SEOUL, May 4 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, held a picnic day in which the company rented the entire Legoland from Friday to Sunday, inviting 10,000 employees and their family members each day. The event came as part of the company’s welfare package. A grand opening of Legoland, a [...]
SEOUL, April 27 (Korea Bizwire) — SK hynix Inc. reported strong first-quarter earnings Wednesday on the back of robust chip demand for servers despite being in the traditionally low season. Net income rose 99.8 percent on-year to reach 1.98 trillion won (US$1.6 billion), the chipmaker said in a regulatory filing. The figure is lower than [...]
SEOUL, March 30 (Korea Bizwire) — SK hynix Inc., the world’s second largest memory chip maker, is reviewing to acquire British semiconductor company Arm Ltd. with strategic partners, its top executive said Wednesday. “We are reviewing possibly forming a consortium, together with strategic partners, to jointly acquire it,” Park Jung-ho, vice chairman and CEO of [...]
SEOUL, March 29 (Korea Bizwire) — Samsung Electronics Co. and SK hynix Inc., the world’s two largest memory chip makers, are forecast to report robust earnings in the first quarter, despite a hike in raw material prices and continued global supply woes, a financial data firm said Tuesday. Samsung is estimated to log 13.89 trillion [...]
SEOUL, Feb. 8 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, is now the main sponsor for the domestic tournament of mega-hit video game “PlayerUnknown’s Battlegrounds” organized by Krafton Inc. A total of 128 influencers participated in the tournament held last weekend. The world’s largest DRAM producer marketed its Double Data Rate [...]
SEOUL, Feb. 7 (Korea Bizwire) — South Korea’s top two chipmakers — Samsung Electronics Co. and SK hynix Inc. — have been having difficulty procuring equipment essential to the operation of their chip fabrication facilities. Both companies mentioned the prolonged lead time, the time it takes for a product or service to go through all [...]
SEOUL, Jan. 28 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, on Friday reported strong fourth-quarter earnings, helped by solid memory chip demand for servers and smartphones. Net profit for the three months that ended in December leaped 87.5 percent from a year earlier to 3.31 trillion won (US$2.8 billion). Operating profit [...]
LAS VEGAS, Jan. 8 (Korea Bizwire) — SK hynix Inc., a South Korean memory chip maker, has said it will invest in the joint establishment of a chip firm in the United States with two other subsidiaries of South Korean conglomerate SK Group to diversify its product portfolio and expand its global business. The world’s [...]
SEOUL, Jan. 2 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Sunday it has moved up a notch to receive an A in the MSCI ESG Ratings assessment. MSCI, or Morgan Stanley Capital International, is an American rating agency that measures, among other things, a company’s resilience to long-term, financially relevant environmental, social [...]
SEOUL, Dec. 30 (Korea Bizwire) — SK hynix Inc, South Korea’s key memory chip maker, said Thursday it has closed the first phase of the transaction to acquire Intel’s NAND and solid-state drive (SSD) business, and will name the newly established subsidiary Solidigm. The announcement came eight days after it received the merger clearance from [...]