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Tied to the Hip, Korean Tech Giant Samsung Falls with Apple
Both Apple and Samsung Electronics significantly lowered their performance forecast over concerns of world economy slowdown and China-US trade war. Samsung Electronics’ sales and operating profit in...
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Investors Shrug Off Korean Tech Semiconductor Scare and Invest more in SK Hynix
A top US asset management company, Capital Group, is steadily increasing its shares in SK Hynix, despite poor performance from the world’s lead semiconductor manufacturer, Samsung Electronics....
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FTC to Observe Qualcomm Over 5G Practices
Joh Sung-wook, Fair Trade Commission (FTC) Chairwoman, addressing the press during a conference held in Sejong, Thursday. / Photo courtesy of FTCJoh Sung-wook, Fair Trade Commission (FTC) Chairwoman,...
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MagnaChip Sells Foundry, Fab 4 to SK Hynix, SPC for 530 Bln Won
MagnaChip Semiconductor's Cheongju facility. / photo courtesy of MagnaChipMagnaChip Semiconductor's Cheongju facility. / photo courtesy of MagnaChipSouth Korean chipmaker MagnaChip Semiconductor...
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SK hynix to Apply KAIST’s AI-based Solutions to Chipmaking
Officials from SK hynix and KAIST on Tuesday signed an MOU through a video conference. / photo courtesy of SK hynixOfficials from SK hynix and KAIST on Tuesday signed an MOU through a video conference....
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Samsung to Construct Second EUV Foundry Line in Korea
Samsung Electronics said that it would construct a second EUV foundry production line, aiming to become the leading system-on-chip business worldwide by 2030. / photo courtesy of Samsung...
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SK hynix Creates 512 Gigabit 176-layer 4D NAND Flash Chip
SK hynix 512 Gb 176-layer 4D NAND flash chips / photo courtesy of SK hynixSK hynix 512 Gb 176-layer 4D NAND flash chips / photo courtesy of SK hynixSK hynix Inc. on Monday announced that it...
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GM Korea Cuts Down Production Due to Semiconductor Chip Shortage
GM Korea to cut down automobile production to 50 percent in Bupyeong 2 plant due to global shortage in semiconductor chips.GM Korea to cut down automobile production to 50 percent in Bupyeong 2 plant...
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SK Hynix to Expand Foundry Operations to Tackle Chip Shortage
SK Hynix considers investing more in chip foundry businesses to appease the increasing consumer electronics demand amid the ongoing global chip shortage. / photo courtesy of SK HynixSK Hynix considers...
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SK Hynix to Increase Memory Production Capital Expenditure
SK Hynix announced that it would increase its memory chip production capital expenditure in response to the market’s higher-than-anticipated memory demand.SK Hynix announced that it would increase its...
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Korea Advances US Semiconductor Sector with $40 Billion investment
Leading South Korean companies, Hyundai Motor, LG, Samsung, and SK Group, make significant investments to boost the US semiconductor and EV battery supply chains, strengthening economic...
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Chip shortage issue gets serious as it affects Hyundai investments
Hyundai Motor will reduce its investment in manufacturing due to a shortage of semiconductor supply, the Korean automaker announced on Tuesday. In a conference held for investors, Hyundai reported...
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Korea to expand bilateral ties with the U.S. to resolve semiconductor shortage
The U.S. and South Korea governments will be working together to stabilize the global supply-chain issue in the semiconductor industry. The issue was discussed on Thursday in a meeting conducted...
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Samsung beats Intel to become the largest semiconductor company
South Korean tech producer Samsung Electronics has outpaced semiconductor giant Intel to become the largest semiconductor company in the world. In 2021, Samsung made a $74.36 billion chip business as...
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KT Corporation to develop Korea’s Wifi AP Market via Intel MOU
Wireless carrier ST Corporation plans to pivot into Wi-Fi 7 technology with Intel, the US-based technology company. With ST’s new endeavours, the Korean Wi-Fi AP market will see new upgrades and...
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KAIST develops next generation AI accelerator processing-in-memory chip
The Korea Advanced Institute of Science and Technology (KAIST) has successfully created a processing-in-memory (PIM) chip called DynaPlasia, a PIM chip based on dynamic random access memory (DRAM). The...
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Samsung Electronics to nurture semiconductor talent via partnership with 3...
Samsung Electronics has announced its plan to raise semiconductor talent in South Korea. With its joint agreement with three regional universities, the tech giant Samsung is going to introduce an...
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South Korea keen to extra incentivise its chipmakers as Korea Chip Act passes
The South Korean national assembly passed the K-Chip bill on Thursday. With the chip bill in motion, the nation’s tech industries, particularly the semiconductor industry will get consolation from the...
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South Korea eyeing to power up the global supply chain of lithium and other...
South Korea dispatched a joint delegation to South American nations, Chile and Argentina on Monday. According to the South Korean government, the members of the delegation will access the possibilities...
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Semiconductor, automobile and other factory output goes up by 5.1 percent in...
South Korea’s factory output observed a 5.1 percent rise in March. Statistics Korea, the official statistics generator of South Korea, released data on Friday. The data showed automobile,...
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South Korea’s semiconductor exports sink by 36.2 percent in May
South Korea’s Ministry of Trade, Industry, and Energy (MOTIE) reported a continued decline in exports for the eighth consecutive month in May. Semiconductor exports saw a significant year-over-year...
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Korean Ministry of Science and ICT Announces $1 Billion Worth of Loans and...
The Ministry of Science and ICT announced a new loans and guarantees policy, worth $1 billion (1.3 trillion won) on Thursday. The new policy aims to promote the growth of businesses in the digital...
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Semiconductor Ecosystem Fund: South Korea Invests $229.25 Million to Support...
Ministry of Trade, Industry and Energy Ministry of Trade, Industry and EnergySouth Korea’s Ministry of Trade, Industry and Energy announced on Monday the establishment of a fund valued at 300 billion...
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Samsung Foundry Unveils Five-Year Plan: Accelerates Chip Innovation with...
Samsung Electronics Samsung ElectronicsSamsung Electronics has unveiled its latest chip advancements in the foundry business at the Samsung Foundry Forum (SFF) 2023. The event showcased Samsung’s...
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Lotte Group Expands into Silicon Anode Market with Enwires Investment
Lotte Group, a South Korean conglomerate, is expanding its presence in the anode material market following its recent acquisition of a company specializing in copper foil, a crucial component in...
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South Korea’s Plans Ultra-Low-Power AI Chips Target 10 Trillion Operations by...
South Korea is set to develop advanced artificial intelligence (AI) chips by 2030, designed to perform over 10 trillion operations per second while consuming minimal electricity. The government aims to...
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Relief for Semiconductor Giants: Samsung and SK Hynix Secure Indefinite...
Samsung Electronics and SK Hynix, the world’s top two memory chip manufacturers, have received an indefinite waiver allowing them to continue supplying semiconductor equipment to their factories in...
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Hyundai and Kia Forge Partnership with Infineon to Secure Power Semiconductor...
South Korea’s leading automotive manufacturers, Kia Corporation and Kia Corporation, have partnered with Infineon Technologies AG, Germany’s renowned automotive chipmaker. Officially sealed in Munich,...
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Challenging TSMC Dominance, Samsung Unveils SAINT for Compact AI Semiconductors
Samsung Electronics, the global leader in memory chip manufacturing, is gearing up to introduce a three-dimensional (3D) chip packaging technology in the coming year. By greatly reducing chip size,...
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South Korean President Yoon Suk Yeol Partnership with the Netherlands for...
South Korean President Yoon Suk Yeol is set to visit the Netherlands, the first visit by a South Korean leader since diplomatic ties were established in 1961. The visit is strategically focused on...
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OpenAI CEO Sam Altman Explores Semiconductor Collaboration with Samsung and...
OpenAI CEO Sam Altman is actively exploring opportunities in the semiconductor industry, with a visit to South Korea to engage with key players in the field. His agenda includes a tour of Samsung...
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South Korea’s Semiconductor Giants Lead Amidst Tech Sector Shifts: A Look...
The semiconductor industry holds paramount importance for South Korea for its technological prowess and economic vitality in the world. With key players like Samsung Electronics and SK Hynix South...
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TSMC, SK Hynix Team Up to Counter Samsung in AI Semiconductor Market
SK Hynix and Taiwan’s TSMC have formed an “AI semiconductor alliance” as a strategic move to enhance their collaboration in artificial intelligence (AI). The primary objective of this alliance is to...
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Samsung Secures $752 Million Contract with Naver for Mach-1 AI Accelerator Chips
Samsung Electronics has secured a contract with Naver to supply $752 million worth of its upcoming Mach-1 AI accelerator chips. With this agreement, both companies collaborate to strengthen their...
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South Korea Contemplates Subsidies to Attract Semiconductor Manufacturers
The government is contemplating offering subsidies to semiconductor manufacturers in South Korea. Furthermore, the government has extended tax deductions for key national technologies such as...
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Hanwha Aerospace Announces Spin-off of Non-military Businesses to Focus on...
Hanwha Aerospace, a major player in South Korea’s defense sector, has announced plans to spin off its semiconductor equipment and video surveillance businesses. With this, the company plans to separate...
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Samsung Electronics Set to Receive Billions in U.S. Subsidies for...
Samsung Electronics, a major player in the semiconductor industry, is expected to receive between $6 billion and $7 billion in subsidies from the U.S. government as it seeks to enhance its...
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