CHEONGJU, South Korea, Feb. 6 (Korea Bizwire) — A record-setting bonus payout by SK hynix, fueled by the chipmaker’s strongest performance on record, is reverberating far beyond company walls, lifting consumer sentiment, real estate prices and even municipal finances in the central city of Cheongju. The company on Friday distributed performance bonuses under its profit-sharing program [...]
SEOUL, Feb. 5 (Korea Bizwire) — South Korea’s surging semiconductor stocks, which have powered the domestic market rally since the start of the year, are now delivering outsized gains in the exchange-traded fund market as well. According to Koscom’s ETF Check data released Thursday, semiconductor-focused ETFs heavily weighted toward Samsung Electronics and SK hynix dominated the [...]
SEOUL, Feb. 5 (Korea Bizwire) — SK Hynix, fresh off its strongest year on record, will award employees bonuses totaling 2,964 percent of monthly base pay — the largest payout in the chipmaker’s history — as it seeks to cement its lead in the intensifying global race for semiconductor talent. The performance-based payout, known internally as [...]
SEOUL, Jan. 29 (Korea Bizwire) – SK hynix Inc. said Thursday it will seek to secure overwhelming leadership in sixth-generation high bandwidth memory (HBM), or HBM4, as it did in previous generations, amid expected competition with Samsung Electronics Co. “(The company) aims to take an overwhelming market share in the HBM4 sector, as we did [...]
SEOUL, Jan. 28 (Korea Bizwire) – South Korean tech giant SK hynix Inc. said Wednesday it will launch a new U.S.-based artificial intelligence (AI) arm, committing a US$10 billion investment. SK hynix said in a release that the new subsidiary, tentatively named AI Co., will focus on “securing opportunities in the emerging AI era.” The [...]
SEOUL, Jan. 28 (Korea Bizwire) — SK hynix, South Korea’s second-largest semiconductor maker, said on Wednesday that it posted the strongest financial results in its history in 2025, propelled by surging demand for advanced memory chips used in artificial intelligence systems — and overtaking longtime rival Samsung Electronics in operating profit for the first time. The [...]
SEOUL, Jan. 28 (Korea Bizwire) – SK hynix Inc. has secured over two-thirds of high-bandwidth memory (HBM) supply orders from U.S. tech giant Nvidia Corp. to be used in producing the Vera Rubin artificial intelligence (AI) platform this year, sources said Wednesday. According to the sources, Nvidia has allocated about 70 percent of its HBM4 demand [...]
SEOUL, Jan. 27 (Korea Bizwire) – SK hynix Inc. has been named the exclusive supplier of high-bandwidth memory (HBM) for U.S. tech giant Microsoft Corp.’s latest artificial intelligence (AI) chip, sources said Tuesday. According to the sources, the South Korean chipmaker was tapped as the sole supplier of HBM3Es, the fifth-generation of HBM, for Microsoft’s [...]
SEOUL, Jan. 19 (Korea Bizwire) – SK hynix Inc. said Monday its automotive dynamic random-access memory (DRAM) chip has received a top safety rating from a German technical service organization, underscoring its reliability for vehicles’ autopilot systems and other safety-related features. The South Korean chipmaker said its LPDDR5X automotive DRAM has obtained the Automotive Safety [...]
SEOUL, Jan. 17 (Korea Bizwire) — SK Hynix said it will once again offer employees the option to receive part of their annual performance bonuses in company shares, extending a shareholder participation program introduced last year, even as potential changes to corporate law cast uncertainty over the program’s future. The memory chipmaker announced Thursday that employees [...]