Sk Hynix
SK hynix Inc.
Hynix is the world's second-largest memory chipmaker (after Samsung Electronics) and the world's sixth-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 United States, mainland China and Taiwan. In 2012, when SK Telecom became its major shareholder, Hynix merged with SK Group (the third largest conglomerate in South Korea at the time).
Wiki English | |
Native name | 에스케이하이닉스 주식회사 |
|---|---|
| Company type | Public |
| KRX: 000660 | |
| Industry | Semiconductor |
| Founded | 15 October 1949 as Gukdo construction 26 February 1983 as Hyundai Electric Industry 2001 as Hynix Semiconductors 2012 as SK hynix |
| Headquarters | Icheon, South Korea |
Key people | Seok-hee Lee (CEO) |
| Products | DRAM, NAND flash |
| Revenue |  US$35.27 billion (2018) |
| US$18.34 billion (2018) | |
| US$13.67 billion (2018) | |
| Total assets | US$56.08 billion (2018) |
| Total equity | US$41.22 billion (2018) |
Number of employees | Korea: 22,254 (2016) |
| Parent | SK Group |
| Website | www |
The company's major customers include Microsoft, Apple, Asus, Dell, MSI, HP Inc., and Hewlett Packard Enterprise (formerly Hewlett-Packard). Other products that use Hynix memory include DVD players, cellular phones, set-top boxes, personal digital assistants, networking equipment, and hard disk drives.
History
- 1949: Founded as Gukdo construction.
- 1983: Incorporated and renamed as Hyundai Electronics Industries Co., Ltd.
- 1985: Started mass production of 256K DRAM under a licensing agreement with U.S. company Vitelic Corporation.
- 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 (founded in 1979), then a division of LG Electronics.
- 2000: Spun off Hyundai Image Quest, Hyundai Autonet and Hyundai Calibration & Certification Technologies
- 2001: Changed the company name to Hynix Semiconductor Inc. (from Hyundai Electronics); 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. Fined US$185M for involvement in DRAM price fixing cartel
- 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 31 August 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 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.
- 2020: Hynix announced an agreement to purchase Intel's NAND business for $9 billion, which closed in 2021. This spinoff created a new company, Solidigm, fully owned by SK Hynix.
- 2021: The company is involved in an scandal regarding defective DRAM memory.
Products
Hynix produces a variety of semiconductor memories, including:
- Computing memory
- Consumer and network memory
- Graphics memory
- Mobile memory
- NAND flash memory
- CMOS image sensors
- Solid-state drives (SSDs)
High-bandwidth memory
SK Hynix is a leader in high-bandwidth memory (HBM) used in AI. The company has started supplying the HBM3E, a fifth-generation HBM, to Nvidia.
"The memory chip market is on course for recovery this year, and AI has a huge effect over the improving market condition...We will continue investment to strengthen our technological competitiveness, but at the same time, we will also focus on ensuring profitability in our NAND memory investment processes.”
— Kwak Noh-jung, SK hynix CEO
See also
References
External links
- Official website
- Business data for SK Hynix:
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