Samsung, SK Hynix expect high 2024 profits as memory market returns

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, expect to post decent chip profits next year as DRAM pri...

SK Hynix bets on DRAM upturn with $7.6 bn spending; HBM in focus

SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., is significantly increasing its capital spending on ...

SK Hynix logs loss for 3rd straight quarter in Q2 but eyes recovery in H2

SK Hynix Inc. reported an operating loss in the second quarter of this year, extending its losing streak to three consecutive quarters and inflating...

Samsung rolls out industry’s finest 12 nm DDR5 DRAM chips

Samsung Electronics Co. has begun mass production of 16 gigabit DDR5 DRAM chips, using the industry’s finest 12-nanometer process node, furthe...

Samsung prepares for DRAM upturn with bold investment even after chip output cut

Samsung Electronics Co. has joined its peers in cutting memory chip production on its chip division’s anticipated first loss in more than a de...

SK Hynix bets on 2025 memory upturn with $11 billion new plant

SK Hynix Inc., the world’s second-largest memory chipmaker, will spend 15 trillion won ($11 billion) over the next five years to build a new m...

Automobile, chemical, refinery lead manufacturing sector revival 

South Korea’s manufacturing sector saw an unexpected revival during the economic downturn caused by the COVID-19 pandemic. Last year, 23 ...