Published: Nov 25, 2021
Samsung Electronics will invest $17 billion into its foundry sector, a business that makes money by manufacturing chips clients have designed. But some experts say that despite the staggering size of the investment, the South Korean tech giant is unlikely to challenge the global foundry race led by TSMC.
Published: Nov 09, 2021
Samsung Electronics Co. and SK hynix Inc. on Tuesday submitted information on their chip businesses to the United States but withheld some key data considered trade secrets in an apparent delicate balancing act.
Published: Apr 29, 2021
Samsung Electronics Co. on Thursday expected its semiconductor business to rebound in the current quarter following mediocre performance, although its mobile unit is projected to suffer a profit decline after spearheading its strong first-quarter earnings.
Published: Apr 16, 2021
President Moon Jae-in on Thursday stressed that South Korea must continue to lead the global chip supply chain and pledged support for the local semiconductor industry, amid the prolonged chip shortage and intensifying US-China trade tensions.
Published: Mar 10, 2021
South Korea plans to invest more than 200 billion won ($176 million) in developing automotive chip-making technology by 2022 in an effort to nurture the next-generation vehicle sector, the finance minister said Wednesday.