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SK Group, South Korea's chip-to-construction conglomerate, said on Sunday that it will secure 80 trillion won ($58 billion) by 2026 for investments, mainly in artificial intelligence and semiconductors. Some 20 chief executives of the group's major affiliates gathered at its research centre in Icheon, 58 kms southeast of Seoul, from Friday to Saturday to come up with investment plans for future growth, SK Group said in a statement. "The group needs to preemptively make dras...
SK Group to secure $58 billion for AI, chip investments by 2026
The semiconductor lobby groups of South Korea and the United States discussed ways to expand bilateral cooperation in technology research and maintaining a stable supply chain, Seoul's industry ministry said on Friday. The US-Korea Supply Chain and Commercial Dialogue Semiconductor Forum, held in Washington, was organised following an agreement between the two countries in April last year to create an event to explore ways to expand ties in the sector, according to the Ministry o...
South Korea, US lobby groups discuss ties in chip tech, supply chain
Al chipmaker Nvidia has surpassed technology giant Apple to become the world's second most valuable company, just behind Microsoft. Nvidia's market cap crossed $3 trillion for the first time due to the AI boom. Nvidia's shares rose by 5.16 per cent in the last trading session and the company's market cap has reached $3.01 trillion. Apple's shares have increased by 0.78 per cent and its market cap is $3 trillion. Nvidia's stock continues to rise due to i...
Nvidia hits $3 trillion market cap, surpasses Apple on AI boom
Chip maker MediaTek on Thursday announced Dimensity 7300 and the Dimensity 7300X, a pair of 4nm chips for high-tech mobile gaming. The Dimensity 7300 chipsets enable multitasking, superior photography accelerated gaming and AI-enhanced computing, while Dimensity 7300X is designed with flip-style foldable devices in mind, providing support for dual displays, the company said in a statement. “The MediaTek Dimensity 7300 chips will be important for integrating the latest AI enh...
MediaTek unveils 2 new Dimensity 7300 chips for high-end gaming
South Korean President Yoon Suk Yeol said on Thursday that the country will introduce a chip industry support package worth 26 trillion won ($19 billion) to bolster the critical industry amid intensifying global competition. The comprehensive plan was unveiled during an interagency meeting on economic issues, involving related ministries and financial regulators. The package includes financial programmes, research and development (R&D) initiatives and infrastructure suppor...
South Korea unveils $19 billion support package for chip industry
Huawei's latest high-end phone features more Chinese suppliers, including a new flash memory storage chip and an improved chip processor, a teardown analysis showed, pointing to the progress China is making towards technology self-sufficiency. Online tech repair company iFixit and consultancy TechSearch International examined the inside of Huawei Technologies' Pura 70 Pro for Reuters, finding a NAND memory chip they said was likely packaged by the Chinese telecoms equipment maker...
Exclusive-Huawei`s new phone uses more China-made parts, memory chip
As India begins its chip-making journey, fabless semiconductor startup Mindgrove Technologies, on Monday, said that it has launched the country's first commercial, high-performance SoC (system on chip). Called ‘Secure IoT,’ the RISC-V (open-source architecture)-based chip will help domestic original equipment manufacturers (OEMs) use a homegrown chip in their devices. The IIT Madras-incubated startup said that the chip is likely to cost 30 per cent less than other chips ...
Indian startup Mindgrove unveils 1st indigenous high-performance chip
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