SEOUL, Dec. 23 (Korea Bizwire) – The removal of the last regulatory hurdle for SK hynix Inc.’s acquisition of Intel Corp’s non-volatile memory business will likely accelerate the chipmaker’s plan to expand its presence and enhance competitiveness in the global NAND market, analysts said Thursday. On Wednesday, the Chinese antitrust regulator gave the much-awaited green [...]
SEOUL, Dec. 22 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Wednesday it has received approval from Chinese authorities for its takeover of Intel Corp.’s NAND memory chip business, clearing the final hurdle for the merger process. SK hynix received “merger clearance from the Chinese antitrust authority, State Administration for Market Regulation, for [...]
SEOUL, Dec. 6 (Korea Bizwire) — South Korean retail investors have been snapping up shares of electric vehicle-themed exchange traded fund (ETF) while dumping shares of Samsung Electronics Co. and SK hynix Inc., data showed Sunday. The most-sold stocks by retail investors during the five weeks from Nov. 1 to Dec. 3 were the two [...]
SEOUL, Dec. 1 (Korea Bizwire) — A semiconductor industry tracker on Wednesday cut in half its growth projection of the global memory chip market next year. World Semiconductor Trade Statistics (WSTS), a nonprofit organization of chipmakers, forecast the memory market to expand 8.5 percent year-on-year to US$171.6 billion next year, down from a growth rate [...]
SEOUL, Nov. 26 (Korea Bizwire) — Concerns are growing that SK hynix Inc.’s plan to overhaul its Chinese factory with a cutting-edge chipmaking machine could be in jeopardy due to opposition from the United States. Earlier this week, U.S. Trade Representative (USTR) Katherine Tai effectively acknowledged that Washington had opposed such efforts by the South [...]
SEOUL, Nov. 22 (Korea Bizwire) — SK hynix CEO Lee Seok-hee said Monday that the company will respond “wisely” to the U.S.-China trade tension that could cloud the chipmaker’s plan to upgrade its Chinese plant. “The fourth-generation DRAM chips have been produced in South Korea since July and it is still a long way to [...]
SEOUL, Nov. 18 (Korea Bizwire) — SK hynix Inc., a major South Korean memory chip maker, said Thursday that it will flexibly operate its Chinese plant as its plan to overhaul the facility could be jeopardized amid the escalating tech tussle between the United States and China. “We have nothing to say on the matter. [...]
SEOUL, Nov. 10 (Korea Bizwire) — SK hynix Inc., a major global memory chip supplier, distanced itself from the on-going chip shortages that have snarled production of cars and consumer electronic products around the globe, a report filed with the United States showed Wednesday. “Memory products have not been a source of chip shortages to [...]
SEOUL, Nov. 9 (Korea Bizwire) — Samsung Electronics Co. and SK hynix Inc. on Tuesday submitted information on their chip businesses to the United States but withheld some key data considered trade secrets in an apparent delicate balancing act. The two South Korean chipmakers made the filings about two months after the U.S. Department of [...]
SEOUL, Nov. 5 (Korea Bizwire) — The global DRAM market for 2022 is expected to log similar yearly sales on solid demand despite falling prices, a recent report has said. Market researcher TrendForce said in its latest report released Thursday DRAM sales are expected to grow 0.3 percent to reach US$91.54 billion next year. DRAM [...]