SK hynix Inc. American Depositary Receipt logo

SK hynix Inc. American Depositary Receipt

NASDAQ:SKHYLive AI agent

SK hynix is a technology innovator focused on creating a better world through sustainable management and transparent governance.

Investor website: https://skhynix.com/

About

SK hynix is a technology innovator focused on creating a better world through sustainable management and transparent governance. The company emphasizes environmentally and socially responsible practices while pursuing both social and economic values.

Verified company data

Cash position
27.9 trillion won
Shares outstanding
730,492,365
Projects
["SK hynix Inc. announced today that it plans to expand production capacity of the next-generation DRAM including HBM, a core component of the AI infrastructure, in response to the rapidly increasing demand for AI semiconductors. As the board of directors approves the plan, the company will build the M15X fab in Cheongju, North Chungcheong Province, for a new DRAM production base, and invest about 5.3 trillion won for fab construction. The company plans to start construction at the end of April with an aim to complete in November 2025 for an early mass production. With a gradual increase in equipment investment planned, the total investment in building the new production base will be more than 20 trillion won in the long-term. As a global leader in AI memory, SK hynix expects the expansion in investment to contribute to revitalizing the domestic economy, while refreshing Korea’s reputation as a semiconductor powerhouse. With the advent of the AI era, the semiconductor industry believes that the DRAM market has entered a mid- to long-term growth phase. Along with HBM, which is expected to grow more than 60% annually, the company forecasts that demand for general DRAM will be on a steady rise led by high-capacity DDR5 module products for servers. As HBM requires at least twice as large capabilities to secure the same production as general DRAM products, SK hynix decided that increasing DRAM capabilities with a focus on HBM is a precondition for future growth. The company plans to produce new DRAM from the M15X in Cheongju before the completion of the first fab in Yongin Semiconductor Cluster in the first half of 2027. Being located near the M15, which has been expanding TSV capabilities, the M15X is the best conditioned for optimization of HBM production."]
Leadership
Kitae Kim (Vice President, Head of HBM Sales & Marketing, has extensive experience in semiconductor sales and marketing, managing accounts for major global tech companies and driving revenue growth while maintaining sales during market downturns.)

Verified data last updated:

Recent filings