On Wednesday, Hyundai Semiconductor announced the latest plan to become the world's number one chip maker within a decade by investing in next-generation products on a large scale.

According to Agence France-Presse, as the company's president, Hyundai Semiconductor Kim Jong Kap said that a number of companies have expressed interest in acquiring a 36% stake in Hyundai Semiconductor, which was handed over during the 1997 Asian financial crisis. Corporate creditors and are currently held by them. Hyundai Semiconductor is currently the world's fifth-largest memory chip maker. In a statement, the company said it plans to increase its sales from $7.7 billion last year to $18 billion in 2010, and that number will reach $2 million by 2012. Recorded $25 billion. "From today, the company will enter a period of rapid development through large-scale investment, and in 2017, both scale and quality have won the first place in the global memory chip market.

Hyundai Semiconductor said it plans to invest one-tenth of the company's total revenue into the R&D process, while continuing to build and upgrade production lines. The company plans to build a next-generation memory chip in 2009 called the item-changing memory PRAM, and industry analysts predict that the technology standard will become the mainstream of the industry in the future, replacing the high-density flash format in the next decade. So far, Hyundai Semiconductor has not disclosed the name of the company's bidder. In fact, 36% of the shares held by Hyundai Semiconductor creditors will expire this year. “Although many companies have shown interest, considering the size of our overall size, a single acquirer is not easy to find. But perhaps financial investors will acquire this part of the shares in an alliance.” Hyundai is currently South Korea. The ninth largest company, the total market capital reached $19.3 billion. In 2000, the company was on the verge of bankruptcy, but at that time creditors injected $4.6 billion to help modernize the reorganization. In mid-2006, the company's net profit increased by 10.7% to 2.19 billion US dollars, and successfully completed the restructuring plan.


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