SEOUL, Nov. 26 (Korea Bizwire) — Concerns are growing that SK hynix Inc.’s plan to overhaul its Chinese factory with a cutting-edge chipmaking machine could be in jeopardy due to opposition from the United States. Earlier this week, U.S. Trade Representative (USTR) Katherine Tai effectively acknowledged that Washington had opposed such efforts by the South [...]
SEOUL, Nov. 22 (Korea Bizwire) — SK hynix CEO Lee Seok-hee said Monday that the company will respond “wisely” to the U.S.-China trade tension that could cloud the chipmaker’s plan to upgrade its Chinese plant. “The fourth-generation DRAM chips have been produced in South Korea since July and it is still a long way to [...]
SEOUL, Nov. 18 (Korea Bizwire) — SK hynix Inc., a major South Korean memory chip maker, said Thursday that it will flexibly operate its Chinese plant as its plan to overhaul the facility could be jeopardized amid the escalating tech tussle between the United States and China. “We have nothing to say on the matter. [...]
SEOUL, Nov. 10 (Korea Bizwire) — SK hynix Inc., a major global memory chip supplier, distanced itself from the on-going chip shortages that have snarled production of cars and consumer electronic products around the globe, a report filed with the United States showed Wednesday. “Memory products have not been a source of chip shortages to [...]
SEOUL, Nov. 9 (Korea Bizwire) — Samsung Electronics Co. and SK hynix Inc. on Tuesday submitted information on their chip businesses to the United States but withheld some key data considered trade secrets in an apparent delicate balancing act. The two South Korean chipmakers made the filings about two months after the U.S. Department of [...]
SEOUL, Nov. 5 (Korea Bizwire) — The global DRAM market for 2022 is expected to log similar yearly sales on solid demand despite falling prices, a recent report has said. Market researcher TrendForce said in its latest report released Thursday DRAM sales are expected to grow 0.3 percent to reach US$91.54 billion next year. DRAM [...]
SEOUL, Nov. 3 (Korea Bizwire) — South Korea’s top two chipmakers — Samsung Electronics Co. and SK hynix Inc. — are expected to submit information on their chip businesses to the U.S. government by the Nov. 8 deadline, industry sources said Wednesday. In late September, the U.S. Department of Commerce asked major chip companies and [...]
SEOUL, Oct. 29 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, said Friday it signed a deal to buy a local chip contract manufacturer for 575.68 billion won (US$492 million), as part of efforts to enhance its presence in the non-memory sector. SK hynix said the acquisition of Key Foundry, the 8-inch wafer [...]
SEOUL, Oct. 26 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, reported strong third-quarter earnings Tuesday on the back of solid memory chip demand for severs and smartphones, and rising prices. Net profit for the three months that ended Sept. 30 leaped by 205.7 percent from a year earlier to 3.31 trillion [...]
SEOUL, Oct. 14 (Korea Bizwire) — Shares of South Korea’s two chipmakers — Samsung Electronics Co. and SK hynix Inc. — have withered in recent days despite upbeat news that they are going to post record quarterly sales backed by brisk memory chip businesses. In its third-quarter earnings guidance released earlier this month, Samsung Electronics [...]