SEOUL, Aug. 11 (Korea Bizwire) – The semiconductor and automobile industries led South Korea’s exports in the second quarter, with the items accounting for a record high of more than 30 percent of total outbound shipments, data showed Sunday. Combined exports of chips and cars reached US$54.3 billion in the April-June period, taking up the [...]
SEOUL, Oct. 26 (Korea Bizwire) — SK hynix Inc. said Thursday it posted losses for the fourth consecutive quarter in the third quarter of this year but recovering demand for high-performance products helped narrow its operating deficit. The world’s second-largest memory chip maker said in a regulatory filing its operating losses amounted to 1.79 trillion [...]
SEOUL, Sept. 28 (Korea Bizwire) — Global fabrication capacity for 200-millimeter wafers is forecast to jump 14 percent over the next three years, a recent report showed Thursday, as demand for chips used in electric vehicles (EVs), in particular, is sharply rising. “The development of powertrain inverters and charging stations for EVs in particular is [...]
SEOUL, March 15 (Korea Bizwire) — South Korea will create the world’s largest semiconductor cluster in Yongin, located in the Seoul metropolitan area, by earmarking 300 trillion won (US$229.81 billion) as part of efforts to secure a competitive edge in the sector and to further the country’s economic growth momentum, the industry ministry said Wednesday. [...]
SEOUL, March 5 (Korea Bizwire) — Inventory of South Korean chipmakers has increased to a nearly 26-year high in January, data showed Sunday, reflecting the sluggish global demand amid the economic uncertainties. The inventory-to-sales ratio of chips came to 265.7 percent in January, the highest since 288.7 percent posted in March 1997, according to the [...]
SEOUL, Dec. 22 (Korea Bizwire) — As the worldwide shortage of semiconductors is taking a toll on car manufacturing, cargo truck drivers are frustrated over maintenance delays. Choi Su-yeong (alias), a 30-year-old dump truck driver in South Chungcheong Province, hasn’t been able to get his truck fixed since September. “There are already four trucks lined [...]
SEOUL, Feb. 24 (Korea Bizwire) — South Korean carmakers are facing a crisis as the global automaking industry is being hit by a shortage of semiconductors. Hyundai Motor Co. and affiliate Kia Corp. are checking the stocks of semiconductors each week, adjusting manufacturing plans to prioritize the production of cars with ample stock of automotive [...]
SEOUL, Sept. 15 (Korea Bizwire) — South Korean chip exports to China are feared to take a hit from U.S. sanctions on Chinese telecom giant Huawei Technologies Co. due to their heavy dependence on the neighboring country, sources said Tuesday. The new sanctions, which ban the supply of semiconductors made with U.S. equipment, software and [...]
SEOUL, Sept. 9 (Korea Bizwire) – Samsung Electronics Co. and other South Korean memory chipmakers will feel the pinch of additional U.S. sanctions on Chinese telecom giant Huawei Technologies Co. that take effect next week, industry sources said Wednesday. The new sanctions, which ban the supply of semiconductors made with U.S. equipment, software and design [...]
SEOUL, Aug. 13 (Korea Bizwire) — Samsung Electronics Co. said Thursday that its advanced chip packaging technology is now ready for use after the company succeeded in producing test chips with the solution that can improve speed and power efficiency of logic semiconductors. Its silicon-proven 3D integrated circuit (IC) packaging technology, dubbed “eXtended-Cube” or simply [...]