SEOUL, Feb. 4 (Korea Bizwire) – Spot market prices for DRAM chips are on a rising course, industry data showed Thursday, boding well for South Korean chipmakers that dominate the memory market. The spot price of 8-gigabit DDR4 DRAM, a benchmark price for the category, reached as high as US$3.93 as of Wednesday, according to [...]
SEOUL, Feb. 1 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, said Monday it has completed the construction of a new chip production line in the country as the company tries to expand its presence in the memory sector. The world’s second-largest DRAM maker held the completion ceremony of the M16 chip [...]
SEOUL, Jan. 29 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, said Friday it expected strong demand for memory chips this year on the back of growth in the server and mobile sectors after reporting robust fourth-quarter earnings amid the pandemic. Its net income reached 1.76 trillion won (US$1.6 billion) during the [...]
SEOUL, Jan. 29 (Korea Bizwire) — SK hynix Inc. said Friday its new chip production line, named M16, will begin mass production in June this year as the South Korean chipmaker tries to expand its presence in the memory sector. The world’s second-largest DRAM maker said it plans to hold the completion ceremony of the [...]
SEOUL, Jan. 19 (Korea Bizwire) — South Korea’s state-run lenders and SK hynix Inc. signed an agreement to provide US$3 billion in loans to support mergers and acquisitions by the world’s second-biggest memory chipmaker, officials said Tuesday. The Korea Development Bank (KDB), Export-Import Bank of Korea (Eximbank) and NH Nonghyup joined the financing deal, which [...]
SEOUL, Jan. 14 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, on Thursday said it has raised US$2.5 billion by selling debts overseas, which includes its first-ever green note, as it eyes to use funds to bolster its presence in the memory sector. SK hynix said it sold a 10-year green bond worth [...]
SEOUL, Dec. 7 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, said Monday it has developed a 176-layer 4D NAND flash chip that boasts better productivity and performance as the company expands its technological presence in the sector. The samples of the 176-layer 512 Gigabit (Gb) Triple-Level Cell (TLC) 4D NAND flash [...]
SEOUL, Dec. 3 (Korea Bizwire) – South Korea’s top mobile carrier SK Telecom Co.’s CEO Park Jung-ho was appointed as the vice chairman of its chipmaking affiliate SK hynix Inc., SK Group said Thursday, in a move to boost the companies’ efforts in new tech businesses. SK Group, the country’s third-largest conglomerate, announced the new [...]
SEOUL, Nov. 26 (Korea Bizwire) — Samsung Electronics Co. maintained its top spot in the global NAND flash market in the third quarter of the year on the back of increased revenue, a report showed Thursday. The South Korean tech giant, also the leader in the DRAM sector, had a 33.1 percent share of the [...]
SEOUL, Nov. 18 (Korea Bizwire) — South Korea has the highest concentration of wafer capacity dedicated to advanced technology nodes, a report showed Wednesday, underscoring its leadership in the chip manufacturing sector. The country, home to major chipmakers like Samsung Electronics Co. and SK hynix Inc., is more leading-edge focused than any other nation, with [...]