SK Hynix

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SK hynix Inc.
Native name
에스케이하이닉스 주식회사
Traded asKRX: 000660
Founded1983; 37 years ago (1983) as Hyundai Electric Industry

2001 as Hynix Semiconductors

2012 as SK hynix
HeadquartersIcheon, South Korea
Key people
Seok-hee Lee (CEO)
ProductsDRAM, NAND flash
RevenueIncrease US$35.27 billion (2018)
Increase US$18.34 billion (2018)
Increase US$13.67 billion (2018)
Total assetsIncrease US$56.08 billion (2018)
Total equityIncrease US$41.22 billion (2018)
Number of employees
Korea: 22,254 (2016)[1]
Overseas: ?
ParentSK Group Edit this at Wikidata

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)[2] and the world's 3rd-largest semiconductor company.[3] Founded as Hyundai Electronic Industrial Co., Ltd. in 1983[4] and known as Hyundai Electronics, the company has manufacturing sites in Korea, the United States, China[5] and Taiwan. In 2012, when SK Telecom became its major shareholder, Hynix merged to SK Group[4] (the third largest conglomerate in South Korea).

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".[6] 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.[2] Other products that use Hynix memory include DVD players, cellular phones, set-top boxes, personal digital assistants, networking equipment, and hard disk drives.[7]

In May 2020, SK Hynix became the first Korean semiconductor company to share its sensitive technical data with a research institute (Korea Advanced Institute of Science and Technology) in real time through the cloud to further enhance its R&D process. [8]


  • 1983: Founded as Hyundai Electronics Industries Co., Ltd.[4]
  • 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.[9]
  • 1993: Took over Maxtor (US HDD main factory)
  • 1996: Initial public offering on the Korea Stock Exchange[10]
  • 1999: Merged with LG Semiconductor Co., Ltd, then a division of LG Electronics.[4][10][11][12]
  • 2000: Spun off Hyundai Image Quest, Hyundai Autonet and Hyundai Calibration & Certification Technologies
  • 2001: Changed the company name to Hynix Semiconductor Inc.[10] (from Hyundai Electronics); spun off Hyundai Syscomm, Hyundai CuriTel, and Hyundai Networks; completed spin-off from Hyundai Group[10]
  • 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.[13]
    In January 2010, Hynix Semiconductor Inc was put up for sale in an auction valued at close to $3 billion.[14][15]
    On 31 August 2010, HP announced collaboration with Hynix to bring memristor to high volume manufacturing step (targeted for 2013).[16]
  • 2012: SK Group, the third-largest conglomerate in South Korea, acquired a 21.05% stake in Hynix.[17]
  • 2013: Fab 1 and Fab 2 in China both suffered a massive fire which took the factories offline temporarily.[18]
  • 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.[19][20]
  • 2020 Hynix announces agreement to purchase Intel's NAND business for $9 billion, expected to close in 2021.[21]


A 512 MB DDR 333 MHz SO-DIMM Hynix memory module

Hynix produces a variety of semiconductor memories, including:

See also[edit]


  1. ^ "사 업 보 고 서". Retrieved 22 June 2017.
  2. ^ a b Lee, Youkyung (26 July 2012). "SK Hynix sinks to loss on oversupply, weak demand". Seoul, South Korea. Retrieved 11 June 2013.
  3. ^ "Gartner Says Worldwide Semiconductor Revenue Grew 22.2 Percent in 2017; Samsung Takes Over No. 1 Position". Gartner. 4 January 2018.
  4. ^ a b c d "Investor Relations: FAQ". SK hynix. Archived from the original on 30 December 2012. Retrieved 11 June 2013.
  5. ^ Hynix completes new chip plant in China, Yonhap News Agency, 17 June 2010.
  6. ^ By Paul Briden, Know Your Mobile. “iPhone SE One Week Later: "Adoption Has Been Low".” 8 April 2016.
  7. ^ "Analysis of SK hynix". Dublin: Research and Markets. Retrieved 11 June 2013.
  8. ^ "SK Hynix shares sensitive data with research institute in real time". Relevant Research. Retrieved 14 May 2020.
  9. ^ "IBM home computer clones stream in with quality, low prices". Christian Science Monitor. 4 November 1986. 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.
  10. ^ a b c d "Hynix Annual Report 2003". 2003. Archived from the original on 27 September 2011. Retrieved 30 August 2011.
  11. ^ Journal, Hae Won ChoiStaff Reporter of The Wall Street (16 March 1999). "LG Semicon Sale Is Seen Helping LG Electronics" – via
  12. ^ "Hyundai And LG Semicon To Merge Chip Ops". EETimes. 24 September 1998.
  13. ^ "EU fines Samsung Elec, others for chip price-fixing".
  14. ^ Business Week, 15 December 2009.
  15. ^ "UPDATE 1-Hynix stake up for sale in auction again in Dec". Reuters. 25 November 2009. Retrieved 11 June 2013.
  16. ^ HP Collaborates with Hynix to Bring the Memristor to Market in Next-generation Memory,, 2010.
  17. ^ Hynix names Chey as co-CEO as SK completes $3 billion deal, Reuters, 14 February 2012.
  18. ^ Hynix says fire did not cripple China chip-making plant, Reuters, 4 September 2013.
  19. ^ "SK hynix acquires Softeq's firmware". 5 June 2014. Retrieved 11 May 2015.
  20. ^ "SK hynix to Acquire Firmware Business of Belarus-based Softeq". Archived from the original on 19 May 2015. Retrieved 11 May 2015.
  21. ^ "South Korea's SK Hynix to buy Intel's NAND business for $9 billion". 20 October 2020. Retrieved 20 October 2020.

External links[edit]