SK hynix will invest 450 billion won in building its first chip facilities in Yongin, prioritizing local resources and hiring for the project, with operations set to begin by mid-2027.
Korean chipmakers face a downturn as DRAM prices plunge due to U.S. export restrictions and poor demand.
SK Group announced 75 promotions for next year, a reduced number reflecting the company's drive improved efficiency and competitiveness.
The United States imposed new export restrictions on HBM chips to China, impacting Korean chipmakers like Samsung and SK hynix, which rely on the Chinese market for significant sales.
SK hynix on Wednesday announced plans to increase dividend payouts by 25 percent per share by 2027 as part of a broader strategy to boost corporate value amid the chipmaker's rapid growth in the AI chip market.
Police on Monday announced that they have uncovered 25 cases of technology leaks to foreign countries so far this year, marking the highest number since the National Investigation Headquarters was established in 2021.
SK hynix said Thursday it has started mass production of the industry's first triple-level cell-based 321-layer NAND flash memory chips.
SK chief Chey Tae-won predicted the turning point for the global AI market’s expansion to come around 2027, calling to expedite group-wide efforts to streamline its business portfolio to better accommodate the rapidly changing market environment.
Morgan Stanley raised the target price of SK hynix stocks by eight percent in a rare admittance of its mistake in evaluating a company's stock price on Thursday.
SK hynix reported its highest quarterly profit for the July-September period this year, surpassing market consensus by a large margin, driven by its competitive edge in AI memory chips.
Korea JoongAng Daily Sitemap
