Tuesday, November 06, 2007

Samsung, Hynix Pursue Image Sensors

The Korea Times: Analysts interpret Samsung’s recent decision to buy TransChip Israel as part of the company’s efforts to confront global leaders in the sector.

"We are also in the final stage of merger talks with two or three other overseas companies relating to the non-memory sector and hopefully the result will come out this year," Samsung's high-ranking official said, noting that intensifying competition pushes Samsung to have more mergers and acquisitions.

Hynix, which recently announced a plan to promote its non-memory business after a three-year hiatus, will increase the portion of the business to 40 percent in terms of sales by 2010 by hiring more experienced workers in the CIS division.

"By hiring more workers in the research-related, product design, solid state disk (SSD) and CIS divisions, we will accelerate efforts to escape from higher dependency on fluctuating DRAM chips," Hynix spokesperson Park Hyun said.

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