SK Hynix Inc. (KRX: 000660.KS)
Semiconductors ยท Icheon, South Korea ยท Founded 1983
- Market capitalization: $100.0 billion
- Annual revenue: $35.0 billion
- Net income: $5.0 billion
- Employees: 35,000
- Sector: Technology
- Headquarters: Icheon, South Korea
- Founded: 1983
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SK Hynix is the world's second-largest memory chip manufacturer (behind Samsung), producing DRAM and NAND flash memory used in smartphones, servers, PCs, and data centers. Headquartered in Icheon, South Korea, it's a subsidiary of SK Group โ Korea's second-largest conglomerate.
Manufacture and sell memory semiconductors. DRAM (70% of revenue) goes into servers and phones. NAND flash goes into SSDs and storage. Memory is a commodity โ prices swing wildly based on supply/demand cycles. When the cycle turns up, SK Hynix prints money. When it turns down, they bleed.
Originally founded as Hyundai Electronics in 1983, the company was renamed Hynix in 2001 after Hyundai Group's restructuring. SK Telecom acquired a controlling stake in 2012, renaming it SK Hynix. The $9 billion acquisition of Intel's NAND business in 2021 significantly expanded their flash memory operations.
| Market Capitalization | $100.0B |
| Annual Revenue | $35.0B |
| Net Income | $5.0B |
| Profit Margin | 14% |
| Revenue per Employee | $1000000K |
| Stock Exchange | KRX |
| Ticker Symbol | 000660.KS |
Financial data is approximate and based on most recent annual filings.
SK Hynix produces the High Bandwidth Memory (HBM) chips that power NVIDIA's AI GPUs โ making it a critical supplier in the AI boom. HBM demand from AI training has driven record profits. The company operates one of the world's largest semiconductor fabs in Icheon, South Korea.
SK Hynix is an AI beneficiary through HBM demand, but at its core it's a cyclical memory company. The AI tailwind is real and significant โ HBM commands premium pricing and SK Hynix leads Samsung in this segment. But memory cycles haven't been repealed; the next downturn will come eventually.
What is SK Hynix Inc.'s revenue?
SK Hynix Inc. generates approximately $35.0 billion in annual revenue.
How many employees does SK Hynix Inc. have?
SK Hynix Inc. employs approximately 35,000 people worldwide.
What is SK Hynix Inc.'s market cap?
SK Hynix Inc. (000660.KS) has a market capitalization of approximately $100.0 billion on the KRX.
When was SK Hynix Inc. founded?
SK Hynix Inc. was founded in 1983 and is headquartered in Icheon, South Korea.
Who is the CEO of SK Hynix Inc.?
Kwak Noh-Jung is the current CEO of SK Hynix Inc..
What is SK Hynix Inc.'s website?
SK Hynix Inc.'s official website is skhynix.com.
| CEO | Kwak Noh-Jung |
| Sector | Technology |
| Industry | Semiconductors |
| Founded | 1983 |
| HQ | Icheon |
| Country | South Korea |
| Website | skhynix.com |
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