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Korean Chipmakers to Benefit from U.S. Restrictions on China’s SMIC

Korean Chipmakers to Benefit from U.S. Restrictions on China’s SMIC

SEOUL, Oct. 3 (Korea Bizwire) — South Korea’s chipmakers are expected to benefit from the United States’ export restrictions against China’s leading foundry firm, Semiconductor Manufacturing International Corporation (SMIC), analysts here said Saturday, as the ban could give them more opportunities to secure orders. The U.S. Commerce Department recently added SMIC to its blacklist, saying [...]

China’s SMIC Eyes S. Korea’s Dongbu HiTek

China’s SMIC Eyes S. Korea’s Dongbu HiTek

SEOUL, Feb. 23 (Korea Bizwire) — China-based Semiconductor Manufacturing International Corp. (SMIC) is seeking to buy South Korea’s only foundry chipmaker Dongbu HiTek Co., industry sources said Monday, a move that is expected to bring changes to the intensely competitive market. “Dongbu HiTek has not held an open bidding (since December), and is seeking a [...]