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Samsung renames foldable phone project ‘Winner’
Samsung Electronics has recently renamed the project name of its upcoming foldable smartphone “Winner,” ditching the previous “Valley” that it has used since 2015, according to local news outlet The Bell on May 4. Citing unnamed industry sources, the report said Samsung has recently informed suppliers to start sup...
SK hynix returns to profit in Q1 on solid demand for AI chips
SK hynix said Thursday it swung to a profit in the first quarter of this year on the back of rising global demand for premium memory chip products used for artificial intelligence (AI) computing. The world's second-largest memory chipmaker posted an operating profit of 2.88 trillion won ($2.09 billion) for the January-March period, compared with a loss of 3.4 trillion won a year ago, the company said in a regulatory filing. It is the second-highest quarterly operating profit, following the rec
Samsung starts production of 290-layer V-NAND chips
Samsung Electronics, the world’s largest memory chip maker, said Tuesday it kicked off the mass production of its one-terabit triple-level cell vertical NAND, or V-NAND, which is about 50 percent denser and 10 percent more energy efficient than its predecessor that launched in 2022. “We are excited to deliver the industry’s first 9th-gen V-NAND which will take future applications leaps forward. To address the evolving needs for NAND flash solutions, Samsung has pushed the boun
SK hynix joins with TSMC to produce High Bandwidth Memory 4
SK hynix is joining hands with TSMC, the world’s top foundry, to develop High Bandwidth Memory 4 and cutting-edge packaging technology, the company said on Friday. Under the partnership agreement, the two sides plan to proceed with the development of HBM4, the sixth-generation model of the advanced memory chip, and enhance logic and HBM integration through advanced packaging technology, SK hynix said. "We expect a strong partnership with TSMC to help accelerate our efforts for open
LG Electronics raises $800 million bond for R&D, facilities investments
South Korea's tech giant LG Electronics said Friday it has successfully raised a total of $800 million in a dollar bond deal. The bonds, denominated in US dollars, were issued in two tranches: a three-year bond worth $500 million and a five-year sustainability bond totaling $300 million, according to LG Electronics. The interest rates for these bonds were set at 95 basis points and 110 basis points over the US Treasury rates of the same maturity for the three-year and five-year tranches, respe
SK hynix joins hands with TSMC in strengthening HBM capabilities
South Korean chipmaker SK hynix said Friday it has set up a strategic partnership with Taiwan Semiconductor Manufacturing Company (TSMC) aimed at bolstering its capabilities in producing premium high bandwidth memory (HBM) chips and advanced packaging technologies. Under the memorandum of understanding agreed recently in Taipei, Taiwan, the two semiconductor giants will collaborate in developing sixth-generation HBM4 chips, set for mass production in 2026, according to SK hynix. Both SK hynix
LG Electronics-SM Entertainment JV, Fitness Candy, to be liquidated
Fitness Candy, a fitness tech joint venture between South Korean tech giant LG Electronics and K-pop powerhouse SM Entertainment, said Thursday it will be liquidated some two years after its creation. The decision came after its shareholders approved the dissolution of the company and the beginning of the liquidation process at a meeting held Monday, Fitness Candy said in a filing. In 2022, LG Electronics, South Korea's leading home appliance maker, and SM Entertainment, the K-pop agency behin
Samsung develops fastest DRAM chip optimzied for ondevice AI
Samsung Electronics, the world's top memory chip maker by revenue, has developed the industry's fastest LPDDR5X memory chip optimized for on-device artificial intelligence applications, the company said Wednesday. The new Low Power Double Data Rate 5X manifests the highest performance of up to 10.7 gigabits-per-second and is the smallest in size among existing products leveraging the 12-nanometer-class process technology, the company said. The speed is equal to sending about 20 4-gigabyte full
Samsung Electronics develops industry-first LPDDR5X DRAM
Samsung Electronics, the world's largest memory chipmaker, said Wednesday it has developed the industry's first low-power double data rate 5X (LPDDR5X) DRAM chips, a memory solution tailored for AI applications. The new chip supports the industry's highest performance of up to 10.7 gigabits-per-second (Gbps), improving performance by more than 25 percent and capacity by more than 30 percent compared with the previous generation, according to Samsung Electronics. Low-power, high-performance LPD