SK Hynix Archives | Be Korea-savvy
S. Korea Seeks to Expand Presence in Foundry, Non-memory Biz

S. Korea Seeks to Expand Presence in Foundry, Non-memory Biz

SEOUL, Apr. 22 (Korea Bizwire) — South Korea’s major chipmakers are stepping up efforts to expand their presence in the foundry and non-memory businesses to diversify portfolios that heavily rely on memory chips in search of new growth engines, industry officials said Monday. Samsung Electronics Co. and SK hynix Inc. hold over 60 percent of [...]

S. Korea Eyes Non-memory Chips as New Growth Engine

S. Korea Eyes Non-memory Chips as New Growth Engine

SEOUL, Apr. 1 (Korea Bizwire) — The party is over for South Korean memory chip makers after a two-year boom, and deep-pocketed industry leaders are now looking to the future to find the new growth drivers in the non-memory chip business. Samsung Electronics Co. and SK hynix Inc., the world’s two largest memory chip makers, [...]

SK hynix Unveils 1.2 tln-won Support Plan for Semiconductor Cluster

SK hynix Unveils 1.2 tln-won Support Plan for Semiconductor Cluster

SEOUL, Mar. 28 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, on Thursday unveiled a 1.2 trillion-won (US$1.05 billion) support plan for subcontracting firms and their R&D projects as it won approval for its plan to build a semiconductor cluster in the Seoul metropolitan area. Under the project, valued at 120 trillion [...]

SK hynix Wins Nod to Build Semiconductor Cluster Near Seoul

SK hynix Wins Nod to Build Semiconductor Cluster Near Seoul

SEOUL, Mar. 27 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, on Wednesday won approval for its plan to build a semiconductor cluster in the Seoul metropolitan area as the government decided to lift development regulations in the region. The update on the project, valued at 120 trillion won (US$136 billion) came [...]

Samsung, SK hynix Suffer Sharp Cuts in Earnings Forecasts

Samsung, SK hynix Suffer Sharp Cuts in Earnings Forecasts

SEOUL, Mar. 19 (Korea Bizwire) – South Korean brokerage houses have sharply downgraded their first-quarter earnings forecasts for Samsung Electronics Co. and SK hynix Inc., citing tumbling memory chip prices, a corporate tracker said Tuesday. The market consensus of Samsung’s operating profit for the January-March period stands at 8.33 trillion won (US$7.36 billion), down about 47 percent [...]

Samsung, SK hynix Dominate Global Chip Market in 2018

Samsung, SK hynix Dominate Global Chip Market in 2018

SEOUL, Mar. 4 (Korea Bizwire) — South Korean chip giants Samsung Electronics Co. and SK hynix Inc. retained their combined leading spot in the global semiconductor market in 2018, an industry tracker said Monday. Samsung’s sales of dynamic random-access memory (DRAM) chips came to US$43.75 billion last year, taking up 43.9 percent of the world [...]

S. Korea’s Gov’t Eases Regulations to Support SK hynix’s New Chip Cluster

S. Korea’s Gov’t Eases Regulations to Support SK hynix’s New Chip Cluster

SEOUL, Feb. 22 (Korea Bizwire) — The South Korean government said Friday it will move to lift regulations to pave the way for the country’s No. 2 chipmaker SK hynix Inc.’s to build a semiconductor cluster in the Seoul metropolitan area. The Ministry of Trade, Industry and Energy said it plans to request the Ministry [...]

SK hynix Pushes to Create Semiconductor Cluster in Yongin

SK hynix Pushes to Create Semiconductor Cluster in Yongin

SEOUL, Feb. 21 (Korea Bizwire) — SK hynix Inc., the world’s second-largest memory chip maker, said Thursday it has officially expressed interest in creating a semiconductor cluster in Yongin, Gyeonggi Province, about 50 kilometers south of Seoul. A special purpose company has submitted a letter of investment intent, for investing in Yongin, to the city’s [...]