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SK HYNIX INC S/GDR 144A - HXSCL STOCK NEWS

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SK hynix Inc., a global semiconductor giant, is a leading producer of High-Bandwidth Memory (HBM) chips, making significant investments in the US to build an advanced packaging facility for AI products. With cutting-edge technology in memory chips for AI, SK hynix continues to drive innovation and establish itself as a key player in the semiconductor industry.

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SK hynix reports Q3 financial results with revenues of 9.066 trillion won, operating losses of 1.792 trillion won, and net losses of 2.185 trillion won. The company sees growth in sales of high-performance memory chips and expects a turnaround in the DRAM business. SK hynix plans to increase investments in flagship products such as HBM, DDR5, and LPDDR5 to meet new demands.
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SK hynix announces commercialization of LPDDR5T, the world's fastest DRAM for mobile, compatible with Qualcomm's new Snapdragon 8 Gen 3 Mobile Platform.
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SK hynix Chairman visits Yongin Semiconductor Cluster construction site, emphasizes future competitiveness and commitment to climate, groundbreaking for first fab planned for 2025 with completion in 2027
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SK hynix successfully develops HBM3E, the next-generation of high-performance DRAM for AI applications. Plans to mass produce from 1H24. Positive customer evaluation underway. HBM3E offers 1.15TB/s data processing speed and 10% improvement in heat dissipation. Backward compatibility enables adoption without design modification. Collaboration with NVIDIA for next-gen AI computing.
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SK hynix unveiled the development progress of the world's first NAND with more than 300 layers at FMS 2023. They showcased a sample of the 321-layer 4D NAND, which is expected to start mass production in the first half of 2025. The 321-layer NAND offers a 59% improvement in productivity compared to the previous generation. SK hynix also introduced next-generation NAND solutions optimized for AI demand, including PCIe Gen5 enterprise SSD and UFS 4.0.
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SK hynix Inc. reported financial results for Q2 2023, with revenue at 7.306 trillion won, operating loss at 2.882 trillion won, and net loss at 2.988 trillion won. The company saw a 44% sequential increase in revenue, with sales of premium products such as HBM3 and DDR5 driving the growth. The demand for AI memory is expected to remain strong, and SK hynix aims to expand sales of high-end DRAM products to accelerate earnings improvement.
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SK hynix Inc. has been awarded the ISO 37301 compliance management system and ISO 37001 anti-bribery management system certifications by the British Standards Institute. The company aims to grow into a trusted semiconductor company and will strengthen its efforts to prevent compliance risks and corruption.
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FAQ

What is SK hynix Inc. known for?

SK hynix Inc. is renowned for being a global leader in the production of High-Bandwidth Memory (HBM) chips and other advanced semiconductor solutions.

What recent investment did SK hynix make in the US?

SK hynix announced a $3.87 billion investment in West Lafayette, Indiana, to construct an advanced packaging fabrication and R&D facility for AI products, driving innovation and creating new job opportunities.

How does SK hynix plan to contribute to the semiconductor industry in Indiana?

SK hynix's new facility in Indiana will mass-produce next-generation HBM and DRAM chips, supporting the AI supply chain and establishing the region as a semiconductor hub.

What collaborations is SK hynix involved in with academic institutions?

SK hynix is collaborating with Purdue University on advanced packaging and heterogeneous integration projects, aiming to drive innovation and cultivate a skilled workforce in the semiconductor field.

What recent product development has SK hynix achieved?

SK hynix developed Zoned Universal Flash Storage (ZUFS) 4.0, a mobile NAND solution optimized for on-device AI applications, showcasing its commitment to innovation and meeting evolving market demands.

How does SK hynix plan to enhance its position in the memory solutions market?

SK hynix aims to strengthen its leadership by providing high-performance NAND solutions for on-device AI applications, aligning with the industry's evolving requirements and technological advancements.

SK HYNIX INC S/GDR 144A

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Semiconductor and Related Device Manufacturing
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United States of America
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