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The US semiconductor export ban on China likely to affect Samsung and SK Hynix

Last updated: October 7th, 2022 at 07:49 UTC+02:00 The Joe Biden administration in the US is increasing its restrictions on the Chinese semiconductor sector. This move apparently has triggered the worst fears in the minds of South Korean memory chipmakers—Samsung and SK Hynix—that the US government would cripple their China-based manufacturing businesses in its effort to halt China’s rise. As per new reports by Business Korea, the US government is all set to announce new curbs on semiconductor technology and equipment…

SK Hynix Shows Off 48GB and 96GB DDR5-6400 Memory Modules

SK Hynix demonstrated its upcoming 48GB and 96GB DDR5-6400 registered memory modules for next-generation servers at Intel's Innovation event this week. The RDIMMs use the company's latest 24Gb DDR5 SDRAM devices and bring together high performance and high capacity. SK Hynix showed off a variety of memory modules for next-generation servers, including 32GB, 64GB, 128GB, and 256GB DDR5-5600 RDIMMs based on 16Gb DDR5 ICs as well as 48GB, and 96GB DDR5-6400 and DDR5-5600 RDIMMs featuring its 24Gb DDR5 ICs, reports Serve The…

SK Hynix to invest $11 billion in new South Korea chip plant

SK Hynix Inc, the world's second-largest memory chip maker, said that it will invest 15 trillion won ($10.9 billion) over the next five years to build a new chip plant in South Korea. Construction of the facility, called M15X, will begin in October and be completed early 2025 in Cheongju, south of Seoul, SK Hynix said in a statement. The plant will make memory chips, but whether it will be DRAM chips or NAND flash chips will be determined according to market conditions, a company spokesperson said, declining to comment on…

China’s YMTC Introduces Chip With 232 Layers of Memory Cells to Catch Up With Micron, SK Hynix

Chinese chipmaker Yangtze Memory Technologies Ltd (YMTC) on Wednesday announced new memory chip technology that would help it catch up with rivals Micron and SK Hynix, just as Washington considers steeper curbs on Chinese semiconductor companies.The company unveiled its fourth-generation 3D NAND chip, the X3-9070, and its first to feature 232 layers of memory cells, government-backed media outlet Global Times reported on Wednesday.That places it close to rival Micron, which last month said it aimed to start mass…

SK hynix closes $492 million acquisition of chip contract firm Key Foundry

SK hynix, South Korea's second-largest chipmaker, said on Tuesday it has wrapped up a 576 billion won ($492 million) acquisition of local chip contract manufacturer Key Foundry.The company said it has recently completed the official acquisition process of the 8-inch wafer foundry manufacturer from Magnus Investment Partners, a private equity fund, under a 100% stake-purchase deal signed in October of last year.The closure of the deal came after the acquisition was approved by South Korean and Chinese antitrust regulators…

SK Hynix Warns of Chip Supply Disruption on Japan’s Export Curbs

Chipmaker SK Hynix warned on Thursday of a supply disruption due to an escalating trade dispute between South Korea and Japan, and said it would cut investment and production to support a nascent recovery in chip demand.The global memory chip market is bottoming out after more than a year of steep price falls, and hopes of a recovery are being buoyed by Japan's restrictions on exports of some chipmaking materials to South Korea - home to the world's top two memory chipmakers, Samsung and Hynix."We are trying to secure…

SK Hynix Shifts Away From Japanese Input Material With Korean Product

South Korea's SK Hynix has started using a high-tech material from a Korean supplier in its chipmaking process, a company official said on Wednesday, shifting away from a Japanese product for the first time.A SK Hynix official said it had selected an unnamed Korean company to supply high-purity hydrogen fluoride (HF), which is used in etching silicon materials and cleaning chips.South Korean chipmakers have been looking for ways to cut their reliance on Japanese materials since Japan imposed curbs on exports of key input…

SK Hynix Posts Lowest Profit in 7 Years, Warns of Growing Uncertainties

South Korea's SK Hynix, a chip supplier to Apple and Huawei, on Friday warned of growing uncertainties, after posting its lowest quarterly profit in seven years, hit by a protracted industry downturn.The tech company said it would be cautious about investments despite improvements in demand, joining its bigger rival Samsung Electronics in offering a guarded outlook amid trade tensions between the United States and China and the new coronavirus outbreak in China.SK Hynix, the world's No. 2 memory chip maker after Samsung…

SK Hynix weighs slashing spending by a quarter in 2023

South Korean chipmaker SK Hynix Inc is considering cutting its 2023 capital expenditure by about a quarter to 16 trillion won ($12.16 billion), Bloomberg News reported, citing people familiar with the matter. The move by SK Hynix, the world's second-largest memory chip maker after Samsung Electronics, is in response to slower-than-anticipated electronics demand, according to the report. SK Hynix said it has not decided whether to change its capital expenditure plan for next year. Chipmakers such as world's largest…

SK Hynix Completes First Phase of $9-Billion Intel NAND Business Buy

South Korea's SK Hynix said it had completed the first phase of its acquisition of Intel's NAND flash memory chip business, after it received regulatory nods from eight countries including China.In exchange, SK Hynix will pay $7 billion (roughly Rs. 52213.07 crore) out of the deal's total $9 billion (roughly Rs. 67131.09 crore) price tag, the world's second-largest memory chip maker said in a statement on Thursday.The deal, signed in 2020, will allow Intel to focus on its smaller but more lucrative Optane memory business.…