July 26, 2024

SK hynix to invest 9.4 tln won in 1st fab in Yongin chip cluster

SK hynix Inc. announced Friday a plan to invest 9.4 trillion won (US$6.8 billion) in building its first fab and relevant facilities at an envisioned semiconductor cluster in Yongin, south of Seoul.

The world’s No. 2 memory chip maker said its board …

Hyosung Q2 net profit up 349.5 pct to 15.1 bln won

Hyosung Corp. on Friday reported its second-quarter net income of 15.1 billion won (US$10.9 million), up 349.5 percent from a year earlier.

Operating profit for the April-June period was 38.2 billion won, up 63.9 percent from a year ago, the company…