SEOUL, Aug. 10 (Korea Bizwire) — Samsung Electronics Co. will start the construction of its third chip fabrication facility in South Korea next month at the earliest, industry insiders said Monday, as the company tries to ramp up its production capacity to cope with rising demand for semiconductors. Land preparation work for the facility in [...]
SEOUL, March 26 (Korea Bizwire) – South Korean companies that embarked on domestic production of hydrogen fluoride after Japan’s export restriction last year have recorded satisfactory performance. It is seen as an exemplary case where companies, both large and small, and the government joined hands to turn the crisis into opportunity. Soulbrain Co., a South [...]
SEOUL, Feb. 5 (Korea Bizwire) — The spread of coronavirus in China is likely to push up prices of semiconductors and display panels, analysts said Wednesday, amid possible supply chain disruptions of key industrial materials. China, where the outbreak originated, is home to manufacturing facilities of many of South Korea’s major tech firms, including Samsung [...]
SEOUL, Oct. 28 (Korea Bizwire) — Due to dwindling semiconductor exports, the proportion of information and technology (IT) products among all South Korean exports reached a seven-year low this year. According to the Korea International Trade Association, South Korea recorded US$90.7 billion in exports of IT products including semiconductors, displays, and others between January and [...]
SEOUL, Sept. 3 (Korea Bizwire) — Samsung Electronics Co., the world’s leading memory chip and smartphone maker, has begun replacing Japanese materials with local supplies for its production of semiconductors, company officials said Tuesday, a move that could offset Japan’s restrictions on high-tech exports to South Korea. “(The company) has injected supplies other than Japanese [...]
SEOUL, Aug. 9 (Korea Bizwire) — Samsung Electronics Co. raised its share in the global DRAM market in the second quarter thanks to some recovery demand in the server sector, but revenues fell due to slumping prices, a market researcher said Friday. Samsung’s market share in the DRAM market stood at 45.7 percent in the [...]
SEOUL, Aug. 2 (Korea Bizwire) — The city of Yongin, Gyeonggi Province, with plans to establish an industrial complex for semiconductors, is looking into the best practices of companies in the Silicon Valley. Yongin mayor Baek Kun-ki visited the cities of San Jose and Santa Clara in California from July 29 to 31 to discuss [...]
SEOUL, Jul. 17 (Korea Bizwire) — Samsung Electronics Co. has begun testing etching gas critical for the production of semiconductors, a source familiar with the issue said Wednesday, as South Korea is struggling to cope with Japan’s export restrictions. Since July 4, Japan tightened regulations on exports to South Korea of resist, etching gas and [...]
SEOUL, Jul. 14 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong has convened a meeting with top executives to discuss countermeasures against Japan’s export restrictions of key materials and possibilities of expanding the measures to other areas, company officials said Sunday. On Saturday, Lee met with Kim Ki-nam, head of the company’s device solution [...]
SEOUL, Jul. 1 (Korea Bizwire) — South Korean chip and display makers are expected to embrace yet more uncertainty from Japan’s restriction of exports of key materials for their production amid diplomatic rows between the two nations, market watchers said Monday. The Japanese government said earlier in the day that it will strengthen regulations on [...]