SEOUL, Nov. 17 (Korea Bizwire) — Share prices in South Korean chipmakers are expected to rise further as investors bet on a recovery in the memory chip market next year, analysts here said Tuesday. South Korea’s two largest chipmakers — Samsung Electronics Co. and SK hynix Inc. — have been skyrocketing in recent weeks with [...]
SEOUL, Nov. 4 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, aims to triple its NAND flash sales in the next five years with the acquisition of Intel Corp.’s non-volatile memory business unit, its CEO said Wednesday. In a rare conference call appearance, SK hynix CEO Lee Seok-hee explained the company’s 10.3 trillion-won [...]
SEOUL, Nov. 4 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, on Wednesday reported estimate-beating third-quarter earnings on the back of a recovery in demand for mobile chips amid the pandemic. Its net profit stood at 1.07 trillion won (US$950.4 million) in the third quarter of the year, up 117.5 percent from a [...]
SEOUL, Oct. 29 (Korea Bizwire) — Lee Seok-hee, the CEO of SK hynix Inc., said Thursday he believes the company’s 10.3 trillion won (US$9 billion) acquisition of Intel Corp.’s NAND memory business is not an expensive deal. South Korea’s No. 2 chipmaker last week announced it agreed to buy Intel’s non-volatile memory unit for $9 [...]
SEOUL, Oct. 23 (Korea Bizwire) — SK hynix Inc.’s acquisition of Intel Corp.’s NAND memory business will bring positive results to the company, analysts here said Friday, as it can beef up profitability and technological prowess in the sector. South Korea’s No. 2 chipmaker on Tuesday announced a 10.3 trillion-won (US$9 billion) deal to buy [...]
SEOUL, Oct. 20 (Korea Bizwire) – SK hynix Inc., South Korea’s No. 2 chipmaker, said Tuesday that it will buy the NAND business of U.S. semiconductor giant Intel Corp. in a deal worth 10.3 trillion won (US$9 billion) to help the company vault to become the world’s second-largest NAND flash chipmaker. SK hynix said it will [...]
SEOUL, Oct. 6 (Korea Bizwire) — SK hynix Inc. said Tuesday it has launched the world’s first Double Data Rate 5 (DDR5) DRAM, as South Korea’s No. 2 chipmaker strives to expand its presence with the next-generation memory product. SK hynix’s 16 Gigabit (Gb) DDR5 DRAM, which was developed in 2018 using 1Ynm process technology, [...]
SEOUL, Oct. 4 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, is expected to report mediocre third-quarter earnings in the face of memory price decline, analysts here said Sunday. SK hynix was projected to log 7.9 trillion won (US$6.7 billion) in sales in the July-September period, up 15.5 percent from a year [...]
SEOUL, Sept. 22 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, said Tuesday its artificial intelligence (AI) solutions unit has been established, as the company aims to utilize human-like algorithms in semiconductor manufacturing. Gauss Labs Inc. will open its office here later this month after setting up its headquarters in Silicon Valley, [...]
SEOUL, Sept. 21 (Korea Bizwire) — Hanwha Precision Machinery Co., a major assembly automation equipment maker in South Korea, said Monday it has developed core semiconductor packaging equipment in collaboration with the country’s No. 2 chipmaker SK hynix Inc. Hanwha Precision and SK hynix worked together to commercialize the die bonder, a machine that attaches [...]