DB HiTek
Topic: Company
From HandWiki - Reading time: 8 min
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Native name | 주식회사 디비하이텍 | ||||||||||||||||||||||||||||||||||||||||||||||||||
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| Formerly | Dongbu HiTek | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Type | Public | ||||||||||||||||||||||||||||||||||||||||||||||||||
Short description: Securities exchange operator in South Korea
Korea Exchange (KRX, Korean: 한국거래소) is the sole securities exchange operator in South Korea. It is headquartered in Busan, and has an office for cash markets and market oversight in Seoul. HistoryThe Korea Exchange was created through the integration of Korea Stock Exchange (KSE), Korea Futures Exchange and KOSDAQ Stock Market under the Korea Stock & Futures Exchange Act. The securities and derivatives markets of former exchanges are now business divisions of Korea Exchange: the Stock Market Division, KOSDAQ Market Division and Derivatives Market Division. As of December 2020, Korea Exchange had 2,409 listed companies with a combined market capitalization of ₩2.3 quadrillion KRW (US$2.1 trillion). The exchange has normal trading sessions from 09:00 am to 03:30 pm on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.[3] On 22 May 2015, the Korea Exchange joined the United Nations Sustainable Stock Exchanges initiative in an event with the UN-SG Ban Ki-moon in attendance, as well as senior officials from UN Global Compact and UNCTAD.[4] On 10 April 2025, the KOSPI and KOSDAQ soared when President Donald Trump announced that he would suspend the mutual tariffs. In response, the Korea Exchange triggered a buy sidecar for the KOSPI market at 09:06 a.m. for the first time in eight months.[5] In April 2025, the Korea Exchange signed a contract with the Thai Stock Exchange to supply the system for liquidation and settlement. A source at the exchange said it expects the deal to further strengthen the position of the Korean stock market infrastructure in Southeast Asia.[6] Traded instruments
Trading hours
Quotations are quotes submitted by the Members on behalf of their customers and are submitted to the Exchange only during Quotation Receiving Hours. Trading days in KRX KOSPI markets are from Monday through Friday and no trading or settlement is made on the following days:[8]
See also
References
External links
Template:Economy of South Korea
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| Industry | Semiconductors | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Founded | February 1, 1997 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Headquarters | Bucheon, Gyeonggi-do , South Korea | ||||||||||||||||||||||||||||||||||||||||||||||||||
Key people | Ki Seog Cho, CEO | ||||||||||||||||||||||||||||||||||||||||||||||||||
Number of employees | 2000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Parent | DB Group | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Website | www.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
- ↑ Jin, Hyunjoo; Busvine, Douglas; Kirton, David (December 17, 2020). "Analysis: Global chip shortage threatens production of laptops, smartphones and more". Reuters (Seoul/Berlin/Shenzhen). https://www.reuters.com/article/us-chip-shortage-analysis-idUSKBN28R0ZL.
- ↑ "DB Group denies seeking to sell South Korea's No. 2 foundry company". Yonhap (Seoul). August 13, 202. https://en.yna.co.kr/view/AEN20210813003700320.
- ↑ Park, Shin-young (April 4, 2022). "Foundry player DB HiTek: An ugly duckling becomes a golden swan". Korea Economic Daily. https://www.kedglobal.com/korean-chipmakers/newsView/ked202204040019.
- ↑ Clarke, Peter (September 30, 2002). "Amkor completes sale of Anam stake to Dongbu". EE Times (Chandler, Arizona). https://www.eetimes.com/amkor-completes-sale-of-anam-stake-to-dongbu/.
- ↑ Wohn, Dong-hee (May 2, 2007). "Chin continues dance with Dongbu HiTek". Korea Joongang Daily. https://koreajoongangdaily.joins.com/2007/05/02/industry/Chin-continues-dance-with-Dongbu-HiTek/2875108.html.
- ↑ Jhoo, Dong-chan (July 19, 2019). "Founder's scandals hamper DB's rebuilding efforts". The Korea Times. https://www.koreatimes.co.kr/www/biz/2023/01/126_272556.html.
External links
- Official website
- Business data for DB HiTek:
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