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October 13, 2022
Korean chipmakers given 1-year grace period on US chip exports curb on China
... needed for development and production of DRAM semiconductors in Chinese facilities without additional licensing requirements,” the company said in a statement. The same waiver will be applied to Samsung Electronics, SK hynix's hometown chipmaking rival, which also runs a ch...
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October 12, 2022
SK Siltron, UK-based IQE to develop semiconductor wafers for 5G, auto chips
...s communications market, whereas the silicon wafers will be applied to electric cars, smart devices and fifth-generation network infrastructure like massive Multiple Input Multiple Output base stations. SK Siltron is Korea's only silicon wafer manufacturer that supplies chip substrates to domest...
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October 10, 2022
US chip export curbs won't likely hurt Samsung, SK hynix: lawmaker
...trial Economics and Trade. SK hynix said in a statement the company "is ready to make its utmost efforts" to get the US government’s license and vowed to work with the Korean government and keep the operation of chip plants in China undisturbed, while still complying with the international orde...
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October 05, 2022
Samsung aims to produce 1.4nm chips from 2027
Samsung Electronics unveiled a five-year road map for its contract chipmaking business Monday, saying it would start producing chips using the 2-nanometer technology in 2025 and the 1.4-nanometer tec... than 60 percent of the market, while Samsung owns some 15 percent....
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October 04, 2022
All eyes on SoftBank chief’s Seoul visit on Arm deal
SoftBank Group Corp. CEO Masayoshi Son arrived in Seoul on Saturday to meet business leaders, including Samsung Electronics Vice Chairman Lee Jae-yong, on a possible deal involving UK chip designer Arm. His visit comes after the Samsung chief hinted at their planned m...
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September 30, 2022
Chip wafer maker SK Siltron to invest W2.3tr by 2026
...hips. The company will also consider additional spending of 400 billion won depending on market conditions. This is in addition to a 1.05 trillion won spending plan unveiled by wafer supplier for Samsung Electronics and SK hynix in March at the same location. The decision co...
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September 29, 2022
[Herald Interview] Why Korean chip engineers should watch next-gen standard
... Peripheral Component Interconnect Special Interest Group, a chip industry association that advocates PCI Express standard, in an interview with The Korea Herald. South Korean powerhouses such as Samsung Electronics and SK hynix -- both of which are PCI-SIG members -- are no ...
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September 29, 2022
Samsung’s SmartThings devices exceed 10 million units
Samsung Electronics’ smart home platform SmartThings has hit the 10 million mark in connecting devices and home appliances around the world as of Sept. 12, the South Korean tech giant said Wednesday. Launched in 2018, the app aims to connect small and larger appliances from re...
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September 28, 2022
'Memory downcycle could last until 2025'
...gh the rebound in consumer demand is on track, the increasing supply will dampen the memory downcycle, affecting the industry largely dominated by a handful of players including South Korean firms Samsung Electronics and SK hynix. The increase in capacity with new fabs waitin...
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September 27, 2022
Seoul braces for energy crisis this winter
... consumption last year was for industrial use, over 60 percent of which was consumed by the country’s 30 largest companies. The government is set to sign a deal with those 30 companies, including Samsung Electronics, SK hynix and Posco next month to make them use energy more...
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September 26, 2022
Decoding Lee Jae-yong's fandom
...o return to the boardroom, two years after his father's death. Lee's public appearance in major Samsung locations at home and abroad -- including at chip plants, construction sites and offices -- hav...aising speculations that he might soon be promoted to chairman as early as November,...
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September 25, 2022
Collaboration with fashion designers growing trend in manufacturing
Product collaborations with fashion brands continue to be popular in the local manufacturing industry, with a growing number of consumers looking to own unique items. Samsung Electronics, the country’s tech giant, said Friday it has launched a limited edition of Galaxy Z Flip ...
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September 25, 2022
[Market Eye] Can Arm stake deal spur Samsung's breakthrough?
Samsung Electronics Vice Chairman Lee Jae-yong's planned meeting next month with SoftBank founder Masayoshi Son raises the expectation that the South Korean tech giant could find a breakthrough with a new round of investment for future growth in the field of semiconductors. On ...
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September 22, 2022
Samsung's Lee to meet SoftBank's Masayoshi Son possibly over Arm deal
Samsung Electronics Vice Chairman Lee Jae-yong said Wednesday that he plans to meet SoftBank founder Masayoshi Son next month as the Japansese tycoon visits Seoul. "Next month, Son is expected to vi... that had incurred losses to Samsung C&T shareholders and opened th...
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September 21, 2022
Portion of renewables in Korea's power generation tops 20% for 1st time
...s have raised concerns that local enterprises would have difficulty fulfilling the RE100 target, under which they will use 100 percent renewable energy without resorting to fossil fuels, by 2050. Samsung Electronics and many others, including some public firms, have joined th...
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September 20, 2022
Memory chip downtrend haunts Samsung, SK hynix
South Korean semiconductor stocks are treading on a bumpy road as slowing orders in the chip industry plaguing memory powerhouses Samsung Electronics and SK hynix have dampened prospects. Since January, Samsung Electronics' share price has fallen nearly 30 p...
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September 19, 2022
Samsung chip plants look to stamp out carbon footprint
Such abatement technologies are a core part of Samsung Electronics' renewed green commitment under the "New Environmental Strategy" unveiled Thursday, aimed at fully transitioning to renewable energy and achieving net-zero emissions. Samsung has pledged a 7 trillion w...
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September 16, 2022
Samsung Electronics targets zero-carbon transition by 2050
Samsung Electronics said Thursday it has joined the RE100 initiative to set net-zero targets by 2050 and ensure the full use of renewable energy, making a major shift in the IT devices manufacturing ... sent a letter demanding Samsung exit from coal and set more ambiti...
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September 15, 2022
Lee Jae-yong heads for Panama, first importer of Samsung's color TV
Samsung Electronics Vice Chairman Lee Jae-yong has visited Panama to hold talks with Panamanian President Laurentino Cortizo and meet Samsung executives there, the tech giant said Wednesday. The isthmus country, which connects Central and South America, was the first ...
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September 15, 2022
Korean won sinks to worst level since 2008 financial crisis
....12 points or 1.56 percent to 2,411.42 from Tuesday, prompted by a sell-off by foreign and institutional investors. Internet firms Naver and Kakao fell about 3 percent and 2 percent, respectively. Samsung Electronics, the world’s largest memory chipmaker, also dropped a littl...