Samsung Says It Will Expand Chip Factories
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The Samsung Electronics Company, the Korean electronics giant, said Monday that it would invest $23.7 billion in new chip production lines over the next six years.
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Samsung Electronics has created an innovative memory chip designed to boost the processing speed in mobile phones for handling digital video and other data-intensive applications.
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Samsung Electronics Co Ltd (OTC: SSNGY) said it was expanding operations with plans to build a $286 billion Won LCD production line.
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(InfoWorld) - South Korean memory chip giant Hynix SemiconductorÂ on Wednesday denied local media reports that it planned to move its operations to China. A problem finding land in South Korea for a new factory to make chips on 12-inch (300 millimeter) wafers apparently turned into speculation that the company, frustrated, would simply move to China, where it already operates a joint venture chip factory. A South Korean newspaper cited local politicians saying Hynix would make the move. But the DRAM (dynamic RAM) maker says it's not going anywhere, and the rumor had been blown so far out of proportion that it put out a statement to clarify the issue. "There were some local news reports that we're planning to move our operation to China. ... Hynix is not reviewing that option," said Kim Mi-Young, a Hynix representative. The company started looking for a new site for the planned factory after South Korea's environmental protection agency turned down a request to build it near its Ichon complex in Kyonggi Province, for fear it might contaminate a nearby river. Hynix considered another location, Chongju, where it already owns a piece of land, but ran into further trouble. Its land there is too small for the planned facility, and the constant press coverage over the environmental issue caused landowners in Chongju to speculate Hynix might come calling, and raise their prices accordingly. Now, the company says Chongju is too expensive. It still does not know where it might build the new factory.
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The California-based chip- maker said the boost was due to strong demand and reduced stockpiles of its chips. The worldâs largest chip-maker smashed market expectations when it announced it expected sales
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SEOUL Samsung Electronics announced on Monday that it would be investing 25 trillion won in new chip production lines in the next six years, a move that it expects will create 10,000 jobs.
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(InfoWorld) - The head of the world's largest contract chip maker said his industry will have trouble maintaining sales and profit growth in the future because the overall chip industry has slowed down and there's a lot more competition. Taiwan Semiconductor Manufacturing Co. (TSMC) plans to expand to new markets and find new work in product areas such as chips for mobile phones, digital cameras, and other consumer electronics devices in order to meet these challenges, said Morris Chang, the chairman of TSMC, at the International Solid-State Circuits Conference in San Francisco on Monday. The company released information from his speech. Overall revenue growth in the chip industry has slowed to around 6 percent per year between 2000 and 2010, from 16 percent each year prior to 2000, he said. At the same time, more new rivals have entered the contract chip making business. His company will have to find new ways to grow despite these challenges, he said. "Growth opportunities exist in cell-phone applications, game systems, digital TV, LCD displays, power management, MP3 devices, and digital cameras," a paper Chang submitted to the conference reads. Developing closer relationships with the chip design companies that create chips for these kinds of products will be a key strategy for TSMC in the future. TSMC manufactures chips that are designed by other companies, a business model it pioneered. Prior to the Taiwanese company's founding, small chip design firms had to ask Intel, Motorola, and other big chip makers to make their chips, and these companies would only comply if their factories weren't being fully used already. Most small companies didn't have enough money to set up their own chip factory because the high tech plants used to cost around $1 billion each. Now, a new one can cost $3.5 billion. TSMC stepped in to fill the gap, and the result has been the steady growth of chip design companies that never build their own factories. They rely on TSMC or other foundry chip makers, including Taiwan's United Microelectronics Corp. (UMC), to manufacture their chips. Mobile phone chip developer Qualcomm and graphics chip designer Nvidia 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. The success of TSMC and UMC has caused a number of new competitors to enter the chip foundry business. IBM, Samsung Semiconductor, and China's Semiconductor Manufacturing International Corp. (SMIC)Â are all examples of latecomers to the foundry business. These new rivals have been able to survive, and in some cases thrive. "The growth of the industry has attracted many companies to offer foundry services. Consequently, competition between these companies increases the potential for commoditization of foundry services," according to Chang's report. He goes on to say that going forward, the best defense for TSMC will be to engage with chip design customers far earlier in the developing stage of their products, and to offer a wider range of production services. TSMC and UMC hold around a 75 percent share of the global chip foundry business, according to investment banking firm Merrill Lynch & Co. Last week, TSMC said itÂ opened its first office Bangalore, India, to find new customers and help existing ones complete their chip designs faster and bring products more quickly to market. Â
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Samsung Electronics Co., the world&#39;s second-largest semiconductor maker, said it expects global chip sales next year to grow at half of this year&#39;s pace on increased supply from new plants coming online.
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SEOUL, South Korea -- Samsung Electronics Co. on Monday unveiled a new type of memory chip that it said will allow digital devices to work faster by saving new data more quickly.
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Samsung Electronics Co. Ltd., the world's largest maker of memory chips, said on Monday it would invest &#36;24 billion in its semiconductor business by 2010.
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Samsung Electronics, the world's largest manufacturer of computer memory chips, said it would invest 680 billion won (647 million dollars) to expand capacity at its flash memory plant.
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The world's chip factories operated at their fastest rate in almost four years in the April-June period, boosted by demand for chips for cellphones and digital appliances such as flat-panel TVs, an industry group said on Tuesday.
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Samsung Electronics plans to invest 25 trillion won ($24 billion) in building new semiconductor production lines by 2010, the company said Monday.
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Samsung Electronics Co. Ltd., the world's  largest maker of memory chips, said on Monday it would invest  $24 billion in its semiconductor business by 2010.
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Infineon, Europe&#39;s second-largest chipmaker, yesterday announced that it would invest $1bn in a new plant in Malaysia in a move to boost its capacities for making chips used in the automotive industry.
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Samsung's $3.5 billion memory chip factory is the largest such plant in Texas.
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Samsung Electronics Co., the world's largest memory chip manufacturer, has named a new official to take charge of the memory chip division of its semiconductor business.