SEOUL, May 11 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, said Monday that it created 4.88 trillion won (US$4.37 billion) worth of social value last year through environment, social and governance (ESG) management, up 36 percent from 3.58 trillion won a year ago. It made an indirect economic contribution of 5.37 [...]
SEOUL, April 28 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, said Wednesday its first-quarter net profit jumped 52.9 percent from a year earlier thanks to strong demand for memory chips for mobile and computer products. Its net profit stood at 992.6 billion won (US$893.9 million) in the first quarter of the year, [...]
SEOUL, April 13 (Korea Bizwire) — Samsung Electronics Co. maintained the status as the world’s second-largest semiconductor vendor by revenue last year, industry data showed Tuesday, amid rising demand of memory products on the back of the pandemic-induced stay-at-home economy. Samsung’s chip business logged US$57.7 billion in revenue last year, up 10.2 percent from a [...]
SEOUL, April 9 (Korea Bizwire) – SK hynix Inc., South Korea’s No. 2 chipmaker, has no plan to retrieve its investment in Japanese semiconductor firm Kioxia Holdings Corp., its CEO said Friday, amid growing speculation over consolidation in the NAND industry. In 2017, SK hynix joined a global consortium to invest in Kioxia, then known [...]
SEOUL, April 7 (Korea Bizwire) – SK hynix Inc., South Korea’s second-largest chipmaker, is in talks with German auto parts giant Robert Bosch GmbH over a long-term supply of automotive memory semiconductors, industry sources said Wednesday. SK hynix, the world’s No. 2 DRAM vendor, is reportedly seeking to supply automotive DRAM chips to Bosch for [...]
SEOUL, March 30 (Korea Bizwire) — SK hynix Inc. will focus on improving profitability of its NAND business following its deal to buy Intel Corp.’s non-volatile memory unit, its chief executive officer said Tuesday. Lee Seok-hee told shareholders that SK hynix is committed to becoming the global leader in the NAND industry with the acquisition [...]
SEOUL, March 22 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, on Monday unveiled its technology road map for the memory chip industry, highlighting that reliability will be the major requirement for its future growth. SK hynix CEO Lee Seok-hee introduced the company’s vision for the industry at the International Reliability Physics Symposium, [...]
SEOUL, March 8 (Korea Bizwire) – SK hynix Inc., South Korea’s No. 2 chipmaker, said Monday it has begun mass-production of a mobile DRAM that offers the industry’s largest capacity. SK hynix said 18-gigabyte low-power double data rate (LPDDR) 5 is in mass production and that the company supplied its very first products to Asus’ [...]
SEOUL, March 4 (Korea Bizwire) — Samsung Electronics Co. further expanded its dominance in the global DRAM market in the fourth quarter of 2020, a report showed Thursday, with revenue increase. The South Korean tech giant, also the leader in the NAND flash sector, had a 42.1 percent share of the global DRAM flash market [...]
SEOUL, March 3 (Korea Bizwire) — Samsung Electronics Co. further upped its leadership in the global NAND flash market in the fourth quarter of 2020, a report showed Wednesday, despite revenue decline. The South Korean tech giant, also the leader in the DRAM sector, had a 32.9 percent share of the global NAND flash market [...]