SK hynix said that it will continue operating its China facilities to support growing demand for legacy DRAM amid geopolitical tensions, after posting record-high quarterly earnings fueled by global demand for high bandwidth memory (HBM).
Samsung Electronics shed additional shares of ASML as part of its efforts to rack up billions of dollars for future investment in chips, bracing for an expected industry upturn.
Korea's industrial output fell in May following a rebound a month earlier despite growth in the chip sector, as automotive production, as well as retail sales and facility investment, slumped on month.
SK hynix on Thursday reported its second-quarter net profit of 6.99 trillion won ($5.1 billion), up 69.8 percent from a year earlier.
Krafton CEO Kim Chang-han met with Nvidia CEO Jensen Huang at the chip giant’s headquarters in California on Thursday and discussed strengthening collaboration in gaming and AI, the Korean game publisher said Friday.
Nvidia’s sales of the computing chips powering the artificial intelligence craze surged beyond the lofty bar set by stock market analysts in a performance that may ease recent jitters about a Big Tech boom turning into a bust.
Korea's ICT minister will visit the United States to discuss GPU cooperation with Nvidia, backed by a $1.03 billion budget for advanced AI development.
President Lee Jae Myung said he expects that SK hynix and Samsung Electronics supplying memory chips for OpenAI’s artificial intelligence (AI) data center initiative will be a “winning” partnership, as he met with the leaders of the companies.
SK Group Chairman Chey Tae-won urged affiliate heads to think creatively in order to create a more sustainable future for the corporation.
June logged export growth for the ninth consecutive month as chips and auto shipments drove a record in export volume for the first half of the year.
Samsung Electronics is no longer the most desirable workplace for Korean university students — the crown has been passed to SK hynix, with university students citing compensation.
Nvidia CEO Jensen Huang said Friday that the U.S. chipmaker intends to remain a long-term partner of Korean semiconductor giants Samsung Electronics and SK hynix, praising Korea’s leadership in memory technology.
SK hynix posted an operating profit of 11.38 trillion won ($8 billion) in the third quarter of this year, up 61.9 percent year-on-year, the company said in a regulatory filing Wednesday.
The electronics behemoth announced the name of its AI inference chip for the first time at a shareholders' meeting, where CEO Kim Kye-hyun sought to quell investor concerns.
A Korean game publisher and two industry associations have filed a class action lawsuit against Google in a U.S. federal court, accusing the tech giant of monopolistic practices and excessive in-app payment fees.
Korea's exports to the US surpassed those to China in 2023. Total exports fell 7.4 percent due to chip performance and global economic uncertainties, while solid automobile exports and semiconductor recovery countered some losses.
In the early 2000s, Hynix was a company on the brink. Employees removed fluorescent bulbs to cut electricity bills. They were told to carry handkerchiefs to reduce napkin use. For workers, it felt like a place collapsing under austerity.
The United States is overhauling its semiconductor export control policy on AI chips, with U.S. President Donald Trump dismantling his predecessor’s tiered approach and using AI chips as bargaining tools in foreign investment talks.
Buoyed by record semiconductor exports at SK hynix, SK Group is expected to post more than 120 trillion won in exports in 2025, the first time the conglomerate will cross the mark.
Samsung Electronics CEO Kyung Kye-hyun remarked on social media that demand for the upcoming Mach-1 chip justifies more rapid development of the second generation.