SEOUL, Oct. 9 (Korea Bizwire) — South Korean chipmakers Samsung Electronics Co. and SK hynix Inc. may have to pay part of their corporate taxes to foreign countries where they earn profits under a new landmark global taxation scheme. A group of 360 countries agreed on a two-pillar deal Friday to impose a global minimum [...]
SEOUL, Oct. 8 (Korea Bizwire) — Shares in SK hynix Inc. plunged on concerns over a slowdown in the memory market, analysts here said Friday, as they lowered the target price for South Korea’s No. 2 chipmaker. SK hynix closed at 94,000 won (US$78) on the Seoul bourse after a 1.78 percent decline, so far [...]
SEOUL, Sept. 9 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, said Wednesday it will support handball teams made up of individuals with developmental disabilities as part of efforts to support their dreams and challenge them through sports. The company plans to form a total of eight teams by Oct. 18 and [...]
SEOUL, Sept. 1 (Korea Bizwire) — DRAM prices in the spot market have recently been declining amid expectations for weaker demand stemming from widening COVID-19 vaccinations around the globe, industry sources said Wednesday. According to market tracker DRAMeXchange, the average contract price of 8-gigabit DDR4 DRAMs for PCs came to US$3.889 on Monday, the lowest [...]
SEOUL, Aug. 26 (Korea Bizwire) — Samsung Electronics Co. expanded its lead in the global NAND flash market in the second quarter of the year, a report showed Thursday, on the back of strong chip demand and price hikes. The South Korean tech giant posted a market share of 34 percent in terms of revenue [...]
SEOUL, Aug. 24 (Korea Bizwire) — Samsung Electronics Co. expanded its dominance in the global DRAM market in the second quarter of the year, a report showed Tuesday, thanks to bullish demand and chip price hikes. The South Korean tech giant registered a 43.6 percent share of the global DRAM flash market in terms of [...]
SEOUL, Aug. 18 (Korea Bizwire) — The global semiconductor market is expected to expand 25.1 percent this year on the back of robust growth from the memory sector, a report from an industry tracker showed Wednesday, amid concerns of a slowdown in demand. World Semiconductor Trade Statistics (WSTS), a nonprofit organization of chipmakers, said the [...]
SEOUL, Aug. 12 (Korea Bizwire) — Shares in Samsung Electronics Co. and SK hynix Inc. — South Korea’s two largest chipmakers — plunged amid concerns of a slowdown in memory demand, analysts said Thursday. Samsung lost 1.9 percent to close at 77,000 won (US$66) on the Seoul bourse, the lowest since December 2020. SK hynix [...]
SEOUL, July 27 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, on Tuesday delivered robust second-quarter earnings on the back of strong memory demand in the market. SK hynix reported that its second-quarter net income stood at 1.98 trillion won (US$1.7 billion), up 56.5 percent from a year earlier. Operating profit for the [...]
SEOUL, July 16 (Korea Bizwire) – SK hynix Inc., South Korea’s No. 2 chipmaker, is expected to deliver strong second-quarter earnings, analysts here said Friday, due to a rise in memory chip prices. SK hynix was estimated to log 9.92 trillion won (US$8.6 billion) in sales in the April-June period, up 15.3 percent from a [...]