visit to the Netherlands by meeting with a group of Korean residents and vowing to upgrade the two countries’ relations to a “semiconductor alliance.” Yoon arrived in Amsterdam on Monday (local time) on a four-day visit aimed at strengthening cooperation between South [...]

Samsung Electronics and SK Hynix Adapt Hiring Strategies Amidst Industry Talent Crunch

Samsung Electronics and SK Hynix Adapt Hiring Strategies Amidst Industry Talent Crunch

SEOUL, Dec. 11 (Korea Bizwire) – Fierce talent competition has prompted Samsung Electronics and SK Hynix to ease hiring criteria in the semiconductor industry.  In response to a critical shortage of skilled labor in the semiconductor industry, both Samsung Electronics and SK Hynix have adopted a strategic approach to attract talent. Notably, SK Hynix has recently [...]

Semiconductor Industry at Crossroads: Rising Hopes for High-Bandwidth Memory Amidst NAND Struggles

Semiconductor Industry at Crossroads: Rising Hopes for High-Bandwidth Memory Amidst NAND Struggles

SEOUL, Nov. 6 (Korea Bizwire) – Expectations for the arrival of the ‘time of semiconductors’ are rising both within and outside the semiconductor industry due to the increasing demand for High-Bandwidth Memory (HBM) in tandem with the expansion of the artificial intelligence (AI) market. Samsung Electronics and SK Hynix are actively working on securing leadership in [...]

Samsung Electronics to Manufacture Next-generation AI Chips for Canada’s Tenstorrent

Samsung Electronics to Manufacture Next-generation AI Chips for Canada’s Tenstorrent

SEOUL, Oct. 3 (Korea Bizwire) — Samsung Electronics Co., the world’s largest maker of memory chips, will build next-generation artificial intelligence (AI) chiplets for the computing startup Tenstorrent, the Canadian company has said. Tenstorrent has said it has selected Samsung’s Foundry Design Service team to manufacture its chiplets, which can be used for a wide [...]

S. Korea to Offer Tax Cuts, Financial Support to Revitalize Chip Industry

S. Korea to Offer Tax Cuts, Financial Support to Revitalize Chip Industry

SEOUL, Sept. 27 (Korea Bizwire) — South Korea’s finance minister said Wednesday the government will spare no effort to support the country’s chip industry through tax cuts and other financial support amid the sector’s downturn. “The chip sector is the strategic and core industry for the South Korean economy, responsible for 18.9 percent of exports [...]

SKC to Buy Stake in U.S. Chip Packaging Startup Chipletz

SKC to Buy Stake in U.S. Chip Packaging Startup Chipletz

SEOUL, Sept. 11 (Korea Bizwire) — SKC Co., a South Korean manufacturer of secondary battery parts and advanced materials, said Monday it is acquiring a stake in a U.S. semiconductor packaging startup as it accelerates the drive for chip post-processing. The investment in Chipletz, an Austin-based fabless company, will give SKC an approximately 12 percent [...]

KIPO Hires Retired Semiconductor Veterans as Patent Reviewers

KIPO Hires Retired Semiconductor Veterans as Patent Reviewers

SEOUL, Sept. 8 (Korea Bizwire) — On Thursday, the Korean Intellectual Property Office (KIPO) announced its plans to hire 39 patent reviewers specializing in semiconductors as part of its efforts to prevent overseas technology leaks in the semiconductor field as well as a loss of skilled employees. This marks the second open recruitment following the [...]