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[ANALYSIS] SK hynix unlikely to acquire GlobalFoundries

[ANALYSIS] SK hynix unlikely to acquire GlobalFoundries Posted : 2021-05-16 15:55 By Kim Yoo-chul After its chief executive Park Jung-ho clarified that SK hynix plans to double the capacity of its foundry (contract-based chip fabrication), investors have been saying that the world s No. 2 memory chipmaker will soon try to invest in a foundry chip-making company. SK has a very stable position in terms of profit-seeking in the global memory chip market, where it trails only market leader Samsung Electronics. The global memory chip market has already been rationalized with three major players, including Micron Technology of the U.S. Thus, it s unlikely that SK hynix will invest a billion dollars for the acquisition of a big-name company to bolster its profile in a sector it hasn t massively explored already.

Parts business to boost LG s new holding firm

Parts business to boost LG s new holding firm Posted : 2021-05-02 15:58 Updated : 2021-05-02 17:36 Silicon Works research center in Daejeon, south of Seoul, is seen in this photo, Sunday. Korea Times file By Kim Yoo-chul After confirming the official launch of LX Group, a spin-off holding company from the LG Group, investors attention is on how Chairman Koo Bon-joon will formulate his thoughts into detailed corporate growth focusing on its semiconductor affiliate, Silicon Works. Silicon Works is the country s largest fabless (non-manufacturing) company and is set to diversify its business portfolio under this new leadership, given Koo s strong interest and successful track record in managing component-oriented businesses, according to people familiar with the issue.

Ex-Caerphilly council leader David Poole probe concludes

Ex-Caerphilly council leader David Poole probe concludes
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