SK Hynix

SK hynix announces semiconductor advanced packaging investment in Purdue Research Park

Retrieved on: 
Wednesday, April 3, 2024

WEST LAFAYETTE, Ind., April 03, 2024 (GLOBE NEWSWIRE) -- SK hynix Inc. announced Wednesday (April 3) that it plans to invest close to $4 billion to build an advanced packaging fabrication and R&D facility for AI products in the Purdue Research Park.

Key Points: 
  • WEST LAFAYETTE, Ind., April 03, 2024 (GLOBE NEWSWIRE) -- SK hynix Inc. announced Wednesday (April 3) that it plans to invest close to $4 billion to build an advanced packaging fabrication and R&D facility for AI products in the Purdue Research Park.
  • “We are excited to build a state-of-the-art advanced packaging facility in Indiana,” said SK hynix CEO Kwak Noh-Jung.
  • “SK hynix is the global pioneer and dominant market leader in memory chips for AI,” Purdue President Mung Chiang said.
  • This historic announcement is the next step in Purdue University’s persistent pursuit of semiconductor excellence as part of the Purdue Computes initiative.

Gov. Holcomb, IEDC announce generational multi-billion-dollar investment to make Indiana leader in semiconductor packaging

Retrieved on: 
Wednesday, April 3, 2024

The facility will also develop future generations of chips and house an advanced packaging R&D line.

Key Points: 
  • The facility will also develop future generations of chips and house an advanced packaging R&D line.
  • “We are excited to build a state-of-the-art advanced packaging facility in Indiana,” said SK hynix CEO Kwak Noh-Jung.
  • “We believe this project will lay the foundation for a new Silicon Heartland; a semiconductor ecosystem centered in the Midwest Triangle.
  • The IEDC also committed up to $45 million through the Industrial Development Grant Fund to support infrastructure improvements surrounding the new plant.

Global and China Automotive Memory Chip and Storage Industry Report 2024 Featuring 8 Global Chip Vendors and 20 Chinese Vendors - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 19, 2024

The "Global Automotive Memory Chip and Storage Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Automotive Memory Chip and Storage Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.
  • The global automotive memory chip market was worth USD4.76 billion in 2023, and it is expected to reach USD10.25 billion in 2028 boosted by high-level autonomous driving.
  • Currently, among Tesla's automotive memory chips, the 2nd-generation FSD has the highest bandwidth ranging from 448Gb/s to 1008GB/s.
  • 4.2 Memory Chip Application Scenario: Autonomous Driving
    4.3 Memory Chip Application Scenario: Cockpit
    4.4 Application Scenario of Memory Chips: Central Computing Units + Zonal Controllers
    4.5 Memory Chip Application Scenario: Driving Data Recording
    4.6 Memory Chip Application Scenarios: Cloud Computing and Storage

New Omdia Research Reveals 2023 Semiconductor Market Revenue down 9% from 2022

Retrieved on: 
Wednesday, March 27, 2024

Demand has softened due to macroeconomic factors, while semiconductor component supply has increased," comments Cliff Leimbach, Senior Research Analyst at Omdia .

Key Points: 
  • Demand has softened due to macroeconomic factors, while semiconductor component supply has increased," comments Cliff Leimbach, Senior Research Analyst at Omdia .
  • NVIDIA has been the clear winner in this space, more than doubling its semiconductor revenue from 2022 to $49 billion in 2023.
  • In 2023, the automotive segment exerted greater influence in the semiconductor market as it increased its revenue growth to over 15% in 2023 to over $75 billion.
  • "NVIDIA's rapid growth in semiconductor revenue has placed them as the second largest semiconductor company by revenue in 2023, trailing Intel.

Global Automotive Memory Chip and Storage Industry Report 2024: Evolution of Automotive DRAM - In the Era of Transformer Model, GDDR6 and HBM Develop Rapidly, and Storage Cost Shoots Up

Retrieved on: 
Friday, March 15, 2024

DUBLIN, March 15, 2024 /PRNewswire/ -- The "Global Automotive Memory Chip and Storage Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 15, 2024 /PRNewswire/ -- The "Global Automotive Memory Chip and Storage Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.
  • It is conceivable that by 2025, UFS 4.0 will become one of automotive storage standards, and will be applicable to different automotive EEAs.
  • Evolution of automotive DRAM: In the era of Transformer model, GDDR6 and HBM develop rapidly, and storage cost shoots up.
  • 4.2 Memory Chip Application Scenario: Autonomous Driving
    4.3 Memory Chip Application Scenario: Cockpit
    4.4 Application Scenario of Memory Chips: Central Computing Units + Zonal Controllers
    4.5 Memory Chip Application Scenario: Driving Data Recording
    4.6 Memory Chip Application Scenarios: Cloud Computing and Storage

SK hynix Unveils Roadmap for Use of Recycled Materials

Retrieved on: 
Tuesday, February 6, 2024

*Recycled Materials: Materials extracted, recovered and reprocessed from pre-consumer waste generated in the manufacturing process before arrival at end users or from post-consumer waste disposed of after use.

Key Points: 
  • *Recycled Materials: Materials extracted, recovered and reprocessed from pre-consumer waste generated in the manufacturing process before arrival at end users or from post-consumer waste disposed of after use.
  • Through this roadmap, SK hynix aims to raise the proportion of recycled materials used in the products currently manufactured by the company to 25% by 2025 and more than 30% (based on weight) by 2030.
  • As part of the plan, SK hynix will start with essential metals for semiconductor production, such as copper, tin, and gold, and replace them with recycled materials.
  • "These materials are not an offer for sale of the securities of SK hynix Inc. in the United States.

SK hynix Reports Financial Results for 2023, 4Q23

Retrieved on: 
Wednesday, January 24, 2024

SEOUL, South Korea, Jan. 24, 2024 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com) announced today that it recorded an operating profit of 346 billion won in the fourth quarter of last year amid a recovery of the memory chip market, marking the first quarter of profit following four straight quarters of losses.

Key Points: 
  • (Based on K-IFRS)
    SK hynix said that the overall memory market conditions improved in the last quarter of 2023 with demand for AI server and mobile applications increasing and average selling price (ASP) rising.
  • "We recorded the first quarterly profit in a year following efforts to focus on profitability," it said.
  • For the year of 2024, SK hynix will focus on improving profitability and efficiency through sales of value-added products, while minimizing an increase in capital expenditure for a stable operation of the business.
  • "We achieved a remarkable turnaround, marking the first operating profit in the fourth quarter following a protracted downturn, thanks to our technological leadership in the AI memory space," said Kim Woohyun, Vice President and Chief Financial Officer (CFO) at SK hynix.

Cardumen Capital raises $120 Million consolidating its position as one of Israel's most active early-stage Deep Tech investors

Retrieved on: 
Wednesday, January 17, 2024

Cardumen Capital has invested in 32 Israeli companies in AI, Cybersecurity, Big Data, and Information Communication Technologies (ICT).

Key Points: 
  • Cardumen Capital has invested in 32 Israeli companies in AI, Cybersecurity, Big Data, and Information Communication Technologies (ICT).
  • The company will continue investing in pre-seed and seed Israeli software and hardware companies at the forefront of the technological revolution.
  • Cardumen Capital aims to be the most active investor on the cap table.
  • Cardumen Capital supports and works closely with entrepreneurs in anything from business development to fundraising.

The Future is ALL ON: CES 2024 Opens, Showcasing the Latest Innovations in AI, Sustainability and Mobility

Retrieved on: 
Tuesday, January 9, 2024

Before the show even began, the most discussed topics were artificial intelligence, entertainment and office hardware, plus gaming and e-sports.

Key Points: 
  • Before the show even began, the most discussed topics were artificial intelligence, entertainment and office hardware, plus gaming and e-sports.
  • "CES is where business and policy converge, and there's no place like it for building B2B and B2C connections."
  • Attendees from across the globe travel to CES to do business efficiently and discover what's next in tech.
  • The CES App has everything you need to plan for and navigate CES.

The Future is ALL ON: CES 2024 Opens, Showcasing the Latest Innovations in AI, Sustainability and Mobility

Retrieved on: 
Tuesday, January 9, 2024

CES 2024 brings together exhibitors, attendees and media to display and dream up the technology of tomorrow.

Key Points: 
  • CES 2024 brings together exhibitors, attendees and media to display and dream up the technology of tomorrow.
  • Before the show even began, the most discussed topics were artificial intelligence, entertainment and office hardware, plus gaming and e-sports.
  • "CES is where business and policy converge, and there's no place like it for building B2B and B2C connections."
  • Founding partners include Lenovo, LG Electronics, Panasonic, Samsung and Sony Electronics Inc.
    Visit CES.tech to get live updates and streams from CES 2024.