DB HiTek

Short description: South Korean semiconductor foundry company

DB HiTek Co., Ltd.

Native name

| 주식회사 디비하이텍
Formerly| Dongbu HiTek
Type| Public

Traded as

| KRX: 000990
Industry| Semiconductors
Founded| February 1, 1997; 26 years ago (1997-02-01)
Headquarters|

Bucheon, Gyeonggi-do

South Korea

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]

## Contents

* 1 History
* 2 See also
* 3 References
* 4 External links

## History

Dongbu Electronics was founded as a memory chip maker 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

* List of semiconductor fabrication plants

## 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.

## External links

* Business data for DB HiTek:

* Google Finance
* Yahoo! Finance
* Bloomberg

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