As demand for semiconductors and mobile devices declines, Samsung has its lowest quarterly profit in 8 years.

Preliminary estimates show that as worldwide demand for memory chips and smartphones wanes due to high inflation and sluggish economy, Samsung Electronics' operating profit plunged 69% to $3.4 billion in the quarter ending in December, an eight-year low. Despite "continued external conce...

Toshiba plans to split into three listed firms

The Toshiba Corp, is planning to break up into three listed companies which will focus on memory chips, infrastructure and devices. This new plan is being carried out to improve the shareholder value and also encourage activist shareholders to exit.

Highlights

SK HYNIX’S PROJECT TO BUILD NEW SEMICONDUCTOR COMPLEX APPROVED

Highlights –

• SK Hynix’s project to build new semiconductor complex approved.
• The project is said to be of $106 billion and is a move to ease supply shortages.
• The company has completed all the necessary administrative procedures...

S. KOREA’S EXPORTS OF ICT PROUCTS INCREASE BY 11.5 PERCENT IN FEB. 2021

Highlights –

• S. Korea’s exports of ICT products increase by 11.5 percent in Feb. 2021.
• Strong overseas demand for chips and displays led to increasing in exports.
• Outbound shipment of chips advanced to $5.22 billion.
• ...

SK HYNIX ACES SEMICONDUCTOR RACE WITH 4D 176 LAYER NAND FLASH CHIPS

• SK Hynix announced Monday that it has popularized a 176-layer semiconductor further acing the race among NAND flash chip manufacturers.
• The company declared it has successfully developed 176-layer, 512 gigabyte, triple-level cell (TLC) 4D NAND flash chips, which comprise a much...

SAMSUNG ELECTRONICS GIVES DUE CREDIT TO MEMORY CHIPS BIZ FOR RESOUNDING PROFITS

• Despite the global fallout from the COVID-19 pandemic, Samsung Electronics enjoyed lavish returns in the year’s third quarter on the back of a feisty performance from its memory chip business.
• Although there was a slowdown in the average selling price (ASP) of such semico...

SAMSUNG DISPLAY RECEIVES ELUSIVE US NOD FOR PANEL SUPPLY TO HUAWEI

• Samsung Display Co., a prominent display panel maker in South Korea, has received the elusive nod from the US government to supply certain display products to Huawei Technologies Co.
• This was revealed by sources here Tuesday, amid Washington's trade sanctions against the Ch...

SK HYNIX AND SAMSUNG EXCLUDED FROM MEMORY CHIP SUPPLIES TO HUAWEI

• Korean technology companies are staring at an impending sales decline in the fourth quarter bracing for possible sales declines in the fourth quarter, as the United States is set to cut off China’s tech giant Huawei from various chip supplies starting Tuesday.
• The semicon...

CXMT LANDS A WINNER AS CHINA’S SOLITARY MEMORY CHIP MAKER

• Changxin Memory Technologies (CXMT) is the first company in China to come out with a DRAM chip making China self-sufficient.
• The company is pitted against Samsung, Hynix and Micron, the world’s largest three chip makers making D-RAM Chips which is central to most computin...

HUAWEI DEMAND STABLE SUPPLY OF CHIPS MANUFACTURED BY SAMSUNG AND HYNIX

Highlights

• Huawei spends $8.1 billion annually towards the purchase of DRAM and NAND flash memory chips

• Samsung and SK Hynix together supply more than 70 percent of the DRAM chips worldwide

According to the sources, amid pressure from the U.S. in order ...