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SEOUL: South Korea’s exports likely contracted for a fifth straight month in July as global demand remained weak despite the easing of coronavirus-related lockdowns, a Reuters poll showed on Wednesday.
SEOUL: South Korea plunged into recession in the second quarter in its worst economic decline in more than two decades as the coronavirus pandemic battered exports and social distancing curbs paralysed factories.
China is building tens of thousands of 5G base stations every week. Whether it wins technological dominance or not, domestic supply chains may be revived and allow the country to maintain – and advance – its position as the factory floor of the world.
SEOUL (Reuters): Samsung Electronics Co Ltd said on Monday (June 1) it has begun construction of a new domestic production line for NAND flash memory chips, betting on demand for personal computers and servers as the coronavirus prompts more people to work from home.
SEOUL: The coronavirus-driven global shift to working from home is set to have boosted demand for Samsung Electronics' memory chips from laptop makers and data centres, but first-quarter profits are likely to remain flat as the outbreak weakened consumer electronics sales.
NEW YORK: A group representing major U.S. semiconductor companies on Wednesday said it was working with federal officials to make clear to state and local officials overseeing lockdowns that chip companies are essential businesses that should continue operations.
SEOUL/TOKYO: With more employees working from home to help slow the spread of the coronavirus, demand is surging for laptops and network peripherals as well as components along the supply chain such as chips, as companies rush to build virtual offices.
KUALA LUMPUR: Bursa Malaysia ended January on a disappointing note as the FBM KLCI sank further into the red on Friday as the coronavirus added more uncertainty and hurt investor sentiment.
KUALA LUMPUR: South Korea's SK Hynix's warning on the coronavirus and its impact on chip production saw local chip makers and semicon-related stocks sliding on Friday.
SEOUL: South Korea's SK Hynix, the world's No.2 memory chip maker, warned a new virus outbreak in China could pose a threat to chip production and said it would sharply reduce annual investment after posting a steep fall in quarterly profit.