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SK Group and TSMC explore semiconductor collaboration for AI and memory technology

SK Group Chairman Chey Tae-won met with TSMC CEO C.C. Wei in Taiwan to discuss collaboration in the semiconductor sector, focusing on AI and high-bandwidth memory (HBM) technology. This meeting follows a strategic partnership established in April 2024 between SK hynix and TSMC aimed at enhancing HBM production and advanced packaging capabilities, crucial for AI hardware performance. As SK hynix strengthens its position in the AI memory market, competition with Samsung intensifies, with SK hynix expected to lead in next-generation HBM4 development.

SK Group explores sale of semiconductor wafer subsidiary SK Siltron

SK Group is exploring the sale of a 70.6% stake in its semiconductor wafer subsidiary, SK Siltron Co., as part of a restructuring strategy aimed at enhancing financial stability. Valued at approximately 5 trillion won ($3.38 billion), SK Siltron is South Korea's only producer of semiconductor wafers and ranks third globally in the 12-inch wafer market. The group is in discussions with private equity firms, with the sale reflecting a significant return on its initial investment and aligning with broader trends in the semiconductor industry.
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