SEOUL, Sept. 20 (Korea Bizwire) — South Korea’s major tech giants are anticipated to enjoy better-than-expected earnings during the third quarter, a poll showed Sunday, as they were able to save costs amid the global new coronavirus pandemic. Samsung Electronics Co. is expected to post an operating profit of 10.3 trillion won (US$8.85 billion) in [...]
SEOUL, Aug. 27 (Korea Bizwire) — Samsung Electronics Co.’s share of the global NAND flash market in the second quarter of the year dropped slightly compared with three months earlier, a report showed Thursday, although it maintained dominance in the sector. The South Korean tech giant, also the leader in the DRAM sector, had a [...]
SEOUL, July 23 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, announced on Thursday that it expects solid chip demand in the second half of the year following its strong second-quarter performance on the back of robust demand for server chips amid the novel coronavirus pandemic. Its net profit more than doubled to [...]
SEOUL, July 22 (Korea Bizwire) — South Korea’s spending on chipmaking equipment is likely to be the third largest of any country this year, industry data showed Wednesday, amid solid global chip demand sparked by the pandemic-driven stay-at-home economy. South Korea, home to major memory chip producers Samsung Electronics Co. and SK hynix Inc., is [...]
SEOUL, June 30 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, is likely to see its second-quarter profit more than double from a year earlier, analysts here said Tuesday, thanks to strong memory chip prices amid the novel coronavirus pandemic. SK hynix was expected to log 8.29 trillion won (US$6.9 billion) in sales [...]
SEOUL, May 25 (Korea Bizwire) — Samsung Electronics Co.’s share of the global NAND flash market in the first quarter of the year dropped slightly compared to three months earlier, a report showed Monday, although it maintained dominance in the sector. The South Korean tech giant, also the leader in the DRAM sector, had a [...]
SEOUL, May 20 (Korea Bizwire) — South Korean chipmakers are looking to score big in the graphics DRAM sector in the second half of the year, industry observers said Wednesday, as demand for such products is expected to rise with the release of new graphics processing units (GPUs) and new gaming consoles. According to DRAMeXchange, [...]
SEOUL, May 12 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, said Tuesday it has joined hands with the country’s leading research university to use artificial intelligence (AI) technology in the chip manufacturing process. Under the memorandum of understanding with the Korea Advanced Institute of Science and Technology (KAIST), SK hynix will provide [...]
SEOUL, April 23 (Korea Bizwire) — SK hynix Inc. on Thursday delivered an earnings surprise for the first quarter of the year, apparently aided by increased demand for IT products needed for social distancing amid the coronavirus outbreak. The net profit of South Korea’s No. 2 memory chip producer came to 649.1 billion won (US$526 [...]
SEOUL, April 16 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, is expected to see an earnings rebound in the first quarter of the year, analysts here said Thursday, on the back of robust demand for server chips amid the novel coronavirus pandemic. SK hynix, a major memory chip producer, was projected [...]