SK Hynix said on Thursday that it has issued a green bond worth US$1 billion to invest in projects for environmental, social and governance (ESG) management.A green bonds are limited to being able to fund environmentally friendly projects. SK Hynix said it was the semiconductor company in the world

China’s locally produced integrated circuits (IC) will represent only 19.4% of its IC market in 2025, according to market research firm IC Insights.This falls short of the country’s Made in China 2025 goal of 70%, the firm said.Last year, China-produced ICs accounted for 15.9% of the country’s IC ma

Oceanbridge said on Thursday that it has hired ex-president of SK Hynix Lee Seok-kyu.Lee joined SK Hynix in 1986 and worked at the semiconductor maker for 30 years. He developed DRAM capacitor technologies and headed the development of NAND process integration at SK Hynix. He was also a professor at

The South Korea government is expecting semiconductor export to surpass US$100 billion in 2021.The Ministry of Trade, Industry and Energy said on Tuesday that export is estimated to increase 10.2% this year to US$109.3 billion from last year’s US$99.2 billion.This will be the second highest ever fig

SK Hynix said on Thursday that it will open a COVID-19 clinic at its Icheon campus starting on January 6.The company signed a MOU with Korea University Medicine to run the clinic. Staff from the university will man the clinic. They will run from 9:30am to 5:30pm on every weekdays.SK Hynix employees

Semiconductor inspection equipment maker Nextin has supplied its new kit to SK Hynix, TheElec has learned.SK Hynix was testing the demo version. If it scores highly in the evaluation, Nextin may supply more of them next year for a boost in sales.The demo version of inspection equipment Aegis 2 was a

South Korean semiconductor equipment maker APTC has successfully commercialized a new polysilicon etching kit called LEO WH, the company said on Wednesday.A new etching kit called NARDO M can be used to not only etch polysilicon but metal layers has also been commercialized, the company said.Both eq

South Korean chip maker DB HiTek has decided to increase the price of semiconductor contract production, or foundry, by up to 20%, TheElec has learned.The company decided to increase the price due to high demand for foundry services globally, people familiar with the matter said. DB HiTek has also s

Oceanbridge CEO Lee Kyeong-ju will step down for personal reasons, the company said on Thursday.Inside director Jung Yoon-chul will replace him as new CEO, the company said.Jung was previously an executive vice president at local private equity fund Alchemist Capital Partners Korea. He previously wo

SK Hynix’s foundry factory in Wuxi, China has started operations.According to local media Wuxi Daily, SK Hynix’ subsidiary, Sk Hynix System IC, held a factory production ceremony on December 12.SK Hynix System IC’s factory can handle 8-inch wafers. China has over a thousand fabless companies.Accordi

SK Hynix said on Monday that it has developed a 176-layer 512Gb triple level cell (TLC) NAND flash memory.More dies can be produced per wafer, the company said, which allowed for an increase in bit productivity of 35%.The chip uses charge trap flash (CTF) and peri under cell (PUC) technologies that

Micron’s DRAM fabrication facility in Taiwan suffered an hour long blackout. The halt in DRAM supply will likely cause the prices to rise.The factory, called MTTW, produces 10-nm class DRAM. It has a production capacity of 125,000 wafers per month.The factory accounts for 30% of Micron’s total produ

SK Telecom CEO and president Park Jung-ho has been promoted to vice chairman in SK Group’s annual reshuffle.Park will also become vice chairman of SK Hynix, the chip making subsidiary of SK Telecom. He will step down as chairman of the board at SK Hynix.Park joined SK Group in 1989 and was previousl

Worldwide semiconductor equipment sales increased by 30% in the third quarter of 2020 compared to a year ago, according to SEMI.Sales reached US$19.4 billion in the quarter.China accounted for US$5.62 billion of the sales, followed by Taiwan’s US$4.75 billion. South Korea was third with US$42.2 bill

Printed circuit board (PCB) maker TLB has set its share offering price for its KOSDAQ IPO at 38,000 won.A total of 1,385 institutional investors took part in its demand forecast. They account for 77% of the million shares on offer.TLB will now likely secure 38 billion won for its listing. Retail ord

SK Hynix has resumed operation at its factory in China on Tuesday following a brief shutdown.The factory in Chongqing was ordered to shutdown on Sunday by the local government following the revelation that one of its employees have contracted COVID-19.The employee was diagnosed with the virus in Sou

Samsung Electronics will expand the application of extreme ultraviolet (EUV) technology in DRAM production, the company said at its investor forum held on Monday.It will also apply double-stack technology for its 3D NAND flash to cement its leadership position ahead of rivals, the company said.Samsu

SK Hynix’s factory in Chongqing, China has halted operation due to one of its employees being diagnosed with COVID-19.An employee returning from Chongqing to South Korea was found to have contracted the virus after testing on Friday, according to Global Times.The local government at Chongqing ordere

TLB will begin producing printed circuit boards for DDR5 DRAM memory next year, the company CEO said on Thursday.TLB CEO Baek Seong Hyeon said the company will also begin production of PCBs for enterprise solid-state drives (SSD).It will also enter the PCB market for semiconductor production equipme

SK Telecom on Wednesday its self-developed data center artificial intelligence (AI) chip called Sapeon X220.The carrier claimed the chip had better performance and was cheaper compared to existing GPU. Sapeon X220 had 1.5 time faster deep learning calculation time. Thanks to this, when applied to da