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DB HiTek

DB HiTek Co., Ltd.
Native name
주식회사 디비하이텍
FormerlyDongbu HiTek
Company typePublic
KRX: 000990
IndustrySemiconductors
FoundedFebruary 1, 1997; 27 years ago (1997-02-01)
Headquarters
Bucheon, Gyeonggi-do
,
South Korea
ParentDB Group
Websitewww.dbhitek.com

DB HiTek Co., Ltd. (Korean: 주식회사 디비하이텍), 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. ^ Jin, Hyunjoo; Busvine, Douglas; Kirton, David (December 17, 2020). "Analysis: Global chip shortage threatens production of laptops, smartphones and more". Reuters. Seoul/Berlin/Shenzhen.
  2. ^ "DB Group denies seeking to sell South Korea's No. 2 foundry company". Yonhap. Seoul. August 13, 202.
  3. ^ Park, Shin-young (April 4, 2022). "Foundry player DB HiTek: An ugly duckling becomes a golden swan". Korea Economic Daily.
  4. ^ Clarke, Peter (September 30, 2002). "Amkor completes sale of Anam stake to Dongbu". EE Times. Chandler, Arizona.
  5. ^ Wohn, Dong-hee (May 2, 2007). "Chin continues dance with Dongbu HiTek". Korea Joongang Daily.
  6. ^ Jhoo, Dong-chan (July 19, 2019). "Founder's scandals hamper DB's rebuilding efforts". The Korea Times.
  • Official website
  • Business data for DB HiTek:
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