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DB HiTek

Topic: Company

 From HandWiki - Reading time: 3 min

Short description: South Korean semiconductor company
DB HiTek Co., Ltd.
Native name
주식회사 디비하이텍
FormerlyDongbu HiTek
TypePublic
Short description: Securities exchange operator in South Korea
Korea Exchange
한국거래소
TypeStock exchange
LocationBusan & Seoul, South Korea
Coordinates [ ⚑ ] 35°08′12″N 129°03′53″E / 35.136721°N 129.064746°E / 35.136721; 129.064746 (Busan)
Founded1956; 70 years ago (1956)
Key peopleSohn Byung-doo
(Chairman & CEO)
CurrencySouth Korean won
No. of listings2,445 (as of May 2021)[1]
Market cap₩2,604 trillion KRW ($2.3 trillion USD)[2]
IndicesKOSPI
KOSDAQ
KRX 100
Websitewww.krx.co.kr
eng.krx.co.kr
DB HiTek
Hangul
한국거래소
Hanja
韓國去來所
Revised RomanizationHanguk Georaeso
McCune–ReischauerHanguk Kŏraeso

Korea Exchange (KRX, 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.

History

The 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 Dec 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]

Traded Instruments

KOSPI Market Division
  • Stocks
  • Bonds
  • Exchange Traded Funds (ETFs)
  • Exchange-Linked Warrants (ELWs)
  • Real Estate Investment Trusts (REITs)
KOSDAQ Market Division
  • Stocks
Derivatives Market Division
  • Index Instruments: KOSPI 200 Index Futures, KOSTAR Futures, KOSPI 200 Index Options
  • Single Stock Futures
  • Equity Options
  • Interest Rate Instruments: 3-Year KTB (Korea Treasury Bond) Futures, 5-Year KTB Futures, 10-Year KTB Futures
  • Foreign Exchange Instruments: USD Futures, JPY Futures, EUR Futures, USD Options
  • Commodity Instruments: Gold Futures, Mini-gold Futures, Lean Hog Futures

See also

References

  1. ↑ ""Global KRX About KRX KRX Overview History"". http://global.krx.co.kr/main/main.jsp. 
  2. ↑ ""시가총액"". http://www.krx.co.kr/main/main.jsp. 
  3. ↑ Market Hours, Korea Exchange via Wikinvest
  4. ↑ "UN Secretary-General Joins Business Leaders in Seoul, Calls for Urgent Action on Poverty, Climate Change and Conflict". UN Global Compact. https://www.unglobalcompact.org/news/1881-05-19-2015. 



IndustrySemiconductors
FoundedFebruary 1, 1997; 28 years ago (1997-02-01)
Headquarters
Bucheon, 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.[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

  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). https://www.reuters.com/article/us-chip-shortage-analysis-idUSKBN28R0ZL. 
  2. ↑ "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. 
  3. ↑ 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. 
  4. ↑ 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/. 
  5. ↑ 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. 
  6. ↑ 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?utm_source=KK. 



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