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Strike not expected to impact Dram and Nand Flash production or cause any shipment shortages. Read more at straitstimes.com.

WORKERS at tech giant Samsung Electronics in South Korea staged the first ever strike at the company on Friday (Jun 7), the head of a major union representing tens of thousands of people told AFP.

TOKYO (Reuters) -Japan's industry ministry said on Tuesday it would extend subsidies worth as much as 242.9 billion yen ($1.64 billion) for Bain Capital-backed Kioxia and Western Digital to expand memory chip production in Mie and Iwate prefectures. The funding provides underpinning for the two companies, which have been hammered by a slump in the market for NAND flash chips and whose merger talks stalled late last year following opposition from Kioxia investor SK Hynix. Japan's powerful industry ministry aims to reclaim the country's lost position as a major chip centre by ex...

Chinese flash memory giant YMTC denied it has ties with the Chinese military, saying it is in talks with Washington to address the allegation after it was named on a US Defence Department blacklist.

A memory chip plant located halfway between Seoul and Beijing illustrates the tough choices South Korean business leaders and policymakers face as they try to limit the damage from the US tech war with China.