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Sahasra Semiconductors: Sahasra group's Semiconductor company has become the country's first private company to start packaging and testing operations of NAND flash memory, a non-volatile storage technology that does not require power to retain data.
Western Digital and Kioxia are close to forming the world's largest NAND maker.
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.
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 the mainl
“We really want these opportunities to be inclusive for all. We’re removing the barriers so everyone ... can participate.”