Hynix Semiconductor Inc. (KRX: 000660 is a South Korean memory semiconductor supplier of dynamic random access memory ('DRAM') chips and flash memory chips. Founded in 1983, Hynix is the world's second-largest memory chipmaker, the largest being Samsung Electronics. Formerly known as Hyundai Electronics, the company has manufacturing sites in Korea, the U.S., China [2] and Taiwan. The company's shares are traded on the Korea Stock Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange. Hynix memory is used by Apple Inc. in some of their MacBook and Macbook Pro computers, is an OEM provider for IBM System x servers, and is used in PC desktops as well as the ASUS Eee PC. In 2011, Hynix is due to release an 84-nm pitch memory project for the production of 1-Gbit phase-change memories and beyond.
[edit] Figures
- The world's sixth largest semiconductor company [3]
- The world's second-largest maker of memory chips [4]
- The largest share in Chinese market[citation needed]
A 1GB DDR2 SO-DIMM Hynix Memory chip
- In January 2010, Hynix Semiconductor Inc was put up for sale in an auction valued at close to $3 billion. A committee of nine creditors-turned-shareholders, including Shinhan Bank and Woori Bank, has unanimously agreed to restart the sale in a public auction, Korea Exchange Bank (KEB), Hynix's largest shareholder, said on November 25. "It is not the time to discuss a block sale," KEB said in a statement. The sale will be advertised to domestic companies around December 20 and KEB expects to receive letters of intent by the end of January.[5]
[edit] History
- 1949 Originally incorporated under the laws of the Republic of Korea[6]
- 1985 Started mass production of 256K DRAM
- 1993 Took over Maxtor (US HDD main factory)
- 1996 Initial public offering on the Korea Stock Exchange[6]
- 1999 Merged with LG Semiconductor Co., Ltd.[6]
- 2000 Spun off Hyundai Image Quest, Hyundai Autonet and Hyundai Calibration & Certification Technologies
- 2001 Changed the Company name to "Hynix Semiconductor Inc.";[6] spun off Hyundai Syscomm, Hyundai CuriTel, and Hyundai Networks; Completed spin-off from Hyundai Group;[6]
- 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 Mr. 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 euro for illegally fixing prices with 8 other memory chip makers.[7]
- 2010 On 31 August 2010, HP announced collaboration with Hynix to bring memristor to high volume manufacturing step (targeted for 2013). Memristor is going to be the next-generation of non-volatile memories and has also shown computational capability.[8]
[edit] Products
Hynix produces a variety of semiconductor memories.
- Computing Memory
- Consumer & Network Memory
- Graphics Memory
- Mobile Memory
- NAND Flash
- CMOS Image Sensor
- EOL Products
[edit] See also
[edit] References
[edit] External links
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Consulting and
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Personal computers
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Telecommunications
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Methodology: FY2010/11 applicable revenues of over: group 1-10 and 12 - US$3 billion; group 11 - US$10 billion
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US$ 6.8 billion (2010)[1]
US$ 298.4 million (2010)
