SEOUL, Aug. 15 (Korea Bizwire) – The South Korean government is set to deploy a substantial semiconductor ecosystem fund starting in the third quarter of this year, targeting fabless chip design companies for scale-ups and mergers and acquisitions (M&A). This move is part of a broader strategy to expand the country’s semiconductor value chain beyond memory [...]
SEOUL, Jul. 5 (Korea Bizwire) – Samsung Electronics, the world’s largest memory chip maker, has announced a significant increase in performance bonuses for its semiconductor division, signaling a recovery in the chip market after a challenging year. Employees in the company’s Device Solutions (DS) division, which oversees semiconductor operations, will receive bonuses of up to 75% [...]
SEOUL, Jul. 4 (Korea Bizwire) – Song Jai-hyuk, Chief Technology Officer of Samsung Electronics’ Device Solutions Division and president of Samsung’s Semiconductor Research Center, expressed optimism about the company’s future in the rapidly evolving semiconductor industry. Speaking at the “Nano Korea 2024″ conference in Goyang on July 3, Song delivered a keynote address titled “Semiconductor Innovation [...]
SEOUL, Jun. 27 (Korea Bizwire) – Samsung Electronics’ Device Solutions (DS) Division, responsible for the company’s semiconductor business, held its semi-annual global strategy meeting on June 26 to discuss ways to secure future competitiveness in the semiconductor industry. The meeting, chaired by DS Division head Kyung Kye-hun, was held at Samsung’s Hwaseong campus in Gyeonggi Province. [...]
SEOUL, May 25 (Korea Bizwire) – The United States, China and countries around the world are waging an intense battle to gain supremacy in the semiconductor industry, crucial for cutting-edge technologies. On May 23, in a meeting presided over by President Yoon Suk Yeol, South Korea’s government unveiled a comprehensive 26 trillion won support package for [...]
SEOUL, May 24 (Korea Bizwire) — The chipmaking sector’s upside cycle may last into the first half of next year and possibly beyond that time, giving a boost to the country’s exports, a report from the Bank of Korea said Friday. The global chipmaking sector rebounded early last year on the back of a boom [...]
SEOUL, May 24 (Korea Bizwire) – Samsung Electronics Co., the world’s largest memory chipmaker, said Friday the testing process of its latest high-bandwidth memory (HBM) chips is proceeding smoothly in cooperation with its customers. “Samsung Electronics is currently working closely with a number of companies to continuously test the technology and performance,” the company said [...]
SEOUL, May 17 (Korea Bizwire) – Two companies that supply semiconductors to China have entered Samsung Electronics’ list of five top revenue sources, underscoring the growing importance of the Chinese market for the South Korean tech giant. According to Samsung’s quarterly report disclosed on May 16, its five biggest revenue drivers in the first quarter were [...]
SEOUL, May 16 (Korea Bizwire) – Edwards, a leading British semiconductor equipment company, has inaugurated a new facility in Asan, South Chungcheong Province, dedicated to producing crucial components for extreme ultraviolet (EUV) lithography processes. The Ministry of Trade, Industry and Energy announced that Deputy Minister for Trade and Investment Choi Woo-seok attended the opening ceremony held [...]
SEOUL, May 13 (Korea Bizwire) — South Korea will push to set up a package worth over 10 trillion won (US$7.28 billion) to support the chip industry as part of efforts to boost the competitiveness of the critical industry and to prop up economic growth, the finance ministry has said. The planned assistance program of [...]