Korea’s chip exports to top $100 bn in 2021, second-best performance ever

South Korea’s semiconductor exports are expected to top $100 billion this year, led by rising demand for DRAM and system chips.According to th...

Doosan Heavy clinches $562 mn Guam power plant deal

  Doosan Heavy Industries & Construction Co. has clinched an order to build a combined cycle power plant in Guam from a consortium of Kore...

Finhaven to launch world's first blockchain-powered exchange

Canada-based fintech startup Finhaven is set to launch Finhaven Private Markets, the world's first blockchain-powered securities exchange using digi...

Samsung clinches 2nd deal to make Nvidia’s latest gaming chips

Samsung Electronics Co. will manufacture Nvidia Corp.’s latest gaming chips in the second such contract of the year from the US chipmaker, as ...

LG Chem to power Wuxi plant with renewable energy bought from China

South Korea's LG Chem Ltd. says it will power its battery component plant in China with renewable energy as part of its goal to be carbon neutral by...

NAND competition heats up as SK Hynix unveils 176-layer flash memory

SK Hynix Inc. has developed 176-layer NAND flash memory, the industry’s highest-density chip, following in the footsteps of Micron Technology ...

From used coffee grounds to tasty rice chips

A single cup of americano produces 14 grams of used coffee grounds. Only 0.2% of a coffee bean is used to extract coffee while the remaining 99.8% b...

Samsung foundry ramps up chip packaging to compete against TSMC

The battleground for global foundry leaders – Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co. (TSMC) – is shifting fr...

Fadu, Mobilint emerge as S.Korea's system chip startup dark horses

South Korea's two semiconductor startups, Fadu Inc. and Mobilint, have emerged as the country's system chip industry dark horses as their competitiv...

S-Oil says at least 20 more years to go for oil-powered cars

The penetration of electric and hydrogen-powered vehicles into the transportation industry will unlikely become a major threat to refiners over the ne...

SK Hynix’s 2020 non-memory chip sales seen to hit record high

SK Hynix Inc. is on track to record its highest sales from its non-memory chip business this year after the world’s second-largest DRAM memory c...

Samsung to supply mobile chips to Xiaomi, Oppo; to rank 3rd in AP market

Samsung Electronics Co. is expected to supply its Exynos mobile processor chips to China’s two leading handset makers, Xiaomi and Oppo, next yea...

SK Hynix and other affiliates to become 100% powered by renewable energy

South Korea's SK Holdings Co., along with seven of its affiliates have submitted applications to join RE100, a global coalition of multinational compa...

AI chip market heats up, to tip over $100 bn in deals

The global semiconductor industry has been swamped with a series of massive deals this year, likely to tip over $100 billion in deal volume as compani...

IMM PE seeks to exit Korean power cable maker

IMM Private Equity has put a majority stake in South Korea’s Taihan Electric Wire Co. up for sale to exit its investment of close to $300 mill...

Samsung beats TSMC to win new Qualcomm order to make mobile chips

Samsung Electronics Co. has clinched a deal with Qualcomm Technologies Inc. to manufacture 5G-capable mobile application processors designed for mid-r...

KEPCO set to finance $190 mn for Vietnam’s coal power plant project

Korea Electric Power Corp. (KEPCO) will move forward with its participation in Vietnam’s coal-fired power plant project, after the deal came c...

Samsung to make new Qualcomm chips for 5G smartphones with 5nm technology

Samsung Electronics Co. has secured a deal to manufacture Qualcomm Technologies Inc.’s new mobile application processor for 5G smartphones, the ...

Hana Financial to fund Australia solar power project with $146 mn senior debts

Hana Financial Investment Co. Ltd. has secured A$200 million ($146 million) in senior loans to finance A$320 million solar power project in Australia ...

Samsung to make Nvidia’s latest gaming chips in stepped-up foundry business

Samsung Electronics Co. will manufacture Nvidia Corp.’s latest gaming chips as the South Korean tech giant aims to expand its presence in the fo...

Hanwha Q Cells secures 315MW solar power, energy storage project in Portugal

Hanwha Q Cells Co. has secured the right to generate half of the 700-megawatt power capacity put up for auction in Portugal, becoming the first compan...

Hyundai Heavy world's first in LNG-powered container launch

South Korean shipbuilding giant Hyundai Heavy Industries Co. has launched the world’s first Very Large Container Ship (VLCS) powered by liquefie...

Samsung, SK Hynix brace for chip price falls on upgrades

Oversupply and higher inventories of memory chips have clouded the business outlook for chipmakers, including Samsung Electronics Co. Ltd. and SK Hyni...

SK Hynix joins in $60 mn funding for US chip design startup SiFive

SK Hynix Inc. has recently participated in a $60 million funding for the US semiconductor startup SiFive, SK Hynix said on August 12.Saudi Aramco and ...

Korea’s reliance on semiconductor chips increases economic vulnerability: FKI

South Korea’s heavy dependence on semiconductor chips and its concentration on the US and China for exports pose a greater risk to the export-or...

Samsung inches closer to Intel as chip market posts Q2 growth despite pandemic

Samsung Electronics Co. is seen narrowing its chip business revenue with Intel Corp. as the global semiconductor market continues to grow despite the ...

AI chip venture set to challenge Nvidia, Intel, Google

Back in 2017, the idea of launching a startup to make artificial intelligence (AI) semiconductors prompted many blank stares. It was a fight that coul...

[Interview] IFM Investors upbeat on renewables; wary of power generators

Renewable energy sectors in North America, western Europe and Australia will continue to create attractive investment opportunities, whereas regulator...

GS EPS-Mirae Asset consortium buys 10% stake in US gas power plant

A consortium of South Korean power producer GS EPS Co. Ltd. and Mirae Asset Daewoo Co. Ltd. has agreed to buy a 10% stake in a New Jersey-based gas po...

KB Asset to extend $30 mn credit on Peru power transmission line

KB Asset Management Co. Ltd. has participated in a $170 million refinancing package of a power transmission line in Peru by providing a $30 million se...