Seoul approves Samsung's new investment in China

South Korea on Wednesday approved Samsung Electronics' plan to build a new plant in China to produce high-tech memory chips used in tablets and smartphones, the Ministry of Knowledge Economy said.

Hynix applauds rejected $4 billion damages claim

South Korea's Hynix Semiconductor, the world's number two memory chipmaker, on Thursday welcomed a US court's rejection of claims by American firm Rambus for billions of dollars in damages.

S. Korea's SK Telecom signs deal to buy Hynix

South Korea's top mobile carrier SK Telecom said Monday it signed a deal to buy a controlling stake in Hynix Semiconductor, the world's number two memory chip maker.

South Korea's Hynix swings to net loss in Q3

South Korea's Hynix Semiconductor, the world's second-largest memory chip maker, said Thursday it swung to a third-quarter net loss as weak demand for personal computers dampened sales.

Hyundai says it will not bid for Hynix stake

South Korea's Hynix Semiconductor Wednesday lost its sole potential buyer after shipmaking giant Hyundai Heavy Industries said it would not bid for a stake in the world's second-largest memory chip maker.

Hynix Semiconductor 1Q profit falls 66 percent

(AP) -- Hynix Semiconductor's quarterly profit fell 66 percent as sales declined and memory chip prices remained weak, though the company said business conditions should improve in the second quarter.

Elpida raises $145 million in Taiwan listing

(AP) -- Elpida Memory Inc. said Thursday it has raised 4.2 billion New Taiwan dollars ($145 million) in a secondary listing on the Taiwan Stock Exchange as the Japanese memory chip maker seeks alliances amid fierce competition.

Elpida to buy Powerchip's DRAM operations: report

Japan's leading chip maker Elpida Memory will take over the DRAM operations of Taiwan's Powerchip Technology in a bid to increase competitiveness amid falling prices, the Nikkei said Monday.

page 4 from 6