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SK hynix Posts Worst Profit in Over 3 Years in Q3 on Weak Memory Chips

SK hynix Posts Worst Profit in Over 3 Years in Q3 on Weak Memory Chips

SEOUL, Oct. 24 (Korea Bizwire) — SK hynix Inc. said Thursday its net profit for the third quarter dipped to the lowest level in more than three years on weak memory chip prices and global demand, but said it expected the memory industry to recover next year on adoption of 5G smartphones. The net profit [...]

SK hynix to Cut Memory Output on Weak Q2 Earnings, Readies for Japan’s Export Curbs

SK hynix to Cut Memory Output on Weak Q2 Earnings, Readies for Japan’s Export Curbs

SEOUL, Jul. 25 (Korea Bizwire) — SK hynix Inc. on Thursday reported dismal second-quarter earnings on lower memory chip prices, saying it will cut output to respond to challenging market conditions and uncertainties from trade disputes between South Korea and Japan. Net profit for the world’s No. 2 memory chip maker came to 537 billion [...]

Samsung, Others in Quest for Alternative Supply amid Trade Feud with Japan

Samsung, Others in Quest for Alternative Supply amid Trade Feud with Japan

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 [...]

SK hynix Mass-produces World’s Highest-stacking 4D NAND Flash Chip

SK hynix Mass-produces World’s Highest-stacking 4D NAND Flash Chip

SEOUL, Jun. 26 (Korea Bizwire) — SK hynix Inc., a major chipmaker here, said Wednesday that it has started mass-producing the industry’s highest vertically stacking 4D NAND flash chip, with shipment expected in the second half of the year. The 128-layer 1TB triple-level cell (TLC) 4D NAND chip also provides the industry’s highest density, and [...]

S. Korean Chipmakers to Face Prolonged Downturn amid Trade War

S. Korean Chipmakers to Face Prolonged Downturn amid Trade War

SEOUL, Jun. 19 (Korea Bizwire) – South Korean chipmakers may wish they were undergoing the bottom of the memory chip down cycle in the second quarter before entering a recovery mode later this year, but it seems like they have to deal with unfavorable business conditions longer than expected due to prolonged global trade tension. [...]

S. Korean Chipmakers Gearing Up for Fledging Autonomous Vehicle Market

S. Korean Chipmakers Gearing Up for Fledging Autonomous Vehicle Market

SEOUL, Jun. 17 (Korea Bizwire) — For a car to truly drive itself without user control, it needs to be continuously aware of surroundings and make split-second decisions in any situation via the vehicle’s autonomous driving system. As a self-driving car’s system must be based on complex data sets to navigate the road and electronics [...]

S. Korea Seeks to Expand Presence in Foundry, Non-memory Biz

S. Korea Seeks to Expand Presence in Foundry, Non-memory Biz

SEOUL, Apr. 22 (Korea Bizwire) — South Korea’s major chipmakers are stepping up efforts to expand their presence in the foundry and non-memory businesses to diversify portfolios that heavily rely on memory chips in search of new growth engines, industry officials said Monday. Samsung Electronics Co. and SK hynix Inc. hold over 60 percent of [...]

S. Korea Eyes Non-memory Chips as New Growth Engine

S. Korea Eyes Non-memory Chips as New Growth Engine

SEOUL, Apr. 1 (Korea Bizwire) — The party is over for South Korean memory chip makers after a two-year boom, and deep-pocketed industry leaders are now looking to the future to find the new growth drivers in the non-memory chip business. Samsung Electronics Co. and SK hynix Inc., the world’s two largest memory chip makers, [...]