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...Samsung and SK operate their own memory chip plants in China, which account for about half of their production capacity....
...“This is the first time that SK Hynix is ahead of Samsung in the memory technology race,” said Kim of Macquarie. “SK Hynix bet on HBM chips early on and it worked out well.”...
...Korea Zinc has also formed a joint venture with South Korea’s LG Chem for precursor production and is in talks with Singapore-based Trafigura for co-operation on nickel refining....
...The Biden administration in October gave Samsung Electronics and SK Hynix, two of the world’s leading producers of memory chips, a one-year reprieve from export controls designed to reduce China’s ability...
...SK Hynix said it had not received a request from the South Korean government. Micron declined to comment....
...SK On, a subsidiary of Korean petrochemical company SK Innovation, has concentrated the bulk of its foreign investments in the US, where it has formed joint ventures with car manufacturers Ford and Hyundai...
...“Samsung manufactures all the memory in Korea, so shipping memory to the US to do HBM packaging might not be ideal....
...Samsung is trying hard to catch up with rivals in the high-margin chips used in AI as it has trailed domestic rival SK Hynix in mass-producing the most advanced HBM chips....
...For most of last year, rival SK Hynix was the only company able to mass-produce the latest generation of HBM3 products, the ones that are used in Nvidia’s latest accelerators....
...Samsung has reduced output since April to join rivals such as SK Hynix and Micron Technology....
...Parash Jain, HSBC’s head of shipping, ports and Asia transport research, forecast all three carriers could return to profit this year if international travel recovered....
...A Chinese state-owned shipping company building one of Latin America’s biggest deepwater ports has criticised a move by the Peruvian government to remove its exclusive right to operate the facility....
...For now, just one company, SK Hynix, is able to mass produce the latest generation HBM3 products, the ones used in today’s AI chips....
...Washington extended a wavier granted to Samsung and SK Hynix indefinitely by including them in its “validated end user” list....
...In 2003, the Chinese company acquired Hyundai Display Technology, then a subsidiary of the Korean SK Group conglomerate....
...“Shipping capacity is an important bottleneck,” he said, adding the new vessel could sail at “BYD’s planning” rather than leaving cars in port waiting for a ship, which was expensive....
...Woldbye, who switched to the aviation industry after 27 years at shipping and logistics giant Møller-Mærsk, including leading its global shipping and ferry divisions, is an “operational type”, according...
...Job moves JPMorgan has promoted London-based banker Carsten Woehrn to co-head of mergers and acquisitions for Europe, the Middle East and Africa....
...The problem, however, is that Samsung has already lost the lead in this market to local peer SK Hynix. Moreover, the product accounts for just about 1 per cent of the global DRam chip market....
...Wang Chuanfu, chair and chief executive of BYD, told a conference in Shenzhen this month that the company would “deploy seven car carriers in the coming two years to ease the shortage of shipping capacity...
...Tom Chapman, who was a co-founder of Matchesfashion, says that the initial concept was for a highly curated online shopping experience, rather than the broad-based market for designer products that it became...
...The editorial team can be reached at techasia@nex.nikkei.co.jp....
...Smart reads A fatal mistake The Wall Street Journal investigates what happened on a remote Texas ranch in a billionaire shipping scion’s final hours....
...Booming western demand for fast fashion and ecommerce goods sold by Chinese online brands such as Temu and Shein is buoying air freight rates and creating fierce competition among logistics companies shipping...
...Procter & Gamble’s Japanese prestige beauty brand SK-II is among the labels most heavily targeted by the boycott. P&G were contacted for comment....
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