Samsung’s third-quarter operating profit has nosedived from low demand for memory chips and IT products.The tech giant said on Friday on its earning guidance that it expected an operating income of 10.8 trillion won and consolidated sales of 76 trillion won.Operating profit dropped around 32% from l

SK Hynix said on Wednesday that it has succeeded in using neon gas from local suppliers for 40% of its chip production.The chip giant said it was aiming to use wholly sources from South Korea for neon gas in 2024.SK Hynix had up to recently wholly relied on import for neon gas, which is used during

Telechips is planning to start mass production of its microcontroller unit (MCU) for automobiles next year, TheElec has learned.The 32-bit MCU is for infotainment and the fabless company will start manufacturing them sometime in the first quarter of 2023.Telechips begin developing the chip under a n

South Korean semiconductor design house Coasia is planning to hire over a hundred engineers this year.Company executive Seol Byung-chan told TheElec that it has adopted a new employee education program called Global Design Education Centre.The program pays an employee for a year but instead of being

South Korean chip contract manufacturer Key Foundry has formed a gallium nitride (GaN) research team as demand for chips made using the material continues to increase.The company is aiming to offer 8-inch GaN wafer foundry services for customers, sources said.Key Foundry currently contract manufactu

Samsung has been conducting prolonged tests on coolants from Chinese companies as it attempts to diversify its supply chain for the ingredient used in wafer fabrication.The South Korean tech giant has not finalized whether it would accept the coolants as it was unsatisfied with their quality, source

Samsung is planning to secure more production capacity for OLED display driver ICs from its contract chip maker UMC of Taiwan next year.Samsung System LSI, the unit that designs logic chips, is expected to order more of its display driver ICs made due to high demand for them by key customers, source

Samsung has supplied its DDR5 DRAM with a high-k metal gate process applied to a Taiwanese computer hardware manufacturer G.Skill, according to analyst firm Techinsights.The chip was being used in the G.Skill Trident Z5 series memory package, the firm said.Techinsights said it expects high-k metal g

Samsung said on Thursday that it has joined the RE100 initiative and will target reaching net zero carbon emission by 2025.RE100 stands for Renewable Energy 100% and its aim is to have companies use 100% renewable energy by 2025.Samsung said it uses the most energy among ICT manufacturers __ it used

K Siltron is planning to form a joint venture with RFHIC and Yes Power Technix that will develop technologies related to silicon carbide (SiC) and gallium nitride (GaN) semiconductors, TheElec has learned.The plan awaiting approval from SK Corporation, the holding company of the SK business group.SK

Samsung on Wednesday started mass production of NAND flash chips at its P3 line at its Pyeongtaek facility.P3 is the company’s largest semiconductor production facility to date and started construction back in late 2020.The fab is designed to manufacture NAND flash, DRAM and logic chips for Samsung’

SK Hynix said on Tuesday that it will begin building a new fab with 15 trillion won in South Korea in October.M15X will be added to its existing facility in Cheongju, right next to fab M15.The new fab will have a multi-story structure, which means based on the surface area it will be larger than SK

LSI, previously the fab equipment business of Mujin Electronics, is expected to supply 30 units of wafer cleaners to SK Hynix this year, TheElec has learned.The company is in talks with the South Korean memory to supply over 60 units in 2023, sources said.LSI was formed by chip and display material

Fab equipment maker Jusung Engineering has hired a well-known executive who previously worked at SK Hynix as its head of sales.Lee Sang-sun, who was previously vice president at SK Hynix, has been named vice chairman of sales of the fab equipment maker.Lee, 61, held key positions in the South Korean

LOT Vacuum is planning to develop dry vacuum pump technology for atomic layer deposition (ALD) equipment, which is being used more and more in advanced semiconductor process nodes.The technology is aimed at application in the latest memory chip processes, sources said.The company already supplies ch

Machine vision equipment maker Intekplus will conduct equipment tests with two outsourced semiconductor assembly and test (OSAT) companies.One is an OSAT company in the US and another is in China.The equipment being tested is surface equipment used in during the back-end process for semiconductors.I

SK Siltron is expected to complete its new silicon carbide (SiC) wafer factory in Michigan next month.The South Korean wafer maker acquired Dupont’s SiC wafer business based in the US state in 2020, at the same time forming its subsidiary Siltron CSS there.The subsidiary has been building a factory

Samsung on Friday said it will spend 20 trillion won by 2028 to build a new chip research complex at its campus in Giheung, South Korea.The groundbreaking ceremony was attended by Samsung vice chairman Lee Jae-yong, who stressed that the company’s chip business wouldn’t exist if it didn’t emphasize

South Korean chip fabless firm LX Semicon has formed a research team dedicated to developing display driver ICs for automobiles, TheElec has learned.The team is within the research team that reports directly to CEO Boik Sohn.The team, called Auto Development Part, will develop display driver ICs for

German material giant Merck will acquire South Korean semiconductor component and material firm Mecaro’s precursor business for 110 million euros, the pair announced on Wednesday.Merck’s South Korean subsidiary Versum Materials Korea will acquire the entire stake of Mecaro’s precursor business when