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Chips are in short supply. Manufacturers are spending big to prevent a repeat


Chips are in short supply. Manufacturers are spending big to prevent a repeat
As the world grapples with a shortage of semiconductors, South Korea’s
chipmakers are spending huge amounts of money to shore up their production in the decade ahead.
Samsung and SK Hynix on Thursday
announced plans to expand their investments in semiconductors through 2030 by allocating tens
billions of dollars
of new money to the sector.
Samsung said that it will spend another 38 trillion Korean won ($34 billion) on production logic chips, the brains that power computers. That brings its total spend on the business to 171 trillion won ($151 billion) over the period, including commitments announced in 2019. ....

South Korea , South Korean , Taiwan Semiconductor Manufacturing Company , Vice Chairman Park Jung Ho , தெற்கு கொரியா , தெற்கு கொரியன் , டைவாந் குறைக்கடத்தி உற்பத்தி நிறுவனம் , துணை தலைவர் பூங்கா ஜங் ஹோ ,

SK hynix Announces the Completion of M16 Plant Construction


Press release content from PR Newswire. The AP news staff was not involved in its creation.
SK hynix Announces the Completion of M16 Plant Construction
February 1, 2021 GMT
SEOUL, South Korea, Jan. 31, 2021 /PRNewswire/ SK hynix Inc. (or ‘the Company’, www.skhynix.com ) held a completion ceremony for its new fabrication plant M16 at headquarter located in Icheon, Gyeonggi-do, South Korea. Under the theme of “We Do Technology: Opening the Happiness”, the ceremony was held as SK Group’s internal event in order to adhere to the COVID-19 containment measures.
A total of 16 personnel including SK Group Chairman Chey Tae-Won and SK Group Senior Vice Chairman Chey JaeWon, SK SUPEX Council Chairman Cho DaeSik, SK hynix Vice Chairman Park Jung-ho, SK Holdings President & CEO Jang DongHyun, SK hynix CEO Seok-Hee Lee, and SK hynix Lead Independent Director Ha Yung Ku attended the on-site ceremony, along other employees and partner companies’ members joined throu ....

Soult Ukpyolsi , South Korea , Ch Ungch Ong Bukto , Kyonggi Do , Gyeonggi Do , Chey Jaewon , Eun Suk Yixi Lee , Sejin Julia Yoo , Cho Daesik , Kyung Ku , Jang Dong Hyun , Jaehwan Kevin Kim , Seok Hee Lee , Yongin Semiconductor Cluster , Sk Group , Ysk Holdings , Korea Exchange , Luxemburg Stock Exchange , We Do Technology , Sk Group Senior Vice , Chairman Chey Tae Won , Senior Vice Chairman Chey Jaewon , Chairman Cho Daesik , Vice Chairman Park Jung Ho , Hee Lee , Future Vision ,