Park Jung-ho, co-CEO and vice chairman of SK hynix, said today during an official government event that the company is considering a plan to double its production capacity. Pak said the company is considering several strategic options, including expansion of equipment at domestic sites, mergers and acquisitions. In any case, SK hynix plans to invest […]
Tag: SK Hynix
Samsung Electronics, SK Hynix and Micron Technology accused of price collusion
American law firm Hagens Berman has filed a class action lawsuit on behalf of consumers in the California Northern District Court. Samsung Electronics, SK Hynix and Micron Technology appear as defendants in the lawsuit. According to the plaintiff, the listed companies, which collectively control nearly the entire global DRAM market, have conspired to raise the […]
SK Hynix revenue for the year grew 18%, net profit – 53%
SK Hynix, the second largest manufacturer of memory chips, has released its latest quarterly report. Since her financial year start coincides with the beginning of the calendar year, this was the report for the first quarter of 2021. The reporting period brought the South Korean company $ 7.63 billion in revenue. Operating income for the […]
SK Hynix and Bosch are close to a long-term agreement on the supply of microcircuits for automotive electronics
SK Hynix, the second largest manufacturer of memory chips in the world, is close to signing a long-term deal to supply these products to German automotive electronics manufacturer Robert Bosch GmbH. The companies are in talks to enter into a supply contract of 10 years or more. This was reported by the South Korean publication […]
SK Hynix to build $ 106 billion mega-factory in South Korea
Citing a report from the South Korean media, the source claims that the South Korean government has given permission to SK Hynix to build a mega-factory designed to produce semiconductor products. The plant, which has been in the planning stage for a long time, will be located in Yongin, 50 kilometers south of Seoul. The […]
Major manufacturer of memory chips to buy equipment for EUV lithography worth $ 4.34 billion
According to the source, South Korean SK Hynix, the world’s second largest manufacturer of memory chips, has announced that it has signed a contract with ASML Holding NV. Under the terms of the five-year agreement, the Dutch semiconductor equipment manufacturer will supply SK Hynix with high-ultraviolet (EUV) photolithography machines for a total of $ 4.34 […]
Construction of the largest SK hynix plant completed
SK hynix completed the construction of the M16 plant, which began in December 2018. A total of 3.5 trillion won were invested in the project, and it was completed in just 25 months. The area of ​​the premises of the enterprise, which will be mainly occupied by the production of DRAM, is 57,000 m22… The […]
SK Hynix’s 2020 net profit is 137% higher than 2019
SK Hynix has published a report for the fourth quarter of 2020 and for the year as a whole. The report said revenue for the quarter was $ 7.12 billion. This is 15% more than in the fourth quarter of 2019. Operating income for the fourth quarter of 2020 was $ 0.86 billion, up 298%, […]