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 3rd-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, 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.
|Traded as||KRX: 000660|
|Founded||1983 as Hyundai Electric Industry
2001 as Hynix Semiconductors2012 as SK Hynix
|Headquarters||Icheon, South Korea|
|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)|
Hynix memory is used by Apple in some of their iMac, MacBook and MacBook Pro computers. Apple's A9 chipset is onboard together with an 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 (both 2012 and 2013 models), an OEM provider for IBM System x servers, and is used in desktop PCs and laptops as well as the Asus Eee PC, Dell, HP Inc., and Hewlett Packard Enterprise (formerly 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.
- 1983 Founded as Hyundai Electronics Industries Co., Ltd.
- 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. (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 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.
Hynix produces a variety of semiconductor memories, such as:
- "사 업 보 고 서". dart.fss.or.kr. Retrieved June 22, 2017.
- Lee, Youkyung (26 July 2012). "SK Hynix sinks to loss on oversupply, weak demand". Seoul, South Korea. Retrieved 11 June 2013.
- "Gartner Says Worldwide Semiconductor Revenue Grew 22.2 Percent in 2017; Samsung Takes Over No. 1 Position". Gartner. January 4, 2018.
- "Investor Relations: FAQ". SK Hynix. Archived from the original on 30 December 2012. Retrieved 11 June 2013.
- Hynix completes new chip plant in China, Yonhap News Agency, 17 June 2010.
- By Paul Briden, Know Your Mobile. “iPhone SE One Week Later: "Adoption Has Been Low".” April 8, 2016. April 8, 2016.
- "Analysis of SK Hynix". Dublin: Research and Markets. Retrieved 11 June 2013.
- "IBM home computer clones stream in with quality, low prices". Christian Science Monitor. 1986-11-04.
Hyundai, the South Korean maker of one of the hottest and cheapest compact cars on sale in the United States, is beginning to hawk its Blue Chip Computer in more than 500 discount stores nationwide. The unit is compatible with the IBM PC-XT.
- "Hynix Annual Report 2003". Hynix.com. 2003. Archived from the original on 2011-09-27. Retrieved 2011-08-30.
- "EU fines Samsung Elec, others for chip price-fixing".
- Business Week, 15 December 2009.
- "UPDATE 1-Hynix stake up for sale in auction again in Dec". Reuters. 25 November 2009. Retrieved 11 June 2013.
- HP Collaborates with Hynix to Bring the Memristor to Market in Next-generation Memory, HP.com, 2010.
- Hynix names Chey as co-CEO as SK completes $3 billion deal, Reuters, 14 February 2012.
- Hynix says fire did not cripple China chip-making plant, Reuters, 4 September 2013.
- "SK hynix acquires Softeq's firmware". koreaherald.com. 2014-06-05. Retrieved 2015-05-11.
- "SK Hynix to Acquire Firmware Business of Belarus-based Softeq". businesskorea.co.kr. Archived from the original on 2015-05-19. Retrieved 2015-05-11.