Tag: south korea

South Korean Chipmakers’ Capacity Expansion Plans Boost Equipment Suppliers’ Stocks

Samsung and SK hynix’s multi-billion-dollar memory chip production expansion plans drive shares of equipment suppliers higher.

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Samsung Commits to Developing 1.4-Nanometer Chip Technology by 2029

Samsung has renewed its dedication to advancing 1.4-nanometer semiconductor process technology, aiming for production readiness by 2029.

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Samsung and SK hynix to Invest Over $590 Billion in South Korean Memory Chip Manufacturing

Samsung and SK hynix plan to invest more than $590 billion in South Korea to boost memory chip production over the next decade.

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Samsung Accelerates Expansion of Largest Memory Production Complex, Doubling Capacity

Samsung speeds up construction of its massive memory production complex in Pyeongtaek, aiming to double overall manufacturing capacity.

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SK hynix Surpasses Samsung Electronics as South Korea’s Most Valuable Company Amid AI-Driven Market Shift

SK hynix has overtaken Samsung Electronics to become South Korea’s most valuable publicly traded company, driven by growth in the AI chip market.

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Massive Bonuses at SK Hynix and Samsung Raise Inflation Concerns in South Korea

Large employee bonuses at SK Hynix and Samsung may drive wage inflation, posing economic challenges in South Korea, warns the Bank of Korea.

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South Korean Researchers Convert Wet Spent Coffee Grounds into High-Grade Biofuel in 90 Seconds

Scientists in South Korea developed a method to transform wet spent coffee grounds into high-energy biochar within 90 seconds, bypassing costly drying.

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Intel Hires Former SK Hynix Leader as Executive VP to Advance Foundry Operations

Intel appoints former SK hynix head as Executive VP to enhance chip packaging and foundry technology development.

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Rising Wealth of Samsung and SK hynix Employees Drives Up Housing Prices Near Factories

Growing income among Samsung and SK hynix memory chip workers leads to higher real estate prices in South Korean cities near their factories.

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Concrete Mixer Driver Strike Threatens Samsung and SK hynix Chip Factory Expansions

A strike by concrete mixer drivers may delay chip factory expansions at Samsung and SK hynix amid rising AI demand and industry bottlenecks.

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Nvidia CEO Encourages Investors to Seize Opportunities Amid Stock Market Dip

Nvidia CEO Jensen Huang urges investors to consider buying shares during current market declines, highlighting long-term growth potential.

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Fluoride Gas Leak Prompts Evacuation at SK hynix Memory Chip Factory

A fire at SK hynix’s Cheongju plant led to a hydrofluoric acid leak and evacuation of 3,600 staff, with production unaffected.

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