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UK's CMA Says Start Of Merger Investigation On Anticipated SK Hynix / Intel Deal
SK Hynix Says Although This Year's Capex To Increase Somewhat, Resulting Production Will Materialize Next Year
UK's CMA Starts Probe Into Anticipated Acquisition Of Intel's Nand And SSD Business By SK Hynix
SK hynix Inc is a Korea-based company mainly engaged in the production and sale of semiconductor memories. The Company’s major products include dynamic random access memory (DRAM), NAND flashes, as well as multi-chip packages (MCP), among others. In addition, the Company manufactures and sells complementary metal oxide semiconductor image sensors (CISs). CISs is used in mobile phones, notebooks, tablets, medical devices, digital single lens reflex (DSLR) cameras, camcorders, automobiles, security equipments, game machines, and home appliances. The Company distributes its products within the domestic market and to overseas markets, including America, Germany, UK, Japan, Singapore, India, and China.
2091, Gyeongchung-Daero, Bubal-Eup
Tae Won Choi
Chairman - Management
Seok Hui Lee
President, Chief Executive Officer, Director
Gyo Won Jin
Song Seop Kim
Jeong Ho Park
Vice Chairman of the Board
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SK Hynix Inc, the world's second-largest memory chip maker, has requestd talks to acquire South Korea-based Key Foundry, a chip contract manufacturer, a South Korean newspaper reported on Monday.
SK Hynix, the world's No.2 memory chip maker, said on Wednesday it will bring forward planned capital spending but warned supply increases from the investment will come only next year, pointing to a prolonged global semiconductor shortage.
EU antitrust enforcers will decide by May 20 whether to clear South Korean chipmaker SK Hynix Inc's $9 billion buy of Intel Corp's NAND memory chip business, according to a European Commission filing.
SK Hynix Inc, the world's second-largest memory chip maker, is close to signing a long-term deal to provide automotive memory chips to German auto supplier Robert Bosch GmbH, South Korean newspapers reported.
South Korea's third-largest conglomerate, SK Group, said on Tuesday it has agreed to acquire a 16.3% stake in Vietnam's VinCommerce, a retail affiliate of Masan Group, for $410 million.
SK Hynix, world's second-largest memory chip maker, said on Wednesday it had agreed a five-year procurement contract worth 4.8 trillion won ($4.34 billion) with ASML Holding N.V. to secure extreme ultraviolet (EUV) scanners used in manufacturing chips.
SK Hynix, the world's No.2 memory chip maker, forecast high demand this year and warned of possible shortages of certain semiconductors including those that power many consumer devices.
SK Hynix, the world's No.2 memory chip maker, posted a 298% jump in fourth-quarter profit as a better-than-forecast increase in chip shipments offset declines in chip prices.
Round-up of South Korean financial markets:
* KOSPI rises, foreigners net buyers * Korean won strengthens against U.S. dollar * South Korea benchmark bond yield rises SEOUL, Dec 2 (Reuters) - Round-up of South Korean financial markets: ** South Korean shares jumped more than 1% to a record high on Wednesday, as COVID...
* KOSPI rises, foreigners net buyers * Korean won weakens against U.S. dollar * South Korea benchmark bond yield falls SEOUL, Dec 1 (Reuters) - Round-up of South Korean financial markets: ** South Korean shares rebounded on Tuesday, as upbeat trade and manufacturing data...
A Chinese factory owned by South Korean semiconductor giant SK Hynix Inc halted operations on Sunday after a plant worker was found to have an asymptomatic infection of the novel coronavirus, the official news agency Xinhua reported.
SK Hynix <000660.KS>, the world's No.2 memory chip maker, said it expected inventory build-up by Huawei's competitors in China to boost mobile demand in the current quarter, but its mainstay server demand would remain week.
Intel Corp's $9 billion sale of its NAND memory chip unit will help the U.S. chip giant focus on its core business in higher-margin processors, Wall Street analysts said on Tuesday, after its deal with South Korea's SK Hynix Inc.
Intel Corp <INTC.O> has agreed to sell its NAND memory chip business to SK Hynix Inc <000660.KS> for $9 billion in an all-cash deal that would propel the South Korean chipmaker to second in the global rankings.
SK Hynix <000660.KS> said on Tuesday it will buy Intel's <INTC.O> solid state drive (SSD) business, NAND memory chip product and wafer business, as well as its production facility in Dalian, China for about $9 billion in an all-cash deal.
Intel Corp is nearing a deal to sell a memory-chip unit to South Korea's SK Hynix Inc for roughly $10 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter.
* KOSPI rises, foreigners net sellers * Korean won strengthens against U.S. dollar * South Korea benchmark bond yield falls SEOUL, Sept 29 (Reuters) - Round-up of South Korean financial markets: ** South Korean shares rose on Tuesday ahead of a three-day Chuseok holiday,...
SiFive Inc, a California startup working to commercialize an open-source semiconductor technology, said on Tuesday that it has raised an additional $60 million in funding from investors including SK Hynix <000660.KS> and Saudi Aramco.
* Forecasts improving demand for 5G phone chips, game consoles
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