SEOUL, Oct. 26 (Korea Bizwire) — SK hynix Inc. reported its third-quarter earnings Wednesday, falling short of analysts’ expectations on the top and bottom lines, amid a cyclical downturn of the global semiconductor industry. The chipmaker’s third-quarter net income was 1.1 trillion won (US$769.4 million), down 66.7 percent from a year earlier, according to a [...]
SEOUL, Oct. 21 (Korea Bizwire) — SK hynix Inc., the world’s second-largest memory chip maker, is expected to report disappointing third-quarter earnings next week, analysts said Friday, marking a sharp departure from record-breaking performances for the past few years, amid a cyclical downturn of the global semiconductor industry. SK hynix’s operating profit for the three [...]
SEOUL, Oct. 12 (Korea Bizwire) – SK hynix Inc., the world’s second-largest memory chip maker, said Wednesday it has been temporarily exempted from the United States’ export control measures and is allowed to continue normal production activities in China for one year. The U.S. Department of Commerce allowed the chipmaker and its business partners to [...]
SEOUL, Oct. 11 (Korea Bizwire) — SK hynix Inc. said Tuesday it will continue efforts to ensure smooth business operations in China, following a media report that a U.S. chip equipment maker will halt offering some supplies and services to the South Korean memory chip giant’s operations in the country. Earlier in the day, Reuters [...]
SEOUL, Oct. 9 (Korea Bizwire) — Samsung Electronics Co. and SK hynix Inc. of South Korea will strive for smooth business operations in China, in spite of the latest U.S. export controls, on the basis of continued consultations with governments concerned, according to officials of the firms Sunday. The Joe Biden administration announced a set [...]
SEOUL, Oct. 6 (Korea Bizwire) — SK hynix Inc., the world’s second largest memory chip maker, said Wednesday it had expanded the share of domestically-produced neon gas used in its chip manufacturing process to 40 percent. Neon is one of the main components of excimer laser gas, which is used in photolithography. Thus far, South [...]
SEOUL, Sept. 25 (Korea Bizwire) – The third-quarter earnings outlooks for Samsung Electronics Co. and SK hynix Inc., the world’s top two leading chip manufacturers, remain largely grim due to a recent fall in global demand for memory chips, an industry data analysis showed Sunday. According to the analysis by Yonhap Infomax of earnings outlooks [...]
SEOUL, Sept. 13 (Korea Bizwire) — SK hynix Inc. said Tuesday it will start an overseas working and training program to help its employees have a broader perspective of the global semiconductor industry. The Global eXperience Program (GXP) will run for five weeks from the end of October at SK hynix’s overseas branches as well [...]
SEOUL, Sept. 6 (Korea Bizwire) — SK hynix Inc., the world’s No. 2 memory chip maker, said Tuesday it will start construction of a new 15 trillion-won (US$10.9 billion) semiconductor plant in South Korea next month to prepare for the company’s future growth. The company said it will start construction of the new fabrication plant, [...]
SEOUL, Sept. 1 (Korea Bizwire) — South Korean chipmakers Samsung Electronics Co. and SK hynix Inc. were the biggest NAND flash sellers in the world in the second quarter, an industry report showed Thursday. According to Taiwan-based market analyst firm TrendForce, Samsung’s NAND flash sales during the April-June period reached US$5.98 billion, with its global [...]