Seoul: South Korea’s Samsung Electronics said Thursday that its operating profits soared 277 percent on-year to $6.6 billion, but missed expectations as it struggled to leverage demand for chips used in artificial intelligence servers. The world’s largest memory chip maker posted an operating profit of 9.18 trillion won ($6.6 billion) “largely due to one-off costs”. … Read more
Export restrictions being considered by Washington to halt China’s advances in semiconductor manufacturing could come at a substantial cost, experts say, potentially disrupting fragile global chip supply chains – and hurting US businesses. Reuters reported on Monday that the United States is considering limiting shipments of American chipmaking equipment to memory chip producers in China that … Read more
The United States is considering limiting shipments of American chipmaking equipment to memory chip makers in China including Yangtze Memory Technologies Company Limited (YMTC), according to four people familiar with the matter, part of a bid to halt China’s semiconductor sector advances and protect US companies. If President Joe Biden’s administration proceeds with the move, … Read more
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, said on Monday it had not disclosed detailed information on clients in its response to a US chip data request. TSMC is among several companies, including South Korea’s Samsung and SK Hynix, that the US government has asked to volunteer information so it can better … Read more
The world’s second-largest chipmaker, South Korea’s SK Hynix, on Tuesday announced a $9 billion (roughly Rs. 66,000 crores) deal to buy Intel’s flash memory chip operation as it seeks to bolster its position against rival behemoth Samsung Electronics. SK Hynix is already the world number two maker of DRAM chips, used in computers and servers, and … Read more