SEOUL, Feb. 8 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, is now the main sponsor for the domestic tournament of mega-hit video game “PlayerUnknown’s Battlegrounds” organized by Krafton Inc. A total of 128 influencers participated in the tournament held last weekend. The world’s largest DRAM producer marketed its Double Data Rate [...]
SEOUL, Feb. 7 (Korea Bizwire) — South Korea’s top two chipmakers — Samsung Electronics Co. and SK hynix Inc. — have been having difficulty procuring equipment essential to the operation of their chip fabrication facilities. Both companies mentioned the prolonged lead time, the time it takes for a product or service to go through all [...]
SEOUL, Jan. 28 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, on Friday reported strong fourth-quarter earnings, helped by solid memory chip demand for servers and smartphones. Net profit for the three months that ended in December leaped 87.5 percent from a year earlier to 3.31 trillion won (US$2.8 billion). Operating profit [...]
LAS VEGAS, Jan. 8 (Korea Bizwire) — SK hynix Inc., a South Korean memory chip maker, has said it will invest in the joint establishment of a chip firm in the United States with two other subsidiaries of South Korean conglomerate SK Group to diversify its product portfolio and expand its global business. The world’s [...]
SEOUL, Jan. 2 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Sunday it has moved up a notch to receive an A in the MSCI ESG Ratings assessment. MSCI, or Morgan Stanley Capital International, is an American rating agency that measures, among other things, a company’s resilience to long-term, financially relevant environmental, social [...]
SEOUL, Dec. 30 (Korea Bizwire) — SK hynix Inc, South Korea’s key memory chip maker, said Thursday it has closed the first phase of the transaction to acquire Intel’s NAND and solid-state drive (SSD) business, and will name the newly established subsidiary Solidigm. The announcement came eight days after it received the merger clearance from [...]
SEOUL, Dec. 23 (Korea Bizwire) – The removal of the last regulatory hurdle for SK hynix Inc.’s acquisition of Intel Corp’s non-volatile memory business will likely accelerate the chipmaker’s plan to expand its presence and enhance competitiveness in the global NAND market, analysts said Thursday. On Wednesday, the Chinese antitrust regulator gave the much-awaited green [...]
SEOUL, Dec. 22 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Wednesday it has received approval from Chinese authorities for its takeover of Intel Corp.’s NAND memory chip business, clearing the final hurdle for the merger process. SK hynix received “merger clearance from the Chinese antitrust authority, State Administration for Market Regulation, for [...]
SEOUL, Dec. 6 (Korea Bizwire) — South Korean retail investors have been snapping up shares of electric vehicle-themed exchange traded fund (ETF) while dumping shares of Samsung Electronics Co. and SK hynix Inc., data showed Sunday. The most-sold stocks by retail investors during the five weeks from Nov. 1 to Dec. 3 were the two [...]
SEOUL, Dec. 1 (Korea Bizwire) — A semiconductor industry tracker on Wednesday cut in half its growth projection of the global memory chip market next year. World Semiconductor Trade Statistics (WSTS), a nonprofit organization of chipmakers, forecast the memory market to expand 8.5 percent year-on-year to US$171.6 billion next year, down from a growth rate [...]