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SK Telecom's SK Square spin off to target "aggressive" semiconductor investment

SK Telecom's SK Square spin off to target "aggressive" semiconductor investment
datacenterdynamics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from datacenterdynamics.com Daily Mail and Mail on Sunday newspapers.

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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. ....

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South Korea creates $451bn semiconductor stimulus package


Samsung and SK Hynix singled out as nation tries to become a titan
Laura Dobberstein
Fri 14 May 2021 // 06:57 UTC
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South Korea s government announced a support package worth 510 trillion won (US$451bn) to bolster in-country chip production with the hopes of becoming a global supply chain leader.
Additionally, the Finance Ministry will raise tax deduction ratio for semiconductor R&D to forty percent, up from the current 30 points, and double deductions for facility investments to six percent.
Over 150 Korean semiconductor companies qualify for the program, even existing giants Samsung and SK Hynix.
“The entire semiconductor industry is facing a watershed moment and now is the time to chart out a plan for long-term strategy and investment,” said Samsung’s vice chairman Kinam Kim in a canned statement, adding that Samsung “will continue to make preemptive investments to lead the industry.” ....

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