Hynix to build chip plant in China
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South Korean memory-chip maker Hynix Semiconductor Inc. announced Wednesday that it reached an agreement to construct a wafer fabrication plant (fab) to manufacture chips in Wuxi, China.
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SEOUL (AFX) - The Financial Supervisory Service has announced that Hynix Semiconductor Inc engaged in fraudulent accounting practices involving 1.98 trln won in 1999, but has already corrected this error.
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TOKYO : Japanese electronics giant Toshiba said it was taking legal action against major South Korean microchip maker Hynix in Tokyo and Texas for alleged infringement of Toshiba&#39;s semiconductor memory patents.
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The Intel Corporation has received approval to build a $2.5 billion chip plant in China amid the countryâs booming demand for chips used in personal computers and cellphones. The factory is planned for the northeastern city of Dalian, according to the cabinetâs National Development and Reform Commission, the countryâs top economic planning agency. Intel officials in Beijing and at the company headquarters in Santa Clara, Calif., declined to comment, saying no formal announcement had been made.
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South Korea's Hynix Semiconductor Inc. said fourth-quarter profit rose 35 percent to a record high, beating estimates, on strong sales of computer memory chips, but forecast steep falls in chip prices.
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Hynix Semiconductor, one of the world's largest microchip makers, said its net profit rose fourfold in the third quarter of this year due to strong chip sales but cautioned that earnings had been hit by weaker prices.
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German electronic chipmaker Infineon will invest $1 billion to build a new plant in Malaysia making non-memory chips, it said on Wednesday, as it bets it can make more profits with chips used in cars and ...
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Chipmaker to focus on technology and features instead of megahertz.
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&quot;All administrative work has been completed to sell Hynix&#39;s non-memory chip unit to Citigroup Venture Equity Partners LP,&quot; Hynix&#39;s primary creditor bank said.
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SEOUL: South Korean prosecutors said that Hynix Semiconductor is being investigated in connection with an alleged accounting fraud involving 1.7 billion dollars.
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(InfoWorld) - Texas Instruments, the world's largest maker of mobile phone chips, plans to work more closely with its Asian contract chip manufacturing partners to develop new production technologies, a company spokeswoman confirmed. The company said earlier this year it planned to stop developing its own chip production technologies and instead work more closely with contract manufacturing partners on joint development. A TI spokeswoman confirmed that the company plans to work with Asian contract chip makers, or foundries, on the new strategy. TI currently farms out chip production to four Asian chip foundries: Taiwan Semiconductor Manufacturing Co.Â (TSMC) and United Microelectronics Corp. (UMC) of Taiwan; Singapore's Chartered Semiconductor Manufacturing; and China's Semiconductor Manufacturing International Corp., according to Tracy Zhou, head of media relations in the Asia Pacific region for TI. "For the cooperation with foundries, TI will continue working with its current advanced logic foundry partners," she said in an e-mail. The change in tactics is significant. TI is one of the world's biggest chip makers, and has long developed its own production technologies. For any new chip, engineers must focus not only on the circuit design of the chip itself, but also on how it will be mass produced. If a design is too complicated to manufacture at a reasonable price, it can get the boot even if it has promising features. The outsourcing of chip production development by companies that previously did it mostly themselves, such as TI, has become a trend over the past several months, said Jackson Hu, the chairman of UMC, at the company's fourth quarter investor conference last month. "Some companies are even closing their own chip factories and farming out orders to foundry chip makers, while others are simply no longer investing in chip production R&D, and instead putting that investment money into chip product design efforts. We believe this is a positive industry trend, a win-win situation, and a strong affirmation of our R&D capabilities," Hu said. The fact that a company the caliber of TI is willing to leave the production side of technology development up to contract chip makers, at least in part, shows how far the foundry business has come. TSMC was the first company to focus on manufacturing chips that are designed by other companies. Before TSMC opened, small chip design firms had to ask Intel, Motorola, and other big companies to manufacture their chips, and these companies would only agree if their factories weren't already full. Most small companies didn't have enough money to set up their own chip factories because the high tech plants then cost around $1 billion each. Now, new ones cost around $3.5 billion. TSMC stepped in to fill the gap, setting up huge chip factories and taking orders from customers, mainly in the U.S. The result has been the steady growth of chip design companies that never build their own factories. Mobile phone chip developer Qualcomm and graphics chip designer NvidiaÂ are two examples of companies that have been wildly successful, despite not owning their own factories. They farm out production to foundries such as TSMC and UMC.
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Hynix Semiconductor Inc., the world&#39;s second-largest maker of computer-memory chips, said profit quadrupled in the third-quarter and will rise in the current period on increased demand for its products.
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Germany's biggest chipmaker Infineon Technologies AG on Tuesday launched a $1 billion power semiconductor plant in Malaysia, marking its first foray into Asia.
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Advanced Micro Devices Inc. AMD.N,   the world's number two maker of microchips for personal   computers, has sealed a deal to supply China's second-largest   PC maker with chips, scoring its latest victory in a market   share battle with bigger rival Intel INTC.O.
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SHANGHAI, China - Micron Technology Inc., the leading US based memory maker, is planning to build a test and assembly facility in China, according to an Associated Press report Monday (Oct. 18), which cited a company executive in Shanghai as its source.
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SEOUL: Hynix Semiconductor may be fined for shoddy accounting between 1999-2003, South Korea&#39;s financial regulator said. News of Hynix&#39;s accounting violations comes after the CEO of Kookmin Bank, South Korea&#39;s
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Intel is building a $2.5 billion chip-set plant in the northeast China city of Dalian; production set to begin in 2010.