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SK hynix Diversifies HBM Equipment Supply Chain Amid Soaring Demand and Industry Tensions

SK hynix Diversifies HBM Equipment Supply Chain Amid Soaring Demand and Industry Tensions

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 [...]

SK hynix Completes Acquisition of Intel’s NAND Business, Eyes Aggressive SSD Expansion

SK hynix Completes Acquisition of Intel’s NAND Business, Eyes Aggressive SSD Expansion

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 [...]

Foreign Investors Favor SK Hynix, Defense Stocks in Q1 as Retail Investors Bet on Shipbuilders

Foreign Investors Favor SK Hynix, Defense Stocks in Q1 as Retail Investors Bet on Shipbuilders

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 [...]

Samsung’s Lee, SK Hynix CEO Attend Int’l Business Meeting in Beijing Hosted by Xi

Samsung’s Lee, SK Hynix CEO Attend Int’l Business Meeting in Beijing Hosted by Xi

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 [...]

SK Hynix’s Dual Supplier Strategy Intensifies Competition in Key Chip Equipment Market

SK Hynix’s Dual Supplier Strategy Intensifies Competition in Key Chip Equipment Market

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 [...]

SK Hynix’s U.S. Sales Surge as AI Memory Demand Drives Record Growth

SK Hynix’s U.S. Sales Surge as AI Memory Demand Drives Record Growth

SEOUL, March 4 (Korea Bizwire) —  SK Hynix saw a major surge in U.S. sales in 2024, fueled by booming demand for high-bandwidth memory (HBM) and AI-driven enterprise storage solutions, reinforcing the company’s position as a key supplier to American tech giants. According to SK Hynix’s latest financial disclosure on March 4, its U.S. subsidiary, SK [...]