Hynix

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Hynix Semiconductor Inc.
Type Public
Founded 1983
Headquarters Icheon, South Korea
Key people CEO Jong-Kap Kim
Industry Semiconductor
Products DRAM, NAND Flash
Website http://www.hynix.co.kr , http://www.hynix.com
Hynix
Hangul 하이닉스 반도체
Hanja 하이닉스 半導體
Revised Romanization Hainikseu Bandoche
McCune–Reischauer Hainiksŭ Pandoch'e

Hynix Semiconductor Inc. KRX: 000660 of South Korea is a memory semiconductor supplier of dynamic random access memory ('DRAM') chips and flash memory chips. Formerly known as Hyundai Electronics, the company has manufacturing sites in Korea, the U.S., China 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 in some MacBook Pro computers and in PC desktops as well as the ASUS Eee PC.

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[edit] Figures

  • The world's sixth largest semiconductor company [1]
  • The world's second-largest maker of memory chips [2]
  • The largest share in Chinese market
  • Hynix Semiconductor Inc will be put up for sale next month 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.[3]

[edit] Milestones

  • 2009 Company put up for sale by its lenders after it defaulted on loans and a subsequent debt-equity swap
  • 2007 Achieved the top-level operating profit margin
    Appointed Mr. Jong-Kap Kim as the new chairman & CEO
  • 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
  • 2005 Emerged from Corporate Restructuring Promotion Act ahead of schedule
  • 2004 Signed System IC Business Transfer Agreement with System Semiconductor
  • 2002 Sold HYDIS, TFT-LCD Business Unit
  • 2001 Changed the Company name to "Hynix Semiconductor Inc."; spun off Hyundai Syscomm, Hyundai CuriTel, and Hyundai Networks; Completed spin-off from Hyundai Group;
  • 2000 Spun off Hyundai Image Quest, Hyundai Autonet
  • 1999 Merged with LG Semiconductor Co., Ltd.
  • 1996 Initial public offering
  • 1993 Took over Maxtor (US HDD main factory)
  • 1985 Started mass production of 256K DRAM
  • 1983 Founded as Hyundai Electronics Industries Co., Ltd.

[edit] References

[edit] External links