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SK hynix Inc. (
Korean: 에스케이하이닉스 주식회사) is a South Korean supplier of
dynamic random-access memory (DRAM) chips and
flash memory chips. Hynix is the world's second-largest memory chipmaker (after
Samsung Electronics)[2] and the world's sixth-largest semiconductor company.[3] Founded as Hyundai Electronic Industrial Co., Ltd. in 1983[4] and known as Hyundai Electronics, the company has manufacturing sites in Korea, the United States, mainland China[5] and
Taiwan. In 2012, when
SK Telecom became its major shareholder, Hynix merged with
SK Group[4] (the third largest conglomerate in South Korea at the time).
1983: Incorporated and renamed as Hyundai Electronics Industries Co., Ltd.[4]
1985: Started mass production of 256K DRAM under a licensing agreement with U.S. company
Vitelic Corporation.[9]
1986: The Hyundai-manufactured
Blue Chip PC was sold in discount and toy stores throughout the US. It is one of the earliest PC clones marketed toward consumers instead of business[10]
2001: Changed the company name to Hynix Semiconductor Inc.[11] (from Hyundai Electronics); spun off Hyundai Syscomm, Hyundai CuriTel, and Hyundai Networks; completed spin-off from
Hyundai Group[11]
2002: Sold HYDIS, TFT-LCD Business Unit
2004: Signed System IC Business Transfer Agreement with System Semiconductor
2005: Emerged from Corporate Restructuring Promotion Act ahead of schedule. Fined US$185M for involvement in
DRAM price fixing cartel
2006: Posted record the highest revenues since foundation Established global manufacturing network with complete construction of Hynix-ST Semiconductor Inc. Hynix's wholly owned manufacturing subsidiary in China
2007: Appointed Jong-Kap Kim as the new Chairman & CEO
2009: Company put up for sale by its lenders after it defaulted on loans and a subsequent debt-equity swap
2010: Fine of €51.47 million for illegally
fixing prices with eight other memory chip makers.[14] In January 2010, Hynix Semiconductor Inc was put up for sale in an auction valued at close to $3 billion.[15][16] On 31 August 2010, HP announced collaboration with Hynix to bring
memristor to high volume manufacturing step (targeted for 2013).[17]
2012:
SK Group, the third-largest conglomerate in South Korea, acquired a 21.05% stake in Hynix.[18]
2013: Fab 1 and Fab 2 in China both suffered a massive fire which took the factories offline temporarily.[19]
2014: SK hynix acquired the firmware division of
Softeq Development FLLC to make it part of its global R&D network alongside Italy-based Ideaflash S.r.l, Link_A_Media Devices and Violin Memory in the US, and Taiwanese Innostor Technology.[20][21]
2020: Hynix announced an agreement to purchase
Intel's NAND business for $9 billion, which closed in 2021.[22] This spinoff created a new company, Solidigm, fully owned by SK Hynix.[23][24]
2021: The company is involved in an scandal regarding defective DRAM memory.[25]
Products
Hynix produces a variety of semiconductor memories, including:
SK Hynix is a leader in high-bandwidth memory (HBM) used in AI. The company has started supplying the HBM3E, a fifth-generation HBM, to Nvidia.[26]
"The memory chip market is on course for recovery this year, and AI has a huge effect over the improving market condition...We will continue investment to strengthen our technological competitiveness, but at the same time, we will also focus on ensuring profitability in our NAND memory investment processes.”
^"IBM home computer clones stream in with quality, low prices". The Christian Science Monitor. 4 November 1986. Hyundai, the South Korean maker of one of the hottest and cheapest compact cars on sale in the United States, is beginning to hawk its Blue Chip Computer in more than 500 discount stores nationwide. The unit is compatible with the IBM PC-XT.