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DB HiTek

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South Korean semiconductor company
DB HiTek Co., Ltd.
Native name주식회사 디비하이텍
FormerlyDongbu HiTek
Company typePublic
Traded asKRX: 000990
IndustrySemiconductors
FoundedFebruary 1, 1997; 27 years ago (1997-02-01)
HeadquartersBucheon, 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. It is also the second-largest foundry company in South Korea, behind Samsung Electronics.

History

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

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. Dongbu HiTek changed its company name to DB HiTek when Dongbu Group was renamed DB Group in 2017.

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.

External links

KOSPI 200 companies of South Korea
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