SEOUL (Reuters) – South Korea’s SK Hynix, the world no.2 memory chip maker, will invest 103 trillion won ($74.6 billion) through 2028 to strengthen its chips business, focusing on AI, its parent SK Group said on Sunday. SK Group also said it plans to secure 80 trillion won by 2026 to invest in artificial intelligence […]
Prosecutors in South Korea have charged a Chinese national who worked in defect analysis at SK hynix with stealing semiconductor technology. The accused allegedly took thousands of pages of information about front-end semiconductor technology for Chinese chipmaker Huawei. The unidentified woman was arrested at a South Korean airport in April 2024, according to Gyeonggi Nambu […]
SEOUL (Reuters) – South Korea’s SK Hynix has agreed to sell its nearly 50% stake in its foundry unit based in China to a Chinese state-owned enterprise, according to regulatory filings and media reports. SK Hynix System IC said in a regulatory filing that it plans to sell a 21.3% stake in its foundry unit […]
By Joyce Lee and Heekyong Yang ICHEON, South Korea (Reuters) -South Korea’s SK Hynix said on Thursday its high-bandwidth memory (HBM) chips used in AI chipsets were sold out for this year and almost sold out for 2025 as businesses aggressively expand artificial intelligence services. The Nvidia supplier and the world’s second-largest memory chipmaker will […]
South Korean memory chipmaker SK Hynix expects high-bandwidth memory (HBM) chips catering to AI chipsets to constitute a double-digit percentage of its DRAM chip sales in 2024, per CEO Kwak Noh-Jung. In March, the Nvidia Corp (NASDAQ:NVDA) supplier began commercializing the next-generation advanced HBM chips. Nvidia is likely the beneficiary of SK Hynix’s initial shipments, Reuters reports. Also Read: Micron’s […]
(Bloomberg) — Investors are bullish on the chance for more gains in shares of Nvidia Corp.’s top memory supplier SK Hynix Inc., which remain cheap even after a huge runup. Most Read from Bloomberg The South Korean company’s stock has surged 96% since the start of last year, far outpacing memory rivals Samsung Electronics Co. […]