SK Hynix posts record quarterly net profit

The world's second-largest memory chipmaker SK Hynix saw profits nearly double to hit a record in the fourth quarter on strong demand, it said Thursday.

Samsung Electronics logs record-high profit on memory chips

Samsung Electronics Co. reported another record high in quarterly earnings Tuesday thanks to the unprecedented boom in the memory chip industry and predicted that another record-breaking quarter is on the horizon, a breathtaking ...

SK Hynix posts record profits on rising demand

South Korean chipmaker SK Hynix posted record profits in the third quarter, it said Thursday, fuelled by strong demand for its memory chips coupled with rising global prices.

Head of Samsung's booming semiconductor business to resign

The chairman of Samsung Electronics Co.'s board of directors, who has been the public face of the company after its de facto chief was jailed on corruption charges, said Friday he will resign next year to make way for a new ...

Samsung steps up push into autonomous driving technology

Samsung Electronics Co. said Thursday it will invest 75 million euro ($89 million) in TTTech, a Vienna, Austria-based company that makes autonomous driving technologies and safety controls for Audi cars and others, stepping ...

Toshiba says three groups vying for prized chip unit

Toshiba said Thursday that three groups are vying for its memory chip business, as reports said Apple has jumped into the race with a consortium offering to pay about $20 billion for the unit.

SK Hynix posts 'best-ever' quarterly profit

South Korean chipmaker SK Hynix posted record profits in the second quarter of the year, the company said Tuesday, as strong demand for its memory chips used in PCs and computer servers drove up prices.

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