SEOUL, Dec. 16 (Korea Bizwire) – SK Hynix is accelerating efforts to expand its high-bandwidth memory (HBM) production capabilities by staffing its new M15X fab in Cheongju, South Korea. The move underscores the company’s commitment to maintaining its leadership in the HBM market amid robust AI-driven demand expected to outstrip supply through 2025. Preparing for Expanded [...]
SEOUL, Dec. 12 (Korea Bizwire) –In a seismic shift in South Korea’s corporate desirability rankings, SK Hynix has claimed the top spot as the most coveted workplace for 2024, according to a report released by leading recruitment platform Catch. The semiconductor giant leaped from 4th place last year, overtaking long-time favorite Samsung Electronics, which fell [...]
SEOUL, Nov. 27 (Korea Bizwire) – SK hynix Inc. on Wednesday announced plans to increase dividend payouts by 25 percent per share by 2027 as part of a broader strategy to boost corporate value amid the chipmaker’s rapid growth in the artificial intelligence (AI) chip market. As part of its new shareholder return program, the [...]
SEOUL, Nov. 21 (Korea Bizwire) — SK hynix Inc. said Thursday it has started mass production of the industry’s first triple-level cell-based 321-layer NAND flash memory chips. NAND flash memory is a non-volatile memory storage medium that is widely used in memory cards, USB drives, solid-state drives (SSDs) and smartphones for general storage and transfer [...]
SEOUL, Nov. 8 (Korea Bizwire) – A Chinese national and former SK Hynix employee has been sentenced to 18 months in prison and fined 20 million won for misappropriating critical semiconductor technology before taking a position at Huawei. The Yeoju branch of the Suwon District Court found the 36-year-old female defendant guilty of violating South Korea’s [...]
SEOUL, Oct. 30 (Korea Bizwire) – With the U.S. presidential election just a week away, American protectionist policies appear to be intensifying, creating complex calculations for South Korean companies trying to maintain their competitive edge in a rapidly evolving global market. While U.S.-China tensions are expected to continue regardless of who wins, the candidates’ divergent approaches [...]
SEOUL, Oct. 29 (Korea Bizwire) – In a significant shift within South Korea’s semiconductor industry, SK Hynix is seeing an unprecedented wave of employees returning after leaving for longtime rival Samsung Electronics, highlighting the company’s growing prominence in the global memory chip market. Industry insiders have dubbed these employees “Ha-Sam-Ha,” referring to those who moved from [...]
SEOUL, Oct. 27 (Korea Bizwire) – SK hynix Inc., South Korea’s second-biggest chipmaker after Samsung Electronics Co., is likely to overtake the bigger rival this year for the first time in the chip business’ annual operating profit, brokerages said Sunday. SK hynix currently dominates the market for high-bandwidth memory (HBM) semiconductors used in artificial intelligence [...]
SEOUL, Oct. 25 (Korea Bizwire) – SK Hynix reported its highest-ever quarterly revenue and a dramatic return to profitability in the third quarter, driven by surging demand for artificial intelligence memory chips. The South Korean memory chip maker announced on October 24 that its revenue jumped 93.8% year-over-year to 17.57 trillion won in the July-September period, [...]
SEOUL, Sept. 26 (Korea Bizwire) — SK hynix Inc., the world’s second-largest memory chipmaker, said Thursday it has begun mass production of 12-layer high bandwidth memory (HBM) chips, the first in the world, solidifying its competitive edge over rivals. The new 36-gigabit 12-layer HBM3E chip will be supplied to its customers, including U.S. AI chip [...]