2024-05-31
South Korea's latest rally in semiconductor exports is likely to last through next year on an “AI boom,” the central bank says https://www.bloomberg.com/...
Bloomberg
Government data: South Korea's chip inventories fell 33.7% YoY in April, largest drop since 2014, underscoring the pace at which demand is outstripping supply
Sam Kim / Bloomberg :
South Korea's semiconductors are flying off the shelves as stockpiles disappear at the fastest pace in 10 years in April. It reflects demand outstripping supply as AI development and deployment ramp up. [image]
Bloomberg
Government data: South Korea's chip inventories fell 33.7% YoY in April, largest drop since 2014, underscoring the pace at which demand is outstripping supply
Sam Kim / Bloomberg :
2024-05-29
Samsung Electronics shares fall on news that its union plans a strike, the first of its kind for a company that used to crack down on such labor activities for decades under late chieftain Lee Kun-hee [image]
Bloomberg
The National Samsung Electronics Union, representing ~28K workers, plans its first ever strike after wage negotiations, ongoing since the start of 2024, stalled
- The union is largest among several at the Korean company — Samsung has been playing catchup in memory chips for AI
2024-03-29
South Korea produced the most semiconductors in 14 years last month https://www.bloomberg.com/... [image]
Bloomberg
South Korean national statistics data: chip output grew 65.3% YoY in February 2024, the most since late 2009, with demand for AI-related memory driving growth
- Chip exports continue to grow, boosting optimism for economy — High-performance memory chips supplied to Nvidia among drivers X: @samkimasia X: Sam Kim / @samkimasia : South Kor...
2024-01-24
South Korea is an important partner in US strategies to “de-risk” global supply chains from China in technology. But it's easier said than done considering Samsung and SK Hynix have made huge investments in China. https://www.bloomberg.com/... [image]
Bloomberg
A look at SK Hynix's NAND flash memory chip plant in Dalian, China, acquired from Intel for $9B in 2020, which is now in limbo because of US-China export rules
Bloomberg : X: @mackhawk , @samkimasia , @samkimasia , and @pstasiatech X: Mackenzie Hawkins / @mackhawk : New: South Korea's economy relies heavily on chips. That makes it especi...
South Korea is investing overwhelmingly more in the US than in China now, a sign of shifting economic dependence amid geopolitical tensions between Washington and Beijing https://www.bloomberg.com/... [image]
Bloomberg
A look at SK Hynix's NAND flash memory chip plant in Dalian, China, acquired from Intel for $9B in 2020, which is now in limbo because of US-China export rules
Bloomberg : X: @mackhawk , @samkimasia , @samkimasia , and @pstasiatech X: Mackenzie Hawkins / @mackhawk : New: South Korea's economy relies heavily on chips. That makes it especi...
2023-05-29
If South Korea doesn't help China by filling the gap left by Micron, China may penalize them the way it did for THAAD, says Troy Stangarone @KoreaEconInst https://www.bloomberg.com/...
Bloomberg
Source: South Korea won't encourage its memory-chip firms to grab Micron's lost market share in China to not disrupt its long-term US semiconductor relationship
South Korea will avoid capitalizing on China's ban on a US chipmaker, seeing the move by Beijing as an attempt to drive …
China is driving a wedge between South Korea and the US by imposing a ban on American chipmaker Micron, my sources tell me. Here's how it works. https://www.bloomberg.com/... [image]
Bloomberg
Source: South Korea won't encourage its memory-chip firms to grab Micron's lost market share in China to not disrupt its long-term US semiconductor relationship
South Korea will avoid capitalizing on China's ban on a US chipmaker, seeing the move by Beijing as an attempt to drive …
“We won't tolerate it, nor do we think it will be successful,” US Commerce Secretary Raimondo said regarding China's Micron ban. “We see it as plain and simple economic coersion.” https://www.bloomberg.com/...
Bloomberg
US Commerce Secretary Gina Raimondo says the US “won't tolerate” China's ban on Micron chips in some critical sectors and calls the decision “economic coercion”
Bloomberg :
If South Korea doesn't help China by filling the gap left by Micron, China may penalize them the way it did for THAAD, says Troy Stangarone @KoreaEconInst https://www.bloomberg.com/...
Bloomberg
US Commerce Secretary Gina Raimondo says the US “won't tolerate” China's ban on Micron chips in some critical sectors and calls the decision “economic coercion”
Bloomberg :
China is driving a wedge between South Korea and the US by imposing a ban on American chipmaker Micron, my sources tell me. Here's how it works. https://www.bloomberg.com/... [image]
Bloomberg
US Commerce Secretary Gina Raimondo says the US “won't tolerate” China's ban on Micron chips in some critical sectors and calls the decision “economic coercion”
Bloomberg :
2023-05-28
“We won't tolerate it, nor do we think it will be successful,” US Commerce Secretary Raimondo said regarding China's Micron ban. “We see it as plain and simple economic coersion.” https://www.bloomberg.com/...
Bloomberg
US Commerce Secretary Gina Raimondo says the US “won't tolerate” China's ban on Micron chips and calls the decision an “economic coercion”
Commerce Secretary Gina Raimondo said the US “won't tolerate” the recent decision by Chinese authorities to ban chips …
China is driving a wedge between South Korea and the US by imposing a ban on American chipmaker Micron, my sources tell me. Here's how it works. https://www.bloomberg.com/... [image]
Bloomberg
Source: South Korea won't encourage its memory-chip firms to grab market share in China lost by Micron, as it could disrupt its bilateral relations with the US
Sam Kim / Bloomberg :
China is driving a wedge between South Korea and the US by imposing a ban on American chipmaker Micron, my sources tell me. Here's how it works. https://www.bloomberg.com/... [image]
Bloomberg
US Commerce Secretary Gina Raimondo says the US “won't tolerate” China's ban on Micron chips and calls the decision an “economic coercion”
Commerce Secretary Gina Raimondo said the US “won't tolerate” the recent decision by Chinese authorities to ban chips …
If South Korea doesn't help China by filling the gap left by Micron, China may penalize them the way it did for THAAD, says Troy Stangarone @KoreaEconInst https://www.bloomberg.com/...
Bloomberg
US Commerce Secretary Gina Raimondo says the US “won't tolerate” China's ban on Micron chips and calls the decision an “economic coercion”
Commerce Secretary Gina Raimondo said the US “won't tolerate” the recent decision by Chinese authorities to ban chips …
If South Korea doesn't help China by filling the gap left by Micron, China may penalize them the way it did for THAAD, says Troy Stangarone @KoreaEconInst https://www.bloomberg.com/...
Bloomberg
Source: South Korea won't encourage its memory-chip firms to grab market share in China lost by Micron, as it could disrupt its bilateral relations with the US
Sam Kim / Bloomberg :
2023-04-04
Japan is on a roll. Its spending on chipmaking equipment is forecast to increase at the fastest pace in the world next year. https://www.bloomberg.com/... https://twitter.com/...
Bloomberg
SEMI data: Japan is expected to spend $7B on chipmaking equipment in 2024, up 82% on 2023, the largest in the world; China's spending is forecast to rise 2% YoY
Sam Kim / Bloomberg :
2023-02-01
Hynix is more explicit about the need to adjust to the downturn, saying “with uncertainties still lingering, we will continue to reduce investments and costs, while trying to minimize the impact of the downturn by prioritizing markets with high growth potential.”
Bloomberg
As memory prices plunge, SK Hynix reports a ~$1.4B Q4 operating loss, its biggest quarterly operating loss yet, vs. ~$900M est., and a 38% YoY drop in revenue
Sohee Kim / Bloomberg :
Just when you thought Samsung had a terrible quarter with an operating margin of 1.3%, memory-chip rival SK Hynix reports -22% for the same profitability measure https://www.bloomberg.com/... https://twitter.com/...
Bloomberg
As memory prices plunge, SK Hynix reports a ~$1.4B Q4 operating loss, its biggest quarterly operating loss yet, vs. ~$900M est., and a 38% YoY drop in revenue
Sohee Kim / Bloomberg :
2023-01-07
A historic drop and a historic miss: Samsung's operating profit falls to 4.3 trillion won ($3.4 billion), missing the average forecast of 6.7 trillion won by analysts https://www.bloomberg.com/... @soheefication
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