Jongwon Chon

SK hynix Inc. Reports Third Quarter 2022 Results

Retrieved on: 
Wednesday, October 26, 2022
Time, HBM3, 4D, Personal computer, Growth, Dram, Income, SK, DRAM, Artificial intelligence, NAND, Jongwon Chon, Yoy, CMO, Quarter, OP, Tobacco

* SK hynix reported 13.81 trillion won in revenues, 4.19 trillion won in operating profit, and net income 2.88 trillion won in the second quarter of 2022

Key Points: 
  • * SK hynix reported 13.81 trillion won in revenues, 4.19 trillion won in operating profit, and net income 2.88 trillion won in the second quarter of 2022
    SK hynix analyzed that revenues fell QoQ as both sales volume and price decreased due to sluggish demand for DRAM and NAND products amid worsening macroeconomic environment worldwide.
  • SK hynix diagnosed that the semiconductor memory industry is facing an unprecedented deterioration in market conditions as uncertainties in the business environment continued.
  • Meanwhile, SK hynix predicted that supply will continue to exceed demand for the time being.
  • SK hynix also revealed that it plans to gradually reduce production volume focusing on relatively less profitable products.

SK hynix Inc. Reports Second Quarter 2022 Results

Retrieved on: 
Wednesday, July 27, 2022
NAND, DRAM, SK, Growth, CMO, Personal computer, Jongwon Chon, Income, Memory, COVID-19, Airline

SEOUL, South Korea, July 26, 2022 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com ) reported today revenues of 13.81 trillion won, operating profit of 4.19 trillion won (with operating margin of 30%), and net income of 2.88 trillion (with net income margin 21%) in the second quarter of 2022.

Key Points: 
  • SEOUL, South Korea, July 26, 2022 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com ) reported today revenues of 13.81 trillion won, operating profit of 4.19 trillion won (with operating margin of 30%), and net income of 2.88 trillion (with net income margin 21%) in the second quarter of 2022.
  • This is the first time that SK hynix has posted revenues over 13 trillion won in a single quarter.
  • "Although DRAM product prices fell during the second quarter, revenues increased as NAND prices rose and overall sales volume increased," the company said.
  • However, SK hynix predicted that memory demand would slow in the second half of the year.

SK hynix to Supply Industry's First HBM3 DRAM to NVIDIA

Retrieved on: 
Thursday, June 9, 2022
HBM, Leadership, FHD, Korea Exchange, Company, Jongwon Chon, Global depository receipt, Artificial intelligence, DRAM, SK, Multimedia, Memory, HBM3, HBM2, Dynamic random-access memory, Adoption, NVIDIA, Industry, High Bandwidth Memory, H100, GB, Computer data storage, Video game console

Mass production of world's best-performing DRAM, HBM3, comes just seven months after development announcement

Key Points: 
  • Mass production of world's best-performing DRAM, HBM3, comes just seven months after development announcement
    SEOUL, South Korea, June 8, 2022 /PRNewswire/ --SK hynix Inc. (or "the company", www.skhynix.com ) announced that it began mass production of HBM3, the world's best-performing DRAM.
  • HBM3 DRAM is the 4th generation HBM product, succeeding HBM (1st generation), HBM2 (2nd generation) and HBM2E (3rd generation).
  • SK hynix will provide HBM3 for NVIDIA systems expected to ship starting in the third quarter of this year.
  • Kevin (Jongwon) Noh, president and chief marketing officer at SK hynix, states that the company has secured top-notch competitiveness in the premium DRAM market through its close work with NVIDIA.

SK hynix Reports First-Quarter 2022 Financial Results

Retrieved on: 
Wednesday, April 27, 2022
Technology, SK, Jongwon Chon, Industry, SK Hynix, Female, NAND, OP, Airline, Computer data storage

A smaller-than-expected fall in memory chip prices and revenues of Solidigm, which was incorporated as SK hynix's subsidiary at the end of 2021, contributed to the earnings.

Key Points: 
  • A smaller-than-expected fall in memory chip prices and revenues of Solidigm, which was incorporated as SK hynix's subsidiary at the end of 2021, contributed to the earnings.
  • "SK hynix responded to customer demand in a flexible way, while focusing on profitability management, resulting in handsome earnings."
  • Following a thorough analysis of the reason and close consultation with the customer, SK hynix decided to start a compensation process including product exchange for the customer.
  • As demand for server chips is on the rise, the memory business will improve into the second half," Kevin (Jongwon) Noh, chief marketing officer at SK hynix, said.

SK hynix and Solidigm Introduce First Collaborative Product

Retrieved on: 
Monday, April 4, 2022
Company, SK Hynix, LinkedIn, Leadership, Investment, DRAM, Flash memory, Multimedia, Korea Exchange, CMO, Peripheral Component Interconnect, PCI Express, SK, Peripheral, Dynamic random-access memory, Global depository receipt, AnadoluJet, NAND, Jongwon Chon, Industry, Technology, TB, Twitter, Generation IV reactor, CA, Intel, Solution, SAN, SSD, Partnership, Video game console, Synthetic rubber, Computer data storage

SAN JOSE, Calif. and SEOUL, South Korea, April 4, 2022 /PRNewswire/ -- Today SK hynix and Solidigm jointly introduced their first collaborative product, a new enterprise solid-state drive (eSSD), P5530. This limited release product highlights the emerging partnership between SK hynix and Solidigm, which formed three months ago when SK hynix acquired Intel's NAND and SSD business.

Key Points: 
  • SK hynix and Solidigm unveil their first technology and product collaboration, which combines SK hynix's 128-layer NAND Flash with Solidigm's SSD controller and firmware expertise.
  • Additionally, the collaboration between SK hynix and Solidigm reflects their commitments to strengthening their investments in US R&D, as part of SK hynix's "Inside America Strategy."
  • SAN JOSE, Calif. and SEOUL, South Korea, April 4, 2022 /PRNewswire/ -- Today SK hynix and Solidigm jointly introduced their first collaborative product, a new enterprise solid-state drive (eSSD), P5530.
  • This limited release product highlights the emerging partnership between SK hynix and Solidigm, which formed three months ago when SK hynix acquired Intel's NAND and SSD business.

SK hynix becomes the Industry's First to Ship 24Gb DDR5 Samples

Retrieved on: 
Wednesday, December 15, 2021
Metaverse, Korea Exchange, DRAM, SK Hynix, Company, Global depository receipt, JEDEC, TCO, DDR, ESG, Double data rate, SK, Personal computer, Machine learning, Artificial intelligence, EUV, Joint Electronics Type Designation System, Leadership, Dynamic random-access memory, Efficiency, Multimedia, Jongwon Chon, Technology, Carbon, Data center, Computer data storage, Intel, Memory, DDR5

The new 24Gb DDR5 was produced with the cutting-edge 1anm technology that utilizes EUV process.

Key Points: 
  • The new 24Gb DDR5 was produced with the cutting-edge 1anm technology that utilizes EUV process.
  • In addition, SK hynix managed to reduce the product's power consumption by *25% compared to existing products while lowering energy use in manufacturing through enhanced production efficiency.
  • SK hynix expects the product to bring about reduction in carbon emissions as well, which is meaningful in the context of ESG management.
  • Kevin (Jongwon) Noh, President and Chief Marketing Officer at SK hynix, said, "In line with the release of 24Gb DDR5, SK hynix is closely engaging with a number of customers that provides cloud services.