SEOUL, Aug. 12 (Korea Bizwire) — SK hynix Inc. said Friday it aims to select a site for a semiconductor packaging plant in the United States as early as in the first quarter of next year. Earlier in the day, Reuters reported that the world’s second-largest memory chip maker aims to invest billions of dollars [...]
SEOUL, Aug. 3 (Korea Bizwire) — SK hynix Inc. said Wednesday it has developed the NAND flash with the industry’s highest vertical layers that enable improved productivity and fast data transfer. The world’s second largest memory chip maker said its 238-layer 4D NAND flash is the “most layered and smallest” in size, during the Flash [...]
SEOUL, Aug. 2 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, said Tuesday it has wrapped up a 576 billion-won (US$492 million) acquisition of local chip contract manufacturer Key Foundry. The company said it has recently completed the official acquisition process of the 8-inch wafer foundry manufacturer from Magnus Investment Partners LLC, a [...]
SEOUL, July 27 (Korea Bizwire) — SK hynix Inc. said Wednesday it logged record quarterly sales and the best second-quarter operating profits in four years, driven by the sales of NAND flash and positive currency effects. The world’s second-largest memory chip maker reported its second-quarter net income of 2.87 trillion won (US$2.2 billion), up 44.7 [...]
SEOUL, July 19 (Korea Bizwire) — SK hynix Inc. suspended a factory expansion plan as global economic uncertainty is growing with red-hot inflation squeezing consumers’ buying power for electronic devices, sources said Tuesday. The world’s second-largest memory chip maker decided to hold off a capacity addition plan at its Cheongju campus during a board meeting [...]
SEOUL, July 8 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Thursday that it will launch a program with its chipmaking affiliate SK hynix Inc. to share their practical knowledge and know-how in the areas of semiconductors and artificial intelligence (AI) with local universities. The two companies will establish an online [...]
SEOUL, July 5 (Korea Bizwire) — SK hynix Inc. said Tuesday it has set up makeshift tents for workers in its chip fabrication factory in Wuxi, China, to prevent a potential citywide COVID-19 lockdown from disrupting its production. Eastern cities in China, including Wuxi, have recently reported an increasing number of coronavirus infections, raising fears [...]
SEOUL, June 24 (Korea Bizwire) — South Korea’s top two chipmakers — Samsung Electronics Co. and SK hynix Inc. — are coming up with ways to ensure work-life balance for employees. During a recent meeting with female employees, Samsung Vice Chairman Han Jong-hee announced that the company will introduce a reboarding program for employees returning [...]
SEOUL, June 9 (Korea Bizwire) — SK hynix Inc. said Thursday it has begun mass production of a high-end product known as the world’s fastest DRAM and will supply it to American graphics-chip maker Nvidia. It came seven months after the South Korean chipmaker said it successfully developed the High Bandwidth Memory 3 (HMB3) that [...]
SEOUL, May 26 (Korea Bizwire) – Samsung Electronics Co. and SK hynix Inc. took up more than half of the global NAND flash memory chip market in the first quarter, a report showed Thursday, up by more than 8 percent from the previous quarter. Samsung, the world’s largest memory chip maker, expanded its market share [...]