Hynix

Sam Altman, on his trip to South Korea will be meeting top executives from South Korea's semiconductor industry. He will be meeting people from Samsung, SK Hynix, the world's two largest memory chipmakers who are actively working to build sophisticated chip plants domestically…

OpenAI CEO Sam Altman is visiting South Korea on Friday and meeting leaders of chipmakers Samsung Electronics and SK Hynix, two sources with knowledge of the matter said. Altman is expected to discuss potential partnerships for making chips, the sources said, declining to be identified. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisitIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIndian…

At a glanceExpert's Rating ProsTop 10Gbps performerCompact, rounded designConsAvailable only in pale goldPricier than the competitionOur VerdictSlightly faster, and slightly more expensive than the competition at the time of this writing, SK Hynix’s first foray into USB SSDs, the Beetle X31 is an qualified success. Best Prices Today: SK Hynix Beetle X31 USB SSD $71.06…

Last updated: June 26th, 2023 at 12:57 UTC+02:00 Samsung believes memory semiconductors will lead the charge in AI supercomputing before the end of the decade. The company is a believer in memory chips outshining Nvidia GPUs in AI server applications. And a couple of months ago, Kye Hyun Kyung said Samsung will make sure “memory semiconductor-centered supercomputers can come out by 2028.” Now, reports say Samsung is preparing to mass-produce high-bandwidth memory (HBM) chips for AI applications this year. According to…

South Korean prosecutors have arrested a former Samsung Electronics executive. The unnamed ex-exec, taken into custody last month, is charged with stealing trade secrets and attempting to use that information to build a new, copycat chip plant in China. The Suwon District Prosecutor’s Office announced its indictment of the unidentified 65-year-olddefendant in a Monday statement, according to numerous reports.Teenage Cybercrime Gang LAPSUS$ Strikes AgainGizmodo reached out to the prosecutor’s office for independent…

South Korea's SK Hynix Inc plans to expand its legacy chip production capacity at its chip manufacturing facilities in Wuxi, China, market research firm TrendForce said. The world's second-biggest memory chip maker's long-term strategy involves shifting its capacity expansion back to South Korea, while its Wuxi chip production site caters to domestic demand in China and the legacy DRAM memory chip market, the TrendForce report said. SK Hynix did not immediately respond to a Reuters request for comment on Thursday.…

SK hynix said it logged losses for the second consecutive quarter, as a worsening macroeconomic climate dented demand for semiconductors used in PCs and other digital products, and a continued chip glut wiped out profits.The world's second-largest memory chip maker said in a regulatory filing its operating losses amounted to 3.4 trillion won ($2.5 billion) in the first quarter, compared with a profit of 2.86 trillion won a year ago.Net losses came to 2.58 trillion won, turning from a profit of 1.98 trillion won a year…

SK Hynix recorded its steepest quarterly operating loss in ten years for the first quarter of 2023 but said the global memory chip market is expected to begin recovering in the second half of the year.The South Korean memory chip maker on Wednesday reported an operating loss of 3.4 trillion won for the first quarter this year, its second consecutive quarter of loss, after it recorded an operating loss of 1.89 trillion won, in the prior quarter.The global economic slowdown that started last year has soured demands for…

South Korea's SK Hynix Inc said production cuts by memory chipmakers will improve market conditions from the second half of 2023, after it reported a record quarterly operating loss on Wednesday. The firm's loss widened as a global economic slowdown worsened a memory chip glut during the first quarter, prompting sluggish demand and falling prices, SK Hynix said. However, "we expect revenue to rebound in the second quarter after bottoming out in the first, driven by a gradual increase in sales volume," SK Hynix said.…

South Korea's SK Hynix has raised $1.7 billion in its first convertible bond sale in a decade, as the world's second-largest memory chipmaker braces for deepening quarterly losses, hit by a sharp downturn in global semiconductor demand. The financing, the first such deal by the firm since it was acquired by energy to telecoms conglomerate SK Group in 2012, follows a rare $15.2 billion financing deal by cash-rich Samsung Electronics in February. SK Hynix said in a regulatory filing on Tuesday that the proceeds of the bond…