A fire at its plant in Wuxi, China, has "no material damage" to fab equipment and will not impact supply volume, says the South Korean chipmaker and world's second-largest maker of memory chips.
Korean chipmaker is no longer held liable in any trade secret litigation after it agrees to license "certain intellectual property rights" from SanDisk, in a deal that runs until March 31, 2023.
After years of denying responsibility, Korean smartphone giant now promises to offer adequate compensation for employees who died of or developed leukemia from working at the company's semiconductor plants.
Spanning 230,000 square meters in Xi'an, China, the new US$7 billion plant produces 10-nanometer NAND flash memory chips and is estimated to generate annual sales of US$9.74 billion at full capacity.
weekly roundup Both AMD and ATI have been underdogs in the processor and graphics cards markets at one point or another. But in recent years, both have managed to overcome the odds to give their bigger rivals a run for their money, with better technology at cheaper prices.
South Korean chipmaker will build two advanced memory chip manufacturing facilities, which will begin producing NAND flash units in 2023.
Semiconductor manufacturer is looking to expand its presence in the Chinese market and hopes its recent buyout of IBM's chip business will lead the way.
The two smartphone makers accounted for 18.2 percent of global market, spending US$61.7 billion on semiconductors last year, with Samsung leading the market as top design total available market company.
Qualcomm is under investigation in China for allegedly overcharging and exploiting its market position, which will see the U.S. chipmaker facing fines of over US$1 billion.
Chinese internet giant sets up a semiconductor company and unveils plans to release its own artificial intelligence processor, as it looks to boost support for its cloud and Internet of Things businesses.