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| Micron outraged by Hynix bailout |
1/2/2003 |
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"The bailout decision was also made despite repeated protests in recent weeks by US Congressional representatives and the US Embassy in Korea to stop further government subsidization of Hynix".
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| Asustek to expand production in China |
12/31/2002 |
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Executives at Asustek Computer said that its China’s affiliates had obtained motherboard orders from Intel, Dell, and Hewlett-Packard. Asustek has now set up five manufacturing companies mostly in Suzhou, China as the manufacturing base.
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| Samsung sets Capex on expansion. |
12/31/2002 |
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Earlier Tuesday, the China Daily in mainland China reported that Samsung plans to invest $7.3 billion to expand its operations in China. The investment would expand its LCD operations.
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| 2003 spotlights on DRAM for handsets |
12/31/2002 |
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Though the use of DRAM in cell phones is still rare, some chip makers are betting that phone manufacturers are ready to switch from SRAM to lower-cost DRAM as they ship more handsets with multimedia capabilities and color screens.
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| Global DRAM manufacturers anger at Hynix recent bail out |
12/31/2002 |
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The bailout will anger U.S. and other foreign competitors, which charge that Hynix and other Korean companies have benefited from unfair government subsidies. Micron Technology Inc. of the United States and Infineon Technologies AG of Germany filed complaints this year with the U.S. Commerce Department and the European Union.
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| Semi sales end year with a good note |
12/31/2002 |
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The month-to-month climb continued the trend that began in the fourth quarter of 2001. November sales are up 19.6% from November 2001 sales of $10.60 billion.
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| UMC takes equity in SiS at infringement settlement |
12/30/2002 |
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UMC is to take three seats on the SiS board of directors. The two companies are to cooperate in production capacity and process technology in the future and engage in a mutual technology licensing.
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| Nanya to build 300mm DRAM fab |
12/30/2002 |
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In November, German chipmaker Infineon Technologies AG and Nanya of Taoyuen, finalized a long-expected agreement to create a joint 300-mm DRAM venture in Taiwan. The two companies also said they have set aside Euro 1.1 billion (about $1.1 billion) to build a giant wafer fab in Taiwan.
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| Creditor voted on Hynix debt restructure |
12/30/2002 |
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Some 114 creditor institutions are due to meet to vote on the restructuring plan, which includes a debt-for-equity swap worth about $1.58 billion and a 21:1 capital write-down plan.
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| UMC invest stake in SIS |
12/27/2002 |
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United Microelectronics Corp. has acquired a 2.32% stake in chipset maker Silicon Integrated Systems Corp
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| Oki to revamp foundry expansion |
12/27/2002 |
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Oki Electric plans to boost up its semiconductor foundry business by increasing foundry-related personnel and revamping production facilities to produce out high-performance products
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| Samsung wins telecom orders from Indonesia |
12/27/2002 |
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Samsung Electronics said that it won an order worth US$200 million to supply CDMA2000-type wireless telecom equipment to Indonesia's state-run PT Telekomunikasi Indonesia
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| Insight Memec creates RLDRAM Demo kit |
12/26/2002 |
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Insight Memec, a semiconductor distributor introduced a solution for developing designs that utilize high-speed reduced latency dynamic random access memory (RLDRAM) in FPGA-based application
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| Creditors of Hynix to restructure debt plans |
12/26/2002 |
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Creditors of Hynix Semiconductor Inc. are set to meet on Monday December 30, 2002, to vote on restructuring measures proposed by the main lender, Korea Exchange Bank
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| SIS & UMC settle patent infringement |
12/26/2002 |
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Silicon Integrated Systems SiS) and United Microelectronics Corp. have reached a preliminary settlement in a patent dispute, according to Taiwanese reports
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