Company

SK Hynix

SK Hynix is a South Korean multinational semiconductor company that manufactures memory chips, including DRAM and high-bandwidth memory.

Why it’s in the news: It is in the news for announcing a $29 billion stock buyback and ongoing wage negotiations with its workers.

Latest on SK Hynix

  • SK Hynix workers to get 60% of this year's bonuses in stock rather than all cash
  • SK Hynix to pay 60% of employee bonuses in company stock under preliminary deal
  • SK Hynix announces $28.6bn buyback plan to boost stock price
  • SK Hynix suggests its stock is too cheap as it embarks on $29 billion buyback
  • SK Hynix to buy back, cancel $29 billion worth of treasury shares
  • SK Hynix union finalising preliminary wage deal, source says
  • SK Hynix is solving a real problem — the chip shortage that made every AI infrastructure team sweat.
  • SK Hynix's board approved $38 billion in investments for chip manufacturing plants in Yongin and Cheongju, South Korea. The Yongin facility, known as Y2 fab, will be the second of four planned fabrication plants at the cluster and will produce dynamic random access memory (DRAM) chips.
  • SK Telecom will construct a 2-gigawatt AI data centre utilizing Nvidia's Vera Rubin chips and SK Hynix's HBM4 high-bandwidth memory
  • Wikidata: SK Hynix — located in — South Korea
  • Wikidata: SK Hynix — operates in — semiconductor industry
  • Wikidata: SK Hynix — capital ownership — LG Semiconductor

Connections

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