Welcome to our dedicated page for Sk Hynix news (Ticker: HXSCL), a resource for investors and traders seeking the latest updates and insights on Sk Hynix stock.
SK hynix Inc. S/GDR 144A (HXSCL) is tied to SK hynix Inc., a Korea-headquartered semiconductor supplier known for DRAM and NAND flash memory. The news flow around the company focuses heavily on memory technologies for AI, advanced manufacturing, and high-performance storage solutions.
Recent company announcements highlight the completion of development and preparation for mass production of HBM4, a next generation high bandwidth memory product for ultra-high performance AI. SK hynix describes HBM4 as offering increased bandwidth and improved power efficiency compared to the previous generation, and positions it as a core product for overcoming AI infrastructure limitations.
News items also cover the company’s work in NAND flash, including development and mass production of a 321-layer 2Tb QLC NAND flash product. SK hynix states that this high-density NAND is intended for PC SSDs, enterprise SSDs for data centers, and UFS for smartphones, and that it supports ultra-high-capacity storage for AI servers and data centers.
On the mobile side, SK hynix has announced ZUFS 4.1, a Zoned UFS 4.1 mobile NAND solution described as optimized for on-device AI and large-scale data processing, as well as a UFS 4.1 solution based on 321-layer NAND. Additional news covers mobile DRAM with High-K Epoxy Molding Compound for improved heat dissipation in smartphones.
Investors and observers following HXSCL-related news can expect updates on AI memory products such as HBM, DRAM modules for AI servers and PCs, CXL-based DDR5 solutions, high-layer-count NAND flash, and financial results that the company links to AI-driven memory demand. Bookmark this page to review ongoing developments in SK hynix’s DRAM, NAND, and AI memory roadmap as disclosed through its press releases and announcements.
SK hynix reported its Q1 2023 financial results, registering revenues of 5.088 trillion won, an operating loss of 3.402 trillion won (67% operating margin), and a net loss of 2.586 trillion won (51% net margin). The unfavorable results were attributed to weakened demand and falling prices of memory chips, leading to a 34% decline in revenue compared to Q4 2022 and a 58% decrease year-over-year. Despite these challenges, the company anticipates revenue growth in Q2 as market conditions improve and sales volume increases. SK hynix aims to enhance its position in the premium memory market with products like DDR5, LPDDR5, and HBM3, and will maintain investment in high-performance memory technology while preparing for the production of cutting-edge 1b nanometer DRAM and 238-layer NAND.
SK hynix has developed the industry's first 12-layer HBM3 product with a remarkable 24GB memory capacity, marking a 50% increase from its previous 16GB model. Currently, customer performance evaluations are ongoing, with plans for mass production preparation to be finalized by the first half of 2023. The new product aims to meet rising demand for high-performance memory driven by the AI sector. Utilizing advanced MR-MUF and TSV technologies, this innovation enhances processing speeds up to 819GB per second. The adoption of HBM3 is expected to increase among major global tech companies, solidifying SK hynix's leadership in the cutting-edge DRAM market.
SK hynix reported FY2022 revenues of 44.648 trillion won and an operating profit of 7.007 trillion won, with a net income of 2.439 trillion won. Despite a 4% revenue increase year-over-year, the company faced its first quarterly operating loss in a decade during Q4 due to low demand and falling memory chip prices. The operating loss for Q4 2022 was 1.701 trillion won, marking a 30% decrease from the previous quarter. Management anticipates a market recovery in the latter part of 2023, driven by demand for new AI technologies and strategic investments in high-capacity DRAM.
SK hynix has unveiled its latest product, the LPDDR5T, touted as the world's fastest mobile DRAM, achieving a data rate of 9.6 Gbps, a 13% increase over its predecessor, LPDDR5X. This new DRAM operates at an ultra-low voltage range of 1.01 to 1.12V, enhancing energy efficiency while boosting performance. Sample products have been sent to customers, and mass production is set for the second half of 2023. The integration of the HKMG process further improves speed and reduces power consumption. The company anticipates expanding the LPDDR5T's application in sectors including AI and AR/VR.
On January 11, 2023, SK hynix announced the industry's first validation of its 1anm DDR5 server memory on the 4th Gen Intel® Xeon® Scalable processor. This milestone, occurring shortly after the processor's launch on January 10, 2023, signifies a pivotal development in server technology. The 1anm DDR5 offers a 20% reduction in power consumption and over 70% better performance compared to DDR4. SK hynix aims to leverage this validation to strengthen its market leadership and cater to the expected surge in demand for high-performance memory chips.
On January 4th, 2023, SK hynix Vice Chairman Park Jung-ho met with Qualcomm CEO Cristiano Amon at CES 2023 in Las Vegas. The meeting focused on enhancing collaboration in the semiconductor industry as Qualcomm expands into automotive and IoT markets. The executives discussed future industry trends and emphasized the importance of cooperation beyond borders and industries. SK hynix aims to explore various business opportunities through partnerships with global tech companies.
SK hynix announced it will showcase new memory products at CES 2023 under the theme of "Green Digital Solution", contributing to its leadership in the solid-state drive market. Key offerings include the PS1010 E3.S eSSD featuring advanced 176-layer 4D NAND technology, promising a 130% increase in read speed and a 49% increase in write speed compared to its predecessor. The improvements also ensure a 75% boost in performance-per-watt, decreasing operational costs and carbon emissions. Additional products include HBM3 and GDDR6-AiM, showcasing the company's commitment to energy efficiency.
