SEOUL, June 9 (Korea Bizwire) — South Korean chip giant SK hynix Inc. ranked first in operating profit among 1,000 major listed firms here in 2024, surpassing its longtime rival Samsung Electronics Co. for the first time, a corporate tracker said Monday. According to CXO Institute, which surveyed the earnings results of the top 1,000 [...]
HBM boom propels SK hynix to global leadership in shifting memory landscape SEOUL, June 5 (Korea Bizwire) — In a historic reshuffling of the global memory chip hierarchy, SK hynix has edged past long-dominant rival Samsung Electronics in dynamic random access memory (DRAM) market share — the first such shift since Samsung took the top [...]
SEOUL, May 30 (Korea Bizwire) — Following a historic year of profitability, the white-collar labor union at SK Hynix has entered annual wage negotiations with a bold proposal: an 8.25% salary increase alongside expanded performance bonuses and benefits. The first round of 2025 wage talks was held on May 28 at the company’s Icheon campus, marking [...]
SEOUL, May 22 (Korea Bizwire) —SK hynix Inc. said Thursday it has developed a mobile universal flash storage (UFS) chip based on the world’s highest 321-layer 1 terabit NAND flash technology, delivering faster, more power-efficient data processing tailored for on-device artificial intelligence (AI). The new UFS 4.1 product offers a 7 percent improvement in power [...]
TAIPEI, May 20 (Korea Bizwire) — Nvidia Corp. chief executive officer (CEO) Jensen Huang on Tuesday made a surprise visit to the booth of South Korea’s SK hynix Inc. at Computex 2025, a major information technology trade show held in Taiwan. Huang was personally guided through SK hynix’s booth by Kim Joo-seon, head of the [...]
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 [...]