Girish Mahajan (Editor)

SK Hynix

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Type
  
Public

Industry
  
Semiconductor

Products
  
DRAM, NAND Flash

Number of employees
  
17,130

Traded as
  
KRX: 000660

Key people
  
Sungwook Park (CEO)

Headquarters
  
Icheon, South Korea

Revenue
  
13.3 billion USD (2013)

SK Hynix httpsuploadwikimediaorgwikipediaen772SK

Founded
  
1983; 34 years ago (1983) as Hyundai Electric Industry 2001 as Hynix Semiconductors 2012 as SK Hynix

Stock price
  
000660 (KRX) ₩ 49,500 +1,050.00 (+2.17%)24 Mar, 3:30 PM GMT+9 - Disclaimer

CEO
  
Seong Wuk Park (Feb 2013–)

Sk hynix to invest 46tn won in new chip plants over 10 years ytn


SK hynix Inc. (KRX: 000660) is a South Korean memory semiconductor supplier of dynamic random access memory (DRAM) chips and flash memory chips. Hynix is the world's second-largest memory chipmaker (after Samsung Electronics) and the world's fifth-largest semiconductor company. Founded as Hyundai Electronic Industrial Co., Ltd. in 1983 and known as Hyundai Electronics, the company has manufacturing sites in Korea, the US, China and Taiwan. In 2012, when SK Telecom became its major shareholder, Hynix merged to SK Group (the third largest conglomerate in South Korea). The company's shares are traded on the Korea Stock Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange.

Contents

Hynix memory is used by Apple in some of their iMac, MacBook and MacBook Pro computers. Apple's latest A9 chipset is onboard together with a SK Hynix RAM module believed to be "likely the same 2 GB LPDDR4 mobile DRAM found in the iPhone 6s". Hynix memory is also used by Asus in their Google-branded Nexus 7 tablet, an OEM provider for IBM System x servers, and is used in PC desktops as well as the ASUS Eee PC. Dell and Hewlett-Packard have also used Hynix memory as OEM equipment. Other products that use Hynix memory include DVD players, cellular phones, set-top boxes, personal digital assistants, networking equipment, and hard disk drives.

Semiconductor day of korea 20121025 kwon ceo of sk hynix media meeting


History

  • 1949 Originally incorporated under the laws of the Republic of Korea
  • 1983 Founded as Hyundai Electronics Industries Co., Ltd. (The name Hynix comes from Hy in Hyundai and nix [from nics in Electronics])
  • 1985 Started mass production of 256K DRAM
  • 1986 The Hyundai-manufactured Blue Chip PC was sold in discount and toy stores throughout the US. It is one of the earliest PC clones marketed toward consumers instead of business.
  • 1993 Took over Maxtor (US HDD main factory)
  • 1996 Initial public offering on the Korea Stock Exchange
  • 1999 Merged with LG Semiconductor Co., Ltd.
  • 2000 Spun off Hyundai Image Quest, Hyundai Autonet and Hyundai Calibration & Certification Technologies
  • 2001 Changed the company name to Hynix Semiconductor Inc.; spun off Hyundai Syscomm, Hyundai CuriTel, and Hyundai Networks; completed spin-off from Hyundai Group
  • 2002 Sold HYDIS, TFT-LCD Business Unit
  • 2004 Signed System IC Business Transfer Agreement with System Semiconductor
  • 2005 Emerged from Corporate Restructuring Promotion Act ahead of schedule
  • 2006 Posted record the highest revenues since foundation
    Established global manufacturing network with complete construction of Hynix-ST Semiconductor Inc.
    Hynix's wholly owned manufacturing subsidiary in China
  • 2007 Appointed Jong-Kap Kim as the new chairman & CEO
  • 2009 Company put up for sale by its lenders after it defaulted on loans and a subsequent debt-equity swap
  • 2010 Fine of €51.47 million for illegally fixing prices with eight other memory chip makers.
    In January 2010, Hynix Semiconductor Inc was put up for sale in an auction valued at close to $3 billion.
    On August 31, 2010, HP announced collaboration with Hynix to bring memristor to high volume manufacturing step (targeted for 2013).
  • 2012 SK Group, the third-largest conglomerate in South Korea, acquired a 21.05% stake in Hynix.
  • 2013 Fab 1 and Fab 2 in China both suffered a massive fire which took the factories offline temporarily.
  • 2014 SK Hynix acquired the firmware division of Softeq Development FLLC to make it a part of its global R&D network alongside Italy-based Ideaflash S.r.l, Link_A_Media Devices and Violin Memory in the US, and Taiwanese Innostor Technology.
  • Products

    Hynix produces a variety of semiconductor memories, such as:

  • Computing memory
  • Consumer and network memory
  • Graphics memory
  • Mobile memory
  • NAND flash
  • CMOS image sensor
  • Solid state drives (SSD)
  • References

    SK Hynix Wikipedia