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Hyundai Electronics Industries and LG Semicon also shut down their factories for a week.
CNN: The Chips Are Still Down
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In 1996 Hyundai Electronics America, a subsidiary of the Korean industrial giant, raided Advanced Micro Devices, according to court documents.
FORBES: Whose Rolodex is it, anyway?
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The most desperate chip maker, for instance, is South Korea's Hynix Semiconductor, formerly named Hyundai Electronics Industries.
ECONOMIST: Semiconductor manufacturers
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After consultants picked Hyundai Electronics to become controlling shareholder of the merged entity, LG Semicon threatened to sue.
CNN: THE LONG, HARD CLIMB BACK UP
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Take another South Korean memory chip maker, Hyundai Electronics (No. 260).
CNN: Going to the People
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Up till now, both Hyundai Electronics and LG Semicon have grown by borrowing from banks at double-digit interest rates or with the help of their chaebol parents.
CNN: Going to the People
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Failure to do so would also hurt Hyundai Electronics.
ECONOMIST: Hyundai’s underwhelming overhaul | The
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Clear gainers include Intel, which produces 85% of all microprocessors, and the makers of dynamic random access memory (DRAM) chips such as Japan's NEC and Toshiba and South Korea's Samsung Electronics, LG Semicon and Hyundai Electronics.
CNN: Getting Ready for Asia's PC Wars
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Among the corporate sponsors of telematics research and development are Samsung, LG Electronics, Hyundai and General Motors, who all have speech-interfaced applications targeting consumer products launching in early 2008.
CNN: The story
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Currently, the top five companies that account for a third of stock holdings, he says, are non-Hyundai blue chips SK Telecom, power utility KEPCO, Samsung Electronics, Samsung Fire and Marine Insurance, and steel giant POSCO.
CNN: DREAMS AND CONTROVERSY
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Then a couple of days later a flagship South Korean investment in an electronics factory in Scotland was put on hold: Hyundai's microchip building in Fife will be completed, but its opening will then be delayed for at least a year.
ECONOMIST: Farewell, golden goose | The
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Hyundai Motor added 1.3%, Posco rose 2.6% and LG Electronics gained 5.2%.
WSJ: Nikkei Outperforms, Shanghai Treads Water