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Samsung Ranks 2nd in Q1 Chip Sales

Samsung Ranks 2nd in Q1 Chip Sales

SEOUL, May 26 (Korea Bizwire) — Samsung Electronics Co. was the world’s second-largest semiconductor vendor in the first quarter of the year, a report showed Wednesday, after posting double-digit year-on-year sales growth. The South Korean tech juggernaut logged US$17.07 billion in chip sales in the January-March period, up 15 percent from a year earlier, according [...]

SK hynix Looking to Double its Foundry Capacity with Possible M&A Deals

SK hynix Looking to Double its Foundry Capacity with Possible M&A Deals

SEOUL, May 13 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, said Thursday it is considering doubling its foundry capacity with options, including domestic facility expansion and merger and acquisition deals. Park Jung-ho, co-CEO and vice chairman at SK hynix, made the remarks during a government event for the country’s semiconductor vision, under [...]

SK hynix Creates More Social Value Last Year on the Back of Semiconductor Boom

SK hynix Creates More Social Value Last Year on the Back of Semiconductor Boom

SEOUL, May 11 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, said Monday that it created 4.88 trillion won (US$4.37 billion) worth of social value last year through environment, social and governance (ESG) management, up 36 percent from 3.58 trillion won a year ago. It made an indirect economic contribution of 5.37 [...]