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October 31, 2023
Semiconductor: The Big Funds latest investment comes after it invested 13 billion yuan into Yangtze Memory Technologies (YMTC) earlier this year, marking one of its largest investments in recent years.
October 27, 2023
Yangtze Memory Technologies Co (YMTC), China's leading memory chip producer, has manufactured the "world's most advanced" 3D NAND memory chip known to be in a consumer device in a "surprise technology leap", according to a report by TechInights. YMTC's memory chip, found in a solid-state drive launched quietly in July, shows that the manufacturer has continued to develop advanced technology despite being hampered by sanctions after it was placed on the US Comme...
October 26, 2023
(Bloomberg) -- SK Hynix Inc. declared its opposition to a merger of Kioxia Holdings Corp. and Western Digital Corp., introducing more uncertainty to a landmark US-Japanese deal years in the making.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineApple Plans AirPods Overhaul With New Low- and High-End Models, USB-C HeadphonesTrump Ally Mike Johnson Elected House Speaker, Shifting GOP Further RightIsrael Is Losing Support as Fury Grows Over Its Strikes on GazaPost
October 26, 2023
(Bloomberg) -- SK Hynix Inc. declared its opposition to a merger of Kioxia Holdings Corp. and Western Digital Corp., introducing more uncertainty to a landmark US-Japanese deal years in the making.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineApple Plans AirPods Overhaul With New Low- and High-End Models, USB-C HeadphonesIsrael Is Losing Support as Fury Grows Over Its Strikes on GazaTrump Ally Mike Johnson Elected House Speaker, Shifting GOP Further RightPost
October 26, 2023
Demand also remains low in China, the market for nearly a third of Seagates revenue, amid an uneven economic recovery in the country after it abandoned its strict zero-Covid policy.
October 23, 2023
Semiconductors: The increase is a positive indication that world trade is starting to regain strength after a global slowdown. South Korea releases its data earlier than many economies and due to its key position in global supply chains and the tech sector, its export figures are watched closely to get an early take on the trajectory of world trade.
October 11, 2023
SEOUL (Reuters) -Samsung Electronics on Wednesday said its preliminary third-quarter profit dropped by a smaller-than-expected 78%, as the battered memory chip market shows early signs of recovering from a severe downturn. Samsung shares opened 3.3% higher versus a 1.4% rise in the wider market, as analysts said memory chip prices likely bottomed in the third quarter, with some types starting to rebound. The world's largest memory chip and smartphone maker estimated its operating profit f...
October 11, 2023
The US government's recent decision allowing South Korea's Samsung Electronics and SK Hynix to buy advanced manufacturing equipment for their semiconductor plants in mainland China is expected to make life more difficult for rival domestic memory chip makers like Yangtze Memory Technologies Co (YMTC), according to analysts. In a major concession to Seoul, Washington has granted both Samsung and Hynix an indefinite waiver on broad restrictions to export advanced chip-making equipment to...
October 10, 2023
South Korean tech giants such as Samsung Electronics and SK Hynix will be permitted to supply their chip equipment units to their Chinese factories.
September 20, 2023
China's top memory chip maker Yangtze Memory Technologies Corp (YMTC) is forging closer ties with domestic tool suppliers in an urgent bid to replace US components in its manufacturing equipment, according to two people familiar with the matter. The Wuhan-based company has recently intensified discussions and cooperation with Chinese semiconductor equipment makers, including a major Beijing-based company, to develop and produce replacements for crucial parts widely used in its equipment mad...