DB HiTek

DB HiTek Co., Ltd.

Native name

| 주식회사 디비하이텍
Formerly| Dongbu HiTek
Type| Public

Traded as

Short description: Securities exchange operator in South Korea

Korea Exchange| 한국거래소

Type| Stock exchange
Location| Busan & Seoul, South Korea
Coordinates|  [ ⚑ ] 35°08′12″N 129°03′53″E﻿ / ﻿35.136721°N 129.064746°E﻿ / 35.136721; 129.064746 (Busan)
Founded| 1956; 70 years ago (1956)
Key people| Sohn Byung-doo
(Chairman & CEO)
Currency| South Korean won
No. of listings| 2,445 (as of May 2021)[1]
Market cap| ₩2,604 trillion KRW ($2.3 trillion USD)[2]
Indices| KOSPI
KOSDAQ
KRX 100
Website| www.krx.co.kr
eng.krx.co.kr
DB HiTek

Hangul|

한국거래소

Hanja|

韓國去來所

Revised Romanization| Hanguk Georaeso
McCune–Reischauer| Hanguk 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.

## Contents

* 1 History
* 2 Traded Instruments
* 3 See also
* 4 References
* 5 External links
* 6 History
* 7 See also
* 8 References
* 9 External links

## 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

* Korea Financial Investment Association
* List of East Asian stock exchanges

## 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.

## External links

* Korea Exchange Website

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Industry| Semiconductors
Founded| February 1, 1997; 29 years ago (1997-02-01)
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

* List of semiconductor fabrication plants
* Foundry model
* Semiconductor fabrication plant

## 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.

## External links

* Official website
* Business data for DB HiTek:

* Google Finance
* Yahoo! Finance
* Bloomberg

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