DB HiTek

DB HiTek Co., Ltd., formerly Dongbu HiTek, is a semiconductor contract manufacturing and design company headquartered in Bucheon, Gyeonggi-do, South Korea. DB HiTek is one of the major contract chip manufacturers, alongside TSMC, Samsung Electronics, GlobalFoundries, and UMC.[1] It is also the second-largest foundry company in South Korea, behind Samsung Electronics.[2]

History

Dongbu Electronics was founded as a memory chipmaker in 1997, but later was transformed into a foundry company in 2001.[3] Dongbu Electronics acquired Anam Semiconductor's foundry operation from Amkor Technology for 114 billion South Korean Won (US$ 93 million) in 2002.[4]

Dongbu HiTek was established in 2007 as a result of the merger between Dongbu Electronics and Dongbu Hannong Chemical, both of which are subsidiaries of Dongbu Group.[5] Dongbu HiTek changed its company name to DB HiTek when Dongbu Group was renamed DB Group in 2017.[6]

See also

References

  1. Hyunjoo Jin, Douglas Busvine, David Kirton. Analysis: Global chip shortage threatens production of laptops, smartphones and more Reuters, December 17, 2020^
  2. DB Group denies seeking to sell South Korea's No. 2 foundry company Yonhap, August 13, 2021^
  3. Shin-young Park. Foundry player DB HiTek: An ugly duckling becomes a golden swan Korea Economic Daily, April 4, 2022^
  4. Peter Clarke. Amkor completes sale of Anam stake to Dongbu EE Times, September 30, 2002^
  5. Dong-hee Wohn. Chin continues dance with Dongbu HiTek Korea Joongang Daily, May 2, 2007^
  6. Dong-chan Jhoo. Founder's scandals hamper DB's rebuilding efforts The Korea Times, July 19, 2019^