Korean Firms Ramp Up Memory Production as AI Boom Accelerates
Chipmakers in Korea are ramping up their production of memory chips in a bid to take advantage of the currently insatiable demand for these products within the AI industry. Samsung Electronics and SK Hynix embody this Korean push to benefit from the intense competition to address the growing AI market. Samsung Electronics has massively increased its output of DRAM (dynamic random access memory) and NAND flash production lines. It has also expanded its output of high-end semiconductor products like HBM (high-bandwidth memory) devices. In November, the firm decided to restart construction work at its Pyeongtaek complex located in Gyeonggi Province.…