SEOUL, October 14 (AJP) - Staying at the forefront of the AI memory race will require more than delivering faster high-bandwidth memory chips at scale, SK hynix’s chief development officer said Wednesday. The dominant HBM supplier is developing a new generation of technologies to tackle bottlenecks that bandwidth alone cannot resolve as increasingly sophisticated AI agents push data traffic to new extremes, Ahn Hyun, president and chief development officer of SK hynix, told S
SEOUL, October 9 (AJP) — SK Group Chairman Chey Tae-won said Friday SK hynix would move as quickly as possible on its planned Gwangju semiconductor base after inspecting the site, citing rapidly rising memory demand. Chey, making his first visit to the planned fab site at Gwangju Military Airport, said SK hynix had already brought forward the full buildout of its Yongin semiconductor cluster by 12 years but increasingly believed even that expansion might not be enough. &l
SEOUL, September 29 (AJP) -Samsung Group has joined the global AI data center gold rush by pledging $1 billion to infrastructure company Helix, expanding the South Korean chip powerhouse’s ambitions from supplying semiconductors to building and powering the facilities that run artificial intelligence. Six Samsung affiliates said Tuesday they would jointly invest in Helix Digital Infrastructure, a company established by global investment firm KKR to develop data centers, powe
SEOUL, September 27 (AJP) — LG Electronics has joined Nvidia's official partner network for power and cooling, expanding its reach to customers building artificial intelligence data centers. The company is listed under the Power and Cooling category of the Nvidia Partner Network (NPN), which connects customers with companies providing hardware, software, infrastructure and services for Nvidia's computing platforms. The listing follows a series of Nvidia qualificat
SEOUL, September 27 (AJP) — Samsung Electronics plans to hold an October town hall for all employees in its Device eXperience division, with compensation and business conditions expected to dominate discussions, industry sources said Sunday. Roh Tae-moon, Samsung Electronics' co-chief executive and head of the DX division, is expected to lead the meeting alongside other senior executives. The company previously shared plans for the town hall during a closed management b
SEOUL, September 27 (AJP) — South Korea detected 40 cases of semiconductor technology being leaked overseas from 2021 to 2025, more than triple the 12 cases recorded during the previous five years, government data showed Sunday. The National Intelligence Service (NIS) detected 107 industrial technology leaks overseas during the latest five-year period, according to Ministry of Trade, Industry and Resources (MOTIR) data provided to Rep. Koo Ja-geun. The total was 7 percent h
SEOUL, September 27 (AJP) — The global market for artificial intelligence chips used in data centers is projected to reach $860 billion by 2030 from $124 billion in 2024, a state-run bank research institute said. The market is expected to expand at an average annual rate of 38 percent over the period as investment in AI infrastructure continues to increase. The outlook was included in an Aug. 31 report by the Overseas Economic Research Institute at the Export-Import Bank of
SEOUL, September 21 (AJP) - Exports made up a larger share of South Korea's economy in 2024 as the recovery in the semiconductor industry helped boost manufacturing, according to data by the Bank of Korea (BOK) released on Monday. The central bank said exports accounted for 16.1 percent of total demand, which covers both intermediate materials used in production and finished goods and services, up from 14.7 percent in 2023. Of all spending on finished goods and services, the
SEOUL, September 19 (AJP) - Samsung Electronics’ largest labor union has voted overwhelmingly to restrict membership to employees in its semiconductor division, effectively splitting the organization along the company’s chip and consumer-electronics businesses after months of disputes over performance bonuses and bargaining strategy. The Samsung Electronics chapter of the Samsung Group United Union said Saturday that 27,618 of 28,680 members who voted, or 96.3 percent,
SEOUL, September 19 (AJP) - Samsung has co-led a $231 million funding round in Dutch semiconductor startup Euclyd, backing a young company developing an artificial intelligence chip system with an architecture different from Nvidia’s dominant graphics processing units. Euclyd said the Series A financing totaled more than €200 million and was co-led by Samsung, Somerset Capital Partners, the EQT-managed Scaleup Europe Fund and Innovation Industries. Denmark’s EIFO,
