OTC-PINK:HXSCL

SK hynix Reports Third Quarter 2023 Financial Results

Retrieved on:

Thursday, October 26, 2023

LPDDR5, HBM, Growth, NAND, DRAM, AI, SK, TSV, Investment, Silicon, DDR5, Lead, HBM3, Through-silicon via, Video game, Computer data storage

SEOUL, South Korea, Oct. 25, 2023 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com) today reported the financial results for the third quarter ended September 30, 2023. The company recorded revenues of 9.066 trillion won, operating losses of 1.792 trillion won and net losses of 2.185 trillion won in the three-month period. The operating and net margins were a negative 20% and 24%, respectively.

Key Points:

- Technical prowess, competitive products help expand revenues, narrow operating losses
- DRAM turns around from two quarters of losses, helped by brisk sales of premium products
SEOUL, South Korea, Oct. 25, 2023 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com ) today reported the financial results for the third quarter ended September 30, 2023.
SK hynix attributed the growth in sales to increased shipments of both DRAM and NAND and a rise in the average selling price.
To meet new demands, SK hynix plans to increase investments in high-value flagship products such as HBM, DDR5, and LPDDR5.
Kim Woohyun, the chief financial officer at SK hynix, said that the company has been consolidating its position as the key player in the future AI infrastructure with its leadership in the high-performance memory market.

SK hynix's LPDDR5T, World's Fastest Mobile DRAM, Completes Compatibility Validation with Qualcomm

Retrieved on:

Wednesday, October 25, 2023

*LPDDR: Low power DRAM for mobile devices, including smartphones and tablets, aimed at minimizing power consumption and that features low voltage operation.

Key Points:

*LPDDR: Low power DRAM for mobile devices, including smartphones and tablets, aimed at minimizing power consumption and that features low voltage operation.
SK hynix has proceeded with the compatibility validation of the LPDDR5T, following the completion of the development in January, with support from Qualcomm Technologies.
SK hynix was the industry's first to integrate the process in mobile DRAM in November.
We will continue to work toward strengthening our collaboration with Qualcomm Technologies to advance the technology in this space."

SK Group Chairman Says Yongin Cluster Poised to Be Platform for Challenges and Innovation in Semiconductor History

Retrieved on:

Friday, September 15, 2023

Attention, SK Group, RE100, Failure, University, Government, Climate, Environment, Safety, SPC, Warehouse, Renewable energy, Creative industries, Metal fabrication, Chey

SK hynix said that Chairman Chey visited the site on Friday to inspect the construction progress and encourage employees as the Yongin Cluster site preparation began to pick up speed since June.

Key Points:

SK hynix said that Chairman Chey visited the site on Friday to inspect the construction progress and encourage employees as the Yongin Cluster site preparation began to pick up speed since June.
"Yongin Cluster is the most thoroughly and strategically prepared project on SK hynix history," Chey said, calling for utmost efforts to guarantee the success of the cluster.
Putting the top priority on efficiency, Chey said that the project requires more than the challenges that the company has made so far.
Chairman Chey emphasized a deep commitment to climate and environment when building Yonging Cluster, reminding the participants of SK Group's RE100 declaration.

SK hynix Develops World's Best Performing HBM3E, Provides Samples to Customer for Performance Evaluation

Retrieved on:

Monday, August 21, 2023

Graphics processing unit, HBM, SK, Information technology, DRAM, HBM3, High Bandwidth Memory, Central processing unit, NVIDIA, HPC, HBM2, Management, Video game, AI

* HBM (High Bandwidth Memory): A high-value, high-performance memory that vertically interconnects multiple DRAM chips, enabling a dramatic increase in data processing speed in comparison to earlier DRAM products.

Key Points:

* HBM (High Bandwidth Memory): A high-value, high-performance memory that vertically interconnects multiple DRAM chips, enabling a dramatic increase in data processing speed in comparison to earlier DRAM products.
HBM3E is the extended version of the HBM3 and the 5th generation of its kind, succeeding the previous generations HBM, HBM2, HBM2E and HBM3.
"We look forward to continuing our collaboration with HBM3E to deliver the next generation of AI computing."
"By increasing the supply share of the high-value HBM products, SK hynix will also seek a fast business turnaround."

SK hynix Starts Mass Production of Industry's First 24GB LPDDR5X DRAM

Retrieved on:

Friday, August 11, 2023

SK hynix, in January, developed LPDDR5T, which is an upgraded product of LPDDR5X prior to the development of the 8th generation LPDDR6, and is currently processing customer validation.

Key Points:

SK hynix, in January, developed LPDDR5T, which is an upgraded product of LPDDR5X prior to the development of the 8th generation LPDDR6, and is currently processing customer validation.
"The company integrated the High-K Metal Gate (HKMG) process in the 24 GB LPDDR5X package, enabling the product to deliver outstanding power efficiency and performance," said SK hynix.
SK hynix had become the industry's first to integrate the process in mobile DRAM in Nov. 2022.
OPPO's latest flagship smartphone 'Oneplus Ace 2 Pro', which features SK hynix's 24GB LPDDR5X package, was launched on August 10th.

SK hynix Showcases Samples of World's First 321-Layer NAND

Retrieved on:

Tuesday, August 8, 2023

SK, NAND, ChatGPT, PCI Express, Cell, UFS 4.0, SSD, UFS, TLC, Flash memory, Growth, AI, FMS, 3D printing, Computer data storage

SK hynix is the first in the industry to unveil the progress on the development of a NAND with more than 300 layers in detail.

Key Points:

SK hynix is the first in the industry to unveil the progress on the development of a NAND with more than 300 layers in detail.
"With another breakthrough to address stacking limitations, SK hynix will open the era of NAND with more than 300 layers and lead the market."
Accordingly, at the FMS, SK hynix also introduced next-generation NAND solutions optimized for such AI demand, including the enterprise SSD adopting the PCIe Gen5 interface and UFS 4.0.
"With timely introduction of the high-performance and high-capacity NAND, we will strive to meet the requirements of the AI era and continue to lead innovation."

SK hynix Reports Second Quarter 2023 Financial Results

Retrieved on:

Wednesday, July 26, 2023

ASP, SK, DRAM, LPDDR5, NAND, HBM3, ChatGPT, DDR5, SSD, DDR4, Average cost, CFO, AI, Memory, Tobacco, Computer data storage

Revenue at 7.306 trillion won, operating loss at 2.882 trillion won, net loss at 2.988 trillion won

Key Points:

Revenue at 7.306 trillion won, operating loss at 2.882 trillion won, net loss at 2.988 trillion won
Revenue rises; operating loss narrows on increased sales of premium products such as HBM3, DDR5
SEOUL, South Korea, July 25, 2023 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com ) today reported financial results for the second quarter of 2023.
"As a result, sales of premium products such as HBM3 and DDR5 increased, leading to a 44% sequential increase in revenue for the second quarter, while operating loss narrowed by 15%."
According to SK hynix, sales of both DRAM and NAND products increased in the second quarter, with higher average selling price (ASP) of DRAM largely contributing to revenue growth.
"SK hynix will strive to prop up earnings through its technological competitiveness in high-end products."

SK hynix Becomes First Semiconductor Company in Korea to Win Both ISO Compliance, Anti-Bribery Management System Certifications

Retrieved on:

Friday, July 21, 2023

Certification, ESG, ISO, BSI, Sustainability, Turkish Standards Institution, ISO 37001, Sustainability studies, Corruption, Audit

SEOUL, South Korea, July 21, 2023 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com ) announced today that it has been awarded the ISO 37301 compliance management system* and ISO 37001 anti-bribery management system** certifications issued by the British Standards Institute (BSI).

Key Points:

SEOUL, South Korea, July 21, 2023 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com ) announced today that it has been awarded the ISO 37301 compliance management system* and ISO 37001 anti-bribery management system** certifications issued by the British Standards Institute (BSI).
"We have successfully completed the preparation process and evaluation based on our compliance system currently in operation, and SK hynix, in recognition of such achievements in establishing those management systems that comply with international standards, became the first semiconductor company in Korea to receive both certifications from the BSI," the company said.
The certification award ceremony held today at SK hynix Bundang office was attended by Lim Seong-hwan, CEO of BSI Group Korea, and SK hynix Vice Presidents Kim Youn-wook (Head of Sustainability Management) and Park Su-man (Head of Ethics Management).
"Based on our world-class corporate governance, SK hynix will continue to strive to grow into a semiconductor company trusted by stakeholders," Kim added.

SK hynix Obtains AAA Ratings, Highest Level of Certification for Voluntary Compliance Trader from South Korea's Trade Ministry

Retrieved on:

Wednesday, July 5, 2023

Government, Certification, Weapon, Ministry, MOTIE, Semiconductor, Ministry of Trade, Industry and Energy, Corporate sustainability, SK, AAA, Investment, AA, Medical device

SEOUL, South Korea, July 4, 2023 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com) announced today that it has obtained the AAA certification, the highest level of voluntary compliance traders for strategic items*, from South Korea's Ministry of Trade, Industry and Energy (MOTIE).

Key Points:

SEOUL, South Korea, July 4, 2023 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com ) announced today that it has obtained the AAA certification, the highest level of voluntary compliance traders for strategic items*, from South Korea's Ministry of Trade, Industry and Energy (MOTIE).
South Korea's trade ministry selects companies with excellent export control compliance programs and categorizes them into three groups – A, AA and AAA – every year, granting the AAA ratings only to those with the most excellent export control compliance programs.
SK hynix, with its longtime efforts to improve the export control compliance program for strategic items and export control measures, has been strengthening the capabilities by making persistent investments.
Following the obtainment of its first certificate as a self-compliance trader in 2005, it has maintained its AA ratings since acquiring the status in 2014 before accomplishing the highest level of AAA this year.

SK hynix Beetle X31: SK hynix Launches its First Portable SSD for Consumer Market

Retrieved on:

Wednesday, June 21, 2023

IBM, Data-rate units, Q&A, DRAM, Marketing, Aluminium, TB, P31, Android, SSD, Gold, Reading, SK Hynix, X31, Growth, Hand, Solid-state drive, Safety, Video game, Computer data storage, Airline, Amazon, Macs

SK hynix Beetle X31 portable SSD is set to launch in global markets starting with the U.S. in June

Key Points:

SK hynix Beetle X31 portable SSD is set to launch in global markets starting with the U.S. in June
As SK hynix's first portable SSD, the X31 meets the growing demand for portable SSDs
SEOUL, South Korea, June 20, 2023 /PRNewswire/ -- SK hynix is set to release SK hynix Beetle X31, a portable solid-state drive (SSD) for consumers, in global markets starting with the U.S. later in June.
The X31 combines SK hynix's technologies which enabled optimal power consumption in the Gold P31 and the highest specifications for a consumer SSD in the Platinum P41 .
Along with the launch of the X31, what do you think is the most important factor for SK hynix to continue leading the portable SSD market?
SK hynix is proud to release a consumer product that meets the needs of everyday tasks.