SK hynix to Exhibit AI Memory Leadership at CES 2024

Rhea-AI Summary

SK hynix Inc. (HXSCL) to Showcase Ultra-High Performance Memory Products at CES 2024, Highlighting Role of Memory Chips in AI Era

Positive

• SK hynix plans to showcase ultra-high performance memory products at CES 2024, emphasizing the significance of memory chips in the AI era.
• The company will promote its Memory Centric vision, emphasizing the pivotal role of memory products in ICT devices.
• SK hynix will display HBM3E, the world's best-performing memory product, and an AI Fortuneteller at the SK Wonderland space at CES 2024.
• The company aims to commercialize 96GB and 128GB CXL 2.0 memory solutions based on DDR5 for shipments to AI customers in the second half of the year.

Negative

• None.

• SK hynix to highlight role of memory chips in AI era
• Ultra-high performance of HBM3E, interactive AI fortuneteller to be displayed
• Company to solidify AI memory leadership, seek acceleration of business turnaround

SEOUL, South Korea, Jan. 2, 2024 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com) announced today that it will showcase the technology for ultra-high performance memory products, the core of future AI infrastructure, at CES 2024, the most influential tech event in the world taking place from January 9 through 12 in Las Vegas.

SK hynix said that it will highlight its future vision represented by its Memory Centric* at the show and promote the importance of memory products accelerating the technological innovation in the AI era and its competitiveness in the global memory markets.

*Memory Centric: An SK hynix vision where memory products play a pivotal role in ICT devices

The company will run a space titled SK Wonderland jointly with other major SK Group affiliates including SK Inc., SK Innovation and SK Telecom, and showcase its major AI memory products including HBM3E.

SK hynix plans to provide HBM3E, the world's best-performing memory product that it successfully developed in August, to the world's largest AI technology companies by starting mass production from the first half of 2024.

At SK Group's space with an amusement-park theme, SK hynix will display an AI Fortuneteller where the generative AI technology based on HBM3E is applied. The AI fortuneteller is expected to give visitors fresh fun by creating an image of their cartoon characters based on their own faces and reading New Year fortunes.

SK hynix's leading AI technology will also be displayed at the SK ICT Family Demo Room jointly run by other SK ICT companies. The company will showcase Compute Express Link(CXL**), next-generation interface, a test product of Computational Memory Solution(CMS), memory solution that integrates the computational functions of CXL, and Accelerator-in-Memory based Accelerator(AiMX***), a processing-in-memory chip-based accelerator card with low-cost and high-efficiency for generative AI.

**CXL(Compute Express Link): a PCIe-based next-generation interconnect protocol, on which high-performance computing systems are based ***AiMX(Accelerator-in-Memory based Accelerator): SK hynix's accelerator card product that specializes in large language models using GDDR6-AiM chips

Particularly, CXL memory, along with HBM, is one of the core products in the limelight with the rise of AI technology. SK hynix plans to commercialize 96GB and 128GB CXL 2.0 memory solutions based on DDR5 in the second half for shipments to AI customers.

"We are thrilled to showcase our technology, which has risen to the core of the AI infrastructure in the U.S., home to AI technology," said Justin Kim, President (Head of AI Infra) at SK hynix. "SK hynix will step up its efforts for collaboration with global players, while seeking to accelerate a turnaround in business with its leadership in the AI memory space."

Disclaimer

These materials are not an offer for sale of the securities of SK hynix Inc. in the United States. The securities may not be offered or sold in the United States absent registration with the U.S. Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended. SK hynix Inc. does not intend to register any offering in the United States or to conduct a public offering of securities in the United States.

About SK hynix Inc.

SK hynix Inc., headquartered in Korea, is the world's top tier semiconductor supplier offering Dynamic Random Access Memory chips ("DRAM"), flash memory chips ("NAND flash") and CMOS Image Sensors ("CIS") for a wide range of distinguished customers globally. The Company's shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

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SOURCE SK hynix Inc.

FAQ

What will SK hynix showcase at CES 2024?

SK hynix will showcase ultra-high performance memory products, including HBM3E and an AI Fortuneteller at the SK Wonderland space.

What is SK hynix's Memory Centric vision?

Memory Centric is SK hynix's vision emphasizing the pivotal role of memory products in ICT devices.

What are the company's plans for commercializing memory solutions in the second half of 2024?

SK hynix plans to commercialize 96GB and 128GB CXL 2.0 memory solutions based on DDR5 for shipments to AI customers.

What is the significance of CXL memory in the context of AI technology?

CXL memory, along with HBM, is one of the core products in the limelight with the rise of AI technology.

What are SK hynix's plans for accelerating a turnaround in business?

SK hynix aims to step up its efforts for collaboration with global players while seeking to accelerate a turnaround in business with its leadership in the AI memory space.