Hynix

The increased restrictions by the US on China and the policies enforced by the US government on China have put two of the top South Korean memory chipmakers—Samsung and SK Hynix—in a tough spot. The leaders of both memory chip firms are expected to visit the US next month. According to a report by BusinessKorea, Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won will accompany President Yoon Seok-yul to attend the KORUS summit scheduled for April 26. Samsung’s Lee visited China this month, which…

South Korea's SK Hynix Inc will ask the United States for a year's further exemption from chip curbs against China, the chief executive of the world's No. 2 maker of memory chips said. The company will seek the exemption after the current grace period ends in October, Chief Executive Park Jung-ho told reporters at the annual general meeting of shareholders in South Korea. "Talks between the Korea and the US governments should go well," he said. "From our end, we will also buy time and adjust our management plan. We will…

The memory chip industry is going through a historic decline in demand, with two of the worst quarterly drops on record at the end of last year.The average price for DRAM, the memory used to power phones and PCs, plummeted by 34.4% in the fourth quarter, exacerbating a 31.4% fall in the quarter before it, according to the latest figures from TrendForce. Storage memory (NAND), which is the main product sold to data centers and enterprise customers, fared only slightly better — and the two periods rank among the worst…

South Korean memory chipmaker SK Hynix recorded its first operating loss in ten years during the fourth quarter last year from sluggish demand and the steep drop in the price of memory chips. The company said on Wednesday that it recorded 7.7 trillion won in revenue and an operating loss of 1.7 trillion won during the quarter. Net loss also stood at a steep 3.5 trillion won. It is SK Hynix's first quarterly operating loss since the third quarter of 2012. After enjoying record demand prior to and during the pandemic,…

SK hynix unveiled the “world’s fastest mobile DRAM”, which it calls LPDDR5T. The “T” stands for “Turbo” as the new RAM chips are 13% faster than the LPDDR5X RAM that has recently started appearing on premium devices. LPDDR5T runs at 9.6Gbps compared to 8.5Gbps for 5X and 6.4Gbps for the original LPDDR5. At this speed the new RAM can go through 77GB worth of data in one second. Note that 5T is not a new generation of DRAM but rather an enhancement of 5X. The chips are based on the 1Anm process, the fourth generation of…

South Korean computer chipmaker SK Hynix said Wednesday it might be forced to sell its manufacturing operations in China if a US crackdown on exports of semiconductor technology and manufacturing equipment to China intensifies.SK Hynix's chief marketing officer, Kevin Noh, raised those concerns during a conference call on Wednesday after the company reported its operating profit dropped 60 percent in the last quarter from 2021, a decline it blamed on a deteriorating business environment.Global inflation amplified by…

SEOUL—SK Hynix Inc., one of the world’s biggest chip makers by revenue, halved its planned investments for next year due to deteriorating market conditions, as the semiconductor industry’s downturn continues.Predicting a prolonged oversupply of memory chips, the South Korea-based SK Hynix said it would cut capital expenditure by more than 50% from the current year. The company said its 2022 spending would be between 10 trillion and 20 trillion won, equivalent to between $7 billion and $14 billion. SK Hynix is a major…

South Korean chipmaker SK Hynix Inc said the memory chip market is facing an "unprecedented deterioration", as its third-quarter profit tumbled 60% amid a surge in inflation, missing expectations. "Supply will continue to exceed demand for the time being," the world's second-biggest memory chip maker said in a statement, pointing to a fall in notebook and smartphone shipments. The company said it plans reduce its investment next year by more than 50% on-year. The profit fall came as red-hot inflation hurt demand for…

SK Hynix has introduced one of the industry's first computational memory solutions (CMS) — a 512GB memory expansion module with compute capabilities and a PCIe 4.0 x4 interface with the CXL protocol on top. Aimed at big data analytics applications, the device is said to increase performance by several times when compared to CPUs in specific computations.SK Hynix's CMS carries four 128GB conventional DDR memory modules and is equipped with a system-on-chip (or maybe a set of chips) that can handle machine learning KNN…

SEOUL—South Korean memory-chip maker SK Hynix Inc. 000660 4.21% received a one-year exemption from new U.S. restrictions blocking exports of advanced chips and related equipment to China, a sign of Washington’s willingness to offer reprieves that help minimize potential disruption to global semiconductor production.The new rules, unveiled Friday by the Commerce Department, add new license requirements for advanced semiconductors and chip-making equipment destined to a…