SEOUL, Feb. 7 (Korea Bizwire) — SK Hynix has announced that it will grant an additional 30 shares of company stock to employees as part of a ‘New Start Incentive’, following the recent distribution of a 1,500% performance-based bonus last month. According to industry sources on February 7, the company informed employees through an internal notice [...]
SEOUL, Feb. 6 (Korea Bizwire) – SK hynix Inc. said Thursday it has acquired a global certification for information security in the automobile industry for the first time as a memory company. The South Korean chip giant said all of its domestic sites in Icheon, Bundang and Cheongju have been awarded the Trusted Information Security [...]
SEOUL, Jan. 28 (Korea Bizwire) — Chipmaking giant SK hynix Inc. has surpassed its biggest rival, Samsung Electronics Inc., for the first time ever in terms of quarterly profit, data showed Tuesday, as its robust sales of artificial intelligence (AI) memory chips pushed up its fourth-quarter figures to record highs. According to its quarterly earnings report, [...]
SEOUL, Jan. 23 (Korea Bizwire) — SK Hynix announced on January 23 that it expects its revenue from high-bandwidth memory (HBM) products to more than double in 2025 compared to the previous year, fueled by rising demand from the AI market. The company plans to complete development and begin production of its sixth-generation HBM4 later this [...]
LAS VEGAS, Jan. 9 (Korea Bizwire) — South Korean chip giant SK hynix Inc. said Thursday it has partnered with SK Telecom Co. and U.S. artificial intelligence computing company Penguin Solutions Inc. to advance the AI data center industry through joint research and development and commercialization efforts. The trilateral agreement, signed on the sidelines of [...]
SEOUL, Jan. 3 (Korea Bizwire) — SK hynix Inc. said Friday it will showcase its cutting-edge artificial intelligence memory technologies at the upcoming CES 2025, presenting its vision as a comprehensive AI memory provider. The chipmaker, which currently leads the high bandwidth memory (HBM) industry, will set up a joint exhibition booth with SK Group [...]
SEOUL, Jan. 2 (Korea Bizwire) — SK hynix Inc. CEO Kwak Noh-jung said Thursday the company aims to achieve another quantum leap in artificial intelligence chip technology in 2025, continuing what he described as SK hynix’s “Renaissance.” “It is time to move beyond the achievements of the past year in every aspect,” Kwak said in [...]
SEOUL, Dec. 23 (Korea Bizwire) – The projected fourth-quarter earnings for South Korea’s semiconductor leaders, Samsung Electronics and SK Hynix, have been revised downward as prolonged economic uncertainty weighs on IT demand. A polarized market driven by robust growth in artificial intelligence (AI) chips contrasts sharply with declining legacy semiconductor demand, creating headwinds for the [...]
SEOUL, Dec. 16 (Korea Bizwire) – SK Hynix is accelerating efforts to expand its high-bandwidth memory (HBM) production capabilities by staffing its new M15X fab in Cheongju, South Korea. The move underscores the company’s commitment to maintaining its leadership in the HBM market amid robust AI-driven demand expected to outstrip supply through 2025. Preparing for Expanded [...]
SEOUL, Dec. 12 (Korea Bizwire) –In a seismic shift in South Korea’s corporate desirability rankings, SK Hynix has claimed the top spot as the most coveted workplace for 2024, according to a report released by leading recruitment platform Catch. The semiconductor giant leaped from 4th place last year, overtaking long-time favorite Samsung Electronics, which fell [...]