NASDAQ-OTCBB:HXSCL

SK hynix Inc. Reports Third Quarter 2022 Results

Retrieved on: 
Wednesday, October 26, 2022
Time, HBM3, 4D, Personal computer, Growth, Dram, Income, SK, DRAM, Artificial intelligence, NAND, Jongwon Chon, Yoy, CMO, Quarter, OP, Tobacco

* SK hynix reported 13.81 trillion won in revenues, 4.19 trillion won in operating profit, and net income 2.88 trillion won in the second quarter of 2022

Key Points: 
  • * SK hynix reported 13.81 trillion won in revenues, 4.19 trillion won in operating profit, and net income 2.88 trillion won in the second quarter of 2022
    SK hynix analyzed that revenues fell QoQ as both sales volume and price decreased due to sluggish demand for DRAM and NAND products amid worsening macroeconomic environment worldwide.
  • SK hynix diagnosed that the semiconductor memory industry is facing an unprecedented deterioration in market conditions as uncertainties in the business environment continued.
  • Meanwhile, SK hynix predicted that supply will continue to exceed demand for the time being.
  • SK hynix also revealed that it plans to gradually reduce production volume focusing on relatively less profitable products.

SK hynix to Build M15X Fab in Cheongju

Retrieved on: 
Tuesday, September 6, 2022
M16, M14, Extension, Korea Exchange, SK Group, Global depository receipt, SK, M15, M11, Investment, Leadership, Future Vision Technologies, Vision, Dynamic random-access memory, Growth, Industry, Future, Renewable energy, Video game console, Company

A total of 15 trillion won will be injected over the next five years to build the fab and set up production facilities.

Key Points: 
  • A total of 15 trillion won will be injected over the next five years to build the fab and set up production facilities.
  • The fab will be a two-story building equivalent to a combination of M11 and M12 in size.
  • SK hynix has so far solidified its leadership in the memory market through preemptive and bold investments despite rapid changes in business environment.
  • The plan to build the M15X comes as SK hynix prepares for the next upturn expected to come in 2025.

SK hynix Develops World's Highest 238-Layer 4D NAND Flash

Retrieved on: 
Tuesday, August 2, 2022
Penta, TLC, TB, Flash memory, SK Hynix, Korea Exchange, Industry, Global depository receipt, NAND, World, PUC, FMS, 3D, Multimedia, B cell, SK, Achievement, Speech, Technology, Company, Efficiency, CTF, ESG, Solid-state drive, PC, Dynamic random-access memory, 3D printing, Computer data storage, Cell

World's first 238-layer 512Gb TLC 4D NAND developed in July; expected to begin mass production in the first half of 2023

Key Points: 
  • World's first 238-layer 512Gb TLC 4D NAND developed in July; expected to begin mass production in the first half of 2023
    Providing highest, smallest NAND product while remarkably improving productivity, data transfer speed and power efficiency
    SEOUL, South Korea, Aug. 2, 2022 /PRNewswire/ --SK hynix Inc. (or "the company", www.skhynix.com ) announced today that it has developed the industry's highest 238-layer NAND Flash product.
  • "SK hynix secured global top-tier competitiveness in perspective of cost, performance and quality by introducing the 238-layer product based on its 4D NAND technologies," said Jungdal Choi, Head of NAND Development at SK hynix in his keynote speech during the event.
  • * Flash Memory Summit (FMS): The world's biggest conference for NAND Flash industry taking place in Santa Clara every year.
  • Since development of the 96-layer NAND product in 2018, SK hynix has introduced a series of 4D products that outperform existing 3D products.

SK hynix Inc. Reports Second Quarter 2022 Results

Retrieved on: 
Wednesday, July 27, 2022
NAND, DRAM, SK, Growth, CMO, Personal computer, Jongwon Chon, Income, Memory, COVID-19, Airline

SEOUL, South Korea, July 26, 2022 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com ) reported today revenues of 13.81 trillion won, operating profit of 4.19 trillion won (with operating margin of 30%), and net income of 2.88 trillion (with net income margin 21%) in the second quarter of 2022.

Key Points: 
  • SEOUL, South Korea, July 26, 2022 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com ) reported today revenues of 13.81 trillion won, operating profit of 4.19 trillion won (with operating margin of 30%), and net income of 2.88 trillion (with net income margin 21%) in the second quarter of 2022.
  • This is the first time that SK hynix has posted revenues over 13 trillion won in a single quarter.
  • "Although DRAM product prices fell during the second quarter, revenues increased as NAND prices rose and overall sales volume increased," the company said.
  • However, SK hynix predicted that memory demand would slow in the second half of the year.

SK hynix to Supply Industry's First HBM3 DRAM to NVIDIA

Retrieved on: 
Thursday, June 9, 2022
HBM, Leadership, FHD, Korea Exchange, Company, Jongwon Chon, Global depository receipt, Artificial intelligence, DRAM, SK, Multimedia, Memory, HBM3, HBM2, Dynamic random-access memory, Adoption, NVIDIA, Industry, High Bandwidth Memory, H100, GB, Computer data storage, Video game console

Mass production of world's best-performing DRAM, HBM3, comes just seven months after development announcement

Key Points: 
  • Mass production of world's best-performing DRAM, HBM3, comes just seven months after development announcement
    SEOUL, South Korea, June 8, 2022 /PRNewswire/ --SK hynix Inc. (or "the company", www.skhynix.com ) announced that it began mass production of HBM3, the world's best-performing DRAM.
  • HBM3 DRAM is the 4th generation HBM product, succeeding HBM (1st generation), HBM2 (2nd generation) and HBM2E (3rd generation).
  • SK hynix will provide HBM3 for NVIDIA systems expected to ship starting in the third quarter of this year.
  • Kevin (Jongwon) Noh, president and chief marketing officer at SK hynix, states that the company has secured top-notch competitiveness in the premium DRAM market through its close work with NVIDIA.

SK hynix Generates 9.4T Won in Social Value in 2021

Retrieved on: 
Monday, May 30, 2022
Employment, SK Group, Company, Korea Exchange, Global depository receipt, Environment, Multimedia, Green, Dynamic random-access memory, Semiconductor, Life Quality Index, Reading, SK, Growth, ESG, Tobacco, Renewable energy

SEOUL, May 29, 2022 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com ) today announced that it generated 9.4173 trillion won in social value last year.

Key Points: 
  • SEOUL, May 29, 2022 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com ) today announced that it generated 9.4173 trillion won in social value last year.
  • Based on the calculations of SK Group's social-value tracking methods, SK hynix's generation surged by 93% in 2021 from 4.8887 trillion won recorded in 2020.
  • The company's performance represents more than half of 18.4 trillion won that the entire SK Group generated in social value last year.
  • By category, indirect contribution to economy such as tax payments, employment, and dividends totaled 9.7201 trillion won, while environmental performance of business activity recorded a negative 952.7 billion won and social performance of business activity reached 649.9 billion won.

SK hynix Reports First-Quarter 2022 Financial Results

Retrieved on: 
Wednesday, April 27, 2022
Technology, SK, Jongwon Chon, Industry, SK Hynix, Female, NAND, OP, Airline, Computer data storage

A smaller-than-expected fall in memory chip prices and revenues of Solidigm, which was incorporated as SK hynix's subsidiary at the end of 2021, contributed to the earnings.

Key Points: 
  • A smaller-than-expected fall in memory chip prices and revenues of Solidigm, which was incorporated as SK hynix's subsidiary at the end of 2021, contributed to the earnings.
  • "SK hynix responded to customer demand in a flexible way, while focusing on profitability management, resulting in handsome earnings."
  • Following a thorough analysis of the reason and close consultation with the customer, SK hynix decided to start a compensation process including product exchange for the customer.
  • As demand for server chips is on the rise, the memory business will improve into the second half," Kevin (Jongwon) Noh, chief marketing officer at SK hynix, said.

SK hynix and Solidigm Introduce First Collaborative Product

Retrieved on: 
Monday, April 4, 2022
Company, SK Hynix, LinkedIn, Leadership, Investment, DRAM, Flash memory, Multimedia, Korea Exchange, CMO, Peripheral Component Interconnect, PCI Express, SK, Peripheral, Dynamic random-access memory, Global depository receipt, AnadoluJet, NAND, Jongwon Chon, Industry, Technology, TB, Twitter, Generation IV reactor, CA, Intel, Solution, SAN, SSD, Partnership, Video game console, Synthetic rubber, Computer data storage

SAN JOSE, Calif. and SEOUL, South Korea, April 4, 2022 /PRNewswire/ -- Today SK hynix and Solidigm jointly introduced their first collaborative product, a new enterprise solid-state drive (eSSD), P5530. This limited release product highlights the emerging partnership between SK hynix and Solidigm, which formed three months ago when SK hynix acquired Intel's NAND and SSD business.

Key Points: 
  • SK hynix and Solidigm unveil their first technology and product collaboration, which combines SK hynix's 128-layer NAND Flash with Solidigm's SSD controller and firmware expertise.
  • Additionally, the collaboration between SK hynix and Solidigm reflects their commitments to strengthening their investments in US R&D, as part of SK hynix's "Inside America Strategy."
  • SAN JOSE, Calif. and SEOUL, South Korea, April 4, 2022 /PRNewswire/ -- Today SK hynix and Solidigm jointly introduced their first collaborative product, a new enterprise solid-state drive (eSSD), P5530.
  • This limited release product highlights the emerging partnership between SK hynix and Solidigm, which formed three months ago when SK hynix acquired Intel's NAND and SSD business.

SK hynix Develops PIM, Next-Generation AI Accelerator

Retrieved on: 
Tuesday, February 15, 2022
Ecosystem, Global depository receipt, Memory, AI, CEO, GDDR3, ISSCC, Company, GDDR, SK, GDDR5, JEDEC, Brain, Carbon, Movement, International, Efficiency, DRAM, Silicon, Accelerator, GDDR5X, SK Telecom, PIM, Technology, International Solid-State Circuits Conference, GPU, Dynamic random-access memory, Korea Exchange, Machine learning, Multimedia, Conference, ESG, GDDR6, CPU, Joint Electronics Type Designation System, Solution, Mobile phone, Video game console

SK hynix, following its challenge to such notion and efforts to pursue innovation in the next-generation smart memory, has found a breakthrough solution with the development of the latest technology.

Key Points: 
  • SK hynix, following its challenge to such notion and efforts to pursue innovation in the next-generation smart memory, has found a breakthrough solution with the development of the latest technology.
  • SK hynix plans to showcase its PIM development at the world's most prestigious semiconductor conference, 2022 ISSCC*, in San Francisco at the end of this month.
  • This, accordingly, helps SK hynix meet its commitment to ESG management by reducing carbon emissions of the devices that adopt this product.
  • SK hynix also plans to introduce a technology that combines GDDR6-AiM with AI chips in collaboration with SAPEON Inc., an AI chip company that recently spun off from SK Telecom.