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SK hynix suffers $2.54 bil. loss in Q1 on memory chip bust

SK hynix posted an operating loss of 3.4 trillion won ($2.54 billion) in the first quarter of this year, suffering a loss for the second consecutive quarter due to deteriorating semiconductor industry conditions, the memory chipmaker said, Wednesday. However, the company added it expects global chip market conditions to recover in the second quarter after bottoming out in the first three months of this year.
Kyonggi Do South Korea Baek Byung Yeul Sk Group Gyeonggi Province Samsung Securities

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NVX-CoV2373 COVID vaccine safe and effective in preventing COVID-19 in adolescent

Research reports the results of a phase 3 clinical trial evaluating the safety, immunogenicity, and efficacy of the NVX-CoV2373 vaccine in adolescents aged 12 to 17 years. The study found that the vaccine was safe, immunogenic, and efficacious in preventing COVID-19, including the Delta variant, in adolescents.
United States Pooja Toshniwal Paharia Pooja Toshniwal Pahariaapr Pooja Toshniwal Randomized Clinical Image Credit

Governor Hochul and Micron Announce Members of Community Engagement Committee to Advise on Nation-Leading Semiconductor Project

Proven Regional Leaders Melanie Littlejohn and Tim Penix to Helm the Micron Community Engagement Committee as Co-Chairs Committee will Develop a Community Priorities Document to Guide Strategies in... | April 28, 2023
New York United States Town Of Clay State University Of New York At Stony Brook Morrisville State College City Of Syracuse

Should Samsung and SK Hynix fill gap left behind by Micron? Korean memory makers face another dilemma

Previously, it was rumored that the US had requested South Korea to not fill in the demand gap left behind after Micron got sanctioned by China. Samsung Electronics and SK Hynix are once again caught up in the tussle between China and the US. Whether this issue will be brought up for negotiation during the Korean-US summit is also a point of concern.
South Korea Samsung Electronics Hips Components Memory Chips K Hynix South Korea

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