SEOUL, Sept. 16 (Korea Bizwire) – SK hynix Vice Chairman Park Jung-ho said Friday his company stopped doing business with Huawei Technologies Co., following U.S. chip sanctions against China in 2020 and has not supplied semiconductors to the Chinese smartphone maker. Last week, the chipmaker said it opened an internal investigation into how its memory [...]
SEOUL, Sept. 7 (Korea Bizwire) — SK hynix Inc. said Thursday it began an internal investigation into how its memory chips ended up in a new smartphone made by Huawei Technologies Co. Bloomberg News previously reported that the South Korean chipmaker’s DRAM — LPDDR5 — and NAND Flash memory are used in the Chinese tech [...]
SEOUL, Sept. 7 (Korea Bizwire) — SK Hynix announced on Wednesday the remarkable success of its “New Code of Conduct” video series, which garnered an impressive 15.18 million views in just over a month on YouTube. Previously, the company had introduced short-form ESG campaign content titled “We Do Green Technology” and the captivating “TOP 6 [...]
SEOUL, Aug. 10 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will hold Memory Tech Day 2023 in October in the United States to share its newest chip technologies and products with technicians and industry officials worldwide. The event is scheduled to take place in San Jose, California, on Oct. 20, beginning with an [...]
SEOUL, Aug. 6 (Korea Bizwire) – Samsung Electronics Co. retained its top spot in the global memory chip market in the first quarter despite lackluster earnings amid the chip glut, a report showed Sunday. SK hynix Inc., on the other hand, was pushed back to third place from No. 2 compared with a year earlier, [...]
SEOUL, July 26 (Korea Bizwire) — SK hynix Inc. said Wednesday it logged losses for three quarters in a row as a demand slump continued amid macroeconomic woes, but it called the bottom on the chip market. The world’s second-largest memory chip maker said in a regulatory filing its operating losses amounted to 2.88 trillion [...]
SEOUL, July 10 (Korea Bizwire) — SK hynix Inc. said Monday it was mulling selling a water processing facility to SK reit Co. to secure funds for future investment and enhance financial soundness. The world’s second-largest memory chip maker said the potential sale of the “non-core asset” to the real estate investment trust company, another [...]
SEOUL, July 5 (Korea Bizwire) — SK hynix Inc. said Wednesday it received the AAA certification from the South Korean government for a voluntary compliance trader of strategic assets. The Ministry of Trade, Industry and Energy upgraded SK hynix’s status by one notch to the highest level of the three-tier system for trading key products [...]
SEOUL, June 25 (Korea Bizwire) – SK hynix Inc. and the chip division of Samsung Electronics Co. are expected to post quarterly losses in the second quarter after reporting losses in the previous three months as the chip downturn drags on, market data showed Sunday. Samsung Electronics is projected to report an operating profit of [...]
SEOUL, June 13 (Korea Bizwire) — South Korea’s chip industry is keeping close tabs on the status of exemptions from Washington’s export control measures designed to limit China’s access to advanced chip technologies following a report that such exemptions could be extended. The Wall Street Journal reported Monday that Alan Estevez, under secretary of commerce [...]