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NEWS TAGGED SOUTH KOREA
Tuesday 9 August 2022
South Korea enters 'Chips 4' preliminary meetings, but not without conditions
After weeks of ambiguity, South Korea has taken further steps toward the US-initiated "Chip 4," informing Washington its decision to join the preliminary meeting of the alliance due...
Tuesday 9 August 2022
SK IE Technology collaborates with Vingroup to supply EV battery material
SK IE Technology Co. (SKIET), a company under SK group and in the business of electronics materials, announced on August 5, 2022, that it has signed a deal with Vingroup to supply...
Monday 8 August 2022
South Korea step up subsidies while overseas expansion continues
On August 4, South Korea's National Advanced Strategic Industries Act officially came into force in a bid to protect and support domestic players in key sectors.
Monday 8 August 2022
Samsung to start manufacturing semiconductor parts in Vietnam in 2023
Samsung Electronics has confirmed that it is preparing for the trial production of flip-chip ball grid array (FC-BGA) in Vietnam and plans to start mass production in July 2023 at...
Friday 5 August 2022
Samsung 3nm node progresses as S Korea evaluates China exposure
Samsung Electronics officially began chip production using its latest 3nm Gate-All-Around (GAA) process node on June 30, and went on to celebrate the first shipment of GAA-based chips...
Friday 5 August 2022
Micron and WD proposes to form memory coalition amid fierce competition with China and Korea
Micron, the world's third largest memory chip manufacturer, announced on August 4 to jointly propose a Memory Coalition of Excellence (MCOE) with Western Digital (WD), another US...
Friday 5 August 2022
Is 'mature technology' weaponized by Chips Act?
The recently passed Chips and Science Act 2022, now awaiting US president Joe Biden's signature, specifically indicates that recipients of the subsidies are not allowed to "engage...
Wednesday 3 August 2022
SK Group launches EV charger business and ramps up US investment
SK Group, one of the conglomerates in South Korea, announced that it is investing an additional US$22 billion in semiconductors and the EV ecosystem in the US, according to the group's...
Tuesday 2 August 2022
Samsung Display sees profit, LG Display reports loss in 2Q22
South Korean panel maker Samsung Dispaly (SDC) generated operating profit of nearly KRW1,100 billion (US$842 million) on consolidated revenues of KRW7,700 billion in second-quarter...
Tuesday 2 August 2022
China leading global NEV market with 59% of sales
China advances its leading position in the global New Energy Vehicle (NEV) market as the pandemic and the Russia-Ukraine war impact Europe. According to data from the China Passenger...
Monday 1 August 2022
Samsung semiconductor division posts record revenue for 2nd consecutive quarter
Samsung Electronics has reported consolidated revenue climbed to a record high of KRW77.2 trillion (US$59.4 billion) in the second quarter of 2022, when its device solutions (DS)...
Monday 1 August 2022
SEA roundup: FDI expanding in Malaysia, Indonesia, Vietnam
Foreign investments in Indonesia, Malaysia and Vietnam have expanded vastly, with investors coming from Japan and South Korea.
Monday 1 August 2022
LG Display to end LCD panels production in South Korea
LG Display (LGD) will end the production of LCD panels in South Korea in 2023, mainly driven by the significantly shrunken demand for LCD panels in 2022 and falling panel prices,...
Thursday 28 July 2022
IEA: Global EV battery demand to reach 3500 GWh by 2030
Demand for electric vehicle (EV) batteries has surged as countries pledge to phase out gasoline cars and automakers roll out more EV models. According to a report from the International...