SEOUL, April 24 (Korea Bizwire) — SK hynix Inc. said Thursday its first-quarter net profit more than quadrupled on rising demand for artificial intelligence (AI) chips, including high bandwidth memory (HBM), exceeding market expectations. The world’s second-largest memory chipmaker said in a regulatory filing that its net income reached 8.1 trillion won (US$5.7 billion) for [...]
SEOUL, April 23 (Korea Bizwire) — SK hynix Inc. said Wednesday its 96 gigabyte double data rate 5 (DDR5) memory chips have passed customer validation, marking a key step toward production readiness. The new product, known as CMM-DDR5, is a dynamic random access memory (DRAM) solution for data center servers. When integrated into server systems, [...]
SEOUL, April 22 (Korea Bizwire) — As SK hynix accelerates its push to expand high-bandwidth memory (HBM) production, the company is working to stabilize its supply of a critical manufacturing tool — the thermal compression (TC) bonder — by diversifying its vendor base. The move comes amid a global surge in demand for HBM, driven largely [...]
SEOUL, April 9 (Korea Bizwire) — For the first time in its history, SK Hynix has overtaken Samsung Electronics to claim the top spot in the global DRAM market, driven by surging demand for high-bandwidth memory (HBM) used in AI servers. According to data released Tuesday by Counterpoint Research, SK Hynix captured a 36% share of [...]
SEOUL, March 29 (Korea Bizwire) — SK hynix announced Friday that it has completed its acquisition of Intel’s NAND memory business, solidifying its strategic push into the enterprise solid-state drive (SSD) market as demand for AI-driven data storage continues to soar. According to a regulatory filing with South Korea’s Financial Supervisory Service, the transaction was officially [...]
SEOUL, March 29 (Korea Bizwire) — In the first quarter of 2025, foreign investors significantly increased their holdings in South Korean semiconductor and defense stocks, led by SK Hynix, while retreating from shipbuilding and automotive shares, according to data from the Korea Exchange. From January to March 28, foreign investors were net sellers of 4.73 trillion [...]
BEIJING, March 28 (Korea Bizwire) — Samsung Electronics Co. Chairman Lee Jae-yong and SK hynix Inc. Chief Executive Officer (CEO) Kwak Noh-jung met Chinese President Xi Jinping in Beijing on Friday with other global business leaders. The meeting was held at around 11 a.m. with CEOs from other global companies that participated in the China [...]
SEOUL, March 20 (Korea Bizwire) — Chip giant SK hynix Inc. said Thursday its U.S. sales accounted for over 60 percent of its total revenue last year on rising demand for artificial intelligence (AI) chips from major U.S. tech companies. According to a financial report released by SK hynix, revenues from the United States totaled [...]
SEOUL, March 19 (Korea Bizwire) — SK hynix Inc. said Wednesday it has shipped samples of the next-generation high bandwidth memory (HBM), 12-layer HBM4, to its major customers for the first time in the world. “The samples were delivered ahead of schedule based on SK hynix’s technological edge and production experience that have led [...]
SEOUL, March 18 (Korea Bizwire) — A battle is brewing in South Korea’s semiconductor equipment industry as SK Hynix, one of the world’s largest memory chip makers, moves to diversify its suppliers of crucial chip-stacking machinery, challenging the longtime market dominance of Hanmi Semiconductor. The competition centers on thermal compression bonders (TC bonders), essential equipment used in [...]