Sk Hynix News - Latest Updates & Headlines
Seoul shares rise nearly 1 pc over South Korea-US tariff negotiations
Seoul, April 25: South Korean stocks finished nearly 1 per cent higher on Friday, as investors assessed the outcome of the first round of tariff talks between Seoul and Washington. The local currency fell against the US dollar.
US curbs on Nvidia chips to have limited impact on South Korean chipmakers
Seoul, April 16: South Korean chipmakers will likely face only limited impact from the new US restrictions on exports of Nvidia’s H20 artificial intelligence (AI) accelerators to China, experts here said on Wednesday.
Seoul shares nosedive over 5.5 pc on panic selling sparked by Trump tariffs
Seoul, April 7: South Korean stocks nosedived more than 5.5 percent on Monday, extending their losing streak to a fourth consecutive day, as investors panicked over an escalating global trade war triggered by US reciprocal tariffs. The Korean won fell by the most since the COVID-19 pandemic against the U.S. dollar.
SK hynix top pick for foreign investors in Q3: Report
Seoul, March 29: Major chipmaker SK hynix was the top pick for foreign investors in the first quarter of the year, data showed on Saturday.
Combined operating profit of top 500 S. Korean firms jumps 66 pc in 2024
Seoul, March 26: The combined operating profit of South Korea's top 500 companies surged 66 per cent from a year earlier in 2024, driven largely by a rebound in the global semiconductor market, a report showed on Wednesday.
SK hynix ships samples of next-generation HBM4 chips to customers
Seoul, March 19: SK hynix said on Wednesday it has shipped samples of the next-generation high bandwidth memory (HBM), 12-layer HBM4, to its major customers for the first time in the world.
Seoul shares finish lower amid Trump's tariff determination
Seoul, March 14: South Korean stocks ended lower for the second consecutive session in Friday amid US President Donald Trump's determination to push forward with his controversial tariff policies. The local currency stayed unchanged against the greenback from the previous session.
S. Korea calls for exemption of semiconductor workers from 52-hour work week
Seoul, March 11: Industry and labour ministers on Tuesday called for an exemption of researchers in the semiconductor industry from South Korea's 52-hour workweek system that prevents them from working extended hours even when needed.
S. Korea needs greater US energy imports, other bargaining chips for Trump tariff negotiations
Seoul, March 6: Facing US President Donald Trump's imminent sweeping tariff scheme and mounting pressure on a range of industries and the economy, South Korea needs to boost its imports of American energy and highlight room for cooperation in areas crucial to the US as leverage in possible negotiations, experts said on Thursday.
Seoul shares sharply down over escalating US tariff woes
Seoul, Feb 28: South Korean stocks traded sharply lower on Friday as investor sentiment was dampened by looming tariff impositions by the United States and a slump in artificial intelligence (AI) chip giant Nvidia.
SK hynix's surpasses Samsung for 1st time in quarterly profit
Seoul, Jan 28: Chipmaking giant SK hynix has surpassed its biggest rival, Samsung Electronics, for the first time ever in terms of quarterly profit, data showed on Tuesday, as its robust sales of artificial intelligence (AI) memory chips pushed up its fourth-quarter figures to record highs.
SK hynix names Ryu Sung-soo as new CEO of its US unit
Seoul, Jan 26: South Korean chip giant SK hynix has appointed Vice President Ryu Sung-soo as the new CEO of its US unit, SK hynix America.
South Korean stocks close higher over hopes for rate cuts
Seoul, Jan 24: South Korean stocks finished higher on Friday as US President Donald Trump's call for interest rate cuts boosted appetite for risky assets. The local currency gained against the US dollar.
SK hynix reports record Q4 earnings on rising demand for AI chips
Seoul, Jan 23: South Korean chipmaking giant SK hynix said on Thursday its fourth-quarter earnings hit a record high on rising demand for artificial intelligence (AI) chips, including high bandwidth memory (HBM), sharply beating market expectations.
CM Sarma pitches strengthening collaboration between energy industries, semiconductors, and startups of Assam and Korea
Seoul, January 21: Assam Chief Minister Himanta Biswa Sarma held a series of meetings with various stakeholders to explore collaboration opportunities in key sectors such as renewable energy, semiconductors, small and medium enterprises (SMEs), and startups on Tuesday (local time), according to an official statement.
Assam CM holds meeting with Vice-President of world's leading semiconductor vendor in Seoul
Guwahati, Jan 21: Assam Chief Minister Himanta Biswa Sarma held a discussion with top official of leading semiconductor in the world in Seoul on Tuesday.
Threats, new horizons loom for South Korean industries as Trump 2.0 begins
Seoul, Jan 21: As Donald Trump took office for his second term as US president, South Korean industries were closely watching for potential changes in Washington's economic and trade policies, which could significantly impact their American businesses, industry observers said on Tuesday.
Seoul shares turn lower amid rising woes over US protectionism
Seoul, Jan 21: South Korean stocks turned lower on Tuesday after new US President Donald Trump ordered his administration to address unfair trade practices globally.
Samsung misses Q4 profit forecast on missteps in AI chips
Seoul, Jan 8: Samsung Electronics on Wednesday estimated its fourth-quarter operating profit more than doubled from a year earlier but missed market expectations due to lacklustre performance in its high-end memory chips for artificial intelligence accelerators.