Tag: Chip

South Korea's semiconductor inventory jumped 28% in January, marking the fastest increase in 27 years. The spike reflects a prolonged tech downturn affecting the nation's export-driven economy, with chipmakers contributing 12% of total exports and facing declining global demand amid geopolitical tensions.

IBM is collaborating with Rapidus, a new Japanese government-backed chipmaker, to develop advanced semiconductor technology. This partnership comes amid global chip shortages and geopolitical tensions, with Japan seeking to regain its competitive edge in semiconductor manufacturing and secure critical technology for its automotive and IT industries.

SK Hynix will invest 15 trillion won ($10.9 billion) to build a new semiconductor manufacturing plant called M15X in Cheongju, South Korea. Construction begins in October 2023, with completion expected in early 2025, marking a significant expansion of the company's memory chip production capabilities.