South Korean chipmaker SK hynix has signed an agreement with Jiangsu Province’s Wuxi New Area – formerly Wuxi National Hi-tech Industrial Development Zone – to invest 2 billion yuan (KRW 340 billion) on jointly creating an industrial cluster specializing in semiconductor development, according to Ch

The fixed trading prices of DDR4 1Gb 2133MHz prices rose 1.07% on-month to USD 2.84 in January, indicating a gradual increase in DRAM prices, helped by a limited increase in supplies by memory chip makers, according to DRAMeXchange on Jan. 31.This marks the first price rise in more than a year since

Roh Tae-moon has been named as the new head of Samsung Electronics mobile division in a move signaling that the South Korean tech giant may work to push out more China-based ODM smartphones into the market.According to an executive-level reshuffling announced by Samsung Electronics on Jan. 20, a tot

In 2019, Huawei sold a total of 6.9 million 5G-enabled smartphones, according to the company on Jan. 15.The figure was slightly bigger than the 6.7 million that Samsung Electronics earlier revealed as the number of 5G handsets it sold during the like period.Included in the 5G smartphones sold by Hua

“Artificial intelligence should be applied not only to raise profit, but also to solve social problems so that it can contribute to keeping a balance between economic and social values,” said SK Group Chairman Chey Tae-won at a conference on scientific innovation held at the Chey Institute for Advan

Kolon Industries on Dec. 24 displayed new components for hydrogen-fueled cars at the ground-breaking ceremony of the Hydrogen Energy Network’s hydrogen charging station in Sejong Government Complex in a move indicating its expansion into the sector.Hydrogen Energy Network is a special purpose compan

Korea PI Holdings – a special purpose company set up by local private equity fund Glenwood PE – signed a 608 billion won (US$523 million) deal on Dec.24 to acquire a controlling stake in SKC Kolon PI.Korea PI Holdings will buy 54.06-percent stake in SKC Kolon PI, with each buying a 27.03-percent sta

The global wireless earphone market is forecast to grow 90% in 2020 to around 230 million units, according to market research firm CounterPoint Research on Dec. 6.“The recent growth in the wireless earphone market closely resembles that of the smartphone market 10 years ago when the market grew 80%

SK hynix, the world’s No.2 memory chipmaker, on Dec. 5 said it has undergone its regular executive reshuffling that involved promoting Jin kyo-won, vice chief executive at the DRAM development division, to the new head for development and manufacturing.The firm’s vice chief for global business at SK

LG Electronics on Nov. 28 underwent a reshuffling for the new year that included naming Kwon Bong-suk as CEO and promoting a total of 49 employees.The key point was replacing the current chief executive with Kwon based on the conviction that it was time for a change to make fast, strategic decisions

Samsung Display will be selecting the ink-jet printing equipment provider for the world’s first QD display color filter in December, according to industry sources on Nov. 26The top two competitors are US-based Kateeva that is a leading the market for small-sized OLED TFE ink-jet printing equipment a

Samsung Electronics had the biggest 21% market share in the global market in the third quarter of this year, according to market research firm CounterPoint Research on Nov. 26.Samsung took first place in 71 countries across the world, including South Korea, Brazil, Mexico and Indonesia where the And

As a part of a strategy to attain a minimum sentence, Samsung Electronics Vice Chairman Lee Jae-yong said in his trial on Nov. 22 that impeached president Park Geun-hye demanded the bribes the authorities are accusing Lee of offering.Lee also asked CJ Group Chairman Sohn Kyung-shik to appear as a wi

“My hope is for us to promote mutual growth with society and the country, which was what the founding fathers of Samsung pursued,” Samsung Electronics Vice Chairman Lee Jae-yong told a group of the tech company’s top executives on Nov. 19 at an ceremony commemorating the 32nd anniversary of the deat

LG Chem on Nov. 14 said it has requested the US International Trade Commission to make a default judgement against SK Innovation for destroying evidence and failing to comply with the commission’s digital forensics orders, which indicates contempt of court.SK Innovation, on the other hand, said the

A year ago, The Elec was born as an online news platforms focused exclusively on electronic component manufacturing. Despite South Korea’s global prowess in the areas of semiconductors, displays, batteries and other electronic components, we have lacked expert media coverage.The Elec was created to

South Korea's LG Electronics said on Nov. 5 that it has filed a patent infringement lawsuit against Chinese TV maker Hisense at a court in California, US.“We decided to go ahead with the lawsuit after Hisense ignored both our warnings and requests to stop the violation and come to the table,” said a

The South Korean government and top semiconductor manufacturers in Korea agreed on Oct. 24 during a ceremony celebrating the 12th Semiconductor Day to create a 100 billion won fund for fostering fabless chip companies.Samsung Electronics’ CEO Jung Eun-seung, SK hynix CEO Lee Seok-hee and Korea Growt

SK hynix said on Oct. 24 that it would ‘significantly’ cut investment in facilities next year. Industry watchers say this appears to be an indication that the cold spell among suppliers will continue to next year.“Our capex investment will go down significantly next year from this year as we assume

DuPont Korea CEO CEO Kang Sang-ho has been appointed to concurrently head the group’s global semiconductor business, DuPont Electronics & Imaging, the company said on Oct. 1.DuPont’s chip business is aimed at taking the lead in the global IC material market. As the head of the firm’s worldwide chip