SK hynix plans to invest 20 trillion won in Cheongju to expand its high-bandwidth memory (HBM) production capacity. This move is interpreted as an effort to maintain its leading position amid intensifying HBM competition.On April 24, SK hynix announced that its board of directors has approved the pr
The operating profits of the four major domestic groups -- Samsung, SK, Hyundai Motor, and LG -- last year showed a decrease of over 65 percent compared to 2022.The Korea CXO Research Institute, specializing in corporate analysis, released a report containing the findings on April 24.Specifically, t
Samsung Electronics has launched a next-generation NAND flash product with the industry’s highest-stacked semiconductor cells. With the surge in artificial intelligence (AI) demanding vast amounts of image and video data, the value of NAND storage is also rising.On April 23, Samsung Electronics anno
Samsung Electronics and SK hynix did not pay corporate taxes last year as they both recorded operating losses due to the downturn in the semiconductor industry.According to Samsung Electronics’ business report released on April 23, the company recorded an operating loss of 11.52 trillion won (US$8.3
The author is an analyst for NH Investment & Securities. He can be reached at youngryu@nhqv.com. -- Ed.Noise appearing here and there; market expectations being adjustedAfter ASML and TSMC announced weaker-than-expected 1Q24 results and negative market outlooks, tech firms have experienced overall s
Both Samsung Electronics and SK hynix, the two leading semiconductor giants in South Korea, closed lower. The decline was influenced by a simultaneous sharp drop in semiconductor stock prices, with Nvidia falling by 10 percent in the U.S. market.In the KOSPI market on April 22, Samsung Electronics c
With the ongoing competition in the AI semiconductor sector, the foundry (contract chip manufacturing) industry is facing a new challenge due to stagnant demand and overcapacity. Concurrently, the rivalry for dominance in the high-bandwidth memory (HBM) segment, a crucial component in AI, is intensi
Lee Jae-yeon, vice president of SK hynix’s next-generation semiconductor research and development division, the Global Revolutionary Technology Center, stated on April 22 that “Emerging Memory will set a new paradigm for the AI era.”Emerging Memory refers to memory technology based on new forms or p
lecom. The goal is to boost AI service competitiveness by leveraging Korea’s world-leading semiconductor and communication technologies. As Microsoft and the Tech Big 4 have much to offer each other in business structures, this AI collaboration is expected to be a win-win for both parties.On April 2
Samsung Electronics and SK hynix are engaging in fierce competition to lead the next-generation semiconductor market in the age of artificial intelligence (AI). Both companies are striving to gain an edge through new product development and mass production timing. With Intel joining the fray, the gl
Kwak Noh-jung, president of SK hynix, has emphasized the dangers of concentrating semiconductor supply chains in specific regions, highlighting the importance of cooperation between South Korea and the United States. His remarks came after disruptions in semiconductor production due to COVID-19 and
Japanese NAND flash semiconductor manufacturer Kioxia is reportedly reigniting merger plans with Western Digital (WD), but SK hynix remains steadfast in its opposition.According to industry sources on April 18, including reports from the Yomiuri Shimbun, Kioxia may pursue a listing on the Tokyo Stoc
SK Group has embarked on a significant business restructuring, focusing on the future expansion of new businesses in fields like semiconductors, artificial intelligence, and carbon neutrality.According to industry sources on April 17, SK networks plans to use the proceeds from the sale of SK Rent-a-
In the midst of U.S. President Joe Biden emphasizing Texas as a pivotal player in the advanced semiconductor ecosystem due to Samsung Electronics’ significant investment, a competitive landscape with Arizona, which is attracting TSMC plants, is anticipated. The battle between Texas and Arizona could
It has been revealed that the market capitalization of the domestic stock market surged by nearly 100 trillion won in the first quarter of this year.According to the corporate analysis firm Korea CXO Research Institute on April 16, the total market capitalization of 2,692 stocks, excluding preferred
A forecast suggests that SK hynix’s operating profit is expected to surge to around 2 trillion won, marking a turnaround to profitability compared to the same period last year, ahead of the earnings announcement scheduled for April 25.According to financial information provider FnGuide on April 16,
The NAND flash market, which experienced a significant contraction last year due to a slowdown in the Information Technology (IT) market, is poised for a sharp recovery this year, bolstered by increasing demand for Artificial Intelligence (AI).According to industry sources on April 15, TrendForce, a
Kwak No-jeong, president of SK hynix, is set to deliver a keynote speech on Artificial Intelligence (AI) at a semiconductor event in Washington, D.C. in the U.S.According to industry sources on April 15, Purdue University and Senator Todd Young will host an event titled “CHIPS for America, Action fo
SK hynix’s stock price is approaching 200,000 won and continues its rally to a new high, with foreign investors’ share reaching a record high.According to the Korea Exchange on April 13, foreign investors’ share of SK hynix as of the previous day stood at 54.90 percent, marking the highest level on
As the global semiconductor hegemony intensifies, companies are fiercely competing in investments. Samsung Electronics is expected to announce additional investments locally, following substantial subsidies received by competitors Intel and Taiwan’s TSMC from the U.S. government.Compared to this, do