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S Korea‘s Chip Industry Faces Tough Choice Between U.S. and China: Report

S Korea‘s Chip Industry Faces Tough Choice Between U.S. and China: Report

SEOUL, Sept. 1 (Korea Bizwire) — South Korea’s chip industry, heavily dependent on China for production and exports, faces a dilemma due to the United States government’s policy of promoting sanctions against Beijing, a report showed Thursday. The global chip supply network is projected to undergo reorganization between 2025 and 2030, aligning with the anticipated [...]

ICT Ministry Launches ‘My Chip’ Service for Semiconductor Students

ICT Ministry Launches ‘My Chip’ Service for Semiconductor Students

SEOUL, July 25 (Korea Bizwire) — The Ministry of Science and ICT said Monday it will introduce a new service aimed at assisting university and graduate school students specializing in semiconductors, enabling them to develop and validate their chip designs effectively. Dubbed the “My Chip” service, it allows students to produce their chip designs at [...]

SKC Takes Over Semiconductor Test Equipment Maker in Push for Chip Components

SKC Takes Over Semiconductor Test Equipment Maker in Push for Chip Components

SEOUL, July 7 (Korea Bizwire) — SKC Co., a chemical company under South Korea’s SK Group, said Friday it acquired a local semiconductor test equipment maker for 522.5 billion won (US$399 million) as it accelerates its push for a pivot to the manufacturing of semiconductor and battery components. SKC took over a 35.8 percent stake, [...]

Patent Office to Establish Semiconductor Patent Examination Task Force

Patent Office to Establish Semiconductor Patent Examination Task Force

DAEJEON, April 5 (Korea Bizwire) — The Korean Intellectual Property Office (KIPO) has revealed that it will be establishing a Semiconductor Examination Task Force that will be dedicated to reviewing patents related to chip technology. The patent office and the Ministry of the Interior and Safety said Tuesday that the amendment to the former’s organizational [...]

S. Korean Chip Industry Concerned over Excessive Requirements for Chips Act Incentives

S. Korean Chip Industry Concerned over Excessive Requirements for Chips Act Incentives

SEOUL, March 30 (Korea Bizwire) — South Korea’s semiconductor industry is complaining over the U.S. CHIPS and Science Act for requiring companies to submit information about production yield, which is regarded as sensitive and confidential data within the industry. Earlier this week, the U.S. Commerce Department released new requirements for chipmakers seeking federal grants for [...]

Gov’t to Invest 54 bln Won to Nurture 400 Semiconductor Talents Every Year

Gov’t to Invest 54 bln Won to Nurture 400 Semiconductor Talents Every Year

SEOUL, Feb. 28 (Korea Bizwire) — South Korea plans to invest 54 billion won (US$40.8 million) over the next four years to help universities nurture about 400 semiconductor majors every year, officials said Tuesday. The plan by the Education Ministry comes as the country, home to such semiconductor giants as Samsung Electronics and SK hynix, [...]

S. Korea to Invest 223 bln Won over 10 yrs in Nurturing Semiconductor Talents

S. Korea to Invest 223 bln Won over 10 yrs in Nurturing Semiconductor Talents

SEOUL, Feb. 23 (Korea Bizwire) — The South Korean government and the country’s major chipmakers agreed Thursday to jointly nurture more than 2,300 top-level talents in the semiconductor field over the next decade in an effort to maintain global technology prowess, the industry ministry said. The ministry signed a memorandum of understanding with Samsung Electronics [...]

Semiconductor Industry Faces Double Blow from Economic Slump and Shortage of Talent

Semiconductor Industry Faces Double Blow from Economic Slump and Shortage of Talent

SEOUL, Feb. 20 (Korea Bizwire) — The shortage of skilled employees is emerging as another problem for South Korea’s chip industry, which is already struggling due to the repercussions of the global economic slump. The number of students who gave up enrollment in the semiconductor departments of the nation’s four major universities even after being [...]

S. Korean Chipmakers Abolish Retirement Age to Prevent Talent Leaks

S. Korean Chipmakers Abolish Retirement Age to Prevent Talent Leaks

SEOUL, Jan. 25 (Korea Bizwire) — South Korea’s semiconductor industry is establishing a system to allow high-caliber engineers to continue to work even after retirement age as part of efforts to cope with talent leaks. SK hynix Inc. recently created a “master” position, which is the highest career level among field workers at semiconductor production [...]

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 [...]