Korea


2024-07-02

[News] Robust Demand in AI Drives South Korea’s Chip Exports in June to Record High

On July 1st, according to a report from Reuters, the South Korea's Ministry of Trade, Industry and Energy has announced that exports had grown for the ninth consecutive month in June. The sustained and even increasing demand for chips overseas led to a record high in chip export value for June. Thi...

2024-07-01

[News] SK Hynix to Invest USD 75 Billion in AI Push, with 80% of It Flooding into HBM

On June 30, South Korea's SK Group announced that its chip manufacturer, SK Hynix, will invest KRW 103 trillion (approximately USD 75 billion) by 2028 to enhance its chip business, with a particular focus on AI development. According to a report from Commercial Times, SK Group recently concluded ...

2024-06-28

[News] Samsung Reportedly Seeks USD 3.6 Billion Loan from State-Run Bank for Chip Investment

According to a report from Korean media outlet Korea Economic Daily (KED), South Korean tech giant Samsung Electronics is looking to borrow up to KRW 5 trillion (approximately USD 3.6 billion) from the state-run Korea Development Bank (KDB) to finance its expansion of chip production facilities both...

2024-05-29

[News] South Korean Media Suggests AMD Could Become Samsung’s 3nm GAA Process Customer

According to a report on May 29th from The Korea Economic Daily, it has speculated that AMD is likely to become a customer of Samsung Electronics' 3nm GAA process. Reportedly, during AMD CEO Lisa Su's appearance at the 2024 ITF World, which was hosted by the Belgian microelectronics research center...

2024-05-27

[News] A Subsidy Wave Sweeping in the US, Europe and Japan amid the Cut-Throat Chip Competition

According to Bloomberg, mega economies like the US and the EU have invested tens of billions of dollars in the research and mass production of next-generation semiconductors, and notably, this is only the initial amount of funding already received. Meanwhile, South Korea and Japan have also joine...

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