Hynix Semiconductor Inc., the world's second-largest computer memory chip manufacturer, said Tuesday that it has formed a task force to strengthen its position in the graphics memory chip sector.
The task force, which consists of 150 regular and executive employees, will be in charge of designing and producing graphic memory chips, Hynix officials said.
Graphics chips are installed in desktop personal computers, notebooks and workstations to allow the management of huge volumes of video images.
The launch of the task force comes after Hynix, which once held 40 percent of the South Korean market for graphics memory chips, lost its dominant market position to Samsung Electronics Co last year. Samsung Electronics had long set the standard for graphics memory chips, being the first in the world to unveil GDDR1, GDDR2 and GDDR3 memory chips. However, Hynix's research and development efforts paid off last year when it released the latest generation GDDR4 chip in December, two months ahead of Samsung Electronics.
GDDR refers to graphics double-data-rate memory chips which offer significantly enhanced data processing speeds over that of previous memory products.
According to market researcher International Data Corp., the world's GDDR chip market is expected to expand 10 percent on-year to US$2.7 billion in 2006.
Seoul, May 30 (Yonhap News)
Hynix Semiconductor forms task force to lead graphic memory chip |
