Intel to invest up to $95 billion in European chipmaking amid US expansion

Intel Corp. plans to build new chipmaking facilities in Europe valued at up to $95 billion, responding to a cross-border race to add manufacturing c...

Samsung to invest $200 bn over next 3 yrs, including M&As

Samsung Group will invest a combined 240 trillion won ($206 billion) over the next three years in its core businesses such as semiconductor, display...

Carmaker stocks hit speed bump of chip shortage, Delta variant

Shares in global carmakers such as Hyundai Motor Co. and Toyota Motor Corp. are tumbling. The automotive chip shortage is expected to deteriorate fu...

Luxury imported car sales growth at 5-yr high in S.Korea

Mercedes-Benz, BMW and Porsche have driven the double-digit growth of imported car sales in South Korea in the first seven months of this year, with...

Samsung unveils industry’s first 5 nm processor for wearable devices

Samsung Electronics Co. has unveiled a new Exynos processor for wearable devices, built with an advanced 5-nanometer extreme ultra-violet (EUV) proc...

Carmakers log strong profits despite chip shortage

Global carmakers such as Stellantis N.V., BMW, Ford Motor Co. and Hyundai Motor Group surprised investors with strong earnings despite the automotiv...

Korea July exports hit record on strong chip, auto demand

South Korea’s exports hit a record high in July on strong shipments of both main products such as cars and chips, as well as new growth ones i...

Chip supercycle view revives with DRAM, NAND prices at multi-year highs

The contract prices of memory chip prices are hovering around multi-year high levels, fanning the view that the global semiconductor market is enter...

Korea's sole AI chip designer takes on automotive chip market

South Korea-based semiconductor intellectual property provider Openedges Technology Inc. has come into the limelight with global automaker Hyundai M...

Samsung further cornered by Intel's foundry ambitions

Intel Corp.'s announcement on Monday of securing Qualcomm Inc. as its first fabless client caught Samsung Electronics Co. off guard, as the South Ko...

SK Hynix sees robust chip demand for rest of year after strong Q2 sales

SK Hynix Inc., the world’s second-largest memory chipmaker, on Tuesday posted its highest quarterly profit and sales in nearly three years on ...

Shares of parts makers outshine chips, display giants

Shares of South Korean semiconductor and display parts makers have stolen the spotlight from their key customers like Samsung Electronics Co. and SK...

Hyundai Motor, Kia post strong Q2 profits; Chip shortage dims outlook

Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, on Thursday posted strong second-quarter earnings, driven by pricey spo...

NPS to raise exposure to Kosdaq-listed blue chips

The National Pension Service (NPS) will raise exposure to up-and-coming biopharmaceutical, electric vehicle parts, entertainment and gaming companie...

Hana Alternative logs over 9% return on US residential project

South Korea's Hana Alternative Assets Management Co. is estimated to have achieved an annualized return of 9.83% from the $51.5 million mezzanine lo...

Top industry talents launch AI chip startup; market takes note

South Korea-based artificial intelligence (AI) startup Rebellions Inc. is drawing industry attention as AI chips become mainstays of the semiconduct...

Memory chip supercycle cools as demand declines

A global memory chip supercycle is taking a breather with weakening growth in DRAM chip prices, halting bullish momentum in shares of Samsung Electr...

SK Hynix joins Micron in 4th-gen 10nm DRAM production

SK Hynix Inc. has kicked off mass production of its 8 Gigabit (Gb) LPDDR4 mobile DRAM chips based on the 1a nanometer (1anm) node, according to the ...

Samsung Elec's Q2 operating profit beats forecast on strong chip business

Samsung Electronics Co. said its operating profit in the second quarter likely surged more than 50%, beating market expectations, thanks to its heal...

SK Siltron to ramp up wafer production from 2022

SK Group’s silicon wafer affiliate SK Siltron Co. is planning to expand wafer production facilities amid growing demand from the global chip m...

DB HiTek in quandary over foundry ramp-up amid chip supercycle

DB HiTek Co., one of South Korea’s leading foundry chipmakers, is enjoying the current market boom, which is forcing makers of cars and electr...

Samsung’s new 5G multi-chip combines DRAM, NAND into one package

Samsung Electronics Co. has unveiled a new multi-chip that integrates high-performance DRAM and NAND flash memory chips into a single compact packag...

Hyundai Motor, Kia overtake Ford in US auto sales in May

Hyundai Motor Co. and Kia Corp., the two automaking units of South Korea’s Hyundai Motor Group, in May sold more cars in the US than Ford Moto...

Memory leader Samsung aims to strengthen system chips, foundry

Samsung Electronics Co. is forecast to keep its memory leadership amid growing competition, although the South Korean tech giant has some catching u...

Chip shortage hits Korea’s COVID-19 diagnostic device manufacturers

The global chip shortage is impacting South Korea’s COVID-19 test device makers. They are paying up to 10 times the normal price of semiconduc...

Taiwanese fabless firms outwit Korean rivals in chip supercycle

Taiwanese fabless semiconductor firms, with backing from their hometown foundry companies, are reaping the benefits of higher chip prices and soarin...

Samsung returns as foreigners’ top pick; Kospi just shy of record high

Samsung Electronics Co., the bellwether of South Korea’s main bourse, has returned as the market darling, with foreigners buying heavily on th...

Chips, autos set S.Korea’s May export growth at fastest pace in 32 years

South Korea’s exports surged to the highest level in over 32 years in May on the back of strong demand for semiconductors and automobiles, rei...

AI chip startup FuriosaAI wraps up $70 mn Series B round

South Korea-based artificial intelligence startup FuriosaAI has recently wrapped up an 80 billion won ($72.1 million) Series B round, attracting inv...

Global automakers accelerate EV push as chip shortage eases

Global auto companies are moving forward with their electric vehicle (EV) and other future mobility initiatives as the global semiconductor shortage...