memory chip sales
Scope
Date
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Korean startups
S.Korean AI chip developer DeepX ready to take on Nvidia: CEO
Demand for artificial intelligence microprocessors is set to grow astronomically as electronics and cars are becoming smarter, said DeepX chief, add...
May 18, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's i-Sens buys US glucose-measuring device maker for $27 mn
South Korean maker of diabetes-related devices i-Sens Inc. on Wednesday announced its planned acquisition of AgaMatrix, an American manufacturer of ...
May 18, 2023 (Gmt+09:00)
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Korean chipmakers
Amkor to top semiconductor packaging sector with better tech
Amkor Technology Inc., the world’s No. 2 semiconductor packaging company, aims to take the sector throne by improving technology competitivene...
May 17, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix seeks to raise $373 million as chip recovery looms large
SK Hynix Inc., the world’s second-largest memory chipmaker, is seeking to raise as much as 500 billion won ($373 million) in bank loans to sec...
May 17, 2023 (Gmt+09:00)
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Regulations
Korea to require pre-disclosure of major shareholder stake sales
South Korea is set to require pre-disclosures of major shareholders’ listed company stake sales in an aim to prevent tumbles in stock prices.A...
May 17, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to invest $221 mn to build R&D chip line in Japan: Nikkei
Samsung Electronics Co. will build a prototype chip production facility in Japan for 30 billion yen ($221 million) to develop next-generation back-e...
May 15, 2023 (Gmt+09:00)
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Business & Politics
Samsung’s Jay Y. Lee, Tesla’s Elon Musk discuss tech alliance
Samsung Group leader Lee Jay-yong has met with Tesla Inc. Chief Executive Elon Musk to discuss a tech alliance between the two companies in a variet...
May 14, 2023 (Gmt+09:00)
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Artificial intelligence
Samsung, Naver to jointly develop generative AI to rival ChatGPT
South Korea’s two tech giants – Samsung Electronics Co. and Naver Corp. – have agreed to jointly develop a generative artificial i...
May 14, 2023 (Gmt+09:00)
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Earnings
Nexon beats major Korean rivals with China market, PC games
Gaming giant Nexon Co. is dwarfing major South Korean rivals thanks to its success in China and PC titles.Nexon, a South Korean-Japanese game publis...
May 12, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung develops 128GB DRAM for data intensive applications
Samsung Electronics Co. said on Friday it has developed the industry’s first 128-gigabyte DRAM based on the compute express link (CXL) 2.0 mem...
May 12, 2023 (Gmt+09:00)
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Economy
S.Korean growth outlook dims on increased trade deficit
South Korea’s exports are on course to drop for the eighth consecutive month as they declined in the first 10 days of May, data showed on Thur...
May 11, 2023 (Gmt+09:00)
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Business & Politics
US eyes new rules for Samsung, SK to bring chip machines to China
The US government is considering establishing new rules for South Korea’s chipmakers to import advanced equipment to China to upgrade their fa...
May 10, 2023 (Gmt+09:00)
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Airlines
S.Korea's leading low-cost carrier Jeju Air posts record-high Q1 results
South Korea's leading low-cost carrier (LCC) Jeju Air Co. posted record-high performance in the first quarter. Industry analysts say domestic LCCs w...
May 10, 2023 (Gmt+09:00)
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Labor union
Labor union threatens to shame Samsung Elec in show of brinkmanship
Samsung Electronics Co.'s biggest labor union under one of South Korea’s two major trade unions is objecting to the latest wage deal signed la...
May 09, 2023 (Gmt+09:00)
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Bio & Pharma
Huons sees tripling of lidocaine vial output in 3 years
South Korea’s Huons Co., an anesthetics vial producer, aims to triple its lidocaine output from 2026, targeting the US market, where it fills ...
May 09, 2023 (Gmt+09:00)
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Artificial intelligence
Virtual human YT debuts as SSG.COM’s shopping host
SSG.COM, the e-commerce brand of South Korean retail giant Shinsegae Inc., announced on Tuesday that virtual human YT has been named the official sh...
May 09, 2023 (Gmt+09:00)
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Steel
Hyundai Steel launches online mall Hcore Store
South Korea's Hyundai Steel on Tuesday said it launched the e-commerce platform Hcore Store on a pilot basis to boost domestic sales of steel materi...
May 09, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung to nurture biotech as next growth engine after chips: Lee
Samsung Group leader Lee Jae-yong, currently in the US, has vowed to make biotechnology the conglomerate’s second core strategic business afte...
May 08, 2023 (Gmt+09:00)
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Korean food
Samyang Foods aims to grow Buldak sauce into $75 mn brand
South Korea's Samyang Foods Co. announced on Monday that it will strengthen its sauce business centered around its popular Buldak (hot chicken flavo...
May 08, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor drives software unit's Q1 sales higher
Record-setting earnings at South Korea’s Hyundai Motor Group have driven its vehicle software platform’s sales sharply higher and painte...
May 08, 2023 (Gmt+09:00)
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Entertainment
BTS 10th anniversary stamps to be issued on June 13
South Korea's state-run postal service agency Korea Post announced on Sunday that it will issue commemorative stamps on June 13, featuring the past ...
May 08, 2023 (Gmt+09:00)
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Electronics
Samsung to unveil new foldables in July to boost Q3 profit
Samsung Electronics Co. is set to unveil fifth-generation of its foldable smartphones at the end of July, about two weeks earlier than it had showca...
May 05, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung Electronics to overtake TSMC within 5 years: chip president
DAEJEON – Samsung Electronics Co. will be able to overtake bigger foundry rival Taiwan Semiconductor Manufacturing Co. (TSMC) at the leading e...
May 04, 2023 (Gmt+09:00)
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Earnings
SK Innovation’s battery sales at record high, production yield improved
SK Innovation Co. said on Thursday its battery affiliate SK On Co. posted record quarterly sales following a facility ramp-up in the US to meet risi...
May 04, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia’s brisk April sales bode well for stellar Q2
The second-quarter earnings outlook for South Korea’s biggest automaker Hyundai Motor Co. and its sister company Kia Corp. looks rosy as eased...
May 03, 2023 (Gmt+09:00)
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Korean games
Simple, retro: Korean game sector’s new target for growth
Once-popular games for feature phones in the 2000s are seeing a revival in South Korea on the growing demand for simple and easy titles for smartpho...
May 02, 2023 (Gmt+09:00)
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Automobiles
Renault Korea Motors shuts down Busan plant for 10 days
Renault Korea this month will stop operating its Busan plant for about 10 days in a desperate bid to reduce inventory, which has soared due to plumm...
May 02, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung foundry backlogs top $74.6 bn for logic chip biz goal
Samsung Electronics Co., the world’s No. 2 foundry player, has secured contract semiconductor manufacturing order backlogs of more than 100 tr...
Apr 30, 2023 (Gmt+09:00)
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Electronics
S.Korea’s IT parts makers reeling from sluggish smartphone, TV sales performance
South Korea’s major information technology parts makers like Samsung Electro-Mechanics, LG Innotek and LG Display Co. suffered huge dr...
Apr 27, 2023 (Gmt+09:00)
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Earnings
Samsung bets on H2 recovery with heavy spending after record chip losses
Samsung Electronics Co. on Thursday reported its worst quarterly loss for its semiconductor business, but echoed the widely held industry view that ...
Apr 27, 2023 (Gmt+09:00)